Florida vs Texas: mortgage lending
In 2023, Texas had the lower mortgage denial rate of the two — 23.1% versus 23.6% in Florida, a gap of about 0.5 points. Florida originated about 384,863 loans and Texas about 421,653. By loan type, Florida was 75.3% conventional / 16.3% FHA / 8.2% VA, versus 72.2% / 18.4% / 9.0% in Texas. Informational data, not lending advice.
Source: HMDA Data Browser (FFIEC / CFPB). Data as of June 2026.
Florida vs Texas side by side
| Indicator | Florida | Texas |
|---|---|---|
| Total originations | 384,863 | 421,653 |
| Denial rate | 23.6% | 23.1% |
| Home-purchase denial rate | 18.2% | 19.9% |
| Refinance denial rate | 39.6% | 36.7% |
| Conventional share | 75.3% | 72.2% |
| FHA share | 16.3% | 18.4% |
| VA share | 8.2% | 9.0% |
Verdict
On denial rate alone, an application looks more likely to be approved in Texas than Florida by roughly 0.5 points — but that mostly reflects who applies and for what kind of loan, not a promise about your file. Read each state's full profile for context: Florida and Texas. To estimate a payment in either, use the mortgage calculator.
Frequently asked questions
Is it harder to get a mortgage in Florida or Texas?
By denial rate, Florida turned down a higher share of applications in 2023: 23.6% versus 23.1% in Texas, a gap of about 0.5 points. Denial rate reflects the applicant pool and loan mix as much as lender strictness, so it is a signal, not a guarantee about your own application.
Which state originates more mortgages, Florida or Texas?
Texas originated more — about 421,653 home-purchase and refinance loans versus 384,863 in Florida (HMDA 2023). Volume mostly tracks population and home values.
How do the loan-type mixes compare?
In Florida, conventional loans were 75.3%, FHA 16.3% and VA 8.2% of originations; in Texas they were 72.2%, 18.4% and 9.0%. A higher FHA/VA share usually means more first-time, lower-down-payment, or veteran buyers.
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Last updated: 2026-06-20