Gershman Investment · Missouri · 2025

Gershman Investment in Missouri: approval rate, denial rate and rates (2025)

Gershman Investment took 2,317 mortgage applications in Missouri in 2025, ranking #21 of 1,023 lenders active in the state. It originated 72.9% of them and denied 6.3% (8.0% of the applications it decided), against a statewide denial rate of 15.1%.

2.3kApplicationsin MO
8.0%Decision denial ratestate 18.7%
6.63%Median ratestate 6.63%
$215,000Median loanstate $175,000
$399MVolume84 counties

Gershman Investment in Missouri vs the state

6.3%Denial rate-8.73 pts vs state
8.0%Decision denial rate-10.75 pts vs state
72.9%Origination rate+10.28 pts vs state
6.63%Median rate0.00 pts vs state
0.35Rate spread (pts)0.00 pts vs state
$81kMedian applicant income
1,690Loans originated
147Denied

Trend in Missouri

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,1401,6255.8%7.00%#20
20242,1631,6305.1%6.75%#23
20252,3171,6906.3%6.63%#21

What Gershman Investment lends in Missouri

By loan purpose

Home purchase 1,910 82% · 6.5% denied
Refinance 273 12% · 3.7% denied
Cash-out refinance 134 6% · 9.7% denied

By loan type

Conventional 1,455 63% · 4.1% denied
FHA 582 25% · 11.7% denied
VA 169 7% · 5.3% denied
USDA / RHS 111 5% · 9.0% denied

Why it denied Missouri applicants

Debt-to-income ratio 47 32%
Credit history 37 25%
Collateral 18 12%
Incomplete application 13 9%
Insufficient cash 12 8%
Employment history 11 7%
Unverifiable information 5 3%
Other 4 3%

Where in Missouri

Counties with the most Gershman Investment applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Louis County 38826322 5.7%
Greene County 37129812 3.2%
St. Charles County 21416810 4.7%
Jefferson County 2041487 3.4%
Christian County 131977 5.3%
St. Louis city 113845 4.4%
Lawrence County 48341 2.1%
St. Francois County 43320 0.0%
Taney County 41360 0.0%
Boone County 401614 35.0%

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: 2,317 applications in 2025, of which 1,690 were originated and 147 denied.

6.3% of all applications, or 8.0% of the applications it actually decided on. The Missouri statewide average across all lenders was 15.1%.

The median rate on loans Gershman Investment originated in Missouri in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Gershman Investment'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