Midflorida mortgage approval rate & lending review
Midflorida decided 16,054 mortgage applications and funded 8,206 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Midflorida reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Midflorida at a glance
Approval is 19.6 points below the 72.0% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 59% | 2,362 / 3,985 | 98% | $275K | 2,313 |
| Home improvement loans | 46% | 3,723 / 8,095 | 97% | $55K | 3,623 |
| Cash-out refinance | 51% | 282 / 554 | 98% | $175K | 275 |
| Refinance | 59% | 1,639 / 2,777 | 98% | $85K | 1,598 |
| Investment property purchase | 75% | 291 / 386 | 95% | $225K | 277 |
| Investment cash-out refinance | 45% | 25 / 56 | 92% | $125K | 23 |
| Investment refinance | 65% | 43 / 66 | 93% | $125K | 40 |
| Investment home improvement | 44% | 60 / 135 | 95% | $115K | 57 |
Midflorida lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Florida | 53% | $85K | 15,993 | 8,192 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Midflorida lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Polk County, FL | Home improvement loans | 49% | 2,553 | 1,229 |
| Polk County, FL | Mortgage lenders | 65% | 1,173 | 753 |
| Polk County, FL | Refinance | 63% | 846 | 526 |
| Hillsborough County, FL | Home improvement loans | 47% | 787 | 359 |
| Pinellas County, FL | Home improvement loans | 48% | 674 | 319 |
| St. Lucie County, FL | Home improvement loans | 37% | 750 | 268 |
| Hillsborough County, FL | Mortgage lenders | 59% | 365 | 211 |
| Highlands County, FL | Home improvement loans | 48% | 449 | 207 |
| Pasco County, FL | Home improvement loans | 52% | 410 | 201 |
| Hillsborough County, FL | Refinance | 62% | 336 | 196 |
| Marion County, FL | Home improvement loans | 47% | 339 | 156 |
| Marion County, FL | Mortgage lenders | 56% | 285 | 153 |
The county markets where Midflorida made the most loans. Each link opens that market with every lender ranked.
Questions about Midflorida
What is Midflorida's mortgage approval rate?
Midflorida approved 52.5% of the 16,054 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 19.6 points below the 72.0% national rate for the same mix of loan types.
How often do borrowers take the loan Midflorida offers?
Borrowers accepted 97% of the loans Midflorida approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Midflorida make?
The typical home improvement loan loan Midflorida made was $55K; across all loan types its typical loan ran from $55K to $275K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Midflorida lend?
Midflorida decided applications in 21 of the states Fat Boy Data covers, most of them in Florida, North Carolina and Georgia.
Can I apply to Midflorida directly?
Yes. Midflorida is a bank or credit union with 69 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Midflorida's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Midflorida treats applications, then get a rate quote from the lender.