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Sarasota County, Florida · 2025

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

767 lenders acted on 22,191 mortgage applications for properties in Sarasota County in 2025. 18.5% were denied (Florida: 21.1%). Median rate on closed loans 6.63%; median loan $265,000; median property value $435,000.

22kApplications
18.5%Denial ratestate 21.1%
6.63%Median ratestate 6.63%
$265,000Median loan
$435,000Median property value

Largest lenders in Sarasota County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 United Shore Financial Services B 1,406976 16.1%6.50%
2 Rocket Mortgage C 1,077715 23.9%6.80%
3 Bank of America F 687265 31.6%6.24%
4 Suncoast Credit Union C 587374 18.6%7.25%
5 Pennymac Loan Services C 507274 14.4%6.50%
6 Taylor Morrison Home Funding A 498311 20.3%5.63%
7 Fifth Third Bank D 479214 29.7%7.65%
8 Loandepot.Com D 447287 21.9%6.13%
9 Truist Bank C 417211 34.5%6.59%
10 Third Federal Savings and Loan Association of Cleveland C 395204 32.4%6.99%
11 Newrez D 390150 17.4%6.81%
12 Achieva Credit Union C 359224 25.6%7.25%
13 Pulte Mortgage A 342265 7.0%5.50%
14 JPMorgan Chase Bank B 330198 13.9%6.50%
15 Crosscountry Mortgage B 317195 5.7%6.83%
16 Lennar Mortgage A 317215 11.4%6.63%
17 Regions Bank C 313141 40.3%5.88%
18 Mortgage Research Center C 268106 19.4%6.13%
19 Navy Federal Credit Union D 26496 28.8%7.25%
20 Neal Communities Funding B 255210 7.5%6.13%
21 Coastal Community Bank C 25246 2.8%9.99%
22 The Mortgage Firm B 220178 1.4%6.75%
23 Spring Eq D 21541 61.4%9.28%
24 Freedom Mortgage B 21277 10.4%6.25%
25 BayFirst National Bank C 205143 19.5%7.50%

Best approval odds in Sarasota County

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

#LenderDecidedDecision denial rate
1M/i Financial1190.8%
2The Mortgage Firm1961.5%
3Fbc Mortgage621.6%
4Morgan Stanley Private Bank521.9%
5Jmac Lending512.0%
6Northpointe Bank613.3%
7CMG Mortgage1313.8%
8Coastal Community Bank1534.6%
9Zillow Home Loans585.2%
10Cogent Bank506.0%

What Sarasota County borrowers applied for

By loan purpose

Home purchase 11,162 50% · 10.1% denied
Refinance 2,830 13% · 22.2% denied
Cash-out refinance 3,038 14% · 22.0% denied
Home improvement 2,225 10% · 32.6% denied
Other / HELOC 2,936 13% · 32.3% denied

By loan type

Conventional 18,208 82% · 18.8% denied
FHA 2,569 12% · 18.9% denied
VA 1,409 6% · 13.1% denied
USDA / RHS 5 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 1,612 39%
Collateral 679 17%
Credit history 602 15%
Incomplete application 525 13%
Other 331 8%
Unverifiable information 182 4%
Insufficient cash 105 3%
Employment history 46 1%

Sarasota County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202321,27611,64220.4%6.95%$265,000
202421,06511,65320.0%6.99%$265,000
202522,19112,53518.5%6.63%$265,000

Frequently asked questions

18.5% of applications in Sarasota County were denied in 2025, against 21.1% statewide in Florida.

United Shore Financial Services, with 1,406 applications in 2025 and a denial rate of 16.1%.

The median mortgage application in Sarasota County in 2025 was for $265,000; the median property value on originated loans was $435,000.