Newrez · Texas · 2025

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

Newrez took 15,001 mortgage applications in Texas in 2025, ranking #11 of 1,568 lenders active in the state. It originated 32.0% of them and denied 21.7% (40.0% of the applications it decided), against a statewide denial rate of 19.4%.

15kApplicationsin TX
40.0%Decision denial ratestate 24.9%
6.50%Median ratestate 6.50%
$235,000Median loanstate $245,000
$1.6BVolume213 counties

Newrez in Texas vs the state

21.7%Denial rate+2.28 pts vs state
40.0%Decision denial rate+15.07 pts vs state
32.0%Origination rate-22.93 pts vs state
6.50%Median rate0.00 pts vs state
0.28Rate spread (pts)+0.09 pts vs state
$109kMedian applicant income
4,793Loans originated
3,257Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236,5101,85526.5%6.75%#32
20249,1092,78325.1%6.63%#21
202515,0014,79321.7%6.50%#11

What Newrez lends in Texas

By loan purpose

Home purchase 3,305 22% · 8.7% denied
Refinance 4,214 28% · 17.4% denied
Cash-out refinance 7,474 50% · 29.9% denied
Home improvement 2 0% · 50.0% denied
Other / HELOC 6 0% · 50.0% denied

By loan type

Conventional 11,296 75% · 24.6% denied
FHA 1,612 11% · 22.3% denied
VA 2,061 14% · 5.4% denied
USDA / RHS 32 0% · 25.0% denied

Why it denied Texas applicants

Debt-to-income ratio 2,179 67%
Credit history 453 14%
Collateral 200 6%
Other 144 4%
Unverifiable information 126 4%
Insufficient cash 102 3%
Employment history 52 2%
Incomplete application 1 0%

Where in Texas

Counties with the most Newrez applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harris County 1,972540525 26.6%
Bexar County 1,130381249 22.0%
Dallas County 1,068281266 24.9%
Tarrant County 1,067340248 23.2%
Collin County 804313100 12.4%
Denton County 710204126 17.7%
Fort Bend County 536132120 22.4%
Travis County 50917391 17.9%
Williamson County 45716575 16.4%
El Paso County 410119107 26.1%

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: 15,001 applications in 2025, of which 4,793 were originated and 3,257 denied.

21.7% of all applications, or 40.0% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

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

About this data. Figures are Newrez'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