New Fed Mortgage · Texas · 2025

New Fed Mortgage in Texas: approval rate, denial rate and rates (2025)

New Fed Mortgage took 260 mortgage applications in Texas in 2025, ranking #367 of 1,568 lenders active in the state. It originated 72.7% of them and denied 6.5% (8.2% of the applications it decided), against a statewide denial rate of 19.4%.

260Applicationsin TX
8.2%Decision denial ratestate 24.9%
6.50%Median ratestate 6.50%
$255,000Median loanstate $245,000
$54MVolume39 counties

New Fed Mortgage in Texas vs the state

6.5%Denial rate-12.89 pts vs state
8.2%Decision denial rate-16.69 pts vs state
72.7%Origination rate+17.81 pts vs state
6.50%Median rate0.00 pts vs state
0.33Rate spread (pts)+0.14 pts vs state
$97kMedian applicant income
189Loans originated
17Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
202393711.1%6.75%#569
20242441872.9%6.63%#363
20252601896.5%6.50%#367

What New Fed Mortgage lends in Texas

By loan purpose

Home purchase 237 91% · 5.9% denied
Refinance 15 6% · 13.3% denied
Cash-out refinance 5 2% · 20.0% denied
Home improvement 2 1% · 0.0% denied
Other / HELOC 1 0% · 0.0% denied

By loan type

Conventional 107 41% · 9.4% denied
FHA 113 43% · 6.2% denied
VA 40 15% · 0.0% denied

Why it denied Texas applicants

Collateral 5 29%
Credit history 4 24%
Debt-to-income ratio 3 18%
Unverifiable information 2 12%
Incomplete application 2 12%
Other 1 6%

Where in Texas

Counties with the most New Fed Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bexar County 80543 3.8%
Brazos County 60433 5.0%
Guadalupe County 15110 0.0%
Val Verde County 13120 0.0%
Kerr County 1073 30.0%
Comal County 851 12.5%
Burleson County 770 0.0%
Montgomery County 760 0.0%
Harris County 741 14.3%
Leon County 532 40.0%

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: 260 applications in 2025, of which 189 were originated and 17 denied.

6.5% of all applications, or 8.2% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

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

About this data. Figures are New Fed Mortgage'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