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Okaloosa County, Florida · 2025

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

480 lenders acted on 9,964 mortgage applications for properties in Okaloosa County in 2025. 15.7% were denied (Florida: 21.1%). Median rate on closed loans 6.25%; median loan $285,000; median property value $365,000.

10.0kApplications
15.7%Denial ratestate 21.1%
6.25%Median ratestate 6.63%
$285,000Median loan
$365,000Median property value

Largest lenders in Okaloosa County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 United Shore Financial Services B 690489 10.9%6.00%
2 Mortgage Research Center C 478187 20.9%6.13%
3 Rocket Mortgage C 456316 19.5%6.38%
4 Navy Federal Credit Union D 449194 20.5%6.56%
5 Crosscountry Mortgage B 422321 1.4%6.50%
6 Movement Mortgage A 321252 1.9%6.38%
7 Dhi Mortgage Company B 308246 9.4%4.99%
8 Regions Bank C 246103 39.4%4.99%
9 Broker Solutions D 23881 8.4%6.50%
10 Freedom Mortgage B 227111 2.6%6.13%
11 Pennymac Loan Services C 19595 10.8%6.13%
12 University Bank A 192154 3.7%6.25%
13 Newrez D 19186 13.6%6.25%
14 21st Mortgage F 18919 55.6%9.38%
15 Eglin Credit Union B 186148 8.1%—
16 Waterstone Mortgage C 156117 3.9%6.50%
17 Vanderbilt Mortgage and Finance F 12117 24.8%9.00%
18 Bank of America F 11427 38.6%6.49%
19 New Day Financial F 10525 19.1%6.88%
20 Carrington Mortgage Services D 10145 35.6%5.63%
21 AmeriSave Mortgage D 8815 63.6%7.75%
22 Primelending, a Plainscapital A 8861 11.4%6.25%
23 Lakeview Loan Servicing C 8622 47.7%5.63%
24 CMG Mortgage A 8468 2.4%5.88%
25 USAA Federal Savings Bank C 8336 27.7%6.38%

Best approval odds in Okaloosa County

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

#LenderDecidedDecision denial rate
1Ark-La-Tex Financial Services, LLC.510.0%
2Coastal Community Bank611.6%
3Towne Mortgage581.7%
4Crosscountry Mortgage3281.8%
5Trustmark National Bank502.0%
6Movement Mortgage2922.1%
7CMG Mortgage792.5%
8Community Bank of Mississippi732.7%
9Freedom Mortgage1434.2%
10University Bank1624.3%

What Okaloosa County borrowers applied for

By loan purpose

Home purchase 5,261 53% · 9.2% denied
Refinance 1,626 16% · 15.4% denied
Cash-out refinance 1,504 15% · 25.5% denied
Home improvement 686 7% · 28.6% denied
Other / HELOC 887 9% · 28.6% denied

By loan type

Conventional 5,123 51% · 20.8% denied
FHA 866 9% · 13.7% denied
VA 3,945 40% · 9.6% denied
USDA / RHS 30 0% · 16.7% denied

Why applications were denied

Debt-to-income ratio 429 28%
Credit history 340 22%
Collateral 241 16%
Incomplete application 237 15%
Other 185 12%
Unverifiable information 73 5%
Insufficient cash 29 2%
Employment history 11 1%

Okaloosa County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20239,6965,57817.0%6.50%$275,000
20249,6815,60417.1%6.50%$275,000
20259,9645,59615.7%6.25%$285,000

Frequently asked questions

15.7% of applications in Okaloosa County were denied in 2025, against 21.1% statewide in Florida.

United Shore Financial Services, with 690 applications in 2025 and a denial rate of 10.9%.

The median mortgage application in Okaloosa County in 2025 was for $285,000; the median property value on originated loans was $365,000.