Martin County, FL: mortgage lenders, denial rate and originations, 2024

States › Florida › Martin County

HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.

Lenders reported 6,057 mortgage applications in Martin County, Florida, for 2024, and originated 3,235 loans worth $1.7bn.

That is 47.7 originations per 1,000 households, against 54.4 for Florida and 48.0 nationally.

The county's denial rate was 27.2%, close to the state rate of 29.0%. The median rate spread on originated loans was 0.4 percentage points and 18.2% of originations were 1.5 points or more above the average prime offer rate.

52 lenders reached 25 applications in the county; the most active by originations were United Wholesale Mortgage (302), Rocket Mortgage (205) and Seacoast National Bank (161).

Originations were about level with 2023.

6,057applications, 2024

3,235loans originated$1.7bn

27.2%denial rateFL 29.0% · US 24.3%

47.7originations per 1,000 householdsFL 54.4 · US 48.0

Most active lenders

#	Lender	Applications	Originations	Amount	Denial rate	Median spread
1	United Wholesale Mortgage	406	302	$124m	11.5%	—
2	Rocket Mortgage	295	205	$57m	19.9%	—
3	Seacoast National Bank	284	161	$35m	35.0%	—
4	Crosscountry Mortgage, LLC	253	153	$69m	2.5%	—
5	Loandepot.com, LLC	157	110	$35m	20.1%	—
6	Bank of America NA	248	91	$42m	43.8%	—
7	DHI Mortgage Company, LTD.	115	85	$39m	11.5%	—
8	TD Bank	134	66	$22m	38.3%	—
9	Third Federal Savings and Loan	123	61	$7.5m	38.7%	—
10	Midflorida Credit Union	123	58	$13m	47.3%	—
11	PNC Bank N.A.	131	54	$10m	42.3%	—
12	Everett Financial, Inc.	63	52	$16m	5.5%	—
13	Truist Bank	129	51	$14m	52.3%	—
14	JPMorgan Chase Bank, NA	81	50	$46m	20.0%	—
15	Flagstar Bank NA	65	44	$17m	30.2%	—
16	The Mortgage Firm	56	41	$16m	4.2%	—
17	Newrez LLC	102	37	$14m	30.2%	—
18	Navy Federal Credit Union	81	37	$11m	28.3%	—
19	SouthState Bank, N.A.	64	34	$11m	33.3%	—
20	Planet Home Lending, LLC	50	34	$11m	32.0%	—
21	Freedom Mortgage Corporation	68	33	$12m	18.6%	—
22	Space Coast Credit Union	60	33	$6.2m	24.0%	—
23	Primelending	45	33	$9.8m	7.9%	—
24	Pennymac Loan Services LLC	84	32	$10m	36.4%	—
25	A&D Mortgage LLC	46	28	$15m	9.1%	—
26	Acopia, LLC	41	26	$7.0m	6.9%	—
27	Coastal Community Bank	83	25	$1.6m	0.0%	—
28	Spring Eq, LLC	80	25	$2.8m	61.5%	—
29	Pulte Mortgage LLC	41	25	$24m	7.4%	—
30	Fairway Independent Mort Corp	38	24	$9.3m	17.2%	—
31	Ithink Financial Credit Union	35	24	$12m	25.0%	—
32	Figure Lending LLC	72	23	$2.0m	45.3%	—
33	CBNA Year to Date	52	23	$16m	41.9%	—
34	Velocity Community Federal Credit Union	36	23	$2.4m	32.4%	—
35	Wells Fargo Bank NA	66	22	$7.2m	42.1%	—
36	Fifth Third Bank, National Association	38	22	$13m	17.9%	—
37	Capital Partners Mortgage Services, LLC	28	22	$6.7m	—	—
38	Nationstar Mortgage	34	21	$5.3m	19.2%	—
39	Kind Lending, LLC	27	21	$8.5m	19.2%	—
40	Guaranteed Rate, Inc.	44	20	$7.6m	14.8%	—

Lenders with at least 25 applications in the county, by originations; up to 40 shown of 52. Denial rate is denials over decided applications in this county.

Compared with Florida and the nation

Measure	This county	Florida	United States
Denial rate	27.2%	29.0%	24.3%
Median rate spread, pp	0.4	0.3	0.3
Originations with spread of 1.5 pp or more	18.2%	16.4%	15.6%
Average originated loan	$519k	$359k	$329k
Originations per 1,000 households	47.7	54.4	48.0
Home purchase share of originations	58.0%	62.9%	57.0%
FHA-insured share	8.9%	17.7%	13.4%
VA-guaranteed share	4.9%	9.5%	7.9%

Rate spread distribution

Below 0 pp28.5%

0 to 0.5 pp25.3%

0.5 to 1 pp18.6%

1 to 1.5 pp9.4%

1.5 to 3 pp11%

3 or more pp7.2%

Share of 2,979 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: Florida). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.

Loan purpose and loan type

By purpose

Home purchase 58% (1,877)Home improvement 12% (391)Refinancing 8% (244)Cash-out refinancing 12% (403)Other purpose 10% (320)

By type

Conventional 86% (2,789)FHA 9% (287)VA 5% (159)

Trend by year

ApplicationsOriginations

Applications and originations in Martin County, 2022–2024

This countyFlorida

Denial rate by year, state rate dashed

Questions and answers

Which lenders are most active in Martin County, FL?

By 2024 originations: United Wholesale Mortgage (302), Rocket Mortgage (205), Seacoast National Bank (161), Crosscountry Mortgage, LLC (153), Loandepot.com, LLC (110). 52 lenders had at least 25 applications in the county.

What is the mortgage denial rate in Martin County?

27.2% of decided applications were denied in 2024, against 29.0% across Florida and 24.3% nationally.

How many mortgages were originated in Martin County in 2024?

3,235 loans totalling $1.7bn, from 6,057 applications; 47.7 originations per 1,000 households.

Where does this data come from?

From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 12085; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.