Broward County, Florida · 2025

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

763 lenders acted on 67,628 mortgage applications for properties in Broward County in 2025. 25.3% were denied (Florida: 21.1%). Median rate on closed loans 6.75%; median loan $265,000; median property value $545,000.

68kApplications
25.3%Denial ratestate 21.1%
6.75%Median ratestate 6.63%
$265,000Median loan
$545,000Median property value

Largest lenders in Broward County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 United Shore Financial Services B 6,8014,462 19.7%6.50%
2 Rocket Mortgage C 3,6212,317 25.6%6.63%
3 Bank of America F 2,824788 42.5%6.13%
4 Space Coast Credit Union C 2,227961 36.1%5.63%
5 Newrez D 1,656422 29.1%6.99%
6 Pennymac Loan Services C 1,633784 18.3%6.62%
7 A&D Mortgage C 1,555933 9.1%6.99%
8 Crosscountry Mortgage B 1,426845 7.4%6.83%
9 JPMorgan Chase Bank B 1,349675 17.9%6.49%
10 Coastal Community Bank C 1,347207 2.9%10.24%
11 Navy Federal Credit Union D 1,143351 34.0%7.95%
12 Spring Eq D 1,119248 57.8%8.86%
13 Truist Bank C 1,103374 52.0%6.49%
14 Third Federal Savings and Loan Association of Cleveland C 1,036400 47.4%6.99%
15 Paramount Residential Mortgage Group B 981597 5.2%6.63%
16 The Loan Store B 962544 19.9%7.25%
17 TD Bank D 919336 42.9%7.54%
18 BrightStar Credit Union D 896377 27.0%7.25%
19 Freedom Mortgage B 782271 13.2%6.25%
20 Loandepot.Com D 756387 28.0%6.99%
21 Lakeview Loan Servicing C 74964 64.6%8.19%
22 PNC Bank D 742229 44.3%7.13%
23 Discover Bank F 65663 56.1%8.68%
24 Figure Lending C 649243 32.5%8.75%
25 Regions Bank C 607199 48.8%4.99%

Best approval odds in Broward County

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

What Broward County borrowers applied for

By loan purpose

Home purchase 27,771 41% · 15.4% denied
Refinance 8,311 12% · 27.1% denied
Cash-out refinance 13,955 21% · 27.1% denied
Home improvement 7,876 12% · 39.7% denied
Other / HELOC 9,715 14% · 38.1% denied

By loan type

Conventional 55,757 82% · 26.2% denied
FHA 9,228 14% · 23.0% denied
VA 2,628 4% · 16.6% denied
USDA / RHS 15 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 6,761 40%
Credit history 2,858 17%
Collateral 2,847 17%
Incomplete application 2,194 13%
Other 1,277 7%
Unverifiable information 611 4%
Insufficient cash 446 3%
Employment history 109 1%
Mortgage insurance denied 5 0%

Broward County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202368,09530,92328.1%6.99%$225,000
202469,80631,82227.3%6.99%$245,000
202567,62831,29625.3%6.75%$265,000

Frequently asked questions

25.3% of applications in Broward County were denied in 2025, against 21.1% statewide in Florida.

United Shore Financial Services, with 6,801 applications in 2025 and a denial rate of 19.7%.

The median mortgage application in Broward County in 2025 was for $265,000; the median property value on originated loans was $545,000.