Renasant Bank · Mississippi · 2025

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

Renasant Bank took 3,188 mortgage applications in Mississippi in 2025, ranking #7 of 681 lenders active in the state. It originated 68.7% of them and denied 14.3% (17.0% of the applications it decided), against a statewide denial rate of 22.9%.

3.2kApplicationsin MS
17.0%Decision denial ratestate 28.5%
6.99%Median ratestate 6.75%
$125,000Median loanstate $135,000
$411MVolume69 counties

Renasant Bank in Mississippi vs the state

14.3%Denial rate-8.65 pts vs state
17.0%Decision denial rate-11.48 pts vs state
68.7%Origination rate+15.79 pts vs state
6.99%Median rate+0.24 pts vs state
0.24Rate spread (pts)-0.10 pts vs state
$84kMedian applicant income
2,189Loans originated
455Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,3761,59213.6%7.50%#9
20242,4931,65715.1%7.50%#9
20253,1882,18914.3%6.99%#7

What Renasant Bank lends in Mississippi

By loan purpose

Home purchase 1,475 46% · 7.3% denied
Refinance 792 25% · 11.5% denied
Cash-out refinance 153 5% · 9.2% denied
Home improvement 181 6% · 17.7% denied
Other / HELOC 587 18% · 35.8% denied

By loan type

Conventional 2,585 81% · 15.5% denied
FHA 415 13% · 10.8% denied
VA 76 2% · 1.3% denied
USDA / RHS 112 4% · 8.0% denied

Why it denied Mississippi applicants

Credit history 193 42%
Debt-to-income ratio 165 36%
Collateral 32 7%
Incomplete application 30 7%
Other 12 3%
Unverifiable information 10 2%
Insufficient cash 7 2%
Employment history 6 1%

Where in Mississippi

Counties with the most Renasant Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lee County 46732074 15.8%
Monroe County 18511930 16.2%
Madison County 17011824 14.1%
Lowndes County 16812218 10.7%
Rankin County 15110817 11.3%
DeSoto County 14510117 11.7%
Lafayette County 14211414 9.9%
Hinds County 1397923 16.5%
Pontotoc County 1278818 14.2%
Oktibbeha County 1218915 12.4%

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%
Triad Financial ServicesD 3,14034.4%8.76%
Vanderbilt Mortgage and FinanceF 2,84044.3%10.25%
BankPlusB 2,63810.7%6.50%
Mortgage Research CenterC 2,62819.1%6.38%

Frequently asked questions

Mississippi: 3,188 applications in 2025, of which 2,189 were originated and 455 denied.

14.3% of all applications, or 17.0% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans Renasant Bank originated in Mississippi in 2025 was 6.99%, against a statewide median of 6.75%.

About this data. Figures are Renasant 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