Lee County, Florida · 2025

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

888 lenders acted on 40,904 mortgage applications for properties in Lee County in 2025. 19.3% were denied (Florida: 21.1%). Median rate on closed loans 6.63%; median loan $275,000; median property value $375,000.

41kApplications
19.3%Denial ratestate 21.1%
6.63%Median ratestate 6.63%
$275,000Median loan
$375,000Median property value

Largest lenders in Lee County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 United Shore Financial Services B 3,2412,301 15.7%6.38%
2 Suncoast Credit Union C 2,5821,656 19.6%7.50%
3 Rocket Mortgage C 2,2381,510 22.4%6.63%
4 Lennar Mortgage A 1,403870 29.6%5.63%
5 Crosscountry Mortgage B 1,086701 4.4%6.75%
6 Loandepot.Com D 1,077700 19.9%6.38%
7 Pennymac Loan Services C 952467 15.4%6.50%
8 Fifth Third Bank D 862356 35.4%7.49%
9 Bank of America F 774245 37.9%6.24%
10 Dhi Mortgage Company B 711453 11.8%5.13%
11 Lake Michigan Credit Union A 672444 12.7%6.62%
12 Pulte Mortgage A 663472 11.2%5.88%
13 Newrez D 650198 22.8%6.75%
14 Broker Solutions D 583291 8.2%6.88%
15 Freedom Mortgage B 560238 12.7%6.25%
16 Third Federal Savings and Loan Association of Cleveland C 553276 31.8%6.99%
17 American Pacific Mortgage C 540437 7.8%6.63%
18 Mortgage Research Center C 445196 17.8%6.25%
19 Coastal Community Bank C 44180 0.9%9.49%
20 Truist Bank C 438166 47.7%6.66%
21 JPMorgan Chase Bank B 400242 11.8%6.63%
22 Paramount Residential Mortgage Group B 396288 4.6%6.63%
23 Spring Eq D 39375 58.3%8.83%
24 Lakeview Loan Servicing C 38355 55.6%6.63%
25 Regions Bank C 382134 46.3%4.99%

Best approval odds in Lee County

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

What Lee County borrowers applied for

By loan purpose

Home purchase 21,947 54% · 12.5% denied
Refinance 4,965 12% · 21.9% denied
Cash-out refinance 5,897 14% · 26.2% denied
Home improvement 3,245 8% · 31.9% denied
Other / HELOC 4,850 12% · 31.2% denied

By loan type

Conventional 29,535 72% · 19.9% denied
FHA 8,981 22% · 18.3% denied
VA 2,377 6% · 15.9% denied
USDA / RHS 11 0% · 9.1% denied

Why applications were denied

Debt-to-income ratio 2,923 37%
Credit history 1,393 18%
Collateral 1,116 14%
Incomplete application 1,084 14%
Other 639 8%
Unverifiable information 407 5%
Insufficient cash 257 3%
Employment history 74 1%

Lee County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202339,19421,10322.2%6.95%$265,000
202440,36722,22821.4%6.88%$275,000
202540,90423,13819.3%6.63%$275,000

Frequently asked questions

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

United Shore Financial Services, with 3,241 applications in 2025 and a denial rate of 15.7%.

The median mortgage application in Lee County in 2025 was for $275,000; the median property value on originated loans was $375,000.