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

States › Florida › Okaloosa 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 9,681 mortgage applications in Okaloosa County, Florida, for 2024, and originated 5,604 loans worth $1.8bn.

That is 65.6 originations per 1,000 households, against 54.4 for Florida and 48.0 nationally.

The county's denial rate was 21.8%, below the state rate of 29.0%. The median rate spread on originated loans was -0.0 percentage points and 12.2% of originations were 1.5 points or more above the average prime offer rate.

75 lenders reached 25 applications in the county; the most active by originations were United Wholesale Mortgage (423), New American Funding, LLC. (392) and Rocket Mortgage (344).

Originations were about level with 2023.

9,681applications, 2024

5,604loans originated$1.8bn

21.8%denial rateFL 29.0% · US 24.3%

65.6originations per 1,000 householdsFL 54.4 · US 48.0

Most active lenders

#	Lender	Applications	Originations	Amount	Denial rate	Median spread
1	United Wholesale Mortgage	555	423	$156m	10.6%	—
2	New American Funding, LLC.	557	392	$116m	5.5%	—
3	Rocket Mortgage	455	344	$95m	17.1%	—
4	DHI Mortgage Company, LTD.	388	333	$109m	7.4%	—
5	Movement Mortgage, LLC	357	275	$92m	3.7%	—
6	Navy Federal Credit Union	398	185	$41m	33.9%	—
7	Eglin Federal Credit Union	223	175	$23m	5.3%	—
8	Mortgage Research Center	377	152	$51m	28.5%	—
9	University Bank	171	140	$47m	7.2%	—
10	Freedom Mortgage Corporation	235	128	$45m	14.5%	—
11	Waterstone Mortgage Corporation	149	117	$31m	7.9%	—
12	Regions Bank	269	110	$19m	47.2%	—
13	Pennymac Loan Services LLC	162	80	$26m	20.0%	—
14	Crosscountry Mortgage, LLC	126	79	$29m	1.2%	—
15	Newrez LLC	166	78	$26m	28.3%	—
16	Primelending	114	77	$27m	8.7%	—
17	Kiavi Funding, Inc.	94	72	$18m	6.3%	—
18	CMG Mortgage Inc	89	67	$28m	2.5%	—
19	Guaranteed Rate, Inc.	97	59	$22m	7.8%	—
20	Community Bank of Mississippi	79	59	$18m	7.1%	—
21	Bankplus	72	54	$23m	4.9%	—
22	Northpointe Bank	79	51	$20m	7.3%	—
23	Synovus Bank	77	50	$11m	22.9%	—
24	Figure Lending LLC	89	47	$3.6m	18.8%	—
25	Nationstar Mortgage	68	47	$11m	12.7%	—
26	DSLD Mortgage LLC	56	45	$17m	2.2%	—
27	Cadence Bank	58	43	$25m	12.0%	—
28	PNC Bank N.A.	74	39	$7.3m	37.9%	—
29	All In Credit Union	57	39	$5.2m	27.8%	—
30	Loandepot.com, LLC	71	37	$8.6m	35.1%	—
31	Bank of England	50	36	$13m	0.0%	—
32	Mortgage One of the South, Inc	47	36	$14m	7.3%	—
33	Usaa Bank	85	35	$15m	41.7%	—
34	The First Bank	48	34	$13m	25.5%	—
35	Trustmark National Bank	42	34	$14m	5.4%	—
36	FBC Mortgage, LLC	42	33	$12m	5.7%	—
37	Pentagon Federal Credit Unioin	63	32	$8.7m	39.6%	—
38	Guaranteed Rate Affinity, LLC	45	32	$12m	2.9%	—
39	Towne Mortgage Company	33	31	$11m	6.1%	—
40	American Pacific Mortgage Corporation	40	30	$9.8m	9.1%	—

Lenders with at least 25 applications in the county, by originations; up to 40 shown of 75. Denial rate is denials over decided applications in this county.

Compared with Florida and the nation

Measure	This county	Florida	United States
Denial rate	21.8%	29.0%	24.3%
Median rate spread, pp	-0.0	0.3	0.3
Originations with spread of 1.5 pp or more	12.2%	16.4%	15.6%
Average originated loan	$329k	$359k	$329k
Originations per 1,000 households	65.6	54.4	48.0
Home purchase share of originations	66.4%	62.9%	57.0%
FHA-insured share	9.4%	17.7%	13.4%
VA-guaranteed share	43.9%	9.5%	7.9%

Rate spread distribution

Below 0 pp52%

0 to 0.5 pp18.6%

0.5 to 1 pp11.5%

1 to 1.5 pp5.8%

1.5 to 3 pp6.5%

3 or more pp5.7%

Share of 4,824 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 66% (3,719)Home improvement 6% (343)Refinancing 10% (555)Cash-out refinancing 10% (573)Other purpose 7% (412)

By type

Conventional 47% (2,608)FHA 9% (527)VA 44% (2,460)USDA 0% (9)

Trend by year

ApplicationsOriginations

Applications and originations in Okaloosa County, 2022–2024

This countyFlorida

Denial rate by year, state rate dashed

Questions and answers

Which lenders are most active in Okaloosa County, FL?

By 2024 originations: United Wholesale Mortgage (423), New American Funding, LLC. (392), Rocket Mortgage (344), DHI Mortgage Company, LTD. (333), Movement Mortgage, LLC (275). 75 lenders had at least 25 applications in the county.

What is the mortgage denial rate in Okaloosa County?

21.8% of decided applications were denied in 2024, against 29.0% across Florida and 24.3% nationally.

How many mortgages were originated in Okaloosa County in 2024?

5,604 loans totalling $1.8bn, from 9,681 applications; 65.6 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 12091; 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.