St. Petersburg-Clearwater-Largo
Metropolitan Statistical Area · MSA Code 41304
According to CFPB HMDA 2024 application volume among tracked metros, St. Petersburg-Clearwater-Largo ranks #71 of 418.
Mortgage lending activity in the St. Petersburg-Clearwater-Largo metro area based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this geography during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Metro-area mortgage activity. The St. Petersburg-Clearwater-Largo Metropolitan Statistical Area (MSA code 41304) recorded 40,359 HMDA-reported mortgage applications in 2024. Lenders originated 18,812 of those and denied others at a rate of 20.0%, for an approval (origination) rate of 46.6%. The average loan amount across the MSA was $316,977 at an average note rate of 7.39%. 20 major lenders are tracked for this metro - United Wholesale Mortgage, Rocket Mortgage, Regions Bank lead by origination volume. Among the 418 metros tracked, St. Petersburg-Clearwater-Largo ranks #367 by denial rate (the 12th percentile for approval-friendliness), and shares its 5-point denial-rate band with 241 other tracked metros.
What MSA numbers tell you, and what they don't. Metro area boundaries are defined by the U.S. Office of Management and Budget and typically span multiple counties, so a single St. Petersburg-Clearwater-Largo denial rate averages across urban core, inner suburbs, and outer commuter communities with very different borrower profiles. A 20.0% denial rate at the MSA level can coexist with widely varying individual-lender denial rates; $316,977 average loan size reflects the MSA's property values and the borrower pool that actually applied, not any single neighborhood. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in St. Petersburg-Clearwater-Largo
In St. Petersburg-Clearwater-Largo, lead originator United Wholesale Mortgage funded 9.5% of 18,812 originated loans, in the middle tercile of U.S. metros (~8.7-12.8% top-1). The top three reporters together hold 19.1% of the book; a local credit union or regional bank still sits beside the national wholesalers.
Metros With a Similar Denial Rate
The metro areas closest to St. Petersburg-Clearwater-Largo's 20.0% denial rate among all 418 tracked MSAs.
Metros With Similar Application Volume
Nationwide MSAs nearest to St. Petersburg-Clearwater-Largo's 40,359 HMDA applications (deduped against the denial-rate neighbourhood).
Metros With a Similar Average Loan
Nationwide MSAs nearest to St. Petersburg-Clearwater-Largo's $316,977 average loan (deduped against denial and volume peers).
Lenders active in the St. Petersburg-Clearwater-Largo metro
United Wholesale Mortgage funded 1,783 of the 18,812 loans originated here, 9.5% of the metro. 20 reporting lenders follow.
| # | Lender | Originated | Applications | Avg Loan | Market Share |
|---|---|---|---|---|---|
| 1 | United Wholesale Mortgage | 1,783 | 2,568 | $368,123 | 9.5% |
| 2 | Rocket Mortgage | 1,274 | 1,819 | $282,433 | 6.8% |
| 3 | Regions Bank | 537 | 1,332 | $207,410 | 2.9% |
| 4 | Crosscountry Mortgage, LLC | 516 | 805 | $402,019 | 2.7% |
| 5 | Third Federal Savings and Loan | 476 | 906 | $120,132 | 2.5% |
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. Metropolitan Statistical Areas defined by the U.S. Office of Management and Budget (OMB).
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only; does not constitute financial advice for St. Petersburg-Clearwater-Largo borrowers.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This St. Petersburg-Clearwater-Largo page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.