Name of the lender

Innovations Financial Credit Union in FloridaMortgage rates, total loan costs and denial rate for homes in Florida, 2025

HMDA year2025

Head office: Panama City, FL
Reporting agency: National Credit Union Administration (NCUA)
Legal Entity Identifier (LEI)

Innovations Financial Credit Union reported 225 applications for homes in Florida in the HMDA data of 2025.

It originated 132 loans in the state in 2025, for $35.9 million in total.

The lender filed the interest rate as “Exempt” for all of its 132 loans originated in the state in 2025. This page shows no median interest rate.

This page shows no median total loan costs for Florida, because fewer than 20 loans report the amount.

It denied 19.0% of the applications that it decided in the state in 2025, and the state denial rate was 27.2%.

Filed figures of Innovations Financial Credit Union in Florida, 2025
Figure	In FL	Lender, all states	FL, all lenders
Applications	225	228	931,897
Loans originated	132	134	491,046
Median interest rate	n/a	n/a	6.375%
Median total loan costs	n/a	n/a	$8,247
Denial rate	19.0%	18.8%	27.2%

HMDA data are generally not used alone 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.
The words of the Consumer Financial Protection Bureau (CFPB). Source: Consumer Financial Protection Bureau, Summary of 2023 Data on Mortgage Lending (11 July 2024), copied on 2 Oct 2026. The figures on this page are from the HMDA data of 2025, the snapshot dataset.

PricingMedians of 2025 loans in FL

Median interest rate in FLExempt

The lender filed the interest rate as “Exempt” for all of its 132 loans originated in 2025.

A lender with a partial exemption can file “Exempt” in place of the interest rate, the total loan costs and some other fields. The glossary has the rule.

If a financial institution is eligible for a partial exemption for a specific transaction, then the financial institution is not required to collect, record, or report certain data points for the transaction.
Source: CFPB, A Beginner’s Guide to Accessing and Using Home Mortgage Disclosure Act Data (June 2022), copied on 2 Oct 2026.

Medians are for originated closed-end loans with a first lien. Reverse mortgages, open-end lines of credit and loans for a business purpose are not in the medians. A median needs 20 loans.

Action taken and loan types

Records in Florida by the action taken
Action taken	Records	Share
1Loan originated	132	58.7%
2Application approved but not accepted	0	0.0%
3Application denied	31	13.8%
4Application withdrawn by applicant	62	27.6%
5File closed for incompleteness	0	0.0%
6Purchased loan	0	0.0%
7Preapproval request denied	0	0.0%
8Preapproval request approved but not accepted	0	0.0%

Applications in Florida by loan type
Loan type	Applications	Loans originated	Denial rate
Conventional	225	132	19.0%

Counties in Florida

Counties of Innovations Financial Credit Union in Florida with 25 applications or more, 2025In order of the names.
County	Applications	Loans originated	Amount	Denial rate
Bay County	143	90	$28.3 million	16.7%
Washington County	37	20	$2.6 million	n/a

Figures by year

Innovations Financial Credit Union in Florida by HMDA year"n/a" shows a year with fewer than 25 applications in the state.
Year	Applications	Loans originated	Amount	Median interest rate	Median total loan costs	Denial rate
2025	225	132	$35.9 million	n/a	n/a	19.0%
2024	258	169	$44.7 million	n/a	n/a	16.7%
2023	181	145	$30.9 million	n/a	n/a	9.9%
2022	246	193	$42.5 million	n/a	n/a	10.6%

Official channelsLinks checked 2 Oct 2026

HMDA Data Browser (FFIEC and CFPB)The HMDA records of this lender in this state, with a CSV download.
Submit a complaint (Consumer Financial Protection Bureau)The CFPB form for a complaint about a mortgage or a lender.

Cite this page

Page: Lender Register, "Innovations Financial Credit Union in Florida, 2025", https://lenderregister.com/lender/5493002p2p2won3w9p39-innovations-financial-credit-union/fl/
Source: Federal Financial Institutions Examination Council and Consumer Financial Protection Bureau, Home Mortgage Disclosure Act data, 2025
Data date: HMDA year 2025. Page made 2 Oct 2026.

Provenance

The figures come from the public HMDA loan/application register of 2022 to 2025. They are the records of this LEI for homes in Florida. This site withholds a figure with fewer than 25 applications. Method of the figures. Terms. Report an error.

Questions

What share of the loans of Innovations Financial Credit Union were in Florida in 2025?: 132 of its loans originated, out of 134 in all states. That is 98.5%.
In which counties of Florida did Innovations Financial Credit Union originate the most loans in 2025?: The three with the most loans were Bay County (90) and Washington County (20).
Which loan types did Innovations Financial Credit Union originate in Florida in 2025?: All its loans in the state were of one type: 132 conventional.
How did the applications of Innovations Financial Credit Union in Florida change from 2022 to 2025?: It reported 246 applications in 2022 and 225 in 2025.