Spring Eq · Kansas · 2025

Spring Eq in Kansas: approval rate, denial rate and rates (2025)

Spring Eq took 725 mortgage applications in Kansas in 2025, ranking #35 of 766 lenders active in the state. It originated 30.6% of them and denied 49.1% (60.2% of the applications it decided), against a statewide denial rate of 15.0%.

725Applicationsin KS
60.2%Decision denial ratestate 18.3%
9.44%Median ratestate 6.63%
$65,000Median loanstate $165,000
$17MVolume63 counties

Spring Eq in Kansas vs the state

49.1%Denial rate+34.07 pts vs state
60.2%Decision denial rate+41.96 pts vs state
30.6%Origination rate-33.20 pts vs state
9.44%Median rate+2.81 pts vs state
3.48Rate spread (pts)+3.18 pts vs state
$111kMedian applicant income
222Loans originated
356Denied

Trend in Kansas

YearApplicationsOriginatedDenial rateMedian rateRank in state
202348211963.5%11.05%#46
202459320051.8%9.76%#39
202572522249.1%9.44%#35

What Spring Eq lends in Kansas

By loan purpose

Home purchase 9 1% · 22.2% denied
Refinance 20 3% · 45.0% denied
Cash-out refinance 69 10% · 47.8% denied
Home improvement 232 32% · 48.7% denied
Other / HELOC 395 54% · 50.4% denied

By loan type

Conventional 725 100% · 49.1% denied

Why it denied Kansas applicants

Incomplete application 248 70%
Debt-to-income ratio 38 11%
Credit history 22 6%
Other 22 6%
Collateral 19 5%
Unverifiable information 5 1%
Employment history 2 1%

Where in Kansas

Counties with the most Spring Eq applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Johnson County 26680121 45.5%
Sedgwick County 1223861 50.0%
Leavenworth County 341416 47.1%
Wyandotte County 331117 51.5%
Shawnee County 32819 59.4%
Douglas County 301310 33.3%
Miami County 1356 46.2%
Geary County 1237 58.3%
Franklin County 1237 58.3%
Butler County 1118 72.7%

Other large lenders in Kansas

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 5,30318.0%6.63%
Communityamerica Credit UnionB 3,57512.4%6.38%
United Shore Financial ServicesB 2,54511.4%6.38%
Mortgage Research CenterC 2,38915.1%6.25%
Fairway Independent MortgageB 2,3602.0%6.63%
Pennymac Loan ServicesC 2,10310.8%6.49%
Credit Union of AmericaC 1,94022.9%7.75%
Capitol Federal Savings BankB 1,87312.6%6.75%
Guild MortgageA 1,5493.6%6.63%
U.S. BankD 1,53431.4%7.28%

Frequently asked questions

Kansas: 725 applications in 2025, of which 222 were originated and 356 denied.

49.1% of all applications, or 60.2% of the applications it actually decided on. The Kansas statewide average across all lenders was 15.0%.

The median rate on loans Spring Eq originated in Kansas in 2025 was 9.44%, against a statewide median of 6.63%.

About this data. Figures are Spring Eq's own HMDA filing for properties located in Kansas, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology