Arkansas mortgages and home buyers, 2025
Incomes, down payments, rates, loan costs, denials and lenders across Arkansas's 75 counties, from official HMDA records.
HMDA 2025 data released June 23, 2026
In 2025, lenders reported 27,719 home-purchase mortgages for owner-occupied, single-family homes in Arkansas. The median buyer borrowed $245,000 on a home valued at $275,000 and reported a household income of $93,000.
Buyers financed a median 95% of the home's value (roughly 5% down), paid a median 6.625% on 30-year fixed conventional loans and faced median conventional loan costs of $3,850.
Lenders denied 8.5% of completed home-purchase applications.
Key facts
- Home buyers' median income ($93,000) is 20% lower than the U.S. median ($116,000).
- Median conventional loan costs ($3,850) were 31% lower than the U.S. median ($5,570).
- USDA rural loans financed 6.6% of purchases.
- 29.9% of buyers put at least 20% down (financed 80% or less), compared with 38.5% nationally.
- The most common age bracket among borrowers was 25–34 (32.3% of purchase loans).
- 53.5% of purchase mortgages had a single borrower with no co-applicant.
- The most-cited reason for denial was debt-to-income ratio (35.9% of denials with a stated reason).
The 2026 conforming limit is $832,750 for a one-unit home in every Arkansas county. See every Arkansas county's 2026 FHA and conforming loan limits.
Arkansas counties compared
Click a column to sort. Medians shown with at least 30 loans.
| County | Purchase loans | Median loan | Buyer income | Down payment | 30-yr rate | Loan costs | Denial rate | FHA limit |
|---|---|---|---|---|---|---|---|---|
| Arkansas County | 122 | $145,000 | $72,000 | 4.5% | — | $2,990 | 15.2% | $541,287 |
| Ashley County | 85 | $145,000 | $79,000 | 3.5% | — | — | 13.0% | $541,287 |
| Baxter County | 381 | $195,000 | $79,000 | 5.0% | 6.625% | $3,180 | 5.6% | $541,287 |
| Benton County | 4,890 | $335,000 | $130,000 | 10.0% | 6.624% | $3,930 | 6.1% | $541,287 |
| Boone County | 363 | $185,000 | $71,000 | 3.5% | 6.575% | $3,560 | 8.2% | $541,287 |
| Bradley County | 33 | $155,000 | $73,000 | — | — | — | 19.1% | $541,287 |
| Calhoun County | 29 | — | — | — | — | — | 6.3% | $541,287 |
| Carroll County | 186 | $235,000 | $94,000 | 5.0% | 6.625% | $3,750 | 10.1% | $541,287 |
| Chicot County | 23 | — | — | — | — | — | 20.0% | $541,287 |
| Clark County | 133 | $175,000 | $73,000 | 5.0% | 6.750% | $2,840 | 11.3% | $541,287 |
| Clay County | 107 | $135,000 | $61,000 | 3.5% | — | $2,200 | 12.9% | $541,287 |
| Cleburne County | 185 | $215,000 | $92,000 | 9.0% | 6.625% | $3,790 | 8.6% | $541,287 |
| Cleveland County | 29 | — | — | — | — | — | 20.0% | $541,287 |
| Columbia County | 117 | $205,000 | $94,000 | 5.0% | 6.700% | $3,440 | 12.7% | $541,287 |
| Conway County | 138 | $185,000 | $74,000 | 5.0% | 6.750% | $3,600 | 14.5% | $541,287 |
| Craighead County | 1,123 | $225,000 | $87,000 | 3.5% | 6.625% | $3,830 | 9.8% | $541,287 |
| Crawford County | 505 | $225,000 | $84,000 | 3.5% | 6.625% | $3,620 | 7.1% | $541,287 |
| Crittenden County | 369 | $205,000 | $73,000 | 3.5% | 6.500% | $4,720 | 4.6% | $541,287 |
| Cross County | 111 | $175,000 | $81,000 | 5.0% | — | $3,560 | 12.4% | $541,287 |
| Dallas County | 29 | — | — | — | — | — | 12.1% | $541,287 |
| Desha County | 30 | $145,000 | — | — | — | — | 27.9% | $541,287 |
| Drew County | 72 | $195,000 | $86,000 | 3.5% | — | — | 13.1% | $541,287 |
