Across the 50 states and D.C., lenders denied 576,288 home-purchase mortgage applications in 2025. Debt-to-income ratio was the first reason listed on 33.1% of them and credit history on 26.3%.
The mix differs by state. In Florida, debt-to-income came first on 39.9% of 59,060 denials and credit history on 17.5%. In Mississippi it was the other way around: credit history on 48.0% of 10,955 denials and debt-to-income on 24.5%. Debt-to-income was the most common first reason in 39 states and credit history in 11; in the District of Columbia it was collateral. The highest credit-history share was in Mississippi (48.0%); the highest debt-to-income share was in Idaho (41.0%).
First denial reason by state, 2025
| State | Denials | Debt-to-income | Credit history | Collateral | Insufficient cash | Most common reason |
|---|---|---|---|---|---|---|
| Alabama | 16,068 | 25.7% | 41.9% | 6.0% | 3.6% | Credit history |
| Alaska | 543 | 30.9% | 13.1% | 20.1% | 5.9% | Debt-to-income ratio |
| Arizona | 11,691 | 37.7% | 16.3% | 13.4% | 5.2% | Debt-to-income ratio |
| Arkansas | 8,532 | 25.1% | 44.0% | 6.4% | 2.6% | Credit history |
| California | 33,987 | 37.4% | 11.5% | 17.0% | 6.2% | Debt-to-income ratio |
| Colorado | 8,872 | 40.8% | 19.5% | 13.6% | 4.4% | Debt-to-income ratio |
| Connecticut | 3,964 | 29.1% | 10.5% | 21.5% | 5.3% | Debt-to-income ratio |
| Delaware | 2,145 | 37.7% | 24.3% | 9.3% | 4.7% | Debt-to-income ratio |
| District of Columbia | 638 | 23.4% | 10.8% | 26.3% | 4.1% | Collateral |
| Florida | 59,060 | 39.9% | 17.5% | 14.6% | 5.1% | Debt-to-income ratio |
| Georgia | 23,735 | 33.2% | 28.3% | 10.5% | 4.2% | Debt-to-income ratio |
| Hawaii | 1,457 | 34.3% | 9.0% | 29.9% | 5.3% | Debt-to-income ratio |
| Idaho | 2,603 | 41.0% | 16.9% | 13.3% | 5.6% | Debt-to-income ratio |
| Illinois | 17,264 | 29.3% | 18.1% | 16.5% | 4.7% | Debt-to-income ratio |
| Indiana | 11,896 | 32.7% | 26.6% | 11.4% | 3.8% | Debt-to-income ratio |
| Iowa | 4,029 | 29.9% | 29.0% | 9.1% | 3.8% | Debt-to-income ratio |
| Kansas | 3,657 | 32.7% | 24.0% | 10.1% | 4.9% | Debt-to-income ratio |
| Kentucky | 13,375 | 23.9% | 42.2% | 6.3% | 3.1% | Credit history |
| Louisiana | 14,361 | 27.1% | 44.1% | 4.8% | 3.0% | Credit history |
| Maine | 2,035 | 34.5% | 12.5% | 18.8% | 3.7% | Debt-to-income ratio |
| Maryland | 8,257 | 33.5% | 16.3% | 15.0% | 5.6% | Debt-to-income ratio |
| Massachusetts | 6,015 | 37.5% | 9.9% | 21.7% | 4.6% | Debt-to-income ratio |
| Michigan | 20,607 | 34.5% | 30.6% | 11.7% | 4.0% | Debt-to-income ratio |
| Minnesota | 6,163 | 36.8% | 21.5% | 13.4% | 4.3% | Debt-to-income ratio |
| Mississippi | 10,955 | 24.5% | 48.0% | 5.5% | 2.7% | Credit history |
| Missouri | 9,598 | 26.6% | 27.7% | 12.6% | 3.5% | Credit history |
| Montana | 1,448 | 37.6% | 16.6% | 15.4% | 7.0% | Debt-to-income ratio |
| Nebraska | 1,988 | 35.2% | 23.2% | 12.6% | 4.7% | Debt-to-income ratio |
| Nevada | 5,215 | 39.4% | 18.1% | 12.6% | 5.0% | Debt-to-income ratio |
