Lender in Texas · HMDA 2025
Summit Funding, Inc. mortgages in Texas
Summit Funding, Inc.'s 2025 home-purchase and refinance lending in Texas, compared with all lenders in the state.
Summit Funding, Inc. originated 318 owner-occupied single-family loans in Texas from 345 completed applications.
Its median conventional purchase loan costs were $9,190 versus $6,860 for all Texas lenders, at a median 30-year fixed rate of 6.75% (Texas: 6.50%).
Loans in TX
318
of 345 applications
Denial rate
5.5%
Purchase · TX 10.2%
Rate spread
+0.37 pts
Conv. · TX +0.09 pts
Loan amount
$295,000
Purchase · TX $315,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 308 | 290 | 5.5% | 6.750% | +0.37 pts | $9,190 | $295,000 |
| Refinance | 26 | 19 | 26.9% | — | — | — | — |
| Cash-out refinance | 11 | 9 | — | — | — | — | — |
*Conventional loans only; medians with at least 20 loans.
Texas counties where Summit Funding, Inc. ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Rains County | 12 | 3 | 2.1% |
| Webb County | 13 | 40 | 2.0% |
| Van Zandt County | 19 | 8 | 1.2% |
| Live Oak County | 21 | 1 | 1.3% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology