Somervell County, Texas · 2025

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

111 lenders acted on 373 mortgage applications for properties in Somervell County in 2025. 16.6% were denied (Texas: 19.4%). Median rate on closed loans 6.75%; median loan $255,000; median property value $405,000.

373Applications
16.6%Denial ratestate 19.4%
6.75%Median ratestate 6.50%
$255,000Median loan
$405,000Median property value

Largest lenders in Somervell County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 First Financial Bank C 2916 20.7%7.23%
2 Rocket Mortgage C 2819 21.4%6.88%
3 21st Mortgage F 268 30.8%10.21%
4 InterBank C 147 28.6%7.50%
5 United Shore Financial Services B 1310 15.4%6.38%
6 Highlands Residential Mortgage B 106 0.0%6.81%
7 Pennymac Loan Services C 95 11.1%5.63%
8 Cardinal Financial Company, Limited Partnership B 98 0.0%7.13%
9 Triad Financial Services D 91 44.4%7.85%
10 Paramount Residential Mortgage Group B 98 11.1%7.31%
11 Wells Fargo Bank B 72 14.3%5.75%
12 CMG Mortgage A 73 0.0%5.49%
13 Newrez D 72 42.9%7.38%
14 First United Bank and Trust C 76 0.0%6.56%
15 Gateway First Bank B 75 0.0%6.13%
16 Crosscountry Mortgage B 65 16.7%6.63%
17 Freedom Mortgage B 62 16.7%6.06%
18 The First National Bank of Granbury A 65 0.0%
19 Navy Federal Credit Union D 62 33.3%6.93%
20 PNC Bank D 54 20.0%7.31%
21 Eecu C 54 0.0%7.50%
22 Ark-La-Tex Financial Services, LLC. A 54 0.0%6.31%

What Somervell County borrowers applied for

By loan purpose

Home purchase 199 53% · 14.1% denied
Refinance 59 16% · 13.6% denied
Cash-out refinance 59 16% · 17.0% denied
Home improvement 24 6% · 20.8% denied
Other / HELOC 32 9% · 34.4% denied

By loan type

Conventional 307 82% · 17.9% denied
FHA 37 10% · 8.1% denied
VA 26 7% · 11.5% denied
USDA / RHS 3 1% · 33.3% denied

Why applications were denied

Debt-to-income ratio 20 32%
Credit history 18 29%
Other 9 15%
Collateral 9 15%
Incomplete application 3 5%
Insufficient cash 2 3%
Unverifiable information 1 2%

Somervell County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202331016321.9%6.99%$225,000
202432518121.5%7.00%$225,000
202537320616.6%6.75%$255,000

Frequently asked questions

16.6% of applications in Somervell County were denied in 2025, against 19.4% statewide in Texas.

First Financial Bank, with 29 applications in 2025 and a denial rate of 20.7%.

The median mortgage application in Somervell County in 2025 was for $255,000; the median property value on originated loans was $405,000.