Grenada County, Mississippi · 2025

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

75 lenders acted on 613 mortgage applications for properties in Grenada County in 2025. 29.5% were denied (Mississippi: 22.9%). Median rate on closed loans 6.95%; median loan $105,000; median property value $195,000.

613Applications
29.5%Denial ratestate 22.9%
6.95%Median ratestate 6.75%
$105,000Median loan
$195,000Median property value

Largest lenders in Grenada County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Renasant Bank B 9362 23.7%7.50%
2 BankPlus B 6239 17.7%7.50%
3 Guaranty Bank and Trust D 5637 25.0%7.13%
4 Cadence Bank B 5537 20.0%6.75%
5 Regions Bank C 4818 47.9%5.18%
6 21st Mortgage F 294 48.3%10.70%
7 Rocket Mortgage C 2517 28.0%6.13%
8 Mortgage Research Center C 193 42.1%6.50%
9 Broker Solutions D 146 7.1%6.93%
10 Vanderbilt Mortgage and Finance F 142 42.9%10.75%
11 AmeriSave Mortgage D 121 75.0%10.25%
12 Triad Financial Services D 103 40.0%10.23%
13 Loandepot.Com D 98 11.1%6.81%
14 Nations Lending B 96 11.1%6.13%
15 New Day Financial F 82 75.0%6.74%
16 United Shore Financial Services B 82 25.0%6.31%
17 Premier Mortgage Resources B 86 12.5%6.63%
18 Freedom Mortgage B 74 0.0%6.68%
19 Navy Federal Credit Union D 61 16.7%10.50%
20 Stockton Mortgage D 51 20.0%6.74%
21 Mutual of Omaha Mortgage C 51 40.0%6.50%
22 FirstBank C 51 80.0%10.11%
23 Trustmark National Bank C 52 40.0%5.81%

Best approval odds in Grenada County

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

#LenderDecidedDecision denial rate
1BankPlus5221.2%
2Renasant Bank8525.9%
3Guaranty Bank and Trust5127.5%

What Grenada County borrowers applied for

By loan purpose

Home purchase 287 47% · 23.3% denied
Refinance 109 18% · 18.4% denied
Cash-out refinance 99 16% · 41.4% denied
Home improvement 48 8% · 45.8% denied
Other / HELOC 70 11% · 44.3% denied

By loan type

Conventional 428 70% · 31.3% denied
FHA 103 17% · 29.1% denied
VA 70 11% · 24.3% denied
USDA / RHS 12 2% · 0.0% denied

Why applications were denied

Credit history 73 41%
Debt-to-income ratio 49 27%
Collateral 29 16%
Incomplete application 16 9%
Other 8 4%
Unverifiable information 3 2%
Employment history 2 1%

Grenada County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202356228823.0%7.50%$105,000
202453829222.9%7.38%$105,000
202561330729.5%6.95%$105,000

Frequently asked questions

29.5% of applications in Grenada County were denied in 2025, against 22.9% statewide in Mississippi.

Renasant Bank, with 93 applications in 2025 and a denial rate of 23.7%.

The median mortgage application in Grenada County in 2025 was for $105,000; the median property value on originated loans was $195,000.