McLennan County, Texas · 2025

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

418 lenders acted on 7,711 mortgage applications for properties in McLennan County in 2025. 16.2% were denied (Texas: 19.4%). Median rate on closed loans 6.63%; median loan $215,000; median property value $315,000.

7.7kApplications
16.2%Denial ratestate 19.4%
6.63%Median ratestate 6.50%
$215,000Median loan
$315,000Median property value

Largest lenders in McLennan County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 427299 17.3%6.75%
2 Swbc Mortgage A 362251 2.2%6.63%
3 United Shore Financial Services B 313215 12.8%6.14%
4 Fairway Independent Mortgage B 309214 4.5%6.63%
5 21st Mortgage F 25444 49.2%9.28%
6 Movement Mortgage A 210159 2.4%6.63%
7 Dhi Mortgage Company B 204138 14.7%4.63%
8 Central National Bank A 162140 9.3%
9 Alliance Bank Central Texas C 158104 17.7%
10 Triad Financial Services D 15324 46.4%8.72%
11 Vanderbilt Mortgage and Finance F 15317 38.6%9.99%
12 Mortgage Research Center C 14772 24.5%6.13%
13 Community Bank & Trust, Waco, Texas D 14498 11.8%
14 Granite Bank B 141116 0.0%6.49%
15 Genco Federal Credit Union F 13544 45.2%
16 Newrez D 12964 15.5%6.43%
17 The First National Bank of McGregor A 118111 0.9%
18 First Central Credit Union D 10658 12.3%8.78%
19 Bank of America F 10525 44.8%6.49%
20 American Bank B 10587 2.9%
21 First National Bank of Central Texas A 10389 5.8%
22 Cadence Bank B 10052 24.0%7.07%
23 Pennymac Loan Services C 9634 7.3%6.87%
24 Crosscountry Mortgage B 9554 3.2%6.63%
25 JPMorgan Chase Bank B 9351 14.0%6.63%

Best approval odds in McLennan County

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

What McLennan County borrowers applied for

By loan purpose

Home purchase 4,565 59% · 11.9% denied
Refinance 1,229 16% · 16.9% denied
Cash-out refinance 1,004 13% · 19.5% denied
Home improvement 463 6% · 26.6% denied
Other / HELOC 450 6% · 38.9% denied

By loan type

Conventional 5,614 73% · 18.4% denied
FHA 1,286 17% · 9.8% denied
VA 791 10% · 10.8% denied
USDA / RHS 20 0% · 0.0% denied

Why applications were denied

Credit history 328 29%
Debt-to-income ratio 284 25%
Incomplete application 153 14%
Collateral 129 12%
Other 125 11%
Unverifiable information 57 5%
Insufficient cash 30 3%
Employment history 13 1%

McLennan County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20236,8363,87118.2%6.75%$195,000
20247,0574,02818.6%6.75%$205,000
20257,7114,50916.2%6.63%$215,000

Frequently asked questions

16.2% of applications in McLennan County were denied in 2025, against 19.4% statewide in Texas.

Rocket Mortgage, with 427 applications in 2025 and a denial rate of 17.3%.

The median mortgage application in McLennan County in 2025 was for $215,000; the median property value on originated loans was $315,000.