Mississippi
Mortgage Loan Application
Totals and Details
in 2017

Find mortgage statistics for Mississippi.
Our lists allow you to explore the total number of mortgage applications and mortgage application details for 2003-2017 in all of Mississippi.
You can organize this information by metropolitan area and by county.

Years 2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 101,384
Total Mortgage Loan Application Amount $13,470,898,000
Average Mortgage Loan Application Amount $132,000
Highest Mortgage Loan Application Amount $27,718,000
Average Applicant Income $68,000
Highest Applicant Income $7,909,000

We provide overall totals and averages for each year, as well as highest application amount and the income of the highest applicant.
If you are looking for a mortgage or lending statistics in Mississippi, these numbers will give you an idea of what to expect as you begin to look for a lender.

These lists are also able to be organized by various details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.

Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, and the highest mortgage within that category. You can also look at information regarding the average income of the mortgage applicants and the highest income of the mortgage applicants. If you're looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

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Mortgage Loan Application Detail Totals for Mississippi in 2017

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 55,509 $7,990,700,000 $143,000 $22,957,000 $66,000 $7,909,000
Refinancing 35,207 $5,039,555,000 $143,000 $27,718,000 $72,000 $5,924,000
Home Improvement 10,668 $440,643,000 $41,000 $13,100,000 $64,000 $7,806,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 57,779 $7,923,134,000 $137,000 $3,501,000 $83,000 $7,909,000
Black or African American 22,769 $2,159,697,000 $94,000 $1,260,000 $53,000 $7,776,000
Not applicable 10,780 $2,049,937,000 $190,000 $27,718,000 $10,000 $3,350,000
Not Provided 6,759 $889,544,000 $131,000 $2,900,000 $73,000 $5,924,000
Hispanic 1,717 $203,446,000 $118,000 $667,000 $65,000 $1,800,000
Asian 1,044 $178,382,000 $170,000 $1,238,000 $99,000 $1,800,000
American Indian or Alaskan Native 423 $49,240,000 $116,000 $476,000 $77,000 $3,464,000
Native Hawaiin or Other Pacific Islander 113 $17,518,000 $155,000 $960,000 $73,000 $304,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 65,050 $8,053,569,000 $123,000 $22,720,000 $79,000 $7,909,000
FHA-insured (Federal Housing Administration) 20,051 $2,805,132,000 $139,000 $27,718,000 $47,000 $1,752,000
VA-guaranteed (Veterans Administration) 10,453 $1,861,864,000 $178,000 $919,000 $59,000 $1,848,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 5,830 $750,333,000 $128,000 $1,399,000 $32,000 $567,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 51,038 $7,302,004,000 $143,000 $27,718,000 $81,000 $7,909,000
Application Denied By Financial Institution 20,985 $1,901,101,000 $90,000 $12,300,000 $56,000 $7,776,000
Loan Purchased By The Institution 12,035 $1,984,676,000 $164,000 $22,957,000 $32,000 $1,670,000
Application Withdrawn By Applicant 8,006 $1,184,495,000 $147,000 $13,000,000 $72,000 $4,199,000
File Closed For Incompleteness 5,314 $562,244,000 $105,000 $6,120,000 $59,000 $1,416,000
Application Approved But Not Accepted 3,998 $535,183,000 $133,000 $6,550,000 $79,000 $1,856,000
Preapproval Denied by Financial Institution 7 $939,000 $134,000 $199,000 $51,000 $69,000
Preapproval Approved but not Accepted 1 $256,000 $256,000 $256,000 $52,000 $52,000

