Cake Mortgage · Texas · 2025

Cake Mortgage in Texas: approval rate, denial rate and rates (2025)

Cake Mortgage took 184 mortgage applications in Texas in 2025, ranking #431 of 1,568 lenders active in the state. It originated 50.0% of them and denied 9.8% (16.4% of the applications it decided), against a statewide denial rate of 19.4%.

184Applicationsin TX
16.4%Decision denial ratestate 24.9%
7.69%Median ratestate 6.50%
$405,000Median loanstate $245,000
$59MVolume41 counties

Cake Mortgage in Texas vs the state

9.8%Denial rate-9.65 pts vs state
16.4%Decision denial rate-8.54 pts vs state
50.0%Origination rate-4.88 pts vs state
7.69%Median rate+1.19 pts vs state
1.36Rate spread (pts)+1.17 pts vs state
$276kMedian applicant income
92Loans originated
18Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
202316818.8%6.75%#926
202486285.8%7.75%#580
2025184929.8%7.69%#431

What Cake Mortgage lends in Texas

By loan purpose

Home purchase 99 54% · 6.1% denied
Refinance 29 16% · 20.7% denied
Cash-out refinance 56 30% · 10.7% denied

By loan type

Conventional 179 97% · 8.9% denied
FHA 5 3% · 40.0% denied

Why it denied Texas applicants

Incomplete application 9 50%
Other 6 33%
Unverifiable information 3 17%

Where in Texas

Counties with the most Cake Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harris County 43273 7.0%
Fort Bend County 25153 12.0%
Tarrant County 1342 15.4%
Montgomery County 1272 16.7%
Travis County 951 11.1%
Williamson County 830 0.0%
Dallas County 850 0.0%
Bexar County 610 0.0%
Galveston County 630 0.0%
Collin County 520 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: 184 applications in 2025, of which 92 were originated and 18 denied.

9.8% of all applications, or 16.4% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans Cake Mortgage originated in Texas in 2025 was 7.69%, against a statewide median of 6.50%.

About this data. Figures are Cake Mortgage'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