Lubbock County, Texas · 2025

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

382 lenders acted on 9,980 mortgage applications for properties in Lubbock County in 2025. 14.1% were denied (Texas: 19.4%). Median rate on closed loans 6.50%; median loan $185,000; median property value $255,000.

10.0kApplications
14.1%Denial ratestate 19.4%
6.50%Median ratestate 6.50%
$185,000Median loan
$255,000Median property value

Largest lenders in Lubbock County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Alliance Credit Union C 802640 1.6%6.38%
2 Texas Tech Federal Credit Union A 758632 0.7%6.38%
3 T2 Financial B 680567 1.5%6.25%
4 21st Mortgage F 37856 54.0%9.30%
5 Rocket Mortgage C 369264 20.6%6.88%
6 City Bank C 358240 13.4%6.75%
7 Dhi Mortgage Company B 352217 13.9%4.50%
8 Amarillo National Bank C 329215 18.8%7.50%
9 United Shore Financial Services B 325239 12.6%6.37%
10 Ark-La-Tex Financial Services, LLC. A 266242 0.0%6.38%
11 Cardinal Financial Company, Limited Partnership B 254188 6.3%6.75%
12 Prosperity Bank D 178108 19.1%6.93%
13 Pennymac Loan Services C 16368 11.0%6.13%
14 Freedom Mortgage B 16072 9.4%6.25%
15 Mortgage Research Center C 15794 17.8%6.25%
16 Peoples Bank A 150125 2.0%
17 Loandepot.Com D 14598 17.9%6.63%
18 Residential Wholesale Mortgage B 13192 1.5%6.63%
19 Kind Lending C 11285 15.2%6.38%
20 Crosscountry Mortgage B 11190 1.8%6.63%
21 Newrez D 11035 25.5%6.88%
22 Kiavi Funding D 10911 0.9%9.99%
23 First United Bank A 9686 0.0%6.56%
24 Bank of America F 9427 37.2%6.49%
25 Vanderbilt Mortgage and Finance F 9211 44.6%10.99%

Best approval odds in Lubbock County

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

What Lubbock County borrowers applied for

By loan purpose

Home purchase 6,675 67% · 9.7% denied
Refinance 1,338 13% · 15.2% denied
Cash-out refinance 1,077 11% · 19.9% denied
Home improvement 238 2% · 40.8% denied
Other / HELOC 652 7% · 38.7% denied

By loan type

Conventional 7,013 70% · 16.8% denied
FHA 2,182 22% · 7.9% denied
VA 737 7% · 7.7% denied
USDA / RHS 48 0% · 6.3% denied

Why applications were denied

Credit history 492 36%
Debt-to-income ratio 340 25%
Collateral 155 11%
Other 149 11%
Incomplete application 140 10%
Unverifiable information 62 4%
Insufficient cash 33 2%
Employment history 13 1%

Lubbock County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20239,0495,61216.7%6.75%$175,000
20249,2805,75516.1%6.63%$175,000
20259,9806,27514.1%6.50%$185,000

Frequently asked questions

14.1% of applications in Lubbock County were denied in 2025, against 19.4% statewide in Texas.

Alliance Credit Union, with 802 applications in 2025 and a denial rate of 1.6%.

The median mortgage application in Lubbock County in 2025 was for $185,000; the median property value on originated loans was $255,000.