Lrs Financial Network · Texas · 2025

Lrs Financial Network in Texas: approval rate, denial rate and rates (2025)

Lrs Financial Network took 245 mortgage applications in Texas in 2025, ranking #378 of 1,568 lenders active in the state. It originated 85.3% of them and denied 1.6% (1.9% of the applications it decided), against a statewide denial rate of 19.4%.

245Applicationsin TX
1.9%Decision denial ratestate 24.9%
6.63%Median ratestate 6.50%
$355,000Median loanstate $245,000
$85MVolume26 counties

Lrs Financial Network in Texas vs the state

1.6%Denial rate-17.80 pts vs state
1.9%Decision denial rate-23.02 pts vs state
85.3%Origination rate+30.43 pts vs state
6.63%Median rate+0.13 pts vs state
0.15Rate spread (pts)-0.04 pts vs state
$182kMedian applicant income
209Loans originated
4Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233052484.3%6.75%#322
20242922353.8%6.63%#326
20252452091.6%6.63%#378

What Lrs Financial Network lends in Texas

By loan purpose

Home purchase 230 94% · 1.7% denied
Refinance 8 3% · 0.0% denied
Cash-out refinance 7 3% · 0.0% denied

By loan type

Conventional 202 82% · 2.0% denied
FHA 33 13% · 0.0% denied
VA 9 4% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Texas applicants

Collateral 2 50%
Debt-to-income ratio 1 25%
Employment history 1 25%

Where in Texas

Counties with the most Lrs Financial Network applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Midland County 1761521 0.6%
Burnet County 960 0.0%
Tarrant County 870 0.0%
Ector County 880 0.0%
Lubbock County 550 0.0%
Llano County 531 20.0%
Denton County 430 0.0%
Howard County 310 0.0%
Hood County 330 0.0%
Travis County 330 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: 245 applications in 2025, of which 209 were originated and 4 denied.

1.6% of all applications, or 1.9% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

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

About this data. Figures are Lrs Financial Network'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