Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for McLennan County, Texas
Every institution that decided a 1–4 unit mortgage application in McLennan County, home to Waco, between 2023 and 2025: 15,814 applications, 11,845 loans actually funded, across 8 kinds of borrowing.
McLennan County at a glance
15,814Applications decided
2023–2025
11,845Loans funded
75% of decisions
58Census tracts
20 ZIP codes
263,608People
ACS 2023
What the data shows
The typical purchase mortgage here is $265K.
Home improvement loans is the hardest money to get here: lenders approved 57% of 1,061 applications.
Lending by loan type in McLennan County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 84.3% | 9,283 | $265K | 94% | 406 |
| Home improvement loans | 57.1% | 1,061 | $65K | 95% | 80 |
| Cash-out refinance | 66.3% | 1,871 | $185K | 93% | 173 |
| Refinance | 73.6% | 1,507 | $285K | 91% | 179 |
| Investment property purchase | 90.8% | 1,322 | $165K | 95% | 213 |
| Investment cash-out refinance | 80.1% | 321 | $125K | 89% | 89 |
| Investment refinance | 83.6% | 348 | $165K | 90% | 90 |
| Investment home improvement | 77.2% | 101 | $75K | 99% | 23 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.