Bank of America · Texas · 2025

Bank of America in Texas: approval rate, denial rate and rates (2025)

Bank of America took 18,008 mortgage applications in Texas in 2025, ranking #6 of 1,568 lenders active in the state. It originated 34.1% of them and denied 43.0% (55.3% of the applications it decided), against a statewide denial rate of 19.4%.

18kApplicationsin TX
55.3%Decision denial ratestate 24.9%
6.24%Median ratestate 6.50%
$105,000Median loanstate $245,000
$1.8BVolume183 counties

Bank of America in Texas vs the state

43.0%Denial rate+23.61 pts vs state
55.3%Decision denial rate+30.35 pts vs state
34.1%Origination rate-20.78 pts vs state
6.24%Median rate-0.26 pts vs state
0.94Rate spread (pts)+0.75 pts vs state
$120kMedian applicant income
6,141Loans originated
7,751Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
202325,2577,50657.1%6.99%#4
202419,6656,24546.4%6.99%#7
202518,0086,14143.0%6.24%#6

What Bank of America lends in Texas

By loan purpose

Home purchase 3,739 21% · 21.3% denied
Refinance 1,806 10% · 34.6% denied
Cash-out refinance 320 2% · 20.6% denied
Home improvement 7,441 41% · 51.2% denied
Other / HELOC 4,702 26% · 52.2% denied

By loan type

Conventional 17,907 99% · 43.1% denied
FHA 83 0% · 37.4% denied
VA 18 0% · 11.1% denied

Why it denied Texas applicants

Credit history 3,631 47%
Debt-to-income ratio 2,498 32%
Collateral 795 10%
Other 588 8%
Unverifiable information 183 2%
Insufficient cash 36 0%
Employment history 14 0%
Incomplete application 6 0%

Where in Texas

Counties with the most Bank of America applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harris County 3,2461,0921,443 44.5%
Dallas County 2,198784945 43.0%
Tarrant County 1,599567637 39.8%
Collin County 1,480600535 36.1%
Denton County 1,148464430 37.5%
Fort Bend County 1,017334442 43.5%
Bexar County 985285463 47.0%
Travis County 811312309 38.1%
Montgomery County 637252244 38.3%
El Paso County 44990249 55.5%

Other large lenders in Texas

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 56,49111.0%6.25%
Rocket MortgageC 45,65822.4%6.63%
21st MortgageF 37,96145.9%9.94%
Dhi Mortgage CompanyB 26,34813.5%4.50%
Lennar MortgageA 21,95920.5%4.50%
JPMorgan Chase BankB 16,2609.8%6.45%
CMG MortgageA 15,9783.9%6.50%
Vanderbilt Mortgage and FinanceF 15,68344.7%10.50%
Triad Financial ServicesD 15,15850.0%9.35%
NewrezD 15,00121.7%6.50%

Frequently asked questions

Texas: 18,008 applications in 2025, of which 6,141 were originated and 7,751 denied.

43.0% of all applications, or 55.3% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans Bank of America originated in Texas in 2025 was 6.24%, against a statewide median of 6.50%.

About this data. Figures are Bank of America's own HMDA filing for properties located in Texas, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology