Waterstone Mortgage · Texas · 2025

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

Waterstone Mortgage took 615 mortgage applications in Texas in 2025, ranking #228 of 1,568 lenders active in the state. It originated 69.9% of them and denied 2.4% (3.3% of the applications it decided), against a statewide denial rate of 19.4%.

615Applicationsin TX
3.3%Decision denial ratestate 24.9%
6.63%Median ratestate 6.50%
$295,000Median loanstate $245,000
$148MVolume72 counties

Waterstone Mortgage in Texas vs the state

2.4%Denial rate-16.99 pts vs state
3.3%Decision denial rate-21.58 pts vs state
69.9%Origination rate+15.04 pts vs state
6.63%Median rate+0.13 pts vs state
0.41Rate spread (pts)+0.22 pts vs state
$112kMedian applicant income
430Loans originated
15Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236974733.3%6.75%#211
20247185192.5%6.63%#202
20256154302.4%6.63%#228

What Waterstone Mortgage lends in Texas

By loan purpose

Home purchase 563 92% · 2.5% denied
Refinance 37 6% · 0.0% denied
Cash-out refinance 13 2% · 0.0% denied
Home improvement 2 0% · 50.0% denied

By loan type

Conventional 290 47% · 1.7% denied
FHA 193 31% · 3.6% denied
VA 132 21% · 2.3% denied

Why it denied Texas applicants

Collateral 9 60%
Other 2 13%
Unverifiable information 1 7%
Insufficient cash 1 7%
Credit history 1 7%
Debt-to-income ratio 1 7%

Where in Texas

Counties with the most Waterstone Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Ector County 97772 2.1%
Tarrant County 90621 1.1%
El Paso County 88534 4.5%
Denton County 37290 0.0%
Midland County 30222 6.7%
Bexar County 21140 0.0%
Travis County 19140 0.0%
Harris County 19120 0.0%
Dallas County 15100 0.0%
Collin County 14110 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: 615 applications in 2025, of which 430 were originated and 15 denied.

2.4% of all applications, or 3.3% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans Waterstone Mortgage originated in Texas in 2025 was 6.63%, against a statewide median of 6.50%.

About this data. Figures are Waterstone 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