Red Diamond Home Loans · Texas · 2025

Red Diamond Home Loans in Texas: approval rate, denial rate and rates (2025)

Red Diamond Home Loans took 65 mortgage applications in Texas in 2025, ranking #652 of 1,568 lenders active in the state. It originated 83.1% of them and denied 1.5% (1.7% of the applications it decided), against a statewide denial rate of 19.4%.

65Applicationsin TX
1.7%Decision denial ratestate 24.9%
6.63%Median ratestate 6.50%
$305,000Median loanstate $245,000
$18MVolume20 counties

Red Diamond Home Loans in Texas vs the state

1.5%Denial rate-17.89 pts vs state
1.7%Decision denial rate-23.21 pts vs state
83.1%Origination rate+28.20 pts vs state
6.63%Median rate+0.13 pts vs state
0.25Rate spread (pts)+0.05 pts vs state
$112kMedian applicant income
54Loans originated
1Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
202354425.6%6.88%#697
202565541.5%6.63%#652

What Red Diamond Home Loans lends in Texas

By loan purpose

Home purchase 50 77% · 2.0% denied
Refinance 11 17% · 0.0% denied
Cash-out refinance 4 6% · 0.0% denied

By loan type

Conventional 40 62% · 0.0% denied
FHA 20 31% · 5.0% denied
VA 5 8% · 0.0% denied

Why it denied Texas applicants

Insufficient cash 1 100%

Where in Texas

Counties with the most Red Diamond Home Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Tarrant County 18170 0.0%
Denton County 1090 0.0%
Hunt County 980 0.0%
Collin County 550 0.0%
Smith County 320 0.0%
Dallas County 310 0.0%
Delta County 310 0.0%
Ellis County 211 50.0%
Rains County 110 0.0%
Harris County 110 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: 65 applications in 2025, of which 54 were originated and 1 denied.

1.5% of all applications, or 1.7% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans Red Diamond Home Loans originated in Texas in 2025 was 6.63%, against a statewide median of 6.50%.

About this data. Figures are Red Diamond Home Loans'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