U.S. mortgage delinquency rates by loan type 2021

This statistic presents the mortgage delinquency rates in the United States from the fourth quarter of 2019 to the second quarter of 2021, by loan type. Under the effects of the coronavirus crisis, delinquency rates spiked in the second quarter of 2020, followed by gradual decline in the second quarter of the year. As of the second quarter of 2021, 5.47 percent of one-to-four family housing mortgage loans were 30 days or more delinquent. This percentage was lower for conventional loans (3.89 percent) and roughly three times higher for Federal Housing Administration (FHA) loans.

Mortgage delinquency rates in the United States from 4th quarter 2019 to 2nd quarter 2021, by loan type

Loan type	Total	Conventional loans	Federal Housing Administration loans	Veterans Administration loans
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Release date

August 2021

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Region

United States

Survey time period

Q4 2019 to Q2 2021

Supplementary notes

Covers one- to four-family residential non farm mortgage loans. Mortgage origination is the making of a new mortgage, including all steps taken by a lender to attract and qualify a borrower, process the mortgage loan, and place it on the lender’s books. Based on the national Delinquency Survey which covers 45 million loans on one- to four unit properties, representing between 80 to 85 percent of all 'first lien' residential mortgage loan outstanding. Loans surveyed were reported by approximately 120 lenders, including mortgage bankers, commercial banks and thrifts.
Number of loans delinquent 30 days or more as percentage of mortgage loans serviced in survey. Annual average of quarterly figures. Delinquency rate does not include loans in the process of foreclosure.

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