First Bank · Mississippi · 2025

First Bank in Mississippi: approval rate, denial rate and rates (2025)

First Bank took 151 mortgage applications in Mississippi in 2025, ranking #102 of 681 lenders active in the state. It originated 82.8% of them and denied 8.6% (8.7% of the applications it decided), against a statewide denial rate of 22.9%.

151Applicationsin MS
8.7%Decision denial ratestate 28.5%
Median ratestate 6.75%
$95,000Median loanstate $135,000
$18MVolume22 counties

First Bank in Mississippi vs the state

8.6%Denial rate-14.31 pts vs state
8.7%Decision denial rate-19.73 pts vs state
82.8%Origination rate+29.91 pts vs state
Median rate
Rate spread (pts)
$87kMedian applicant income
125Loans originated
13Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
202319514710.3%#84
20241611189.9%#93
20251511258.6%#102

What First Bank lends in Mississippi

By loan purpose

Home purchase 66 44% · 4.6% denied
Refinance 63 42% · 3.2% denied
Home improvement 11 7% · 45.5% denied
Other / HELOC 11 7% · 27.3% denied

By loan type

Conventional 151 100% · 8.6% denied

Where in Mississippi

Counties with the most First Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pike County 36286 16.7%
Lincoln County 30263 10.0%
Forrest County 15131 6.7%
Madison County 13120 0.0%
Lamar County 1290 0.0%
Hinds County 10100 0.0%
Amite County 741 14.3%
Walthall County 541 20.0%
Marion County 430 0.0%
Lawrence County 320 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: 151 applications in 2025, of which 125 were originated and 13 denied.

8.6% of all applications, or 8.7% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are First 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