M/i Financial in Texas vs the state
3.4%Denial rate-16.08 pts vs state
3.5%Decision denial rate-21.42 pts vs state
84.0%Origination rate+29.14 pts vs state
4.88%Median rate-1.63 pts vs state
-0.95Rate spread (pts)-1.14 pts vs state
$116kMedian applicant income
2,129Loans originated
85Denied
Trend in Texas
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,192 | 1,570 | 1.7% | 5.88% | #84 |
| 2024 | 2,311 | 1,888 | 2.6% | 5.88% | #81 |
| 2025 | 2,534 | 2,129 | 3.4% | 4.88% | #78 |
What M/i Financial lends in Texas
By loan purpose
By loan type
Why it denied Texas applicants
Where in Texas
Counties with the most M/i Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bexar County | 446 | 364 | 9 | 2.0% |
| Denton County | 315 | 263 | 6 | 1.9% |
| Collin County | 275 | 237 | 8 | 2.9% |
| Montgomery County | 253 | 210 | 15 | 5.9% |
| Williamson County | 236 | 198 | 0 | 0.0% |
| Harris County | 188 | 159 | 7 | 3.7% |
| Fort Bend County | 148 | 120 | 15 | 10.1% |
| Tarrant County | 129 | 112 | 7 | 5.4% |
| Guadalupe County | 115 | 97 | 6 | 5.2% |
| Galveston County | 96 | 82 | 5 | 5.2% |
Other large lenders in Texas
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 56,491 | 11.0% | 6.25% |
| Rocket Mortgage | C | 45,658 | 22.4% | 6.63% |
| 21st Mortgage | F | 37,961 | 45.9% | 9.94% |
| Dhi Mortgage Company | B | 26,348 | 13.5% | 4.50% |
| Lennar Mortgage | A | 21,959 | 20.5% | 4.50% |
| Bank of America | F | 18,008 | 43.0% | 6.24% |
| JPMorgan Chase Bank | B | 16,260 | 9.8% | 6.45% |
| CMG Mortgage | A | 15,978 | 3.9% | 6.50% |
| Vanderbilt Mortgage and Finance | F | 15,683 | 44.7% | 10.50% |
| Triad Financial Services | D | 15,158 | 50.0% | 9.35% |
Frequently asked questions
Texas: 2,534 applications in 2025, of which 2,129 were originated and 85 denied.
3.4% of all applications, or 3.5% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.
The median rate on loans M/i Financial originated in Texas in 2025 was 4.88%, against a statewide median of 6.50%.
About this data. Figures are M/i Financial'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