Name of the lender

Red Diamond Home Loans, LLCMortgage rates, total loan costs and denial rate, 2025

HMDA year2025

Years filed2018 to 2025

Head office: Southlake, TX
Reporting agency: Department of Housing and Urban Development (HUD)
Legal Entity Identifier (LEI)

Figures by state (CSV)

Red Diamond Home Loans, LLC reported 163 mortgage applications in the HMDA data of 2025.

It originated 126 loans in 2025, for $36.0 million in total.

The median interest rate of its loans in 2025 was 6.625%, and the national median was 6.375%.

The median total loan costs of its loans in 2025 were $6,595, and the national median was $6,413.

It denied 3.4% of the applications that it decided in 2025, and the national denial rate was 22.6%.

Filed figures of Red Diamond Home Loans, LLC, 2025
Figure	This lender	United States
Applications	163Under 0.1% of the US total	11,766,671
Loans originated	126$36.0 million	6,827,891
Median interest rate	6.625%	6.375%
Median total loan costs	$6,595	$6,413
Denial rate	3.4%	22.6%

HMDA data are generally not used alone 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.
The words of the Consumer Financial Protection Bureau (CFPB). Source: Consumer Financial Protection Bureau, Summary of 2023 Data on Mortgage Lending (11 July 2024), copied on 2 Oct 2026. The figures on this page are from the HMDA data of 2025, the snapshot dataset.

Since the last update

No change on record

No tracked figure of this lender has changed since this site started its record. The record compares each update of the HMDA data with the update before it. The record of updates.

PricingMedians of 2025 loans

Interest rate and total loan costs of Red Diamond Home Loans, LLC by loan type, 2025Medians. Each value has the national median of the same loan type under it.
Loan type	Loans in the medians	Interest rate	Total loan costs	Rate spread, points
All loans	126	6.625%US 6.375%	$6,595US $6,413	0.324US 0.161
Conventional	60	6.750%US 6.500%	$6,106US $5,393	0.263US 0.175
FHA-insured	39	6.375%US 6.250%	$9,715US $11,084	0.576US 0.432
VA-guaranteed	27	6.500%US 6.000%	$4,335US $6,088	0.233US −0.422

Interest rate and total loan costs of Red Diamond Home Loans, LLC by loan purpose, 2025Medians, with the national median under each value.
Loan purpose	Loans in the medians	Interest rate	Total loan costs	Rate spread, points
Home purchase	112	6.625%US 6.500%	$6,595US $6,632	0.324US 0.169

Parts of the total loan costs of Red Diamond Home Loans, LLC by loan type, 2025Medians, with the national median under each value.
Loan type	Origination charges	Discount points, of the loans with points	Lender credits, of the loans with credits
All loans	$1,585US $2,062	$1,615US $2,823	$59US $567
Conventional	$2,334US $1,981	$2,616US $2,588	n/aUS $604
FHA-insured	$1,585US $2,831	n/aUS $3,270	n/aUS $567
VA-guaranteed	$0US $1,729	n/aUS $3,300	n/aUS $472

The median rate spread of these loans was 0.324 percentage points above the average prime offer rate (APOR). On a loan of $300,000, that is about $972 more a year, or $81 more a month. The national median spread was 0.161 points.

The dollar amount is a simple interest approximation: the rate spread times the full loan amount for one year. The balance of a loan decreases with each payment, and an APR includes some fees, so the amount for a real loan is different. What a rate spread is.

Median interest rate by year: Red Diamond Home Loans, LLC and the United States

Red Diamond Home Loans, LLCUnited States

Action takenHMDA codes and labels

Records of Red Diamond Home Loans, LLC by the action taken, 2025
Action taken	Records	Share of records	US share
1Loan originated	126	77.3%	50.4%
2Application approved but not accepted	15	9.2%	3.1%
3Application denied	5	3.1%	15.6%
4Application withdrawn by applicant	17	10.4%	12.6%
5File closed for incompleteness	0	0.0%	5.1%
6Purchased loan	0	0.0%	11.7%
7Preapproval request denied	0	0.0%	0.4%
8Preapproval request approved but not accepted	0	0.0%	1.1%

The denial rate is code 3 divided by codes 1, 2 and 3: the applications that the lender decided. Codes 4 and 5 are applications with no decision. Code 6 is a loan that the lender bought.

Denial reasonsFirst reason coded

The lender has fewer than 25 denials in 2025, so this page shows no reasons.

Loan types and purposesLoans of 2025

Applications of Red Diamond Home Loans, LLC by loan type
Loan type	Applications	Loans originated	Denial rate
Conventional	71	60	0.0%US 23.4%
FHA-insured	59	39	6.0%US 21.8%
VA-guaranteed	32	27	3.4%US 16.2%
USDA Rural Housing Service or Farm Service Agency guaranteed	1	0	n/aUS 12.9%

Applications of Red Diamond Home Loans, LLC by loan purpose
Loan purpose	Applications	Loans originated	Share of loans
Home purchase	143	112	88.9%
Home improvement	0	0	0.0%
Refinancing	14	10	7.9%
Cash-out refinancing	6	4	3.2%
Other purpose	0	0	0.0%

The denial rate of a loan type is the denied applications divided by the decided applications of that type. It is "n/a" under 25 decided applications.

