PHH Mortgage · Texas · 2025

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

PHH Mortgage took 1,848 mortgage applications in Texas in 2025, ranking #109 of 1,568 lenders active in the state. It originated 36.2% of them and denied 9.5% (20.3% of the applications it decided), against a statewide denial rate of 19.4%.

1.8kApplicationsin TX
20.3%Decision denial ratestate 24.9%
6.50%Median ratestate 6.50%
$255,000Median loanstate $245,000
$205MVolume137 counties

PHH Mortgage in Texas vs the state

9.5%Denial rate-9.96 pts vs state
20.3%Decision denial rate-4.57 pts vs state
36.2%Origination rate-18.68 pts vs state
6.50%Median rate0.00 pts vs state
0.30Rate spread (pts)+0.11 pts vs state
$100kMedian applicant income
669Loans originated
175Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,01129035.8%6.99%#150
20241,44442613.4%6.63%#126
20251,8486699.5%6.50%#109

What PHH Mortgage lends in Texas

By loan purpose

Home purchase 94 5% · 14.9% denied
Refinance 878 48% · 11.4% denied
Cash-out refinance 825 45% · 5.8% denied
Home improvement 51 3% · 25.5% denied

By loan type

Conventional 1,229 67% · 6.8% denied
FHA 428 23% · 19.2% denied
VA 191 10% · 4.7% denied

Why it denied Texas applicants

Other 50 29%
Collateral 44 25%
Insufficient cash 35 20%
Debt-to-income ratio 30 17%
Credit history 12 7%
Unverifiable information 4 2%

Where in Texas

Counties with the most PHH Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harris County 2539524 9.5%
Dallas County 1514615 9.9%
Tarrant County 1295115 11.6%
Collin County 1254418 14.4%
Denton County 105357 6.7%
Bexar County 91288 8.8%
Travis County 76308 10.5%
Williamson County 61222 3.3%
Fort Bend County 58218 13.8%
El Paso County 51141 2.0%

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: 1,848 applications in 2025, of which 669 were originated and 175 denied.

9.5% of all applications, or 20.3% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

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

About this data. Figures are PHH 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