More government-backed loans
Loans insured by the Federal Housing Administration (FHA) were 10.1% of its 2025 lending. VA loans (guaranteed by the Department of Veterans Affairs) were 1.9% and RHS loans (guaranteed by the Department of Agriculture's Rural Housing Service) 1.0%. Similar lenders (state member banks making between half and twice as many loans) typically make none. Purchases were 65.4% of its loans, and its typical loan, $265,000, was bigger than at about four in five similar lenders.