PlainLender

NETWORK FUNDING, L.P.

Houston, TX

NETWORK FUNDING, L.P. processed 4,688 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 2,579 loans with a 10.5% denial rate. Home Purchase was the primary loan purpose. Based in Houston, TX. The approval rate of 55.0% 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. NETWORK FUNDING, L.P. processed 4,688 HMDA-reported mortgage applications in 2024, originating 2,579 loans and denying 492 for a denial rate of 10.5% (applicants themselves withdrew 1,072 files before a decision). The average loan amount was $325,454 at a 6.627% average note rate, and applicants self-reported an average income of $38,000. The lender reports under LEI 254900QRD0ZXHH08TX87 from Houston, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. NETWORK FUNDING, L.P.'s 55.0% origination rate tells you how often an application turned into funded money; the 10.5% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Debt-to-income ratio, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (3,347 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.

4,688
Applications
2,579
Originated
10.5%
Denial Rate
$325,454
Avg Loan Amount
Avg Interest Rate: 6.627% Avg Applicant Income: $38,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 3,347 1,767 411 $329,341
FHA 955 557 60 $301,293
VA 354 235 18 $364,068
USDA 32 20 3 $212,813

Top loan types — NETWORK FUNDING, L.P.

Top loan types — NETWORK FUNDING, L.P. Horizontal bar chart of the top 4 items by value (applications). Top loan types — NETWORK FUNDING, L.P. Top 4 1. Conventional 3,347 2. FHA 955 3. VA 354 4. USDA 32 Top 5 loan types by application volume at NETWORK FUNDING, L.P. (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 NETWORK FUNDING, L.P. (LEI: 254900QRD0ZXHH08TX87) · 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

Credit history
146
Debt-to-income ratio
137
Other
83
Collateral
80
Credit application incomplete
63
Unverifiable information
16
Employment history
14
Insufficient cash
9

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 3,234 2,044 $356,274
Cash-out Refinancing 1,219 438 $238,880
Refinancing 235 97 $350,404

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 2,926 59.0% 10.7%
Black or African American 283 50.5% 19.8%
Asian 266 52.3% 10.5%
Joint 92 57.6% 9.8%
American Indian or Alaska Native 10 50.0% 20.0%
2 or more minority races 7 14.3% 57.1%
Native Hawaiian or Other Pacific Islander 7 71.4% 28.6%

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 2,836 57.5% 11.3%
Hispanic or Latino 573 50.3% 15.9%
Joint 144 66.0% 7.6%

Nearby Lenders in TX

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

Nationstar Mortgage

Coppell, TX

110,111 apps 41,693 originated 9.2% denied

DHI Mortgage Company, LTD.

Austin, TX

96,056 apps 70,673 originated 10.3% denied

PRIMELENDING

DALLAS, TX

36,578 apps 25,147 originated 5.3% denied

Credit Human Federal Credit Un

San Antonio, TX

28,052 apps 2,953 originated 75.7% denied

USAA BANK

SAN ANTONIO, TX

28,020 apps 13,205 originated 23.5% denied
Compare NETWORK FUNDING, L.P. vs Nationstar Mortgage →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

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Frequently Asked Questions

How many mortgage applications did NETWORK FUNDING, L.P. process?
NETWORK FUNDING, L.P. processed 4,688 mortgage applications in the 2023 HMDA reporting year. Of these, 2,579 were originated (approved and funded), 1,072 were withdrawn by the applicant, and 492 were denied.
What is NETWORK FUNDING, L.P.'s mortgage approval rate?
NETWORK FUNDING, L.P. has an approval (origination) rate of 55.0%, meaning 55.0% of all applications resulted in a funded mortgage. The denial rate is 10.5%.
What is the average loan amount at NETWORK FUNDING, L.P.?
The average mortgage loan amount at NETWORK FUNDING, L.P. is $325,454. The average interest rate is 6.627%. The average applicant income is $38,000.
What are the most common reasons for mortgage denial at NETWORK FUNDING, L.P.?
The most common reasons for mortgage denial at NETWORK FUNDING, L.P. are: Credit history, Debt-to-income ratio, Other. In total, 492 applications were denied out of 4,688 total applications.
What types of mortgage loans does NETWORK FUNDING, L.P. offer?
NETWORK FUNDING, L.P. processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 3,347 applications and an average loan amount of $329,341.
What loan purposes does NETWORK FUNDING, L.P. serve?
NETWORK FUNDING, L.P. serves the following loan purposes: Home Purchase (3,234 applications), Cash-out Refinancing (1,219 applications), Refinancing (235 applications). Home Purchase is the most common purpose.
Where is NETWORK FUNDING, L.P. located?
NETWORK FUNDING, L.P. is headquartered in Houston, TX. The lender is identified by LEI 254900QRD0ZXHH08TX87 in HMDA data.
How does NETWORK FUNDING, L.P. compare in lending across racial demographics?
NETWORK FUNDING, L.P. reports demographic lending data under HMDA requirements. White applicants have an approval rate of 59.0% and denial rate of 10.7%; Black or African American applicants have an approval rate of 50.5% and denial rate of 19.8%; Asian applicants have an approval rate of 52.3% and denial rate of 10.5%. 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.

Read our methodology — how this data is sourced, computed, and verified.