LENNAR MORTGAGE, LLC

MIAMI, FL

LENNAR MORTGAGE, LLC processed 75,233 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 55,530 loans with a 12.4% denial rate. Home Purchase was the primary loan purpose. Based in MIAMI, FL. The approval rate of 73.8% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. LENNAR MORTGAGE, LLC processed 75,233 HMDA-reported mortgage applications in 2024, originating 55,530 loans and denying 9,350 for a denial rate of 12.4% (applicants themselves withdrew 9,760 files before a decision). The average loan amount was $364,809 at a 5.365% average note rate, and applicants self-reported an average income of $40,000. The lender reports under LEI 549300H3IZO24NSOO931 from MIAMI, FL.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. LENNAR MORTGAGE, LLC's 73.8% origination rate tells you how often an application turned into funded money; the 12.4% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Unverifiable information, which together explain the majority of rejections. Most activity concentrated in Conventional loans (44,361 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

75,233
Applications
55,530
Originated
12.4%
Denial Rate
$364,809
Avg Loan Amount
Avg Interest Rate: 5.365% Avg Applicant Income: $40,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 44,361 33,727 3,751 $374,104
FHA 23,302 16,085 4,708 $339,231
VA 7,233 5,475 828 $395,224
USDA 337 243 63 $257,047

Top loan types — LENNAR MORTGAGE, LLC

Top loan types — LENNAR MORTGAGE, LLC Horizontal bar chart of the top 4 items by value (applications). Top loan types — LENNAR MORTGAGE, LLC Top 4 1. Conventional 44,361 2. FHA 23,302 3. VA 7,233 4. USDA 337 Top 5 loan types by application volume at LENNAR MORTGAGE, LLC (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for LENNAR MORTGAGE, LLC (LEI: 549300H3IZO24NSOO931) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
6,454
Credit history
1,398
Unverifiable information
1,347
Employment history
887
Insufficient cash
430
Other
403
Credit application incomplete
173
Collateral
42

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 75,167 55,509 $364,773
Refinancing 37 12 $384,730
Cash-out Refinancing 28 8 $431,786
Home Improvement 1 1 $455,000

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 34,670 76.3% 11.7%
Asian 13,571 74.9% 8.4%
Black or African American 7,772 66.1% 19.9%
Joint 2,534 75.6% 12.3%
American Indian or Alaska Native 1,391 66.5% 21.8%
2 or more minority races 667 64.8% 20.2%
Native Hawaiian or Other Pacific Islander 253 69.2% 18.2%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 43,131 76.3% 9.5%
Hispanic or Latino 18,783 69.0% 19.7%
Joint 4,624 74.8% 12.2%

Nearby Lenders in FL

Other HMDA-reporting lenders in FL with similar activity. Compare any two side-by-side.

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did LENNAR MORTGAGE, LLC process?
LENNAR MORTGAGE, LLC processed 75,233 mortgage applications in the 2023 HMDA reporting year. Of these, 55,530 were originated (approved and funded), 9,760 were withdrawn by the applicant, and 9,350 were denied.
What is LENNAR MORTGAGE, LLC's mortgage approval rate?
LENNAR MORTGAGE, LLC has an approval (origination) rate of 73.8%, meaning 73.8% of all applications resulted in a funded mortgage. The denial rate is 12.4%.
What is the average loan amount at LENNAR MORTGAGE, LLC?
The average mortgage loan amount at LENNAR MORTGAGE, LLC is $364,809. The average interest rate is 5.365%. The average applicant income is $40,000.
What are the most common reasons for mortgage denial at LENNAR MORTGAGE, LLC?
The most common reasons for mortgage denial at LENNAR MORTGAGE, LLC are: Debt-to-income ratio, Credit history, Unverifiable information. In total, 9,350 applications were denied out of 75,233 total applications.
What types of mortgage loans does LENNAR MORTGAGE, LLC offer?
LENNAR MORTGAGE, LLC processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 44,361 applications and an average loan amount of $374,104.
What loan purposes does LENNAR MORTGAGE, LLC serve?
LENNAR MORTGAGE, LLC serves the following loan purposes: Home Purchase (75,167 applications), Refinancing (37 applications), Cash-out Refinancing (28 applications), Home Improvement (1 applications). Home Purchase is the most common purpose.
Where is LENNAR MORTGAGE, LLC located?
LENNAR MORTGAGE, LLC is headquartered in MIAMI, FL. The lender is identified by LEI 549300H3IZO24NSOO931 in HMDA data.
How does LENNAR MORTGAGE, LLC compare in lending across racial demographics?
LENNAR MORTGAGE, LLC reports demographic lending data under HMDA requirements. White applicants have an approval rate of 76.3% and denial rate of 11.7%; Asian applicants have an approval rate of 74.9% and denial rate of 8.4%; Black or African American applicants have an approval rate of 66.1% and denial rate of 19.9%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.