First Federal Bank · Mississippi · 2025

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

First Federal Bank took 28 mortgage applications in Mississippi in 2025, ranking #212 of 681 lenders active in the state. It originated 60.7% of them and denied 10.7% (15.0% of the applications it decided), against a statewide denial rate of 22.9%.

28Applicationsin MS
15.0%Decision denial ratestate 28.5%
6.13%Median ratestate 6.75%
$290,000Median loanstate $135,000
$6.3MVolume15 counties

First Federal Bank in Mississippi vs the state

10.7%Denial rate-12.21 pts vs state
15.0%Decision denial rate-13.45 pts vs state
60.7%Origination rate+7.84 pts vs state
6.13%Median rate-0.63 pts vs state
-0.20Rate spread (pts)-0.53 pts vs state
$114kMedian applicant income
17Loans originated
3Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023251316.0%6.50%#207
2024402115.0%6.13%#172
2025281710.7%6.13%#212

What First Federal Bank lends in Mississippi

By loan purpose

Home purchase 20 71% · 5.0% denied
Refinance 5 18% · 0.0% denied
Cash-out refinance 3 11% · 66.7% denied

By loan type

Conventional 11 39% · 0.0% denied
FHA 9 32% · 33.3% denied
VA 7 25% · 0.0% denied
USDA / RHS 1 4% · 0.0% denied

Why it denied Mississippi applicants

Incomplete application 1 33%
Collateral 1 33%
Credit history 1 33%

Where in Mississippi

Counties with the most First Federal Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harrison County 440 0.0%
Lee County 421 25.0%
Lowndes County 321 33.3%
DeSoto County 330 0.0%
Rankin County 310 0.0%
Hinds County 200 0.0%
Monroe County 110 0.0%
Jackson County 110 0.0%
Benton County 100 0.0%
Madison County 110 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: 28 applications in 2025, of which 17 were originated and 3 denied.

10.7% of all applications, or 15.0% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans First Federal Bank originated in Mississippi in 2025 was 6.13%, against a statewide median of 6.75%.

About this data. Figures are First Federal 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