What is Planet Home's FHA denial rate in 2025?

Planet Home's 2025 FHA denial rate is 18.4% in FRC's federal HMDA panel — ranked #3 of the 100 largest FHA lenders (lowest = #1). In 2018 it was 31.9%.

Is Planet Home strict on FHA loans?

Denial rates partly reflect who applies, not only strictness. Planet Home's rate has loosened 13.5pp since 2018. Overlays are lawful business decisions; this is a historical data observation, not a recommendation.

Is it hard to get approved with Planet Home?

In 2025 Planet Home denied 17.8% of the FHA mortgage applications it decided, approving 82.2%, across 7,304 applications. The median denial rate across the 100 largest FHA lenders was 13.8%, so its record is about average. A denial rate reflects who applies there as well as how the lender underwrites, and it does not predict the outcome of any individual application.

What is Planet Home's mortgage approval rate?

82.2% of FHA applications that reached a credit decision at Planet Home in 2025 were approved, computed from the complete CFPB HMDA record (originated plus approved-but-not-accepted, over all decisioned applications).

Why was my mortgage denied by Planet Home?

The lender must give you the specific reasons in writing within 30 days under federal law. Denial reasons are distributed very differently between institutions, so the reason on your letter is worth comparing against that lender's own pattern and against its peers. A denial at one lender does not mean the same file would be denied elsewhere: in 2025 denial rates across the 100 largest FHA lenders ranged from 1.8% to 78.7%.

Planet Home FHA Denial Rate (2025): the behavioral file

Direct answer · updated 2026-07-16

Planet Home denied 18.4% of its FHA applications in 2025 — rank #3 of the 100 largest FHA lenders (1 = lowest denial), from CFPB HMDA loan-level records (1,187,606 decisioned FHA applications in 2025).

Cell-level decision surfaces are not published for Planet Home: its coordinate cells fall below our n≥50 minimum, so we report the annual rate rather than estimate one. Compare all 11 →

Denial rates reflect applicant mix as well as underwriting strictness; overlays are lawful business decisions. Cells with n<50 excluded. Methodology

2025 FHA denial rate

18.4%

#3 of the 100 largest FHA lenders · loosened 13.5pp since 2018

2018 rate

31.9%

Shock Beta

41/100

Macro sensitivity (OFI)

66.5

Shock profile: moderate sensitivity. What Shock Beta means →

Statistical relatives

Underwriting twins (similar decision patterns): loanDepot (91/100), UWM (91/100). Behavioral opposites: Guild (75/100), Rocket (58/100). If Planet Home declined a file, its twins are statistically likely to read it the same way — the opposites are a different conversation. Full similarity engine →

What to do with this file

Does YOUR profile fit this door? Free routing → Denied by Planet Home? Run the Verdict — free → Compare the 11 deep-file lenders — or all 100 →

Source: CFPB HMDA loan-level records, 2018–2025, FRC 11-lender panel; methodology at financeratecalc.com/methodology. Denial rates partly reflect applicant mix. Historical data observation; overlays are lawful; not a recommendation to use or avoid any lender; not financial, legal, or mortgage advice. FRC Research.