Gardner Financial Services

san antonio, TX

Gardner Financial Services processed 3,796 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 2,844 loans with a 0.8% denial rate. Home Purchase was the primary loan purpose. Based in san antonio, TX. The approval rate of 74.9% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. Gardner Financial Services processed 3,796 HMDA-reported mortgage applications in 2024, originating 2,844 loans and denying 30 for a denial rate of 0.8% (applicants themselves withdrew 794 files before a decision). The average loan amount was $340,287 at a 6.671% average note rate, and applicants self-reported an average income of $40,000. The lender reports under LEI 549300M8WGW2D17CZD19 from san antonio, TX.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Gardner Financial Services's 74.9% origination rate tells you how often an application turned into funded money; the 0.8% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Other, Employment history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (2,139 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

3,796
Applications
2,844
Originated
0.8%
Denial Rate
$340,287
Avg Loan Amount
Avg Interest Rate: 6.671% Avg Applicant Income: $40,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 2,139 1,563 13 $350,811
FHA 1,204 919 14 $299,252
VA 435 346 3 $406,954
USDA 18 16 0 $223,333

Top loan types — Gardner Financial Services

Top loan types — Gardner Financial Services Horizontal bar chart of the top 4 items by value (applications). Top loan types — Gardner Financial Services Top 4 1. Conventional 2,139 2. FHA 1,204 3. VA 435 4. USDA 18 Top 5 loan types by application volume at Gardner Financial Services (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Gardner Financial Services (LEI: 549300M8WGW2D17CZD19) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
11
Other
7
Employment history
5
Credit history
5
Unverifiable information
4
Insufficient cash
2
Collateral
2

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 3,497 2,649 $337,997
Cash-out Refinancing 178 120 $314,607
Refinancing 116 70 $451,638
Home Improvement 4 4 $222,500

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 2,575 76.5% 0.7%
Black or African American 205 71.2% 2.9%
Asian 91 61.5% 0.0%
Joint 82 82.9% 1.2%
American Indian or Alaska Native 16 75.0% 0.0%
Native Hawaiian or Other Pacific Islander 8 75.0% 0.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 2,149 76.5% 0.9%
Hispanic or Latino 717 73.2% 0.4%
Joint 171 76.6% 0.6%

Nearby Lenders in TX

Other HMDA-reporting lenders in TX with similar activity. Compare any two side-by-side.

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Gardner Financial Services process?
Gardner Financial Services processed 3,796 mortgage applications in the 2023 HMDA reporting year. Of these, 2,844 were originated (approved and funded), 794 were withdrawn by the applicant, and 30 were denied.
What is Gardner Financial Services's mortgage approval rate?
Gardner Financial Services has an approval (origination) rate of 74.9%, meaning 74.9% of all applications resulted in a funded mortgage. The denial rate is 0.8%.
What is the average loan amount at Gardner Financial Services?
The average mortgage loan amount at Gardner Financial Services is $340,287. The average interest rate is 6.671%. The average applicant income is $40,000.
What are the most common reasons for mortgage denial at Gardner Financial Services?
The most common reasons for mortgage denial at Gardner Financial Services are: Debt-to-income ratio, Other, Employment history. In total, 30 applications were denied out of 3,796 total applications.
What types of mortgage loans does Gardner Financial Services offer?
Gardner Financial Services processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 2,139 applications and an average loan amount of $350,811.
What loan purposes does Gardner Financial Services serve?
Gardner Financial Services serves the following loan purposes: Home Purchase (3,497 applications), Cash-out Refinancing (178 applications), Refinancing (116 applications), Home Improvement (4 applications). Home Purchase is the most common purpose.
Where is Gardner Financial Services located?
Gardner Financial Services is headquartered in san antonio, TX. The lender is identified by LEI 549300M8WGW2D17CZD19 in HMDA data.
How does Gardner Financial Services compare in lending across racial demographics?
Gardner Financial Services reports demographic lending data under HMDA requirements. White applicants have an approval rate of 76.5% and denial rate of 0.7%; Black or African American applicants have an approval rate of 71.2% and denial rate of 2.9%; Asian applicants have an approval rate of 61.5% and denial rate of 0.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.