Out of the 26 million mortgage applications in the United States in 2021, roughly 15 million resulted in mortgage originations. That included applications for home purchase, home improvement, refinancing, cash out refinancing, and other purposes. White applicants accounted for approximately 10 million loan originations worth almost 2.9 trillion U.S. dollars, while for Black and African American applicants, this figure stood at roughly 875,000 originations and 222 billion U.S. dollars, respectively. The the number of mortgages originated to Asian applicants was slightly higher at 981,000.
Number of mortgage applications in the United States in 2021, by race and outcome
(in 1,000s)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
FFIEC. (June 16, 2022). Number of mortgage applications in the United States in 2021, by race and outcome (in 1,000s) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1175267/mortgage-application-volume-by-race-and-outcome-usa/
FFIEC. "Number of mortgage applications in the United States in 2021, by race and outcome (in 1,000s)." Chart. June 16, 2022. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1175267/mortgage-application-volume-by-race-and-outcome-usa/
FFIEC. (2022). Number of mortgage applications in the United States in 2021, by race and outcome (in 1,000s). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1175267/mortgage-application-volume-by-race-and-outcome-usa/
FFIEC. "Number of Mortgage Applications in The United States in 2021, by Race and Outcome (in 1,000s)." Statista, Statista Inc., 16 Jun 2022, https://www.statista.com/statistics/1175267/mortgage-application-volume-by-race-and-outcome-usa/
FFIEC, Number of mortgage applications in the United States in 2021, by race and outcome (in 1,000s) Statista, https://www.statista.com/statistics/1175267/mortgage-application-volume-by-race-and-outcome-usa/ (last visited January 08, 2025)
Number of mortgage applications in the United States in 2021, by race and outcome (in 1,000s) [Graph], FFIEC, June 16, 2022. [Online]. Available: https://www.statista.com/statistics/1175267/mortgage-application-volume-by-race-and-outcome-usa/
