Discover Bank · Arkansas · 2025

Discover Bank in Arkansas: approval rate, denial rate and rates (2025)

Discover Bank took 562 mortgage applications in Arkansas in 2025, ranking #45 of 802 lenders active in the state. It originated 19.4% of them and denied 55.3% (74.1% of the applications it decided), against a statewide denial rate of 18.2%.

562Applicationsin AR
74.1%Decision denial ratestate 23.1%
8.60%Median ratestate 6.63%
$55,000Median loanstate $165,000
$8.6MVolume64 counties

Discover Bank in Arkansas vs the state

55.3%Denial rate+37.15 pts vs state
74.1%Decision denial rate+50.92 pts vs state
19.4%Origination rate-37.43 pts vs state
8.60%Median rate+1.97 pts vs state
2.11Rate spread (pts)+1.77 pts vs state
$89kMedian applicant income
109Loans originated
311Denied

Trend in Arkansas

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,73922649.3%9.99%#12
20241,79430752.6%8.86%#10
202556210955.3%8.60%#45

What Discover Bank lends in Arkansas

By loan purpose

Home purchase 30 5% · 66.7% denied
Refinance 108 19% · 55.6% denied
Home improvement 153 27% · 43.8% denied
Other / HELOC 271 48% · 60.5% denied

By loan type

Conventional 562 100% · 55.3% denied

Why it denied Arkansas applicants

Credit history 172 55%
Collateral 42 14%
Debt-to-income ratio 40 13%
Incomplete application 33 11%
Other 21 7%
Unverifiable information 2 1%
Employment history 1 0%

Where in Arkansas

Counties with the most Discover Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Benton County 992447 47.5%
Pulaski County 60933 55.0%
Washington County 49917 34.7%
Sebastian County 39526 66.7%
Faulkner County 31916 51.6%
Garland County 27519 70.4%
Saline County 25315 60.0%
Craighead County 18410 55.6%
Lonoke County 17311 64.7%
Greene County 1338 61.5%

Other large lenders in Arkansas

LenderGradeApplicationsDenial rateMedian rate
Arvest BankC 9,74814.4%7.00%
Rocket MortgageC 5,85420.1%6.63%
ARKANSAS Federal Credit UnionF 4,43923.6%7.50%
Vanderbilt Mortgage and FinanceF 3,49138.4%10.25%
21st MortgageF 3,25046.6%9.69%
Mortgage Research CenterC 2,76718.3%6.25%
Regions BankC 2,64640.0%6.13%
Firsttrust Home LoansB 2,5900.5%6.49%
United Shore Financial ServicesB 2,45613.3%6.12%
Triad Financial ServicesD 2,13354.2%8.68%

Frequently asked questions

Arkansas: 562 applications in 2025, of which 109 were originated and 311 denied.

55.3% of all applications, or 74.1% of the applications it actually decided on. The Arkansas statewide average across all lenders was 18.2%.

The median rate on loans Discover Bank originated in Arkansas in 2025 was 8.60%, against a statewide median of 6.63%.

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