Boone County, Arkansas · 2025

Mortgage lenders in Boone County, AR: denial rates and top lenders (2025)

150 lenders acted on 1,547 mortgage applications for properties in Boone County in 2025. 14.5% were denied (Arkansas: 18.2%). Median rate on closed loans 6.63%; median loan $155,000; median property value $235,000.

1.5kApplications
14.5%Denial ratestate 18.2%
6.63%Median ratestate 6.63%
$155,000Median loan
$235,000Median property value

Largest lenders in Boone County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Arvest Bank C 12476 17.7%7.00%
2 Click n' Close C 11589 0.0%6.13%
3 Rocket Mortgage C 8556 24.7%6.63%
4 Signature Bank of Arkansas A 8067 0.0%
5 First Community Bank C 7964 3.8%7.63%
6 Equity Bank A 7653 17.1%7.51%
7 Anstaff Bank B 7658 6.6%
8 Guild Mortgage A 6552 1.5%6.75%
9 Regions Bank C 4518 42.2%6.50%
10 Mortgage Research Center C 4519 8.9%6.63%
11 American Pacific Mortgage C 4236 4.8%6.00%
12 21st Mortgage F 396 59.0%10.07%
13 CS Bank A 3836 2.6%
14 Bank of 1889 A 3232 0.0%
15 Bank OZK C 289 39.3%5.99%
16 United Shore Financial Services B 2613 19.2%6.00%
17 Coastal Community Bank C 234 0.0%13.99%
18 Loandepot.Com D 2110 28.6%6.69%
19 Flat Branch Mortgage A 2017 0.0%6.88%
20 Newrez D 205 25.0%6.63%
21 Ameris Bank B 1714 0.0%6.50%
22 Freedom Mortgage B 177 0.0%6.25%
23 Vanderbilt Mortgage and Finance F 170 35.3%
24 Pennymac Loan Services C 166 6.3%7.43%
25 Paramount Residential Mortgage Group B 1612 12.5%6.13%

Best approval odds in Boone County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Signature Bank of Arkansas670.0%
2Click n' Close890.0%
3Guild Mortgage551.8%
4First Community Bank674.5%
5Anstaff Bank637.9%
6Equity Bank6619.7%
7Arvest Bank9922.2%
8Rocket Mortgage7727.3%

What Boone County borrowers applied for

By loan purpose

Home purchase 763 49% · 9.0% denied
Refinance 237 15% · 10.6% denied
Cash-out refinance 254 16% · 21.7% denied
Home improvement 134 9% · 23.9% denied
Other / HELOC 159 10% · 27.0% denied

By loan type

Conventional 1,042 67% · 15.1% denied
FHA 239 15% · 15.9% denied
VA 170 11% · 12.9% denied
USDA / RHS 96 6% · 7.3% denied

Why applications were denied

Credit history 88 40%
Debt-to-income ratio 60 28%
Collateral 35 16%
Incomplete application 16 7%
Other 8 4%
Unverifiable information 5 2%
Insufficient cash 4 2%
Employment history 2 1%

Boone County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,24375716.5%6.88%$135,000
20241,31079215.6%6.75%$135,000
20251,54794414.5%6.63%$155,000

Frequently asked questions

14.5% of applications in Boone County were denied in 2025, against 18.2% statewide in Arkansas.

Arvest Bank, with 124 applications in 2025 and a denial rate of 17.7%.

The median mortgage application in Boone County in 2025 was for $155,000; the median property value on originated loans was $235,000.