Mortgage lender · Biloxi, MS · LEI 549300M03EN3OQEDU087

Keesler review: approval odds, rates and grade (2025)

Keesler earns a D, weaker than most home-equity (HELOC) lenders. It turned down 48.6% of the applications it decided on in 2025, which ranks in the 4th percentile for approval odds. Its median loan was priced 0.43 points below the average prime offer rate, ranking in the 77th percentile on pricing. Compared against 412 home-equity (HELOC) lenders using 2025 HMDA filings.

3.1kApplications2025
42.8%Originatedof applications
48.6%Decision denial ratenational 22.6%
6.88%Median ratenational 6.63%
$226MLoan volume4 states

Keesler at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

41.2%Denial rate (all applications)+23.21 pts vs national
48.6%Denial rate (decided applications)+25.96 pts vs national
42.8%Origination rate-15.27 pts vs national
15.2%Withdrawn by applicant
0.0%Closed for incompleteness
6.88%Median interest rate+0.25 pts vs national
-0.43Median rate spread (pts over APOR)-0.68 pts vs national
$95,000Median loan amount
$4,223Median total loan costs
$92kMedian applicant income
78%Median loan-to-value
0High-cost (HOEPA) loans

How the D grade breaks down

Each component is a percentile rank among 412 home-equity (HELOC) lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

4th48.6% denied

Pricingmedian rate spread over APOR, weight 30%

77th-0.43 pts

Processwithdrawn + incomplete share, weight 15%

35th15.2%

Closing coststotal loan costs ÷ loan amount, weight 10%

21st4.45% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20232,1671,00035.3%43.2%3.49%$140M
20242,5111,05339.5%48.2%5.75%$153M
20253,1271,33741.2%48.6%6.88%$226M

What Keesler lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 945 30% · 23.3% denied
Refinance 290 9% · 29.0% denied
Cash-out refinance 483 15% · 43.3% denied
Home improvement 733 23% · 53.5% denied
Other / HELOC 676 22% · 56.7% denied

By loan type

Conventional 2,545 81% · 45.7% denied
FHA 375 12% · 23.5% denied
VA 189 6% · 15.9% denied
USDA / RHS 18 1% · 38.9% denied

Also: 1,604 home-equity lines, 0 reverse mortgages, 30 manufactured homes, 122 investment properties.

Why Keesler denies applications

Primary reason reported for each of the 1,288 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Other 482 37%
Credit history 229 18%
Debt-to-income ratio 223 17%
Incomplete application 213 17%
Collateral 93 7%
Unverifiable information 29 2%
Insufficient cash 14 1%
Employment history 5 0%

How these reasons compare nationally →

Who gets approved at Keesler

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k4649176.4%
$50k – $100k1,20851349.0%
$100k – $150k76338639.0%
$150k – $250k44522439.3%
Over $250k1546346.2%
Applicant ageApplicationsOriginatedDecision denial rate
Under 25874241.7%
25–3451223043.8%
35–4472331049.8%
45–5470529150.5%
55–6456123749.3%
65–7434613553.5%
Over 741394655.1%

Where Keesler lends

4 states and 123 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Mississippi2,4221,06640.4%6.75%#12
Louisiana51418349.6%7.25%#55
Alabama1557129.0%6.13%#178
Florida361727.8%5.88%#652

Frequently asked questions

Keesler denied 48.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 4th percentile of home-equity (HELOC) lenders.

The most common reason Keesler gave in 2025 was "other", cited on 37.4% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans Keesler originated in 2025 was 6.88%, and its median rate spread over the average prime offer rate was -0.43 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 30% of its applications were for home purchases, 25% for refinancing (including cash-out), and 45% for home improvement or other purposes. By loan type: 81% conventional, 12% FHA, 6% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Keesler. Data sources · Methodology