Merchants and Planters Bank · Mississippi · 2025

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

Merchants and Planters Bank took 50 mortgage applications in Mississippi in 2025, ranking #168 of 681 lenders active in the state. It originated 96.0% of them and denied 2.0% (2.0% of the applications it decided), against a statewide denial rate of 22.9%.

50Applicationsin MS
2.0%Decision denial ratestate 28.5%
Median ratestate 6.75%
$160,000Median loanstate $135,000
$12MVolume9 counties

Merchants and Planters Bank in Mississippi vs the state

2.0%Denial rate-20.92 pts vs state
2.0%Decision denial rate-26.45 pts vs state
96.0%Origination rate+43.13 pts vs state
Median rate
Rate spread (pts)
$136kMedian applicant income
48Loans originated
1Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
202345442.2%#161
202451510.0%#161
202550482.0%#168

What Merchants and Planters Bank lends in Mississippi

By loan purpose

Home purchase 9 18% · 11.1% denied
Refinance 25 50% · 0.0% denied
Cash-out refinance 6 12% · 0.0% denied
Other / HELOC 10 20% · 0.0% denied

By loan type

Conventional 50 100% · 2.0% denied

Why it denied Mississippi applicants

Credit history 1 100%

Where in Mississippi

Counties with the most Merchants and Planters Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hinds County 21191 4.8%
Madison County 11110 0.0%
Jasper County 770 0.0%
Rankin County 550 0.0%
Jones County 220 0.0%
Jackson County 110 0.0%
Lafayette County 110 0.0%
Copiah County 110 0.0%
Smith County 110 0.0%

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: 50 applications in 2025, of which 48 were originated and 1 denied.

2.0% of all applications, or 2.0% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Merchants and Planters 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