Data-driven picks for Florida buyers
Buying a home in Florida? Whether you’re eyeing a beachfront condo or a suburban bungalow, the stakes are high. Between rising insurance costs, bidding wars, and fast-changing interest rates, the mortgage you choose matters more than ever.
To help buyers make smarter choices, we crunched the numbers. We analyzed closed-loan data from hundreds of thousands of loans across 140 different lenders operating in Florida. Check out the full TrueRate analysis.
We also categorized lenders to help you find the right fit—whether you’re a first-time buyer, looking for a digital-first experience, or need something more specialized.
Tomo Mortgage
Why it stands out
Ok, we’re a little biased, but the numbers speak for themselves—low rates, no lender fees, better reviews. Tomo Mortgage was founded in 2025 by former Zillow execs who wanted to fix what was broken in the mortgage industry. They did away with bait-and-switch prices, inflated rates, and confusing fees. It was ranked Best Online Lender 2025 by Bankrate, based on its strong customer reviews and backing from major financial services firms. Tomo historically has some of the lowest rates among lenders operating in Florida.
Lower rates drive more transparency: you can get personalized rates online without applying or speaking to sales. The rate tool includes a slider that shows how your monthly payment changes with and without points—clarity and control from the start.
Read full review: Tomo Mortgage
What borrowers say
“I almost went with a different lender at first but ended up going to tomo and I’m glad I did… 10/10”
“Loan advisory team was remarkably responsive… stayed engaged until the very end.”
“Because of Tomo’s low APRs… it gets a perfect 5 out of 5 stars for affordability.”
USF Credit Union
Why it stands out
USF Credit Union, founded in 1959 and headquartered in Tampa, Florida, serves over 75,000 members with assets exceeding $1.2 billion. Originally established for University of South Florida faculty and staff, membership now extends to students, alumni, family, and employees of affiliated organizations. USF FCU offers comprehensive financial services, including loans, mortgages, and digital banking, through multiple branches and nationwide shared networks.
Read full review: USF Credit Union
What borrowers say
Most visible reviews about USF Credit Union on Yelp and other third-party sites focus overwhelmingly on general banking, auto loans, and member service, with only scattered references to mortgage-specific experiences.
“2k later and then they deny me for a different issue they had already previously approved. I do not recommend this company.”
Alliant Credit Union
Why it stands out
Alliant Credit Union is a digital, member-owned, nonprofit financial institution headquartered in Chicago, serving over 800,000 members nationwide. As an online-only lender, Alliant offers a broad range of mortgage solutions with a focus on affordability, variety, and convenience. Bankrate gave Alliant Credit Union a 4.7/5 stars
Our TrueRate model shows Alliant Credit Union Historically has lower than typical interest rates.
Read full review: Alliant Credit Union
What borrowers say
Alliant Credit Union is praised for its affordability, offering competitive rates, low origination fees, and a transparent, “no surprises” approach to closing costs. Borrowers benefit from a wide variety of loan options and digital convenience, with high customer ratings on platforms like Zillow and Bankrate.
“Among the many lenders I encountered, Alliant quickly rose to the top. Their initial rate quote was highly competitive, but what truly made the difference was the exceptional support I received.”
“Alliant Advantage Mortgage program allows for a loan of up to $650,000 without a down payment or mortgage insurance payments ”
United Nations Federal Credit Union
Why it stands out
United Nations Federal Credit Union (UNFCU) was founded by UN employees in 1947 and continues to primarily serve UN staff and their families. As a not‑for‑profit cooperative, UNFCU reinvests its earnings into its members, offering global banking solutions tailored to the UN community—like flexible lending that accommodates unique UN contract terms, often resulting in more competitive rates and lower fees.
Our TrueRate analysis of thousands of loans shows their interest rates trend below market norm.
Read full review: United Nations Federal Credit Union
What borrowers say
Customer reviews of UNFCU’s mortgage services are split between glowing praise and deep frustration. Praise focuses on personalized services and low rates, while the negative centers around bureaucratic and slow processes as well as communication.
“ Not only did he get me lowest rate on an ARM anyone had ever heard of at that time, he held my hand every step of the way, answered all my questions and calls, and soothed all my anxieties about being a disorganized client. When I closed, all the lawyers oohed and aahed”
“With certainty I do not believe we would have been able to acquire this home without her thorough knowledge and experience. She also beat other lenders with our rate – there was no competition there.”
“Very slow and bureaucratic process. Our friends with other banks could get things done much faster, both for their original mortgage and for refinancing.”
Other Big Mortgage Lenders in Florida
Rocket Mortgage and CrossCountry Mortgage originated billions in Florida loans last year, but ony CrossCountry appeared in our closed-loan dataset. We reviewed HMDA volume and spot-checked public rate sources for context. These aren’t directly comparable to our ranked lenders, but they’re useful reference points when shopping broadly.
Rocket Mortgage
Originated $7.6B+ in Florida home loans in 2024 across 24,000+ loans (avg. loan size ~$315k). Mix: ~42% refi, ~57% purchase.
CrossCountry Mortgage
Originated around $4B+ across 10,000+ Florida loans in 2024 (avg. ~$398k). Mix: ~90% purchase, ~10% refi. CrossCountry’s median rates per our TrueRate dataset, are about average—just 0.09% below the median—saving $70 in the first year but adding $2,643 in costs over 10 years. Against Tomo Mortgage, the gap widens: borrowers would pay $2,507 more after one year and $13,828 more over 10 years. Even small rate differences add up significantly.
Quick Comparison Summary
| Lender | Pick | HQ | Interest Rates (historical) | Lender Fees | Notable Programs / Notes | Website | Full Review |
|---|---|---|---|---|---|---|---|
| Tomo Mortgage | Best Overall (Low Rates) | New York, NY | ~0.30% below median (historical) | $0 | Named Best Online Lender by Bankrate; online personalized rates; no lending fees; no refi currently | tomo.com | Read full review |
| USF Credit Union | Best Local Credit Union | Tampa, FL | ~0.42% below median (historical) | ~$1,540 | Community-focused lender, historically low rates, limited customer mortgage feedback. | usffcu.com | Read full review |
| United Nations Federal Credit Union | Best for Expats and UN-Affiliated Employees | Long Island City, NY | ~0.28% below median (historical) | ~$995 | Competitive rates and loan options for expats, mixed reviews.. | unfcu.org | Read full review |
| Alliant Credit Union | Best for Low Down Payment Loans | Chicago, IL | ~0.31% below median (historical) | ~$950 | Alliant offers a broad range of mortgage solutions with a focus on affordability, variety, and convenience. | alliantcreditunion.org | Read full review |