Mississippi Mortgage Lending
574 lenders reporting under HMDA
Statewide mortgage activity. Lenders filed 106,631 HMDA-reported mortgage applications in Mississippi in 2024, originating 49,565 loans and denying 23,282. That puts the statewide denial rate at 21.8% and the approval (origination) rate at 46.5%. The average loan amount across Mississippi was $172,586 at an average note rate of 7.17%. 574 distinct institutions — banks, credit unions, and independent mortgage companies — filed HMDA data covering activity in the state. Applications span 82 counties and 5 metropolitan areas.
What drives state-level differences. State mortgage denial rates reflect applicant mix more than lender stance. Credit profiles, loan-to-value ratios, debt-to-income, property type, and rural-versus-urban composition all move the number before any lender policy does. Demographic lending data reported under HMDA shows variation across applicant groups — for example, White applicants had an approval rate of 57.8% and denial rate of 19.0%; while Black or African American applicants had an approval rate of 38.8% and denial rate of 35.9%. These are derived race categories as reported by applicants and do not by themselves prove causation; credit score, income, and loan-to-value are not reported in HMDA and drive much of the underlying variation. Top counties by volume include DeSoto County, Harrison County, Rankin County.
How to read this page. These are aggregate 2024 HMDA disclosures published by the Consumer Financial Protection Bureau — a federal transparency dataset, not a real-time market feed. A state-level number is useful for context but cannot tell you what rate, fees, or underwriting any individual lender will offer a specific borrower. This page is informational data reporting, not financial, legal, or mortgage advice. Shop at least three lenders, compare Loan Estimates line-by-line, and consult a licensed mortgage professional before applying. Data reflects the CFPB HMDA 2024 Snapshot National Loan-Level Dataset; demographic fields reflect derived categories as reported by applicants.
Nearby Lenders in Mississippi
Top HMDA-reporting lenders active in Mississippi. Compare any two side-by-side for rates, denial rates, and loan mix.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | TRUSTMARK NATIONAL BANK | 4,122 | 8.3% |
| 2 | Cadence Bank | 3,519 | 7.1% |
| 3 | Community Bank of Mississippi | 2,730 | 5.5% |
| 4 | ROCKET MORTGAGE | 2,626 | 5.3% |
| 5 | BANKPLUS | 1,921 | 3.9% |
Lending by Race in Mississippi
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 54,399 | 57.8% | 19.0% |
| Black or African American | 25,818 | 38.8% | 35.9% |
| Asian | 1,330 | 54.7% | 19.5% |
| Joint | 1,073 | 52.0% | 22.8% |
| American Indian or Alaska Native | 339 | 38.9% | 34.2% |
| 2 or more minority races | 178 | 34.3% | 41.0% |
| Native Hawaiian or Other Pacific Islander | 139 | 35.3% | 27.3% |
Counties in Mississippi
| County | Applications | Originated | Denial Rate | Avg Loan |
|---|---|---|---|---|
| DeSoto County | 9,817 | 4,992 | 16.4% | $227,414 |
| Harrison County | 9,343 | 4,453 | 18.2% | $204,826 |
| Rankin County | 7,354 | 3,970 | 16.5% | $195,494 |
| Hinds County | 7,242 | 3,400 | 23.6% | $158,111 |
| Jackson County | 5,986 | 2,823 | 18.6% | $182,334 |
| Madison County | 4,989 | 2,730 | 15.6% | $252,274 |
| Lee County | 3,175 | 1,637 | 18.2% | $172,546 |
| Lamar County | 2,761 | 1,373 | 17.4% | $198,481 |
| Forrest County | 2,737 | 1,387 | 19.7% | $167,631 |
| Hancock County | 2,257 | 1,052 | 21.4% | $201,872 |
| Pearl River County | 2,251 | 1,034 | 21.1% | $170,038 |
| Jones County | 2,238 | 1,095 | 19.8% | $130,670 |
| Lafayette County | 2,225 | 1,334 | 13.7% | $291,822 |
| Lowndes County | 1,963 | 981 | 19.9% | $180,176 |
| Lauderdale County | 1,935 | 898 | 24.1% | $138,535 |
