PlainLender

PriorityOne Bank

Magee, MS

PriorityOne Bank processed 833 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 659 loans with a 7.6% denial rate. Home Purchase was the primary loan purpose. Based in Magee, MS. The approval rate of 79.1% 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. PriorityOne Bank processed 833 HMDA-reported mortgage applications in 2024, originating 659 loans and denying 63 for a denial rate of 7.6% (applicants themselves withdrew 99 files before a decision). The average loan amount was $199,178 at a 7.711% average note rate, and applicants self-reported an average income of $35,000. The lender reports under LEI 549300CYL5ZW4ISL7T55 from Magee, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. PriorityOne Bank's 79.1% origination rate tells you how often an application turned into funded money; the 7.6% 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, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (609 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.

833
Applications
659
Originated
7.6%
Denial Rate
$199,178
Avg Loan Amount
Avg Interest Rate: 7.711% Avg Applicant Income: $35,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 609 489 46 $180,369
FHA 176 132 15 $238,920
VA 29 22 1 $356,724
USDA 19 16 1 $193,421

Top loan types — PriorityOne Bank

Top loan types — PriorityOne Bank Horizontal bar chart of the top 4 items by value (applications). Top loan types — PriorityOne Bank Top 4 1. Conventional 609 2. FHA 176 3. VA 29 4. USDA 19 Top 5 loan types by application volume at PriorityOne Bank (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 PriorityOne Bank (LEI: 549300CYL5ZW4ISL7T55) · 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
33
Debt-to-income ratio
29
Other
6
Collateral
6
Employment history
2
Insufficient cash
1
Unverifiable information
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 452 356 $261,770
Refinancing 147 111 $173,844
Home Improvement 122 104 $88,115
Other 111 87 $99,505
Cash-out Refinancing 1 1 $245,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 603 80.6% 7.6%
Black or African American 117 69.2% 11.1%
Joint 11 54.5% 9.1%
Asian 3 66.7% 0.0%
American Indian or Alaska Native 2 50.0% 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 705 78.2% 8.1%
Hispanic or Latino 13 69.2% 30.8%
Joint 4 100.0% 0.0%

Nearby Lenders in MS

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

Cadence Bank

Tupelo, MS

19,150 apps 12,823 originated 18.2% denied

TRUSTMARK NATIONAL BANK

JACKSON, MS

11,550 apps 8,088 originated 12.3% denied

HANCOCK WHITNEY BANK

GULFPORT, MS

5,857 apps 3,192 originated 20.9% denied

Community Bank of Mississippi

Flowood, MS

4,507 apps 3,490 originated 7.3% denied

BANKPLUS

RIDGELAND, MS

3,698 apps 2,745 originated 10.7% denied
Compare PriorityOne Bank vs Cadence Bank →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did PriorityOne Bank process?
PriorityOne Bank processed 833 mortgage applications in the 2023 HMDA reporting year. Of these, 659 were originated (approved and funded), 99 were withdrawn by the applicant, and 63 were denied.
What is PriorityOne Bank's mortgage approval rate?
PriorityOne Bank has an approval (origination) rate of 79.1%, meaning 79.1% of all applications resulted in a funded mortgage. The denial rate is 7.6%.
What is the average loan amount at PriorityOne Bank?
The average mortgage loan amount at PriorityOne Bank is $199,178. The average interest rate is 7.711%. The average applicant income is $35,000.
What are the most common reasons for mortgage denial at PriorityOne Bank?
The most common reasons for mortgage denial at PriorityOne Bank are: Credit history, Debt-to-income ratio, Other. In total, 63 applications were denied out of 833 total applications.
What types of mortgage loans does PriorityOne Bank offer?
PriorityOne Bank processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 609 applications and an average loan amount of $180,369.
What loan purposes does PriorityOne Bank serve?
PriorityOne Bank serves the following loan purposes: Home Purchase (452 applications), Refinancing (147 applications), Home Improvement (122 applications), Other (111 applications), Cash-out Refinancing (1 applications). Home Purchase is the most common purpose.
Where is PriorityOne Bank located?
PriorityOne Bank is headquartered in Magee, MS. The lender is identified by LEI 549300CYL5ZW4ISL7T55 in HMDA data.
How does PriorityOne Bank compare in lending across racial demographics?
PriorityOne Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 80.6% and denial rate of 7.6%; Black or African American applicants have an approval rate of 69.2% and denial rate of 11.1%; Joint applicants have an approval rate of 54.5% and denial rate of 9.1%. 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.

Read our methodology — how this data is sourced, computed, and verified.