GMFS · Texas · 2025

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

GMFS took 83 mortgage applications in Texas in 2025, ranking #599 of 1,568 lenders active in the state. It originated 39.8% of them and denied 1.2% (1.6% of the applications it decided), against a statewide denial rate of 19.4%.

83Applicationsin TX
1.6%Decision denial ratestate 24.9%
6.63%Median ratestate 6.50%
$355,000Median loanstate $245,000
$11MVolume23 counties

GMFS in Texas vs the state

1.2%Denial rate-18.23 pts vs state
1.6%Decision denial rate-23.29 pts vs state
39.8%Origination rate-15.12 pts vs state
6.63%Median rate+0.13 pts vs state
0.30Rate spread (pts)+0.10 pts vs state
$143kMedian applicant income
33Loans originated
1Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231621143.7%6.63%#457
20243362671.5%6.50%#306
202583331.2%6.63%#599

What GMFS lends in Texas

By loan purpose

Home purchase 53 64% · 0.0% denied
Refinance 12 14% · 0.0% denied
Cash-out refinance 10 12% · 10.0% denied
Home improvement 7 8% · 0.0% denied
Other / HELOC 1 1% · 0.0% denied

By loan type

Conventional 65 78% · 1.5% denied
FHA 15 18% · 0.0% denied
VA 3 4% · 0.0% denied

Why it denied Texas applicants

Debt-to-income ratio 1 100%

Where in Texas

Counties with the most GMFS applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harris County 14100 0.0%
Wise County 1460 0.0%
Denton County 920 0.0%
Dallas County 920 0.0%
Collin County 700 0.0%
Fort Bend County 520 0.0%
Parker County 400 0.0%
Tarrant County 310 0.0%
Bosque County 200 0.0%
Walker 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: 83 applications in 2025, of which 33 were originated and 1 denied.

1.2% of all applications, or 1.6% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans GMFS originated in Texas in 2025 was 6.63%, against a statewide median of 6.50%.

About this data. Figures are GMFS'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