Metro area · Florida

Orlando-Kissimmee-Sanford, FL metro: mortgages and home buyers

2025 home-purchase and refinance statistics for the 4-county Orlando-Kissimmee-Sanford, FL area (OMB code 36740), from official HMDA records.

In 2025, lenders reported 27,421 home-purchase mortgages for owner-occupied, single-family homes in the Orlando-Kissimmee-Sanford, FL metro area. The median buyer borrowed $375,000 on a home valued at $425,000 and reported a household income of $119,000.

Buyers financed a median 94.9% of the home's value (roughly 5.1% down), paid a median 6.50% on 30-year fixed conventional loans and faced median conventional loan costs of $7,150.

Lenders denied 13.1% of completed home-purchase applications.

Purchase loans

27,421

4 counties

Buyer income

$119,000

U.S. $116,000

Loan amount

$375,000

U.S. $335,000

Down payment

5.1%

U.S. 10%

30-yr fixed rate

6.50%

U.S. 6.625%

Denial rate

13.1%

Purchase · U.S. 8.5%

Key facts

The median 30-year fixed conventional rate here was 13 basis points below the U.S. median (6.625%).
Median conventional loan costs ($7,150) were 28% higher than the U.S. median ($5,570).
FHA loans made up 30.9% of purchase mortgages, versus 21.1% nationally.
The most common age bracket among borrowers was 35–44 (28.9% of purchase loans).
52.8% of purchase mortgages had a single borrower with no co-applicant.
The most-cited reason for denial was debt-to-income ratio (47.5% of denials with a stated reason).

Counties in the metro area

County	Purchase loans	Median loan	Buyer income	30-yr rate	Loan costs	Conforming limit	FHA limit
Orange County, FL	11,286	$395,000	$130,000	6.511%	$7,640	$832,750	$541,287
Lake County, FL	5,930	$355,000	$114,000	6.500%	$6,490	$832,750	$541,287
Osceola County, FL	5,850	$375,000	$105,000	6.499%	$6,880	$832,750	$541,287
Seminole County, FL	4,355	$375,000	$127,000	6.625%	$6,990	$832,750	$541,287

Who bought homes in Orlando

Home-purchase mortgages for owner-occupied, single-family (1–4 unit) site-built homes, first liens, originated in 2025.

Purchase loans

27,421

of 32,332 applications

Buyer income

$119,000

Middle half $86,000–$176,000

Home value

$425,000

Middle half $345,000–$555,000

Loan amount

$375,000

Middle half $305,000–$475,000

Down payment

5.1%

34.7% put 20%+ down

Single borrower

52.8%

No co-applicant

Values are medians; "middle half" is the 25th to 75th percentile.

Loan type

Conventional 59.6% 16,339

FHA 30.9% 8,467

VA 9.4% 2,581

USDA 0.1% 34

What the homes were for

Primary residence 93.8% 28,251

Second home 3.2% 950

Investment property 3.1% 920

All first-lien, closed-end purchase mortgages, including second homes and investors.

Borrower age

Under 25 4.1%

25–34 27.4%

35–44 28.9%

45–54 19.7%

55–64 12.4%

65–74 5.6%

75 and over 1.8%

Debt-to-income ratio

Under 20% 2.9%

20–29% 9.5%

30–35% 12.0%

36–42% 22.4%

43–49% 36.1%

50–60% 16.2%

Over 60% 0.8%

Monthly debts (including the new payment) as a share of income, as used in underwriting.

What borrowing cost in Orlando

Medians for 2025 home-purchase loans. Total loan costs are section D of the Loan Estimate/Closing Disclosure (lender and third-party loan charges, excluding taxes, prepaids and escrow). FHA and VA costs include the upfront mortgage insurance premium or VA funding fee, so compare like with like.

Measure	Orlando	U.S.
30-year fixed rate · conventional	6.500%	6.625%
30-year fixed rate · FHA	5.990%	6.250%
30-year fixed rate · VA	6.004%	6.125%
15-year fixed rate · conventional	5.750%	5.875%
Rate spread vs. APOR · conventional	+0.11 pts	+0.13 pts
Total loan costs · conventional	$7,150	$5,570
Total loan costs · FHA	$13,160	$11,310
Total loan costs · VA	$6,340	$6,490
Origination charges (all loan types)	$2,300	$1,860
Borrowers paying discount points	60.4%	51.3%
Points paid, when paid (% of loan)	1.00%	0.87%
Borrowers receiving lender credits	30.8%	33.1%
Adjustable-rate mortgages	5.5%	7.4%
Jumbo loans (above conforming limit)	3.4%	3.8%

Medians are shown only when at least 30 loans report the field. Rates are those reported at closing; market rates changed during 2025, which the rate spread (APR minus the average prime offer rate on the lock date) adjusts for.

Approvals and denials

Orlando: 4,233 of 32,332 completed home-purchase applications were denied (13.1%).

Denial rate

Application	Orlando	U.S.
Home purchase	13.1%	8.5%
Conventional	11.3%	7.1%
FHA	16.7%	12.5%
VA	11.6%	8.0%
USDA	31.5%	12.5%
Refinance	29.3%	17.9%
Cash-out refinance	37.7%	33.6%

Main reason for purchase denials

Debt-to-income ratio 47.5%

Credit history 11.8%

Collateral (appraisal/property) 10.3%

Other 7.8%

Insufficient cash (down payment/closing costs) 7.1%

Unverifiable information 7.1%

Credit application incomplete 5.7%

Employment history 2.6%

First reason the lender reported.

Denial rate = denied ÷ (originated + approved but not accepted + denied). Withdrawn and incomplete applications are excluded. Differences between places reflect who applies, not only lender behavior.

Refinancing in Orlando

Refinances

3,523

Median loan $385,000

Refi rate

6.25%

30-yr fixed, conv.

Refi loan costs

$6,320

Conventional

Cash-out refis

4,167

Median loan $285,000

Cash-out rate

6.875%

30-yr fixed, conv.

Cash-out income

$96,000

Median borrower

Source: FFIEC/CFPB HMDA 2025 public LAR (derived MSA/MD); OMB July 2023 delineations via the U.S. Census Bureau. Methodology