T2 Financial · Mississippi · 2025

T2 Financial in Mississippi: approval rate, denial rate and rates (2025)

T2 Financial took 61 mortgage applications in Mississippi in 2025, ranking #159 of 681 lenders active in the state. It originated 67.2% of them and denied 19.7% (20.7% of the applications it decided), against a statewide denial rate of 22.9%.

61Applicationsin MS
20.7%Decision denial ratestate 28.5%
6.63%Median ratestate 6.75%
$215,000Median loanstate $135,000
$11MVolume24 counties

T2 Financial in Mississippi vs the state

19.7%Denial rate-3.25 pts vs state
20.7%Decision denial rate-7.76 pts vs state
67.2%Origination rate+14.34 pts vs state
6.63%Median rate-0.13 pts vs state
0.71Rate spread (pts)+0.38 pts vs state
$82kMedian applicant income
41Loans originated
12Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023620.0%6.69%#330
2024332212.1%6.75%#188
2025614119.7%6.63%#159

What T2 Financial lends in Mississippi

By loan purpose

Home purchase 57 93% · 21.1% denied
Refinance 1 2% · 0.0% denied
Cash-out refinance 3 5% · 0.0% denied

By loan type

Conventional 14 23% · 21.4% denied
FHA 35 57% · 17.1% denied
VA 4 7% · 25.0% denied
USDA / RHS 8 13% · 25.0% denied

Why it denied Mississippi applicants

Incomplete application 5 42%
Debt-to-income ratio 2 17%
Collateral 2 17%
Other 1 8%
Insufficient cash 1 8%
Credit history 1 8%

Where in Mississippi

Counties with the most T2 Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
DeSoto County 1291 8.3%
Harrison County 751 14.3%
Jackson County 532 40.0%
Pearl River County 540 0.0%
Hinds County 413 75.0%
Marshall County 330 0.0%
Washington County 330 0.0%
Lamar County 320 0.0%
George County 210 0.0%
Perry County 211 50.0%

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: 61 applications in 2025, of which 41 were originated and 12 denied.

19.7% of all applications, or 20.7% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans T2 Financial originated in Mississippi in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are T2 Financial'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