Independence County, Arkansas · 2025

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

117 lenders acted on 1,159 mortgage applications for properties in Independence County in 2025. 17.9% were denied (Arkansas: 18.2%). Median rate on closed loans 6.88%; median loan $135,000; median property value $205,000.

1.2kApplications
17.9%Denial ratestate 18.2%
6.88%Median ratestate 6.63%
$135,000Median loan
$205,000Median property value

Largest lenders in Independence County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 First Community Bank C 297235 5.7%6.99%
2 Rocket Mortgage C 7857 19.2%6.63%
3 The Citizens Bank D 7151 15.5%8.00%
4 21st Mortgage F 5911 40.7%10.15%
5 First Community Mortgage A 4535 6.7%6.25%
6 Vanderbilt Mortgage and Finance F 416 31.7%10.01%
7 Mortgage Research Center C 3719 21.6%6.25%
8 FNBC Bank C 3735 2.7%
9 ARKANSAS Federal Credit Union F 2912 31.0%7.80%
10 Southern Bank A 2418 12.5%7.38%
11 Credit Human Federal Credit Union D 200 100.0%
12 Triad Financial Services D 180 55.6%
13 Freedom Mortgage B 1712 0.0%6.06%
14 AmeriSave Mortgage D 164 68.8%8.06%
15 Centennial Bank D 1610 25.0%7.50%
16 Kind Lending C 158 40.0%6.75%
17 Flat Branch Mortgage A 1513 0.0%6.63%
18 United Shore Financial Services B 159 13.3%5.99%
19 Pennymac Loan Services C 148 28.6%6.00%
20 Broker Solutions D 137 0.0%7.00%
21 New Day Financial F 112 36.4%6.62%
22 Click n' Close C 108 0.0%6.18%
23 Firsttrust Home Loans B 108 0.0%6.69%
24 Arvest Bank C 97 11.1%6.88%
25 Loandepot.Com D 94 22.2%6.44%

Best approval odds in Independence County

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

#LenderDecidedDecision denial rate
1First Community Bank2546.7%
2The Citizens Bank6417.2%
3Rocket Mortgage7420.3%

What Independence County borrowers applied for

By loan purpose

Home purchase 649 56% · 15.9% denied
Refinance 184 16% · 13.0% denied
Cash-out refinance 171 15% · 25.2% denied
Home improvement 64 6% · 4.7% denied
Other / HELOC 91 8% · 37.4% denied

By loan type

Conventional 811 70% · 19.6% denied
FHA 193 17% · 13.5% denied
VA 112 10% · 16.1% denied
USDA / RHS 43 4% · 9.3% denied

Why applications were denied

Credit history 90 44%
Debt-to-income ratio 30 15%
Collateral 29 14%
Incomplete application 21 10%
Unverifiable information 13 6%
Other 12 6%
Insufficient cash 8 4%
Employment history 3 1%

Independence County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202399858417.7%7.50%$125,000
20241,06062019.4%7.00%$135,000
20251,15970417.9%6.88%$135,000

Frequently asked questions

17.9% of applications in Independence County were denied in 2025, against 18.2% statewide in Arkansas.

First Community Bank, with 297 applications in 2025 and a denial rate of 5.7%.

The median mortgage application in Independence County in 2025 was for $135,000; the median property value on originated loans was $205,000.