Lenders › Primelending
Primelending
HMDA reporter, headquartered in Dallas, Texas. Record for calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Figures are from the 2024 public HMDA loan/application register; cells under 25 applications are withheld.
In 2024, Primelending filed HMDA records for 34,113 applications and 25,147 originations in 47 states, worth $8.0bn.
Its denial rate, the share of decided applications the lender denied, was 6.5%, below the national rate of 24.3% and below the Texas rate of 26.0%. 4,542 applications were withdrawn by the applicant and 122 files were closed for incompleteness; those are not counted in the denial rate.
The median rate spread on its originated loans, the difference between the loan's APR and the average prime offer rate, was 0.3 percentage points (national median 0.3); 5.0% of its originations had a spread of 1.5 points or more.
By loan purpose the originations were mostly home purchase (92%) and cash-out refinancing (4%); by loan type, conventional (71%) and FHA (18%).
The largest volumes were in Texas (6,360 originations), South Carolina (1,474 originations) and Missouri (1,507 originations).
Applications were about level with 2023.
Compared with Texas and the nation
| Measure | This lender | Texas, all lenders | United States |
|---|---|---|---|
| Denial rate (denied ÷ decided applications) | 6.5% | 26.0% | 24.3% |
| Median rate spread, percentage points | 0.3 | 0.2 | 0.3 |
| Originations with spread of 1.5 pp or more | 5.0% | 11.8% | 15.6% |
| Average originated loan | $317k | $350k | $329k |
| Home purchase share of originations | 91.6% | 72.8% | 57.0% |
| FHA-insured share of originations | 18.3% | 19.8% | 13.4% |
| VA-guaranteed share of originations | 9.1% | 10.4% | 7.9% |
| Applications withdrawn by applicant | 13.3% | 15.5% | 14.3% |
Texas is the lender's largest state by applications. State and national columns cover every HMDA reporter. Rate spread is reported on originated loans only.
Trend by year
ApplicationsOriginations
This lenderTexasUnited States
| Year | Applications | Originations | Amount | Denial rate | Median spread | LAR records |
|---|---|---|---|---|---|---|
| 2018 | — | — | — | — | — | 74,454 |
| 2019 | — | — | — | — | — | 80,367 |
| 2020 | — | — | — | — | — | 116,638 |
| 2021 | — | — | — | — | — | 103,258 |
| 2022 | 55,922 | 40,050 | $12bn | 6.6% | 0.5 | 57,268 |
| 2023 | 35,590 | 25,964 | $7.8bn | 6.8% | 0.4 | 37,847 |
| 2024 | 34,113 | 25,147 | $8.0bn | 6.5% | 0.3 | 36,578 |
Applications, originations and rates are computed from the public LAR for 2022, 2023, 2024; LAR record counts come from each year's transmittal sheet.
Loan purpose and loan type
By purpose
Home purchase 92% (23,027)Home improvement 0% (6)Refinancing 4% (928)Cash-out refinancing 4% (1,094)Other purpose 0% (92)
By type
Conventional 71% (17,949)FHA 18% (4,602)VA 9% (2,299)USDA 1% (297)
| Loan type | Applications | Originations | Denied | Denial rate (of applications) |
|---|---|---|---|---|
| Conventional | 24,387 | 17,949 | 1,203 | 4.9% |
| FHA-insured | 6,292 | 4,602 | 545 | 8.7% |
| VA-guaranteed | 3,052 | 2,299 | 146 | 4.8% |
| USDA Rural Housing Service or Farm Service Agency guaranteed | 382 | 297 | 27 | 7.1% |
Shares are of originated loans. The per-type denial rate here divides denials by all applications of that type, because decided counts are not kept per type.
Action taken
| HMDA action taken | Records | Share |
|---|---|---|
| 1 Loan originated | 25,147 | 68.7% |
| 2 Application approved but not accepted | 2,381 | 6.5% |
| 3 Application denied | 1,921 | 5.3% |
| 4 Application withdrawn by applicant | 4,542 | 12.4% |
| 5 File closed for incompleteness | 122 | 0.3% |
| 6 Purchased loan | 591 | 1.6% |
| 7 Preapproval request denied | 230 | 0.6% |
| 8 Preapproval request approved but not accepted | 1,644 | 4.5% |
Codes and labels are the HMDA action-taken codes. Applications are codes 1–5; the denial rate divides code 3 by codes 1–3.
