BMO Bank · Texas · 2025

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

BMO Bank took 85 mortgage applications in Texas in 2025, ranking #595 of 1,568 lenders active in the state. It originated 41.2% of them and denied 23.5% (35.7% of the applications it decided), against a statewide denial rate of 19.4%.

85Applicationsin TX
35.7%Decision denial ratestate 24.9%
6.25%Median ratestate 6.50%
$605,000Median loanstate $245,000
$34MVolume22 counties

BMO Bank in Texas vs the state

23.5%Denial rate+4.10 pts vs state
35.7%Decision denial rate+10.81 pts vs state
41.2%Origination rate-13.70 pts vs state
6.25%Median rate-0.25 pts vs state
0.02Rate spread (pts)-0.17 pts vs state
$377kMedian applicant income
35Loans originated
20Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
202332120616.2%6.25%#315
202434919619.2%6.81%#299
2025853523.5%6.25%#595

What BMO Bank lends in Texas

By loan purpose

Home purchase 70 82% · 21.4% denied
Refinance 7 8% · 42.9% denied
Cash-out refinance 2 2% · 50.0% denied
Other / HELOC 6 7% · 16.7% denied

By loan type

Conventional 83 98% · 21.7% denied
FHA 2 2% · 100.0% denied

Why it denied Texas applicants

Incomplete application 7 35%
Debt-to-income ratio 5 25%
Other 5 25%
Collateral 2 10%
Credit history 1 5%

Where in Texas

Counties with the most BMO Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harris County 2066 30.0%
Dallas County 1162 18.2%
Travis County 1032 20.0%
Tarrant County 831 12.5%
Williamson County 512 40.0%
Brazos County 430 0.0%
Fort Bend County 411 25.0%
Collin County 311 33.3%
Nueces County 211 50.0%
Harrison County 211 50.0%

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: 85 applications in 2025, of which 35 were originated and 20 denied.

23.5% of all applications, or 35.7% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans BMO Bank originated in Texas in 2025 was 6.25%, against a statewide median of 6.50%.

About this data. Figures are BMO Bank'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