Newrez · Mississippi · 2025

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

Newrez took 1,088 mortgage applications in Mississippi in 2025, ranking #24 of 681 lenders active in the state. It originated 30.2% of them and denied 27.7% (46.7% of the applications it decided), against a statewide denial rate of 22.9%.

1.1kApplicationsin MS
46.7%Decision denial ratestate 28.5%
6.25%Median ratestate 6.75%
$155,000Median loanstate $135,000
$71MVolume78 counties

Newrez in Mississippi vs the state

27.7%Denial rate+4.75 pts vs state
46.7%Decision denial rate+18.29 pts vs state
30.2%Origination rate-22.63 pts vs state
6.25%Median rate-0.50 pts vs state
0.38Rate spread (pts)+0.05 pts vs state
$72kMedian applicant income
329Loans originated
301Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
202361717335.7%6.75%#31
202480521726.7%6.88%#28
20251,08832927.7%6.25%#24

What Newrez lends in Mississippi

By loan purpose

Home purchase 166 15% · 20.5% denied
Refinance 369 34% · 19.8% denied
Cash-out refinance 553 51% · 35.1% denied

By loan type

Conventional 499 46% · 25.1% denied
FHA 341 31% · 43.7% denied
VA 242 22% · 10.7% denied
USDA / RHS 6 1% · 16.7% denied

Why it denied Mississippi applicants

Debt-to-income ratio 158 52%
Credit history 93 31%
Unverifiable information 16 5%
Collateral 12 4%
Insufficient cash 11 4%
Other 8 3%
Employment history 2 1%
Mortgage insurance denied 1 0%

Where in Mississippi

Counties with the most Newrez applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
DeSoto County 1213431 25.6%
Harrison County 993822 22.2%
Rankin County 943817 18.1%
Hinds County 742125 33.8%
Jackson County 611612 19.7%
Madison County 52178 15.4%
Lamar County 38127 18.4%
Forrest County 361411 30.6%
Pearl River County 31116 19.4%
Lauderdale County 2785 18.5%

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: 1,088 applications in 2025, of which 329 were originated and 301 denied.

27.7% of all applications, or 46.7% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans Newrez originated in Mississippi in 2025 was 6.25%, against a statewide median of 6.75%.

About this data. Figures are Newrez'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