First State Bank · Texas · 2025

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

First State Bank took 313 mortgage applications in Texas in 2025, ranking #333 of 1,568 lenders active in the state. It originated 65.2% of them and denied 6.4% (8.9% of the applications it decided), against a statewide denial rate of 19.4%.

313Applicationsin TX
8.9%Decision denial ratestate 24.9%
6.75%Median ratestate 6.50%
$265,000Median loanstate $245,000
$62MVolume21 counties

First State Bank in Texas vs the state

6.4%Denial rate-13.04 pts vs state
8.9%Decision denial rate-16.01 pts vs state
65.2%Origination rate+10.30 pts vs state
6.75%Median rate+0.25 pts vs state
0.33Rate spread (pts)+0.14 pts vs state
$138kMedian applicant income
204Loans originated
20Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233342425.1%7.00%#309
20243042217.2%7.00%#323
20253132046.4%6.75%#333

What First State Bank lends in Texas

By loan purpose

Home purchase 193 62% · 4.2% denied
Refinance 51 16% · 5.9% denied
Cash-out refinance 34 11% · 14.7% denied
Home improvement 13 4% · 7.7% denied
Other / HELOC 22 7% · 13.6% denied

By loan type

Conventional 274 88% · 6.9% denied
FHA 30 10% · 3.3% denied
VA 7 2% · 0.0% denied
USDA / RHS 2 1% · 0.0% denied

Why it denied Texas applicants

Credit history 7 35%
Debt-to-income ratio 5 25%
Collateral 4 20%
Other 3 15%
Insufficient cash 1 5%

Where in Texas

Counties with the most First State Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cooke County 85581 1.2%
Grayson County 60359 15.0%
Denton County 54384 7.4%
McLennan County 24181 4.2%
Wise County 24182 8.3%
Montague County 19120 0.0%
Tarrant County 1781 5.9%
Collin County 1361 7.7%
Fannin County 320 0.0%
Moore County 210 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: 313 applications in 2025, of which 204 were originated and 20 denied.

6.4% of all applications, or 8.9% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans First State Bank originated in Texas in 2025 was 6.75%, against a statewide median of 6.50%.

About this data. Figures are First State 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