Towne Bank · Mississippi · 2025

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

Towne Bank took 18 mortgage applications in Mississippi in 2025, ranking #249 of 681 lenders active in the state. It originated 77.8% of them and denied 11.1% (11.8% of the applications it decided), against a statewide denial rate of 22.9%.

18Applicationsin MS
11.8%Decision denial ratestate 28.5%
6.69%Median ratestate 6.75%
$305,000Median loanstate $135,000
$4.2MVolume8 counties

Towne Bank in Mississippi vs the state

11.1%Denial rate-11.81 pts vs state
11.8%Decision denial rate-16.69 pts vs state
77.8%Origination rate+24.91 pts vs state
6.69%Median rate-0.06 pts vs state
0.57Rate spread (pts)+0.24 pts vs state
$147kMedian applicant income
14Loans originated
2Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
202315130.0%6.38%#247
202421184.8%6.75%#227
2025181411.1%6.69%#249

What Towne Bank lends in Mississippi

By loan purpose

Home purchase 14 78% · 14.3% denied
Refinance 1 6% · 0.0% denied
Cash-out refinance 3 17% · 0.0% denied

By loan type

Conventional 12 67% · 0.0% denied
FHA 6 33% · 33.3% denied

Why it denied Mississippi applicants

Employment history 1 50%
Insufficient cash 1 50%

Where in Mississippi

Counties with the most Towne Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Warren County 421 25.0%
Madison County 321 33.3%
Rankin County 330 0.0%
Hinds County 330 0.0%
Harrison County 210 0.0%
Hancock County 110 0.0%
Lauderdale County 110 0.0%
Lafayette County 110 0.0%

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: 18 applications in 2025, of which 14 were originated and 2 denied.

11.1% of all applications, or 11.8% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans Towne Bank originated in Mississippi in 2025 was 6.69%, against a statewide median of 6.75%.

About this data. Figures are Towne 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