Peoples Bank · Mississippi · 2025

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

Peoples Bank took 160 mortgage applications in Mississippi in 2025, ranking #97 of 681 lenders active in the state. It originated 76.9% of them and denied 8.8% (9.9% of the applications it decided), against a statewide denial rate of 22.9%.

160Applicationsin MS
9.9%Decision denial ratestate 28.5%
Median ratestate 6.75%
$75,000Median loanstate $135,000
$17MVolume26 counties

Peoples Bank in Mississippi vs the state

8.8%Denial rate-14.17 pts vs state
9.9%Decision denial rate-18.59 pts vs state
76.9%Origination rate+24.01 pts vs state
Median rate
Rate spread (pts)
$89kMedian applicant income
123Loans originated
14Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231308913.1%#98
20241298710.1%#102
20251601238.8%#97

What Peoples Bank lends in Mississippi

By loan purpose

Home purchase 93 58% · 7.5% denied
Refinance 37 23% · 2.7% denied
Cash-out refinance 8 5% · 25.0% denied
Home improvement 13 8% · 15.4% denied
Other / HELOC 9 6% · 22.2% denied

By loan type

Conventional 142 89% · 7.0% denied
FHA 15 9% · 26.7% denied
VA 1 1% · 0.0% denied
USDA / RHS 2 1% · 0.0% denied

Where in Mississippi

Counties with the most Peoples Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Simpson County 59455 8.5%
Covington County 37292 5.4%
Rankin County 13121 7.7%
Smith County 970 0.0%
Jones County 521 20.0%
Jackson County 430 0.0%
Forrest County 440 0.0%
Jefferson Davis County 411 25.0%
Hinds County 431 25.0%
Bolivar County 321 33.3%

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: 160 applications in 2025, of which 123 were originated and 14 denied.

8.8% of all applications, or 9.9% 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 Peoples 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