Direct Mortgage Loans · Texas · 2025

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

Direct Mortgage Loans took 119 mortgage applications in Texas in 2025, ranking #519 of 1,568 lenders active in the state. It originated 67.2% of them and denied 4.2% (5.0% of the applications it decided), against a statewide denial rate of 19.4%.

119Applicationsin TX
5.0%Decision denial ratestate 24.9%
6.99%Median ratestate 6.50%
$275,000Median loanstate $245,000
$30MVolume24 counties

Direct Mortgage Loans in Texas vs the state

4.2%Denial rate-15.23 pts vs state
5.0%Decision denial rate-19.95 pts vs state
67.2%Origination rate+12.35 pts vs state
6.99%Median rate+0.49 pts vs state
0.72Rate spread (pts)+0.53 pts vs state
$99kMedian applicant income
80Loans originated
5Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023101711.0%7.25%#551
2024110832.7%7.13%#535
2025119804.2%6.99%#519

What Direct Mortgage Loans lends in Texas

By loan purpose

Home purchase 93 78% · 5.4% denied
Refinance 15 13% · 0.0% denied
Cash-out refinance 2 2% · 0.0% denied
Home improvement 9 8% · 0.0% denied

By loan type

Conventional 69 58% · 4.4% denied
FHA 47 39% · 4.3% denied
VA 3 3% · 0.0% denied

Why it denied Texas applicants

Debt-to-income ratio 2 40%
Unverifiable information 2 40%
Collateral 1 20%

Where in Texas

Counties with the most Direct Mortgage Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harris County 54324 7.4%
Montgomery County 1390 0.0%
Fort Bend County 650 0.0%
Waller County 630 0.0%
Brazoria County 541 20.0%
Collin County 540 0.0%
Liberty County 520 0.0%
Tarrant County 220 0.0%
Hidalgo County 220 0.0%
Galveston County 220 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: 119 applications in 2025, of which 80 were originated and 5 denied.

4.2% of all applications, or 5.0% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans Direct Mortgage Loans originated in Texas in 2025 was 6.99%, against a statewide median of 6.50%.

About this data. Figures are Direct Mortgage Loans'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