Southern Bank · Missouri · 2025

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

Southern Bank took 1,327 mortgage applications in Missouri in 2025, ranking #38 of 1,023 lenders active in the state. It originated 83.7% of them and denied 5.2% (5.8% of the applications it decided), against a statewide denial rate of 15.1%.

1.3kApplicationsin MO
5.8%Decision denial ratestate 18.7%
7.50%Median ratestate 6.63%
$105,000Median loanstate $175,000
$184MVolume66 counties

Southern Bank in Missouri vs the state

5.2%Denial rate-9.87 pts vs state
5.8%Decision denial rate-12.87 pts vs state
83.7%Origination rate+21.06 pts vs state
7.50%Median rate+0.88 pts vs state
0.22Rate spread (pts)-0.13 pts vs state
$91kMedian applicant income
1,111Loans originated
69Denied

Trend in Missouri

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,1869855.1%7.75%#35
20241,2861,0865.6%8.25%#36
20251,3271,1115.2%7.50%#38

What Southern Bank lends in Missouri

By loan purpose

Home purchase 594 45% · 3.7% denied
Refinance 216 16% · 3.7% denied
Cash-out refinance 68 5% · 8.8% denied
Home improvement 250 19% · 5.2% denied
Other / HELOC 199 15% · 10.1% denied

By loan type

Conventional 1,302 98% · 4.9% denied
VA 1 0% · 0.0% denied
USDA / RHS 24 2% · 20.8% denied

Why it denied Missouri applicants

Credit history 33 48%
Debt-to-income ratio 27 39%
Collateral 3 4%
Unverifiable information 3 4%
Other 2 3%
Employment history 1 1%

Where in Missouri

Counties with the most Southern Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Butler County 1421322 1.4%
Greene County 1311142 1.5%
Cape Girardeau County 103905 4.9%
Stoddard County 95798 8.4%
Webster County 93783 3.2%
Howell County 68572 2.9%
Ripley County 67552 3.0%
Christian County 65601 1.5%
Oregon County 55482 3.6%
Scott County 50373 6.0%

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: 1,327 applications in 2025, of which 1,111 were originated and 69 denied.

5.2% of all applications, or 5.8% of the applications it actually decided on. The Missouri statewide average across all lenders was 15.1%.

The median rate on loans Southern Bank originated in Missouri in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are Southern 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