First Colony Mortgage · Mississippi · 2025

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

First Colony Mortgage took 185 mortgage applications in Mississippi in 2025, ranking #91 of 681 lenders active in the state. It originated 47.6% of them and denied 5.4% (7.0% of the applications it decided), against a statewide denial rate of 22.9%.

185Applicationsin MS
7.0%Decision denial ratestate 28.5%
6.50%Median ratestate 6.75%
$215,000Median loanstate $135,000
$21MVolume30 counties

First Colony Mortgage in Mississippi vs the state

5.4%Denial rate-17.51 pts vs state
7.0%Decision denial rate-21.46 pts vs state
47.6%Origination rate-5.30 pts vs state
6.50%Median rate-0.25 pts vs state
0.23Rate spread (pts)-0.10 pts vs state
$102kMedian applicant income
88Loans originated
10Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
202337318.1%6.88%#173
20241941416.2%6.38%#86
2025185885.4%6.50%#91

What First Colony Mortgage lends in Mississippi

By loan purpose

Home purchase 159 86% · 4.4% denied
Refinance 15 8% · 6.7% denied
Cash-out refinance 11 6% · 18.2% denied

By loan type

Conventional 105 57% · 7.6% denied
FHA 45 24% · 4.4% denied
VA 27 15% · 0.0% denied
USDA / RHS 8 4% · 0.0% denied

Why it denied Mississippi applicants

Collateral 5 50%
Debt-to-income ratio 3 30%
Credit history 1 10%
Unverifiable information 1 10%

Where in Mississippi

Counties with the most First Colony Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harrison County 35161 2.9%
Lamar County 21160 0.0%
Jackson County 1860 0.0%
Forrest County 1661 6.3%
DeSoto County 1391 7.7%
Lowndes County 960 0.0%
Hancock County 620 0.0%
Madison County 530 0.0%
Bolivar County 530 0.0%
Stone County 500 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: 185 applications in 2025, of which 88 were originated and 10 denied.

5.4% of all applications, or 7.0% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans First Colony Mortgage originated in Mississippi in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are First Colony 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