Florida Mortgage Lending
1,816 lenders reporting under HMDA
Statewide mortgage activity. Lenders filed 1,045,456 HMDA-reported mortgage applications in Florida in 2024, originating 474,589 loans and denying 207,396. That puts the statewide denial rate at 19.8% and the approval (origination) rate at 45.4%. The average loan amount across Florida was $326,258 at an average note rate of 7.05%. 1,816 distinct institutions, banks, credit unions, and independent mortgage companies, filed HMDA data covering activity in the state. Applications span 67 counties and 26 metropolitan areas.
What drives state-level differences. State mortgage denial rates reflect applicant mix more than lender stance. Credit profiles, loan-to-value ratios, debt-to-income, property type, and rural-versus-urban composition all move the number before any lender policy does. Demographic lending data reported under HMDA shows variation across applicant groups, for example, White applicants had an approval rate of 53.9% and denial rate of 21.2%; while Black or African American applicants had an approval rate of 44.6% and denial rate of 28.8%. These are derived race categories as reported by applicants and do not by themselves prove causation; credit score, income, and loan-to-value are not reported in HMDA and drive much of the underlying variation. Top counties by volume include Miami-Dade County, Broward County, Hillsborough County.
How to read this page. These are aggregate 2024 HMDA disclosures published by the Consumer Financial Protection Bureau, a federal transparency dataset, not a real-time market feed. A state-level number is useful for context but cannot tell you what rate, fees, or underwriting any individual lender will offer a specific borrower. This page is informational data reporting, not financial, legal, or mortgage advice. Shop at least three lenders, compare Loan Estimates line-by-line, and consult a licensed mortgage professional before applying. Data reflects the CFPB HMDA 2024 Snapshot National Loan-Level Dataset; demographic fields reflect derived categories as reported by applicants.
Nearby Lenders in Florida
Top HMDA-reporting lenders active in Florida. Compare any two side-by-side for rates, denial rates, and loan mix.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | United Wholesale Mortgage | 47,648 | 10.0% |
| 2 | Rocket Mortgage | 29,670 | 6.3% |
| 3 | DHI Mortgage Company, LTD. | 13,481 | 2.8% |
| 4 | Lennar Mortgage, LLC | 10,908 | 2.3% |
| 5 | Crosscountry Mortgage, LLC | 9,917 | 2.1% |
Lending by Race in Florida
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 595,027 | 53.9% | 21.2% |
| Black or African American | 89,988 | 44.6% | 28.8% |
| Asian | 33,501 | 52.3% | 19.8% |
| Joint | 16,617 | 56.7% | 19.5% |
| American Indian or Alaska Native | 5,036 | 42.6% | 29.9% |
| 2 or more minority races | 2,328 | 42.5% | 32.3% |
| Native Hawaiian or Other Pacific Islander | 1,955 | 41.1% | 32.0% |
Counties in Florida
| County | Applications | Originated | Denial Rate | Avg Loan |
|---|---|---|---|---|
| Miami-Dade County | 82,352 | 33,574 | 25.4% | $467,642 |
| Broward County | 76,983 | 31,647 | 24.8% | $382,699 |
| Hillsborough County | 64,054 | 29,702 | 19.6% | $319,484 |
| Palm Beach County | 60,302 | 26,347 | 22.6% | $412,067 |
| Orange County | 53,790 | 24,102 | 21.0% | $333,646 |
| Polk County | 47,187 | 20,886 | 20.1% | $253,225 |
| Lee County | 46,398 | 22,135 | 18.6% | $304,842 |
| Duval County | 46,258 | 20,898 | 18.7% | $262,778 |
| Pasco County | 40,422 | 19,228 | 16.4% | $283,093 |
