Pennymac Loan Services in Texas vs the state
13.1%Denial rate-6.36 pts vs state
21.0%Decision denial rate-3.88 pts vs state
46.4%Origination rate-8.51 pts vs state
6.38%Median rate-0.13 pts vs state
0.23Rate spread (pts)+0.03 pts vs state
$135kMedian applicant income
6,849Loans originated
1,931Denied
Trend in Texas
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 7,814 | 3,467 | 18.3% | 6.50% | #25 |
| 2024 | 10,605 | 4,909 | 15.2% | 6.50% | #17 |
| 2025 | 14,770 | 6,849 | 13.1% | 6.38% | #12 |
What Pennymac Loan Services lends in Texas
By loan purpose
By loan type
Why it denied Texas applicants
Where in Texas
Counties with the most Pennymac Loan Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Harris County | 1,700 | 770 | 245 | 14.4% |
| Collin County | 1,068 | 551 | 129 | 12.1% |
| Bexar County | 1,063 | 475 | 138 | 13.0% |
| Tarrant County | 1,056 | 497 | 127 | 12.0% |
| Denton County | 872 | 427 | 111 | 12.7% |
| Dallas County | 856 | 396 | 129 | 15.1% |
| Travis County | 537 | 283 | 81 | 15.1% |
| Fort Bend County | 503 | 218 | 78 | 15.5% |
| Williamson County | 498 | 239 | 66 | 13.3% |
| Montgomery County | 496 | 232 | 58 | 11.7% |
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: 14,770 applications in 2025, of which 6,849 were originated and 1,931 denied.
13.1% of all applications, or 21.0% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.
The median rate on loans Pennymac Loan Services originated in Texas in 2025 was 6.38%, against a statewide median of 6.50%.
About this data. Figures are Pennymac Loan Services'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