KeyBank · Texas · 2025

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

KeyBank took 31 mortgage applications in Texas in 2025, ranking #796 of 1,568 lenders active in the state. It originated 64.5% of them and denied 12.9% (16.7% of the applications it decided), against a statewide denial rate of 19.4%.

31Applicationsin TX
16.7%Decision denial ratestate 24.9%
6.19%Median ratestate 6.50%
$515,000Median loanstate $245,000
$61MVolume18 counties

KeyBank in Texas vs the state

12.9%Denial rate-6.53 pts vs state
16.7%Decision denial rate-8.23 pts vs state
64.5%Origination rate+9.64 pts vs state
6.19%Median rate-0.31 pts vs state
-0.11Rate spread (pts)-0.30 pts vs state
$246kMedian applicant income
20Loans originated
4Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023704215.7%6.19%#632
2024321815.6%6.85%#773
2025312012.9%6.19%#796

What KeyBank lends in Texas

By loan purpose

Home purchase 24 77% · 8.3% denied
Refinance 5 16% · 0.0% denied
Cash-out refinance 1 3% · 100.0% denied
Home improvement 1 3% · 100.0% denied

By loan type

Conventional 29 94% · 10.3% denied
FHA 2 6% · 50.0% denied

Why it denied Texas applicants

Debt-to-income ratio 2 50%
Incomplete application 1 25%
Other 1 25%

Where in Texas

Counties with the most KeyBank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harris County 822 25.0%
Dallas County 320 0.0%
Erath County 210 0.0%
Williamson County 220 0.0%
Parker County 211 50.0%
Kaufman County 201 50.0%
Hidalgo County 110 0.0%
Lubbock County 110 0.0%
Liberty County 110 0.0%
Fort Bend County 110 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: 31 applications in 2025, of which 20 were originated and 4 denied.

12.9% of all applications, or 16.7% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans KeyBank originated in Texas in 2025 was 6.19%, against a statewide median of 6.50%.

About this data. Figures are KeyBank'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