Planters Bank & Trust · Mississippi · 2025

Planters Bank & Trust in Mississippi: approval rate, denial rate and rates (2025)

Planters Bank & Trust took 453 mortgage applications in Mississippi in 2025, ranking #43 of 681 lenders active in the state. It originated 76.8% of them and denied 9.9% (11.3% of the applications it decided), against a statewide denial rate of 22.9%.

453Applicationsin MS
11.3%Decision denial ratestate 28.5%
8.25%Median ratestate 6.75%
$65,000Median loanstate $135,000
$34MVolume26 counties

Planters Bank & Trust in Mississippi vs the state

9.9%Denial rate-12.99 pts vs state
11.3%Decision denial rate-17.11 pts vs state
76.8%Origination rate+23.95 pts vs state
8.25%Median rate+1.50 pts vs state
Rate spread (pts)
$73kMedian applicant income
348Loans originated
45Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
202350740310.9%8.50%#42
202445034414.9%8.75%#41
20254533489.9%8.25%#43

What Planters Bank & Trust lends in Mississippi

By loan purpose

Home purchase 140 31% · 10.7% denied
Refinance 235 52% · 5.5% denied
Cash-out refinance 8 2% · 50.0% denied
Home improvement 49 11% · 16.3% denied
Other / HELOC 21 5% · 23.8% denied

By loan type

Conventional 440 97% · 9.8% denied
FHA 7 2% · 28.6% denied
VA 3 1% · 0.0% denied
USDA / RHS 3 1% · 0.0% denied

Why it denied Mississippi applicants

Credit history 31 69%
Debt-to-income ratio 9 20%
Collateral 4 9%
Incomplete application 1 2%

Where in Mississippi

Counties with the most Planters Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Washington County 19014221 11.1%
Sunflower County 725310 13.9%
Bolivar County 68536 8.8%
Panola County 22201 4.5%
Leflore County 21181 4.8%
Coahoma County 16121 6.3%
DeSoto County 1491 7.1%
Tunica County 980 0.0%
Lafayette County 880 0.0%
Carroll County 761 14.3%

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: 453 applications in 2025, of which 348 were originated and 45 denied.

9.9% of all applications, or 11.3% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans Planters Bank & Trust originated in Mississippi in 2025 was 8.25%, against a statewide median of 6.75%.

About this data. Figures are Planters Bank & Trust'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