Spring Eq in Missouri vs the state
44.8%Denial rate+29.73 pts vs state
54.6%Decision denial rate+35.92 pts vs state
35.4%Origination rate-27.27 pts vs state
9.39%Median rate+2.76 pts vs state
3.44Rate spread (pts)+3.09 pts vs state
$100kMedian applicant income
500Loans originated
633Denied
Trend in Missouri
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 500 | 130 | 58.4% | 10.72% | #75 |
| 2024 | 1,315 | 450 | 49.4% | 9.75% | #35 |
| 2025 | 1,413 | 500 | 44.8% | 9.39% | #36 |
What Spring Eq lends in Missouri
By loan purpose
By loan type
Why it denied Missouri applicants
Where in Missouri
Counties with the most Spring Eq applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jackson County | 194 | 73 | 81 | 41.8% |
| St. Louis County | 191 | 73 | 77 | 40.3% |
| St. Charles County | 146 | 64 | 60 | 41.1% |
| Clay County | 98 | 47 | 37 | 37.8% |
| Jefferson County | 68 | 22 | 30 | 44.1% |
| Greene County | 60 | 24 | 25 | 41.7% |
| Platte County | 47 | 23 | 12 | 25.5% |
| St. Louis city | 43 | 10 | 21 | 48.8% |
| Cass County | 37 | 14 | 21 | 56.8% |
| Boone County | 36 | 10 | 18 | 50.0% |
Other large lenders in Missouri
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 10,460 | 18.4% | 6.63% |
| Flat Branch Mortgage | A | 8,999 | 0.9% | 6.63% |
| Guild Mortgage | A | 7,388 | 2.5% | 6.63% |
| U.S. Bank | D | 7,190 | 32.8% | 7.63% |
| The Central Trust Bank | C | 7,022 | 9.7% | 6.63% |
| United Shore Financial Services | B | 6,710 | 8.0% | 6.55% |
| Communityamerica Credit Union | B | 5,843 | 16.8% | 6.49% |
| Mortgage Research Center | C | 5,734 | 15.6% | 6.25% |
| Broker Solutions | D | 5,007 | 7.8% | 6.88% |
| Commerce Bank | D | 4,905 | 27.2% | 6.72% |
Frequently asked questions
Missouri: 1,413 applications in 2025, of which 500 were originated and 633 denied.
44.8% of all applications, or 54.6% of the applications it actually decided on. The Missouri statewide average across all lenders was 15.1%.
The median rate on loans Spring Eq originated in Missouri in 2025 was 9.39%, against a statewide median of 6.63%.
About this data. Figures are Spring Eq'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