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Lake County, Florida · 2025

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

605 lenders acted on 21,560 mortgage applications for properties in Lake County in 2025. 19.3% were denied (Florida: 21.1%). Median rate on closed loans 6.50%; median loan $265,000; median property value $405,000.

22kApplications
19.3%Denial ratestate 21.1%
6.50%Median ratestate 6.63%
$265,000Median loan
$405,000Median property value

Largest lenders in Lake County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 United Shore Financial Services B 1,4321,043 13.8%6.38%
2 Rocket Mortgage C 1,151784 19.7%6.63%
3 Pennymac Loan Services C 518251 10.0%6.50%
4 Lennar Mortgage A 510381 20.2%4.63%
5 Crosscountry Mortgage B 436272 4.6%6.75%
6 Truist Bank C 406194 37.0%6.69%
7 Bank of America F 403135 38.2%6.38%
8 Fairwinds Credit Union D 396181 32.6%7.00%
9 Dhi Mortgage Company B 389258 13.9%4.99%
10 Navy Federal Credit Union D 369177 24.9%7.75%
11 Mortgage Research Center C 367136 23.2%6.25%
12 Newrez D 364127 20.3%6.63%
13 Loandepot.Com D 357220 23.0%6.13%
14 Freedom Mortgage B 333159 7.5%6.25%
15 Kbhs Home Loans B 316193 13.0%5.99%
16 Spring Eq D 30996 53.1%8.93%
17 Broker Solutions D 296110 10.5%6.88%
18 NFM A 275224 4.7%4.99%
19 Coastal Community Bank C 27062 2.2%10.49%
20 Citizens First Bank B 268190 9.7%6.95%
21 21st Mortgage F 25453 45.7%9.37%
22 Pulte Mortgage A 239131 18.8%6.13%
23 Movement Mortgage A 237175 2.5%6.63%
24 Guild Mortgage A 233178 4.7%5.99%
25 First Heritage Mortgage A 217183 3.7%4.99%

Best approval odds in Lake County

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

#LenderDecidedDecision denial rate
1Mortgage Financial Group711.4%
2Movement Mortgage2082.9%
3Coastal Community Bank1823.3%
4Rmc Home Mortgage593.4%
5Ixonia Bank533.8%
6First Heritage Mortgage1924.2%
7AMWEST Funding874.6%
8Fairway Independent Mortgage595.1%
9Zillow Home Loans595.1%
10Guild Mortgage2085.3%

What Lake County borrowers applied for

By loan purpose

Home purchase 11,448 53% · 12.6% denied
Refinance 2,421 11% · 19.9% denied
Cash-out refinance 3,512 16% · 23.0% denied
Home improvement 1,601 7% · 32.6% denied
Other / HELOC 2,578 12% · 34.7% denied

By loan type

Conventional 14,822 69% · 20.6% denied
FHA 4,404 20% · 17.3% denied
VA 2,276 11% · 14.0% denied
USDA / RHS 58 0% · 22.4% denied

Why applications were denied

Debt-to-income ratio 1,550 38%
Credit history 866 21%
Incomplete application 590 14%
Collateral 477 12%
Other 299 7%
Unverifiable information 193 5%
Insufficient cash 108 3%
Employment history 37 1%

Lake County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202321,57011,98219.8%6.75%$255,000
202420,93611,69220.1%6.75%$255,000
202521,56011,85519.3%6.50%$265,000

Frequently asked questions

19.3% of applications in Lake County were denied in 2025, against 21.1% statewide in Florida.

United Shore Financial Services, with 1,432 applications in 2025 and a denial rate of 13.8%.

The median mortgage application in Lake County in 2025 was for $265,000; the median property value on originated loans was $405,000.