Merchants & Marine Bank in Mississippi vs the state
11.3%Denial rate-11.66 pts vs state
13.1%Decision denial rate-15.32 pts vs state
73.2%Origination rate+20.29 pts vs state
6.75%Median rate0.00 pts vs state
0.20Rate spread (pts)-0.14 pts vs state
$89kMedian applicant income
169Loans originated
26Denied
Trend in Mississippi
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 267 | 209 | 6.7% | 7.13% | #62 |
| 2024 | 235 | 168 | 8.5% | 6.88% | #77 |
| 2025 | 231 | 169 | 11.3% | 6.75% | #81 |
What Merchants & Marine Bank lends in Mississippi
By loan purpose
By loan type
Why it denied Mississippi applicants
Where in Mississippi
Counties with the most Merchants & Marine Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Forrest County | 64 | 52 | 6 | 9.4% |
| Jackson County | 54 | 40 | 6 | 11.1% |
| Lamar County | 45 | 36 | 2 | 4.4% |
| George County | 28 | 18 | 4 | 14.3% |
| Jones County | 8 | 4 | 2 | 25.0% |
| Harrison County | 7 | 3 | 2 | 28.6% |
| Hancock County | 5 | 4 | 0 | 0.0% |
| Greene County | 4 | 3 | 0 | 0.0% |
| Marion County | 2 | 1 | 1 | 50.0% |
| Perry County | 2 | 2 | 0 | 0.0% |
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: 231 applications in 2025, of which 169 were originated and 26 denied.
11.3% of all applications, or 13.1% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.
The median rate on loans Merchants & Marine Bank originated in Mississippi in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are Merchants & Marine 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