Texas mortgage lending data
South region · HMDA 2023 reporting year
In Texas, the 2023 mortgage denial rate was 23.1% — above the national denial rate (+3.5 points vs the 19.6% national rate), ranking it #10 of 51. Lenders originated about 421,653 home-purchase and refinance loans (rank #1). The home-purchase denial rate was 19.9% and refinance 36.7%. By loan type, conventional loans were 72.2%, FHA 18.4%, VA 9.0% and USDA/RHS 0.4%. Informational data, not lending advice.
Source: HMDA Data Browser (FFIEC / CFPB). Data as of June 2026.
Texas mortgage lending at a glance
| Indicator | Texas |
|---|---|
| Total originations (purchase + refinance, 2023) | 421,653 |
| Denied applications | 126,648 |
| Mortgage denial rate | 23.1% |
| Denial-rate rank (1 = highest of 51) | #10 |
| Home-purchase denial rate | 19.9% |
| Refinance denial rate | 36.7% |
| Volume rank (1 = most loans of 51) | #1 |
Source: HMDA Data Browser (FFIEC / CFPB) (2023 reporting year). Data as of June 2026.
Source: HMDA Data Browser (2023), public domain. Denial rate = denied ÷ (originated + denied). Informational only — verify before relying on it.
What the denial rate means
Texas's mortgage denial rate of 23.1% means that for every 100 applications that were either approved-and-originated or denied, about 23 were turned down. That is higher compared with the national figure of 19.6%. Denial rates are driven by applicant credit scores, debt-to-income ratios, the loan type and local home prices — not only by how strict lenders are. Refinance applications are often denied at a different rate than purchase loans: in Texas the purchase denial rate was 19.9% versus 36.7% for refinances.
Texas loan-type mix
How Texas's 421,653 originations break down by loan program. A higher FHA or VA share usually points to more first-time buyers, lower down payments, or a large veteran population.
| Loan type | Originations | Share |
|---|---|---|
| Conventional | 335,906 | 72.2% |
| FHA | 85,804 | 18.4% |
| VA | 41,986 | 9.0% |
| USDA / RHS | 1,704 | 0.4% |
Source: HMDA Data Browser (FFIEC / CFPB) (2023). Data as of June 2026.
See FHA vs VA vs conventional for what each program is. Shares are over loans with a reported type and may not sum to exactly 100% due to rounding.
States with a similar denial rate to Texas
| State | Denial rate | Originations | FHA share | VA share |
|---|---|---|---|---|
| Texas (this state) | 23.1% | 421,653 | 18.4% | 9.0% |
| Arkansas | 23.3% | 45,314 | 15.5% | 7.9% |
| Kentucky | 23.3% | 65,145 | 14.4% | 6.4% |
| Florida | 23.6% | 384,863 | 16.3% | 8.2% |
| South Carolina | 23.8% | 98,330 | 15.5% | 11.1% |
| Georgia | 22.4% | 172,815 | 18.7% | 10.0% |
Frequently asked questions
What was the mortgage denial rate in Texas in 2023?
In 2023, the mortgage denial rate in Texas was about 23.1% — that is, 126,648 applications were denied out of 548,301 that were either originated or denied. That is +3.5 points versus the national rate of 19.6%, and ranks Texas #10 of 51 from highest to lowest. Figures are from HMDA; verify before relying on them.
How many mortgages were originated in Texas?
Lenders originated about 421,653 home-purchase and refinance loans in Texas in 2023 (HMDA reporting year), ranking it #1 of 51 by volume. Of those, the home-purchase denial rate was 19.9% and the refinance denial rate was 36.7%.
What share of Texas mortgages are FHA or VA loans?
In Texas, FHA loans made up about 18.4% of originations and VA loans about 9.0%, with conventional loans the largest share at 72.2% and USDA/RHS loans 0.4%. Higher government-backed shares often reflect more first-time and lower-down-payment buyers.
Is it harder to get a mortgage in Texas than elsewhere?
Texas's denial rate of 23.1% is above the national denial rate. Denial rates reflect applicant credit, income and debt, loan type and local home prices as much as lender behavior, so a higher rate does not by itself mean stricter lenders. States with the most similar denial rates to Texas are Arkansas, Kentucky, Florida.
Keep exploring
Sources & accuracy
All counts are from the HMDA Data Browser (FFIEC / CFPB, 2023 reporting year, public domain). Denial rate, loan-type shares and ranks are transparent calculations over those counts (see methodology). This page is informational and is not financial or lending advice — verify with a licensed lender before making a decision.
Last updated: 2026-06-20