First Equity Mortgage in Texas vs the state
12.6%Denial rate-6.84 pts vs state
19.4%Decision denial rate-5.54 pts vs state
52.4%Origination rate-2.47 pts vs state
6.38%Median rate-0.13 pts vs state
0.06Rate spread (pts)-0.13 pts vs state
$251kMedian applicant income
304Loans originated
73Denied
Trend in Texas
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 718 | 387 | 10.6% | 6.00% | #206 |
| 2024 | 562 | 329 | 10.9% | 6.50% | #236 |
| 2025 | 580 | 304 | 12.6% | 6.38% | #237 |
What First Equity Mortgage lends in Texas
By loan purpose
By loan type
Why it denied Texas applicants
Where in Texas
Counties with the most First Equity Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Collin County | 174 | 86 | 30 | 17.2% |
| Denton County | 66 | 41 | 2 | 3.0% |
| Montgomery County | 55 | 30 | 4 | 7.3% |
| Williamson County | 51 | 29 | 3 | 5.9% |
| Travis County | 37 | 24 | 4 | 10.8% |
| Tarrant County | 36 | 18 | 2 | 5.6% |
| Brazoria County | 32 | 12 | 5 | 15.6% |
| Fort Bend County | 28 | 17 | 6 | 21.4% |
| Rockwall County | 19 | 10 | 3 | 15.8% |
| Parker County | 17 | 15 | 0 | 0.0% |
Other large lenders in Texas
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 56,491 | 11.0% | 6.25% |
| Rocket Mortgage | C | 45,658 | 22.4% | 6.63% |
| 21st Mortgage | F | 37,961 | 45.9% | 9.94% |
| Dhi Mortgage Company | B | 26,348 | 13.5% | 4.50% |
| Lennar Mortgage | A | 21,959 | 20.5% | 4.50% |
| Bank of America | F | 18,008 | 43.0% | 6.24% |
| JPMorgan Chase Bank | B | 16,260 | 9.8% | 6.45% |
| CMG Mortgage | A | 15,978 | 3.9% | 6.50% |
| Vanderbilt Mortgage and Finance | F | 15,683 | 44.7% | 10.50% |
| Triad Financial Services | D | 15,158 | 50.0% | 9.35% |
Frequently asked questions
Texas: 580 applications in 2025, of which 304 were originated and 73 denied.
12.6% of all applications, or 19.4% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.
The median rate on loans First Equity Mortgage originated in Texas in 2025 was 6.38%, against a statewide median of 6.50%.
About this data. Figures are First Equity 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