Lenders › New American Funding, LLC. › Florida
New American Funding, LLC. 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.
New American Funding, LLC.'s 2024 HMDA record for Florida covers 10,564 applications, 4,139 of them originated, worth $1.2bn.
Its denial rate in the state was 23.0%, below the Florida rate of 29.0% across all lenders and compared with the lender's national rate of 20.9%.
The median rate spread on its Florida originations was 0.7 percentage points (state median 0.3).
Applications in the state were up 42% on 2023.
Compared with the state and the lender's national record
| Measure | In Florida | Florida, all lenders | New American Funding, LLC., all states | United States |
|---|---|---|---|---|
| Denial rate | 23.0% | 29.0% | 20.9% | 24.3% |
| Median rate spread, pp | 0.7 | 0.3 | 0.7 | 0.3 |
| Originations with spread of 1.5 pp or more | 16.9% | 16.4% | 20.0% | 15.6% |
| Average originated loan | $287k | $359k | $282k | $329k |
| Home purchase share | 76.0% | 62.9% | 70.9% | 57.0% |
| FHA-insured share | 33.6% | 17.7% | 30.6% | 13.4% |
| VA-guaranteed share | 13.0% | 9.5% | 8.3% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateFlorida, all lenders
Loan purpose and loan type in Florida
By purpose
Home purchase 76% (3,147)Home improvement 3% (144)Refinancing 3% (120)Cash-out refinancing 12% (510)Other purpose 5% (218)
By type
Conventional 53% (2,208)FHA 34% (1,389)VA 13% (540)USDA 0% (2)
Denial reasons as coded
Share of 1,269 denials in Florida by first denial reason coded (outlined bar: all lenders in the state).
Counties in Florida
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Okaloosa County | 557 | 392 | $116m | 5.5% |
| Polk County | 770 | 391 | $102m | 15.4% |
| Orange County | 775 | 315 | $105m | 20.6% |
| Lee County | 639 | 310 | $93m | 18.4% |
| Hillsborough County | 641 | 255 | $72m | 23.4% |
| Osceola County | 425 | 188 | $56m | 22.7% |
| Collier County | 290 | 137 | $48m | 19.1% |
| Pasco County | 358 | 128 | $31m | 28.8% |
| Volusia County | 344 | 128 | $30m | 22.7% |
| Marion County | 308 | 128 | $31m | 25.6% |
| Santa Rosa County | 224 | 126 | $37m | 9.1% |
| Broward County | 521 | 115 | $34m | 39.6% |
| Palm Beach County | 419 | 111 | $42m | 43.1% |
| Pinellas County | 314 | 106 | $29m | 24.0% |
| Duval County | 323 | 96 | $23m | 31.3% |
| Miami-Dade County | 479 | 90 | $32m | 47.3% |
| Sarasota County | 215 | 86 | $27m | 21.6% |
| Seminole County | 229 | 83 | $25m | 24.3% |
| Lake County | 247 | 80 | $27m | 25.9% |
| Manatee County | 187 | 79 | $25m | 18.8% |
| Escambia County | 171 | 75 | $17m | 21.9% |
| Brevard County | 269 | 68 | $18m | 33.0% |
| Walton County | 96 | 65 | $22m | 3.0% |
| Charlotte County | 151 | 64 | $17m | 25.8% |
| Bay County | 122 | 60 | $16m | 11.8% |
| Hernando County | 158 | 59 | $15m | 11.6% |
| St. Lucie County | 196 | 53 | $14m | 34.5% |
| St. Johns County | 114 | 35 | $15m | 23.9% |
| Clay County | 100 | 33 | $7.8m | 29.8% |
| Citrus County | 92 | 32 | $6.3m | 28.3% |
| Alachua County | 62 | 27 | $6.7m | 9.7% |
| Highlands County | 52 | 20 | $2.7m | — |
| Flagler County | 63 | 18 | $4.9m | 37.9% |
| Nassau County | 66 | 17 | $4.8m | 32.0% |
| Leon County | 60 | 16 | $3.3m | 36.0% |
| Putnam County | 32 | 13 | $3.0m | — |
| Indian River County | 61 | 12 | $2.2m | — |
| Columbia County | 46 | 12 | $2.8m | — |
| Sumter County | 43 | 12 | $2.7m | — |
| Suwannee County | 25 | 11 | $2.2m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did New American Funding, LLC. originate in Florida in 2024?
4,139 loans totalling $1.2bn, from 10,564 applications reported for properties in Florida.
What is New American Funding, LLC.'s denial rate in Florida?
23.0% of decided applications in Florida were denied, against 29.0% for all lenders in the state and 20.9% 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 New American Funding, LLC. lend in most?
By originations: Okaloosa County (392), Polk County (391), Orange County (315), Lee County (310), Hillsborough County (255).
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 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.