2025 activity year · County-level source proof
Miami-Dade County mortgage market
Reported county-level mortgage application activity from the official CFPB/FFIEC HMDA Data Browser, with purchased loans excluded from the application denominator.
Activity year
2025
Action taken
What happened to applications?
Originated46.1% · 34,236
Approved, not accepted4.1% · 3,025
Denied25.5% · 18,936
Withdrawn16.2% · 12,056
File closed for incompleteness7.9% · 5,859
Preapproval denied0.0% · 28
Preapproval approved, not accepted0.1% · 70
“Originated” is a reported historical outcome, not an approval probability for a future applicant.
Loan purpose
Why people applied
40%Home purchase
- Home purchase40.1%
- Home improvement11.4%
- Other purpose14.0%
- Refinancing11.8%
- Cash-out refinancing22.6%
Lender-reported reasons
Why applications were reported denied.
These are historical reason codes reported by lenders—not our assessment of an applicant, a prediction, or evidence of unlawful conduct. A denied application can have more than one reason.
Reason for denial
Share of denied decisions
Debt-to-income ratio42.2% · 8,003
Collateral21.8% · 4,126
Credit history21.0% · 3,974
Other14.3% · 2,709
Credit application incomplete12.9% · 2,454
Insufficient cash7.7% · 1,464
Unverifiable information6.5% · 1,236
Employment history1.3% · 239
Each percentage uses all application and preapproval denial decisions as its denominator. Shares are not additive because lenders may report up to four reasons.
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Data provenance
County FIPS 12086, with two reconciled years.
This profile identifies the activity year, cohort rules, aggregate and row-level CSV endpoints, response hashes, and processing date. Source: CFPB/FFIEC HMDA Data Browser API. Last refreshed September 2, 2026.