Pennymac Loan Services in Mississippi vs the state
13.9%Denial rate-8.99 pts vs state
22.5%Decision denial rate-5.97 pts vs state
44.9%Origination rate-7.94 pts vs state
6.13%Median rate-0.63 pts vs state
0.24Rate spread (pts)-0.09 pts vs state
$86kMedian applicant income
603Loans originated
187Denied
Trend in Mississippi
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 674 | 291 | 15.3% | 6.13% | #28 |
| 2024 | 882 | 380 | 12.4% | 5.99% | #27 |
| 2025 | 1,342 | 603 | 13.9% | 6.13% | #18 |
What Pennymac Loan Services lends in Mississippi
By loan purpose
By loan type
Why it denied Mississippi applicants
Where in Mississippi
Counties with the most Pennymac Loan Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| DeSoto County | 233 | 115 | 28 | 12.0% |
| Harrison County | 136 | 58 | 19 | 14.0% |
| Rankin County | 102 | 47 | 10 | 9.8% |
| Hinds County | 81 | 30 | 14 | 17.3% |
| Jackson County | 71 | 33 | 9 | 12.7% |
| Madison County | 52 | 23 | 8 | 15.4% |
| Lamar County | 43 | 28 | 4 | 9.3% |
| Lowndes County | 42 | 14 | 9 | 21.4% |
| Lee County | 41 | 24 | 7 | 17.1% |
| Forrest County | 35 | 14 | 6 | 17.1% |
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: 1,342 applications in 2025, of which 603 were originated and 187 denied.
13.9% of all applications, or 22.5% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.
The median rate on loans Pennymac Loan Services originated in Mississippi in 2025 was 6.13%, against a statewide median of 6.75%.
About this data. Figures are Pennymac Loan Services'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