By the Wirly Editorial Team | AI-assisted, human-reviewed
Mortgage Refinancing in Texas
Real refinance data for Texas from federal sources, updated annually. See how your state compares to national averages.
Refinance Originations
40,705
2024 HMDA data
Avg Loan Amount
$518,571
National: $428,119
Denial Rate
29.83%
▼ Above national avg
Median Home Value
$260,400
U.S. Census Bureau
Source: HMDA 2024 via CFPB, U.S. Census Bureau ACS
Calculate your refinance savingsRefinance Trends in Texas
Originations by Year
Refinance originations in Texas by year. Source: HMDA via CFPB.
Loan Type Breakdown
Includes all refinance applications (originated, denied, and other outcomes). Source: HMDA via CFPB.
Home Price Trends in Texas
Source: FHFA House Price Index
Top Lenders in Texas
| # | Lender | HMDA Records | Avg Loan |
|---|---|---|---|
| 1 | Rocket Mortgage LLC | 52,097 | - |
| 2 | Pennymac Loan Services LLC | 46,801 | - |
| 3 | United Shore Financial Services LLC | 46,434 | - |
| 4 | 21st Mortgage Corporation | 42,441 | - |
| 5 | Wells Fargo Bank National Association | 40,460 | - |
| 6 | 21st Mortgage Corporation | 39,634 | - |
| 7 | Pennymac Loan Services LLC | 37,511 | - |
| 8 | 21st Mortgage Corporation | 36,575 | - |
| 9 | Rocket Mortgage LLC | 35,636 | - |
| 10 | United Wholesale Mortgage LLC | 34,015 | - |
Ranked by total HMDA filings in the state (2024). Source: HMDA via CFPB.
Compare all lenders →How Texas Compares
| Metric | Texas | National Avg |
|---|---|---|
| Refinance Originations | 40,705 | 697,820 |
| Avg Loan Amount | $518,571 | $428,119 |
| Denial Rate | 29.83% | 24.2% |
Green indicates the state performs better than the national average. Red indicates worse. Source: HMDA 2024, U.S. Census Bureau.
Current Mortgage Rates
30-Year Fixed
6.51%
▲ 6.36% prev
15-Year Fixed
5.85%
▲ 5.71% prev
5/1 ARM
6.06%
▲ 5.95% prev
National average rates updated daily from FRED (Federal Reserve Bank of St. Louis). Your rate depends on your credit score, loan amount, and lender.
Get personalized rates →Frequently Asked Questions
How many people refinanced in Texas in 2024?
In 2024, there were 40,705 refinance originations in Texas, according to HMDA data reported to the CFPB.
What is the average refinance loan amount in Texas?
The average refinance loan amount in Texas was $518,571 in 2024. This reflects originated loans reported through HMDA.
What is the refinance denial rate in Texas?
The refinance denial rate in Texas was 29.83% in 2024. This is calculated from originated and denied applications reported to the CFPB.
What are the top refinance lenders in Texas?
The most active lenders in Texas by HMDA filing volume include Rocket Mortgage LLC, Pennymac Loan Services LLC, United Shore Financial Services LLC. See the full list above for details.
Is it a good time to refinance in Texas?
Whether refinancing makes sense depends on your current rate, loan balance, and how long you plan to stay in your home. Use our refinance calculator and break-even calculator to estimate your potential savings based on current national rates.
Want a deeper analysis?
Read our full editorial guide on refinancing in Texas, including tips, regulations, and state programs.
Read the Texas Refinance GuideData sourced from HMDA (Home Mortgage Disclosure Act) via the CFPB and FRED (Federal Reserve Bank of St. Louis). Demographics from the U.S. Census Bureau American Community Survey. This page is for educational purposes only and does not constitute financial advice. Consult a licensed mortgage professional for personalized guidance.