Denial reasons as coded
Share of the lender's 1,921 denials by the first denial reason it coded (outlined bar: all lenders nationally). Lenders may record up to four reasons; only the first is counted here.
States
| State | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|
| Texas | 8,677 | 6,360 | $2.4bn | 6.3% | 0.1 |
| South Carolina | 2,017 | 1,474 | $441m | 5.1% | 0.2 |
| Missouri | 1,939 | 1,507 | $366m | 4.6% | 0.3 |
| California | 1,870 | 1,333 | $574m | 7.7% | 0.3 |
| New York | 1,757 | 1,387 | $361m | 6.4% | 0.4 |
| Ohio | 1,544 | 1,193 | $245m | 4.5% | 0.6 |
| Florida | 1,309 | 892 | $300m | 8.7% | 0.3 |
| Arizona | 1,016 | 708 | $266m | 9.0% | 0.3 |
| Pennsylvania | 888 | 707 | $127m | 6.4% | 0.2 |
| New Mexico | 838 | 623 | $105m | 7.7% | 0.3 |
| Washington | 805 | 617 | $233m | 4.4% | 0.2 |
| West Virginia | 763 | 569 | $86m | 6.9% | 0.1 |
| Georgia | 745 | 498 | $152m | 10.8% | 0.2 |
| Illinois | 702 | 537 | $130m | 6.2% | 0.5 |
| Maryland | 683 | 513 | $164m | 6.6% | 0.2 |
| North Carolina | 641 | 472 | $159m | 8.7% | 0.1 |
| Kansas | 548 | 438 | $124m | 5.1% | 0.4 |
| Minnesota | 536 | 414 | $106m | 4.7% | 0.3 |
| Connecticut | 474 | 359 | $125m | 4.8% | 0.4 |
| Nevada | 441 | 293 | $101m | 7.2% | 0.3 |
| Virginia | 431 | 327 | $116m | 4.4% | 0.2 |
| Michigan | 428 | 298 | $82m | 6.9% | 0.6 |
| Indiana | 413 | 307 | $63m | 4.4% | 0.5 |
| Colorado | 372 | 300 | $154m | 3.3% | 0.0 |
| Tennessee | 369 | 242 | $73m | 13.6% | 0.3 |
| Massachusetts | 355 | 246 | $118m | 10.1% | 0.4 |
| Idaho | 339 | 256 | $89m | 2.7% | 0.2 |
| Oklahoma | 321 | 247 | $47m | 3.5% | 0.3 |
| Oregon | 305 | 209 | $97m | 6.2% | 0.4 |
| Alaska | 254 | 187 | $63m | 6.9% | -0.1 |
| Mississippi | 233 | 159 | $35m | 14.1% | 0.4 |
| Utah | 224 | 143 | $60m | 8.3% | 0.3 |
| New Jersey | 219 | 148 | $51m | 9.9% | 0.3 |
| Arkansas | 207 | 143 | $50m | 5.3% | 0.2 |
| Louisiana | 206 | 138 | $31m | 11.9% | 0.4 |
| Wisconsin | 198 | 157 | $52m | 5.7% | 0.3 |
| New Hampshire | 171 | 118 | $46m | 7.7% | 0.3 |
| Montana | 166 | 123 | $52m | 2.2% | 0.1 |
| Kentucky | 155 | 96 | $22m | 15.3% | 0.6 |
| Alabama | 154 | 115 | $27m | 11.7% | 0.5 |
| Vermont | 83 | 66 | $18m | 4.0% | 0.4 |
| Nebraska | 67 | 45 | $10m | 3.6% | 0.1 |
| Delaware | 59 | 51 | $20m | 1.9% | 0.2 |
| Hawaii | 48 | 34 | $24m | 14.0% | 0.1 |
| Wyoming | 43 | 28 | $7.0m | 6.1% | 0.4 |
| Iowa | 32 | 27 | $9.3m | 0.0% | 0.3 |
| Maine | 27 | 22 | $9.7m | — | — |
States with at least 25 applications. States with 100 or more link to the lender's page for that state.
