Florida Mortgage Lending in 2025
Explore residential mortgage lending activity in Florida using official HMDA public records. Review underwriting credit decisions, borrower demographics, regional metro markets, and the most active lenders.
State Profile
FL
301,023
Loans Originated
• 25 Metropolitan Areas
• $118.41 Billion Originated Volume
• $335,000 Median Loan
Actionable Applications
399,809
+1.39% vs 2024
Approval Rate
78.90%
-0.11 pp vs 2024
Denial Rate
21.10%
+0.11 pp vs 2024
Loan Originations
301,023
+1.39% vs 2024
Originated Volume
$118.41 Billion
+4.26% vs 2024
Credit Decision Outcomes (2025)
Outcomes for 399,809 actionable applications (Actions 1, 2, and 3).
Action 1: Originated
301,023
(75.29%)
Action 2: Approved not accepted
14,410
(3.60%)
Action 3: Denied
84,376
(21.10%)
Action 4: Withdrawn (not in denominator)
95,351
—
Action 5: Incomplete (not in denominator)
30,193
—
How to read this: Approval rate uses Actions 1, 2, and 3. Actions 4 and 5 are excluded from the credit decision denominator. Read the full methodology →
How Florida Compares
Key metrics: Florida vs. U.S. (2025)
| Metric | Florida | U.S. |
|---|---|---|
| Actionable Apps | 399,809 | 5,197,320 |
| Approval Rate | 78.90% | 82.12% |
| Denial Rate | 21.10% | 17.88% |
| Originations | 301,023 | 4,052,301 |
| Originated Volume | $118.41 Billion | $1.58 Trillion |
| Median Loan | $335,000 | $325,000 |
Lending Trends in Florida
Year-over-year shifts: 2025 vs. 2024
| Metric | 2024 | 2025 | Change |
|---|---|---|---|
| Consumer Universe | 515,435 | 525,353 | +1.92% |
| Actionable Apps | 394,333 | 399,809 | +1.39% |
| Originations | 296,903 | 301,023 | +1.39% |
| Approval Rate | 79.01% | 78.90% | -0.11 pp |
| Denial Rate | 20.99% | 21.10% | +0.11 pp |
| Median Loan | $335,000 | $335,000 | 0.00% |
| Dollar Volume | $113.57 Billion | $118.41 Billion | +4.26% |
Applications by Borrower Income (Florida)
Approval and denial rates across gross annual income tiers (2025)
| Income Bracket | Apps | Approval % | Denial % |
|---|---|---|---|
| $100k–$149,999 | 94,252 | 84.38% | 15.62% |
| $150k+ | 105,062 | 87.56% | 12.44% |
| $50k–$99,999 | 140,446 | 76.98% | 23.02% |
| <$50k | 34,167 | 47.29% | 52.71% |
| Income unavailable/entity | 25,882 | 75.87% | 24.13% |
Gross annual borrower income relied upon during credit underwriting. Descriptive figures only; does not establish causation.
Metropolitan Areas in Florida
Top metropolitan areas ranked by total actionable applications
| Metropolitan Area | Apps | Originations | Approval % |
|---|---|---|---|
| Orlando-Kissimmee-Sanford | 47,562 | 35,885 | 79.09% |
| Tampa | 47,547 | 36,617 | 80.69% |
| Jacksonville | 35,672 | 27,785 | 81.55% |
| Fort Lauderdale-Pompano Beach-Sunrise | 25,398 | 17,956 | 74.49% |
| Miami-Miami Beach-Kendall | 25,499 | 17,897 | 73.70% |
| West Palm Beach-Boca Raton-Delray Beach | 20,927 | 16,005 | 79.52% |
| Lakeland-Winter Haven | 19,480 | 13,835 | 74.41% |
| North Port-Bradenton-Sarasota | 18,763 | 14,938 | 82.72% |
| Cape Coral-Fort Myers | 18,112 | 13,975 | 80.12% |
| Deltona-Daytona Beach-Ormond Beach | 15,289 | 11,763 | 80.80% |
| Palm Bay-Melbourne-Titusville | 14,323 | 11,341 | 83.18% |
| St. Petersburg-Clearwater-Largo | 13,757 | 10,761 | 81.51% |
| Pensacola-Ferry Pass-Brent | 11,974 | 9,214 | 81.11% |
| Port St. Lucie | 12,091 | 9,081 | 78.64% |
| Ocala | 11,743 | 8,704 | 77.49% |
| Crestview-Fort Walton Beach-Destin | 7,377 | 5,688 | 81.52% |
| Tallahassee | 5,626 | 4,130 | 77.84% |
| Naples-Marco Island | 5,746 | 4,442 | 79.92% |
| Punta Gorda | 5,674 | 4,357 | 79.82% |
| Gainesville | 5,497 | 3,959 | 75.75% |
| Panama City-Panama City Beach | 5,425 | 3,982 | 77.51% |
| Homosassa Springs | 4,266 | 3,238 | 79.77% |
| Wildwood-The Villages | 4,309 | 3,740 | 88.91% |
| Sebastian-Vero Beach-West Vero Corridor | 3,292 | 2,494 | 79.37% |
| Sebring | 2,058 | 1,504 | 77.11% |
Top Mortgage Lenders by Action 1 Originations
Institutions ranked strictly by total originated loans in Florida (2025)
| Rank | Lending Institution | Originations | Approval % |
|---|---|---|---|
| 1 | United Wholesale Mortgage | 43,552 | 83.66% |
| 2 | ROCKET MORTGAGE | 20,643 | 76.59% |
| 3 | DHI Mortgage Company, LTD. | 10,795 | 82.91% |
| 4 | Lennar Mortgage, LLC | 9,202 | 76.83% |
| 5 | CROSSCOUNTRY MORTGAGE, LLC | 9,064 | 95.14% |
| 6 | PENNYMAC LOAN SERVICES LLC | 6,978 | 80.09% |
| 7 | Mortgage Research Center | 5,432 | 65.48% |
| 8 | FREEDOM MORTGAGE CORPORATION | 5,289 | 81.76% |
| 9 | loanDepot.com LLC | 4,810 | 72.29% |
| 10 | JPMorgan Chase Bank, NA | 4,533 | 82.48% |
Methodology
Learn how HMDA credit outcomes, action codes, and consumer filters are computed.
Read Methodology →State Directory
Compare mortgage lending patterns and approval rates across the 54 reporting states and territories.
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