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit History 3,172 $234,521,000 $73,000 $2,900,000 $64,000 $7,776,000
Debt-To-Income Ratio 2,164 $246,264,000 $113,000 $2,325,000 $49,000 $960,000
Collateral 1,440 $195,810,000 $135,000 $12,300,000 $70,000 $805,000
Credit Application Incomplete 942 $125,702,000 $133,000 $744,000 $73,000 $567,000
Other 654 $73,547,000 $112,000 $1,500,000 $71,000 $2,882,000
Insufficient Cash (Downpayment, Closing Cost) 199 $25,594,000 $128,000 $975,000 $56,000 $235,000
Unverifiable Information 184 $23,285,000 $126,000 $685,000 $65,000 $684,000
Employment History 140 $16,353,000 $116,000 $385,000 $55,000 $384,000
Mortgage Insurance Denied 8 $3,158,000 $394,000 $2,400,000 $41,000 $72,000
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Mortgage Loan Application Totals in 2017 by Mississippi Metropolitan Area

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
GULFPORT-BILOXI-PASCAGOULA, MS 15,046 $ 2,151,068,000 $ 142,000 $ 70,000
HATTIESBURG, MS 5,556 $ 829,707,000 $ 149,000 $ 70,000
JACKSON, MS 22,378 $ 3,618,694,000 $ 161,000 $ 75,000
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Mortgage Loan Application Totals in 2017 by Mississippi County

