Charlotte County, Florida · 2025

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

638 lenders acted on 13,288 mortgage applications for properties in Charlotte County in 2025. 18.6% were denied (Florida: 21.1%). Median rate on closed loans 6.63%; median loan $245,000; median property value $345,000.

13kApplications
18.6%Denial ratestate 21.1%
6.63%Median ratestate 6.63%
$245,000Median loan
$345,000Median property value

Largest lenders in Charlotte County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Lennar Mortgage A 970616 21.2%5.99%
2 United Shore Financial Services B 907649 14.7%6.38%
3 Rocket Mortgage C 739482 21.9%6.75%
4 Suncoast Credit Union C 572385 17.3%7.25%
5 Dhi Mortgage Company B 340224 8.2%5.50%
6 Regions Bank C 280115 37.1%4.99%
7 Mortgage Research Center C 252103 21.0%6.25%
8 Pennymac Loan Services C 249122 13.3%6.62%
9 Newrez D 24688 21.5%6.75%
10 Loandepot.Com D 238157 18.5%6.63%
11 Bank of America F 23392 29.6%6.24%
12 Crosscountry Mortgage B 206114 8.7%6.75%
13 Fifth Third Bank D 16669 28.9%7.49%
14 The Loan Store B 166124 6.0%6.88%
15 Lake Michigan Credit Union A 160115 8.8%6.38%
16 Truist Bank C 15569 41.3%6.88%
17 Broker Solutions D 15370 11.8%6.75%
18 Freedom Mortgage B 14867 9.5%6.25%
19 Lakeview Loan Servicing C 12525 43.2%6.88%
20 Navy Federal Credit Union D 12153 21.5%6.88%
21 JPMorgan Chase Bank B 11963 12.6%6.75%
22 Achieva Credit Union C 11762 30.8%7.25%
23 Spring Eq D 11326 50.4%8.70%
24 Third Federal Savings and Loan Association of Cleveland C 11049 32.7%6.99%
25 Coastal Community Bank C 11025 2.7%9.99%

Best approval odds in Charlotte County

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

What Charlotte County borrowers applied for

By loan purpose

Home purchase 7,411 56% · 12.0% denied
Refinance 1,635 12% · 21.7% denied
Cash-out refinance 1,850 14% · 25.6% denied
Home improvement 889 7% · 32.6% denied
Other / HELOC 1,503 11% · 31.3% denied

By loan type

Conventional 9,767 74% · 19.0% denied
FHA 2,221 17% · 18.3% denied
VA 1,291 10% · 16.1% denied
USDA / RHS 9 0% · 33.3% denied

Why applications were denied

Debt-to-income ratio 915 37%
Credit history 438 18%
Collateral 420 17%
Incomplete application 287 12%
Other 188 8%
Unverifiable information 132 5%
Insufficient cash 71 3%
Employment history 16 1%
Mortgage insurance denied 1 0%

Charlotte County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202312,1076,44020.6%6.88%$245,000
202412,7176,99920.0%6.88%$245,000
202513,2887,43118.6%6.63%$245,000

Frequently asked questions

18.6% of applications in Charlotte County were denied in 2025, against 21.1% statewide in Florida.

Lennar Mortgage, with 970 applications in 2025 and a denial rate of 21.2%.

The median mortgage application in Charlotte County in 2025 was for $245,000; the median property value on originated loans was $345,000.