Go to Indicator definition
Scale Range: 7.7% – 23.0%
Definition: Share of home purchase loans that were denied by lender
Notes: Based on applications for first-lien loans for owner-occupied, 1-4 family homes or manufactured homes. Denials include a small number of pre-approval requests denied by financial institution.
Source: Analysis of Home Mortgage Disclosure Act Data from the Federal Financial Institutions Examination Council.