Luminate Bank in Mississippi vs the state
12.5%Denial rate-10.42 pts vs state
20.9%Decision denial rate-7.55 pts vs state
47.3%Origination rate-5.55 pts vs state
6.88%Median rate+0.13 pts vs state
0.87Rate spread (pts)+0.54 pts vs state
$78kMedian applicant income
53Loans originated
14Denied
What Luminate Bank lends in Mississippi
By loan purpose
By loan type
Why it denied Mississippi applicants
Where in Mississippi
Counties with the most Luminate Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Rankin County | 37 | 21 | 4 | 10.8% |
| Madison County | 10 | 4 | 0 | 0.0% |
| Hinds County | 10 | 6 | 0 | 0.0% |
| DeSoto County | 7 | 4 | 3 | 42.9% |
| Lafayette County | 5 | 3 | 1 | 20.0% |
| Monroe County | 4 | 2 | 0 | 0.0% |
| Neshoba County | 3 | 0 | 0 | 0.0% |
| Newton County | 3 | 0 | 2 | 66.7% |
| Grenada County | 3 | 1 | 0 | 0.0% |
| Oktibbeha County | 3 | 1 | 1 | 33.3% |
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: 112 applications in 2025, of which 53 were originated and 14 denied.
12.5% of all applications, or 20.9% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.
The median rate on loans Luminate Bank originated in Mississippi in 2025 was 6.88%, against a statewide median of 6.75%.
About this data. Figures are Luminate 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