Mortgage Access Dashboard

HMDA data reveals persistent racial disparities in mortgage lending — even at the same income levels.

Source: CFPB Summary of 2023 HMDA Data (conventional closed-end home purchase loans, first lien, 1-4 family, site-built, owner-occupied)

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Black mortgage applicants are denied at 2.9× the rate of White applicants (16.6% vs 5.8%), even after controlling for income — one of the widest gaps in a decade. Explore racial equity data →

Overall Denial Rate

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10.8%

Conventional home purchase

Black Denial Rate

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16.6%

2.9× the White denial rate

Rate Gap

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+0.16%

Black vs White avg interest rate

Applications

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10M

5.7M originated

Denial Rate by Race

Interest Rate by Race

Denial by Race & Income Level

Approval Rate Trend

Top Denial Reasons