Ferguson Federal Credit Union · Mississippi · 2025

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

Ferguson Federal Credit Union took 98 mortgage applications in Mississippi in 2025, ranking #130 of 681 lenders active in the state. It originated 52.0% of them and denied 19.4% (22.9% of the applications it decided), against a statewide denial rate of 22.9%.

98Applicationsin MS
22.9%Decision denial ratestate 28.5%
8.75%Median ratestate 6.75%
$85,000Median loanstate $135,000
$6.6MVolume14 counties

Ferguson Federal Credit Union in Mississippi vs the state

19.4%Denial rate-3.53 pts vs state
22.9%Decision denial rate-5.56 pts vs state
52.0%Origination rate-0.83 pts vs state
8.75%Median rate+2.00 pts vs state
3.24Rate spread (pts)+2.91 pts vs state
$84kMedian applicant income
51Loans originated
19Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231304821.5%9.50%#99
2024834124.1%9.50%#126
2025985119.4%8.75%#130

What Ferguson Federal Credit Union lends in Mississippi

By loan purpose

Home purchase 25 26% · 8.0% denied
Refinance 4 4% · 50.0% denied
Cash-out refinance 63 64% · 22.2% denied
Home improvement 6 6% · 16.7% denied

By loan type

Conventional 98 100% · 19.4% denied

Why it denied Mississippi applicants

Credit history 14 74%
Collateral 3 16%
Debt-to-income ratio 2 11%

Where in Mississippi

Counties with the most Ferguson Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lawrence County 32212 6.3%
Marion County 1672 12.5%
Jefferson Davis County 1254 33.3%
Lincoln County 1154 36.4%
Simpson County 632 33.3%
Jones County 641 16.7%
Pike County 512 40.0%
Lamar County 311 33.3%
Walthall County 220 0.0%
Smith County 101 100.0%

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: 98 applications in 2025, of which 51 were originated and 19 denied.

19.4% of all applications, or 22.9% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans Ferguson Federal Credit Union originated in Mississippi in 2025 was 8.75%, against a statewide median of 6.75%.

About this data. Figures are Ferguson Federal 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