Truist Bank · Mississippi · 2025

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

Truist Bank took 167 mortgage applications in Mississippi in 2025, ranking #96 of 681 lenders active in the state. It originated 34.7% of them and denied 52.7% (58.3% of the applications it decided), against a statewide denial rate of 22.9%.

167Applicationsin MS
58.3%Decision denial ratestate 28.5%
6.77%Median ratestate 6.75%
$105,000Median loanstate $135,000
$13MVolume31 counties

Truist Bank in Mississippi vs the state

52.7%Denial rate+29.77 pts vs state
58.3%Decision denial rate+29.83 pts vs state
34.7%Origination rate-18.14 pts vs state
6.77%Median rate+0.02 pts vs state
0.34Rate spread (pts)+0.01 pts vs state
$100kMedian applicant income
58Loans originated
88Denied

Trend in Mississippi

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231476543.5%7.38%#93
20241515851.0%6.63%#96
20251675852.7%6.77%#96

What Truist Bank lends in Mississippi

By loan purpose

Home purchase 35 21% · 8.6% denied
Refinance 23 14% · 60.9% denied
Cash-out refinance 5 3% · 20.0% denied
Home improvement 41 25% · 75.6% denied
Other / HELOC 63 38% · 61.9% denied

By loan type

Conventional 163 98% · 53.4% denied
FHA 4 2% · 25.0% denied

Why it denied Mississippi applicants

Debt-to-income ratio 36 41%
Incomplete application 24 27%
Credit history 14 16%
Collateral 7 8%
Other 6 7%
Employment history 1 1%

Where in Mississippi

Counties with the most Truist Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
DeSoto County 912258 63.7%
Marshall County 835 62.5%
Lafayette County 612 33.3%
Hancock County 641 16.7%
Harrison County 641 16.7%
Hinds County 532 40.0%
Rankin County 422 50.0%
Madison County 411 25.0%
Oktibbeha County 330 0.0%
Lee County 321 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: 167 applications in 2025, of which 58 were originated and 88 denied.

52.7% of all applications, or 58.3% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.

The median rate on loans Truist Bank originated in Mississippi in 2025 was 6.77%, against a statewide median of 6.75%.

About this data. Figures are Truist 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