Largest lenders in Madison County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | First State Community Bank | C | 103 | 73 | 14.6% | 6.80% |
| 2 | Guild Mortgage | A | 36 | 28 | 2.8% | 6.63% |
| 3 | Rocket Mortgage | C | 23 | 14 | 34.8% | 6.63% |
| 4 | Mortgage Research Center | C | 18 | 9 | 33.3% | 6.38% |
| 5 | 21st Mortgage | F | 13 | 3 | 46.2% | 9.03% |
| 6 | Newrez | D | 11 | 4 | 18.2% | 5.93% |
| 7 | U.S. Bank | D | 9 | 4 | 11.1% | 7.18% |
| 8 | AmeriSave Mortgage | D | 8 | 2 | 62.5% | 6.44% |
| 9 | Gershman Investment | B | 8 | 8 | 0.0% | 6.63% |
| 10 | Loandepot.Com | D | 7 | 3 | 28.6% | 6.25% |
| 11 | Discover Bank | F | 5 | 1 | 20.0% | 7.30% |
| 12 | New Day Financial | F | 5 | 4 | 0.0% | 7.12% |
| 13 | Freedom Mortgage | B | 5 | 2 | 20.0% | 5.44% |
| 14 | United Shore Financial Services | B | 5 | 3 | 0.0% | 6.63% |
| 15 | Broker Solutions | D | 5 | 0 | 20.0% | — |
| 16 | Great Southern Bank | C | 5 | 4 | 20.0% | 6.99% |
Best approval odds in Madison County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | First State Community Bank | 89 | 16.9% |
What Madison County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Madison County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 311 | 170 | 22.8% | 6.95% | $115,000 |
| 2024 | 314 | 182 | 16.6% | 6.88% | $115,000 |
| 2025 | 363 | 219 | 17.6% | 6.73% | $125,000 |
Frequently asked questions
17.6% of applications in Madison County were denied in 2025, against 15.1% statewide in Missouri.
First State Community Bank, with 103 applications in 2025 and a denial rate of 14.6%.
The median mortgage application in Madison County in 2025 was for $125,000; the median property value on originated loans was $195,000.