Lenders › Magnolia Bank › Florida
Magnolia Bank 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.
Magnolia Bank's 2024 HMDA record for Florida covers 209 applications, 128 of them originated, worth $48m.
Its denial rate in the state was 16.2%, below the Florida rate of 29.0% across all lenders and compared with the lender's national rate of 9.3%.
The median rate spread on its Florida originations was -0.1 percentage points (state median 0.3).
Applications in the state were up 190% on 2023.
Compared with the state and the lender's national record
| Measure | In Florida | Florida, all lenders | Magnolia Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 16.2% | 29.0% | 9.3% | 24.3% |
| Median rate spread, pp | -0.1 | 0.3 | 0.1 | 0.3 |
| Originations with spread of 1.5 pp or more | 0.0% | 16.4% | 1.2% | 15.6% |
| Average originated loan | $374k | $359k | $292k | $329k |
| Home purchase share | 26.6% | 62.9% | 62.7% | 57.0% |
| FHA-insured share | 7.0% | 17.7% | 16.6% | 13.4% |
| VA-guaranteed share | 62.5% | 9.5% | 31.6% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateFlorida, all lenders
Loan purpose and loan type in Florida
By purpose
Home purchase 27% (34)Home improvement 1% (1)Refinancing 8% (10)Cash-out refinancing 63% (80)Other purpose 2% (3)
By type
Conventional 30% (39)FHA 7% (9)VA 63% (80)
Denial reasons as coded
Share of 25 denials in Florida by first denial reason coded (outlined bar: all lenders in the state).
Counties in Florida
No county in the state reaches 25 applications.
Questions and answers
How many mortgages did Magnolia Bank originate in Florida in 2024?
128 loans totalling $48m, from 209 applications reported for properties in Florida.
What is Magnolia Bank's denial rate in Florida?
16.2% of decided applications in Florida were denied, against 29.0% for all lenders in the state and 9.3% 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 Magnolia Bank lend in most?
No county in the state reaches 25 applications.
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.