2025 activity year · MSA/MD source proof
Miami metro mortgage market
Reported metropolitan mortgage application activity from the official CFPB/FFIEC HMDA Data Browser, using the published MSA/MD geography and excluding purchased loans.
Activity year
2025
Action taken
What happened to applications?
Originated46.1% · 34,240
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%
Next source gate
Metro denial reasons are not published yet.
Metro-level reason analysis requires a separate row-level reconciliation and privacy review. These overview pages do not substitute county reasons or estimates.
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Data provenance
Miami-Miami Beach-Kendall, FL Metropolitan Division
MSA/MD 33124 · OMB Bulletin 23-01. This profile identifies the activity year, cohort rules, source endpoint, response hash, and processing date. Source: CFPB/FFIEC HMDA Data Browser API. Last refreshed September 2, 2026.