Spring Eq in Texas vs the state
58.0%Denial rate+38.54 pts vs state
69.5%Decision denial rate+44.55 pts vs state
23.9%Origination rate-31.02 pts vs state
9.63%Median rate+3.13 pts vs state
3.49Rate spread (pts)+3.30 pts vs state
$133kMedian applicant income
1,571Loans originated
3,817Denied
Trend in Texas
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5,108 | 800 | 74.8% | 11.10% | #37 |
| 2024 | 5,979 | 1,248 | 63.7% | 10.21% | #29 |
| 2025 | 6,585 | 1,571 | 58.0% | 9.63% | #27 |
What Spring Eq lends in Texas
By loan purpose
By loan type
Why it denied Texas applicants
Where in Texas
Counties with the most Spring Eq applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Harris County | 814 | 202 | 442 | 54.3% |
| Tarrant County | 546 | 121 | 326 | 59.7% |
| Collin County | 506 | 120 | 286 | 56.5% |
| Dallas County | 502 | 116 | 295 | 58.8% |
| Denton County | 446 | 105 | 262 | 58.7% |
| Bexar County | 412 | 76 | 261 | 63.3% |
| Fort Bend County | 313 | 56 | 197 | 62.9% |
| Montgomery County | 252 | 81 | 141 | 56.0% |
| Travis County | 209 | 50 | 118 | 56.5% |
| Williamson County | 203 | 53 | 109 | 53.7% |
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: 6,585 applications in 2025, of which 1,571 were originated and 3,817 denied.
58.0% of all applications, or 69.5% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.
The median rate on loans Spring Eq originated in Texas in 2025 was 9.63%, against a statewide median of 6.50%.
About this data. Figures are Spring Eq'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