Benton County, Mississippi · 2025

Mortgage lenders in Benton County, MS: denial rates and top lenders (2025)

67 lenders acted on 321 mortgage applications for properties in Benton County in 2025. 24.3% were denied (Mississippi: 22.9%). Median rate on closed loans 6.75%; median loan $115,000; median property value $205,000.

321Applications
24.3%Denial ratestate 22.9%
6.75%Median ratestate 6.75%
$115,000Median loan
$205,000Median property value

Largest lenders in Benton County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 21st Mortgage F 6010 41.7%10.13%
2 Bank of Holly Springs A 3831 2.6%
3 Vanderbilt Mortgage and Finance F 221 54.6%10.99%
4 Regions Bank C 146 35.7%4.99%
5 Triad Financial Services D 137 23.1%8.23%
6 Mortgage Research Center C 126 33.3%7.06%
7 Rocket Mortgage C 118 18.2%6.38%
8 FirstBank C 91 44.4%9.49%
9 Broker Solutions D 94 0.0%6.43%
10 Renasant Bank B 73 14.3%6.93%
11 Pennymac Loan Services C 61 50.0%5.99%
12 Premier Mortgage Resources B 63 0.0%6.63%
13 Trustmark National Bank C 61 16.7%6.75%
14 Mortgage Investors Group B 55 0.0%6.25%
15 Navy Federal Credit Union D 52 0.0%6.19%
16 Coastal Community Bank C 50 0.0%

What Benton County borrowers applied for

By loan purpose

Home purchase 202 63% · 25.3% denied
Refinance 43 13% · 18.6% denied
Cash-out refinance 41 13% · 26.8% denied
Home improvement 22 7% · 18.2% denied
Other / HELOC 13 4% · 30.8% denied

By loan type

Conventional 231 72% · 26.0% denied
FHA 51 16% · 13.7% denied
VA 32 10% · 28.1% denied
USDA / RHS 7 2% · 28.6% denied

Why applications were denied

Credit history 38 51%
Debt-to-income ratio 17 23%
Incomplete application 7 9%
Unverifiable information 4 5%
Collateral 3 4%
Insufficient cash 3 4%
Other 3 4%

Benton County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202321310132.4%7.00%$105,000
20242169030.1%7.19%$105,000
202532114424.3%6.75%$115,000

Frequently asked questions

24.3% of applications in Benton County were denied in 2025, against 22.9% statewide in Mississippi.

21st Mortgage, with 60 applications in 2025 and a denial rate of 41.7%.

The median mortgage application in Benton County in 2025 was for $115,000; the median property value on originated loans was $205,000.