Finance of America Reverse · Mississippi · 2025

Finance of America Reverse in Mississippi: approval rate, denial rate and rates (2025)

Finance of America Reverse took 27 mortgage applications in Mississippi in 2025, ranking #217 of 681 lenders active in the state. It originated 48.2% of them and denied 7.4% (12.5% of the applications it decided), against a statewide denial rate of 22.9%.

27Applicationsin MS
12.5%Decision denial ratestate 28.5%
6.38%Median ratestate 6.75%
$115,000Median loanstate $135,000
$1.8MVolume16 counties

Finance of America Reverse in Mississippi vs the state

7.4%Denial rate-15.51 pts vs state
12.5%Decision denial rate-15.95 pts vs state
48.2%Origination rate-4.72 pts vs state
6.38%Median rate-0.38 pts vs state
Rate spread (pts)
$32kMedian applicant income
13Loans originated
2Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023362013.9%7.82%#178
202432256.3%7.13%#191
202527137.4%6.38%#217

What Finance of America Reverse lends in Mississippi

By loan purpose

Home purchase 2 7% · 0.0% denied
Refinance 10 37% · 10.0% denied
Home improvement 3 11% · 33.3% denied
Other / HELOC 12 44% · 0.0% denied

By loan type

FHA 27 100% · 7.4% denied

Why it denied Mississippi applicants

Collateral 1 50%
Debt-to-income ratio 1 50%

Where in Mississippi

Counties with the most Finance of America Reverse applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
DeSoto County 410 0.0%
Hancock County 430 0.0%
Rankin County 330 0.0%
Madison County 211 50.0%
Harrison County 210 0.0%
Lee County 210 0.0%
Jones County 100 0.0%
Panola County 110 0.0%
Winston County 100 0.0%
Tate 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: 27 applications in 2025, of which 13 were originated and 2 denied.

7.4% of all applications, or 12.5% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans Finance of America Reverse originated in Mississippi in 2025 was 6.38%, against a statewide median of 6.75%.

About this data. Figures are Finance of America Reverse'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