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U.S. Bank · Missouri · 2025

U.S. Bank in Missouri: approval rate, denial rate and rates (2025)

U.S. Bank took 7,190 mortgage applications in Missouri in 2025, ranking #4 of 1,023 lenders active in the state. It originated 50.4% of them and denied 32.8% (38.8% of the applications it decided), against a statewide denial rate of 15.1%.

7.2kApplicationsin MO
38.8%Decision denial ratestate 18.7%
7.63%Median ratestate 6.63%
$95,000Median loanstate $175,000
$644MVolume111 counties
Full U.S. Bank review All lenders in Missouri

U.S. Bank in Missouri vs the state

32.8%Denial rate+17.74 pts vs state
38.8%Decision denial rate+20.07 pts vs state
50.4%Origination rate-12.28 pts vs state
7.63%Median rate+1.00 pts vs state
0.98Rate spread (pts)+0.63 pts vs state
$94kMedian applicant income
3,622Loans originated
2,359Denied

Trend in Missouri

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236,8683,32836.8%8.20%#2
20246,9863,42334.3%7.88%#4
20257,1903,62232.8%7.63%#4

What U.S. Bank lends in Missouri

By loan purpose

Home purchase 1,961 27% · 12.8% denied
Refinance 404 6% · 12.4% denied
Cash-out refinance 845 12% · 18.3% denied
Home improvement 2,014 28% · 43.9% denied
Other / HELOC 1,966 27% · 51.8% denied

By loan type

Conventional 6,902 96% · 33.5% denied
FHA 217 3% · 19.8% denied
VA 58 1% · 3.5% denied
USDA / RHS 13 0% · 15.4% denied

Why it denied Missouri applicants

Debt-to-income ratio 834 35%
Credit history 730 31%
Collateral 615 26%
Other 94 4%
Unverifiable information 62 3%
Insufficient cash 12 1%
Incomplete application 8 0%
Employment history 4 0%

Where in Missouri

Counties with the most U.S. Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Louis County 1,640823513 31.3%
St. Charles County 730426194 26.6%
Jackson County 654296231 35.3%
Jefferson County 335167120 35.8%
St. Louis city 323143119 36.8%
Greene County 314161102 32.5%
Clay County 23011476 33.0%
Buchanan County 21212654 25.5%
Jasper County 1888570 37.2%
Franklin County 1567649 31.4%

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%
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%
Pennymac Loan ServicesC 4,61012.1%6.38%

Frequently asked questions

Missouri: 7,190 applications in 2025, of which 3,622 were originated and 2,359 denied.

32.8% of all applications, or 38.8% of the applications it actually decided on. The Missouri statewide average across all lenders was 15.1%.

The median rate on loans U.S. Bank originated in Missouri in 2025 was 7.63%, against a statewide median of 6.63%.

About this data. Figures are U.S. 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