Counties
| County | State | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|---|
| Collin County | TX | 731 | 538 | $280m | 4.0% |
| Denton County | TX | 697 | 525 | $285m | 3.7% |
| Harris County | TX | 710 | 492 | $179m | 8.3% |
| Maricopa County | AZ | 704 | 489 | $194m | 8.6% |
| Greenville County | SC | 581 | 455 | $157m | 1.2% |
| Monroe County | NY | 526 | 439 | $93m | 4.8% |
| Midland County | TX | 491 | 407 | $120m | 4.0% |
| Jackson County | MO | 484 | 369 | $86m | 7.3% |
| Webb County | TX | 465 | 349 | $58m | 11.7% |
| Clay County | MO | 399 | 334 | $98m | 3.1% |
| Tarrant County | TX | 429 | 319 | $107m | 7.4% |
| Bexar County | TX | 398 | 281 | $110m | 6.1% |
| Montgomery County | OH | 350 | 280 | $57m | 1.3% |
| Dallas County | TX | 466 | 264 | $110m | 14.4% |
| Taylor County | TX | 324 | 252 | $60m | 2.5% |
| Spartanburg County | SC | 304 | 234 | $60m | 5.4% |
| Ector County | TX | 276 | 226 | $50m | 2.8% |
| Fort Bend County | TX | 266 | 205 | $89m | 5.1% |
| Williamson County | TX | 252 | 200 | $100m | 3.4% |
| Wayne County | MI | 279 | 197 | $51m | 5.4% |
| Bernalillo County | NM | 259 | 197 | $35m | 3.8% |
| Lycoming County | PA | 231 | 191 | $29m | 4.6% |
| Grayson County | TX | 250 | 184 | $65m | 6.3% |
| Benton County | WA | 223 | 181 | $57m | 2.5% |
| Buchanan County | MO | 214 | 170 | $26m | 0.5% |
| Shasta County | CA | 235 | 167 | $36m | 11.6% |
| Doña Ana County | NM | 220 | 158 | $21m | 9.4% |
| Montgomery County | TX | 203 | 152 | $60m | 3.8% |
| Johnson County | KS | 193 | 149 | $56m | 4.9% |
| Anderson County | SC | 187 | 145 | $39m | 2.6% |
Up to 30 counties with at least 50 applications, by originations.
Questions and answers
How many mortgages did Primelending originate in 2024?
25,147 loans totalling $8.0bn, from 34,113 applications reported under HMDA. It also purchased 591 loans from other institutions, which are counted separately.
What is Primelending's denial rate and how does it compare?
6.5% of decided applications were denied in 2024, against 24.3% nationally and 26.0% in Texas. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws; the data do not include some legitimate credit risk considerations.
Which counties does Primelending lend in most?
By originations: Collin County, TX (538), Denton County, TX (525), Harris County, TX (492), Maricopa County, AZ (489) and Greenville County, SC (455).
What loan types does Primelending make?
Conventional 17,949, FHA 4,602, VA 2,299 and USDA 297 originations in 2024; by purpose, home purchase 23,027, home improvement 6, refinancing 928, cash-out refinancing 1,094 and other purpose 92.
What reasons did Primelending report for denials?
The first denial reason recorded most often was debt-to-income ratio (891), credit history (267) and collateral (261), as coded by the lender in its HMDA filing.
Where does this data come from?
From the 2024 public HMDA loan/application register published by the FFIEC and CFPB, with the lender's name from its HMDA transmittal sheet. Cells under 25 applications are withheld.
Provenance
Source: Home Mortgage Disclosure Act public loan/application register for 2024 (trend years 2022, 2023, 2024) and transmittal sheets 2018–2024, published by the FFIEC and CFPB at ffiec.cfpb.gov, public domain. Lender identity is the LEI and name on its transmittal sheet. This site was built 30 Sep 2026. Errors in processing are corrected at the next build; see corrections. Data through 1 Aug 2026.