Lower · Missouri · 2025

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

Lower took 396 mortgage applications in Missouri in 2025, ranking #113 of 1,023 lenders active in the state. It originated 48.5% of them and denied 15.7% (24.2% of the applications it decided), against a statewide denial rate of 15.1%.

396Applicationsin MO
24.2%Decision denial ratestate 18.7%
6.50%Median ratestate 6.63%
$235,000Median loanstate $175,000
$50MVolume61 counties

Lower in Missouri vs the state

15.7%Denial rate+0.59 pts vs state
24.2%Decision denial rate+5.52 pts vs state
48.5%Origination rate-14.18 pts vs state
6.50%Median rate-0.13 pts vs state
0.43Rate spread (pts)+0.08 pts vs state
$91kMedian applicant income
192Loans originated
62Denied

Trend in Missouri

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023975514.4%7.25%#240
202434820412.4%6.63%#113
202539619215.7%6.50%#113

What Lower lends in Missouri

By loan purpose

Home purchase 154 39% · 7.1% denied
Refinance 62 16% · 27.4% denied
Cash-out refinance 180 45% · 18.9% denied

By loan type

Conventional 172 43% · 7.0% denied
FHA 128 32% · 24.2% denied
VA 89 22% · 19.1% denied
USDA / RHS 7 2% · 28.6% denied

Why it denied Missouri applicants

Credit history 22 35%
Collateral 18 29%
Debt-to-income ratio 11 18%
Other 6 10%
Insufficient cash 2 3%
Incomplete application 2 3%
Employment history 1 2%

Where in Missouri

Counties with the most Lower applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Louis County 613211 18.0%
Greene County 39246 15.4%
Jackson County 39188 20.5%
Clay County 27129 33.3%
St. Charles County 2684 15.4%
St. Louis city 24131 4.2%
Christian County 2176 28.6%
Jefferson County 1580 0.0%
Platte County 950 0.0%
Franklin County 830 0.0%

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: 396 applications in 2025, of which 192 were originated and 62 denied.

15.7% of all applications, or 24.2% of the applications it actually decided on. The Missouri statewide average across all lenders was 15.1%.

The median rate on loans Lower originated in Missouri in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Lower'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