Lenders › Network Capital Funding Corporation › Florida
Network Capital Funding Corporation 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.
In Florida, Network Capital Funding Corporation reported 1,822 applications and 154 originations for 2024, $52m in all.
Its denial rate in the state was 57.9%, above the Florida rate of 29.0% across all lenders and compared with the lender's national rate of 60.4%.
The median rate spread on its Florida originations was 0.1 percentage points (state median 0.3).
Applications in the state were down 44% on 2023.
Compared with the state and the lender's national record
| Measure | In Florida | Florida, all lenders | Network Capital Funding Corporation, all states | United States |
|---|---|---|---|---|
| Denial rate | 57.9% | 29.0% | 60.4% | 24.3% |
| Median rate spread, pp | 0.1 | 0.3 | 0.2 | 0.3 |
| Originations with spread of 1.5 pp or more | 2.1% | 16.4% | 5.3% | 15.6% |
| Average originated loan | $339k | $359k | $345k | $329k |
| Home purchase share | 5.2% | 62.9% | 5.5% | 57.0% |
| FHA-insured share | 24.7% | 17.7% | 22.3% | 13.4% |
| VA-guaranteed share | 29.2% | 9.5% | 19.4% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateFlorida, all lenders
Loan purpose and loan type in Florida
By purpose
Home purchase 5% (8)Refinancing 15% (23)Cash-out refinancing 80% (123)
By type
Conventional 46% (71)FHA 25% (38)VA 29% (45)
Denial reasons as coded
Share of 227 denials in Florida by first denial reason coded (outlined bar: all lenders in the state).
Counties in Florida
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Miami-Dade County | 216 | 22 | $8.0m | 51.1% |
| Palm Beach County | 155 | 12 | $4.6m | 55.2% |
| Pinellas County | 67 | 9 | $2.4m | — |
| Hillsborough County | 104 | 7 | $2.0m | 71.4% |
| Duval County | 57 | 7 | $2.0m | — |
| Lee County | 88 | 6 | $1.6m | — |
| Orange County | 86 | 6 | $2.0m | — |
| Brevard County | 60 | 6 | $1.2m | — |
| Volusia County | 55 | 6 | $1.7m | — |
| Broward County | 176 | 5 | $1.9m | 81.8% |
| Marion County | 45 | 5 | $1.3m | — |
| Pasco County | 68 | 4 | $1.6m | — |
| St. Lucie County | 51 | 4 | $1.3m | — |
| Polk County | 48 | 4 | $1.8m | — |
| Lake County | 32 | 4 | $1.5m | — |
| Sarasota County | 39 | 3 | $2.6m | — |
| Collier County | 41 | 2 | $1.6m | — |
| St. Johns County | 34 | 2 | $740k | — |
| Manatee County | 25 | 2 | $980k | — |
| Seminole County | 25 | 2 | $510k | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Network Capital Funding Corporation originate in Florida in 2024?
154 loans totalling $52m, from 1,822 applications reported for properties in Florida.
What is Network Capital Funding Corporation's denial rate in Florida?
57.9% of decided applications in Florida were denied, against 29.0% for all lenders in the state and 60.4% 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 Network Capital Funding Corporation lend in most?
By originations: Miami-Dade County (22), Palm Beach County (12), Pinellas County (9), Hillsborough County (7), Duval County (7).
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.