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Idaho mortgage lending data

West region · HMDA 2023 reporting year

In Idaho, the 2023 mortgage denial rate was 16.5% — below the national denial rate (-3.1 points vs the 19.6% national rate), ranking it #38 of 51. Lenders originated about 33,653 home-purchase and refinance loans (rank #36). The home-purchase denial rate was 9.9% and refinance 29.9%. By loan type, conventional loans were 81.7%, FHA 11.7%, VA 6.4% and USDA/RHS 0.3%. Informational data, not lending advice.

Source: HMDA Data Browser (FFIEC / CFPB). Data as of June 2026.

Idaho mortgage lending at a glance

IndicatorIdaho
Total originations (purchase + refinance, 2023)33,653
Denied applications6,648
Mortgage denial rate16.5%
Denial-rate rank (1 = highest of 51)#38
Home-purchase denial rate9.9%
Refinance denial rate29.9%
Volume rank (1 = most loans of 51)#36

Source: HMDA Data Browser (FFIEC / CFPB) (2023 reporting year). Data as of June 2026.

Source: HMDA Data Browser (2023), public domain. Denial rate = denied ÷ (originated + denied). Informational only — verify before relying on it.

What the denial rate means

Idaho's mortgage denial rate of 16.5% means that for every 100 applications that were either approved-and-originated or denied, about 17 were turned down. That is lower compared with the national figure of 19.6%. Denial rates are driven by applicant credit scores, debt-to-income ratios, the loan type and local home prices — not only by how strict lenders are. Refinance applications are often denied at a different rate than purchase loans: in Idaho the purchase denial rate was 9.9% versus 29.9% for refinances.

Idaho loan-type mix

How Idaho's 33,653 originations break down by loan program. A higher FHA or VA share usually points to more first-time buyers, lower down payments, or a large veteran population.

Loan typeOriginationsShare
Conventional35,62581.7%
FHA5,08211.7%
VA2,7836.4%
USDA / RHS1090.3%

Source: HMDA Data Browser (FFIEC / CFPB) (2023). Data as of June 2026.

See FHA vs VA vs conventional for what each program is. Shares are over loans with a reported type and may not sum to exactly 100% due to rounding.

States with a similar denial rate to Idaho

Idaho and its nearest peers by denial rate. Source: HMDA Data Browser (2023).
StateDenial rateOriginationsFHA shareVA share
Idaho (this state)16.5%33,65311.7%6.4%
Illinois16.5%158,84112.3%4.0%
Montana16.6%14,12510.6%9.0%
Vermont16.7%7,7885.2%3.5%
Colorado16.8%102,03411.4%7.9%
Oregon16.0%51,82310.8%5.0%

Frequently asked questions

What was the mortgage denial rate in Idaho in 2023?

In 2023, the mortgage denial rate in Idaho was about 16.5% — that is, 6,648 applications were denied out of 40,301 that were either originated or denied. That is -3.1 points versus the national rate of 19.6%, and ranks Idaho #38 of 51 from highest to lowest. Figures are from HMDA; verify before relying on them.

How many mortgages were originated in Idaho?

Lenders originated about 33,653 home-purchase and refinance loans in Idaho in 2023 (HMDA reporting year), ranking it #36 of 51 by volume. Of those, the home-purchase denial rate was 9.9% and the refinance denial rate was 29.9%.

What share of Idaho mortgages are FHA or VA loans?

In Idaho, FHA loans made up about 11.7% of originations and VA loans about 6.4%, with conventional loans the largest share at 81.7% and USDA/RHS loans 0.3%. Higher government-backed shares often reflect more first-time and lower-down-payment buyers.

Is it harder to get a mortgage in Idaho than elsewhere?

Idaho's denial rate of 16.5% is below the national denial rate. Denial rates reflect applicant credit, income and debt, loan type and local home prices as much as lender behavior, so a higher rate does not by itself mean stricter lenders. States with the most similar denial rates to Idaho are Illinois, Montana, Vermont.

Keep exploring

Sources & accuracy

All counts are from the HMDA Data Browser (FFIEC / CFPB, 2023 reporting year, public domain). Denial rate, loan-type shares and ranks are transparent calculations over those counts (see methodology). This page is informational and is not financial or lending advice — verify with a licensed lender before making a decision.

Last updated: 2026-06-20