Clay County, Texas · 2025

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

91 lenders acted on 358 mortgage applications for properties in Clay County in 2025. 17.3% were denied (Texas: 19.4%). Median rate on closed loans 6.75%; median loan $155,000; median property value $215,000.

358Applications
17.3%Denial ratestate 19.4%
6.75%Median ratestate 6.50%
$155,000Median loan
$215,000Median property value

Largest lenders in Clay County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 American National Bank & Trust A 4339 0.0%6.50%
2 21st Mortgage F 3610 30.6%9.51%
3 Flat Branch Mortgage A 2823 0.0%6.63%
4 Triad Financial Services D 266 46.2%9.94%
5 Union Square Credit Union B 1815 5.6%6.50%
6 Mortgage Research Center C 159 6.7%6.25%
7 Texoma Community Credit Union A 1413 0.0%8.00%
8 Legend Bank C 118 18.2%
9 Windthorst Federal Credit Union 109 0.0%
10 Rocket Mortgage C 95 22.2%6.75%
11 Guild Mortgage A 86 25.0%6.81%
12 United Shore Financial Services B 74 14.3%6.06%
13 Newrez D 51 20.0%6.75%
14 The Jacksboro National Bank 53 20.0%
15 Navy Federal Credit Union D 54 20.0%5.69%

What Clay County borrowers applied for

By loan purpose

Home purchase 234 65% · 15.8% denied
Refinance 47 13% · 17.0% denied
Cash-out refinance 42 12% · 9.5% denied
Home improvement 16 4% · 43.8% denied
Other / HELOC 19 5% · 31.6% denied

By loan type

Conventional 253 71% · 19.8% denied
FHA 51 14% · 7.8% denied
VA 44 12% · 13.6% denied
USDA / RHS 10 3% · 20.0% denied

Why applications were denied

Credit history 15 24%
Incomplete application 12 19%
Other 12 19%
Collateral 11 18%
Debt-to-income ratio 11 18%
Employment history 1 2%

Clay County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202327917118.6%7.00%$145,000
202427317315.4%7.00%$135,000
202535821017.3%6.75%$155,000

Frequently asked questions

17.3% of applications in Clay County were denied in 2025, against 19.4% statewide in Texas.

American National Bank & Trust, with 43 applications in 2025 and a denial rate of 0.0%.

The median mortgage application in Clay County in 2025 was for $155,000; the median property value on originated loans was $215,000.