T2 Financial LLC: 2025 mortgage rates, costs & approvals
How T2 Financial LLC priced and approved home loans in 2025, measured against every lender in the official HMDA records.
HMDA legal name: T2 FINANCIAL LLC · LEI 549300GTVXJ2PGXNLM73
In 2025, T2 Financial LLC originated 7,667 home-purchase, refinance and cash-out loans on owner-occupied single-family homes in 49 states — 76th by volume among the 2,017 lenders profiled here.
On conventional 30-year fixed purchase loans its median rate was 6.75% (all lenders: 6.625%); its median rate spread was 20 basis points above the national median. Median conventional loan costs were $6,000, 8% higher than the national median ($5,570).
It denied 5.2% of completed home-purchase applications (all lenders: 8.5%).
How T2 Financial LLC priced home-purchase loans
| Purchase loans, 2025 | T2 Financial LLC | All lenders |
|---|---|---|
| 30-year fixed rate · conventional | 6.750% | 6.625% |
| 30-year fixed rate · FHA | 6.500% | 6.250% |
| 30-year fixed rate · VA | 6.500% | 6.125% |
| 15-year fixed rate · conventional | 6.125% | 5.875% |
| Rate spread vs. APOR · conventional | +0.33 pts | +0.13 pts |
| Total loan costs · conventional | $6,000 | $5,570 |
| Total loan costs · FHA | $11,200 | $11,310 |
| Total loan costs · VA | $8,690 | $6,490 |
| Origination charges (all types) | $2,470 | $1,860 |
| Borrowers paying discount points | 56.7% | 51.3% |
| Points paid, when paid (% of loan) | 0.75% | 0.87% |
| Borrowers receiving lender credits | 43.5% | 33.1% |
Medians shown with at least 20 loans. A lender's numbers reflect its borrowers (credit, down payment, loan size, location) as well as its pricing; HMDA has no credit scores. Rate spread = APR minus the average prime offer rate on the lock date, which removes most of the effect of when the rate was locked.
Loan mix and borrowers
By loan type
By purpose
Why T2 Financial LLC denied purchase applications
First reason the lender reported for each denied home-purchase application.
Where T2 Financial LLC lends
| State | Loans | Applications | Purchase denial rate | 30-yr rate* | Loan costs* |
|---|---|---|---|---|---|
| Texas | 1,056 | 1,150 | 3.4% | 6.625% | $5,860 |
| Florida | 679 | 799 | 6.5% | 6.990% | $7,140 |
| North Carolina | 573 | 647 | 3.7% | 6.750% | $5,420 |
| Ohio | 529 | 608 | 3.8% | 6.875% | $5,410 |
| Kentucky | 523 | 584 | 4.3% | 6.625% | $5,120 |
| Connecticut | 391 | 455 | 5.7% | 6.750% | $5,770 |
| South Carolina | 372 | 419 | 7.1% | 6.875% | $6,020 |
| Virginia | 304 | 331 | 0.3% | 6.625% | $6,990 |
| Illinois | 271 | 299 | 4.7% | 6.875% | $7,600 |
| Arkansas | 255 | 285 | 4.4% | 6.625% | $5,550 |
| Pennsylvania | 220 | 246 | 6.0% | 6.625% | $6,010 |
| Oklahoma | 212 | 242 | 5.3% | 6.875% | $5,760 |
| Massachusetts | 192 | 212 | 13.4% | 6.750% | $5,310 |
| Maryland | 179 | 197 | 4.3% | 6.625% | $6,790 |
| Georgia | 163 | 213 | 11.2% | 6.750% | $7,670 |
| Colorado | 163 | 183 | 5.0% | 6.625% | $6,780 |
