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FRC Intelligence · 2025 federal record

Cape Coral-Fort Myers, FL: 23.2% of FHA applications were denied in 2025.

Of 7,102 FHA applications reaching a credit decision in this metro in 2025, 1,646 were formally denied. Small applications (<$150K) were denied at 47.6% vs 20.9% for large ones ($250K+) — a 2.28× penalty.

The doors of Cape Coral-Fort Myers, FL

The metro's five highest-volume FHA lenders, by observed 2025 denial rate — a 37.5-point spread inside one metro:

LenderDecisioned apps (this metro)Denial rate
American Pacific Mortgage Corporation3027.9%
United Wholesale Mortgage1,06718.7%
loanDepot.com LLC45323.2%
ROCKET MORTGAGE47026.2%
Lennar Mortgage, LLC50445.4%

What to do with this

A metro average is a tendency, not a rule — and the table above shows why: the same city contains very different doors. If you've been denied, decode the reason first, then pick the next door on the record, not on advertising.

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