Flagstar Bank · Mississippi · 2025

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

Flagstar Bank took 155 mortgage applications in Mississippi in 2025, ranking #100 of 681 lenders active in the state. It originated 60.7% of them and denied 30.3% (33.1% of the applications it decided), against a statewide denial rate of 22.9%.

155Applicationsin MS
33.1%Decision denial ratestate 28.5%
6.38%Median ratestate 6.75%
$225,000Median loanstate $135,000
$23MVolume41 counties

Flagstar Bank in Mississippi vs the state

30.3%Denial rate+7.40 pts vs state
33.1%Decision denial rate+4.65 pts vs state
60.7%Origination rate+7.78 pts vs state
6.38%Median rate-0.38 pts vs state
0.26Rate spread (pts)-0.08 pts vs state
$86kMedian applicant income
94Loans originated
47Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
202367249819.5%6.50%#29
202467551817.0%6.38%#33
20251559430.3%6.38%#100

What Flagstar Bank lends in Mississippi

By loan purpose

Home purchase 97 63% · 33.0% denied
Refinance 33 21% · 24.2% denied
Cash-out refinance 21 14% · 19.1% denied
Home improvement 2 1% · 50.0% denied
Other / HELOC 2 1% · 100.0% denied

By loan type

Conventional 61 39% · 31.2% denied
FHA 78 50% · 29.5% denied
VA 15 10% · 26.7% denied
USDA / RHS 1 1% · 100.0% denied

Why it denied Mississippi applicants

Incomplete application 35 74%
Credit history 4 9%
Other 3 6%
Debt-to-income ratio 3 6%
Collateral 2 4%

Where in Mississippi

Counties with the most Flagstar Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harrison County 18125 27.8%
Lee County 1798 47.1%
Union County 11110 0.0%
Oktibbeha County 945 55.6%
Lafayette County 860 0.0%
Hinds County 623 50.0%
Prentiss County 642 33.3%
Lowndes County 642 33.3%
Pontotoc County 532 40.0%
Hancock County 523 60.0%

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: 155 applications in 2025, of which 94 were originated and 47 denied.

30.3% of all applications, or 33.1% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans Flagstar Bank originated in Mississippi in 2025 was 6.38%, against a statewide median of 6.75%.

About this data. Figures are Flagstar 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