Mortgage Research Center · Mississippi · 2025

Mortgage Research Center in Mississippi: approval rate, denial rate and rates (2025)

Mortgage Research Center took 2,628 mortgage applications in Mississippi in 2025, ranking #11 of 681 lenders active in the state. It originated 46.4% of them and denied 19.1% (28.8% of the applications it decided), against a statewide denial rate of 22.9%.

2.6kApplicationsin MS
28.8%Decision denial ratestate 28.5%
6.38%Median ratestate 6.75%
$235,000Median loanstate $135,000
$324MVolume78 counties

Mortgage Research Center in Mississippi vs the state

19.1%Denial rate-3.78 pts vs state
28.8%Decision denial rate+0.34 pts vs state
46.4%Origination rate-6.45 pts vs state
6.38%Median rate-0.38 pts vs state
-0.15Rate spread (pts)-0.48 pts vs state
$86kMedian applicant income
1,220Loans originated
503Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,97393117.9%6.75%#10
20242,2101,06319.4%6.63%#11
20252,6281,22019.1%6.38%#11

What Mortgage Research Center lends in Mississippi

By loan purpose

Home purchase 1,625 62% · 7.8% denied
Refinance 394 15% · 31.5% denied
Cash-out refinance 609 23% · 41.5% denied

By loan type

Conventional 222 8% · 34.2% denied
FHA 122 5% · 20.5% denied
VA 2,278 87% · 17.6% denied
USDA / RHS 6 0% · 16.7% denied

Why it denied Mississippi applicants

Credit history 319 63%
Other 80 16%
Incomplete application 46 9%
Debt-to-income ratio 31 6%
Collateral 14 3%
Insufficient cash 9 2%
Employment history 4 1%

Where in Mississippi

Counties with the most Mortgage Research Center applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harrison County 39919170 17.5%
DeSoto County 24012140 16.7%
Jackson County 1929027 14.1%
Hinds County 1507135 23.3%
Rankin County 1356716 11.9%
Lowndes County 1125423 20.5%
Lauderdale County 84518 9.5%
Lamar County 763214 18.4%
Madison County 712520 28.2%
Hancock County 703016 22.9%

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: 2,628 applications in 2025, of which 1,220 were originated and 503 denied.

19.1% of all applications, or 28.8% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans Mortgage Research Center originated in Mississippi in 2025 was 6.38%, against a statewide median of 6.75%.

About this data. Figures are Mortgage Research Center'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