Mutual Credit Union · Mississippi · 2025

Mutual Credit Union in Mississippi: approval rate, denial rate and rates (2025)

Mutual Credit Union took 282 mortgage applications in Mississippi in 2025, ranking #68 of 681 lenders active in the state. It originated 33.3% of them and denied 35.5% (42.0% of the applications it decided), against a statewide denial rate of 22.9%.

282Applicationsin MS
42.0%Decision denial ratestate 28.5%
Median ratestate 6.75%
$65,000Median loanstate $135,000
$10MVolume32 counties

Mutual Credit Union in Mississippi vs the state

35.5%Denial rate+12.54 pts vs state
42.0%Decision denial rate+13.57 pts vs state
33.3%Origination rate-19.54 pts vs state
Median rate
Rate spread (pts)
$91kMedian applicant income
94Loans originated
100Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232018231.3%#81
20242007137.0%#84
20252829435.5%#68

What Mutual Credit Union lends in Mississippi

By loan purpose

Home purchase 40 14% · 37.5% denied
Refinance 27 10% · 37.0% denied
Cash-out refinance 64 23% · 39.1% denied
Home improvement 47 17% · 29.8% denied
Other / HELOC 104 37% · 34.6% denied

By loan type

Conventional 282 100% · 35.5% denied

Where in Mississippi

Counties with the most Mutual Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Warren County 933433 35.5%
Hinds County 38915 39.5%
Lafayette County 361215 41.7%
Madison County 24123 12.5%
Yazoo County 1958 42.1%
Rankin County 1663 18.8%
Claiborne County 824 50.0%
Panola County 622 33.3%
Lowndes County 412 50.0%
Holmes County 413 75.0%

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: 282 applications in 2025, of which 94 were originated and 100 denied.

35.5% of all applications, or 42.0% 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 Mutual Credit Union'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