Cherokee County, Texas · 2025

Mortgage lenders in Cherokee County, TX: denial rates and top lenders (2025)

183 lenders acted on 1,685 mortgage applications for properties in Cherokee County in 2025. 27.7% were denied (Texas: 19.4%). Median rate on closed loans 6.99%; median loan $155,000; median property value $245,000.

1.7kApplications
27.7%Denial ratestate 19.4%
6.99%Median ratestate 6.50%
$155,000Median loan
$245,000Median property value

Largest lenders in Cherokee County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 21st Mortgage F 28149 45.6%9.43%
2 Austin Bank, Texas D 153102 20.3%7.35%
3 Rocket Mortgage C 9559 30.5%6.99%
4 Triad Financial Services D 9312 46.2%10.47%
5 Vanderbilt Mortgage and Finance F 7618 31.6%10.12%
6 United Shore Financial Services B 6651 6.1%6.40%
7 CMG Mortgage A 4934 0.0%6.63%
8 ALTRA Federal Credit Union B 4935 16.3%7.24%
9 Texas National Bank of Jacksonville C 3320 18.2%
10 Mortgage Research Center C 3213 18.8%6.50%
11 Credit Human Federal Credit Union D 283 75.0%8.60%
12 Prosperity Bank D 2610 46.2%7.31%
13 Newrez D 258 36.0%6.25%
14 FirstBank C 191 79.0%10.49%
15 Tammac Holdings D 191 68.4%9.65%
16 Southside Bank F 192 57.9%7.19%
17 Kiavi Funding D 191 0.0%7.95%
18 Crosscountry Mortgage B 1711 5.9%6.50%
19 Primary Residential Mortgage C 1717 0.0%6.63%
20 Southwest Stage Funding F 175 0.0%7.88%
21 Broker Solutions D 163 18.8%6.12%
22 AmeriSave Mortgage D 155 60.0%7.25%
23 Guaranteed Rate B 1411 7.1%5.99%
24 Freedom Mortgage B 146 7.1%6.56%
25 Loandepot.Com D 136 46.2%6.12%

Best approval odds in Cherokee County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1United Shore Financial Services586.9%
2Austin Bank, Texas13523.0%
3Rocket Mortgage9131.9%
4Triad Financial Services9346.2%
521st Mortgage18370.0%

What Cherokee County borrowers applied for

By loan purpose

Home purchase 1,119 66% · 27.8% denied
Refinance 227 13% · 21.2% denied
Cash-out refinance 167 10% · 31.1% denied
Home improvement 83 5% · 28.9% denied
Other / HELOC 89 5% · 34.8% denied

By loan type

Conventional 1,384 82% · 31.7% denied
FHA 161 10% · 9.3% denied
VA 128 8% · 9.4% denied
USDA / RHS 12 1% · 0.0% denied

Why applications were denied

Credit history 205 44%
Debt-to-income ratio 120 26%
Other 39 8%
Collateral 38 8%
Incomplete application 37 8%
Insufficient cash 16 3%
Unverifiable information 9 2%
Employment history 2 0%

Cherokee County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,57771029.5%7.13%$135,000
20241,52364530.8%7.35%$135,000
20251,68574427.7%6.99%$155,000

Frequently asked questions

27.7% of applications in Cherokee County were denied in 2025, against 19.4% statewide in Texas.

21st Mortgage, with 281 applications in 2025 and a denial rate of 45.6%.

The median mortgage application in Cherokee County in 2025 was for $155,000; the median property value on originated loans was $245,000.