First Option Mortgage in Texas vs the state
4.7%Denial rate-14.69 pts vs state
6.2%Decision denial rate-18.70 pts vs state
59.7%Origination rate+4.80 pts vs state
6.63%Median rate+0.13 pts vs state
0.45Rate spread (pts)+0.26 pts vs state
$98kMedian applicant income
302Loans originated
24Denied
Trend in Texas
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 263 | 189 | 1.5% | 6.88% | #345 |
| 2024 | 337 | 238 | 0.9% | 6.75% | #305 |
| 2025 | 506 | 302 | 4.7% | 6.63% | #259 |
What First Option Mortgage lends in Texas
By loan purpose
By loan type
Why it denied Texas applicants
Where in Texas
Counties with the most First Option Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Webb County | 147 | 111 | 3 | 2.0% |
| Dallas County | 58 | 31 | 3 | 5.2% |
| Denton County | 31 | 14 | 2 | 6.5% |
| Harris County | 29 | 12 | 2 | 6.9% |
| El Paso County | 25 | 15 | 1 | 4.0% |
| Tarrant County | 19 | 9 | 2 | 10.5% |
| Bexar County | 15 | 8 | 0 | 0.0% |
| Collin County | 15 | 9 | 1 | 6.7% |
| Ellis County | 13 | 10 | 0 | 0.0% |
| Williamson County | 12 | 9 | 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: 506 applications in 2025, of which 302 were originated and 24 denied.
4.7% of all applications, or 6.2% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.
The median rate on loans First Option Mortgage originated in Texas in 2025 was 6.63%, against a statewide median of 6.50%.
About this data. Figures are First Option 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