No: FHA sets program minimums, but lenders add their own overlays on top, which is lawful — the result is that 2025 FHA denial rates among the 100 largest FHA lenders ranged from 1.8% to 78.7%, per FinanceRateCalc analysis of CFPB HMDA loan-level records (1,187,606 decisioned FHA applications in 2025).
Source: CFPB HMDA 2025 (1,187,606 decisioned FHA applications), processed by FinanceRateCalc · methodology · all statistics