First Community Mortgage · Mississippi · 2025

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

First Community Mortgage took 324 mortgage applications in Mississippi in 2025, ranking #61 of 681 lenders active in the state. It originated 75.3% of them and denied 11.7% (12.2% of the applications it decided), against a statewide denial rate of 22.9%.

324Applicationsin MS
12.2%Decision denial ratestate 28.5%
6.38%Median ratestate 6.75%
$185,000Median loanstate $135,000
$51MVolume54 counties

First Community Mortgage in Mississippi vs the state

11.7%Denial rate-11.19 pts vs state
12.2%Decision denial rate-16.27 pts vs state
75.3%Origination rate+22.44 pts vs state
6.38%Median rate-0.38 pts vs state
0.26Rate spread (pts)-0.07 pts vs state
$81kMedian applicant income
244Loans originated
38Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232161728.3%6.75%#76
20242431967.0%6.63%#74
202532424411.7%6.38%#61

What First Community Mortgage lends in Mississippi

By loan purpose

Home purchase 244 75% · 9.4% denied
Refinance 47 15% · 19.2% denied
Cash-out refinance 28 9% · 17.9% denied
Home improvement 4 1% · 25.0% denied
Other / HELOC 1 0% · 0.0% denied

By loan type

Conventional 163 50% · 11.0% denied
FHA 82 25% · 12.2% denied
VA 15 5% · 13.3% denied
USDA / RHS 64 20% · 12.5% denied

Why it denied Mississippi applicants

Debt-to-income ratio 12 32%
Incomplete application 12 32%
Other 5 13%
Credit history 3 8%
Collateral 3 8%
Employment history 2 5%
Insufficient cash 1 3%

Where in Mississippi

Counties with the most First Community Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lee County 34252 5.9%
Union County 19170 0.0%
Madison County 19143 15.8%
Pike County 19122 10.5%
Attala County 18123 16.7%
DeSoto County 17124 23.5%
Lowndes County 17123 17.6%
Tippah County 13112 15.4%
Lincoln County 12100 0.0%
Harrison County 11100 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: 324 applications in 2025, of which 244 were originated and 38 denied.

11.7% of all applications, or 12.2% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans First Community Mortgage originated in Mississippi in 2025 was 6.38%, against a statewide median of 6.75%.

About this data. Figures are First Community 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