NexBank · Texas · 2025

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

NexBank took 1,543 mortgage applications in Texas in 2025, ranking #128 of 1,568 lenders active in the state. It originated 75.9% of them and denied 9.9% (11.3% of the applications it decided), against a statewide denial rate of 19.4%.

1.5kApplicationsin TX
11.3%Decision denial ratestate 24.9%
6.50%Median ratestate 6.50%
$335,000Median loanstate $245,000
$507MVolume94 counties

NexBank in Texas vs the state

9.9%Denial rate-9.58 pts vs state
11.3%Decision denial rate-13.63 pts vs state
75.9%Origination rate+21.01 pts vs state
6.50%Median rate0.00 pts vs state
0.13Rate spread (pts)-0.06 pts vs state
$171kMedian applicant income
1,171Loans originated
152Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,4881,1247.9%6.75%#113
20241,6311,2398.2%6.63%#108
20251,5431,1719.9%6.50%#128

What NexBank lends in Texas

By loan purpose

Home purchase 1,094 71% · 6.1% denied
Refinance 227 15% · 15.4% denied
Cash-out refinance 136 9% · 25.0% denied
Other / HELOC 86 6% · 18.6% denied

By loan type

Conventional 1,489 97% · 10.0% denied
FHA 36 2% · 5.6% denied
VA 18 1% · 5.6% denied

Why it denied Texas applicants

Debt-to-income ratio 55 36%
Collateral 39 26%
Unverifiable information 23 15%
Insufficient cash 15 10%
Other 13 9%
Employment history 3 2%
Credit history 3 2%
Incomplete application 1 1%

Where in Texas

Counties with the most NexBank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Collin County 19315215 7.8%
Dallas County 18713819 10.2%
Harris County 17513518 10.3%
Denton County 16812813 7.7%
Tarrant County 13410113 9.7%
Travis County 1279117 13.4%
Williamson County 62523 4.8%
Fort Bend County 48366 12.5%
Montgomery County 43325 11.6%
Bexar County 34263 8.8%

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: 1,543 applications in 2025, of which 1,171 were originated and 152 denied.

9.9% of all applications, or 11.3% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

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

About this data. Figures are NexBank'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