Lenders › Newrez LLC › Florida
Newrez 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.
Newrez LLC's 2024 HMDA record for Florida covers 15,327 applications, 5,081 of them originated, worth $1.6bn.
Its denial rate in the state was 41.5%, above the Florida rate of 29.0% across all lenders and compared with the lender's national rate of 35.0%.
The median rate spread on its Florida originations was 0.5 percentage points (state median 0.3).
Applications in the state were up 40% on 2023.
Compared with the state and the lender's national record
| Measure | In Florida | Florida, all lenders | Newrez LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 41.5% | 29.0% | 35.0% | 24.3% |
| Median rate spread, pp | 0.5 | 0.3 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 21.0% | 16.4% | 20.7% | 15.6% |
| Average originated loan | $318k | $359k | $307k | $329k |
| Home purchase share | 59.1% | 62.9% | 51.0% | 57.0% |
| FHA-insured share | 20.1% | 17.7% | 18.4% | 13.4% |
| VA-guaranteed share | 15.2% | 9.5% | 16.4% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateFlorida, all lenders
Loan purpose and loan type in Florida
By purpose
Home purchase 59% (3,001)Home improvement 0% (4)Refinancing 9% (474)Cash-out refinancing 32% (1,601)Other purpose 0% (1)
By type
Conventional 65% (3,278)FHA 20% (1,019)VA 15% (771)USDA 0% (13)
Denial reasons as coded
Share of 3,664 denials in Florida by first denial reason coded (outlined bar: all lenders in the state).
Counties in Florida
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Hillsborough County | 1,165 | 420 | $140m | 37.9% |
| Miami-Dade County | 1,670 | 404 | $156m | 55.1% |
| Broward County | 1,443 | 361 | $124m | 55.3% |
| Pinellas County | 736 | 299 | $96m | 33.8% |
| Orange County | 834 | 283 | $88m | 40.3% |
| Palm Beach County | 963 | 244 | $80m | 51.8% |
| Polk County | 648 | 233 | $63m | 39.4% |
| Pasco County | 544 | 223 | $62m | 31.0% |
| Brevard County | 564 | 196 | $63m | 35.0% |
| Lee County | 515 | 193 | $64m | 35.3% |
| Volusia County | 434 | 163 | $43m | 32.8% |
| Manatee County | 371 | 154 | $56m | 31.3% |
| Marion County | 329 | 147 | $39m | 29.7% |
| Sarasota County | 382 | 142 | $46m | 32.7% |
| Osceola County | 427 | 139 | $48m | 45.2% |
| St. Lucie County | 416 | 119 | $33m | 45.0% |
| Duval County | 458 | 113 | $31m | 53.2% |
| Lake County | 268 | 100 | $32m | 35.5% |
| Seminole County | 271 | 85 | $28m | 42.6% |
| Hernando County | 211 | 84 | $24m | 28.8% |
| Charlotte County | 219 | 81 | $24m | 35.9% |
| Indian River County | 190 | 80 | $21m | 31.9% |
| Okaloosa County | 166 | 78 | $26m | 28.3% |
| Bay County | 182 | 70 | $22m | 37.7% |
| Collier County | 223 | 67 | $30m | 44.2% |
| St. Johns County | 147 | 63 | $26m | 28.9% |
| Escambia County | 167 | 62 | $15m | 32.6% |
| Santa Rosa County | 140 | 62 | $18m | 24.1% |
| Clay County | 140 | 45 | $11m | 40.0% |
| Citrus County | 113 | 45 | $9.7m | 30.3% |
| Flagler County | 117 | 40 | $12m | 41.2% |
| Martin County | 102 | 37 | $14m | 30.2% |
| Highlands County | 74 | 35 | $8.2m | 30.0% |
| Walton County | 85 | 22 | $7.7m | 44.2% |
| Alachua County | 84 | 22 | $4.9m | 50.0% |
| Monroe County | 42 | 18 | $12m | 31.0% |
| Nassau County | 53 | 17 | $5.9m | 39.3% |
| Leon County | 84 | 15 | $2.7m | 59.5% |
| Levy County | 38 | 14 | $3.7m | 46.2% |
| Putnam County | 32 | 11 | $2.6m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Newrez LLC originate in Florida in 2024?
5,081 loans totalling $1.6bn, from 15,327 applications reported for properties in Florida.
What is Newrez LLC's denial rate in Florida?
41.5% of decided applications in Florida were denied, against 29.0% for all lenders in the state and 35.0% 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 Newrez LLC lend in most?
By originations: Hillsborough County (420), Miami-Dade County (404), Broward County (361), Pinellas County (299), Orange County (283).
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.