Hot Spring County, Arkansas · 2025

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

139 lenders acted on 1,373 mortgage applications for properties in Hot Spring County in 2025. 28.8% were denied (Arkansas: 18.2%). Median rate on closed loans 6.75%; median loan $125,000; median property value $185,000.

1.4kApplications
28.8%Denial ratestate 18.2%
6.75%Median ratestate 6.63%
$125,000Median loan
$185,000Median property value

Largest lenders in Hot Spring County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 13517 31.1%10.50%
2 21st Mortgage F 9315 40.9%10.47%
3 Triad Financial Services D 838 56.6%8.63%
4 Bank OZK C 7136 38.0%6.50%
5 Southern Bancorp Bank C 6847 8.8%7.50%
6 Rocket Mortgage C 6439 29.7%6.63%
7 Credit Human Federal Credit Union D 590 88.1%
8 ARKANSAS Federal Credit Union F 5925 33.9%7.50%
9 Fairway Independent Mortgage B 3830 2.6%6.75%
10 U.S. Bank D 3612 52.8%8.85%
11 Arvest Bank C 3013 30.0%7.25%
12 Mortgage Research Center C 2914 17.2%6.50%
13 GMFS A 2621 0.0%6.13%
14 Firsttrust Home Loans B 2521 0.0%6.63%
15 Regions Bank C 2210 50.0%5.81%
16 The Malvern National Bank 2214 13.6%
17 Diamond Lakes Federal Credit Union 2121 0.0%6.50%
18 Pennymac Loan Services C 209 20.0%6.13%
19 Broker Solutions D 203 10.0%7.25%
20 Swbc Mortgage A 1916 0.0%6.63%
21 Flanagan State Bank D 1713 17.7%6.38%
22 United Shore Financial Services B 168 12.5%6.00%
23 Coastal Community Bank C 157 0.0%12.74%
24 Crosscountry Mortgage B 147 7.1%7.00%
25 Eustis Mortgage B 1212 0.0%6.50%

Best approval odds in Hot Spring County

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

#LenderDecidedDecision denial rate
1Southern Bancorp Bank5810.3%
2Rocket Mortgage5932.2%
3Bank OZK6541.5%
4Triad Financial Services8356.6%
5Vanderbilt Mortgage and Finance6564.6%
621st Mortgage5569.1%
7Credit Human Federal Credit Union5988.1%

What Hot Spring County borrowers applied for

By loan purpose

Home purchase 831 61% · 27.8% denied
Refinance 144 10% · 16.7% denied
Cash-out refinance 177 13% · 29.4% denied
Home improvement 95 7% · 43.2% denied
Other / HELOC 126 9% · 38.1% denied

By loan type

Conventional 1,019 74% · 33.6% denied
FHA 189 14% · 18.0% denied
VA 106 8% · 13.2% denied
USDA / RHS 59 4% · 10.2% denied

Why applications were denied

Credit history 171 43%
Debt-to-income ratio 86 22%
Collateral 48 12%
Unverifiable information 29 7%
Other 29 7%
Incomplete application 25 6%
Employment history 4 1%
Insufficient cash 2 1%

Hot Spring County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,20248231.9%7.25%$115,000
20241,27752629.8%6.99%$115,000
20251,37359728.8%6.75%$125,000

Frequently asked questions

28.8% of applications in Hot Spring County were denied in 2025, against 18.2% statewide in Arkansas.

Vanderbilt Mortgage and Finance, with 135 applications in 2025 and a denial rate of 31.1%.

The median mortgage application in Hot Spring County in 2025 was for $125,000; the median property value on originated loans was $185,000.