NexBank · Missouri · 2025

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

NexBank took 103 mortgage applications in Missouri in 2025, ranking #261 of 1,023 lenders active in the state. It originated 73.8% of them and denied 13.6% (15.2% of the applications it decided), against a statewide denial rate of 15.1%.

103Applicationsin MO
15.2%Decision denial ratestate 18.7%
6.63%Median ratestate 6.63%
$235,000Median loanstate $175,000
$26MVolume25 counties

NexBank in Missouri vs the state

13.6%Denial rate-1.48 pts vs state
15.2%Decision denial rate-3.48 pts vs state
73.8%Origination rate+11.13 pts vs state
6.63%Median rate0.00 pts vs state
0.31Rate spread (pts)-0.04 pts vs state
$105kMedian applicant income
76Loans originated
14Denied

Trend in Missouri

YearApplicationsOriginatedDenial rateMedian rateRank in state
202337295.4%6.75%#363
20241211015.8%6.88%#224
20251037613.6%6.63%#261

What NexBank lends in Missouri

By loan purpose

Home purchase 68 66% · 4.4% denied
Refinance 18 17% · 16.7% denied
Cash-out refinance 12 12% · 41.7% denied
Other / HELOC 5 5% · 60.0% denied

By loan type

Conventional 99 96% · 14.1% denied
VA 4 4% · 0.0% denied

Why it denied Missouri applicants

Collateral 6 43%
Other 3 21%
Debt-to-income ratio 2 14%
Unverifiable information 2 14%
Insufficient cash 1 7%

Where in Missouri

Counties with the most NexBank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jackson County 37284 10.8%
Cass County 11100 0.0%
St. Louis County 843 37.5%
St. Charles County 870 0.0%
Clay County 660 0.0%
Cole County 413 75.0%
Camden County 320 0.0%
Henry County 220 0.0%
Ray County 220 0.0%
St. Louis city 211 50.0%

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: 103 applications in 2025, of which 76 were originated and 14 denied.

13.6% of all applications, or 15.2% of the applications it actually decided on. The Missouri statewide average across all lenders was 15.1%.

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

About this data. Figures are NexBank'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