Pennymac Loan Services · Missouri · 2025

Pennymac Loan Services in Missouri: approval rate, denial rate and rates (2025)

Pennymac Loan Services took 4,610 mortgage applications in Missouri in 2025, ranking #11 of 1,023 lenders active in the state. It originated 56.0% of them and denied 12.1% (17.2% of the applications it decided), against a statewide denial rate of 15.1%.

4.6kApplicationsin MO
17.2%Decision denial ratestate 18.7%
6.38%Median ratestate 6.63%
$195,000Median loanstate $175,000
$589MVolume112 counties

Pennymac Loan Services in Missouri vs the state

12.1%Denial rate-2.94 pts vs state
17.2%Decision denial rate-1.52 pts vs state
56.0%Origination rate-6.69 pts vs state
6.38%Median rate-0.25 pts vs state
0.32Rate spread (pts)-0.03 pts vs state
$90kMedian applicant income
2,580Loans originated
559Denied

Trend in Missouri

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,0671,12415.0%6.50%#21
20242,9711,58012.2%6.25%#16
20254,6102,58012.1%6.38%#11

What Pennymac Loan Services lends in Missouri

By loan purpose

Home purchase 927 20% · 11.8% denied
Refinance 1,690 37% · 7.4% denied
Cash-out refinance 1,128 24% · 17.3% denied
Home improvement 3 0% · 0.0% denied
Other / HELOC 862 19% · 15.1% denied

By loan type

Conventional 2,071 45% · 12.8% denied
FHA 1,610 35% · 12.2% denied
VA 874 19% · 9.7% denied
USDA / RHS 55 1% · 23.6% denied

Why it denied Missouri applicants

Collateral 154 28%
Incomplete application 123 22%
Debt-to-income ratio 110 20%
Credit history 98 18%
Unverifiable information 30 5%
Insufficient cash 22 4%
Other 17 3%
Employment history 5 1%

Where in Missouri

Counties with the most Pennymac Loan Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Louis County 58831289 15.1%
Jackson County 50428753 10.5%
Greene County 32822043 13.1%
St. Charles County 32019233 10.3%
Jefferson County 24214329 12.0%
Clay County 20312019 9.4%
Christian County 1429814 9.9%
St. Louis city 1296621 16.3%
Cass County 1147411 9.6%
Pulaski County 93486 6.5%

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: 4,610 applications in 2025, of which 2,580 were originated and 559 denied.

12.1% of all applications, or 17.2% of the applications it actually decided on. The Missouri statewide average across all lenders was 15.1%.

The median rate on loans Pennymac Loan Services originated in Missouri in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Pennymac Loan Services'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