Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Polk County, Florida
Every institution that decided a 1–4 unit mortgage application in Polk County, home to Lakeland, between 2023 and 2025: 83,066 applications, 57,790 loans actually funded, across 8 kinds of borrowing.
Polk County at a glance
83,066Applications decided
2023–2025
57,790Loans funded
70% of decisions
174Census tracts
32 ZIP codes
760,961People
ACS 2023
What the data shows
Lenders approved 79.4% of home-purchase applications in Polk County, 4.3 points below the Florida rate.
The typical purchase mortgage here is $295K.
Investment home improvement is the hardest money to get here: lenders approved 46% of 382 applications.
Lending by loan type in Polk County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 79.4% | 49,832 | $295K | 97% | 664 |
| Home improvement loans | 46.3% | 7,370 | $55K | 91% | 164 |
| Cash-out refinance | 59.2% | 10,113 | $195K | 93% | 303 |
| Refinance | 65.6% | 5,797 | $285K | 89% | 289 |
| Investment property purchase | 83.0% | 7,746 | $245K | 96% | 491 |
| Investment cash-out refinance | 71.0% | 1,177 | $205K | 90% | 188 |
| Investment refinance | 69.8% | 649 | $185K | 87% | 165 |
| Investment home improvement | 45.8% | 382 | $125K | 91% | 68 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.