Legend Lending · Texas · 2025

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

Legend Lending took 1,032 mortgage applications in Texas in 2025, ranking #168 of 1,568 lenders active in the state. It originated 74.1% of them and denied 0.8% (1.0% of the applications it decided), against a statewide denial rate of 19.4%.

1.0kApplicationsin TX
1.0%Decision denial ratestate 24.9%
6.63%Median ratestate 6.50%
$285,000Median loanstate $245,000
$234MVolume54 counties

Legend Lending in Texas vs the state

0.8%Denial rate-18.65 pts vs state
1.0%Decision denial rate-23.87 pts vs state
74.1%Origination rate+19.25 pts vs state
6.63%Median rate+0.13 pts vs state
0.52Rate spread (pts)+0.33 pts vs state
$135kMedian applicant income
765Loans originated
8Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239716590.7%6.75%#154
20241,1078110.9%6.88%#155
20251,0327650.8%6.63%#168

What Legend Lending lends in Texas

By loan purpose

Home purchase 883 86% · 0.8% denied
Refinance 60 6% · 0.0% denied
Cash-out refinance 89 9% · 1.1% denied

By loan type

Conventional 739 72% · 0.7% denied
FHA 219 21% · 1.4% denied
VA 74 7% · 0.0% denied

Why it denied Texas applicants

Collateral 3 38%
Debt-to-income ratio 2 25%
Unverifiable information 2 25%
Credit history 1 13%

Where in Texas

Counties with the most Legend Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harris County 3462522 0.6%
Galveston County 1451030 0.0%
Montgomery County 1311002 1.5%
Fort Bend County 103780 0.0%
Brazoria County 57451 1.8%
Nueces County 49392 4.1%
San Patricio County 43370 0.0%
Chambers County 23200 0.0%
Williamson County 22130 0.0%
Travis County 1170 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: 1,032 applications in 2025, of which 765 were originated and 8 denied.

0.8% of all applications, or 1.0% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

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

About this data. Figures are Legend Lending'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