Largest mortgage lenders in Mississippi
By applications received in 2025. Grade is the lender's national grade.
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | 21st Mortgage | F | 6,764 | 1,068 | 48.5% | 10.56% |
| 2 | Trustmark National Bank | C | 5,531 | 4,094 | 12.5% | 6.75% |
| 3 | Cadence Bank | B | 5,301 | 3,510 | 19.2% | 7.25% |
| 4 | Regions Bank | C | 4,916 | 1,886 | 44.7% | 5.75% |
| 5 | Rocket Mortgage | C | 4,636 | 2,997 | 24.8% | 6.63% |
| 6 | Community Bank of Mississippi | C | 3,856 | 3,017 | 9.0% | 7.65% |
| 7 | Renasant Bank | B | 3,188 | 2,189 | 14.3% | 6.99% |
| 8 | Triad Financial Services | D | 3,140 | 1,014 | 34.4% | 8.76% |
| 9 | Vanderbilt Mortgage and Finance | F | 2,840 | 313 | 44.3% | 10.25% |
| 10 | BankPlus | B | 2,638 | 1,973 | 10.7% | 6.50% |
| 11 | Mortgage Research Center | C | 2,628 | 1,220 | 19.1% | 6.38% |
| 12 | Keesler | D | 2,422 | 1,066 | 40.4% | 6.75% |
| 13 | United Shore Financial Services | B | 2,109 | 1,430 | 13.9% | 6.13% |
| 14 | Freedom Mortgage | B | 1,626 | 694 | 8.1% | 6.25% |
| 15 | Broker Solutions | D | 1,585 | 571 | 9.7% | 6.88% |
| 16 | Navy Federal Credit Union | D | 1,519 | 633 | 23.8% | 6.63% |
| 17 | Guaranty Bank and Trust | D | 1,386 | 973 | 16.2% | 7.13% |
| 18 | Pennymac Loan Services | C | 1,342 | 603 | 13.9% | 6.13% |
| 19 | AmeriSave Mortgage | D | 1,257 | 268 | 66.4% | 6.75% |
| 20 | FirstBank | C | 1,217 | 248 | 53.2% | 9.49% |
| 21 | Loandepot.Com | D | 1,195 | 638 | 29.5% | 6.50% |
| 22 | CMG Mortgage | A | 1,161 | 770 | 5.9% | 6.25% |
| 23 | Guild Mortgage | A | 1,142 | 808 | 5.9% | 6.50% |
| 24 | Newrez | D | 1,088 | 329 | 27.7% | 6.25% |
| 25 | BankFirst Financial Services | A | 1,044 | 869 | 7.4% | 7.00% |
Best approval odds in Mississippi
Lowest decision denial rate among lenders that decided at least 300 Mississippi applications in 2025.
| # | Lender | Decided | Decision denial rate | Median rate |
|---|---|---|---|---|
| 1 | Mortgage Investors Group | 368 | 2.2% | 6.50% |
| 2 | Coastal Community Bank | 564 | 3.4% | 10.49% |
| 3 | American Mortgage Bank | 593 | 4.7% | 6.25% |
| 4 | Citizens Bank | 363 | 5.0% | — |
| 5 | Magnolia Bank | 454 | 5.5% | 6.38% |
| 6 | Cardinal Financial Company, Limited Partnership | 477 | 6.7% | 6.25% |
| 7 | Crosscountry Mortgage | 594 | 7.1% | 6.63% |
| 8 | Guild Mortgage | 939 | 7.1% | 6.50% |
| 9 | CMG Mortgage | 948 | 7.2% | 6.25% |
| 10 | BankFirst Financial Services | 963 | 8.0% | 7.00% |
Lowest median rates in Mississippi
Among lenders reporting rates on at least 100 originated loans. Product mix matters: a VA specialist will show a lower median than a jumbo lender.
| # | Lender | Priced loans | Median rate | Denial rate |
|---|---|---|---|---|
| 1 | Dhi Mortgage Company | 620 | 4.99% | 16.9% |
| 2 | Village Capital & Investment | 108 | 5.75% | 11.9% |
| 3 | Regions Bank | 1,879 | 5.75% | 44.7% |
| 4 | Hancock Whitney Bank | 479 | 6.00% | 25.7% |
| 5 | Pennymac Loan Services | 603 | 6.13% | 13.9% |
| 6 | United Shore Financial Services | 1,430 | 6.13% | 13.9% |
| 7 | Community Mortgage | 275 | 6.25% | 2.1% |
| 8 | Dsld Mortgage | 249 | 6.25% | 5.9% |
| 9 | Planet Home Lending | 282 | 6.25% | 13.0% |
| 10 | Union Home Mortgage | 299 | 6.25% | 7.5% |
What Mississippi borrowers applied for
By loan purpose
By loan type
Denial rate by applicant income
Why Mississippi applications were denied
Mississippi mortgage market by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan | Lenders |
|---|---|---|---|---|---|---|
| 2023 | 90,711 | 45,994 | 24.8% | 7.00% | $125,000 | 692 |
| 2024 | 95,665 | 49,623 | 24.3% | 6.99% | $125,000 | 666 |
| 2025 | 103,502 | 54,718 | 22.9% | 6.75% | $135,000 | 681 |
Mississippi counties
Counties with at least 200 applications in 2025, most active first.
Frequently asked questions
22.9% of mortgage applications in Mississippi were denied in 2025 (28.5% of applications that reached a decision). Nationally the rate was 18.0%.
21st Mortgage handled the most applications in Mississippi in 2025: 6,764, with a denial rate of 48.5%.
Among lenders that decided at least 300 applications in Mississippi, Mortgage Investors Group had the lowest decision denial rate at 2.2%.
The median interest rate on loans originated in Mississippi in 2025 was 6.75%. That is the rate borrowers actually received, reported by lenders under HMDA, not an advertised rate.