Suwannee County, Florida · 2025

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

174 lenders acted on 1,656 mortgage applications for properties in Suwannee County in 2025. 28.6% were denied (Florida: 21.1%). Median rate on closed loans 6.88%; median loan $170,000; median property value $265,000.

1.7kApplications
28.6%Denial ratestate 21.1%
6.88%Median ratestate 6.63%
$170,000Median loan
$265,000Median property value

Largest lenders in Suwannee County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 21st Mortgage F 33479 44.3%9.75%
2 United Shore Financial Services B 11589 4.4%6.50%
3 Rocket Mortgage C 10161 23.8%6.99%
4 Triad Financial Services D 8623 43.0%8.73%
5 First Federal Bank B 7143 16.9%6.50%
6 Vanderbilt Mortgage and Finance F 6412 21.9%9.63%
7 Florida Credit Union D 6010 41.7%6.44%
8 Vystar Credit Union D 5014 58.0%6.56%
9 Mortgage Research Center C 4425 15.9%6.75%
10 Union Home Mortgage B 3017 6.7%6.50%
11 Radiant Credit Union C 2911 55.2%6.13%
12 Credit Human Federal Credit Union D 264 73.1%8.25%
13 AmeriSave Mortgage D 235 69.6%6.13%
14 Crosscountry Mortgage B 237 0.0%6.50%
15 Newrez D 238 13.0%6.38%
16 Broker Solutions D 239 8.7%6.75%
17 Movement Mortgage A 2114 9.5%6.13%
18 Campus USA Credit Union C 209 25.0%6.63%
19 Navy Federal Credit Union D 2012 5.0%6.94%
20 Freedom Mortgage B 173 11.8%6.00%
21 American Pacific Mortgage C 1714 0.0%6.75%
22 TD Bank D 178 35.3%7.49%
23 Loandepot.Com D 157 33.3%7.13%
24 American Financial Network C 1310 7.7%6.19%
25 American Financial Resources B 139 0.0%6.75%

Best approval odds in Suwannee County

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

#LenderDecidedDecision denial rate
1United Shore Financial Services955.3%
2First Federal Bank5521.8%
3Rocket Mortgage8927.0%
4Triad Financial Services8643.0%
521st Mortgage23064.4%

What Suwannee County borrowers applied for

By loan purpose

Home purchase 969 59% · 26.5% denied
Refinance 149 9% · 20.1% denied
Cash-out refinance 298 18% · 25.8% denied
Home improvement 79 5% · 36.7% denied
Other / HELOC 161 10% · 49.7% denied

By loan type

Conventional 1,162 70% · 34.6% denied
FHA 280 17% · 16.8% denied
VA 207 13% · 11.1% denied
USDA / RHS 7 0% · 14.3% denied

Why applications were denied

Credit history 164 35%
Debt-to-income ratio 139 29%
Collateral 55 12%
Incomplete application 47 10%
Other 35 7%
Unverifiable information 13 3%
Insufficient cash 11 2%
Employment history 9 2%

Suwannee County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,40353333.5%7.00%$155,000
20241,46757532.1%7.12%$165,000
20251,65669028.6%6.88%$170,000

Frequently asked questions

28.6% of applications in Suwannee County were denied in 2025, against 21.1% statewide in Florida.

21st Mortgage, with 334 applications in 2025 and a denial rate of 44.3%.

The median mortgage application in Suwannee County in 2025 was for $170,000; the median property value on originated loans was $265,000.