Mortgage lender · Jefferson City, MO · LEI 549300HC0CLTNVGA0H76

River Region Credit Union review: approval odds, rates and grade (2025)

River Region Credit Union earns an A, placing it in the top fifth of mid-size mortgage lenders. It turned down 7.3% of the applications it decided on in 2025, which ranks in the 61st percentile for approval odds. Compared against 581 mid-size mortgage lenders using 2025 HMDA filings.

1.5kApplications2025
79.6%Originatedof applications
7.3%Decision denial ratenational 22.6%
Median ratenational 6.63%
$219MLoan volume8 states

River Region Credit Union at a glance, 2025

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

7.2%Denial rate (all applications)-10.81 pts vs national
7.3%Denial rate (decided applications)-15.28 pts vs national
79.6%Origination rate+21.59 pts vs national
1.8%Withdrawn by applicant
0.1%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$145,000Median loan amount
Median total loan costs
$110kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the A grade breaks down

Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

61st7.3% denied

Processwithdrawn + incomplete share, weight 15%

98th1.9%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20237566048.7%8.9%$93M
20248906949.6%9.6%$122M
20251,4921,1887.2%7.3%$219M

What River Region Credit Union 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 627 42% · 3.4% denied
Refinance 112 8% · 10.7% denied
Cash-out refinance 281 19% · 11.0% denied
Home improvement 265 18% · 3.0% denied
Other / HELOC 207 14% · 16.9% denied

By loan type

Conventional 1,490 100% · 7.2% denied
VA 2 0% · 0.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 23 manufactured homes, 110 investment properties.

Who gets approved at River Region Credit Union

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

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k1298518.4%
$50k – $100k4893688.0%
$100k – $150k4273656.1%
$150k – $250k3152584.6%
Over $250k89724.6%
Applicant ageApplicationsOriginatedDecision denial rate
Under 25543911.1%
25–342762018.2%
35–443883077.7%
45–543072536.6%
55–642431936.7%
65–741471258.3%
Over 7451443.9%

Where River Region Credit Union lends

8 states and 79 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Missouri1,4851,1847.1%#35

Frequently asked questions

River Region Credit Union denied 7.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 61st percentile of mid-size mortgage lenders.

In 2025, 42% of its applications were for home purchases, 26% for refinancing (including cash-out), and 32% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% 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 River Region Credit Union. Data sources · Methodology