| Marshall County | 1,706 | 746 | 21.3% | $195,135 |
| Oktibbeha County | 1,420 | 723 | 19.6% | $198,120 |
| Warren County | 1,406 | 572 | 26.5% | $141,622 |
| Panola County | 1,243 | 472 | 28.6% | $133,721 |
| Pike County | 1,233 | 443 | 32.2% | $135,941 |
| Monroe County | 1,190 | 518 | 22.1% | $122,866 |
| Lincoln County | 1,182 | 443 | 26.3% | $134,704 |
| Tate County | 1,083 | 564 | 17.4% | $172,313 |
| George County | 1,001 | 448 | 22.8% | $175,050 |
| Simpson County | 984 | 411 | 24.2% | $131,362 |
| Pontotoc County | 974 | 411 | 26.8% | $145,483 |
| Alcorn County | 917 | 456 | 20.1% | $144,248 |
| Marion County | 913 | 390 | 29.7% | $116,030 |
| Scott County | 902 | 341 | 30.8% | $112,694 |
| Washington County | 871 | 420 | 28.5% | $104,403 |
| Union County | 773 | 329 | 24.8% | $140,744 |
| Copiah County | 742 | 269 | 30.5% | $125,539 |
| Prentiss County | 738 | 358 | 22.6% | $121,260 |
| Itawamba County | 735 | 377 | 16.5% | $142,007 |
| Adams County | 718 | 253 | 31.1% | $134,610 |
| Stone County | 693 | 320 | 22.4% | $152,229 |
| Yazoo County | 656 | 276 | 25.8% | $119,238 |
| Covington County | 654 | 221 | 35.5% | $112,355 |
| Tishomingo County | 638 | 328 | 19.0% | $144,013 |
| Newton County | 633 | 266 | 25.4% | $115,269 |
| Neshoba County | 628 | 265 | 26.6% | $113,631 |
| Wayne County | 614 | 200 | 33.1% | $115,749 |
| Clay County | 607 | 257 | 27.7% | $118,806 |
| Grenada County | 597 | 292 | 20.6% | $134,347 |
| Walthall County | 567 | 187 | 32.3% | $119,991 |
| Bolivar County | 562 | 262 | 26.3% | $126,975 |
| Yalobusha County | 556 | 253 | 24.5% | $116,133 |
| Jasper County | 551 | 199 | 32.7% | $112,096 |
| Smith County | 523 | 220 | 24.5% | $109,627 |
| Chickasaw County | 507 | 141 | 36.9% | $116,183 |
| Tippah County | 496 | 197 | 25.6% | $124,274 |
| Sunflower County | 494 | 269 | 23.9% | $112,389 |
| Attala County | 487 | 199 | 24.4% | $111,160 |
| Winston County | 483 | 214 | 28.8% | $107,567 |
| Leake County | 472 | 209 | 25.0% | $127,479 |
| Jefferson Davis County | 440 | 114 | 40.5% | $102,000 |
| Clarke County | 434 | 186 | 26.0% | $113,479 |
| Lawrence County | 391 | 146 | 34.3% | $105,767 |
| Perry County | 384 | 156 | 26.6% | $124,922 |
| Leflore County | 383 | 165 | 31.1% | $121,449 |
| Amite County | 371 | 113 | 36.1% | $128,369 |
| Greene County | 356 | 159 | 26.4% | $115,197 |
| Coahoma County | 348 | 98 | 36.8% | $115,603 |
| Calhoun County | 347 | 145 | 25.9% | $125,663 |
| Holmes County | 312 | 100 | 34.0% | $96,603 |
| Webster County | 260 | 127 | 19.2% | $134,269 |
| Noxubee County | 257 | 91 | 35.4% | $93,988 |
| Tallahatchie County | 250 | 82 | 31.2% | $96,000 |
| Benton County | 238 | 89 | 27.3% | $128,319 |
| Carroll County | 228 | 88 | 23.7% | $130,614 |
| Jefferson County | 217 | 33 | 53.9% | $100,760 |
| Claiborne County | 214 | 52 | 37.4% | $116,075 |
| Wilkinson County | 205 | 57 | 38.5% | $114,561 |
| Choctaw County | 203 | 72 | 32.0% | $112,438 |
| Montgomery County | 191 | 72 | 28.8% | $107,984 |
| Kemper County | 191 | 69 | 37.2% | $114,581 |
| Humphreys County | 189 | 63 | 43.4% | $95,529 |
| Franklin County | 186 | 58 | 32.3% | $108,172 |
| Tunica County | 146 | 67 | 19.9% | $126,849 |
| Quitman County | 100 | 23 | 40.0% | $89,800 |
| Sharkey County | 54 | 17 | 42.6% | $85,185 |
| Issaquena County | 6 | 2 | 16.7% | $60,000 |
Metro Areas in Mississippi
Frequently Asked Questions
How many mortgage applications were filed in Mississippi?
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Mortgage Lending Guides
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. State geography per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Demographic data reflects derived categories as reported by applicants. Provided for informational purposes only.
Read our methodology — how this data is sourced, computed, and verified.