| New Hampshire | 1,690 | 35.9% | 13.8% | 24.4% | 4.8% | Debt-to-income ratio |
| New Jersey | 10,421 | 34.7% | 12.7% | 19.5% | 5.5% | Debt-to-income ratio |
| New Mexico | 5,840 | 28.7% | 37.3% | 7.2% | 4.1% | Credit history |
| New York | 18,225 | 30.7% | 14.5% | 23.0% | 4.6% | Debt-to-income ratio |
| North Carolina | 24,073 | 33.5% | 28.8% | 8.3% | 3.2% | Debt-to-income ratio |
| North Dakota | 659 | 32.2% | 27.6% | 12.4% | 5.5% | Debt-to-income ratio |
| Ohio | 16,569 | 31.0% | 26.2% | 13.6% | 4.0% | Debt-to-income ratio |
| Oklahoma | 10,166 | 25.7% | 44.3% | 6.2% | 3.5% | Credit history |
| Oregon | 4,747 | 37.9% | 17.0% | 13.7% | 4.7% | Debt-to-income ratio |
| Pennsylvania | 14,637 | 30.3% | 20.5% | 16.1% | 4.6% | Debt-to-income ratio |
| Rhode Island | 1,030 | 38.3% | 12.7% | 22.4% | 4.6% | Debt-to-income ratio |
| South Carolina | 19,764 | 30.6% | 35.2% | 6.6% | 3.7% | Credit history |
| South Dakota | 973 | 37.0% | 28.3% | 10.5% | 5.2% | Debt-to-income ratio |
| Tennessee | 15,726 | 29.9% | 29.4% | 8.9% | 4.5% | Debt-to-income ratio |
| Texas | 83,578 | 34.1% | 35.0% | 5.9% | 3.8% | Credit history |
| Utah | 4,746 | 38.9% | 15.3% | 12.9% | 7.5% | Debt-to-income ratio |
| Vermont | 672 | 36.0% | 11.0% | 28.0% | 5.4% | Debt-to-income ratio |
| Virginia | 12,194 | 30.7% | 23.2% | 10.5% | 4.6% | Debt-to-income ratio |
| Washington | 8,063 | 39.0% | 13.1% | 16.3% | 4.6% | Debt-to-income ratio |
| West Virginia | 4,755 | 24.1% | 38.4% | 8.2% | 3.5% | Credit history |
| Wisconsin | 6,494 | 34.4% | 18.3% | 17.2% | 4.1% | Debt-to-income ratio |
| Wyoming | 1,108 | 39.8% | 23.3% | 10.2% | 4.2% | Debt-to-income ratio |
Shares are of all denials in the state, including the few where the lender was exempt from reporting a reason, so the reason columns do not add to 100%. The CSV has every reason code. The percentages are our calculation. State names link to that state’s debt statute of limitations page.
What this counts
Under the Home Mortgage Disclosure Act, lenders report up to four reasons for each denial. We count only the first reason listed, for applications to buy a home (loan purpose: home purchase) that were denied (action taken: application denied). A lender may list reasons in any order, so the first one is not always the main one. HMDA data are modified by the CFPB to protect privacy. The data cover lenders that must report under HMDA, which is most but not all mortgage lending.
Our denial rates by state page shows how often applications were denied.
Source
Consumer Financial Protection Bureau / FFIEC, HMDA Data Browser, 2025 loan/application records, filtered to home-purchase applications denied, downloaded state by state on October 14, 2026. Public data. Our table is available under CC BY 4.0. Credit "My Credit Guide (mycreditguide.org)".
Steven Reynolds, "Why Mortgage Applications Are Denied, by State," My Credit Guide, October 14, 2026, https://mycreditguide.org/data/mortgage-denial-reasons-by-state/.