Washington County, Florida · 2025

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

150 lenders acted on 1,093 mortgage applications for properties in Washington County in 2025. 25.5% were denied (Florida: 21.1%). Median rate on closed loans 6.47%; median loan $185,000; median property value $245,000.

1.1kApplications
25.5%Denial ratestate 21.1%
6.47%Median ratestate 6.63%
$185,000Median loan
$245,000Median property value

Largest lenders in Washington County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 21st Mortgage F 14631 38.4%9.12%
2 Inspire Home Loans B 9361 17.2%4.88%
3 United Shore Financial Services B 5436 25.9%6.13%
4 Dhi Mortgage Company B 5231 25.0%5.18%
5 Rocket Mortgage C 5134 21.6%6.50%
6 Community South 482 22.9%6.44%
7 Mortgage Research Center C 4012 22.5%6.25%
8 Regions Bank C 3920 43.6%6.75%
9 Tyndall Federal Credit Union C 3824 18.4%6.33%
10 Innovations Financial Credit Union D 3720 10.8%
11 Vanderbilt Mortgage and Finance F 333 39.4%9.50%
12 CMG Mortgage A 2014 0.0%6.69%
13 Triad Financial Services D 201 60.0%7.48%
14 Broker Solutions D 187 11.1%7.00%
15 Crosscountry Mortgage B 1712 5.9%6.62%
16 First Federal Bank B 167 25.0%6.00%
17 Navy Federal Credit Union D 165 50.0%6.75%
18 Coastal Community Bank C 133 0.0%14.49%
19 Pennymac Loan Services C 115 27.3%5.88%
20 Freedom Mortgage B 114 18.2%6.50%
21 Newrez D 112 36.4%5.50%
22 Magnolia Bank C 109 0.0%6.25%
23 Southwest Stage Funding F 100 10.0%
24 AmeriSave Mortgage D 92 66.7%6.38%
25 Village Capital & Investment C 82 25.0%5.50%

Best approval odds in Washington County

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

#LenderDecidedDecision denial rate
1Inspire Home Loans8718.4%
2United Shore Financial Services5028.0%
321st Mortgage8764.4%

What Washington County borrowers applied for

By loan purpose

Home purchase 660 60% · 24.4% denied
Refinance 119 11% · 21.9% denied
Cash-out refinance 156 14% · 25.6% denied
Home improvement 62 6% · 32.3% denied
Other / HELOC 96 9% · 33.3% denied

By loan type

Conventional 668 61% · 29.0% denied
FHA 246 23% · 22.8% denied
VA 149 14% · 13.4% denied
USDA / RHS 30 3% · 30.0% denied

Why applications were denied

Debt-to-income ratio 87 32%
Credit history 85 31%
Other 31 11%
Collateral 29 11%
Incomplete application 19 7%
Unverifiable information 12 4%
Insufficient cash 10 4%
Employment history 3 1%

Washington County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202394236131.2%7.13%$155,000
20241,05150426.6%6.75%$165,000
20251,09348025.5%6.47%$185,000

Frequently asked questions

25.5% of applications in Washington County were denied in 2025, against 21.1% statewide in Florida.

21st Mortgage, with 146 applications in 2025 and a denial rate of 38.4%.

The median mortgage application in Washington County in 2025 was for $185,000; the median property value on originated loans was $245,000.