States where it lends2 states with 25 applications or more

Red Diamond Home Loans, LLC by state, 2025In order of the names. A state with 100 applications or more links to the lender's page for the state.
State	Applications	Loans originated	Median interest rate	Median total loan costs	Denial rate
Oklahoma	77	54	6.500%	$6,149	6.1%
Texas	65	54	6.625%	$8,153	1.7%

Figures by yearHMDA 2022 to 2025

Red Diamond Home Loans, LLC by HMDA year"n/a" shows a year with fewer than 25 applications, or a year that this site does not process.
Year	Applications	Loans originated	Median interest rate	Median total loan costs	Denial rate	Records filed
2025	163	126	6.625%	$6,595	3.4%	163
2024	n/a	n/a	n/a	n/a	n/a	n/a
2023	75	59	6.875%	$7,220	5.9%	75
2022	124	103	4.875%	$5,759	3.5%	124
2021	n/a	n/a	n/a	n/a	n/a	204
2020	n/a	n/a	n/a	n/a	n/a	194
2019	n/a	n/a	n/a	n/a	n/a	8
2018	n/a	n/a	n/a	n/a	n/a	6

Records filed is the count on the lender's HMDA transmittal sheet. It includes purchased loans and requests for preapproval.

Denial rate by year: Red Diamond Home Loans, LLC and the United States

Red Diamond Home Loans, LLCUnited States

VA lender statisticsLoans that VA guaranteed, by month

VA-guaranteed loans of RED DIAMOND HOME LOANS LLC, Sep 2025 to Aug 2026National figures from the Department of Veterans Affairs. VA counts a loan in the month of the guarantee.
Month	All	Purchase	IRRRL
August 2026	3	3	0
July 2026	0	0	0
June 2026	1	1	0
May 2026	2	2	0
April 2026	2	2	0
March 2026	3	3	0
February 2026	0	0	0
January 2026	2	2	0
December 2025	6	5	1
November 2025	0	0	0
October 2025	2	1	1
September 2025	2	2	0

IRRRL is the VA Interest Rate Reduction Refinance Loan. The VA name of the lender is "RED DIAMOND HOME LOANS LLC". Every month.

Peer lenders12 lenders

These lenders originated a count of loans close to the count of this lender, in the same states. The site compares the applications of each lender by state. The list is not a ranking.

Alliance BankSulphur Springs, TX
American Bank NAWaco, TX
Citizens Bank of EdmondEdmond, OK
Community National Bank & Trust of TexasCorsicana, TX
Legacy BankHinton, OK
MCT Credit UnionPort Neches, TX
Round Top State BankRound Top, TX
Sooner State BankOklahoma City, OK
Texas BankHenderson, TX
Texas National BankEdinburg, TX
Velocity Credit UnionAustin, TX
Western BankLubbock, TX

Official channelsLinks checked 2 Oct 2026

HMDA Data Browser (FFIEC and CFPB)The HMDA records of this lender, with a CSV download.
Submit a complaint (Consumer Financial Protection Bureau)The CFPB form for a complaint about a mortgage or a lender.

Cite this page

Page: Lender Register, "Red Diamond Home Loans, LLC mortgage rates, 2025", https://lenderregister.com/lender/5493008s3v47shfd8r45-red-diamond-home-loans-llc/
Lender: Red Diamond Home Loans, LLC, LEI 5493008S3V47SHFD8R45
Source: Federal Financial Institutions Examination Council and Consumer Financial Protection Bureau, Home Mortgage Disclosure Act data, 2025, snapshot dataset
Data date: HMDA year 2025. Page made 2 Oct 2026.

Provenance

The figures come from the public HMDA loan/application register of 2022 to 2025. The count of records filed comes from the transmittal sheets of 2018 to 2025. The FFIEC and the CFPB publish them at ffiec.cfpb.gov. The name, the head office and the agency are from the newest transmittal sheet of the LEI. The VA figures are from the VA lender statistics.

This site withholds a figure with fewer than 25 applications and a median with fewer than 20 loans. Method of the figures. Terms. Report an error.

Questions

How many loans did Red Diamond Home Loans, LLC buy from other lenders in 2025?: It reported no purchased loans. HMDA counts a purchased loan apart from the applications, so the denial rate does not include it.
In which states did Red Diamond Home Loans, LLC originate the most loans in 2025?: The three states with the most loans were Oklahoma (54) and Texas (54). It had 25 applications or more in 2 states.
Which loan types did Red Diamond Home Loans, LLC originate in 2025?: 60 conventional, 39 FHA and 27 VA.
How did the applications of Red Diamond Home Loans, LLC change from 2022 to 2025?: It reported 124 applications in 2022 and 163 in 2025.