| Faulkner County | 1,424 | $235,000 | $94,000 | 5.0% | 6.500% | $4,100 | 7.3% | $541,287 |
| Franklin County | 132 | $165,000 | $81,000 | 3.5% | 6.750% | $3,770 | 12.8% | $541,287 |
| Fulton County | 72 | $175,000 | $73,000 | 3.5% | — | — | 9.8% | $541,287 |
| Garland County | 841 | $225,000 | $87,000 | 6.7% | 6.625% | $3,890 | 9.3% | $541,287 |
| Grant County | 170 | $205,000 | $87,000 | 3.5% | 6.500% | $4,030 | 5.0% | $541,287 |
| Greene County | 444 | $185,000 | $75,000 | 3.5% | 6.625% | $3,290 | 6.5% | $541,287 |
| Hempstead County | 103 | $145,000 | $73,000 | 3.5% | — | $3,100 | 10.9% | $541,287 |
| Hot Spring County | 217 | $175,000 | $74,000 | 3.5% | 6.750% | $3,360 | 14.0% | $541,287 |
| Howard County | 42 | $155,000 | $71,000 | 3.5% | — | — | 4.3% | $541,287 |
| Independence County | 296 | $185,000 | $87,000 | 5.0% | 6.625% | $3,830 | 7.8% | $541,287 |
| Izard County | 104 | $195,000 | $79,000 | 5.0% | 6.875% | $3,840 | 1.8% | $541,287 |
| Jackson County | 74 | $135,000 | $57,000 | 5.0% | — | — | 7.2% | $541,287 |
| Jefferson County | 316 | $155,000 | $71,000 | 3.5% | 6.875% | $4,020 | 10.1% | $541,287 |
| Johnson County | 193 | $175,000 | $69,000 | 3.5% | 6.625% | $3,360 | 12.4% | $541,287 |
| Lafayette County | 11 | — | — | — | — | — | — | $541,287 |
| Lawrence County | 117 | $135,000 | $62,000 | 3.5% | — | $2,890 | 18.1% | $541,287 |
| Lee County | 14 | — | — | — | — | — | — | $541,287 |
| Lincoln County | 38 | $155,000 | $74,000 | 3.5% | — | — | 17.0% | $541,287 |
| Little River County | 68 | $145,000 | $76,000 | 3.5% | — | — | 14.3% | $541,287 |
| Logan County | 113 | $175,000 | $74,000 | 3.5% | — | — | 11.4% | $541,287 |
| Lonoke County | 1,040 | $225,000 | $87,000 | 3.5% | 6.625% | $3,950 | 6.7% | $541,287 |
| Madison County | 128 | $265,000 | $96,000 | 5.0% | 6.500% | $3,650 | 9.0% | $541,287 |
| Marion County | 124 | $185,000 | $76,000 | 5.0% | — | $3,850 | 8.0% | $541,287 |
| Miller County | 235 | $205,000 | $88,000 | 3.5% | 6.750% | $4,560 | 10.0% | $541,287 |
| Mississippi County | 238 | $185,000 | $84,000 | 3.5% | 6.875% | $4,950 | 12.0% | $541,287 |
| Monroe County | 13 | — | — | — | — | — | — | $541,287 |
| Montgomery County | 32 | $195,000 | $83,000 | — | — | — | 15.8% | $541,287 |
| Nevada County | 31 | $105,000 | $52,000 | — | — | — | 16.7% | $541,287 |
| Newton County | 37 | $205,000 | $78,000 | — | — | — | 11.6% | $541,287 |
| Ouachita County | 119 | $165,000 | $72,000 | 3.5% | 6.750% | $3,590 | 13.5% | $541,287 |
| Perry County | 73 | $235,000 | $88,000 | 5.0% | — | $3,820 | 14.6% | $541,287 |
| Phillips County | 34 | $105,000 | $53,000 | 3.0% | — | — | 15.6% | $541,287 |
| Pike County | 29 | — | — | — | — | — | 12.1% | $541,287 |
| Poinsett County | 193 | $155,000 | $67,000 | 3.5% | 6.625% | $3,670 | 5.5% | $541,287 |
| Polk County | 141 | $185,000 | $79,000 | 3.9% | — | — | 10.8% | $541,287 |
| Pope County | 451 | $195,000 | $81,000 | 3.5% | 6.625% | $3,380 | 8.7% | $541,287 |
| Prairie County | 40 | $125,000 | $71,000 | 9.4% | — | — | 16.3% | $541,287 |
| Pulaski County | 3,629 | $235,000 | $92,000 | 5.0% | 6.625% | $4,030 | 9.7% | $541,287 |
| Randolph County | 121 | $155,000 | $62,000 | 3.6% | — | $2,950 | 17.1% | $541,287 |
| St. Francis County | 55 | $135,000 | $71,000 | 3.5% | — | — | 15.4% | $541,287 |
| Saline County | 1,751 | $235,000 | $93,000 | 5.0% | 6.625% | $3,960 | 6.9% | $541,287 |
