Largest lenders in DeSoto County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Lower | C | 105 | 82 | 7.6% | 6.63% |
| 2 | Suncoast Credit Union | C | 66 | 34 | 28.8% | 7.50% |
| 3 | Midflorida | C | 63 | 32 | 34.9% | 6.49% |
| 4 | United Shore Financial Services | B | 55 | 38 | 20.0% | 6.46% |
| 5 | Rocket Mortgage | C | 33 | 26 | 12.1% | 6.63% |
| 6 | 21st Mortgage | F | 25 | 4 | 56.0% | 10.41% |
| 7 | Truist Bank | C | 23 | 9 | 47.8% | 6.94% |
| 8 | Newrez | D | 21 | 7 | 28.6% | 6.88% |
| 9 | Crews Bank & Trust | B | 20 | 15 | 15.0% | — |
| 10 | Freedom Mortgage | B | 17 | 3 | 23.5% | 6.50% |
| 11 | Pennymac Loan Services | C | 16 | 8 | 6.3% | 6.75% |
| 12 | SouthState Bank | B | 16 | 14 | 12.5% | 7.30% |
| 13 | Navy Federal Credit Union | D | 14 | 6 | 21.4% | 7.19% |
| 14 | Bank of America | F | 13 | 5 | 30.8% | 6.49% |
| 15 | Crosscountry Mortgage | B | 12 | 8 | 0.0% | 6.88% |
| 16 | Triad Financial Services | D | 12 | 1 | 25.0% | 8.18% |
| 17 | Regions Bank | C | 11 | 2 | 72.7% | 5.56% |
| 18 | Mortgage Research Center | C | 10 | 4 | 20.0% | 6.25% |
| 19 | AmeriSave Mortgage | D | 9 | 3 | 66.7% | 9.25% |
| 20 | Credit Human Federal Credit Union | D | 9 | 4 | 33.3% | 8.40% |
| 21 | Loandepot.Com | D | 9 | 6 | 11.1% | 7.06% |
| 22 | Coast One Mortgage | C | 8 | 1 | 25.0% | 6.88% |
| 23 | Coastal Community Bank | C | 8 | 2 | 0.0% | 11.12% |
| 24 | Lake Michigan Credit Union | A | 7 | 4 | 0.0% | 6.56% |
| 25 | A&D Mortgage | C | 7 | 4 | 0.0% | 7.12% |
Best approval odds in DeSoto County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Lower | 91 | 8.8% |
| 2 | Suncoast Credit Union | 53 | 35.9% |
| 3 | Midflorida | 54 | 40.7% |
What DeSoto County borrowers applied for
By loan purpose
By loan type
Why applications were denied
DeSoto County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 881 | 403 | 28.4% | 6.99% | $165,000 |
| 2024 | 952 | 439 | 28.4% | 6.88% | $175,000 |
| 2025 | 843 | 440 | 23.4% | 6.75% | $195,000 |
Frequently asked questions
23.4% of applications in DeSoto County were denied in 2025, against 21.1% statewide in Florida.
Lower, with 105 applications in 2025 and a denial rate of 7.6%.
The median mortgage application in DeSoto County in 2025 was for $195,000; the median property value on originated loans was $295,000.