Tomo Mortgage · Texas · 2025

Tomo Mortgage in Texas: approval rate, denial rate and rates (2025)

Tomo Mortgage took 1,140 mortgage applications in Texas in 2025, ranking #161 of 1,568 lenders active in the state. It originated 40.0% of them and denied 6.6% (14.0% of the applications it decided), against a statewide denial rate of 19.4%.

1.1kApplicationsin TX
14.0%Decision denial ratestate 24.9%
6.13%Median ratestate 6.50%
$365,000Median loanstate $245,000
$181MVolume81 counties

Tomo Mortgage in Texas vs the state

6.6%Denial rate-12.85 pts vs state
14.0%Decision denial rate-10.91 pts vs state
40.0%Origination rate-14.88 pts vs state
6.13%Median rate-0.38 pts vs state
-0.15Rate spread (pts)-0.34 pts vs state
$171kMedian applicant income
456Loans originated
75Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023146955.5%6.50%#482
20243431593.5%6.50%#303
20251,1404566.6%6.13%#161

What Tomo Mortgage lends in Texas

By loan purpose

Home purchase 1,140 100% · 6.6% denied

By loan type

Conventional 1,089 96% · 6.3% denied
FHA 45 4% · 13.3% denied
VA 6 1% · 0.0% denied

Why it denied Texas applicants

Other 59 79%
Debt-to-income ratio 11 15%
Collateral 2 3%
Unverifiable information 1 1%
Insufficient cash 1 1%
Credit history 1 1%

Where in Texas

Counties with the most Tomo Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harris County 2087511 5.3%
Collin County 1235112 9.8%
Travis County 97399 9.3%
Denton County 95397 7.4%
Dallas County 78255 6.4%
Tarrant County 76350 0.0%
Williamson County 71285 7.0%
Fort Bend County 60233 5.0%
Bexar County 52192 3.8%
Montgomery County 28132 7.1%

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: 1,140 applications in 2025, of which 456 were originated and 75 denied.

6.6% of all applications, or 14.0% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans Tomo Mortgage originated in Texas in 2025 was 6.13%, against a statewide median of 6.50%.

About this data. Figures are Tomo Mortgage'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