American Financing · Mississippi · 2025

American Financing in Mississippi: approval rate, denial rate and rates (2025)

American Financing took 184 mortgage applications in Mississippi in 2025, ranking #92 of 681 lenders active in the state. It originated 19.6% of them and denied 46.7% (62.3% of the applications it decided), against a statewide denial rate of 22.9%.

184Applicationsin MS
62.3%Decision denial ratestate 28.5%
6.25%Median ratestate 6.75%
$155,000Median loanstate $135,000
$6.9MVolume42 counties

American Financing in Mississippi vs the state

46.7%Denial rate+23.82 pts vs state
62.3%Decision denial rate+33.87 pts vs state
19.6%Origination rate-33.30 pts vs state
6.25%Median rate-0.50 pts vs state
0.28Rate spread (pts)-0.06 pts vs state
$80kMedian applicant income
36Loans originated
86Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231051940.0%6.50%#111
20241331968.4%6.00%#100
20251843646.7%6.25%#92

What American Financing lends in Mississippi

By loan purpose

Home purchase 5 3% · 0.0% denied
Refinance 53 29% · 54.7% denied
Cash-out refinance 115 63% · 47.0% denied
Other / HELOC 11 6% · 27.3% denied

By loan type

Conventional 59 32% · 30.5% denied
FHA 110 60% · 53.6% denied
VA 15 8% · 60.0% denied

Why it denied Mississippi applicants

Credit history 38 44%
Other 22 26%
Debt-to-income ratio 11 13%
Collateral 9 10%
Unverifiable information 2 2%
Incomplete application 2 2%
Insufficient cash 1 1%
Employment history 1 1%

Where in Mississippi

Counties with the most American Financing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harrison County 27214 51.9%
Jackson County 21310 47.6%
DeSoto County 1726 35.3%
Rankin County 1171 9.1%
Madison County 922 22.2%
Pearl River County 712 28.6%
Jones County 614 66.7%
Hancock County 623 50.0%
Alcorn County 612 33.3%
Panola County 514 80.0%

Other large lenders in Mississippi

LenderGradeApplicationsDenial rateMedian rate
21st MortgageF 6,76448.5%10.56%
Trustmark National BankC 5,53112.5%6.75%
Cadence BankB 5,30119.2%7.25%
Regions BankC 4,91644.7%5.75%
Rocket MortgageC 4,63624.8%6.63%
Community Bank of MississippiC 3,8569.0%7.65%
Renasant BankB 3,18814.3%6.99%
Triad Financial ServicesD 3,14034.4%8.76%
Vanderbilt Mortgage and FinanceF 2,84044.3%10.25%
BankPlusB 2,63810.7%6.50%

Frequently asked questions

Mississippi: 184 applications in 2025, of which 36 were originated and 86 denied.

46.7% of all applications, or 62.3% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans American Financing originated in Mississippi in 2025 was 6.25%, against a statewide median of 6.75%.

About this data. Figures are American Financing's own HMDA filing for properties located in Mississippi, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology