Fay Servicing · Texas · 2025

Fay Servicing in Texas: approval rate, denial rate and rates (2025)

Fay Servicing took 70 mortgage applications in Texas in 2025, ranking #636 of 1,568 lenders active in the state. It originated 11.4% of them and denied 32.9% (69.7% of the applications it decided), against a statewide denial rate of 19.4%.

70Applicationsin TX
69.7%Decision denial ratestate 24.9%
6.75%Median ratestate 6.50%
$235,000Median loanstate $245,000
$3.4MVolume25 counties

Fay Servicing in Texas vs the state

32.9%Denial rate+13.43 pts vs state
69.7%Decision denial rate+44.80 pts vs state
11.4%Origination rate-43.45 pts vs state
6.75%Median rate+0.25 pts vs state
0.10Rate spread (pts)-0.10 pts vs state
$104kMedian applicant income
8Loans originated
23Denied

What Fay Servicing lends in Texas

By loan purpose

Home purchase 4 6% · 25.0% denied
Refinance 42 60% · 35.7% denied
Cash-out refinance 24 34% · 29.2% denied

By loan type

Conventional 65 93% · 29.2% denied
FHA 5 7% · 80.0% denied

Why it denied Texas applicants

Debt-to-income ratio 14 61%
Credit history 7 30%
Collateral 2 9%

Where in Texas

Counties with the most Fay Servicing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Dallas County 1114 36.4%
Collin County 905 55.6%
Harris County 923 33.3%
Tarrant County 711 14.3%
Bexar County 311 33.3%
Hidalgo County 301 33.3%
Nueces County 300 0.0%
Fort Bend County 311 33.3%
El Paso County 201 50.0%
Travis County 200 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: 70 applications in 2025, of which 8 were originated and 23 denied.

32.9% of all applications, or 69.7% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans Fay Servicing originated in Texas in 2025 was 6.75%, against a statewide median of 6.50%.

About this data. Figures are Fay Servicing'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