Putnam County, Florida · 2025

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

253 lenders acted on 3,160 mortgage applications for properties in Putnam County in 2025. 26.4% were denied (Florida: 21.1%). Median rate on closed loans 6.75%; median loan $165,000; median property value $255,000.

3.2kApplications
26.4%Denial ratestate 21.1%
6.75%Median ratestate 6.63%
$165,000Median loan
$255,000Median property value

Largest lenders in Putnam County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 21st Mortgage F 30549 46.9%9.21%
2 Vystar Credit Union D 22480 42.4%6.81%
3 United Shore Financial Services B 205141 12.7%6.25%
4 Rocket Mortgage C 187114 28.9%6.81%
5 Vanderbilt Mortgage and Finance F 1628 51.2%8.37%
6 Crosscountry Mortgage B 15098 5.3%6.75%
7 Mortgage Research Center C 7633 25.0%6.25%
8 Broker Solutions D 7329 4.1%6.63%
9 Equity Prime Mortgage D 5938 5.1%6.63%
10 Triad Financial Services D 5813 48.3%8.67%
11 Union Home Mortgage B 5139 9.8%6.63%
12 Florida Credit Union D 4910 55.1%6.19%
13 Newrez D 4814 18.8%6.69%
14 Ameris Bank B 4530 13.3%6.75%
15 SouthState Bank B 4225 28.6%7.15%
16 Freedom Mortgage B 4013 5.0%6.38%
17 Pennymac Loan Services C 3919 7.7%6.25%
18 Navy Federal Credit Union D 3919 25.6%7.50%
19 AmeriSave Mortgage D 378 67.6%6.44%
20 Loandepot.Com D 3617 36.1%6.99%
21 Capital City Bank B 3116 35.5%6.99%
22 CMG Mortgage A 2910 20.7%6.94%
23 Guild Mortgage A 2918 3.5%6.56%
24 Guaranteed Rate B 2615 3.9%6.63%
25 Affordable Mortgage Advisors, LLC. B 2516 8.0%6.75%

Best approval odds in Putnam County

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

What Putnam County borrowers applied for

By loan purpose

Home purchase 1,703 54% · 22.6% denied
Refinance 333 11% · 18.6% denied
Cash-out refinance 575 18% · 26.3% denied
Home improvement 256 8% · 40.2% denied
Other / HELOC 293 9% · 45.1% denied

By loan type

Conventional 2,033 64% · 31.9% denied
FHA 696 22% · 17.4% denied
VA 408 13% · 14.0% denied
USDA / RHS 23 1% · 26.1% denied

Why applications were denied

Credit history 268 32%
Debt-to-income ratio 226 27%
Collateral 134 16%
Incomplete application 95 11%
Unverifiable information 50 6%
Other 45 5%
Insufficient cash 9 1%
Employment history 5 1%

Putnam County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,7201,15528.5%7.00%$155,000
20242,8021,21127.1%6.88%$155,000
20253,1601,39326.4%6.75%$165,000

Frequently asked questions

26.4% of applications in Putnam County were denied in 2025, against 21.1% statewide in Florida.

21st Mortgage, with 305 applications in 2025 and a denial rate of 46.9%.

The median mortgage application in Putnam County in 2025 was for $165,000; the median property value on originated loans was $255,000.