Cape Girardeau County, Missouri · 2025

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

184 lenders acted on 2,724 mortgage applications for properties in Cape Girardeau County in 2025. 14.0% were denied (Missouri: 15.1%). Median rate on closed loans 6.75%; median loan $165,000; median property value $265,000.

2.7kApplications
14.0%Denial ratestate 15.1%
6.75%Median ratestate 6.63%
$165,000Median loan
$265,000Median property value

Largest lenders in Cape Girardeau County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 First State Community Bank C 256170 11.7%6.86%
2 The Bank of Missouri C 194119 19.6%6.75%
3 DAS Acquisition Company B 147123 0.7%6.75%
4 Regions Bank C 12874 27.3%6.19%
5 Montgomery Bank B 12696 13.5%7.75%
6 U.S. Bank D 11372 25.7%7.06%
7 Southern Bank A 10390 4.9%7.50%
8 Rocket Mortgage C 10381 15.5%6.50%
9 Guild Mortgage A 9574 0.0%6.75%
10 Alliance Bank A 8172 1.2%
11 Mortgage Research Center C 8039 8.8%6.50%
12 Flat Branch Mortgage A 6544 3.1%6.38%
13 First Missouri State Bank of Cape County 6459 0.0%
14 First Midwest Bank of Dexter A 5451 1.9%
15 Commerce Bank D 5224 28.9%6.38%
16 Pennymac Loan Services C 4931 6.1%6.50%
17 Wood & Huston Bank A 4741 2.1%
18 Banterra Bank C 4624 8.7%6.38%
19 21st Mortgage F 459 57.8%11.63%
20 Synergy One Lending C 3726 8.1%6.63%
21 Gershman Investment B 3223 15.6%6.13%
22 Delmar Financial A 3125 0.0%6.50%
23 Newrez D 3010 20.0%6.69%
24 Nations Direct Mortgage B 2922 3.5%6.74%
25 Freedom Mortgage B 2915 3.5%6.25%

Best approval odds in Cape Girardeau County

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

What Cape Girardeau County borrowers applied for

By loan purpose

Home purchase 1,423 52% · 8.1% denied
Refinance 423 16% · 9.9% denied
Cash-out refinance 368 14% · 21.2% denied
Home improvement 273 10% · 26.4% denied
Other / HELOC 237 9% · 31.7% denied

By loan type

Conventional 2,035 75% · 14.6% denied
FHA 402 15% · 11.2% denied
VA 271 10% · 14.8% denied
USDA / RHS 16 1% · 6.3% denied

Why applications were denied

Credit history 142 40%
Debt-to-income ratio 90 25%
Collateral 52 14%
Other 36 10%
Incomplete application 27 8%
Unverifiable information 6 2%
Insufficient cash 5 1%
Employment history 1 0%

Cape Girardeau County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,2681,49514.8%7.00%$145,000
20242,4351,58615.3%6.99%$145,000
20252,7241,77014.0%6.75%$165,000

Frequently asked questions

14.0% of applications in Cape Girardeau County were denied in 2025, against 15.1% statewide in Missouri.

First State Community Bank, with 256 applications in 2025 and a denial rate of 11.7%.

The median mortgage application in Cape Girardeau County in 2025 was for $165,000; the median property value on originated loans was $265,000.