Classic Bank · Texas · 2025

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

Classic Bank took 85 mortgage applications in Texas in 2025, ranking #593 of 1,568 lenders active in the state. It originated 69.4% of them and denied 16.5% (17.7% of the applications it decided), against a statewide denial rate of 19.4%.

85Applicationsin TX
17.7%Decision denial ratestate 24.9%
Median ratestate 6.50%
$205,000Median loanstate $245,000
$16MVolume20 counties

Classic Bank in Texas vs the state

16.5%Denial rate-2.96 pts vs state
17.7%Decision denial rate-7.18 pts vs state
69.4%Origination rate+14.53 pts vs state
Median rate
Rate spread (pts)
$140kMedian applicant income
59Loans originated
14Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
202318113316.0%#424
20241046011.5%#550
2025855916.5%#593

What Classic Bank lends in Texas

By loan purpose

Home purchase 40 47% · 7.5% denied
Refinance 11 13% · 18.2% denied
Home improvement 25 29% · 24.0% denied
Other / HELOC 9 11% · 33.3% denied

By loan type

Conventional 85 100% · 16.5% denied

Why it denied Texas applicants

Debt-to-income ratio 9 64%
Credit history 3 21%
Other 1 7%
Collateral 1 7%

Where in Texas

Counties with the most Classic Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milam County 25157 28.0%
Lee County 14112 14.3%
Bastrop County 952 22.2%
Williamson County 841 12.5%
Falls County 760 0.0%
Bell County 550 0.0%
Travis County 330 0.0%
Fayette County 220 0.0%
Brazos County 110 0.0%
Harris County 110 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: 85 applications in 2025, of which 59 were originated and 14 denied.

16.5% of all applications, or 17.7% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Classic 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