Lenders › Discover Bank › Florida
Discover 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.
Discover Bank's 2024 HMDA record for Florida covers 21,132 applications, 2,560 of them originated, worth $237m.
Its denial rate in the state was 81.0%, above the Florida rate of 29.0% across all lenders and compared with the lender's national rate of 76.0%.
The median rate spread on its Florida originations was 2.3 percentage points (state median 0.3).
Applications in the state were down 6% on 2023.
Compared with the state and the lender's national record
| Measure | In Florida | Florida, all lenders | Discover Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 81.0% | 29.0% | 76.0% | 24.3% |
| Median rate spread, pp | 2.3 | 0.3 | 2.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 73.7% | 16.4% | 75.6% | 15.6% |
| Average originated loan | $92k | $359k | $90k | $329k |
| Home purchase share | 4.0% | 62.9% | 3.1% | 57.0% |
| FHA-insured share | 0.0% | 17.7% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 9.5% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateFlorida, all lenders
Loan purpose and loan type in Florida
By purpose
Home purchase 4% (103)Home improvement 32% (812)Refinancing 18% (458)Other purpose 46% (1,187)
By type
Conventional 100% (2,560)
Denial reasons as coded
Share of 11,202 denials in Florida by first denial reason coded (outlined bar: all lenders in the state).
Counties in Florida
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Broward County | 2,190 | 204 | $22m | 85.9% |
| Orange County | 1,353 | 204 | $20m | 77.0% |
| Miami-Dade County | 2,387 | 188 | $20m | 87.0% |
| Hillsborough County | 1,369 | 180 | $17m | 79.3% |
| Palm Beach County | 1,616 | 160 | $16m | 84.0% |
| Pinellas County | 865 | 108 | $9.1m | 78.8% |
| Pasco County | 814 | 102 | $8.7m | 80.7% |
| Polk County | 781 | 97 | $7.8m | 80.7% |
| Brevard County | 613 | 97 | $8.8m | 75.3% |
| Seminole County | 519 | 92 | $8.2m | 72.7% |
| Duval County | 658 | 89 | $7.7m | 79.2% |
| Lake County | 480 | 84 | $6.7m | 74.4% |
| Volusia County | 643 | 79 | $6.0m | 81.1% |
| Lee County | 786 | 77 | $7.6m | 83.9% |
| St. Johns County | 361 | 69 | $6.8m | 70.1% |
| Manatee County | 435 | 67 | $6.3m | 76.0% |
| Sarasota County | 472 | 59 | $5.3m | 80.7% |
| Osceola County | 467 | 57 | $4.8m | 82.5% |
| St. Lucie County | 479 | 55 | $4.3m | 83.5% |
| Marion County | 358 | 50 | $4.4m | 79.4% |
| Escambia County | 219 | 37 | $3.4m | 75.5% |
| Hernando County | 271 | 34 | $2.7m | 80.4% |
| Collier County | 370 | 32 | $2.9m | 85.7% |
| Charlotte County | 194 | 29 | $2.4m | 75.0% |
| Santa Rosa County | 182 | 29 | $2.5m | 75.4% |
| Indian River County | 172 | 26 | $2.5m | 76.4% |
| Clay County | 189 | 25 | $1.9m | 80.6% |
| Citrus County | 184 | 25 | $2.2m | 79.2% |
| Leon County | 185 | 23 | $2.3m | 78.3% |
| Alachua County | 154 | 21 | $2.2m | 79.0% |
| Martin County | 139 | 19 | $1.8m | 77.1% |
| Bay County | 127 | 18 | $1.7m | 79.5% |
| Okaloosa County | 142 | 16 | $1.5m | 81.4% |
| Flagler County | 187 | 15 | $1.3m | 87.5% |
| Walton County | 96 | 15 | $1.4m | 74.6% |
| Nassau County | 92 | 14 | $1.3m | 72.2% |
| Sumter County | 91 | 14 | $990k | 67.4% |
| Highlands County | 80 | 7 | $505k | 87.3% |
| Monroe County | 62 | 5 | $695k | 88.4% |
| Putnam County | 26 | 4 | $350k | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Discover Bank originate in Florida in 2024?
2,560 loans totalling $237m, from 21,132 applications reported for properties in Florida.
What is Discover Bank's denial rate in Florida?
81.0% of decided applications in Florida were denied, against 29.0% for all lenders in the state and 76.0% 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 Discover Bank lend in most?
By originations: Broward County (204), Orange County (204), Miami-Dade County (188), Hillsborough County (180), Palm Beach County (160).
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.