| Pinellas County | 40,355 | 18,808 | 20.0% | $315,175 |
| Brevard County | 35,876 | 16,897 | 17.2% | $268,735 |
| Volusia County | 30,695 | 14,202 | 19.3% | $255,820 |
| Osceola County | 27,431 | 12,284 | 20.0% | $314,583 |
| Marion County | 26,785 | 12,350 | 19.2% | $229,544 |
| Manatee County | 24,873 | 12,380 | 16.5% | $342,957 |
| St. Lucie County | 24,640 | 10,702 | 20.1% | $277,474 |
| Lake County | 24,585 | 11,664 | 17.1% | $285,265 |
| Sarasota County | 24,015 | 11,608 | 17.6% | $351,864 |
| St. Johns County | 21,955 | 10,882 | 13.6% | $373,297 |
| Seminole County | 19,322 | 9,102 | 19.0% | $296,112 |
| Collier County | 18,392 | 9,009 | 19.2% | $455,640 |
| Escambia County | 14,944 | 7,035 | 17.1% | $249,751 |
| Charlotte County | 14,656 | 6,979 | 17.4% | $316,336 |
| Hernando County | 13,661 | 6,400 | 18.5% | $242,111 |
| Clay County | 12,485 | 5,886 | 16.9% | $255,488 |
| Santa Rosa County | 12,173 | 5,958 | 14.7% | $284,204 |
| Bay County | 11,626 | 5,614 | 18.2% | $318,343 |
| Okaloosa County | 11,146 | 5,607 | 14.8% | $322,747 |
| Citrus County | 9,779 | 4,587 | 18.1% | $253,422 |
| Leon County | 9,601 | 4,426 | 17.1% | $337,005 |
| Flagler County | 9,179 | 4,303 | 17.4% | $282,995 |
| Alachua County | 9,038 | 4,229 | 18.9% | $248,205 |
| Indian River County | 8,187 | 3,794 | 19.2% | $284,173 |
| Walton County | 7,236 | 3,615 | 16.8% | $556,978 |
| Sumter County | 7,151 | 4,274 | 11.9% | $281,932 |
| Martin County | 6,758 | 3,231 | 19.0% | $424,374 |
| Nassau County | 5,785 | 2,882 | 15.9% | $317,920 |
| Highlands County | 4,845 | 2,218 | 20.4% | $212,851 |
| Monroe County | 3,120 | 1,482 | 21.3% | $661,413 |
| Putnam County | 3,114 | 1,210 | 24.4% | $177,771 |
| Columbia County | 2,546 | 1,059 | 22.6% | $194,026 |
| Levy County | 2,450 | 948 | 26.2% | $188,233 |
| Hendry County | 2,238 | 839 | 26.1% | $223,454 |
| Wakulla County | 2,062 | 951 | 14.7% | $205,262 |
| Okeechobee County | 1,630 | 639 | 25.3% | $217,626 |
| Suwannee County | 1,578 | 575 | 29.9% | $178,967 |
| Jackson County | 1,521 | 562 | 30.0% | $162,705 |
| Gadsden County | 1,516 | 503 | 28.5% | $176,761 |
| Washington County | 1,171 | 504 | 23.9% | $171,089 |
| DeSoto County | 1,101 | 439 | 24.6% | $194,519 |
| Bradford County | 1,065 | 436 | 23.9% | $186,502 |
| Gulf County | 958 | 438 | 18.7% | $404,885 |
| Baker County | 957 | 436 | 18.1% | $235,293 |
| Gilchrist County | 845 | 343 | 23.2% | $189,296 |
| Hardee County | 669 | 296 | 20.6% | $190,531 |
| Franklin County | 664 | 276 | 18.7% | $340,602 |
| Taylor County | 584 | 209 | 24.1% | $164,829 |
| Jefferson County | 579 | 202 | 30.9% | $205,190 |
| Holmes County | 564 | 218 | 24.6% | $152,535 |
| Madison County | 563 | 196 | 28.8% | $173,224 |
| Dixie County | 497 | 169 | 25.6% | $163,089 |
| Glades County | 463 | 176 | 23.1% | $231,220 |
| Hamilton County | 413 | 159 | 27.6% | $181,005 |
| Union County | 386 | 154 | 24.1% | $189,352 |
| Calhoun County | 359 | 140 | 28.7% | $167,340 |
| Liberty County | 186 | 62 | 24.2% | $148,280 |
| Lafayette County | 143 | 64 | 23.8% | $181,713 |
Metro Areas in Florida
Frequently Asked Questions
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Mortgage Lending Guides
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. State geography per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Demographic data reflects derived categories as reported by applicants. Provided for informational purposes only.
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 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.