Smith County, Mississippi · 2025

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

74 lenders acted on 564 mortgage applications for properties in Smith County in 2025. 27.7% were denied (Mississippi: 22.9%). Median rate on closed loans 7.50%; median loan $95,000; median property value $195,000.

564Applications
27.7%Denial ratestate 22.9%
7.50%Median ratestate 6.75%
$95,000Median loan
$195,000Median property value

Largest lenders in Smith County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 21st Mortgage F 10816 50.9%11.02%
2 Community Bank of Mississippi C 8669 11.6%8.40%
3 Trustmark National Bank C 5444 7.4%7.50%
4 Triad Financial Services D 5123 33.3%8.61%
5 Vanderbilt Mortgage and Finance F 212 38.1%8.99%
6 Rocket Mortgage C 1913 15.8%5.99%
7 Regions Bank C 144 64.3%7.19%
8 FirstBank C 142 57.1%9.87%
9 Cadence Bank B 139 15.4%7.25%
10 PriorityOne Bank B 129 8.3%6.88%
11 United Shore Financial Services B 119 9.1%6.13%
12 AmeriSave Mortgage D 92 77.8%7.88%
13 Peoples Bank D 97 0.0%
14 BankFirst Financial Services A 86 0.0%7.25%
15 New Day Financial F 72 0.0%6.93%
16 Guild Mortgage A 77 0.0%6.75%
17 Credit Human Federal Credit Union D 60 100.0%
18 Mortgage Research Center C 61 33.3%6.25%
19 Loandepot.Com D 64 16.7%6.12%
20 Navy Federal Credit Union D 61 50.0%6.25%
21 Unnamed lender 529900YKD9FOL6BFSG98 C 64 16.7%
22 The Bank of Forest A 55 0.0%
23 Southwest Stage Funding F 52 0.0%11.18%

Best approval odds in Smith County

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

#LenderDecidedDecision denial rate
1Trustmark National Bank508.0%
2Community Bank of Mississippi8411.9%
3Triad Financial Services5133.3%
421st Mortgage7375.3%

What Smith County borrowers applied for

By loan purpose

Home purchase 324 57% · 34.0% denied
Refinance 96 17% · 7.3% denied
Cash-out refinance 49 9% · 32.7% denied
Home improvement 30 5% · 30.0% denied
Other / HELOC 65 12% · 21.5% denied

By loan type

Conventional 479 85% · 29.4% denied
FHA 58 10% · 22.4% denied
VA 22 4% · 9.1% denied
USDA / RHS 5 1% · 0.0% denied

Why applications were denied

Credit history 66 43%
Debt-to-income ratio 42 27%
Collateral 20 13%
Incomplete application 10 6%
Unverifiable information 6 4%
Other 6 4%
Insufficient cash 3 2%
Employment history 2 1%

Smith County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202349823731.1%8.00%$85,000
202446122027.8%8.50%$85,000
202556427727.7%7.50%$95,000

Frequently asked questions

27.7% of applications in Smith County were denied in 2025, against 22.9% statewide in Mississippi.

21st Mortgage, with 108 applications in 2025 and a denial rate of 50.9%.

The median mortgage application in Smith County in 2025 was for $95,000; the median property value on originated loans was $195,000.