Boone County, Missouri · 2025

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

282 lenders acted on 6,185 mortgage applications for properties in Boone County in 2025. 11.0% were denied (Missouri: 15.1%). Median rate on closed loans 6.50%; median loan $225,000; median property value $335,000.

6.2kApplications
11.0%Denial ratestate 15.1%
6.50%Median ratestate 6.63%
$225,000Median loan
$335,000Median property value

Largest lenders in Boone County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 The Central Trust Bank C 968675 7.0%6.50%
2 Flat Branch Mortgage A 606507 0.2%6.63%
3 River Region Credit Union A 485402 5.0%
4 Mortgage Research Center C 274149 11.0%6.25%
5 Rocket Mortgage C 203152 13.8%6.63%
6 United Shore Financial Services B 170127 12.4%6.25%
7 DAS Acquisition Company B 161115 1.9%6.50%
8 U.S. Bank D 14482 21.5%6.95%
9 Commerce Bank D 13683 23.5%6.63%
10 Simmons Bank C 12898 14.8%3.99%
11 West Community Credit Union B 11868 15.3%6.50%
12 First State Community Bank C 11286 3.6%6.75%
13 The Bank of Missouri C 10487 3.9%6.75%
14 Mid America Bank B 9182 3.3%
15 Pennymac Loan Services C 9049 15.6%6.13%
16 Bell Bank A 8052 6.3%6.69%
17 Freedom Mortgage B 7930 6.3%6.25%
18 Hawthorn Bank A 7065 1.4%6.52%
19 Newrez D 6625 12.1%6.25%
20 Bank of America F 5629 21.4%6.24%
21 Exchange Bank of Missouri B 5650 1.8%
22 AmeriSave Mortgage D 5412 74.1%7.75%
23 The Callaway Bank A 4947 2.0%
24 Navy Federal Credit Union D 4828 8.3%6.25%
25 Nationstar Mortgage C 4633 13.0%8.13%

Best approval odds in Boone County

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

What Boone County borrowers applied for

By loan purpose

Home purchase 3,186 52% · 5.8% denied
Refinance 977 16% · 9.3% denied
Cash-out refinance 908 15% · 17.6% denied
Home improvement 483 8% · 18.2% denied
Other / HELOC 631 10% · 24.6% denied

By loan type

Conventional 4,927 80% · 10.8% denied
FHA 663 11% · 14.5% denied
VA 555 9% · 8.3% denied
USDA / RHS 40 1% · 15.0% denied

Why applications were denied

Credit history 176 27%
Debt-to-income ratio 173 27%
Incomplete application 105 16%
Collateral 97 15%
Other 44 7%
Unverifiable information 27 4%
Insufficient cash 16 2%
Employment history 5 1%

Boone County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20235,0073,29411.8%6.88%$195,000
20245,4313,48812.4%6.75%$205,000
20256,1854,12411.0%6.50%$225,000

Frequently asked questions

11.0% of applications in Boone County were denied in 2025, against 15.1% statewide in Missouri.

The Central Trust Bank, with 968 applications in 2025 and a denial rate of 7.0%.

The median mortgage application in Boone County in 2025 was for $225,000; the median property value on originated loans was $335,000.