T2 Financial · Texas · 2025

T2 Financial in Texas: approval rate, denial rate and rates (2025)

T2 Financial took 1,487 mortgage applications in Texas in 2025, ranking #132 of 1,568 lenders active in the state. It originated 80.4% of them and denied 3.2% (3.7% of the applications it decided), against a statewide denial rate of 19.4%.

1.5kApplicationsin TX
3.7%Decision denial ratestate 24.9%
6.50%Median ratestate 6.50%
$245,000Median loanstate $245,000
$335MVolume93 counties

T2 Financial in Texas vs the state

3.2%Denial rate-16.20 pts vs state
3.7%Decision denial rate-21.22 pts vs state
80.4%Origination rate+25.48 pts vs state
6.50%Median rate0.00 pts vs state
0.30Rate spread (pts)+0.11 pts vs state
$105kMedian applicant income
1,195Loans originated
48Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,2151,6925.4%6.75%#82
20242,0071,5544.8%6.63%#92
20251,4871,1953.2%6.50%#132

What T2 Financial lends in Texas

By loan purpose

Home purchase 1,374 92% · 3.0% denied
Refinance 64 4% · 6.3% denied
Cash-out refinance 34 2% · 8.8% denied
Home improvement 5 0% · 0.0% denied
Other / HELOC 10 1% · 0.0% denied

By loan type

Conventional 720 48% · 3.6% denied
FHA 626 42% · 2.7% denied
VA 132 9% · 3.8% denied
USDA / RHS 9 1% · 0.0% denied

Why it denied Texas applicants

Debt-to-income ratio 28 58%
Other 7 15%
Collateral 4 8%
Incomplete application 4 8%
Credit history 2 4%
Unverifiable information 2 4%
Insufficient cash 1 2%

Where in Texas

Counties with the most T2 Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lubbock County 68056710 1.5%
Tom Green County 1651256 3.6%
Harris County 92717 7.6%
Montgomery County 48353 6.3%
Taylor County 40331 2.5%
Dallas County 37262 5.4%
Jefferson County 28220 0.0%
Denton County 26171 3.8%
Collin County 24180 0.0%
Gregg County 24220 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: 1,487 applications in 2025, of which 1,195 were originated and 48 denied.

3.2% of all applications, or 3.7% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans T2 Financial originated in Texas in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are T2 Financial'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