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HMDA 2025 · 399,179 FHA Records · 11 Lenders

FHA Mortgage Approval
Climate by State

Real federal data. Click any state for details. Lower OFI = easier approval environment.

⚠️ Educational Only — OFI scores derived from CFPB HMDA 2025 actual FHA denial rates. Not financial advice. Individual outcomes vary.
OFI:
≤35 Favorable
36–50 Moderate
51–65 Tight
66+ Very Tight
HMDA 2024 FHA Data
OFI Score
Lender Comparison →
✅ Most Favorable
⚠️ Tightest Markets
Source: CFPB HMDA 2025 Public Dataset · 399,179 FHA records (2025) · the 100 largest FHA lenders · OFI normalized to national average (24.7% denial = OFI 47). All-cash purchases (~39% of 2025 sales) are not captured in HMDA and excluded from this analysis. Educational purposes only.
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The state matters less than you think. The lender matters more — and their behavior is measurable.
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Prices and rates are widely reported. Whether a lender says yes is not. In the complete 2025 federal record, denial rates across the 100 largest FHA lenders ran from 1.8% to 78.7% — same programme, same year.

And it is not simply who applies where: standardizing on state, loan amount, income, debt-to-income and loan-to-value, applicant mix explains only a 2.7× range in expected outcomes.

Which lenders approve most → Your metro → Denied? →

CFPB HMDA 2025, computed by FinanceRateCalc. Covers the highest-volume lenders published per market, not all lenders. Historical observations, not predictions. CC BY 4.0, not independently reproduced.

The Denial Dispatch
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One chart, three paragraphs, every Saturday. Measured, not assumed.
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FinanceRateCalc · Independent analysis of the complete federal HMDA record · Measured, not assumed. · No lender or AI vendor funds or previews this work.