Polk County, Florida · 2025

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

641 lenders acted on 38,263 mortgage applications for properties in Polk County in 2025. 23.2% were denied (Florida: 21.1%). Median rate on closed loans 6.38%; median loan $245,000; median property value $325,000.

38kApplications
23.2%Denial ratestate 21.1%
6.38%Median ratestate 6.63%
$245,000Median loan
$325,000Median property value

Largest lenders in Polk County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 United Shore Financial Services B 2,8951,980 16.7%6.25%
2 Midflorida C 2,4481,160 36.7%6.49%
3 Rocket Mortgage C 1,6921,181 19.7%6.63%
4 Dhi Mortgage Company B 1,447919 21.5%4.99%
5 Lennar Mortgage A 1,326857 30.0%4.63%
6 Loandepot.Com D 1,100665 26.8%5.49%
7 Pennymac Loan Services C 782340 12.7%6.38%
8 Freedom Mortgage B 722305 11.5%6.25%
9 Newrez D 701205 23.3%6.63%
10 Crosscountry Mortgage B 678430 6.1%6.58%
11 Mortgage Research Center C 637242 25.6%6.25%
12 21st Mortgage F 59198 47.0%10.20%
13 Broker Solutions D 567224 9.5%6.63%
14 SouthState Bank B 534323 25.5%7.15%
15 Bank of America F 481109 53.2%6.49%
16 Navy Federal Credit Union D 474198 23.6%7.65%
17 Vanderbilt Mortgage and Finance F 474277 15.4%4.99%
18 Triad Financial Services D 44268 57.7%8.70%
19 Truist Bank C 428150 53.5%7.10%
20 Coastal Community Bank C 40999 2.9%10.24%
21 Lakeview Loan Servicing C 40773 54.8%6.63%
22 Taylor Morrison Home Funding A 395180 43.8%5.00%
23 Guaranteed Rate B 387211 10.1%6.04%
24 Suncoast Credit Union C 360214 27.5%7.25%
25 Kbhs Home Loans B 338206 16.3%5.98%

Best approval odds in Polk County

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

What Polk County borrowers applied for

By loan purpose

Home purchase 21,772 57% · 17.5% denied
Refinance 4,365 11% · 22.5% denied
Cash-out refinance 5,775 15% · 26.7% denied
Home improvement 2,687 7% · 40.0% denied
Other / HELOC 3,664 10% · 40.4% denied

By loan type

Conventional 22,101 58% · 25.9% denied
FHA 12,113 32% · 20.6% denied
VA 3,898 10% · 15.9% denied
USDA / RHS 151 0% · 25.2% denied

Why applications were denied

Debt-to-income ratio 3,176 36%
Credit history 2,275 26%
Incomplete application 1,015 11%
Collateral 1,006 11%
Other 565 6%
Unverifiable information 390 4%
Insufficient cash 273 3%
Employment history 138 2%
Mortgage insurance denied 2 0%

Polk County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202339,74420,66823.8%6.63%$235,000
202439,70220,93723.9%6.50%$245,000
202538,26320,11923.2%6.38%$245,000

Frequently asked questions

23.2% of applications in Polk County were denied in 2025, against 21.1% statewide in Florida.

United Shore Financial Services, with 2,895 applications in 2025 and a denial rate of 16.7%.

The median mortgage application in Polk County in 2025 was for $245,000; the median property value on originated loans was $325,000.