Lenders › CMG Mortgage Inc
CMG Mortgage Inc
HMDA reporter, headquartered in San Ramon, California. 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, CMG Mortgage Inc filed HMDA records for 86,531 applications and 58,894 originations in 50 states, worth $22bn.
Its denial rate, the share of decided applications the lender denied, was 5.7%, below the national rate of 24.3% and below the Texas rate of 26.0%. 17,003 applications were withdrawn by the applicant and 891 files were closed for incompleteness; those are not counted in the denial rate.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); 8.5% of its originations had a spread of 1.5 points or more.
By loan purpose the originations were mostly home purchase (86%) and refinancing (6%); by loan type, conventional (63%) and FHA (19%).
The largest volumes were in Texas (9,763 originations), Washington (4,758 originations) and Florida (3,902 originations).
Applications were up 32% on 2023.
Compared with Texas and the nation
| Measure | This lender | Texas, all lenders | United States |
|---|---|---|---|
| Denial rate (denied ÷ decided applications) | 5.7% | 26.0% | 24.3% |
| Median rate spread, percentage points | 0.3 | 0.2 | 0.3 |
| Originations with spread of 1.5 pp or more | 8.5% | 11.8% | 15.6% |
| Average originated loan | $370k | $350k | $329k |
| Home purchase share of originations | 86.5% | 72.8% | 57.0% |
| FHA-insured share of originations | 19.3% | 19.8% | 13.4% |
| VA-guaranteed share of originations | 10.4% | 10.4% | 7.9% |
| Applications withdrawn by applicant | 19.6% | 15.5% | 14.3% |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 | — | — | — | — | — | 51,937 |
| 2019 | — | — | — | — | — | 75,397 |
| 2020 | — | — | — | — | — | 119,063 |
| 2021 | — | — | — | — | — | 107,604 |
| 2022 | 55,797 | 37,121 | $13bn | 5.0% | 0.5 | 71,978 |
| 2023 | 65,310 | 44,615 | $16bn | 5.5% | 0.3 | 79,582 |
| 2024 | 86,531 | 58,894 | $22bn | 5.7% | 0.3 | 100,398 |
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 86% (50,915)Home improvement 1% (359)Refinancing 6% (3,321)Cash-out refinancing 5% (2,793)Other purpose 3% (1,506)
By type
Conventional 63% (37,214)FHA 19% (11,355)VA 10% (6,103)USDA 7% (4,222)
| Loan type | Applications | Originations | Denied | Denial rate (of applications) |
|---|---|---|---|---|
| Conventional | 55,637 | 37,214 | 2,529 | 4.5% |
| FHA-insured | 16,605 | 11,355 | 860 | 5.2% |
| VA-guaranteed | 8,275 | 6,103 | 169 | 2.0% |
| USDA Rural Housing Service or Farm Service Agency guaranteed | 6,014 | 4,222 | 347 | 5.8% |
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 | 58,894 | 58.7% |
| 2 Application approved but not accepted | 5,838 | 5.8% |
| 3 Application denied | 3,905 | 3.9% |
| 4 Application withdrawn by applicant | 17,003 | 16.9% |
| 5 File closed for incompleteness | 891 | 0.9% |
| 6 Purchased loan | 10,613 | 10.6% |
| 7 Preapproval request denied | 917 | 0.9% |
| 8 Preapproval request approved but not accepted | 2,337 | 2.3% |
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 3,905 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 | 14,438 | 9,763 | $3.3bn | 4.0% | 0.2 |
| Washington | 6,250 | 4,758 | $2.2bn | 3.6% | 0.3 |
| Florida | 6,055 | 3,902 | $1.5bn | 7.7% | 0.2 |
| California | 5,943 | 3,764 | $2.3bn | 7.9% | 0.2 |
| Tennessee | 5,513 | 3,849 | $1.3bn | 3.9% | 0.3 |
| Pennsylvania | 3,391 | 2,502 | $675m | 5.1% | 0.4 |
| New Jersey | 3,111 | 1,878 | $655m | 8.9% | 0.5 |
| New Hampshire | 2,930 | 2,055 | $761m | 5.1% | 0.4 |
| Virginia | 2,697 | 1,948 | $891m | 3.6% | 0.1 |
| Massachusetts | 2,494 | 1,625 | $685m | 7.8% | 0.3 |
| North Carolina | 2,016 | 1,368 | $473m | 4.6% | 0.3 |
| Maine | 1,992 | 1,341 | $454m | 5.4% | 0.4 |
| Arizona | 1,983 | 1,302 | $552m | 9.0% | 0.4 |
| Oregon | 1,981 | 1,406 | $576m | 4.3% | 0.2 |
| Colorado | 1,826 | 1,228 | $604m | 4.2% | 0.2 |
| South Carolina | 1,533 | 1,031 | $320m | 8.9% | 0.3 |
| Maryland | 1,480 | 1,050 | $401m | 4.6% | 0.3 |
| Georgia | 1,441 | 913 | $301m | 6.1% | 0.3 |
| Connecticut | 1,367 | 929 | $268m | 10.2% | 0.2 |
| New York | 1,255 | 895 | $398m | 7.0% | 0.0 |
| Nevada | 1,194 | 752 | $255m | 8.9% | 0.4 |
| Alabama | 1,193 | 902 | $246m | 4.6% | 0.3 |
| New Mexico | 1,064 | 700 | $136m | 6.6% | 0.4 |
| Mississippi | 1,030 | 669 | $136m | 7.2% | 0.4 |
| Indiana | 1,029 | 698 | $162m | 6.3% | 0.7 |
| Minnesota | 922 | 642 | $164m | 4.9% | 0.2 |
| Rhode Island | 811 | 525 | $177m | 7.9% | 0.5 |
| Michigan | 759 | 515 | $107m | 5.7% | 0.5 |
| Nebraska | 740 | 517 | $132m | 4.3% | 0.4 |
| Wisconsin | 729 | 505 | $125m | 6.1% | 0.7 |
| Idaho | 715 | 526 | $227m | 4.5% | 0.4 |
| Hawaii | 687 | 445 | $275m | 7.0% | 0.1 |
| South Dakota | 630 | 495 | $159m | 1.1% | 0.3 |
| Ohio | 623 | 402 | $96m | 6.8% | 0.5 |
| Illinois | 605 | 384 | $123m | 7.9% | 0.5 |
| Vermont | 486 | 359 | $110m | 5.8% | 0.2 |
| Utah | 412 | 244 | $107m | 7.5% | 0.1 |
| Iowa | 407 | 305 | $55m | 5.1% | 0.3 |
| Delaware | 407 | 332 | $130m | 2.0% | 0.3 |
| Oklahoma | 406 | 292 | $77m | 3.9% | 0.3 |
| Missouri | 333 | 183 | $44m | 10.3% | 0.5 |
| Louisiana | 318 | 182 | $36m | 12.6% | 0.7 |
| Montana | 281 | 176 | $68m | 7.1% | 0.4 |
| Arkansas | 268 | 157 | $33m | 6.0% | 0.1 |
| Wyoming | 172 | 131 | $41m | 5.9% | 0.5 |
| Kentucky | 161 | 101 | $29m | 4.9% | 0.4 |
| Kansas | 157 | 118 | $30m | 5.8% | 0.3 |
| District of Columbia | 71 | 38 | $22m | 11.8% | 0.1 |
| Alaska | 64 | 38 | $16m | 2.1% | 0.2 |
| West Virginia | 60 | 33 | $10m | 6.7% | 0.2 |
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 |
|---|---|---|---|---|---|
| Harris County | TX | 1,925 | 1,265 | $395m | 5.1% |
| King County | WA | 1,341 | 1,000 | $674m | 3.3% |
| Maricopa County | AZ | 1,423 | 933 | $427m | 8.3% |
| Travis County | TX | 1,108 | 790 | $368m | 2.3% |
| Los Angeles County | CA | 1,067 | 626 | $479m | 9.8% |
| Yakima County | WA | 771 | 623 | $163m | 4.0% |
| Clark County | NV | 986 | 605 | $201m | 9.9% |
| Hidalgo County | TX | 832 | 585 | $121m | 5.1% |
| Bexar County | TX | 932 | 559 | $171m | 7.7% |
| Hillsborough County | NH | 766 | 538 | $202m | 4.6% |
| Rutherford County | TN | 711 | 528 | $174m | 3.3% |
| El Paso County | TX | 742 | 517 | $113m | 5.3% |
| Davidson County | TN | 786 | 513 | $197m | 6.8% |
| Montgomery County | TX | 733 | 507 | $159m | 2.0% |
| San Diego County | CA | 744 | 491 | $363m | 5.5% |
| Williamson County | TX | 634 | 486 | $198m | 1.7% |
| Rockingham County | NH | 697 | 459 | $201m | 5.0% |
| Snohomish County | WA | 611 | 442 | $241m | 5.7% |
| Dallas County | TX | 705 | 438 | $185m | 4.2% |
| Clark County | WA | 589 | 431 | $206m | 3.3% |
| Collin County | TX | 642 | 411 | $190m | 4.5% |
| Benton County | WA | 484 | 408 | $137m | 2.1% |
| York County | ME | 576 | 401 | $152m | 4.6% |
| York County | PA | 480 | 388 | $84m | 2.7% |
| Spokane County | WA | 491 | 383 | $143m | 2.4% |
| Tarrant County | TX | 620 | 376 | $121m | 4.6% |
| Pierce County | WA | 516 | 368 | $179m | 4.3% |
| Hillsborough County | FL | 549 | 364 | $165m | 6.8% |
| Denton County | TX | 525 | 353 | $158m | 2.6% |
| Merrimack County | NH | 474 | 350 | $128m | 4.6% |
Up to 30 counties with at least 50 applications, by originations.
Questions and answers
How many mortgages did CMG Mortgage Inc originate in 2024?
58,894 loans totalling $22bn, from 86,531 applications reported under HMDA. It also purchased 10,613 loans from other institutions, which are counted separately.
What is CMG Mortgage Inc's denial rate and how does it compare?
5.7% 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 CMG Mortgage Inc lend in most?
By originations: Harris County, TX (1,265), King County, WA (1,000), Maricopa County, AZ (933), Travis County, TX (790) and Los Angeles County, CA (626).
What loan types does CMG Mortgage Inc make?
Conventional 37,214, FHA 11,355, VA 6,103 and USDA 4,222 originations in 2024; by purpose, home purchase 50,915, home improvement 359, refinancing 3,321, cash-out refinancing 2,793 and other purpose 1,506.
What reasons did CMG Mortgage Inc report for denials?
The first denial reason recorded most often was debt-to-income ratio (1,279), other (651) and unverifiable information (603), 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.