McPherson County, Kansas · 2025

Mortgage lenders in McPherson County, KS: denial rates and top lenders (2025)

101 lenders acted on 691 mortgage applications for properties in McPherson County in 2025. 13.9% were denied (Kansas: 15.0%). Median rate on closed loans 6.75%; median loan $135,000; median property value $235,000.

691Applications
13.9%Denial ratestate 15.0%
6.75%Median ratestate 6.63%
$135,000Median loan
$235,000Median property value

Largest lenders in McPherson County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Peoples Bank and Trust A 216190 5.6%7.00%
2 Flat Branch Mortgage A 4944 0.0%6.50%
3 Gateway First Bank B 4135 9.8%6.75%
4 Rocket Mortgage C 3019 33.3%6.63%
5 The Citizens State Bank 2121 0.0%
6 Great Plains Federal Credit Union 1910 42.1%6.36%
7 Heartland Credit Union D 188 11.1%7.00%
8 Primary Residential Mortgage C 1616 0.0%6.63%
9 21st Mortgage F 146 50.0%9.15%
10 Mortgage Research Center C 149 21.4%6.25%
11 Freedom Mortgage B 133 7.7%6.38%
12 AmeriSave Mortgage D 121 75.0%9.88%
13 Pennymac Loan Services C 114 0.0%6.13%
14 Emprise Bank D 97 22.2%7.50%
15 Better Mortgage F 99 0.0%6.63%
16 Community National Bank & Trust C 76 0.0%7.93%
17 Navy Federal Credit Union D 75 0.0%8.84%
18 Figure Lending C 71 71.4%10.80%
19 American Mortgage Bank C 64 0.0%6.44%
20 Mortgage Investment Services C 63 16.7%7.25%
21 Discover Bank F 52 40.0%9.46%
22 The First National Bank of Hutchinson A 54 0.0%
23 Credit Union of America C 53 20.0%7.75%
24 Carrington Mortgage Services D 53 20.0%6.25%
25 Mutual of Omaha Mortgage C 54 20.0%6.56%

Best approval odds in McPherson County

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

#LenderDecidedDecision denial rate
1Peoples Bank and Trust2025.9%

What McPherson County borrowers applied for

By loan purpose

Home purchase 335 48% · 8.4% denied
Refinance 123 18% · 8.9% denied
Cash-out refinance 88 13% · 28.4% denied
Home improvement 69 10% · 10.1% denied
Other / HELOC 76 11% · 32.9% denied

By loan type

Conventional 512 74% · 14.5% denied
FHA 99 14% · 16.2% denied
VA 46 7% · 6.5% denied
USDA / RHS 34 5% · 8.8% denied

Why applications were denied

Credit history 30 34%
Incomplete application 21 24%
Debt-to-income ratio 18 20%
Collateral 8 9%
Insufficient cash 5 6%
Other 4 4%
Unverifiable information 3 3%

McPherson County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202357041512.1%7.00%$125,000
202471254112.5%6.75%$135,000
202569149613.9%6.75%$135,000

Frequently asked questions

13.9% of applications in McPherson County were denied in 2025, against 15.0% statewide in Kansas.

Peoples Bank and Trust, with 216 applications in 2025 and a denial rate of 5.6%.

The median mortgage application in McPherson County in 2025 was for $135,000; the median property value on originated loans was $235,000.