Forrest County, Mississippi · 2025

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

172 lenders acted on 2,626 mortgage applications for properties in Forrest County in 2025. 21.8% were denied (Mississippi: 22.9%). Median rate on closed loans 6.75%; median loan $135,000; median property value $235,000.

2.6kApplications
21.8%Denial ratestate 22.9%
6.75%Median ratestate 6.75%
$135,000Median loan
$235,000Median property value

Largest lenders in Forrest County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Trustmark National Bank C 213148 12.2%6.65%
2 Cadence Bank B 208136 20.2%7.50%
3 Regions Bank C 13156 40.5%5.88%
4 Community Bank of Mississippi C 11592 5.2%8.00%
5 Rocket Mortgage C 11266 29.5%6.50%
6 Keesler D 10149 42.6%6.55%
7 21st Mortgage F 9517 44.2%10.38%
8 Vanderbilt Mortgage and Finance F 9510 43.2%10.25%
9 Renasant Bank B 8552 16.5%6.75%
10 Merchants & Marine Bank C 6452 9.4%6.62%
11 Grand Bank for Savings F 6434 29.7%6.29%
12 Mortgage Research Center C 6130 19.7%6.25%
13 Triad Financial Services D 5314 37.7%7.99%
14 Broker Solutions D 5226 3.9%6.50%
15 Hancock Whitney Bank B 5028 24.0%6.50%
16 Freedom Mortgage B 4828 6.3%6.25%
17 United Shore Financial Services B 4826 22.9%6.13%
18 PriorityOne Bank B 4840 8.3%7.50%
19 BankFirst Financial Services A 4335 4.7%6.88%
20 Newrez D 3614 30.6%6.69%
21 Pennymac Loan Services C 3514 17.1%6.12%
22 Dhi Mortgage Company B 3226 6.3%4.99%
23 Crosscountry Mortgage B 2723 0.0%6.63%
24 Hope Federal Credit Union D 2720 25.9%7.00%
25 Citizens Bank A 2624 0.0%

Best approval odds in Forrest County

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

#LenderDecidedDecision denial rate
1Community Bank of Mississippi1065.7%
2Merchants & Marine Bank5910.2%
3Trustmark National Bank17714.7%
4Renasant Bank6720.9%
5Cadence Bank18023.3%
6Rocket Mortgage10232.4%
7Grand Bank for Savings5534.6%
8Triad Financial Services5337.7%
9Regions Bank12143.8%
10Keesler9246.7%

What Forrest County borrowers applied for

By loan purpose

Home purchase 1,336 51% · 18.1% denied
Refinance 454 17% · 14.1% denied
Cash-out refinance 351 13% · 27.9% denied
Home improvement 162 6% · 37.7% denied
Other / HELOC 323 12% · 33.1% denied

By loan type

Conventional 1,853 71% · 23.2% denied
FHA 434 17% · 20.1% denied
VA 292 11% · 16.4% denied
USDA / RHS 47 2% · 14.9% denied

Why applications were denied

Credit history 191 34%
Debt-to-income ratio 148 26%
Collateral 93 16%
Other 52 9%
Incomplete application 34 6%
Unverifiable information 27 5%
Insufficient cash 14 2%
Employment history 8 1%

Forrest County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,2981,20622.2%7.13%$125,000
20242,4861,38621.7%6.99%$125,000
20252,6261,45321.8%6.75%$135,000

Frequently asked questions

21.8% of applications in Forrest County were denied in 2025, against 22.9% statewide in Mississippi.

Trustmark National Bank, with 213 applications in 2025 and a denial rate of 12.2%.

The median mortgage application in Forrest County in 2025 was for $135,000; the median property value on originated loans was $235,000.