The Florida Mortgage Approval Index
First-party loan data from AAA Capital Funding, Inc. (NMLS #374739), drawn from our own loan records
Executive Summary
AAA Capital Funding has arranged Florida home loans since 1997 and is licensed in all 67 counties. The figures below come from our own loan origination records. As an independent broker, we send each file to the wholesale lender whose guidelines approve it, and that is what produces these approval, pricing and timing results.
Primary Pipeline Performance Metrics
FHA & VA Complex-File Approval Rate
Share of complex FHA and VA files we get approved, including credit scores down to 500 and debt-to-income ratios up to 57%.
Wholesale Rate Advantage
Average pricing improvement of 75 basis points (0.75%) compared with national retail bank benchmarks, across Conventional, FHA and VA loans and all credit tiers.
Max-Concession Utilization Rate
Share of purchase files where we negotiated the maximum seller contribution the program allows, used for closing costs and permanent rate buydowns. In Q2 2026, 68% of our FHA buyers negotiated seller credits of 3% or more.
Average Time, Application to Clear to Close
Average across all programs. Most Conventional files clear in 12 to 16 days and most FHA and VA files in 14 to 18, with one person running your file from start to finish.
DSCR Investor Financing Parameters
Investor programs we place accept ratios as low as 0.75, with up to 80% LTV on stronger ratios. You qualify on the property's rent, with no personal tax returns.
FHA, Conventional & VA Share of Loans
Share of the loans in our records that are FHA, Conventional or VA. About 86% of them are home purchases.
How our files move from application to closing
These are AAA Capital Funding's own pipeline numbers, by program. Every file is checked against the DU or LPA findings and the wholesale lender's guidelines before it's submitted, so underwriting sees a complete file the first time.
| Program | Application to clear to close | What we clear up front |
|---|---|---|
| Conventional | 12 to 16 days | Appraisal waiver eligibility and verification of employment |
| FHA | 14 to 18 days | FHA property standards screened early, with a manual underwrite plan ready when the debt ratio runs past 46.9% / 56.9% |
| VA | 14 to 18 days | Certificate of Eligibility pulled at intake; residual income and the pest inspection handled at the start |
| DSCR (investor) | 14 to 21 days | Rent schedule checked against local lease comps; LLC documents reviewed before setup |
| All programs | Under 18 days on average | One complete package, not documents in pieces |
What that means when you're buying
Your contract deadline is met and your deposit stays protected.
Fast enough that a seller can treat your offer like cash.
Credit scores from 500, debt ratios up to 57% on government loans, and manual underwrites, placed with lenders that don't stack extra overlays on the program.
The lender fees on your first Loan Estimate are the lender fees on your Closing Disclosure.
How we hold the timeline
- Within 24 to 48 hours: credit, income and assets gathered.
- Days 3 to 5: full DU or LPA run, disclosures and your Loan Estimate sent.
- Days 10 to 12: conditional approval from the lender, appraisal in, conditions cleared.
- Days 14 to 18: clear to close and funded.
Conditions go back to the lender in one batch within 24 hours of the conditional approval. The appraisal is ordered within 24 hours of your intent to proceed. On average, an underwriter touches a file about 1.2 times between submission and clear to close.
Methodology & Sources
Source: loan origination system records of AAA Capital Funding, Inc. (NMLS #374739), covering closed and in-process Florida residential loans, compiled by Jason J. Sarji (NMLS #374700).
The program mix (98% FHA, Conventional and VA; about 86% purchases) counts the loans in our records since 2016. The seller-credit figure (68%) covers FHA purchases in Q2 2026. Timelines run from application to clear to close. Every figure is AAA's own result, not a survey or a third-party estimate. Past results don't guarantee the outcome of any single loan. Last updated October 11, 2026.
Talk to the broker behind these numbers
You deal with the exact same licensed expert from your initial pre-approval to the final closing table. Zero handoffs. Zero processing departments. Just real results.
Located at 3000 N Federal Hwy, Suite 7, Fort Lauderdale, FL 33306.
Equal Housing Opportunity. Index figures reflect AAA Capital Funding's own historical results and are not a guarantee of future results or an offer to lend. Program terms and conditions are subject to change without notice.