Best mortgage lenders in Mississippi
No lender is best for everyone, so this page ranks Mississippi lenders on what federal records can measure: who makes the most loans here, who leads for FHA and VA, and what their Mississippi borrowers paid. All figures are 2025 HMDA data; no lender pays to be listed.
Who leads for what in Mississippi
"Most loans" and "Largest average loan" are among the 15 lenders with the most Mississippi originations in 2025 (the latter counts lenders with at least 300 loans in the state); FHA and VA leaders count every lender's home-purchase loans.
The 15 lenders that made the most home loans in Mississippi
| # | Lender | Type | Loans | FHA | VA | Avg loan | Approval* |
|---|---|---|---|---|---|---|---|
| 1 | Trustmark National Bank | — | 4,094 | 19.8% | 4.5% | $154,856 | 85.6% |
| 2 | Cadence Bank | — | 3,510 | 10.8% | 1.9% | $177,411 | 77.5% |
| 3 | Community Bank of Mississippi | — | 3,017 | 4.9% | 0.7% | $147,612 | 89.7% |
| 4 | Rocket Mortgage | Nonbank lender | 2,997 | 26.7% | 11.1% | $180,686 | 72.3% |
| 5 | Renasant Bank | — | 2,189 | 12.7% | 2.9% | $187,842 | 82.8% |
| 6 | BankPlus | — | 1,973 | 4.3% | 1.1% | $228,923 | 87.5% |
| 7 | Regions Bank | Bank | 1,886 | 7.6% | 1.3% | $160,165 | 46.2% |
| 8 | United Wholesale Mortgage | Nonbank lender | 1,430 | 27.0% | 34.8% | $258,105 | 83.0% |
| 9 | Veterans United | Nonbank lender | 1,220 | 4.3% | 90.7% | $265,655 | 70.8% |
| 10 | 21st Mortgage Corporation | — | 1,068 | 0.0% | 0.0% | $112,463 | 24.5% |
| 11 | Keesler | — | 1,066 | 16.2% | 8.8% | $164,034 | 52.2% |
| 12 | Triad Financial Services, Inc. | — | 1,014 | 0.0% | 0.0% | $120,927 | 48.4% |
| 13 | Guaranty Bank and Trust Company | — | 973 | 7.9% | 1.5% | $229,789 | 81.2% |
| 14 | BankFirst Financial Services | — | 869 | 4.5% | 0.6% | $190,235 | 91.9% |
| 15 | Guild Mortgage | Nonbank lender | 808 | 37.4% | 8.5% | $209,072 | 92.3% |
Source: 2025 HMDA originations, FFIEC/CFPB. FHA/VA = share of each lender's Mississippi loans. *Approval = originated ÷ (originated + denied); it mirrors a lender's channel and borrower mix, not how hard it is to qualify.
Also among the 25 lenders with the most HMDA filings here: PennyMac, Vanderbilt Mortgage And Finance, Inc., Newrez, Freedom Mortgage, Chase, AmeriHome Mortgage Company, LLC, New American Funding, Navy Federal Credit Union, AmeriSave Mortgage, Planet Home Lending.
FHA lenders in Mississippi
7,279 FHA home-purchase loans were made in Mississippi in 2025 by 200 lenders. The typical FHA buyer here paid $8,748 in loan costs, including the 1.75% upfront mortgage insurance premium, at a median rate of 6.25%. The ten lenders that made the most:
| # | Lender | FHA purchases | Share | Loan costs | APR vs benchmark |
|---|---|---|---|---|---|
| 1 | Trustmark National Bank | 784 | 10.8% | $7,659 | +0.38 |
| 2 | Cadence Bank | 355 | 4.9% | $8,562 | +0.33 |
| 3 | Guild Mortgage | 287 | 3.9% | $10,237 | +0.67 |
| 4 | CMG Home Loans | 277 | 3.8% | $9,653 | +0.40 |
| 5 | DHI Mortgage | 273 | 3.8% | $7,093 | −1.17 |
| 6 | Cardinal Financial | 268 | 3.7% | $9,095 | +0.64 |
| 7 | Rocket Mortgage | 261 | 3.6% | $9,692 | +0.53 |
| 8 | Renasant Bank | 256 | 3.5% | $7,499 | +0.63 |
| 9 | American Mortgage Bank, LLC | 230 | 3.2% | $10,031 | +0.42 |
| 10 | Stockton Mortgage Corporation | 206 | 2.8% | $9,669 | +0.74 |
| All Mississippi FHA buyers | 7,279 | 100% | $8,748 | +0.46 |
Among them, DHI Mortgage had the lowest median loan costs ($7,093) and Guild Mortgage the highest ($10,237) — $3,144 apart on similar loans, which is why a second Loan Estimate is worth getting. Homebuilder-owned lenders can show far-below-market APRs because builders pay to buy down the rate on their own new homes.
