Commerce Home Mortgage · Mississippi · 2025

Commerce Home Mortgage in Mississippi: approval rate, denial rate and rates (2025)

Commerce Home Mortgage took 36 mortgage applications in Mississippi in 2025, ranking #190 of 681 lenders active in the state. It originated 66.7% of them and denied 2.8% (4.0% of the applications it decided), against a statewide denial rate of 22.9%.

36Applicationsin MS
4.0%Decision denial ratestate 28.5%
7.06%Median ratestate 6.75%
$205,000Median loanstate $135,000
$5.6MVolume11 counties

Commerce Home Mortgage in Mississippi vs the state

2.8%Denial rate-20.14 pts vs state
4.0%Decision denial rate-24.45 pts vs state
66.7%Origination rate+13.80 pts vs state
7.06%Median rate+0.31 pts vs state
0.91Rate spread (pts)+0.58 pts vs state
$104kMedian applicant income
24Loans originated
1Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231248.3%9.03%#265
202419140.0%7.13%#238
202536242.8%7.06%#190

What Commerce Home Mortgage lends in Mississippi

By loan purpose

Home purchase 28 78% · 0.0% denied
Refinance 1 3% · 0.0% denied
Cash-out refinance 7 19% · 14.3% denied

By loan type

Conventional 35 97% · 2.9% denied
VA 1 3% · 0.0% denied

Why it denied Mississippi applicants

Unverifiable information 1 100%

Where in Mississippi

Counties with the most Commerce Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
DeSoto County 17141 5.9%
Harrison County 530 0.0%
Hinds County 320 0.0%
Lamar County 220 0.0%
Pearl River County 200 0.0%
Lafayette County 210 0.0%
Rankin County 100 0.0%
Smith County 110 0.0%
Lee County 110 0.0%
Jackson 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: 36 applications in 2025, of which 24 were originated and 1 denied.

2.8% of all applications, or 4.0% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans Commerce Home Mortgage originated in Mississippi in 2025 was 7.06%, against a statewide median of 6.75%.

About this data. Figures are Commerce Home Mortgage'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