Largest lenders in DeSoto County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Rocket Mortgage | C | 545 | 363 | 20.9% | 6.75% |
| 2 | Cadence Bank | B | 491 | 348 | 19.6% | 6.88% |
| 3 | Regions Bank | C | 445 | 204 | 39.3% | 6.25% |
| 4 | Trustmark National Bank | C | 376 | 287 | 10.6% | 6.38% |
| 5 | United Shore Financial Services | B | 284 | 202 | 12.7% | 6.12% |
| 6 | Freedom Mortgage | B | 269 | 115 | 6.0% | 6.13% |
| 7 | Mortgage Research Center | C | 240 | 121 | 16.7% | 6.25% |
| 8 | Community Mortgage | A | 239 | 200 | 1.7% | 6.25% |
| 9 | Pennymac Loan Services | C | 233 | 115 | 12.0% | 6.25% |
| 10 | Navy Federal Credit Union | D | 220 | 75 | 26.4% | 7.84% |
| 11 | Eagle Bank and Trust | A | 189 | 149 | 1.6% | 6.50% |
| 12 | Community Bank of Mississippi | C | 177 | 144 | 6.2% | 7.00% |
| 13 | Nations Lending | B | 156 | 139 | 3.2% | 6.50% |
| 14 | Crosscountry Mortgage | B | 145 | 94 | 6.2% | 6.49% |
| 15 | Renasant Bank | B | 145 | 101 | 11.7% | 6.98% |
| 16 | Broker Solutions | D | 144 | 52 | 9.7% | 6.88% |
| 17 | BankPlus | B | 131 | 107 | 9.2% | 7.00% |
| 18 | Guaranty Bank and Trust | D | 130 | 96 | 7.7% | 6.75% |
| 19 | Guaranteed Rate | B | 122 | 88 | 9.0% | 6.25% |
| 20 | Newrez | D | 121 | 34 | 25.6% | 6.13% |
| 21 | Loandepot.Com | D | 117 | 64 | 26.5% | 6.88% |
| 22 | CMG Mortgage | A | 112 | 78 | 1.8% | 6.00% |
| 23 | Dhi Mortgage Company | B | 102 | 65 | 9.8% | 4.99% |
| 24 | Guild Mortgage | A | 98 | 76 | 0.0% | 6.38% |
| 25 | First Horizon Bank | B | 96 | 58 | 28.1% | 7.26% |
Best approval odds in DeSoto County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | First Security Bank, Batesville, Mississippi | 53 | 0.0% |
| 2 | Guild Mortgage | 82 | 0.0% |
| 3 | Eagle Bank and Trust | 154 | 2.0% |
| 4 | Community Mortgage | 204 | 2.0% |
| 5 | CMG Mortgage | 89 | 2.3% |
| 6 | Primelending, a Plainscapital | 67 | 3.0% |
| 7 | Nations Lending | 154 | 3.3% |
| 8 | Coastal Community Bank | 67 | 6.0% |
| 9 | BankFirst Financial Services | 61 | 6.6% |
| 10 | Community Bank of Mississippi | 163 | 6.8% |
What DeSoto County borrowers applied for
By loan purpose
By loan type
Why applications were denied
DeSoto County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 7,994 | 4,726 | 19.2% | 6.75% | $205,000 |
| 2024 | 8,494 | 5,014 | 19.0% | 6.63% | $205,000 |
| 2025 | 8,690 | 5,176 | 17.1% | 6.50% | $225,000 |
Frequently asked questions
17.1% of applications in DeSoto County were denied in 2025, against 22.9% statewide in Mississippi.
Rocket Mortgage, with 545 applications in 2025 and a denial rate of 20.9%.
The median mortgage application in DeSoto County in 2025 was for $225,000; the median property value on originated loans was $335,000.