Discover Bank in Mississippi vs the state
62.3%Denial rate+39.37 pts vs state
83.1%Decision denial rate+54.67 pts vs state
12.2%Origination rate-40.70 pts vs state
8.83%Median rate+2.08 pts vs state
2.29Rate spread (pts)+1.96 pts vs state
$85kMedian applicant income
51Loans originated
261Denied
Trend in Mississippi
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,528 | 179 | 52.3% | 9.99% | #14 |
| 2024 | 1,365 | 201 | 55.5% | 9.36% | #16 |
| 2025 | 419 | 51 | 62.3% | 8.83% | #47 |
What Discover Bank lends in Mississippi
By loan purpose
By loan type
Why it denied Mississippi applicants
Where in Mississippi
Counties with the most Discover Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| DeSoto County | 50 | 9 | 21 | 42.0% |
| Rankin County | 41 | 7 | 30 | 73.2% |
| Harrison County | 33 | 2 | 20 | 60.6% |
| Madison County | 30 | 6 | 18 | 60.0% |
| Hinds County | 24 | 4 | 16 | 66.7% |
| Jackson County | 24 | 2 | 19 | 79.2% |
| Lee County | 22 | 5 | 12 | 54.5% |
| Forrest County | 12 | 2 | 8 | 66.7% |
| Pike County | 9 | 0 | 7 | 77.8% |
| Pearl River County | 9 | 1 | 3 | 33.3% |
Other large lenders in Mississippi
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| 21st Mortgage | F | 6,764 | 48.5% | 10.56% |
| Trustmark National Bank | C | 5,531 | 12.5% | 6.75% |
| Cadence Bank | B | 5,301 | 19.2% | 7.25% |
| Regions Bank | C | 4,916 | 44.7% | 5.75% |
| Rocket Mortgage | C | 4,636 | 24.8% | 6.63% |
| Community Bank of Mississippi | C | 3,856 | 9.0% | 7.65% |
| Renasant Bank | B | 3,188 | 14.3% | 6.99% |
| Triad Financial Services | D | 3,140 | 34.4% | 8.76% |
| Vanderbilt Mortgage and Finance | F | 2,840 | 44.3% | 10.25% |
| BankPlus | B | 2,638 | 10.7% | 6.50% |
Frequently asked questions
Mississippi: 419 applications in 2025, of which 51 were originated and 261 denied.
62.3% of all applications, or 83.1% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.
The median rate on loans Discover Bank originated in Mississippi in 2025 was 8.83%, against a statewide median of 6.75%.
About this data. Figures are Discover 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