Bay Equity · Texas · 2025

Bay Equity in Texas: approval rate, denial rate and rates (2025)

Bay Equity took 477 mortgage applications in Texas in 2025, ranking #266 of 1,568 lenders active in the state. It originated 63.3% of them and denied 2.9% (4.4% of the applications it decided), against a statewide denial rate of 19.4%.

477Applicationsin TX
4.4%Decision denial ratestate 24.9%
6.63%Median ratestate 6.50%
$325,000Median loanstate $245,000
$108MVolume49 counties

Bay Equity in Texas vs the state

2.9%Denial rate-16.49 pts vs state
4.4%Decision denial rate-20.50 pts vs state
63.3%Origination rate+8.43 pts vs state
6.63%Median rate+0.13 pts vs state
0.21Rate spread (pts)+0.02 pts vs state
$145kMedian applicant income
302Loans originated
14Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239125962.5%6.63%#165
20241,1878292.4%6.63%#145
20254773022.9%6.63%#266

What Bay Equity lends in Texas

By loan purpose

Home purchase 460 96% · 2.8% denied
Refinance 8 2% · 12.5% denied
Cash-out refinance 9 2% · 0.0% denied

By loan type

Conventional 327 69% · 2.1% denied
FHA 98 21% · 4.1% denied
VA 52 11% · 5.8% denied

Why it denied Texas applicants

Employment history 6 43%
Debt-to-income ratio 5 36%
Credit history 3 21%

Where in Texas

Counties with the most Bay Equity applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harris County 71472 2.8%
Travis County 65401 1.5%
Bexar County 52351 1.9%
Collin County 45233 6.7%
Tarrant County 37290 0.0%
Williamson County 30160 0.0%
Dallas County 29141 3.4%
Denton County 27151 3.7%
Montgomery County 15110 0.0%
Hays County 1170 0.0%

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%
Bank of AmericaF 18,00843.0%6.24%
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%

Frequently asked questions

Texas: 477 applications in 2025, of which 302 were originated and 14 denied.

2.9% of all applications, or 4.4% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans Bay Equity originated in Texas in 2025 was 6.63%, against a statewide median of 6.50%.

About this data. Figures are Bay Equity'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