Martin County, Florida · 2025

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

438 lenders acted on 6,809 mortgage applications for properties in Martin County in 2025. 18.6% were denied (Florida: 21.1%). Median rate on closed loans 6.75%; median loan $275,000; median property value $545,000.

6.8kApplications
18.6%Denial ratestate 21.1%
6.75%Median ratestate 6.63%
$275,000Median loan
$545,000Median property value

Largest lenders in Martin County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 United Shore Financial Services B 489348 10.2%6.55%
2 Rocket Mortgage C 308223 14.6%6.75%
3 Crosscountry Mortgage B 279195 2.2%6.88%
4 Seacoast National Bank D 246144 28.9%7.25%
5 Bank of America F 23985 29.3%5.99%
6 Pennymac Loan Services C 186112 14.5%6.59%
7 Pulte Mortgage A 153107 15.0%5.50%
8 Midflorida C 14768 39.5%6.06%
9 PNC Bank D 14168 34.0%7.62%
10 Truist Bank C 13457 44.0%6.34%
11 Mattamy Home Funding A 12895 8.6%5.75%
12 JPMorgan Chase Bank B 11867 11.9%6.49%
13 Newrez D 11843 15.3%6.75%
14 Loandepot.Com D 11177 12.6%5.25%
15 Spring Eq D 10527 50.5%8.65%
16 Third Federal Savings and Loan Association of Cleveland C 10048 35.0%6.99%
17 Navy Federal Credit Union D 10052 14.0%7.70%
18 TD Bank D 9752 24.7%7.74%
19 Dhi Mortgage Company B 9571 5.3%4.99%
20 Coastal Community Bank C 8821 1.1%9.99%
21 SouthState Bank B 8645 30.2%6.85%
22 Guaranteed Rate B 8545 16.5%6.88%
23 Space Coast Credit Union C 7845 23.1%5.75%
24 AmeriSave Mortgage D 7115 73.2%8.50%
25 21st Mortgage F 629 40.3%9.96%

Best approval odds in Martin County

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

What Martin County borrowers applied for

By loan purpose

Home purchase 3,107 46% · 10.0% denied
Refinance 741 11% · 22.8% denied
Cash-out refinance 1,119 16% · 20.6% denied
Home improvement 892 13% · 29.6% denied
Other / HELOC 950 14% · 30.8% denied

By loan type

Conventional 5,780 85% · 19.4% denied
FHA 654 10% · 16.7% denied
VA 373 5% · 10.2% denied
USDA / RHS 2 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 534 42%
Incomplete application 202 16%
Credit history 186 15%
Collateral 157 12%
Other 106 8%
Unverifiable information 37 3%
Insufficient cash 25 2%
Employment history 11 1%

Martin County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20236,0333,24321.3%6.99%$235,000
20246,0573,23521.2%6.99%$245,000
20256,8093,76118.6%6.75%$275,000

Frequently asked questions

18.6% of applications in Martin County were denied in 2025, against 21.1% statewide in Florida.

United Shore Financial Services, with 489 applications in 2025 and a denial rate of 10.2%.

The median mortgage application in Martin County in 2025 was for $275,000; the median property value on originated loans was $545,000.