Simmons Bank · Arkansas · 2025

Simmons Bank in Arkansas: approval rate, denial rate and rates (2025)

Simmons Bank took 1,568 mortgage applications in Arkansas in 2025, ranking #19 of 802 lenders active in the state. It originated 62.9% of them and denied 22.3% (26.0% of the applications it decided), against a statewide denial rate of 18.2%.

1.6kApplicationsin AR
26.0%Decision denial ratestate 23.1%
6.44%Median ratestate 6.63%
$125,000Median loanstate $165,000
$252MVolume60 counties

Simmons Bank in Arkansas vs the state

22.3%Denial rate+4.13 pts vs state
26.0%Decision denial rate+2.85 pts vs state
62.9%Origination rate+6.05 pts vs state
6.44%Median rate-0.19 pts vs state
0.00Rate spread (pts)-0.34 pts vs state
$84kMedian applicant income
986Loans originated
350Denied

Trend in Arkansas

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,8591,20115.1%7.38%#10
20241,7561,11619.3%7.50%#11
20251,56898622.3%6.44%#19

What Simmons Bank lends in Arkansas

By loan purpose

Home purchase 784 50% · 10.0% denied
Refinance 198 13% · 28.3% denied
Cash-out refinance 86 5% · 38.4% denied
Home improvement 348 22% · 33.6% denied
Other / HELOC 152 10% · 43.4% denied

By loan type

Conventional 1,356 86% · 23.6% denied
FHA 154 10% · 16.9% denied
VA 21 1% · 9.5% denied
USDA / RHS 37 2% · 5.4% denied

Why it denied Arkansas applicants

Debt-to-income ratio 135 39%
Credit history 124 35%
Collateral 44 13%
Incomplete application 23 7%
Other 13 4%
Unverifiable information 6 2%
Insufficient cash 4 1%
Employment history 1 0%

Where in Arkansas

Counties with the most Simmons Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pulaski County 24714165 26.3%
Craighead County 15911821 13.2%
Benton County 1339029 21.8%
White County 115899 7.8%
Washington County 1116329 26.1%
Faulkner County 1037415 14.6%
Saline County 835020 24.1%
Jefferson County 774724 31.2%
Garland County 664013 19.7%
Pope County 502912 24.0%

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: 1,568 applications in 2025, of which 986 were originated and 350 denied.

22.3% of all applications, or 26.0% of the applications it actually decided on. The Arkansas statewide average across all lenders was 18.2%.

The median rate on loans Simmons Bank originated in Arkansas in 2025 was 6.44%, against a statewide median of 6.63%.

About this data. Figures are Simmons Bank'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