Lenders › Pennymac Loan Services LLC › Florida
Pennymac Loan Services 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.
Pennymac Loan Services LLC's 2024 HMDA record for Florida covers 13,702 applications, 6,064 of them originated, worth $2.0bn.
Its denial rate in the state was 25.9%, below the Florida rate of 29.0% across all lenders and compared with the lender's national rate of 20.6%.
The median rate spread on its Florida originations was 0.5 percentage points (state median 0.3).
Applications in the state were up 20% on 2023.
Compared with the state and the lender's national record
| Measure | In Florida | Florida, all lenders | Pennymac Loan Services LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 25.9% | 29.0% | 20.6% | 24.3% |
| Median rate spread, pp | 0.5 | 0.3 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 24.1% | 16.4% | 20.4% | 15.6% |
| Average originated loan | $326k | $359k | $337k | $329k |
| Home purchase share | 50.4% | 62.9% | 41.8% | 57.0% |
| FHA-insured share | 24.7% | 17.7% | 22.4% | 13.4% |
| VA-guaranteed share | 13.4% | 9.5% | 22.3% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateFlorida, all lenders
Loan purpose and loan type in Florida
By purpose
Home purchase 50% (3,055)Refinancing 14% (871)Cash-out refinancing 15% (924)Other purpose 20% (1,214)
By type
Conventional 62% (3,749)FHA 25% (1,500)VA 13% (815)
Denial reasons as coded
Share of 2,201 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 | 1,286 | 504 | $223m | 35.3% |
| Broward County | 1,176 | 471 | $186m | 31.7% |
| Hillsborough County | 894 | 382 | $130m | 24.8% |
| Palm Beach County | 818 | 337 | $122m | 32.2% |
| Orange County | 695 | 320 | $99m | 24.0% |
| Lee County | 630 | 286 | $90m | 27.6% |
| Pinellas County | 559 | 278 | $98m | 22.6% |
| Pasco County | 549 | 261 | $76m | 18.4% |
| Polk County | 577 | 243 | $57m | 28.1% |
| Duval County | 533 | 229 | $71m | 25.4% |
| Sarasota County | 366 | 207 | $75m | 19.0% |
| Manatee County | 378 | 200 | $66m | 21.7% |
| Brevard County | 458 | 192 | $56m | 21.6% |
| Volusia County | 411 | 180 | $47m | 23.3% |
| Marion County | 324 | 162 | $39m | 20.2% |
| Lake County | 326 | 141 | $38m | 24.2% |
| Osceola County | 349 | 137 | $41m | 29.9% |
| St. Lucie County | 334 | 136 | $37m | 22.8% |
| Seminole County | 271 | 129 | $38m | 24.9% |
| Charlotte County | 210 | 123 | $36m | 19.8% |
| St. Johns County | 226 | 110 | $42m | 19.9% |
| Collier County | 250 | 105 | $44m | 33.1% |
| Santa Rosa County | 168 | 94 | $25m | 8.6% |
| Okaloosa County | 162 | 80 | $26m | 20.0% |
| Clay County | 177 | 75 | $20m | 14.7% |
| Flagler County | 127 | 75 | $22m | 17.5% |
| Hernando County | 162 | 74 | $22m | 27.2% |
| Escambia County | 156 | 59 | $17m | 24.1% |
| Alachua County | 110 | 49 | $14m | 31.2% |
| Citrus County | 105 | 46 | $11m | 20.0% |
| Sumter County | 78 | 39 | $8.9m | 16.3% |
| Bay County | 101 | 37 | $10m | 19.6% |
| Indian River County | 85 | 34 | $8.2m | 30.0% |
| Nassau County | 80 | 34 | $12m | 23.4% |
| Martin County | 84 | 32 | $10m | 36.4% |
| Walton County | 66 | 32 | $13m | 22.7% |
| Leon County | 54 | 31 | $6.8m | 17.5% |
| Highlands County | 55 | 20 | $3.4m | 33.3% |
| Monroe County | 53 | 16 | $8.9m | 41.9% |
| Columbia County | 32 | 13 | $3.2m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Pennymac Loan Services LLC originate in Florida in 2024?
6,064 loans totalling $2.0bn, from 13,702 applications reported for properties in Florida.
What is Pennymac Loan Services LLC's denial rate in Florida?
25.9% of decided applications in Florida were denied, against 29.0% for all lenders in the state and 20.6% 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 Pennymac Loan Services LLC lend in most?
By originations: Miami-Dade County (504), Broward County (471), Hillsborough County (382), Palm Beach County (337), Orange County (320).
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.