The Loan Store · Mississippi · 2025

The Loan Store in Mississippi: approval rate, denial rate and rates (2025)

The Loan Store took 66 mortgage applications in Mississippi in 2025, ranking #154 of 681 lenders active in the state. It originated 63.6% of them and denied 6.1% (7.3% of the applications it decided), against a statewide denial rate of 22.9%.

66Applicationsin MS
7.3%Decision denial ratestate 28.5%
6.88%Median ratestate 6.75%
$205,000Median loanstate $135,000
$9.5MVolume23 counties

The Loan Store in Mississippi vs the state

6.1%Denial rate-16.86 pts vs state
7.3%Decision denial rate-21.18 pts vs state
63.6%Origination rate+10.77 pts vs state
6.88%Median rate+0.13 pts vs state
0.60Rate spread (pts)+0.27 pts vs state
$112kMedian applicant income
42Loans originated
4Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023520.0%7.38%#338
202451357.8%6.99%#162
202566426.1%6.88%#154

What The Loan Store lends in Mississippi

By loan purpose

Home purchase 42 64% · 2.4% denied
Refinance 6 9% · 0.0% denied
Cash-out refinance 9 14% · 11.1% denied
Home improvement 3 5% · 33.3% denied
Other / HELOC 6 9% · 16.7% denied

By loan type

Conventional 61 92% · 4.9% denied
FHA 3 5% · 33.3% denied
VA 1 2% · 0.0% denied
USDA / RHS 1 2% · 0.0% denied

Why it denied Mississippi applicants

Debt-to-income ratio 3 75%
Other 1 25%

Where in Mississippi

Counties with the most The Loan Store applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Rankin County 970 0.0%
DeSoto County 750 0.0%
Pearl River County 750 0.0%
Forrest County 650 0.0%
Lamar County 430 0.0%
Madison County 430 0.0%
Jackson County 421 25.0%
Harrison County 320 0.0%
Walthall County 310 0.0%
Pike County 311 33.3%

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: 66 applications in 2025, of which 42 were originated and 4 denied.

6.1% of all applications, or 7.3% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans The Loan Store originated in Mississippi in 2025 was 6.88%, against a statewide median of 6.75%.

About this data. Figures are The Loan Store'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