Lennar Mortgage, LLC denied 22.9% of its 25,525 decisioned FHA applications in 2025 — rank #34 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: debt-to-income (53.1%), credit history (20.3%), unverifiable information (10.8%) (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: 4.5%; median spread vs APOR: -1.331 (19,597 originations). Odds and price for all 60 largest doors: rates vs denial.
| State | FHA apps | Denial rate |
|---|---|---|
| TX | 11,126 | 24.1% |
| FL | 5,895 | 29.2% |
| CA | 1,615 | 12.6% |
| AZ | 1,235 | 13.5% |
| SC | 909 | 20.4% |
| IN | 576 | 30.6% |
Largest state markets (cells n≥100). State pages: the door map.
Nobody. Lennar Mortgage, LLC 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.