Legend Bank · Texas · 2025

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

Legend Bank took 147 mortgage applications in Texas in 2025, ranking #477 of 1,568 lenders active in the state. It originated 78.9% of them and denied 10.9% (11.7% of the applications it decided), against a statewide denial rate of 19.4%.

147Applicationsin TX
11.7%Decision denial ratestate 24.9%
Median ratestate 6.50%
$205,000Median loanstate $245,000
$30MVolume21 counties

Legend Bank in Texas vs the state

10.9%Denial rate-8.55 pts vs state
11.7%Decision denial rate-13.22 pts vs state
78.9%Origination rate+24.03 pts vs state
Median rate
Rate spread (pts)
$123kMedian applicant income
116Loans originated
16Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
202317111517.0%#444
202418213512.1%#422
202514711610.9%#477

What Legend Bank lends in Texas

By loan purpose

Home purchase 92 63% · 3.3% denied
Refinance 18 12% · 11.1% denied
Cash-out refinance 23 16% · 26.1% denied
Home improvement 9 6% · 33.3% denied
Other / HELOC 5 3% · 40.0% denied

By loan type

Conventional 146 99% · 11.0% denied
FHA 1 1% · 0.0% denied

Why it denied Texas applicants

Debt-to-income ratio 6 38%
Collateral 4 25%
Credit history 3 19%
Other 2 13%
Incomplete application 1 6%

Where in Texas

Counties with the most Legend Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fannin County 30234 13.3%
Wise County 23201 4.3%
Montague County 17141 5.9%
Wichita County 15120 0.0%
Tarrant County 14103 21.4%
Clay County 1182 18.2%
Grayson County 1181 9.1%
Cooke County 550 0.0%
Delta County 431 25.0%
Lamar County 321 33.3%

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: 147 applications in 2025, of which 116 were originated and 16 denied.

10.9% of all applications, or 11.7% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Legend 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