Denial rates, real interest rates and lending volume for every state, from 11,766,671 applications filed under HMDA in 2025. Nationally, 18.0% of applications were denied and the median rate on originated loans was 6.63%.
| State | Applications | Lenders | Denial rate | Decision denial | Median rate | Median loan | Counties |
|---|---|---|---|---|---|---|---|
| Alabama | 207,840 | 990 | 19.9% | 25.0% | 6.50% | $165,000 | 61 |
| Alaska | 19,621 | 252 | 14.0% | 18.0% | 6.44% | $305,000 | 5 |
| Arizona | 309,156 | 1,082 | 16.2% | 20.4% | 6.50% | $275,000 | 14 |
| Arkansas | 116,991 | 802 | 18.2% | 23.1% | 6.63% | $165,000 | 60 |
| California | 1,018,191 | 1,147 | 17.4% | 22.4% | 6.63% | $385,000 | 54 |
| Colorado | 260,604 | 1,114 | 15.6% | 19.7% | 6.63% | $325,000 | 39 |
| Connecticut | 123,752 | 687 | 17.4% | 21.6% | 6.63% | $245,000 | 0 |
| Delaware | 45,672 | 540 | 18.2% | 22.7% | 6.63% | $245,000 | 3 |
| District of Columbia | 16,753 | 473 | 18.1% | 23.7% | 6.50% | $405,000 | 1 |
| Florida | 931,897 | 1,993 | 21.1% | 27.2% | 6.63% | $255,000 | 65 |
| Georgia | 449,146 | 1,201 | 19.2% | 25.1% | 6.63% | $235,000 | 118 |
| Guam | 213 | 6 | 6.6% | 8.0% | 6.13% | $415,000 | 1 |
| Hawaii | 35,864 | 321 | 21.8% | 27.3% | 6.15% | $405,000 | 4 |
| Idaho | 89,820 | 595 | 14.5% | 17.5% | 6.63% | $265,000 | 32 |
| Illinois | 395,939 | 1,150 | 17.1% | 21.7% | 6.75% | $185,000 | 76 |
| Indiana | 286,494 | 1,025 | 16.6% | 20.1% | 6.75% | $155,000 | 90 |
| Iowa | 110,919 | 739 | 12.9% | 15.3% | 6.50% | $135,000 | 65 |
| Kansas | 94,814 | 766 | 15.0% | 18.3% | 6.63% | $165,000 | 37 |
| Kentucky | 173,418 | 856 | 18.8% | 23.5% | 6.75% | $155,000 | 104 |
| Louisiana | 133,297 | 721 | 22.2% | 28.2% | 6.63% | $165,000 | 56 |
| Maine | 57,098 | 537 | 16.3% | 20.1% | 6.88% | $215,000 | 16 |
| Maryland | 227,351 | 810 | 18.8% | 24.1% | 6.63% | $265,000 | 24 |
| Massachusetts | 216,627 | 799 | 16.2% | 20.0% | 6.63% | $325,000 | 14 |
| Michigan | 383,226 | 973 | 18.5% | 22.6% | 6.75% | $155,000 | 75 |
| Minnesota | 185,012 | 870 | 13.6% | 16.4% | 6.63% | $215,000 | 59 |
| Mississippi | 103,502 | 681 | 22.9% | 28.5% | 6.75% | $135,000 | 65 |
| Missouri | 234,238 | 1,023 | 15.1% | 18.7% | 6.63% | $175,000 | 84 |
| Montana | 37,108 | 553 | 14.8% | 18.7% | 6.63% | $275,000 | 21 |
| Nebraska | 65,283 | 565 | 12.5% | 15.1% | 6.63% | $185,000 | 24 |
| Nevada | 120,754 | 627 | 17.5% | 22.2% | 6.63% | $305,000 | 10 |
| New Hampshire | 57,701 | 535 | 16.5% | 20.3% | 6.82% | $265,000 | 10 |
| New Jersey | 320,098 | 883 | 17.7% | 23.1% | 6.75% | $295,000 | 21 |
| New Mexico | 73,701 | 599 | 18.6% | 24.7% | 6.63% | $205,000 | 24 |
| New York | 389,757 | 750 | 19.8% | 24.0% | 6.63% | $235,000 | 61 |
| North Carolina | 486,376 | 1,253 | 18.1% | 22.8% | 6.50% | $225,000 | 97 |
| North Dakota | 20,568 | 322 | 11.4% | 13.7% | 6.50% | $205,000 | 10 |
| Ohio | 464,003 | 1,092 | 17.7% | 21.9% | 6.88% | $155,000 | 88 |
| Oklahoma | 140,899 | 821 | 17.9% | 22.9% | 6.63% | $165,000 | 53 |
| Oregon | 147,444 | 700 | 15.3% | 19.2% | 6.75% | $275,000 | 29 |
| Pennsylvania | 447,498 | 1,114 | 18.3% | 22.2% | 6.63% | $155,000 | 64 |
| Puerto Rico | 21,225 | 78 | 15.8% | 18.5% | 6.13% | $145,000 | 25 |
| Rhode Island | 43,522 | 453 | 18.7% | 23.2% | 6.75% | $255,000 | 5 |
| South Carolina | 252,738 | 1,143 | 18.3% | 23.5% | 6.50% | $225,000 | 45 |
| South Dakota | 25,910 | 386 | 12.8% | 15.7% | 6.50% | $225,000 | 18 |
| Tennessee | 303,477 | 1,274 | 17.1% | 21.7% | 6.62% | $225,000 | 89 |
| Texas | 959,692 | 1,568 | 19.4% | 24.9% | 6.50% | $245,000 | 158 |
| U.S. Virgin Islands | 329 | 9 | 6.4% | 8.1% | 7.13% | $425,000 | 0 |
| Utah | 151,726 | 575 | 16.0% | 19.2% | 6.63% | $305,000 | 23 |
| Vermont | 20,684 | 320 | 14.8% | 18.1% | 6.71% | $205,000 | 13 |
| Virginia | 341,163 | 1,013 | 15.9% | 20.3% | 6.63% | $255,000 | 120 |
| Washington | 287,311 | 822 | 15.7% | 19.5% | 6.63% | $335,000 | 35 |
| West Virginia | 54,074 | 565 | 21.2% | 26.7% | 6.62% | $145,000 | 42 |
| Wisconsin | 226,965 | 938 | 14.0% | 16.4% | 6.63% | $165,000 | 68 |
| Wyoming | 21,844 | 411 | 15.6% | 19.6% | 6.50% | $235,000 | 17 |
Source: CFPB HMDA 2025. Denial rate = denied ÷ applications (actions 1–5). Decision denial = denied ÷ (originated + approved-not-accepted + denied). Median rate is on originated loans.