| Washington | 157 | 176 | 3.8% | 6.625% | $8,330 |
| Maine | 156 | 181 | 5.2% | 6.875% | $4,730 |
| Arizona | 155 | 184 | 7.2% | 6.625% | $5,340 |
| Michigan | 146 | 163 | 3.9% | 6.875% | $4,990 |
| Tennessee | 131 | 150 | 9.8% | 6.500% | $6,890 |
| Louisiana | 130 | 165 | 10.4% | 6.750% | $5,940 |
| Kansas | 118 | 123 | 0.0% | 7.000% | $4,120 |
| Indiana | 102 | 114 | 6.7% | 6.990% | $4,800 |
| Missouri | 98 | 115 | 7.3% | 6.990% | $4,680 |
| Wisconsin | 60 | 64 | 3.3% | 6.875% | $3,850 |
| Utah | 49 | 53 | 5.4% | — | $10,630 |
| Mississippi | 36 | 50 | 19.1% | — | — |
| California | 36 | 43 | 13.0% | — | — |
| Nebraska | 35 | 40 | 7.9% | 6.875% | $4,150 |
| New Hampshire | 25 | 28 | — | — | — |
| Alabama | 22 | 26 | 8.3% | — | — |
| West Virginia | 21 | 22 | 0.0% | — | — |
| New Jersey | 20 | 26 | — | — | — |
| Rhode Island | 19 | 23 | — | — | — |
| Nevada | 14 | 17 | — | — | — |
| Minnesota | 11 | 14 | — | — | — |
| Wyoming | 11 | 13 | — | — | — |
| New Mexico | 9 | 13 | — | — | — |
| Oregon | 6 | 6 | — | — | — |
| District of Columbia | 4 | 5 | — | — | — |
| Delaware | 4 | 4 | — | — | — |
| Iowa | 3 | 3 | — | — | — |
| Idaho | 3 | 3 | — | — | — |
| Montana | 1 | 2 | — | — | — |
| Alaska | 1 | 1 | — | — | — |
| North Dakota | 1 | 1 | — | — | — |
| Vermont | 1 | 1 | — | — | — |
| South Dakota | 0 | 1 | — | — | — |
*Conventional home-purchase loans, medians with at least 20 loans. Linked state names open T2 Financial LLC's page for that state.
Counties where T2 Financial LLC is a top lender
| County | Rank | Loans | Market share |
|---|---|---|---|
| Kent County, TX | 2 | 2 | 40.0% |
| Irion County, TX | 3 | 1 | 12.5% |
| Lubbock County, TX | 2 | 517 | 11.9% |
| Madison County, KY | 1 | 149 | 10.1% |
| Estill County, KY | 2 | 11 | 9.2% |
| Hale County, TX | 4 | 16 | 8.1% |
| Tom Green County, TX | 3 | 119 | 7.8% |
| Menifee County, KY | 4 | 4 | 6.7% |
| Crosby County, TX | 6 | 2 | 6.5% |
| Lincoln County, KY | 3 | 16 | 6.4% |
| Marion County, SC | 3 | 11 | 6.3% |
| Concho County, TX | 5 | 1 | 6.3% |
| Garrard County, KY | 5 | 17 | 6.2% |
| Morris County, TX | 4 | 8 | 6.2% |
| Garfield County, CO | 5 | 44 | 6.0% |
Check T2 Financial LLC yourself
- FFIEC HMDA Data Browser — the official 2025 records filed under LEI 549300GTVXJ2PGXNLM73.
- NMLS Consumer Access — confirm the company and loan officer are licensed in your state.
- CFPB Consumer Complaint Database — search complaints by company name.
- Compare your Loan Estimate from T2 Financial LLC with similar 2025 loans.
This is a statistical profile, not a review or recommendation. HMDA data alone cannot show whether a lender complies with fair-lending laws, and a lender's medians depend on the borrowers it serves.
Lenders of similar size
Source: FFIEC/CFPB HMDA 2025 public LAR and filer list. Core segment: owner-occupied, single-family site-built, first-lien, closed-end purchase and refinance loans. Methodology