Largest lenders in Alcorn County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Guaranty Bank and Trust | D | 82 | 57 | 17.1% | 7.00% |
| 2 | Cadence Bank | B | 80 | 57 | 17.5% | 7.44% |
| 3 | Renasant Bank | B | 66 | 42 | 13.6% | 7.00% |
| 4 | 21st Mortgage | F | 60 | 8 | 45.0% | 10.90% |
| 5 | Regions Bank | C | 52 | 23 | 42.3% | 4.99% |
| 6 | Rocket Mortgage | C | 51 | 39 | 19.6% | 6.50% |
| 7 | Stockton Mortgage | D | 48 | 37 | 4.2% | 6.50% |
| 8 | FORT FINANCIAL Federal Credit Union | D | 48 | 26 | 22.9% | 6.81% |
| 9 | Trustmark National Bank | C | 41 | 30 | 17.1% | 7.50% |
| 10 | CB&S Bank | C | 34 | 24 | 14.7% | 6.75% |
| 11 | Vanderbilt Mortgage and Finance | F | 31 | 6 | 38.7% | 10.50% |
| 12 | Mortgage Research Center | C | 24 | 14 | 8.3% | 6.63% |
| 13 | Triad Financial Services | D | 21 | 7 | 28.6% | 9.10% |
| 14 | Freedom Mortgage | B | 18 | 8 | 5.6% | 6.25% |
| 15 | Pennymac Loan Services | C | 17 | 6 | 17.7% | 6.19% |
| 16 | Broker Solutions | D | 15 | 4 | 13.3% | 6.75% |
| 17 | AmeriSave Mortgage | D | 14 | 2 | 85.7% | 6.93% |
| 18 | FirstBank | C | 13 | 5 | 23.1% | 9.49% |
| 19 | United Shore Financial Services | B | 13 | 7 | 30.8% | 5.75% |
| 20 | Coastal Community Bank | C | 12 | 3 | 0.0% | 10.49% |
| 21 | New Day Financial | F | 10 | 1 | 20.0% | 5.99% |
| 22 | Newrez | D | 8 | 2 | 37.5% | 7.43% |
| 23 | Loandepot.Com | D | 8 | 4 | 37.5% | 7.68% |
| 24 | Kiavi Funding | D | 8 | 0 | 0.0% | — |
| 25 | Navy Federal Credit Union | D | 8 | 3 | 12.5% | 6.25% |
Best approval odds in Alcorn County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Renasant Bank | 51 | 17.7% |
| 2 | Cadence Bank | 71 | 19.7% |
| 3 | Guaranty Bank and Trust | 71 | 19.7% |
| 4 | Rocket Mortgage | 50 | 20.0% |
What Alcorn County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Alcorn County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 822 | 430 | 22.8% | 7.13% | $115,000 |
| 2024 | 831 | 456 | 22.1% | 7.13% | $115,000 |
| 2025 | 958 | 505 | 21.5% | 6.88% | $125,000 |
Frequently asked questions
21.5% of applications in Alcorn County were denied in 2025, against 22.9% statewide in Mississippi.
Guaranty Bank and Trust, with 82 applications in 2025 and a denial rate of 17.1%.
The median mortgage application in Alcorn County in 2025 was for $125,000; the median property value on originated loans was $205,000.