Armed Forces Bank · Mississippi · 2025

Armed Forces Bank in Mississippi: approval rate, denial rate and rates (2025)

Armed Forces Bank took 17 mortgage applications in Mississippi in 2025, ranking #252 of 681 lenders active in the state. It originated 64.7% of them and denied 17.7% (21.4% of the applications it decided), against a statewide denial rate of 22.9%.

17Applicationsin MS
21.4%Decision denial ratestate 28.5%
6.25%Median ratestate 6.75%
$335,000Median loanstate $135,000
$3.7MVolume9 counties

Armed Forces Bank in Mississippi vs the state

17.7%Denial rate-5.27 pts vs state
21.4%Decision denial rate-7.02 pts vs state
64.7%Origination rate+11.84 pts vs state
6.25%Median rate-0.50 pts vs state
-0.06Rate spread (pts)-0.39 pts vs state
$86kMedian applicant income
11Loans originated
3Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023161018.8%6.19%#240
20249511.1%6.25%#296
2025171117.7%6.25%#252

What Armed Forces Bank lends in Mississippi

By loan purpose

Home purchase 10 59% · 0.0% denied
Refinance 5 29% · 40.0% denied
Cash-out refinance 1 6% · 0.0% denied
Other / HELOC 1 6% · 100.0% denied

By loan type

Conventional 2 12% · 0.0% denied
FHA 1 6% · 0.0% denied
VA 14 82% · 21.4% denied

Why it denied Mississippi applicants

Incomplete application 2 67%
Other 1 33%

Where in Mississippi

Counties with the most Armed Forces Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harrison County 530 0.0%
Forrest County 330 0.0%
Madison County 211 50.0%
Rankin County 220 0.0%
Hinds County 100 0.0%
Lamar County 110 0.0%
Benton County 101 100.0%
Monroe County 101 100.0%
Marshall County 110 0.0%

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: 17 applications in 2025, of which 11 were originated and 3 denied.

17.7% of all applications, or 21.4% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans Armed Forces Bank originated in Mississippi in 2025 was 6.25%, against a statewide median of 6.75%.

About this data. Figures are Armed Forces Bank'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