Clay County, Mississippi · 2025

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

87 lenders acted on 630 mortgage applications for properties in Clay County in 2025. 24.6% were denied (Mississippi: 22.9%). Median rate on closed loans 7.25%; median loan $105,000; median property value $165,000.

630Applications
24.6%Denial ratestate 22.9%
7.25%Median ratestate 6.75%
$105,000Median loan
$165,000Median property value

Largest lenders in Clay County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 21st Mortgage F 10113 49.5%11.00%
2 Cadence Bank B 8154 18.5%7.50%
3 Renasant Bank B 5635 16.1%7.31%
4 Triad Financial Services D 3412 17.7%10.77%
5 Rocket Mortgage C 3321 27.3%6.25%
6 Regions Bank C 275 40.7%6.63%
7 FirstBank C 2411 41.7%10.49%
8 BankFirst Financial Services A 1913 10.5%7.50%
9 Trustmark National Bank C 1911 15.8%5.99%
10 Broker Solutions D 148 7.1%7.19%
11 Mortgage Research Center C 136 30.8%6.25%
12 Vanderbilt Mortgage and Finance F 90 55.6%
13 Magnolia Bank C 86 12.5%6.50%
14 Cardinal Financial Company, Limited Partnership B 76 0.0%6.69%
15 Mortgage Investors Group B 74 0.0%7.12%
16 Carrington Mortgage Services D 72 42.9%6.13%
17 Freedom Mortgage B 75 14.3%6.13%
18 Coastal Community Bank C 72 0.0%13.49%
19 Unnamed lender 529900YKD9FOL6BFSG98 C 77 0.0%
20 Pennymac Loan Services C 63 16.7%6.63%
21 Navy Federal Credit Union D 62 16.7%5.44%
22 Geneva Financial C 63 0.0%7.13%
23 AmeriSave Mortgage D 52 60.0%6.06%
24 Union Home Mortgage B 53 0.0%5.38%
25 The Citizens Bank of Philadelphia, Mississippi C 51 0.0%

Best approval odds in Clay County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Cadence Bank7021.4%
221st Mortgage6576.9%

What Clay County borrowers applied for

By loan purpose

Home purchase 339 54% · 25.1% denied
Refinance 106 17% · 12.3% denied
Cash-out refinance 73 12% · 31.5% denied
Home improvement 34 5% · 26.5% denied
Other / HELOC 78 12% · 32.1% denied

By loan type

Conventional 474 75% · 26.6% denied
FHA 92 15% · 22.8% denied
VA 46 7% · 13.0% denied
USDA / RHS 18 3% · 11.1% denied

Why applications were denied

Credit history 69 45%
Debt-to-income ratio 38 25%
Collateral 18 12%
Incomplete application 14 9%
Other 6 4%
Insufficient cash 5 3%
Unverifiable information 4 3%
Employment history 1 1%

Clay County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202348322428.8%7.50%$95,000
202455025730.6%7.63%$105,000
202563029524.6%7.25%$105,000

Frequently asked questions

24.6% of applications in Clay County were denied in 2025, against 22.9% statewide in Mississippi.

21st Mortgage, with 101 applications in 2025 and a denial rate of 49.5%.

The median mortgage application in Clay County in 2025 was for $105,000; the median property value on originated loans was $165,000.