Magnolia Bank · Mississippi · 2025

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

Magnolia Bank took 509 mortgage applications in Mississippi in 2025, ranking #37 of 681 lenders active in the state. It originated 83.7% of them and denied 4.9% (5.5% of the applications it decided), against a statewide denial rate of 22.9%.

509Applicationsin MS
5.5%Decision denial ratestate 28.5%
6.38%Median ratestate 6.75%
$215,000Median loanstate $135,000
$102MVolume60 counties

Magnolia Bank in Mississippi vs the state

4.9%Denial rate-18.01 pts vs state
5.5%Decision denial rate-22.94 pts vs state
83.7%Origination rate+30.82 pts vs state
6.38%Median rate-0.38 pts vs state
0.29Rate spread (pts)-0.04 pts vs state
$90kMedian applicant income
426Loans originated
25Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232211845.4%6.56%#75
20243933144.8%6.50%#46
20255094264.9%6.38%#37

What Magnolia Bank lends in Mississippi

By loan purpose

Home purchase 428 84% · 3.0% denied
Refinance 23 5% · 4.4% denied
Cash-out refinance 43 8% · 14.0% denied
Home improvement 6 1% · 33.3% denied
Other / HELOC 9 2% · 33.3% denied

By loan type

Conventional 170 33% · 3.5% denied
FHA 140 28% · 4.3% denied
VA 116 23% · 6.0% denied
USDA / RHS 83 16% · 7.2% denied

Why it denied Mississippi applicants

Debt-to-income ratio 9 36%
Collateral 7 28%
Other 4 16%
Unverifiable information 3 12%
Credit history 2 8%

Where in Mississippi

Counties with the most Magnolia Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harrison County 100822 2.0%
Lowndes County 52481 1.9%
Jackson County 50421 2.0%
Lee County 24211 4.2%
Hancock County 21181 4.8%
Oktibbeha County 20161 5.0%
Rankin County 19160 0.0%
Madison County 18150 0.0%
Lauderdale County 14130 0.0%
Pontotoc County 14131 7.1%

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: 509 applications in 2025, of which 426 were originated and 25 denied.

4.9% of all applications, or 5.5% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

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

About this data. Figures are Magnolia 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