Rankin County, Mississippi · 2025

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

235 lenders acted on 6,985 mortgage applications for properties in Rankin County in 2025. 17.2% were denied (Mississippi: 22.9%). Median rate on closed loans 6.63%; median loan $175,000; median property value $275,000.

7.0kApplications
17.2%Denial ratestate 22.9%
6.63%Median ratestate 6.75%
$175,000Median loan
$275,000Median property value

Largest lenders in Rankin County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Trustmark National Bank C 842656 10.6%6.75%
2 Cadence Bank B 554395 13.2%7.00%
3 Community Bank of Mississippi C 529412 8.5%6.88%
4 Regions Bank C 402168 43.8%4.99%
5 Rocket Mortgage C 319228 18.8%6.50%
6 BankPlus B 253201 7.5%6.38%
7 American Mortgage Bank C 216164 3.7%6.25%
8 Guild Mortgage A 203142 5.4%6.63%
9 United Shore Financial Services B 200155 12.5%6.13%
10 21st Mortgage F 18331 47.5%10.05%
11 PriorityOne Bank B 158130 8.9%7.13%
12 Renasant Bank B 151108 11.3%6.88%
13 Vanderbilt Mortgage and Finance F 13717 46.0%10.25%
14 Mortgage Research Center C 13567 11.9%6.25%
15 Keesler D 12048 47.5%6.44%
16 Freedom Mortgage B 10744 8.4%6.00%
17 Pennymac Loan Services C 10247 9.8%6.13%
18 FirstBank C 9840 27.6%5.00%
19 Newrez D 9438 18.1%6.18%
20 Broker Solutions D 7736 11.7%6.88%
21 Dhi Mortgage Company B 7745 14.3%4.99%
22 Triad Financial Services D 7522 41.3%8.59%
23 Planet Home Lending B 6251 14.5%6.13%
24 Origin Bank C 6148 8.2%6.75%
25 AmeriSave Mortgage D 5917 59.3%8.50%

Best approval odds in Rankin County

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

#LenderDecidedDecision denial rate
1American Mortgage Bank1764.6%
2Guild Mortgage1676.6%
3BankPlus2278.4%
4Origin Bank568.9%
5Community Bank of Mississippi4859.3%
6PriorityOne Bank1459.7%
7Union Home Mortgage519.8%
8Trustmark National Bank77111.5%
9Renasant Bank12813.3%
10Freedom Mortgage6713.4%

What Rankin County borrowers applied for

By loan purpose

Home purchase 3,572 51% · 11.8% denied
Refinance 1,278 18% · 13.5% denied
Cash-out refinance 784 11% · 24.4% denied
Home improvement 397 6% · 35.3% denied
Other / HELOC 954 14% · 28.8% denied

By loan type

Conventional 4,797 69% · 19.4% denied
FHA 1,403 20% · 13.3% denied
VA 656 9% · 11.1% denied
USDA / RHS 129 2% · 9.3% denied

Why applications were denied

Credit history 433 37%
Debt-to-income ratio 337 29%
Collateral 136 12%
Incomplete application 103 9%
Other 70 6%
Unverifiable information 58 5%
Insufficient cash 33 3%
Employment history 12 1%

Rankin County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20236,1183,73017.6%7.00%$155,000
20246,4793,97218.8%6.99%$155,000
20256,9854,36317.2%6.63%$175,000

Frequently asked questions

17.2% of applications in Rankin County were denied in 2025, against 22.9% statewide in Mississippi.

Trustmark National Bank, with 842 applications in 2025 and a denial rate of 10.6%.

The median mortgage application in Rankin County in 2025 was for $175,000; the median property value on originated loans was $275,000.