Lenders › Flagstar Bank NA › Florida
Flagstar Bank NA 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.
Flagstar Bank NA's 2024 HMDA record for Florida covers 5,696 applications, 3,271 of them originated, worth $1.1bn.
Its denial rate in the state was 32.5%, above the Florida rate of 29.0% across all lenders and compared with the lender's national rate of 29.4%.
The median rate spread on its Florida originations was 0.4 percentage points (state median 0.3).
Applications in the state were about level with 2023.
Compared with the state and the lender's national record
| Measure | In Florida | Florida, all lenders | Flagstar Bank NA, all states | United States |
|---|---|---|---|---|
| Denial rate | 32.5% | 29.0% | 29.4% | 24.3% |
| Median rate spread, pp | 0.4 | 0.3 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 10.6% | 16.4% | 12.8% | 15.6% |
| Average originated loan | $343k | $359k | $303k | $329k |
| Home purchase share | 75.7% | 62.9% | 68.2% | 57.0% |
| FHA-insured share | 25.6% | 17.7% | 22.2% | 13.4% |
| VA-guaranteed share | 7.8% | 9.5% | 7.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateFlorida, all lenders
Loan purpose and loan type in Florida
By purpose
Home purchase 76% (2,477)Home improvement 1% (17)Refinancing 3% (108)Cash-out refinancing 18% (588)Other purpose 2% (81)
By type
Conventional 66% (2,175)FHA 26% (839)VA 8% (254)USDA 0% (3)
Denial reasons as coded
Share of 1,597 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 | 655 | 320 | $144m | 42.8% |
| Palm Beach County | 556 | 310 | $133m | 31.6% |
| Broward County | 562 | 294 | $111m | 36.8% |
| Lee County | 288 | 177 | $58m | 31.0% |
| Orange County | 277 | 173 | $58m | 30.7% |
| Duval County | 256 | 158 | $44m | 28.3% |
| Volusia County | 228 | 158 | $46m | 23.2% |
| Brevard County | 229 | 146 | $41m | 25.8% |
| St. Lucie County | 218 | 136 | $41m | 29.0% |
| Hillsborough County | 234 | 130 | $48m | 33.3% |
| Marion County | 163 | 104 | $25m | 26.1% |
| Polk County | 178 | 99 | $25m | 33.6% |
| Seminole County | 134 | 88 | $27m | 22.6% |
| Pinellas County | 152 | 79 | $23m | 39.2% |
| Collier County | 112 | 76 | $31m | 20.8% |
| Sarasota County | 116 | 65 | $22m | 37.4% |
| Pasco County | 114 | 57 | $16m | 41.4% |
| Lake County | 110 | 57 | $14m | 35.9% |
| Osceola County | 107 | 57 | $18m | 31.4% |
| St. Johns County | 90 | 52 | $21m | 25.4% |
| Clay County | 63 | 47 | $14m | 13.0% |
| Manatee County | 97 | 46 | $18m | 45.3% |
| Martin County | 65 | 44 | $17m | 30.2% |
| Citrus County | 70 | 41 | $9.2m | 28.3% |
| Indian River County | 62 | 36 | $20m | 29.4% |
| Charlotte County | 52 | 33 | $11m | 25.0% |
| Flagler County | 55 | 32 | $10m | 27.3% |
| Hernando County | 50 | 31 | $6.7m | 32.6% |
| Bay County | 43 | 23 | $6.3m | 37.8% |
| Monroe County | 36 | 21 | $9.4m | 36.4% |
| Escambia County | 32 | 21 | $5.5m | 16.0% |
| Alachua County | 26 | 17 | $3.8m | — |
| Okaloosa County | 28 | 14 | $5.1m | — |
| Highlands County | 25 | 14 | $3.2m | — |
| Santa Rosa County | 26 | 13 | $4.0m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Flagstar Bank NA originate in Florida in 2024?
3,271 loans totalling $1.1bn, from 5,696 applications reported for properties in Florida.
What is Flagstar Bank NA's denial rate in Florida?
32.5% of decided applications in Florida were denied, against 29.0% for all lenders in the state and 29.4% 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 Flagstar Bank NA lend in most?
By originations: Miami-Dade County (320), Palm Beach County (310), Broward County (294), Lee County (177), Orange County (173).
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.