Lee County, Mississippi · 2025

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

177 lenders acted on 3,208 mortgage applications for properties in Lee County in 2025. 20.7% were denied (Mississippi: 22.9%). Median rate on closed loans 6.75%; median loan $135,000; median property value $245,000.

3.2kApplications
20.7%Denial ratestate 22.9%
6.75%Median ratestate 6.75%
$135,000Median loan
$245,000Median property value

Largest lenders in Lee County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Renasant Bank B 467320 15.9%6.88%
2 Cadence Bank B 407259 23.1%7.36%
3 BankPlus B 206156 8.7%6.38%
4 Regions Bank C 17971 38.6%5.69%
5 Community Bank of Mississippi C 178129 12.9%7.25%
6 21st Mortgage F 17013 44.1%11.22%
7 Rocket Mortgage C 12178 23.1%6.50%
8 Guaranty Bank and Trust D 10583 10.5%7.13%
9 Mortgage Research Center C 6632 25.8%6.44%
10 Trustmark National Bank C 6446 14.1%7.25%
11 Triad Financial Services D 5322 28.3%8.52%
12 Freedom Mortgage B 4720 10.6%6.25%
13 Vanderbilt Mortgage and Finance F 433 58.1%10.25%
14 Pennymac Loan Services C 4124 17.1%6.25%
15 BankFirst Financial Services A 4136 7.3%7.03%
16 Kiavi Funding D 392 0.0%10.95%
17 Broker Solutions D 386 7.9%7.00%
18 First Community Mortgage A 3425 5.9%6.38%
19 AmeriSave Mortgage D 332 66.7%6.63%
20 Mortgage Investors Group B 2929 0.0%6.49%
21 New Day Financial F 286 10.7%6.93%
22 Figure Lending C 278 37.0%7.83%
23 Geneva Financial C 2616 7.7%6.63%
24 Loandepot.Com D 2518 8.0%6.93%
25 Navy Federal Credit Union D 258 24.0%5.94%

Best approval odds in Lee County

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

#LenderDecidedDecision denial rate
1BankPlus17710.2%
2Guaranty Bank and Trust9411.7%
3Community Bank of Mississippi16314.1%
4Trustmark National Bank5915.3%
5Renasant Bank39918.6%
6Rocket Mortgage11025.5%
7Cadence Bank35926.2%
8Triad Financial Services5328.3%
9Regions Bank15744.0%
1021st Mortgage8984.3%

What Lee County borrowers applied for

By loan purpose

Home purchase 1,400 44% · 15.8% denied
Refinance 729 23% · 15.1% denied
Cash-out refinance 363 11% · 25.9% denied
Home improvement 235 7% · 26.0% denied
Other / HELOC 481 15% · 37.0% denied

By loan type

Conventional 2,412 75% · 22.3% denied
FHA 514 16% · 17.1% denied
VA 234 7% · 13.3% denied
USDA / RHS 48 1% · 14.6% denied

Why applications were denied

Credit history 269 41%
Debt-to-income ratio 185 28%
Incomplete application 69 10%
Collateral 66 10%
Other 37 6%
Unverifiable information 17 3%
Insufficient cash 14 2%
Employment history 5 1%

Lee County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,8421,57922.2%7.13%$125,000
20242,8201,63820.5%7.00%$135,000
20253,2081,78420.7%6.75%$135,000

Frequently asked questions

20.7% of applications in Lee County were denied in 2025, against 22.9% statewide in Mississippi.

Renasant Bank, with 467 applications in 2025 and a denial rate of 15.9%.

The median mortgage application in Lee County in 2025 was for $135,000; the median property value on originated loans was $245,000.