Mortgage lender · Hutchinson, KS · LEI 549300JMT2KAYN9PTX82

Members Mortgage Services review: approval odds, rates and grade (2025)

Members Mortgage Services earns a D, weaker than most small mortgage lenders. It turned down 14.9% of the applications it decided on in 2025, which ranks in the 31st percentile for approval odds. Its median loan was priced 0.35 points above the average prime offer rate, ranking in the 39th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

455Applications2025
60.7%Originatedof applications
14.9%Decision denial ratenational 22.6%
6.25%Median ratenational 6.63%
$57MLoan volume5 states

Members Mortgage Services at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

11.7%Denial rate (all applications)-6.33 pts vs national
14.9%Denial rate (decided applications)-7.66 pts vs national
60.7%Origination rate+2.63 pts vs national
20.9%Withdrawn by applicant
1.1%Closed for incompleteness
6.25%Median interest rate-0.38 pts vs national
0.35Median rate spread (pts over APOR)+0.10 pts vs national
$185,000Median loan amount
$6,103Median total loan costs
$80kMedian applicant income
97%Median loan-to-value
0High-cost (HOEPA) loans

How the D grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

31st14.9% denied

Pricingmedian rate spread over APOR, weight 30%

39th0.35 pts

Processwithdrawn + incomplete share, weight 15%

15th22.0%

Closing coststotal loan costs ÷ loan amount, weight 10%

14th3.30% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231886631.9%35.5%6.69%$11M
202437322015.0%18.1%6.38%$42M
202545527611.7%14.9%6.25%$57M

What Members Mortgage Services lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 394 87% · 8.6% denied
Refinance 32 7% · 21.9% denied
Cash-out refinance 29 6% · 41.4% denied

By loan type

Conventional 36 8% · 16.7% denied
FHA 296 65% · 11.2% denied
VA 81 18% · 8.6% denied
USDA / RHS 42 9% · 16.7% denied

Also: 0 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 1 investment properties.

Why Members Mortgage Services denies applications

Primary reason reported for each of the 53 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Credit history 20 38%
Debt-to-income ratio 14 26%
Collateral 8 15%
Insufficient cash 7 13%
Employment history 2 4%
Other 2 4%

How these reasons compare nationally →

Who gets approved at Members Mortgage Services

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k703819.2%
$50k – $100k25014618.3%
$100k – $150k99678.9%
$150k – $250k33230.0%
Applicant ageApplicationsOriginatedDecision denial rate
Under 25634110.2%
25–341599216.5%
35–44100679.0%
45–54603713.0%
55–64362025.8%
65–74281617.4%

Where Members Mortgage Services lends

5 states and 89 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Kansas31120211.9%6.25%#79
Missouri674911.9%6.13%#316
Nebraska281921.4%6.50%#181
Oklahoma960.0%6.88%#410

Frequently asked questions

Members Mortgage Services denied 14.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 31st percentile of small mortgage lenders.

The most common reason Members Mortgage Services gave in 2025 was "credit history", cited on 37.7% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans Members Mortgage Services originated in 2025 was 6.25%, and its median rate spread over the average prime offer rate was 0.35 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 87% of its applications were for home purchases, 13% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 8% conventional, 65% FHA, 18% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Members Mortgage Services. Data sources · Methodology