Lenders › Mortgage Research Center › Florida
Mortgage Research Center in Florida
HMDA record for properties in Florida, calendar year 2024. National record · Florida overview
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.
Mortgage Research Center's 2024 HMDA record for Florida covers 11,814 applications, 5,035 of them originated, worth $1.8bn.
Its denial rate in the state was 29.4%, close to the Florida rate of 29.0% across all lenders and compared with the lender's national rate of 24.0%.
The median rate spread on its Florida originations was -0.2 percentage points (state median 0.3).
Applications in the state were up 7% on 2023.
Compared with the state and the lender's national record
| Measure | In Florida | Florida, all lenders | Mortgage Research Center, all states | United States |
|---|---|---|---|---|
| Denial rate | 29.4% | 29.0% | 24.0% | 24.3% |
| Median rate spread, pp | -0.2 | 0.3 | -0.1 | 0.3 |
| Originations with spread of 1.5 pp or more | 0.5% | 16.4% | 0.8% | 15.6% |
| Average originated loan | $348k | $359k | $315k | $329k |
| Home purchase share | 82.5% | 62.9% | 81.8% | 57.0% |
| FHA-insured share | 1.9% | 17.7% | 2.9% | 13.4% |
| VA-guaranteed share | 93.7% | 9.5% | 92.4% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateFlorida, all lenders
Loan purpose and loan type in Florida
By purpose
Home purchase 83% (4,155)Refinancing 13% (667)Cash-out refinancing 4% (213)
By type
Conventional 4% (222)FHA 2% (96)VA 94% (4,716)USDA 0% (1)
Denial reasons as coded
Share of 2,125 denials in Florida by first denial reason coded (outlined bar: all lenders in the state).
Counties in Florida
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Duval County | 912 | 442 | $135m | 24.4% |
| Hillsborough County | 686 | 286 | $116m | 30.1% |
| Brevard County | 624 | 284 | $104m | 24.5% |
| Marion County | 497 | 241 | $64m | 24.6% |
| Polk County | 526 | 233 | $74m | 32.0% |
| Pasco County | 475 | 213 | $77m | 27.9% |
| Escambia County | 421 | 192 | $54m | 27.8% |
| Volusia County | 416 | 181 | $57m | 30.5% |
| Lee County | 388 | 167 | $62m | 30.6% |
| Clay County | 339 | 165 | $57m | 23.5% |
| Pinellas County | 416 | 154 | $60m | 29.9% |
| Okaloosa County | 377 | 152 | $51m | 28.5% |
| Lake County | 298 | 139 | $48m | 25.8% |
| Orange County | 357 | 135 | $58m | 33.0% |
| Broward County | 401 | 133 | $58m | 36.3% |
| Citrus County | 261 | 124 | $35m | 25.6% |
| Hernando County | 234 | 122 | $39m | 22.5% |
| Santa Rosa County | 325 | 120 | $40m | 31.1% |
| Bay County | 257 | 116 | $37m | 28.2% |
| Palm Beach County | 309 | 94 | $40m | 39.9% |
| Miami-Dade County | 268 | 93 | $46m | 43.0% |
| Charlotte County | 206 | 87 | $28m | 23.3% |
| St. Lucie County | 227 | 83 | $31m | 38.8% |
| Osceola County | 220 | 81 | $33m | 39.1% |
| Seminole County | 172 | 74 | $30m | 30.8% |
| Sarasota County | 170 | 72 | $27m | 29.1% |
| St. Johns County | 209 | 70 | $33m | 38.1% |
| Manatee County | 187 | 67 | $30m | 37.7% |
| Flagler County | 140 | 64 | $23m | 16.7% |
| Leon County | 136 | 59 | $17m | 32.2% |
| Alachua County | 121 | 58 | $18m | 23.7% |
| Indian River County | 102 | 46 | $16m | 22.6% |
| Sumter County | 102 | 40 | $14m | 29.8% |
| Columbia County | 83 | 36 | $11m | 33.9% |
| Collier County | 86 | 35 | $17m | 28.0% |
| Wakulla County | 65 | 32 | $8.4m | 27.3% |
| Highlands County | 79 | 31 | $7.4m | 26.2% |
| Nassau County | 80 | 29 | $11m | 35.6% |
| Walton County | 72 | 28 | $10m | 21.6% |
| Levy County | 64 | 27 | $7.8m | 31.7% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Mortgage Research Center originate in Florida in 2024?
5,035 loans totalling $1.8bn, from 11,814 applications reported for properties in Florida.
What is Mortgage Research Center's denial rate in Florida?
29.4% of decided applications in Florida were denied, against 29.0% for all lenders in the state and 24.0% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Florida counties does Mortgage Research Center lend in most?
By originations: Duval County (442), Hillsborough County (286), Brevard County (284), Marion County (241), Polk County (233).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Florida. Built 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.