Simmons Bank · Missouri · 2025

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

Simmons Bank took 750 mortgage applications in Missouri in 2025, ranking #67 of 1,023 lenders active in the state. It originated 61.5% of them and denied 26.8% (29.9% of the applications it decided), against a statewide denial rate of 15.1%.

750Applicationsin MO
29.9%Decision denial ratestate 18.7%
4.99%Median ratestate 6.63%
$95,000Median loanstate $175,000
$85MVolume49 counties

Simmons Bank in Missouri vs the state

26.8%Denial rate+11.73 pts vs state
29.9%Decision denial rate+11.17 pts vs state
61.5%Origination rate-1.19 pts vs state
4.99%Median rate-1.63 pts vs state
-2.20Rate spread (pts)-2.55 pts vs state
$79kMedian applicant income
461Loans originated
201Denied

Trend in Missouri

YearApplicationsOriginatedDenial rateMedian rateRank in state
202395259122.5%8.04%#45
202485347230.7%8.50%#55
202575046126.8%4.99%#67

What Simmons Bank lends in Missouri

By loan purpose

Home purchase 205 27% · 13.2% denied
Refinance 153 20% · 22.2% denied
Cash-out refinance 45 6% · 42.2% denied
Home improvement 224 30% · 33.9% denied
Other / HELOC 123 16% · 36.6% denied

By loan type

Conventional 715 95% · 26.4% denied
FHA 26 3% · 42.3% denied
VA 3 0% · 0.0% denied
USDA / RHS 6 1% · 16.7% denied

Why it denied Missouri applicants

Debt-to-income ratio 79 39%
Credit history 69 34%
Collateral 28 14%
Other 11 5%
Incomplete application 10 5%
Employment history 2 1%
Unverifiable information 1 0%
Insufficient cash 1 0%

Where in Missouri

Counties with the most Simmons Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Boone County 1289819 14.8%
St. Louis County 835122 26.5%
Greene County 744321 28.4%
Howell County 462419 41.3%
Christian County 42318 19.0%
Pettis County 40249 22.5%
Cedar County 392513 33.3%
St. Charles County 38248 21.1%
Stone County 33178 24.2%
Texas County 29198 27.6%

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: 750 applications in 2025, of which 461 were originated and 201 denied.

26.8% of all applications, or 29.9% of the applications it actually decided on. The Missouri statewide average across all lenders was 15.1%.

The median rate on loans Simmons Bank originated in Missouri in 2025 was 4.99%, against a statewide median of 6.63%.

About this data. Figures are Simmons Bank'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