Southwest Funding in Texas vs the state
4.3%Denial rate-15.12 pts vs state
5.8%Decision denial rate-19.10 pts vs state
65.5%Origination rate+10.61 pts vs state
6.69%Median rate+0.19 pts vs state
0.62Rate spread (pts)+0.43 pts vs state
$104kMedian applicant income
668Loans originated
44Denied
Trend in Texas
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,299 | 945 | 2.8% | 6.99% | #126 |
| 2024 | 1,462 | 928 | 2.7% | 6.88% | #124 |
| 2025 | 1,020 | 668 | 4.3% | 6.69% | #169 |
What Southwest Funding lends in Texas
By loan purpose
By loan type
Why it denied Texas applicants
Where in Texas
Counties with the most Southwest Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Dallas County | 123 | 72 | 7 | 5.7% |
| Tarrant County | 84 | 60 | 4 | 4.8% |
| Bexar County | 73 | 40 | 2 | 2.7% |
| Hidalgo County | 59 | 30 | 3 | 5.1% |
| Webb County | 59 | 45 | 1 | 1.7% |
| Harris County | 57 | 23 | 9 | 15.8% |
| Cameron County | 45 | 22 | 4 | 8.9% |
| Travis County | 44 | 27 | 0 | 0.0% |
| Comal County | 33 | 26 | 0 | 0.0% |
| Jefferson County | 32 | 27 | 0 | 0.0% |
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: 1,020 applications in 2025, of which 668 were originated and 44 denied.
4.3% of all applications, or 5.8% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.
The median rate on loans Southwest Funding originated in Texas in 2025 was 6.69%, against a statewide median of 6.50%.
About this data. Figures are Southwest Funding'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