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Brevard County, Florida · 2025

Mortgage lenders in Brevard County, FL: denial rates and top lenders (2025)

658 lenders acted on 31,837 mortgage applications for properties in Brevard County in 2025. 18.1% were denied (Florida: 21.1%). Median rate on closed loans 6.50%; median loan $245,000; median property value $375,000.

32kApplications
18.1%Denial ratestate 21.1%
6.50%Median ratestate 6.63%
$245,000Median loan
$375,000Median property value

Largest lenders in Brevard County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Space Coast Credit Union C 3,0271,793 20.1%5.38%
2 United Shore Financial Services B 2,4941,800 12.3%6.25%
3 Rocket Mortgage C 1,7601,200 19.2%6.68%
4 COMMUNITY CREDIT UNION of FLORIDA C 1,030651 23.7%7.25%
5 Launch Credit Union F 931375 38.4%6.75%
6 Crosscountry Mortgage B 853561 3.2%6.58%
7 Navy Federal Credit Union D 793356 16.8%7.25%
8 Mortgage Research Center C 777279 21.4%6.25%
9 The Mortgage Firm B 720549 1.1%6.75%
10 Pennymac Loan Services C 639323 10.6%6.50%
11 Newrez D 636258 15.1%6.56%
12 Freedom Mortgage B 628276 8.4%6.25%
13 Bank of America F 571219 33.8%6.24%
14 Truist Bank C 506245 36.4%6.70%
15 Dhi Mortgage Company B 446291 17.5%4.75%
16 Loandepot.Com D 417215 29.5%6.63%
17 Broker Solutions D 352146 10.2%6.63%
18 Lennar Mortgage A 341269 12.0%4.63%
19 Spring Eq D 33784 52.2%9.85%
20 Regions Bank C 331162 33.8%4.99%
21 Coastal Community Bank C 32861 2.4%9.99%
22 Rmc Home Mortgage B 325229 4.6%6.63%
23 Embrace Home Loans A 318223 5.4%6.63%
24 PNC Bank D 314131 37.3%7.45%
25 Dybn Financial A 309222 1.0%6.38%

Best approval odds in Brevard County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Direct Mortgage Loans1040.0%
2The Mortgage Firm6171.3%
3Dybn Financial2251.3%
4Rf Renovo Management Company571.8%
5Primary Residential Mortgage531.9%
6NFM1242.4%
7First Heritage Mortgage1152.6%
8Meadowbrook Financial Mortgage Bankers732.7%
9Plains Commerce Bank1143.5%
10Paramount Residential Mortgage Group543.7%

What Brevard County borrowers applied for

By loan purpose

Home purchase 14,865 47% · 9.0% denied
Refinance 4,125 13% · 17.8% denied
Cash-out refinance 6,293 20% · 25.6% denied
Home improvement 3,056 10% · 30.1% denied
Other / HELOC 3,498 11% · 33.3% denied

By loan type

Conventional 21,681 68% · 20.0% denied
FHA 5,028 16% · 16.8% denied
VA 5,109 16% · 11.7% denied
USDA / RHS 19 0% · 10.5% denied

Why applications were denied

Debt-to-income ratio 1,978 36%
Credit history 1,160 21%
Collateral 828 15%
Incomplete application 729 13%
Other 461 8%
Unverifiable information 187 3%
Insufficient cash 145 3%
Employment history 47 1%

Brevard County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202331,63516,72620.6%6.75%$215,000
202431,36316,94319.7%6.63%$235,000
202531,83717,57218.1%6.50%$245,000

Frequently asked questions

18.1% of applications in Brevard County were denied in 2025, against 21.1% statewide in Florida.

Space Coast Credit Union, with 3,027 applications in 2025 and a denial rate of 20.1%.

The median mortgage application in Brevard County in 2025 was for $245,000; the median property value on originated loans was $375,000.