Nassau County, Florida · 2025

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

342 lenders acted on 5,295 mortgage applications for properties in Nassau County in 2025. 17.5% were denied (Florida: 21.1%). Median rate on closed loans 6.58%; median loan $285,000; median property value $475,000.

5.3kApplications
17.5%Denial ratestate 21.1%
6.58%Median ratestate 6.63%
$285,000Median loan
$475,000Median property value

Largest lenders in Nassau County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 United Shore Financial Services B 341241 11.4%6.25%
2 Vystar Credit Union D 333164 33.9%6.88%
3 Rocket Mortgage C 323236 17.3%6.75%
4 Navy Federal Credit Union D 256121 15.6%7.50%
5 21st Mortgage F 16141 41.6%9.52%
6 Loandepot.Com D 15286 24.3%6.06%
7 Capital City Home Loans C 137104 0.7%6.63%
8 Mortgage Research Center C 13749 21.9%6.13%
9 Community First Credit Union of Flo D 12987 17.8%7.22%
10 Pennymac Loan Services C 11869 10.2%6.38%
11 Pulte Mortgage A 10986 5.5%6.13%
12 Regions Bank C 9163 16.5%6.25%
13 Bank of America F 8633 33.7%6.24%
14 Freedom Mortgage B 8137 9.9%6.25%
15 Inspire Home Loans B 8062 7.5%5.56%
16 Crosscountry Mortgage B 7543 6.7%6.75%
17 Broker Solutions D 7231 13.9%6.69%
18 Newrez D 6825 10.3%6.25%
19 PNC Bank D 6630 33.3%7.99%
20 Truist Bank C 6030 31.7%6.32%
21 First Federal Bank B 5938 11.9%6.63%
22 Union Home Mortgage B 5443 5.6%6.63%
23 Spring Eq D 5212 55.8%9.35%
24 Lakeview Loan Servicing C 528 59.6%5.69%
25 American Pacific Mortgage C 5038 4.0%6.25%

Best approval odds in Nassau County

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

What Nassau County borrowers applied for

By loan purpose

Home purchase 2,578 49% · 10.2% denied
Refinance 648 12% · 19.1% denied
Cash-out refinance 987 19% · 21.6% denied
Home improvement 412 8% · 25.7% denied
Other / HELOC 670 13% · 33.4% denied

By loan type

Conventional 3,610 68% · 19.0% denied
FHA 687 13% · 17.9% denied
VA 976 18% · 11.9% denied
USDA / RHS 22 0% · 27.3% denied

Why applications were denied

Debt-to-income ratio 299 32%
Credit history 238 26%
Incomplete application 134 14%
Collateral 131 14%
Other 59 6%
Unverifiable information 31 3%
Insufficient cash 30 3%
Employment history 6 1%

Nassau County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20235,3803,06418.7%6.62%$265,000
20245,0972,88518.0%6.75%$275,000
20255,2953,00617.5%6.58%$285,000

Frequently asked questions

17.5% of applications in Nassau County were denied in 2025, against 21.1% statewide in Florida.

United Shore Financial Services, with 341 applications in 2025 and a denial rate of 11.4%.

The median mortgage application in Nassau County in 2025 was for $285,000; the median property value on originated loans was $475,000.