Vellum Mortgage in Texas vs the state
1.7%Denial rate-17.78 pts vs state
2.3%Decision denial rate-22.65 pts vs state
71.9%Origination rate+17.02 pts vs state
6.88%Median rate+0.38 pts vs state
0.30Rate spread (pts)+0.11 pts vs state
$141kMedian applicant income
87Loans originated
2Denied
Trend in Texas
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 70 | 47 | 12.9% | 6.88% | #635 |
| 2024 | 81 | 53 | 0.0% | 6.88% | #595 |
| 2025 | 121 | 87 | 1.7% | 6.88% | #512 |
What Vellum Mortgage lends in Texas
By loan purpose
By loan type
Why it denied Texas applicants
Where in Texas
Counties with the most Vellum Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Harris County | 20 | 8 | 0 | 0.0% |
| Tarrant County | 15 | 13 | 0 | 0.0% |
| Brazoria County | 12 | 9 | 0 | 0.0% |
| Dallas County | 8 | 7 | 1 | 12.5% |
| Denton County | 8 | 7 | 0 | 0.0% |
| Collin County | 7 | 3 | 0 | 0.0% |
| Montgomery County | 6 | 5 | 0 | 0.0% |
| Bexar County | 5 | 2 | 1 | 20.0% |
| Johnson County | 5 | 5 | 0 | 0.0% |
| Comal County | 5 | 2 | 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: 121 applications in 2025, of which 87 were originated and 2 denied.
1.7% of all applications, or 2.3% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.
The median rate on loans Vellum Mortgage originated in Texas in 2025 was 6.88%, against a statewide median of 6.50%.
About this data. Figures are Vellum 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