Glades County, Florida · 2025

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

118 lenders acted on 427 mortgage applications for properties in Glades County in 2025. 23.7% were denied (Florida: 21.1%). Median rate on closed loans 6.63%; median loan $195,000; median property value $285,000.

427Applications
23.7%Denial ratestate 21.1%
6.63%Median ratestate 6.63%
$195,000Median loan
$285,000Median property value

Largest lenders in Glades County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 United Shore Financial Services B 4229 11.9%6.13%
2 21st Mortgage F 388 29.0%9.36%
3 First Bank F 2510 28.0%
4 Suncoast Credit Union C 1910 31.6%7.50%
5 Crosscountry Mortgage B 167 0.0%6.75%
6 Rocket Mortgage C 168 43.8%7.25%
7 Mortgage Research Center C 145 21.4%6.63%
8 American Pacific Mortgage C 119 18.2%5.99%
9 Broker Solutions D 92 11.1%6.88%
10 Coastal Loans B 97 11.1%5.63%
11 Triad Financial Services D 92 55.6%8.45%
12 Pennymac Loan Services C 84 12.5%6.31%
13 AmeriSave Mortgage D 70 85.7%
14 Truist Bank C 61 50.0%5.75%
15 Carrington Mortgage Services D 60 66.7%
16 Midflorida C 63 33.3%4.99%
17 Newrez D 65 0.0%6.75%
18 New Day Financial F 52 20.0%6.74%
19 Spring Eq D 51 20.0%9.75%
20 Navy Federal Credit Union D 51 0.0%8.35%

What Glades County borrowers applied for

By loan purpose

Home purchase 227 53% · 17.6% denied
Refinance 52 12% · 21.2% denied
Cash-out refinance 83 19% · 30.1% denied
Home improvement 25 6% · 48.0% denied
Other / HELOC 40 9% · 32.5% denied

By loan type

Conventional 252 59% · 27.8% denied
FHA 107 25% · 21.5% denied
VA 65 15% · 12.3% denied
USDA / RHS 3 1% · 0.0% denied

Why applications were denied

Debt-to-income ratio 25 27%
Credit history 24 26%
Collateral 19 20%
Incomplete application 12 13%
Other 7 7%
Insufficient cash 3 3%
Employment history 2 2%
Unverifiable information 2 2%

Glades County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202337816728.8%7.00%$185,000
202441917625.5%6.75%$205,000
202542719323.7%6.63%$195,000

Frequently asked questions

23.7% of applications in Glades County were denied in 2025, against 21.1% statewide in Florida.

United Shore Financial Services, with 42 applications in 2025 and a denial rate of 11.9%.

The median mortgage application in Glades County in 2025 was for $195,000; the median property value on originated loans was $285,000.