Mortgage lending in Monroe County
1,632 mortgages were originated in Monroe County, Florida, in 2025.
30-year fixed, this week
6.71%
Freddie Mac's survey average for the week of September 3, 2026 — a year earlier it was 6.56%, and the past year ranged 5.98–6.71%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 1,632
- Median rate
- 6.874%
- Median lender fees
- $11,845
The going rate is the federal "average prime offer rate" for a comparable loan; 0.5 means half a percentage point above it.
- Median loan amount
- $585,000
- Above the going rate (spread over APOR)
- 0.243
- Paid discount points
- 35.7%
- Received lender credits
- 26.8%
- Purchases / refinances
- 59.9% / 26.2%
- Conventional / FHA / VA
- 86.1% / 7% / 6.9%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 67.4% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $990,150
- FHA limit
- $990,150
- Median home price
- $861,000
- That home, 20% down
- $688,800
A median-priced home with 20% down leaves $301,350 of room under the conforming limit, so the ceiling rarely binds on an ordinary purchase.
This is a high-cost area: loans above $832,750 are still agency-backed here, as high-balance, where a plain conforming loan would stop. How limits work
Median price is HUD's figure for the 2026 limit calculation, not a live market quote.
Who lent here
Lenders with at least 50 loans in Monroe County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| United Shore Financial Services, LLC | 239 | $15,466 | 6.539% |
| First Horizon Bank | 162 | $10,927 | 6.375% |
| Rocket Mortgage, LLC | 80 | $10,418 | 6.750% |
| Crosscountry Mortgage, Inc. | 51 | — | 6.875% |
What lenders charged here
Lender fees on a $585,000 loan, based on what was actually charged in Monroe County — not a rule of thumb.
From 1,100 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, taxes and the escrow deposit your lender collects up front for future tax and insurance bills are extra and not in these figures. Compare two offers