PlainLender

TexasBank

Brownwood, TX

TexasBank processed 1,844 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,269 loans with a 2.5% denial rate. Home Purchase was the primary loan purpose. Based in Brownwood, TX. The approval rate of 68.8% 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. TexasBank processed 1,844 HMDA-reported mortgage applications in 2024, originating 1,269 loans and denying 46 for a denial rate of 2.5% (applicants themselves withdrew 380 files before a decision). The average loan amount was $266,085 at a 8.417% average note rate, and applicants self-reported an average income of $38,000. The lender reports under LEI 2549007NTZZX7VJJPB03 from Brownwood, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. TexasBank's 68.8% origination rate tells you how often an application turned into funded money; the 2.5% 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, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (1,694 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.

1,844
Applications
1,269
Originated
2.5%
Denial Rate
$266,085
Avg Loan Amount
Avg Interest Rate: 8.417% Avg Applicant Income: $38,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 1,694 1,174 32 $266,582
FHA 137 86 13 $262,956
USDA 7 4 1 $193,571
VA 6 5 0 $281,667

Top loan types — TexasBank

Top loan types — TexasBank Horizontal bar chart of the top 4 items by value (applications). Top loan types — TexasBank Top 4 1. Conventional 1,694 2. FHA 137 3. USDA 7 4. VA 6 Top 5 loan types by application volume at TexasBank (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 TexasBank (LEI: 2549007NTZZX7VJJPB03) · 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
20
Debt-to-income ratio
20
Collateral
9
Unverifiable information
7
Employment history
6
Insufficient cash
4
Credit application incomplete
3
Other
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 1,363 1,026 $269,292
Cash-out Refinancing 177 77 $204,887
Refinancing 132 55 $460,152
Other 119 99 $163,235
Home Improvement 15 12 $99,667

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 1,644 70.5% 2.3%
American Indian or Alaska Native 11 54.5% 9.1%
Black or African American 10 50.0% 0.0%
Joint 10 80.0% 0.0%
Asian 8 37.5% 37.5%

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
Hispanic or Latino 1,502 69.9% 2.7%
Not Hispanic or Latino 212 69.8% 1.9%
Joint 23 73.9% 0.0%

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 TexasBank 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

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did TexasBank process?
TexasBank processed 1,844 mortgage applications in the 2023 HMDA reporting year. Of these, 1,269 were originated (approved and funded), 380 were withdrawn by the applicant, and 46 were denied.
What is TexasBank's mortgage approval rate?
TexasBank has an approval (origination) rate of 68.8%, meaning 68.8% of all applications resulted in a funded mortgage. The denial rate is 2.5%.
What is the average loan amount at TexasBank?
The average mortgage loan amount at TexasBank is $266,085. The average interest rate is 8.417%. The average applicant income is $38,000.
What are the most common reasons for mortgage denial at TexasBank?
The most common reasons for mortgage denial at TexasBank are: Credit history, Debt-to-income ratio, Collateral. In total, 46 applications were denied out of 1,844 total applications.
What types of mortgage loans does TexasBank offer?
TexasBank processes Conventional, FHA, USDA, VA loans. The most common type is Conventional with 1,694 applications and an average loan amount of $266,582.
What loan purposes does TexasBank serve?
TexasBank serves the following loan purposes: Home Purchase (1,363 applications), Cash-out Refinancing (177 applications), Refinancing (132 applications), Other (119 applications), Home Improvement (15 applications). Home Purchase is the most common purpose.
Where is TexasBank located?
TexasBank is headquartered in Brownwood, TX. The lender is identified by LEI 2549007NTZZX7VJJPB03 in HMDA data.
How does TexasBank compare in lending across racial demographics?
TexasBank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 70.5% and denial rate of 2.3%; American Indian or Alaska Native applicants have an approval rate of 54.5% and denial rate of 9.1%; Black or African American applicants have an approval rate of 50.0% 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.

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