| Scott County | 46 | $135,000 | $78,000 | 3.5% | — | — | 19.3% | $541,287 |
| Searcy County | 37 | $175,000 | $80,000 | 5.0% | — | — | 19.1% | $541,287 |
| Sebastian County | 983 | $205,000 | $83,000 | 3.5% | 6.625% | $3,550 | 6.9% | $541,287 |
| Sevier County | 57 | $165,000 | $69,000 | 5.0% | — | — | 17.1% | $541,287 |
| Sharp County | 160 | $145,000 | $74,000 | 4.9% | 6.490% | $3,540 | 7.4% | $541,287 |
| Stone County | 69 | $185,000 | $79,000 | 7.6% | — | $3,340 | 8.9% | $541,287 |
| Union County | 228 | $185,000 | $86,000 | 3.7% | 6.750% | $3,210 | 8.6% | $541,287 |
| Van Buren County | 103 | $175,000 | $79,000 | 5.0% | 6.625% | $3,650 | 16.3% | $541,287 |
| Washington County | 2,791 | $305,000 | $110,000 | 10.0% | 6.500% | $3,730 | 7.6% | $541,287 |
| White County | 742 | $195,000 | $78,000 | 3.5% | 6.625% | $3,840 | 6.2% | $541,287 |
| Woodruff County | 19 | — | — | — | — | — | — | $541,287 |
| Yell County | 117 | $175,000 | $81,000 | 3.5% | 6.625% | $3,910 | 12.5% | $541,287 |
Who bought homes in Arkansas
Home-purchase mortgages for owner-occupied, single-family (1–4 unit) site-built homes, first liens, originated in 2025.
Values are medians; "middle half" is the 25th to 75th percentile.
Loan type
What the homes were for
All first-lien, closed-end purchase mortgages, including second homes and investors.
Borrower age
Debt-to-income ratio
Monthly debts (including the new payment) as a share of income, as used in underwriting.
What borrowing cost in Arkansas
Medians for 2025 home-purchase loans. Total loan costs are section D of the Loan Estimate/Closing Disclosure (lender and third-party loan charges, excluding taxes, prepaids and escrow). FHA and VA costs include the upfront mortgage insurance premium or VA funding fee, so compare like with like.
| Measure | Arkansas | U.S. |
|---|---|---|
| 30-year fixed rate · conventional | 6.625% | 6.625% |
| 30-year fixed rate · FHA | 6.250% | 6.250% |
| 30-year fixed rate · VA | 6.250% | 6.125% |
| 15-year fixed rate · conventional | 5.875% | 5.875% |
| Rate spread vs. APOR · conventional | +0.17 pts | +0.13 pts |
| Total loan costs · conventional | $3,850 | $5,570 |
| Total loan costs · FHA | $8,060 | $11,310 |
| Total loan costs · VA | $4,330 | $6,490 |
| Origination charges (all loan types) | $1,800 | $1,860 |
| Borrowers paying discount points | 51.2% | 51.3% |
| Points paid, when paid (% of loan) | 0.72% | 0.87% |
| Borrowers receiving lender credits | 30.2% | 33.1% |
| Adjustable-rate mortgages | 4.8% | 7.4% |
| Jumbo loans (above conforming limit) | 1.3% | 3.8% |
Medians are shown only when at least 30 loans report the field. Rates are those reported at closing; market rates changed during 2025, which the rate spread (APR minus the average prime offer rate on the lock date) adjusts for.
Approvals and denials
Arkansas: 2,632 of 31,076 completed home-purchase applications were denied (8.5%).
Denial rate
| Application | Arkansas | U.S. |
|---|---|---|
| Home purchase | 8.5% | 8.5% |
| Conventional | 7.9% | 7.1% |
| FHA | 9.7% | 12.5% |
| VA | 8.3% | 8.0% |
| USDA | 8.6% | 12.5% |
| Refinance | 16.7% | 17.9% |
| Cash-out refinance | 36.8% | 33.6% |
Main reason for purchase denials
First reason the lender reported.
Denial rate = denied ÷ (originated + approved but not accepted + denied). Withdrawn and incomplete applications are excluded. Differences between places reflect who applies, not only lender behavior.
