Tate County, Mississippi · 2025

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

122 lenders acted on 1,013 mortgage applications for properties in Tate County in 2025. 21.6% were denied (Mississippi: 22.9%). Median rate on closed loans 6.63%; median loan $165,000; median property value $285,000.

1.0kApplications
21.6%Denial ratestate 22.9%
6.63%Median ratestate 6.75%
$165,000Median loan
$285,000Median property value

Largest lenders in Tate County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 BankFirst Financial Services A 8159 18.5%8.00%
2 Guaranty Bank and Trust D 5640 8.9%6.88%
3 Regions Bank C 5323 39.6%6.75%
4 Rocket Mortgage C 5125 41.2%6.49%
5 Cadence Bank B 4129 14.6%7.00%
6 Trustmark National Bank C 3928 7.7%6.22%
7 21st Mortgage F 377 48.7%10.88%
8 Eagle Bank and Trust A 3221 9.4%6.50%
9 Vanderbilt Mortgage and Finance F 322 37.5%11.38%
10 Pennymac Loan Services C 3012 13.3%6.31%
11 Mortgage Research Center C 2710 18.5%6.44%
12 Freedom Mortgage B 267 11.5%6.25%
13 AmeriSave Mortgage D 226 68.2%8.63%
14 CMG Mortgage A 2115 14.3%6.17%
15 Swbc Mortgage A 2114 9.5%6.50%
16 Union Home Mortgage B 2017 5.0%5.75%
17 Broker Solutions D 206 15.0%7.25%
18 United Shore Financial Services B 1912 15.8%6.13%
19 Community Mortgage A 1714 5.9%6.37%
20 First Horizon Bank B 165 56.3%7.63%
21 First Security Bank, Batesville, Mississippi B 1512 13.3%
22 Renasant Bank B 139 23.1%7.50%
23 BankPlus B 1210 8.3%6.50%
24 Navy Federal Credit Union D 123 41.7%6.75%
25 Community Bank of Mississippi C 1110 0.0%6.38%

Best approval odds in Tate County

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

#LenderDecidedDecision denial rate
1BankFirst Financial Services7619.7%

What Tate County borrowers applied for

By loan purpose

Home purchase 433 43% · 16.2% denied
Refinance 224 22% · 12.1% denied
Cash-out refinance 171 17% · 32.2% denied
Home improvement 90 9% · 41.1% denied
Other / HELOC 95 9% · 31.6% denied

By loan type

Conventional 667 66% · 22.5% denied
FHA 216 21% · 22.7% denied
VA 98 10% · 14.3% denied
USDA / RHS 32 3% · 18.8% denied

Why applications were denied

Credit history 98 46%
Debt-to-income ratio 35 16%
Collateral 32 15%
Incomplete application 20 9%
Other 16 7%
Unverifiable information 8 4%
Insufficient cash 4 2%
Employment history 2 1%

Tate County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202394451019.9%6.88%$145,000
202495656419.7%6.88%$145,000
20251,01354021.6%6.63%$165,000

Frequently asked questions

21.6% of applications in Tate County were denied in 2025, against 22.9% statewide in Mississippi.

BankFirst Financial Services, with 81 applications in 2025 and a denial rate of 18.5%.

The median mortgage application in Tate County in 2025 was for $165,000; the median property value on originated loans was $285,000.