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Adams 709 $ 98,852,000 $ 139,000 $ 65,000
Alcorn 847 $ 83,010,000 $ 98,000 $ 61,000
Amite 342 $ 30,987,000 $ 90,000 $ 54,000
Attala 442 $ 38,068,000 $ 86,000 $ 57,000
Benton 241 $ 18,628,000 $ 77,000 $ 52,000
Bolivar 717 $ 81,931,000 $ 114,000 $ 63,000
Calhoun 300 $ 21,823,000 $ 72,000 $ 48,000
Carroll 197 $ 20,544,000 $ 104,000 $ 60,000
Chickasaw 396 $ 27,146,000 $ 68,000 $ 45,000
Choctaw 171 $ 14,297,000 $ 83,000 $ 59,000
Claiborne 240 $ 12,871,000 $ 53,000 $ 46,000
Clarke 448 $ 38,543,000 $ 86,000 $ 61,000
Clay 503 $ 50,163,000 $ 99,000 $ 61,000
Coahoma 385 $ 36,979,000 $ 96,000 $ 58,000
Copiah 773 $ 66,006,000 $ 85,000 $ 54,000
Covington 604 $ 55,081,000 $ 91,000 $ 56,000
DeSoto 10,365 $ 1,735,006,000 $ 167,000 $ 67,000
Forrest 2,560 $ 359,725,000 $ 140,000 $ 66,000
Franklin 173 $ 15,301,000 $ 88,000 $ 55,000
George 943 $ 99,324,000 $ 105,000 $ 63,000
Greene 346 $ 30,638,000 $ 88,000 $ 62,000
Grenada 690 $ 65,447,000 $ 94,000 $ 64,000
Hancock 1,967 $ 272,773,000 $ 138,000 $ 75,000
Harrison 7,573 $ 1,104,501,000 $ 145,000 $ 71,000
Hinds 7,259 $ 950,178,000 $ 130,000 $ 66,000
Holmes 336 $ 16,273,000 $ 48,000 $ 55,000
Humphreys 192 $ 9,238,000 $ 48,000 $ 60,000
Issaquena 19 $ 1,400,000 $ 73,000 $ 44,000
Itawamba 685 $ 67,000,000 $ 97,000 $ 52,000
Jackson 5,546 $ 776,482,000 $ 140,000 $ 67,000
Jasper 447 $ 39,064,000 $ 87,000 $ 57,000
Jefferson 192 $ 12,013,000 $ 62,000 $ 53,000
Jefferson Davis 387 $ 22,641,000 $ 58,000 $ 44,000
Jones 1,941 $ 199,401,000 $ 102,000 $ 61,000
Kemper 132 $ 9,137,000 $ 69,000 $ 57,000
Lafayette 2,082 $ 475,504,000 $ 228,000 $ 124,000
Lamar 2,715 $ 447,944,000 $ 164,000 $ 76,000
Lauderdale 1,739 $ 213,570,000 $ 122,000 $ 68,000
Lawrence 334 $ 24,855,000 $ 74,000 $ 58,000
Leake 595 $ 51,578,000 $ 86,000 $ 64,000
Lee 3,216 $ 422,268,000 $ 131,000 $ 68,000
Leflore 498 $ 49,439,000 $ 99,000 $ 60,000
Lincoln 985 $ 103,762,000 $ 105,000 $ 79,000
Lowndes 1,928 $ 250,160,000 $ 129,000 $ 61,000
Madison 5,357 $ 1,246,163,000 $ 232,000 $ 105,000
Marion 919 $ 75,355,000 $ 81,000 $ 60,000
Marshall 1,306 $ 131,279,000 $ 100,000 $ 56,000
Monroe 1,033 $ 89,237,000 $ 86,000 $ 54,000
Montgomery 189 $ 13,744,000 $ 72,000 $ 54,000
Neshoba 592 $ 55,200,000 $ 93,000 $ 72,000
Newton 626 $ 50,999,000 $ 81,000 $ 59,000
Noxubee 243 $ 13,854,000 $ 57,000 $ 57,000
Oktibbeha 1,375 $ 231,893,000 $ 168,000 $ 91,000
Panola 1,040 $ 95,660,000 $ 91,000 $ 56,000
Pearl River 2,122 $ 252,809,000 $ 119,000 $ 59,000
Perry 343 $ 25,547,000 $ 74,000 $ 52,000
Pike 1,305 $ 135,001,000 $ 103,000 $ 53,000
Pontotoc 824 $ 78,980,000 $ 95,000 $ 52,000
Prentiss 663 $ 56,356,000 $ 85,000 $ 51,000
Quitman 92 $ 6,189,000 $ 67,000 $ 49,000
Rankin 7,527 $ 1,213,931,000 $ 161,000 $ 69,000
Scott 804 $ 59,793,000 $ 74,000 $ 55,000
Sharkey 42 $ 2,460,000 $ 58,000 $ 64,000
Simpson 789 $ 84,443,000 $ 107,000 $ 60,000
Smith 417 $ 36,137,000 $ 86,000 $ 61,000
Stone 613 $ 70,757,000 $ 115,000 $ 56,000
Sunflower 626 $ 40,987,000 $ 65,000 $ 59,000
Tallahatchie 223 $ 14,611,000 $ 65,000 $ 67,000
Tate 1,224 $ 136,856,000 $ 111,000 $ 62,000
Tippah 453 $ 38,442,000 $ 84,000 $ 46,000
Tishomingo 561 $ 56,622,000 $ 100,000 $ 72,000
Tunica 149 $ 14,448,000 $ 96,000 $ 59,000
Union 727 $ 76,068,000 $ 104,000 $ 54,000
Walthall 445 $ 37,320,000 $ 83,000 $ 58,000
Warren 1,522 $ 182,572,000 $ 119,000 $ 69,000
Washington 1,177 $ 81,960,000 $ 69,000 $ 54,000
Wayne 408 $ 39,209,000 $ 96,000 $ 60,000
Webster 253 $ 27,056,000 $ 106,000 $ 55,000
Wilkinson 215 $ 19,197,000 $ 89,000 $ 67,000
Winston 466 $ 37,682,000 $ 80,000 $ 61,000
Yalobusha 383 $ 30,143,000 $ 78,000 $ 51,000
Yazoo 781 $ 65,325,000 $ 83,000 $ 57,000

We hope these totals and details for mortgage applications will give you a better idea of what to expect when applying for a mortgage.
Whether you are looking for a home loan, for home financing or refinancing, or for home improvement loan statistics, we have the information you need.
These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender in MS.

If you prefer, you can download a copy of the entire list of mortgage lenders in Mississippi, and search similar information back through 2003.

Download the Mississippi Lender List