BMO Bank · Missouri · 2025

BMO Bank in Missouri: approval rate, denial rate and rates (2025)

BMO Bank took 652 mortgage applications in Missouri in 2025, ranking #75 of 1,023 lenders active in the state. It originated 49.7% of them and denied 31.3% (37.8% of the applications it decided), against a statewide denial rate of 15.1%.

652Applicationsin MO
37.8%Decision denial ratestate 18.7%
8.48%Median ratestate 6.63%
$115,000Median loanstate $175,000
$65MVolume45 counties

BMO Bank in Missouri vs the state

31.3%Denial rate+16.22 pts vs state
37.8%Decision denial rate+19.08 pts vs state
49.7%Origination rate-12.97 pts vs state
8.48%Median rate+1.86 pts vs state
1.28Rate spread (pts)+0.92 pts vs state
$96kMedian applicant income
324Loans originated
204Denied

Trend in Missouri

YearApplicationsOriginatedDenial rateMedian rateRank in state
202361330232.8%8.19%#63
202459227131.1%8.95%#77
202565232431.3%8.48%#75

What BMO Bank lends in Missouri

By loan purpose

Home purchase 101 15% · 20.8% denied
Refinance 7 1% · 42.9% denied
Cash-out refinance 157 24% · 24.8% denied
Home improvement 237 36% · 34.6% denied
Other / HELOC 150 23% · 39.3% denied

By loan type

Conventional 647 99% · 31.2% denied
FHA 5 1% · 40.0% denied

Why it denied Missouri applicants

Debt-to-income ratio 75 37%
Credit history 71 35%
Collateral 31 15%
Incomplete application 12 6%
Other 8 4%
Unverifiable information 5 2%
Insufficient cash 2 1%

Where in Missouri

Counties with the most BMO Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Louis County 19911451 25.6%
Jackson County 1617954 33.5%
St. Louis city 662620 30.3%
Clay County 472416 34.0%
St. Charles County 432513 30.2%
Cass County 27127 25.9%
Jefferson County 22126 27.3%
Platte County 1465 35.7%
Buchanan County 953 33.3%
Boone County 631 16.7%

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: 652 applications in 2025, of which 324 were originated and 204 denied.

31.3% of all applications, or 37.8% of the applications it actually decided on. The Missouri statewide average across all lenders was 15.1%.

The median rate on loans BMO Bank originated in Missouri in 2025 was 8.48%, against a statewide median of 6.63%.

About this data. Figures are BMO Bank'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