Lenders › Lower, LLC › Texas
Lower, LLC in Texas
HMDA record for properties in Texas, calendar year 2024. National record · Texas overview
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. Cells under 25 applications are withheld.
In Texas, Lower, LLC reported 4,520 applications and 2,963 originations for 2024, $1.1bn in all.
Its denial rate in the state was 7.1%, below the Texas rate of 26.0% across all lenders and compared with the lender's national rate of 12.7%.
The median rate spread on its Texas originations was 0.4 percentage points (state median 0.2).
Applications in the state were up 240% on 2023.
Compared with the state and the lender's national record
| Measure | In Texas | Texas, all lenders | Lower, LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 7.1% | 26.0% | 12.7% | 24.3% |
| Median rate spread, pp | 0.4 | 0.2 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 4.7% | 11.8% | 7.3% | 15.6% |
| Average originated loan | $358k | $350k | $310k | $329k |
| Home purchase share | 90.2% | 72.8% | 81.3% | 57.0% |
| FHA-insured share | 27.3% | 19.8% | 26.1% | 13.4% |
| VA-guaranteed share | 11.1% | 10.4% | 8.2% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateTexas, all lenders
Loan purpose and loan type in Texas
By purpose
Home purchase 90% (2,673)Refinancing 6% (186)Cash-out refinancing 4% (104)
By type
Conventional 61% (1,814)FHA 27% (808)VA 11% (328)USDA 0% (13)
Denial reasons as coded
Share of 238 denials in Texas by first denial reason coded (outlined bar: all lenders in the state).
Counties in Texas
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Collin County | 444 | 273 | $128m | 5.1% |
| Dallas County | 394 | 236 | $106m | 4.3% |
| Bexar County | 275 | 197 | $65m | 6.6% |
| Denton County | 339 | 195 | $91m | 4.3% |
| Tarrant County | 308 | 189 | $71m | 11.5% |
| Hidalgo County | 227 | 175 | $40m | 10.8% |
| Harris County | 248 | 153 | $43m | 12.8% |
| Williamson County | 173 | 115 | $41m | 7.6% |
| Kaufman County | 182 | 109 | $44m | 5.8% |
| Midland County | 134 | 109 | $37m | 1.7% |
| Lubbock County | 149 | 107 | $28m | 3.4% |
| Johnson County | 163 | 96 | $39m | 3.8% |
| Bell County | 110 | 78 | $21m | 5.6% |
| Ellis County | 129 | 64 | $27m | 1.5% |
| Travis County | 93 | 59 | $26m | 9.0% |
| Wichita County | 70 | 56 | $9.9m | 1.7% |
| Cameron County | 74 | 52 | $14m | 8.1% |
| Galveston County | 68 | 42 | $14m | 18.5% |
| Fort Bend County | 58 | 42 | $14m | 4.3% |
| Rockwall County | 72 | 39 | $17m | 2.4% |
| Ector County | 47 | 39 | $9.3m | 2.4% |
| Montgomery County | 46 | 33 | $11m | 5.7% |
| Parker County | 48 | 31 | $13m | 13.9% |
| Comal County | 38 | 26 | $14m | 6.3% |
| Brazoria County | 25 | 20 | $5.2m | — |
| Webb County | 33 | 19 | $4.4m | 25.9% |
| Hays County | 30 | 19 | $7.5m | — |
| Wise County | 30 | 17 | $6.0m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Lower, LLC originate in Texas in 2024?
2,963 loans totalling $1.1bn, from 4,520 applications reported for properties in Texas.
What is Lower, LLC's denial rate in Texas?
7.1% of decided applications in Texas were denied, against 26.0% for all lenders in the state and 12.7% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Texas counties does Lower, LLC lend in most?
By originations: Collin County (273), Dallas County (236), Bexar County (197), Denton County (195), Tarrant County (189).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Texas. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.