Rocket Mortgage · Mississippi · 2025

Rocket Mortgage in Mississippi: approval rate, denial rate and rates (2025)

Rocket Mortgage took 4,636 mortgage applications in Mississippi in 2025, ranking #5 of 681 lenders active in the state. It originated 64.7% of them and denied 24.8% (26.9% of the applications it decided), against a statewide denial rate of 22.9%.

4.6kApplicationsin MS
26.9%Decision denial ratestate 28.5%
6.63%Median ratestate 6.75%
$145,000Median loanstate $135,000
$542MVolume81 counties

Rocket Mortgage in Mississippi vs the state

24.8%Denial rate+1.89 pts vs state
26.9%Decision denial rate-1.53 pts vs state
64.7%Origination rate+11.78 pts vs state
6.63%Median rate-0.13 pts vs state
0.69Rate spread (pts)+0.35 pts vs state
$80kMedian applicant income
2,997Loans originated
1,150Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,5622,36923.4%6.50%#5
20243,8902,62623.0%6.50%#5
20254,6362,99724.8%6.63%#5

What Rocket Mortgage lends in Mississippi

By loan purpose

Home purchase 1,102 24% · 18.0% denied
Refinance 881 19% · 23.4% denied
Cash-out refinance 2,305 50% · 26.2% denied
Home improvement 114 2% · 47.4% denied
Other / HELOC 234 5% · 38.0% denied

By loan type

Conventional 2,772 60% · 21.9% denied
FHA 1,357 29% · 32.4% denied
VA 507 11% · 20.3% denied

Why it denied Mississippi applicants

Collateral 538 47%
Incomplete application 202 18%
Debt-to-income ratio 180 16%
Credit history 79 7%
Insufficient cash 65 6%
Unverifiable information 42 4%
Other 40 3%
Employment history 4 0%

Where in Mississippi

Counties with the most Rocket Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
DeSoto County 545363114 20.9%
Harrison County 422270101 23.9%
Rankin County 31922860 18.8%
Hinds County 28817285 29.5%
Jackson County 28718863 22.0%
Madison County 19713741 20.8%
Pearl River County 1419230 21.3%
Lee County 1217828 23.1%
Lamar County 1208716 13.3%
Forrest County 1126633 29.5%

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%
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%
Mortgage Research CenterC 2,62819.1%6.38%

Frequently asked questions

Mississippi: 4,636 applications in 2025, of which 2,997 were originated and 1,150 denied.

24.8% of all applications, or 26.9% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans Rocket Mortgage originated in Mississippi in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Rocket Mortgage'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