Morgan County, Missouri · 2025

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

177 lenders acted on 956 mortgage applications for properties in Morgan County in 2025. 19.1% were denied (Missouri: 15.1%). Median rate on closed loans 6.75%; median loan $185,000; median property value $355,000.

956Applications
19.1%Denial ratestate 15.1%
6.75%Median ratestate 6.63%
$185,000Median loan
$355,000Median property value

Largest lenders in Morgan County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 The Central Trust Bank C 11161 16.2%6.63%
2 Flat Branch Mortgage A 5740 1.8%6.63%
3 Rocket Mortgage C 5131 35.3%6.99%
4 U.S. Bank D 3011 43.3%6.99%
5 Mortgage Research Center C 268 30.8%6.56%
6 Midwest Mortgage Associates B 2518 0.0%6.38%
7 Broker Solutions D 213 9.5%7.13%
8 Triad Financial Services D 190 52.6%
9 Vanderbilt Mortgage and Finance F 190 42.1%
10 Commerce Bank D 1810 22.2%6.50%
11 Guild Mortgage A 1813 0.0%6.88%
12 River Region Credit Union A 1612 18.8%
13 AmeriSave Mortgage D 153 66.7%7.88%
14 Pennymac Loan Services C 148 21.4%6.75%
15 Loandepot.Com D 145 35.7%7.75%
16 United Shore Financial Services B 139 15.4%7.87%
17 21st Mortgage F 121 50.0%10.08%
18 New Day Financial F 122 16.7%7.31%
19 Freedom Mortgage B 123 16.7%5.63%
20 Newrez D 126 25.0%6.25%
21 Communityamerica Credit Union B 127 8.3%6.88%
22 Primelending, a Plainscapital A 127 8.3%6.99%
23 Pilgrim Mortgage A 118 0.0%6.43%
24 Navy Federal Credit Union D 117 9.1%7.75%
25 Nationstar Mortgage C 105 10.0%6.99%

Best approval odds in Morgan County

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

#LenderDecidedDecision denial rate
1The Central Trust Bank8022.5%

What Morgan County borrowers applied for

By loan purpose

Home purchase 474 50% · 13.9% denied
Refinance 123 13% · 12.2% denied
Cash-out refinance 204 21% · 27.0% denied
Home improvement 73 8% · 32.9% denied
Other / HELOC 82 9% · 28.1% denied

By loan type

Conventional 743 78% · 20.1% denied
FHA 90 9% · 16.7% denied
VA 105 11% · 17.1% denied
USDA / RHS 18 2% · 5.6% denied

Why applications were denied

Debt-to-income ratio 53 30%
Credit history 47 27%
Collateral 36 20%
Incomplete application 25 14%
Unverifiable information 7 4%
Other 4 2%
Insufficient cash 3 2%
Employment history 1 1%

Morgan County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202370341318.4%7.00%$155,000
202480045317.5%6.99%$175,000
202595650819.1%6.75%$185,000

Frequently asked questions

19.1% of applications in Morgan County were denied in 2025, against 15.1% statewide in Missouri.

The Central Trust Bank, with 111 applications in 2025 and a denial rate of 16.2%.

The median mortgage application in Morgan County in 2025 was for $185,000; the median property value on originated loans was $355,000.