Nova Financial & Investment · Texas · 2025

Nova Financial & Investment in Texas: approval rate, denial rate and rates (2025)

Nova Financial & Investment took 82 mortgage applications in Texas in 2025, ranking #601 of 1,568 lenders active in the state. It originated 69.5% of them and denied 19.5% (21.9% of the applications it decided), against a statewide denial rate of 19.4%.

82Applicationsin TX
21.9%Decision denial ratestate 24.9%
6.49%Median ratestate 6.50%
$340,000Median loanstate $245,000
$26MVolume25 counties

Nova Financial & Investment in Texas vs the state

19.5%Denial rate+0.08 pts vs state
21.9%Decision denial rate-2.98 pts vs state
69.5%Origination rate+14.63 pts vs state
6.49%Median rate-0.01 pts vs state
0.21Rate spread (pts)+0.01 pts vs state
$10kMedian applicant income
57Loans originated
16Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
202360376.7%6.88%#668
202462348.1%6.87%#644
2025825719.5%6.49%#601

What Nova Financial & Investment lends in Texas

By loan purpose

Home purchase 59 72% · 10.2% denied
Refinance 10 12% · 30.0% denied
Cash-out refinance 13 16% · 53.9% denied

By loan type

Conventional 52 63% · 26.9% denied
FHA 17 21% · 0.0% denied
VA 13 16% · 15.4% denied

Why it denied Texas applicants

Incomplete application 11 69%
Credit history 2 13%
Debt-to-income ratio 2 13%
Employment history 1 6%

Where in Texas

Counties with the most Nova Financial & Investment applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Tarrant County 13121 7.7%
Travis County 1191 9.1%
Dallas County 961 11.1%
Ellis County 963 33.3%
El Paso County 421 25.0%
Williamson County 430 0.0%
Bell County 303 100.0%
Montgomery County 310 0.0%
Bexar County 321 33.3%
Lubbock County 220 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: 82 applications in 2025, of which 57 were originated and 16 denied.

19.5% of all applications, or 21.9% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans Nova Financial & Investment originated in Texas in 2025 was 6.49%, against a statewide median of 6.50%.

About this data. Figures are Nova Financial & Investment'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