Flagstar Bank Na denied 40.7% of its 2,933 decisioned FHA applications in 2025 — rank #10 of the 100 largest FHA lenders, above the national rate of 21.7%. Source: complete CFPB HMDA 2025 federal record. Observed rates reflect applicant mix and channel as well as underwriting — not an endorsement or a warning.
Top cited reasons on denied files in 2025: incomplete application (37.1%), credit history (22.6%), debt-to-income (19.5%) (shares of all cited reasons; a denied file may cite several). Reason codes record outcomes, not causes — context: the reason fingerprint.
Median rate on originated FHA purchase loans in 2025: 6.25%; median spread vs APOR: 0.311 (1,404 originations). Odds and price for all 60 largest doors: rates vs denial.
| State | FHA apps | Denial rate |
|---|---|---|
| MI | 656 | 39.8% |
Largest state markets (cells n≥100). State pages: the door map.
Nobody. Flagstar Bank Na did not pay to appear here and cannot pay to change this page. FinanceRateCalc is not a lender, has no lending partners, and sells no leads — tables are processed independently from federal filings by a former banker with 23 years of credit experience. Compare: all 100 lenders ranked · all 52 states · five myths vs the record.