Lower in Mississippi vs the state
32.4%Denial rate+9.51 pts vs state
57.1%Decision denial rate+28.69 pts vs state
23.0%Origination rate-29.90 pts vs state
6.50%Median rate-0.25 pts vs state
0.56Rate spread (pts)+0.23 pts vs state
$77kMedian applicant income
17Loans originated
24Denied
Trend in Mississippi
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 36 | 17 | 22.2% | 7.25% | #176 |
| 2024 | 59 | 11 | 18.6% | 6.75% | #146 |
| 2025 | 74 | 17 | 32.4% | 6.50% | #145 |
What Lower lends in Mississippi
By loan purpose
By loan type
Why it denied Mississippi applicants
Where in Mississippi
Counties with the most Lower applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| DeSoto County | 14 | 2 | 8 | 57.1% |
| Rankin County | 7 | 2 | 1 | 14.3% |
| Harrison County | 7 | 3 | 0 | 0.0% |
| Jackson County | 5 | 0 | 3 | 60.0% |
| Madison County | 5 | 1 | 1 | 20.0% |
| Lee County | 3 | 1 | 0 | 0.0% |
| Hinds County | 2 | 0 | 1 | 50.0% |
| Hancock County | 2 | 2 | 0 | 0.0% |
| Forrest County | 2 | 0 | 1 | 50.0% |
| Simpson County | 2 | 0 | 2 | 100.0% |
Other large lenders in Mississippi
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| 21st Mortgage | F | 6,764 | 48.5% | 10.56% |
| Trustmark National Bank | C | 5,531 | 12.5% | 6.75% |
| Cadence Bank | B | 5,301 | 19.2% | 7.25% |
| Regions Bank | C | 4,916 | 44.7% | 5.75% |
| Rocket Mortgage | C | 4,636 | 24.8% | 6.63% |
| Community Bank of Mississippi | C | 3,856 | 9.0% | 7.65% |
| Renasant Bank | B | 3,188 | 14.3% | 6.99% |
| Triad Financial Services | D | 3,140 | 34.4% | 8.76% |
| Vanderbilt Mortgage and Finance | F | 2,840 | 44.3% | 10.25% |
| BankPlus | B | 2,638 | 10.7% | 6.50% |
Frequently asked questions
Mississippi: 74 applications in 2025, of which 17 were originated and 24 denied.
32.4% of all applications, or 57.1% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.
The median rate on loans Lower originated in Mississippi in 2025 was 6.50%, against a statewide median of 6.75%.
About this data. Figures are Lower'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