Smith County, Texas · 2025

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

394 lenders acted on 8,375 mortgage applications for properties in Smith County in 2025. 21.6% were denied (Texas: 19.4%). Median rate on closed loans 6.75%; median loan $195,000; median property value $305,000.

8.4kApplications
21.6%Denial ratestate 19.4%
6.75%Median ratestate 6.50%
$195,000Median loan
$305,000Median property value

Largest lenders in Smith County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 21st Mortgage F 738137 50.0%10.07%
2 Rocket Mortgage C 461324 18.0%6.69%
3 United Shore Financial Services B 453355 9.7%6.50%
4 CMG Mortgage A 410312 2.4%6.75%
5 ALTRA Federal Credit Union B 376239 17.6%6.99%
6 Austin Bank, Texas D 214151 13.1%7.35%
7 Triad Financial Services D 20927 50.7%9.58%
8 Southside Bank F 19890 27.8%6.88%
9 Regions Bank C 17077 44.1%6.75%
10 Newrez D 15471 18.8%6.38%
11 Primary Residential Mortgage C 142115 3.5%6.75%
12 Vanderbilt Mortgage and Finance F 13919 54.7%9.25%
13 Mortgage Financial Services B 137104 0.7%6.49%
14 Guild Mortgage A 13090 1.5%6.50%
15 Cadence Bank B 12790 14.2%6.75%
16 Platinum Eagle Mortgage C 12580 2.4%6.50%
17 Texas Bank and Trust B 12580 15.2%6.75%
18 Mortgage Research Center C 11661 12.9%6.25%
19 Loandepot.Com D 10546 32.4%6.63%
20 Pennymac Loan Services C 9959 7.1%6.75%
21 Kelly Community Federal Credit Union 9049 25.6%6.90%
22 Freedom Mortgage B 8544 10.6%6.25%
23 Bank of America F 7837 35.9%6.25%
24 Crosscountry Mortgage B 7657 1.3%6.63%
25 Guaranteed Rate B 7439 5.4%6.75%

Best approval odds in Smith County

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

What Smith County borrowers applied for

By loan purpose

Home purchase 5,074 61% · 19.0% denied
Refinance 1,167 14% · 17.7% denied
Cash-out refinance 1,037 12% · 23.1% denied
Home improvement 488 6% · 33.8% denied
Other / HELOC 609 7% · 38.1% denied

By loan type

Conventional 6,725 80% · 24.6% denied
FHA 911 11% · 11.1% denied
VA 655 8% · 7.8% denied
USDA / RHS 84 1% · 2.4% denied

Why applications were denied

Credit history 651 36%
Debt-to-income ratio 486 27%
Collateral 190 11%
Other 177 10%
Incomplete application 167 9%
Unverifiable information 58 3%
Insufficient cash 49 3%
Employment history 16 1%

Smith County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20237,0983,83322.5%6.99%$185,000
20247,5523,94623.6%6.99%$185,000
20258,3754,56421.6%6.75%$195,000

Frequently asked questions

21.6% of applications in Smith County were denied in 2025, against 19.4% statewide in Texas.

21st Mortgage, with 738 applications in 2025 and a denial rate of 50.0%.

The median mortgage application in Smith County in 2025 was for $195,000; the median property value on originated loans was $305,000.