Baxter Credit Union · Mississippi · 2025

Baxter Credit Union in Mississippi: approval rate, denial rate and rates (2025)

Baxter Credit Union took 57 mortgage applications in Mississippi in 2025, ranking #163 of 681 lenders active in the state. It originated 42.1% of them and denied 38.6% (40.0% of the applications it decided), against a statewide denial rate of 22.9%.

57Applicationsin MS
40.0%Decision denial ratestate 28.5%
6.88%Median ratestate 6.75%
$65,000Median loanstate $135,000
$3.1MVolume15 counties

Baxter Credit Union in Mississippi vs the state

38.6%Denial rate+15.68 pts vs state
40.0%Decision denial rate+11.55 pts vs state
42.1%Origination rate-10.76 pts vs state
6.88%Median rate+0.13 pts vs state
0.19Rate spread (pts)-0.15 pts vs state
$88kMedian applicant income
24Loans originated
22Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023562533.9%7.63%#147
2024531934.0%6.88%#155
2025572438.6%6.88%#163

What Baxter Credit Union lends in Mississippi

By loan purpose

Home purchase 10 18% · 0.0% denied
Refinance 4 7% · 75.0% denied
Cash-out refinance 11 19% · 45.5% denied
Home improvement 16 28% · 37.5% denied
Other / HELOC 16 28% · 50.0% denied

By loan type

Conventional 57 100% · 38.6% denied

Why it denied Mississippi applicants

Debt-to-income ratio 9 41%
Credit history 8 36%
Collateral 3 14%
Other 1 5%
Incomplete application 1 5%

Where in Mississippi

Counties with the most Baxter Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bolivar County 2288 36.4%
DeSoto County 1549 60.0%
Sunflower County 412 50.0%
Rankin County 330 0.0%
Madison County 220 0.0%
Coahoma County 211 50.0%
Panola County 110 0.0%
Lamar County 101 100.0%
Oktibbeha County 110 0.0%
Marshall County 100 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: 57 applications in 2025, of which 24 were originated and 22 denied.

38.6% of all applications, or 40.0% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans Baxter Credit Union originated in Mississippi in 2025 was 6.88%, against a statewide median of 6.75%.

About this data. Figures are Baxter Credit Union'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