VeraBank · Texas · 2025

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

VeraBank took 664 mortgage applications in Texas in 2025, ranking #217 of 1,568 lenders active in the state. It originated 70.3% of them and denied 12.8% (15.0% of the applications it decided), against a statewide denial rate of 19.4%.

664Applicationsin TX
15.0%Decision denial ratestate 24.9%
7.38%Median ratestate 6.50%
$215,000Median loanstate $245,000
$147MVolume55 counties

VeraBank in Texas vs the state

12.8%Denial rate-6.63 pts vs state
15.0%Decision denial rate-9.86 pts vs state
70.3%Origination rate+15.45 pts vs state
7.38%Median rate+0.88 pts vs state
0.41Rate spread (pts)+0.22 pts vs state
$97kMedian applicant income
467Loans originated
85Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,19992110.2%6.75%#132
202494568511.4%7.63%#173
202566446712.8%7.38%#217

What VeraBank lends in Texas

By loan purpose

Home purchase 451 68% · 5.8% denied
Refinance 97 15% · 20.6% denied
Cash-out refinance 12 2% · 8.3% denied
Home improvement 75 11% · 29.3% denied
Other / HELOC 29 4% · 55.2% denied

By loan type

Conventional 629 95% · 12.6% denied
FHA 26 4% · 15.4% denied
VA 9 1% · 22.2% denied

Why it denied Texas applicants

Debt-to-income ratio 48 56%
Credit history 24 28%
Collateral 6 7%
Other 3 4%
Unverifiable information 3 4%
Employment history 1 1%

Where in Texas

Counties with the most VeraBank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Smith County 71528 11.3%
Gregg County 63467 11.1%
Rusk County 61397 11.5%
Brazos County 50452 4.0%
Navarro County 41288 19.5%
Anderson County 40315 12.5%
Harrison County 38236 15.8%
Travis County 35263 8.6%
Titus County 33217 21.2%
Henderson County 28175 17.9%

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: 664 applications in 2025, of which 467 were originated and 85 denied.

12.8% of all applications, or 15.0% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans VeraBank originated in Texas in 2025 was 7.38%, against a statewide median of 6.50%.

About this data. Figures are VeraBank'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