GUARANTY BANK & TRUST COMPANY

BELZONI, MS

GUARANTY BANK & TRUST COMPANY processed 1,037 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 736 loans with a 16.3% denial rate. Home Purchase was the primary loan purpose. Based in BELZONI, MS. The approval rate of 71.0% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. GUARANTY BANK & TRUST COMPANY processed 1,037 HMDA-reported mortgage applications in 2024, originating 736 loans and denying 169 for a denial rate of 16.3% (applicants themselves withdrew 128 files before a decision). The average loan amount was $251,644. The lender reports under LEI 5493007B7MEWKMDWUZ73 from BELZONI, MS.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. GUARANTY BANK & TRUST COMPANY's 71.0% origination rate tells you how often an application turned into funded money; the 16.3% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Debt-to-income ratio, Credit application incomplete, which together explain the majority of rejections. Most activity concentrated in Conventional loans (902 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

1,037
Applications
736
Originated
16.3%
Denial Rate
$251,644
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 902 650 146 $259,479
FHA 102 65 18 $196,471
USDA 22 14 4 $148,182
VA 11 7 1 $327,727

Top loan types — GUARANTY BANK & TRUST COMPANY

Top loan types — GUARANTY BANK & TRUST COMPANY Horizontal bar chart of the top 4 items by value (applications). Top loan types — GUARANTY BANK & TRUST COMPANY Top 4 1. Conventional 902 2. FHA 102 3. USDA 22 4. VA 11 Top 5 loan types by application volume at GUARANTY BANK & TRUST COMPANY (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for GUARANTY BANK & TRUST COMPANY (LEI: 5493007B7MEWKMDWUZ73) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Credit history
70
Debt-to-income ratio
58
Credit application incomplete
40
Other
21
Collateral
7
Employment history
7
Unverifiable information
5
Insufficient cash
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 732 530 $257,568
Refinancing 197 147 $247,741
Home Improvement 73 41 $237,466
Cash-out Refinancing 20 10 $214,000
Other 15 8 $133,000

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 618 73.6% 14.7%
Black or African American 194 51.0% 36.1%
Asian 17 64.7% 11.8%
Joint 13 61.5% 15.4%
2 or more minority races 1 100.0% 0.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 799 68.2% 19.5%
Hispanic or Latino 19 79.0% 5.3%
Joint 10 70.0% 30.0%

Nearby Lenders in MS

Other HMDA-reporting lenders in MS with similar activity. Compare any two side-by-side.

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did GUARANTY BANK & TRUST COMPANY process?
GUARANTY BANK & TRUST COMPANY processed 1,037 mortgage applications in the 2023 HMDA reporting year. Of these, 736 were originated (approved and funded), 128 were withdrawn by the applicant, and 169 were denied.
What is GUARANTY BANK & TRUST COMPANY's mortgage approval rate?
GUARANTY BANK & TRUST COMPANY has an approval (origination) rate of 71.0%, meaning 71.0% of all applications resulted in a funded mortgage. The denial rate is 16.3%.
What is the average loan amount at GUARANTY BANK & TRUST COMPANY?
The average mortgage loan amount at GUARANTY BANK & TRUST COMPANY is $251,644.
What are the most common reasons for mortgage denial at GUARANTY BANK & TRUST COMPANY?
The most common reasons for mortgage denial at GUARANTY BANK & TRUST COMPANY are: Credit history, Debt-to-income ratio, Credit application incomplete. In total, 169 applications were denied out of 1,037 total applications.
What types of mortgage loans does GUARANTY BANK & TRUST COMPANY offer?
GUARANTY BANK & TRUST COMPANY processes Conventional, FHA, USDA, VA loans. The most common type is Conventional with 902 applications and an average loan amount of $259,479.
What loan purposes does GUARANTY BANK & TRUST COMPANY serve?
GUARANTY BANK & TRUST COMPANY serves the following loan purposes: Home Purchase (732 applications), Refinancing (197 applications), Home Improvement (73 applications), Cash-out Refinancing (20 applications), Other (15 applications). Home Purchase is the most common purpose.
Where is GUARANTY BANK & TRUST COMPANY located?
GUARANTY BANK & TRUST COMPANY is headquartered in BELZONI, MS. The lender is identified by LEI 5493007B7MEWKMDWUZ73 in HMDA data.
How does GUARANTY BANK & TRUST COMPANY compare in lending across racial demographics?
GUARANTY BANK & TRUST COMPANY reports demographic lending data under HMDA requirements. White applicants have an approval rate of 73.6% and denial rate of 14.7%; Black or African American applicants have an approval rate of 51.0% and denial rate of 36.1%; Asian applicants have an approval rate of 64.7% and denial rate of 11.8%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.