Lower · Texas · 2025

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

Lower took 2,648 mortgage applications in Texas in 2025, ranking #77 of 1,568 lenders active in the state. It originated 66.2% of them and denied 6.4% (8.7% of the applications it decided), against a statewide denial rate of 19.4%.

2.6kApplicationsin TX
8.7%Decision denial ratestate 24.9%
6.50%Median ratestate 6.50%
$345,000Median loanstate $245,000
$651MVolume118 counties

Lower in Texas vs the state

6.4%Denial rate-13.01 pts vs state
8.7%Decision denial rate-16.16 pts vs state
66.2%Origination rate+11.28 pts vs state
6.50%Median rate0.00 pts vs state
0.24Rate spread (pts)+0.05 pts vs state
$137kMedian applicant income
1,752Loans originated
170Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,3311,0336.2%6.38%#122
20244,5202,9635.3%6.63%#41
20252,6481,7526.4%6.50%#77

What Lower lends in Texas

By loan purpose

Home purchase 2,116 80% · 5.0% denied
Refinance 272 10% · 7.7% denied
Cash-out refinance 260 10% · 16.5% denied

By loan type

Conventional 1,647 62% · 5.7% denied
FHA 698 26% · 7.9% denied
VA 290 11% · 6.6% denied
USDA / RHS 13 0% · 23.1% denied

Why it denied Texas applicants

Debt-to-income ratio 83 49%
Credit history 27 16%
Collateral 27 16%
Other 12 7%
Incomplete application 8 5%
Employment history 6 4%
Unverifiable information 5 3%
Insufficient cash 2 1%

Where in Texas

Counties with the most Lower applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Collin County 3142287 2.2%
Tarrant County 25616712 4.7%
Hidalgo County 22216016 7.2%
Denton County 21914112 5.5%
Dallas County 2001457 3.5%
Harris County 1145714 12.3%
El Paso County 101669 8.9%
Johnson County 95666 6.3%
Ellis County 93724 4.3%
Cameron County 89618 9.0%

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: 2,648 applications in 2025, of which 1,752 were originated and 170 denied.

6.4% of all applications, or 8.7% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

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

About this data. Figures are Lower'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