Vernon County, Missouri · 2025

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

101 lenders acted on 604 mortgage applications for properties in Vernon County in 2025. 24.0% were denied (Missouri: 15.1%). Median rate on closed loans 6.63%; median loan $125,000; median property value $195,000.

604Applications
24.0%Denial ratestate 15.1%
6.63%Median ratestate 6.63%
$125,000Median loan
$195,000Median property value

Largest lenders in Vernon County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Arvest Bank C 4224 33.3%6.75%
2 Gershman Investment B 3925 10.3%6.13%
3 Vanderbilt Mortgage and Finance F 384 52.6%10.63%
4 U.S. Bank D 3412 55.9%8.23%
5 Rocket Mortgage C 3323 15.2%6.63%
6 Community National Bank & Trust C 3230 3.1%7.64%
7 Flat Branch Mortgage A 3227 0.0%6.50%
8 Triad Financial Services D 300 80.0%
9 Freedom Mortgage B 2213 13.6%6.13%
10 Great Southern Bank C 2010 45.0%7.25%
11 Mortgage Research Center C 178 35.3%6.44%
12 Pennymac Loan Services C 149 21.4%6.50%
13 LimeBank 1312 0.0%
14 DAS Acquisition Company B 128 8.3%6.25%
15 United Shore Financial Services B 1210 0.0%6.31%
16 Citizens Bank 97 22.2%
17 Mid-Missouri Bank A 85 12.5%
18 New Day Financial F 71 0.0%6.63%
19 Gateway First Bank B 76 0.0%6.75%
20 FCS Financial, FLCA C 65 16.7%7.20%
21 Newrez D 64 16.7%6.38%
22 Old Missouri Bank B 65 0.0%
23 Sofi Bank D 60 16.7%
24 Click n' Close C 65 0.0%6.88%
25 Southwest Stage Funding F 61 0.0%6.80%

What Vernon County borrowers applied for

By loan purpose

Home purchase 319 53% · 22.9% denied
Refinance 87 14% · 12.6% denied
Cash-out refinance 102 17% · 19.6% denied
Home improvement 53 9% · 47.2% denied
Other / HELOC 43 7% · 37.2% denied

By loan type

Conventional 408 68% · 29.4% denied
FHA 97 16% · 15.5% denied
VA 61 10% · 13.1% denied
USDA / RHS 38 6% · 5.3% denied

Why applications were denied

Credit history 71 52%
Debt-to-income ratio 22 16%
Collateral 21 15%
Incomplete application 7 5%
Other 6 4%
Unverifiable information 5 4%
Insufficient cash 3 2%
Employment history 2 1%

Vernon County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202347527722.5%6.99%$115,000
202448930718.6%6.88%$125,000
202560433324.0%6.63%$125,000

Frequently asked questions

24.0% of applications in Vernon County were denied in 2025, against 15.1% statewide in Missouri.

Arvest Bank, with 42 applications in 2025 and a denial rate of 33.3%.

The median mortgage application in Vernon County in 2025 was for $125,000; the median property value on originated loans was $195,000.