By the Wirly Editorial Team | AI-assisted, human-reviewed
Mortgage Refinancing in Florida
Real refinance data for Florida from federal sources, updated annually. See how your state compares to national averages.
Refinance Originations
35,347
2024 HMDA data
Avg Loan Amount
$514,234
National: $428,119
Denial Rate
34.96%
▼ Above national avg
Median Home Value
$325,000
U.S. Census Bureau
Source: HMDA 2024 via CFPB, U.S. Census Bureau ACS
Calculate your refinance savingsRefinance Trends in Florida
Originations by Year
Refinance originations in Florida by year. Source: HMDA via CFPB.
Loan Type Breakdown
Includes all refinance applications (originated, denied, and other outcomes). Source: HMDA via CFPB.
Home Price Trends in Florida
Source: FHFA House Price Index
Top Lenders in Florida
| # | Lender | HMDA Records | Avg Loan |
|---|---|---|---|
| 1 | United Shore Financial Services LLC | 68,422 | - |
| 2 | United Shore Financial Services LLC | 64,449 | - |
| 3 | United Wholesale Mortgage LLC | 62,759 | - |
| 4 | Rocket Mortgage LLC | 60,735 | - |
| 5 | Rocket Mortgage LLC | 43,256 | - |
| 6 | Bank Of America National Association | 42,951 | - |
| 7 | Pennymac Loan Services LLC | 38,368 | - |
| 8 | Rocket Mortgage LLC | 37,549 | - |
| 9 | Wells Fargo Bank National Association | 37,053 | - |
| 10 | Pennymac Loan Services LLC | 36,390 | - |
Ranked by total HMDA filings in the state (2024). Source: HMDA via CFPB.
Compare all lenders →How Florida Compares
| Metric | Florida | National Avg |
|---|---|---|
| Refinance Originations | 35,347 | 697,820 |
| Avg Loan Amount | $514,234 | $428,119 |
| Denial Rate | 34.96% | 24.2% |
Green indicates the state performs better than the national average. Red indicates worse. Source: HMDA 2024, U.S. Census Bureau.
Current Mortgage Rates
30-Year Fixed
6.51%
▲ 6.36% prev
15-Year Fixed
5.85%
▲ 5.71% prev
5/1 ARM
6.06%
▲ 5.95% prev
National average rates updated daily from FRED (Federal Reserve Bank of St. Louis). Your rate depends on your credit score, loan amount, and lender.
Get personalized rates →Frequently Asked Questions
How many people refinanced in Florida in 2024?
In 2024, there were 35,347 refinance originations in Florida, according to HMDA data reported to the CFPB.
What is the average refinance loan amount in Florida?
The average refinance loan amount in Florida was $514,234 in 2024. This reflects originated loans reported through HMDA.
What is the refinance denial rate in Florida?
The refinance denial rate in Florida was 34.96% in 2024. This is calculated from originated and denied applications reported to the CFPB.
What are the top refinance lenders in Florida?
The most active lenders in Florida by HMDA filing volume include United Shore Financial Services LLC, United Shore Financial Services LLC, United Wholesale Mortgage LLC. See the full list above for details.
Is it a good time to refinance in Florida?
Whether refinancing makes sense depends on your current rate, loan balance, and how long you plan to stay in your home. Use our refinance calculator and break-even calculator to estimate your potential savings based on current national rates.
Want a deeper analysis?
Read our full editorial guide on refinancing in Florida, including tips, regulations, and state programs.
Read the Florida Refinance GuideData sourced from HMDA (Home Mortgage Disclosure Act) via the CFPB and FRED (Federal Reserve Bank of St. Louis). Demographics from the U.S. Census Bureau American Community Survey. This page is for educational purposes only and does not constitute financial advice. Consult a licensed mortgage professional for personalized guidance.