Palo Pinto County, Texas · 2025

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

204 lenders acted on 1,033 mortgage applications for properties in Palo Pinto County in 2025. 18.3% were denied (Texas: 19.4%). Median rate on closed loans 6.88%; median loan $195,000; median property value $315,000.

1.0kApplications
18.3%Denial ratestate 19.4%
6.88%Median ratestate 6.50%
$195,000Median loan
$315,000Median property value

Largest lenders in Palo Pinto County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 21st Mortgage F 8818 35.2%9.76%
2 Clear Fork Bank C 6866 0.0%
3 Rocket Mortgage C 6548 20.0%6.50%
4 First Financial Bank C 6342 14.3%7.00%
5 Guild Mortgage A 3020 6.7%6.63%
6 United Shore Financial Services B 2418 8.3%6.50%
7 Mortgage Research Center C 2012 15.0%6.63%
8 Triad Financial Services D 184 27.8%10.65%
9 Pennymac Loan Services C 173 17.7%6.99%
10 Primelending, a Plainscapital A 1713 17.7%6.63%
11 Newrez D 165 12.5%6.99%
12 Broker Solutions D 144 7.1%7.19%
13 Vanderbilt Mortgage and Finance F 144 57.1%9.62%
14 Guaranteed Rate B 135 15.4%7.00%
15 Freedom Mortgage B 135 0.0%6.25%
16 First United Bank and Trust C 137 7.7%6.88%
17 Community National Bank & Trust of Texas A 1212 0.0%
18 Eecu C 116 27.3%7.00%
19 Commercial Bank of Texas B 119 9.1%6.63%
20 CMG Mortgage A 1110 0.0%6.63%
21 Bank of America F 105 30.0%6.13%
22 Highlands Residential Mortgage B 105 10.0%6.63%
23 Loandepot.Com D 105 30.0%7.50%
24 Frost Bank C 94 55.6%8.08%
25 Carrington Mortgage Services D 91 66.7%6.75%

Best approval odds in Palo Pinto County

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

#LenderDecidedDecision denial rate
1Clear Fork Bank660.0%
2First Financial Bank5317.0%
3Rocket Mortgage6221.0%
421st Mortgage5062.0%

What Palo Pinto County borrowers applied for

By loan purpose

Home purchase 588 57% · 15.3% denied
Refinance 177 17% · 14.1% denied
Cash-out refinance 140 14% · 24.3% denied
Home improvement 52 5% · 23.1% denied
Other / HELOC 76 7% · 36.8% denied

By loan type

Conventional 808 78% · 19.8% denied
FHA 120 12% · 15.8% denied
VA 84 8% · 10.7% denied
USDA / RHS 21 2% · 4.8% denied

Why applications were denied

Credit history 53 29%
Debt-to-income ratio 44 24%
Collateral 29 16%
Other 26 14%
Incomplete application 18 10%
Insufficient cash 8 4%
Unverifiable information 7 4%

Palo Pinto County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,12757824.8%7.20%$185,000
20241,07355719.9%7.13%$185,000
20251,03357418.3%6.88%$195,000

Frequently asked questions

18.3% of applications in Palo Pinto County were denied in 2025, against 19.4% statewide in Texas.

21st Mortgage, with 88 applications in 2025 and a denial rate of 35.2%.

The median mortgage application in Palo Pinto County in 2025 was for $195,000; the median property value on originated loans was $315,000.