Largest lenders in Madison County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | 21st Mortgage | F | 148 | 17 | 60.8% | 10.94% |
| 2 | Rocket Mortgage | C | 33 | 24 | 6.1% | 6.50% |
| 3 | United Shore Financial Services | B | 31 | 21 | 6.5% | 6.50% |
| 4 | Vanderbilt Mortgage and Finance | F | 31 | 3 | 41.9% | 8.99% |
| 5 | Triad Financial Services | D | 23 | 3 | 47.8% | 8.53% |
| 6 | Mortgage Research Center | C | 16 | 5 | 31.3% | 6.50% |
| 7 | Capital City Home Loans | C | 14 | 12 | 7.1% | 7.38% |
| 8 | Navy Federal Credit Union | D | 12 | 5 | 16.7% | 6.75% |
| 9 | Loandepot.Com | D | 11 | 7 | 0.0% | 6.88% |
| 10 | Credit Human Federal Credit Union | D | 9 | 0 | 88.9% | — |
| 11 | Bank of America | F | 8 | 2 | 37.5% | 6.12% |
| 12 | Broker Solutions | D | 8 | 3 | 0.0% | 7.25% |
| 13 | Crosscountry Mortgage | B | 7 | 2 | 14.3% | 5.97% |
| 14 | Homexpress Mortgage | C | 7 | 5 | 14.3% | 9.13% |
| 15 | Wells Fargo Bank | B | 6 | 3 | 0.0% | 6.50% |
| 16 | New Day Financial | F | 6 | 0 | 0.0% | — |
| 17 | Carrington Mortgage Services | D | 6 | 1 | 50.0% | 12.65% |
| 18 | Freedom Mortgage | B | 6 | 2 | 0.0% | 6.25% |
| 19 | American Financial Network | C | 6 | 3 | 0.0% | 6.75% |
| 20 | Midflorida | C | 5 | 0 | 80.0% | — |
| 21 | Newrez | D | 5 | 1 | 40.0% | 5.75% |
| 22 | Vystar Credit Union | D | 5 | 1 | 60.0% | 7.25% |
Best approval odds in Madison County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | 21st Mortgage | 111 | 81.1% |
What Madison County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Madison County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 464 | 165 | 36.0% | 7.13% | $145,000 |
| 2024 | 520 | 196 | 31.2% | 7.00% | $155,000 |
| 2025 | 585 | 208 | 31.5% | 6.75% | $145,000 |
Frequently asked questions
31.5% of applications in Madison County were denied in 2025, against 21.1% statewide in Florida.
21st Mortgage, with 148 applications in 2025 and a denial rate of 60.8%.
The median mortgage application in Madison County in 2025 was for $145,000; the median property value on originated loans was $235,000.