Montgomery County, Arkansas · 2025

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

81 lenders acted on 323 mortgage applications for properties in Montgomery County in 2025. 23.2% were denied (Arkansas: 18.2%). Median rate on closed loans 7.25%; median loan $115,000; median property value $235,000.

323Applications
23.2%Denial ratestate 18.2%
7.25%Median ratestate 6.63%
$115,000Median loan
$235,000Median property value

Largest lenders in Montgomery County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Southern Bancorp Bank C 4336 4.7%7.50%
2 Diamond Bank C 3219 18.8%
3 21st Mortgage F 226 54.6%9.92%
4 Rocket Mortgage C 2215 22.7%6.63%
5 Vanderbilt Mortgage and Finance F 203 35.0%9.99%
6 Triad Financial Services D 180 61.1%
7 Arvest Bank C 179 5.9%7.50%
8 Credit Human Federal Credit Union D 110 90.9%
9 ARKANSAS Federal Credit Union F 117 18.2%7.60%
10 Mortgage Research Center C 61 50.0%6.25%
11 Primary Residential Mortgage C 66 0.0%7.19%
12 Equity Prime Mortgage D 51 0.0%7.75%
13 United Shore Financial Services B 55 0.0%6.40%
14 Coastal Community Bank C 51 0.0%12.74%
15 Union Bank A 55 0.0%

What Montgomery County borrowers applied for

By loan purpose

Home purchase 186 58% · 25.3% denied
Refinance 49 15% · 14.3% denied
Cash-out refinance 37 11% · 21.6% denied
Home improvement 22 7% · 18.2% denied
Other / HELOC 29 9% · 31.0% denied

By loan type

Conventional 276 85% · 24.3% denied
FHA 18 6% · 16.7% denied
VA 26 8% · 19.2% denied
USDA / RHS 3 1% · 0.0% denied

Why applications were denied

Credit history 36 52%
Debt-to-income ratio 16 23%
Collateral 7 10%
Other 4 6%
Unverifiable information 3 4%
Incomplete application 3 4%

Montgomery County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202326012729.2%7.63%$120,000
202430815428.9%7.85%$115,000
202532316423.2%7.25%$115,000

Frequently asked questions

23.2% of applications in Montgomery County were denied in 2025, against 18.2% statewide in Arkansas.

Southern Bancorp Bank, with 43 applications in 2025 and a denial rate of 4.7%.

The median mortgage application in Montgomery County in 2025 was for $115,000; the median property value on originated loans was $235,000.