New Madrid County, Missouri · 2025

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

80 lenders acted on 388 mortgage applications for properties in New Madrid County in 2025. 19.3% were denied (Missouri: 15.1%). Median rate on closed loans 6.75%; median loan $105,000; median property value $175,000.

388Applications
19.3%Denial ratestate 15.1%
6.75%Median ratestate 6.63%
$105,000Median loan
$175,000Median property value

Largest lenders in New Madrid County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Flat Branch Mortgage A 2925 0.0%6.50%
2 Rocket Mortgage C 2718 25.9%7.06%
3 Flanagan State Bank D 2514 24.0%6.81%
4 Regions Bank C 2214 22.7%4.99%
5 DAS Acquisition Company B 2217 4.6%6.75%
6 First State Community Bank C 229 22.7%7.50%
7 Pennymac Loan Services C 154 26.7%6.50%
8 Mortgage Research Center C 126 16.7%6.87%
9 Guild Mortgage A 129 0.0%6.75%
10 Southern Bank A 119 9.1%7.50%
11 First Midwest Bank of Dexter A 115 18.2%
12 Focus Bank C 119 9.1%
13 U.S. Bank D 94 33.3%6.88%
14 Montgomery Bank B 86 25.0%8.00%
15 21st Mortgage F 71 42.9%10.01%
16 Broker Solutions D 73 14.3%7.25%
17 Triad Financial Services D 70 28.6%
18 Century Credit Union A 75 14.3%
19 Loandepot.Com D 60 33.3%
20 AmeriSave Mortgage D 50 100.0%
21 New Day Financial F 51 20.0%7.49%
22 Carrington Mortgage Services D 51 40.0%8.50%
23 United Shore Financial Services B 55 0.0%6.13%
24 Synergy One Lending C 54 0.0%6.69%

What New Madrid County borrowers applied for

By loan purpose

Home purchase 205 53% · 12.2% denied
Refinance 47 12% · 17.0% denied
Cash-out refinance 61 16% · 34.4% denied
Home improvement 36 9% · 27.8% denied
Other / HELOC 39 10% · 28.2% denied

By loan type

Conventional 223 57% · 22.0% denied
FHA 80 21% · 21.3% denied
VA 46 12% · 8.7% denied
USDA / RHS 39 10% · 12.8% denied

Why applications were denied

Credit history 24 35%
Debt-to-income ratio 15 22%
Incomplete application 11 16%
Collateral 10 14%
Other 7 10%
Insufficient cash 1 1%
Unverifiable information 1 1%

New Madrid County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202327714928.5%6.88%$95,000
202430717221.5%6.99%$95,000
202538821119.3%6.75%$105,000

Frequently asked questions

19.3% of applications in New Madrid County were denied in 2025, against 15.1% statewide in Missouri.

Flat Branch Mortgage, with 29 applications in 2025 and a denial rate of 0.0%.

The median mortgage application in New Madrid County in 2025 was for $105,000; the median property value on originated loans was $175,000.