Better Mortgage · Missouri · 2025

Better Mortgage in Missouri: approval rate, denial rate and rates (2025)

Better Mortgage took 617 mortgage applications in Missouri in 2025, ranking #77 of 1,023 lenders active in the state. It originated 30.3% of them and denied 26.6% (46.2% of the applications it decided), against a statewide denial rate of 15.1%.

617Applicationsin MO
46.2%Decision denial ratestate 18.7%
7.50%Median ratestate 6.63%
$145,000Median loanstate $175,000
$39MVolume76 counties

Better Mortgage in Missouri vs the state

26.6%Denial rate+11.51 pts vs state
46.2%Decision denial rate+27.50 pts vs state
30.3%Origination rate-32.35 pts vs state
7.50%Median rate+0.88 pts vs state
0.71Rate spread (pts)+0.36 pts vs state
$120kMedian applicant income
187Loans originated
164Denied

Trend in Missouri

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023174774.6%6.13%#173
20242028215.4%6.56%#163
202561718726.6%7.50%#77

What Better Mortgage lends in Missouri

By loan purpose

Home purchase 181 29% · 8.8% denied
Refinance 62 10% · 19.4% denied
Cash-out refinance 75 12% · 30.7% denied
Home improvement 38 6% · 29.0% denied
Other / HELOC 261 42% · 39.1% denied

By loan type

Conventional 524 85% · 27.3% denied
FHA 87 14% · 21.8% denied
VA 6 1% · 33.3% denied

Why it denied Missouri applicants

Credit history 48 29%
Incomplete application 46 28%
Collateral 22 13%
Debt-to-income ratio 19 12%
Unverifiable information 14 9%
Other 11 7%
Insufficient cash 2 1%
Employment history 2 1%

Where in Missouri

Counties with the most Better Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Louis County 1094224 22.0%
Jackson County 802525 31.3%
St. Charles County 591314 23.7%
St. Louis city 37129 24.3%
Clay County 3085 16.7%
Boone County 2988 27.6%
Greene County 2355 21.7%
Jefferson County 2354 17.4%
Christian County 1545 33.3%
Platte County 1326 46.2%

Other large lenders in Missouri

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 10,46018.4%6.63%
Flat Branch MortgageA 8,9990.9%6.63%
Guild MortgageA 7,3882.5%6.63%
U.S. BankD 7,19032.8%7.63%
The Central Trust BankC 7,0229.7%6.63%
United Shore Financial ServicesB 6,7108.0%6.55%
Communityamerica Credit UnionB 5,84316.8%6.49%
Mortgage Research CenterC 5,73415.6%6.25%
Broker SolutionsD 5,0077.8%6.88%
Commerce BankD 4,90527.2%6.72%

Frequently asked questions

Missouri: 617 applications in 2025, of which 187 were originated and 164 denied.

26.6% of all applications, or 46.2% of the applications it actually decided on. The Missouri statewide average across all lenders was 15.1%.

The median rate on loans Better Mortgage originated in Missouri in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are Better Mortgage's own HMDA filing for properties located in Missouri, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology