Red River County, Texas · 2025

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

82 lenders acted on 320 mortgage applications for properties in Red River County in 2025. 29.1% were denied (Texas: 19.4%). Median rate on closed loans 6.99%; median loan $125,000; median property value $195,000.

320Applications
29.1%Denial ratestate 19.4%
6.99%Median ratestate 6.50%
$125,000Median loan
$195,000Median property value

Largest lenders in Red River County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 21st Mortgage F 419 41.5%11.10%
2 United Shore Financial Services B 3918 48.7%7.50%
3 Triad Financial Services D 214 57.1%10.28%
4 Rocket Mortgage C 189 22.2%7.25%
5 State Bank of De Kalb B 1512 20.0%
6 Guaranteed Rate B 106 0.0%6.20%
7 Mortgage Research Center C 105 10.0%6.63%
8 Guaranty Bank & Trust B 97 22.2%7.24%
9 Vanderbilt Mortgage and Finance F 92 44.4%10.12%
10 Newrez D 62 16.7%6.75%
11 Red River Employees Federal Credit Union C 64 0.0%
12 Southwest Stage Funding F 64 16.7%7.50%
13 The First National Bank of Tom Bean 55 0.0%
14 Loandepot.Com D 53 20.0%7.75%

What Red River County borrowers applied for

By loan purpose

Home purchase 202 63% · 23.8% denied
Refinance 37 12% · 29.7% denied
Cash-out refinance 53 17% · 43.4% denied
Home improvement 11 3% · 45.5% denied
Other / HELOC 17 5% · 35.3% denied

By loan type

Conventional 246 77% · 35.0% denied
FHA 27 8% · 18.5% denied
VA 41 13% · 2.4% denied
USDA / RHS 6 2% · 16.7% denied

Why applications were denied

Credit history 30 33%
Collateral 23 26%
Debt-to-income ratio 12 13%
Incomplete application 9 10%
Other 8 9%
Insufficient cash 4 4%
Unverifiable information 3 3%
Employment history 1 1%

Red River County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202327611631.5%7.40%$105,000
202427411130.7%7.38%$125,000
202532015329.1%6.99%$125,000

Frequently asked questions

29.1% of applications in Red River County were denied in 2025, against 19.4% statewide in Texas.

21st Mortgage, with 41 applications in 2025 and a denial rate of 41.5%.

The median mortgage application in Red River County in 2025 was for $125,000; the median property value on originated loans was $195,000.