Source: 2025 HMDA loan-level records (FFIEC/CFPB), first-lien FHA home purchases in Mississippi. Costs and APR vs benchmark are medians of each lender's 30-year fixed loans here; "—" = fewer than 30. How we measured this.
VA lenders in Mississippi
3,470 VA home-purchase loans were made in Mississippi in 2025 by 177 lenders. The typical VA buyer here paid $5,053 in loan costs (including the VA funding fee for borrowers who owe it) at a median rate of 6.25%. The ten lenders that made the most:
| # | Lender | VA purchases | Share | Loan costs | APR vs benchmark |
|---|---|---|---|---|---|
| 1 | Veterans United | 936 | 27.0% | $3,463 | −0.15 |
| 2 | DHI Mortgage | 222 | 6.4% | $4,951 | −1.63 |
| 3 | Navy Federal Credit Union | 183 | 5.3% | $4,147 | −0.58 |
| 4 | Trustmark National Bank | 162 | 4.7% | $4,455 | −0.38 |
| 5 | CMG Home Loans | 128 | 3.7% | $8,147 | −0.23 |
| 6 | USAA | 92 | 2.7% | $6,610 | −0.22 |
| 7 | Rocket Mortgage | 84 | 2.4% | $7,479 | −0.07 |
| 8 | United Wholesale Mortgage | 84 | 2.4% | $3,827 | −0.17 |
| 9 | Dsld Mortgage, LLC | 80 | 2.3% | $4,150 | −0.55 |
| 10 | Magnolia Bank, Incorporated | 75 | 2.2% | $7,986 | −0.15 |
| All Mississippi VA buyers | 3,470 | 100% | $5,053 | −0.25 |
Among them, Veterans United had the lowest median loan costs ($3,463) and CMG Home Loans the highest ($8,147) — $4,684 apart, though VA costs also depend on how many of a lender's borrowers are exempt from the funding fee.
Source: 2025 HMDA loan-level records (FFIEC/CFPB), first-lien VA home purchases in Mississippi. Costs and APR vs benchmark are medians of each lender's 30-year fixed loans here; "—" = fewer than 30. Data notes and limits.
How concentrated is the Mississippi market?
699 institutions reported Mississippi home-loan records for 2025 — the 20th-fewest of any state. The single most active lender accounts for 5.9% of all records and the top five for 24.4%, the 14th-most concentrated market of 51. With volume spread across many lenders, there is plenty of room to shop beyond the biggest names.
How to choose a lender in Mississippi
Mississippi borrowers took FHA loans 17.5% of the time and VA loans 10.8% (U.S. 13.2% and 8.2%). Every Mississippi county uses the $832,750 conforming limit, so loans above it are jumbo and priced separately.
Get Loan Estimates from three or more lenders in the same two-week window (one credit inquiry) and compare APRs. For down-payment help, ask whether they are approved for MHC's Smart and Easy8 assistance or Trusty10 and Home4All — only participating lenders can offer them (terms and sources).
Mississippi lender FAQ
Who is the biggest mortgage lender in Mississippi?
By 2025 federal HMDA data, Trustmark National Bank originated the most home loans in Mississippi — about 4,094, or 7.5% of the state's originations.
Which lender makes the most FHA loans in Mississippi?
Trustmark National Bank made the most FHA home-purchase loans in Mississippi in 2025 — 784, or 10.8% of the 7,279 FHA purchases made by 200 lenders. Cadence Bank (355) was second.
Which lender makes the most VA loans in Mississippi?
Veterans United made the most VA home-purchase loans in Mississippi in 2025 (936, 27.0% of the state's VA purchases). VA loans were 10.8% of Mississippi originations, the 16th-highest VA share among the states.
How much are closing costs on an FHA loan in Mississippi?
The typical Mississippi FHA buyer in 2025 paid $8,748 in total loan costs on a median $235,000 loan — lender fees, required third-party services and the 1.75% upfront mortgage insurance premium, per the Closing Disclosure.
That figure excludes recording taxes, prepaid interest and insurance, escrow deposits and the down payment.
Rankings are editorial and independent, built from public federal data — no lender pays to be listed. This is general information, not a recommendation or personalized advice. Confirm all terms directly with the lender.
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