New Day Financial · Arkansas · 2025

New Day Financial in Arkansas: approval rate, denial rate and rates (2025)

New Day Financial took 943 mortgage applications in Arkansas in 2025, ranking #32 of 802 lenders active in the state. It originated 21.1% of them and denied 21.7% (48.8% of the applications it decided), against a statewide denial rate of 18.2%.

943Applicationsin AR
48.8%Decision denial ratestate 23.1%
6.99%Median ratestate 6.63%
$205,000Median loanstate $165,000
$44MVolume69 counties

New Day Financial in Arkansas vs the state

21.7%Denial rate+3.55 pts vs state
48.8%Decision denial rate+25.68 pts vs state
21.1%Origination rate-35.73 pts vs state
6.99%Median rate+0.37 pts vs state
0.67Rate spread (pts)+0.33 pts vs state
$71kMedian applicant income
199Loans originated
205Denied

Trend in Arkansas

YearApplicationsOriginatedDenial rateMedian rateRank in state
202365212025.8%7.56%#33
202487418423.9%7.75%#32
202594319921.7%6.99%#32

What New Day Financial lends in Arkansas

By loan purpose

Home purchase 26 3% · 0.0% denied
Refinance 114 12% · 1.8% denied
Cash-out refinance 765 81% · 24.6% denied
Other / HELOC 38 4% · 39.5% denied

By loan type

FHA 40 4% · 40.0% denied
VA 903 96% · 20.9% denied

Why it denied Arkansas applicants

Credit history 130 63%
Debt-to-income ratio 49 24%
Collateral 13 6%
Other 11 5%
Unverifiable information 1 0%
Employment history 1 0%

Where in Arkansas

Counties with the most New Day Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pulaski County 1402532 22.9%
Benton County 531612 22.6%
Garland County 501111 22.0%
White County 48813 27.1%
Saline County 43124 9.3%
Lonoke County 43109 20.9%
Washington County 37512 32.4%
Sebastian County 3697 19.4%
Jefferson County 33411 33.3%
Craighead County 2726 22.2%

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: 943 applications in 2025, of which 199 were originated and 205 denied.

21.7% of all applications, or 48.8% of the applications it actually decided on. The Arkansas statewide average across all lenders was 18.2%.

The median rate on loans New Day Financial originated in Arkansas in 2025 was 6.99%, against a statewide median of 6.63%.

About this data. Figures are New Day Financial'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