First Southern Bank · Mississippi · 2025

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

First Southern Bank took 133 mortgage applications in Mississippi in 2025, ranking #109 of 681 lenders active in the state. It originated 73.7% of them and denied 13.5% (15.0% of the applications it decided), against a statewide denial rate of 22.9%.

133Applicationsin MS
15.0%Decision denial ratestate 28.5%
Median ratestate 6.75%
$95,000Median loanstate $135,000
$14MVolume15 counties

First Southern Bank in Mississippi vs the state

13.5%Denial rate-9.39 pts vs state
15.0%Decision denial rate-13.45 pts vs state
73.7%Origination rate+20.81 pts vs state
Median rate
Rate spread (pts)
$96kMedian applicant income
98Loans originated
18Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231168617.2%#104
20241108414.6%#108
20251339813.5%#109

What First Southern Bank lends in Mississippi

By loan purpose

Home purchase 36 27% · 16.7% denied
Refinance 73 55% · 6.9% denied
Cash-out refinance 2 2% · 100.0% denied
Home improvement 7 5% · 0.0% denied
Other / HELOC 15 11% · 33.3% denied

By loan type

Conventional 131 98% · 13.7% denied
FHA 1 1% · 0.0% denied
USDA / RHS 1 1% · 0.0% denied

Where in Mississippi

Counties with the most First Southern Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 29233 10.3%
Forrest County 26212 7.7%
Lamar County 20160 0.0%
Pearl River County 18105 27.8%
Perry County 14112 14.3%
Hancock County 521 20.0%
Greene County 440 0.0%
Jones County 422 50.0%
Harrison County 422 50.0%
Walthall County 321 33.3%

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: 133 applications in 2025, of which 98 were originated and 18 denied.

13.5% of all applications, or 15.0% 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 Southern 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