Service Federal Credit Union · Mississippi · 2025

Service Federal Credit Union in Mississippi: approval rate, denial rate and rates (2025)

Service Federal Credit Union took 5 mortgage applications in Mississippi in 2025, ranking #336 of 681 lenders active in the state. It originated 0.0% of them and denied 80.0% (80.0% of the applications it decided), against a statewide denial rate of 22.9%.

5Applicationsin MS
80.0%Decision denial ratestate 28.5%
Median ratestate 6.75%
$85,000Median loanstate $135,000
$0Volume4 counties

Service Federal Credit Union in Mississippi vs the state

80.0%Denial rate+57.08 pts vs state
80.0%Decision denial rate+51.55 pts vs state
0.0%Origination rate-52.87 pts vs state
Median rate
Rate spread (pts)
$65kMedian applicant income
0Loans originated
4Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237157.1%9.50%#307
20246250.0%6.38%#336
20255080.0%#336

What Service Federal Credit Union lends in Mississippi

By loan purpose

Home purchase 2 40% · 50.0% denied
Home improvement 2 40% · 100.0% denied
Other / HELOC 1 20% · 100.0% denied

By loan type

Conventional 5 100% · 80.0% denied

Why it denied Mississippi applicants

Debt-to-income ratio 2 50%
Credit history 2 50%

Where in Mississippi

Counties with the most Service Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lamar County 202 100.0%
Jefferson Davis County 101 100.0%
Harrison County 100 0.0%
Pearl River County 101 100.0%

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: 5 applications in 2025, of which 0 were originated and 4 denied.

80.0% of all applications, or 80.0% 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 Service Federal Credit Union'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