VELOCITY Credit Union · Texas · 2025

VELOCITY Credit Union in Texas: approval rate, denial rate and rates (2025)

VELOCITY Credit Union took 265 mortgage applications in Texas in 2025, ranking #363 of 1,568 lenders active in the state. It originated 45.7% of them and denied 30.6% (39.7% of the applications it decided), against a statewide denial rate of 19.4%.

265Applicationsin TX
39.7%Decision denial ratestate 24.9%
6.50%Median ratestate 6.50%
$115,000Median loanstate $245,000
$22MVolume26 counties

VELOCITY Credit Union in Texas vs the state

30.6%Denial rate+11.14 pts vs state
39.7%Decision denial rate+14.81 pts vs state
45.7%Origination rate-9.22 pts vs state
6.50%Median rate0.00 pts vs state
0.35Rate spread (pts)+0.15 pts vs state
$120kMedian applicant income
121Loans originated
81Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
202326710245.3%6.50%#339
202427612039.9%6.88%#333
202526512130.6%6.50%#363

What VELOCITY Credit Union lends in Texas

By loan purpose

Home purchase 46 17% · 2.2% denied
Refinance 12 5% · 8.3% denied
Cash-out refinance 196 74% · 39.3% denied
Home improvement 10 4% · 20.0% denied
Other / HELOC 1 0% · 0.0% denied

By loan type

Conventional 265 100% · 30.6% denied

Why it denied Texas applicants

Credit history 39 48%
Debt-to-income ratio 29 36%
Collateral 10 12%
Other 3 4%

Where in Texas

Counties with the most VELOCITY Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Travis County 1325941 31.1%
Williamson County 613511 18.0%
Hays County 311110 32.3%
Bastrop County 927 77.8%
Bell County 541 20.0%
Bexar County 321 33.3%
Kendall County 200 0.0%
Dallas County 211 50.0%
Collin County 210 0.0%
Harris County 202 100.0%

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: 265 applications in 2025, of which 121 were originated and 81 denied.

30.6% of all applications, or 39.7% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans VELOCITY Credit Union originated in Texas in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are VELOCITY Credit Union'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