Refinancing in Arkansas
Top mortgage lenders in Arkansas
| # | Lender | Loans | Share | Denial rate | 30-yr rate* | Spread* | Costs* |
|---|---|---|---|---|---|---|---|
| 1 | Arvest Bank | 2,954 | 7.5% | 5.5% | 6.750% | +0.23 | $3,840 |
| 2 | Rocket Mortgage, LLC | 2,862 | 7.3% | 13.5% | 6.750% | +0.28 | $4,750 |
| 3 | Firsttrust Home Loans, Inc. | 1,892 | 4.8% | 0.7% | 6.750% | +0.34 | $3,820 |
| 4 | United Wholesale Mortgage (UWM) | 1,440 | 3.7% | 11.5% | 6.771% | +0.29 | $4,600 |
| 5 | Flat Branch Mortgage, Inc. | 1,241 | 3.2% | 0.4% | 6.625% | +0.12 | $3,620 |
| 6 | Veterans United Home Loans | 1,171 | 3.0% | 11.3% | 6.625% | +0.38 | $1,650 |
| 7 | Fairway Independent Mortgage Corporation | 978 | 2.5% | 6.5% | 6.625% | +0.44 | $5,540 |
| 8 | Centennial Bank | 872 | 2.2% | 16.5% | 6.500% | +0.11 | $4,100 |
| 9 | First Community Bank | 817 | 2.1% | 2.7% | 6.500% | +0.32 | $4,500 |
| 10 | Eagle Bank and Trust Company | 793 | 2.0% | 4.2% | 6.500% | +0.08 | $3,770 |
| 11 | Freedom Mortgage Corporation | 655 | 1.7% | 14.3% | — | — | — |
| 12 | Arkansas Federal Credit Union | 648 | 1.7% | 12.9% | 6.375% | +0.10 | $4,640 |
| 13 | Pennymac Loan Services, LLC | 581 | 1.5% | 14.0% | 6.750% | +0.17 | $4,140 |
| 14 | DHI Mortgage Company, Ltd. | 571 | 1.5% | 16.6% | 5.875% | −0.70 | $2,000 |
| 15 | Highlands Residential Mortgage, Ltd. | 566 | 1.4% | 0.9% | 6.750% | +0.30 | $4,190 |
| 16 | First Security Bank | 528 | 1.4% | 5.0% | 6.375% | −0.18 | $3,180 |
| 17 | Click n' Close, Inc. | 472 | 1.2% | 2.2% | — | — | $5,970 |
| 18 | First Horizon Bank | 438 | 1.1% | 8.0% | 6.500% | −0.04 | $3,780 |
| 19 | Eustis Mortgage Corporation | 428 | 1.1% | 0.3% | 6.625% | +0.27 | $4,450 |
| 20 | Simmons Bank | 417 | 1.1% | 10.6% | 6.750% | +0.18 | $3,460 |
| 21 | Regions Bank | 412 | 1.1% | 20.0% | 6.625% | +0.19 | $3,610 |
| 22 | Cadence Bank | 364 | 0.9% | 7.7% | 6.750% | +0.26 | $4,000 |
| 23 | Guild Mortgage Company | 343 | 0.9% | 5.9% | 6.750% | +0.18 | $3,940 |
| 24 | Bank of Little Rock Mortgage Corporation | 326 | 0.8% | 4.0% | 6.625% | +0.11 | $3,410 |
| 25 | First Financial Bank | 317 | 0.8% | 6.2% | 6.625% | +0.26 | $3,030 |
Largest lenders in Arkansas by 2025 originations. Loans = home-purchase, refinance and cash-out originations (2025); share = share of those loans here; denial rate = home-purchase applications. *Medians for conventional home-purchase loans, shown with at least 20 loans; spread = APR minus the average prime offer rate at rate lock (percentage points); costs = total loan costs (section D).
Metro areas in Arkansas
- Memphis, TN-MS-AR · 10,296 purchases
- Little Rock-North Little Rock-Conway, AR · 8,087 purchases
- Fayetteville-Springdale-Rogers, AR · 7,809 purchases
- Fort Smith, AR-OK · 1,763 purchases
- Jonesboro, AR · 1,316 purchases
- Texarkana, TX-AR · 895 purchases
- Hot Springs, AR · 841 purchases
Source: FFIEC/CFPB HMDA 2025 public LAR; FHFA and HUD 2026 loan limits. Methodology