Simmons Bank · Texas · 2025

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

Simmons Bank took 886 mortgage applications in Texas in 2025, ranking #181 of 1,568 lenders active in the state. It originated 63.1% of them and denied 26.8% (29.5% of the applications it decided), against a statewide denial rate of 19.4%.

886Applicationsin TX
29.5%Decision denial ratestate 24.9%
7.50%Median ratestate 6.50%
$195,000Median loanstate $245,000
$320MVolume61 counties

Simmons Bank in Texas vs the state

26.8%Denial rate+7.32 pts vs state
29.5%Decision denial rate+4.61 pts vs state
63.1%Origination rate+8.21 pts vs state
7.50%Median rate+1.00 pts vs state
0.00Rate spread (pts)-0.19 pts vs state
$96kMedian applicant income
559Loans originated
237Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
202375941726.8%7.75%#196
202475946827.5%8.25%#193
202588655926.8%7.50%#181

What Simmons Bank lends in Texas

By loan purpose

Home purchase 371 42% · 17.8% denied
Refinance 241 27% · 13.7% denied
Cash-out refinance 40 5% · 37.5% denied
Home improvement 168 19% · 49.4% denied
Other / HELOC 66 7% · 60.6% denied

By loan type

Conventional 816 92% · 26.1% denied
FHA 64 7% · 37.5% denied
VA 6 1% · 0.0% denied

Why it denied Texas applicants

Debt-to-income ratio 133 56%
Credit history 50 21%
Collateral 22 9%
Incomplete application 12 5%
Other 9 4%
Unverifiable information 6 3%
Insufficient cash 4 2%
Employment history 1 0%

Where in Texas

Counties with the most Simmons Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Nueces County 2111975 2.4%
Tarrant County 1378142 30.7%
Dallas County 843340 47.6%
Grayson County 563021 37.5%
Harris County 422317 40.5%
Henderson County 291212 41.4%
Montgomery County 29179 31.0%
Collin County 26149 34.6%
Brazos County 22138 36.4%
Bowie County 22172 9.1%

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: 886 applications in 2025, of which 559 were originated and 237 denied.

26.8% of all applications, or 29.5% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans Simmons Bank originated in Texas in 2025 was 7.50%, against a statewide median of 6.50%.

About this data. Figures are Simmons Bank'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