RCN Capital in Mississippi vs the state
49.0%Denial rate+26.04 pts vs state
50.0%Decision denial rate+21.55 pts vs state
49.0%Origination rate-3.91 pts vs state
7.70%Median rate+0.95 pts vs state
—Rate spread (pts)
—Median applicant income
47Loans originated
47Denied
Trend in Mississippi
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 76 | 46 | 10.5% | 8.79% | #128 |
| 2024 | 83 | 51 | 22.9% | 8.22% | #125 |
| 2025 | 96 | 47 | 49.0% | 7.70% | #134 |
What RCN Capital lends in Mississippi
By loan purpose
By loan type
Why it denied Mississippi applicants
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: 96 applications in 2025, of which 47 were originated and 47 denied.
49.0% of all applications, or 50.0% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.
The median rate on loans RCN Capital originated in Mississippi in 2025 was 7.70%, against a statewide median of 6.75%.
About this data. Figures are RCN Capital'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