# MIDFLORIDA

> **Canonical URL:** https://saferate.com/lenders/midflorida

> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible

MIDFLORIDA is a credit union, headquartered in Lakeland, FL, serving borrowers across 6 states, with 949 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 38% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 56% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300K7224BC1IAX207
- **Headquarters:** Lakeland, FL
- **Geographic Reach:** Multi-Region
- **States Served:** 6
- **State List:** AL, FL, GA, NC, SC, TN
- **Markets (MSAs):** 14
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 62/100
- Rating: ●●●●○ (4/5)

### Pull Through: Sound ☺️
- Score: 44/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.044%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,034
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 949
- **Dollar Volume:** $328 million
- **Applications Received:** 2,314
- **Market Share:** 3.00%

## Typical Borrower Profile

- **Average Loan Amount:** $346,022
- **Average Borrower Income:** $185,823

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (64%)
- ⭐ **Jumbo Gold Superstar** (64%)
- ⭐ **Purchase Gold Superstar** (64%)
- ⭐ **Refinance Gold Superstar** (64%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 78/100 | 888 | +0.057% | $1,030 | Strong 😀 |
| Jumbo | 76/100 | 61 | -0.330% | $1,168 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 676 loans, Score: 76/100 (Strong)
- Refinance: 212 loans, Score: 78/100 (Strong)

**Jumbo:**
- Purchase: 58 loans, Score: 77/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 72/100 | 734 | $292M | -0.046% | Strong 😀 |
| Refinance | 75/100 | 215 | $36M | +0.240% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| FL | 938 | 0.32% | 82/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Lakeland | FL | 288 | 91/100 |
| Tampa, FL | FL | 128 | 71/100 |
| Sebring, FL | FL | 72 | 88/100 |
| Ocala, FL | FL | 62 | 72/100 |
| Orlando | FL | 58 | 61/100 |
| Non |  | 56 | 42/100 |
| Port St. Lucie, FL | FL | 47 | 66/100 |
| St. Petersburg | FL | 42 | 62/100 |
| North Port | FL | 29 | 56/100 |
| Sebastian | FL | 29 | 71/100 |
| Naples | FL | 26 | 62/100 |
| Wildwood | FL | 22 | 51/100 |
| Homosassa Springs, FL | FL | 21 | 60/100 |
| Gainesville, FL | FL | 15 | 49/100 |

## Frequently Asked Questions

### What loan types does MIDFLORIDA offer?

MIDFLORIDA offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does MIDFLORIDA offer mortgages?

MIDFLORIDA offers mortgages in 6 states: AL, FL, GA, NC, SC, TN.

### How competitive are MIDFLORIDA's mortgage rates?

MIDFLORIDA has a pricing score of 62/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.044% above market average.

### What type of lender is MIDFLORIDA?

MIDFLORIDA is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Lakeland, FL.

### What is MIDFLORIDA's loan approval success rate?

MIDFLORIDA has a pull-through score of 44/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/midflorida

### How to Cite

> "MIDFLORIDA Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/midflorida

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