Mississippi
Mortgage Loan Application
Totals and Details
in 2018

Find mortgage statistics and mortgage data for Mississippi.
Our lists allow you to explore the total number of mortgage applications and mortgage application details for 2003-2018 in all of Mississippi.
You can organize this information by metropolitan area and by county.

Years 2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 101,476
Total Mortgage Loan Application Amount $14,051,550,000
Average Mortgage Loan Application Amount $138,000
Highest Mortgage Loan Application Amount $42,505,000
Average Applicant Income $83,000
Highest Applicant Income $9,785,000

Mortgage stats and application averages for each year are shown below, as well as highest application amount and the income of the highest applicant.
If you are looking for a mortgage or loan application data statistics in Mississippi, these numbers will give you an idea of what to expect as you begin to look for a lender.

These lists can also 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 2018

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 54,868 $8,481,700,000 $154,000 $42,505,000 $78,000 $5,760,000
Refinancing 19,349 $2,696,625,000 $139,000 $30,335,000 $100,000 $9,785,000
Cash-out Refinancing 13,021 $1,897,275,000 $145,000 $11,125,000 $74,000 $7,000,000
Other Purpose 7,738 $503,210,000 $65,000 $6,575,000 $95,000 $4,224,000
Home Improvement 4,648 $286,300,000 $61,000 $5,065,000 $83,000 $4,197,000
Not Applicable 1,852 $186,440,000 $100,000 $2,555,000 $68,000 $177,000

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 60,027 $8,203,615,000 $136,000 $3,125,000 $91,000 $9,785,000
Black or African American 20,851 $2,188,675,000 $104,000 $7,755,000 $59,000 $4,250,000
Not applicable 11,032 $2,280,690,000 $206,000 $42,505,000 $91,000 $1,381,000
Not Provided 6,256 $918,150,000 $146,000 $2,635,000 $82,000 $1,719,000
Hispanic 1,694 $220,860,000 $130,000 $2,155,000 $75,000 $1,355,000
Asian 981 $158,105,000 $161,000 $975,000 $97,000 $1,174,000
American Indian or Alaskan Native 409 $46,565,000 $113,000 $445,000 $66,000 $703,000
Native Hawaiian or Other Pacific Islander 61 $9,375,000 $153,000 $445,000 $93,000 $1,170,000

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) 67,909 $8,835,055,000 $130,000 $42,505,000 $92,000 $9,785,000
FHA-insured (Federal Housing Administration) 18,501 $2,665,405,000 $144,000 $30,335,000 $58,000 $2,316,000
VA-guaranteed (Veterans Administration) 9,829 $1,871,045,000 $190,000 $1,005,000 $75,000 $1,296,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 5,237 $680,045,000 $129,000 $6,395,000 $49,000 $768,000

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 53,196 $7,799,120,000 $146,000 $42,505,000 $92,000 $9,785,000
Application Denied By Financial Institution 20,298 $2,009,060,000 $98,000 $13,005,000 $61,000 $4,224,000
Loan Purchased By The Institution 12,242 $2,025,950,000 $165,000 $1,215,000 $89,000 $1,440,000
Application Withdrawn By Applicant 8,533 $1,398,355,000 $163,000 $36,805,000 $85,000 $7,000,000
File Closed For Incompleteness 4,130 $440,640,000 $106,000 $1,845,000 $66,000 $3,599,000
Application Approved But Not Accepted 3,026 $371,110,000 $122,000 $1,945,000 $85,000 $2,163,000
Preapproval Approved but not Accepted 37 $5,155,000 $139,000 $245,000 $68,000 $180,000
Preapproval Denied by Financial Institution 14 $2,160,000 $154,000 $285,000 $65,000 $117,000

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
Not applicable 77,740 $11,657,580,000 $149,000 $42,505,000 $89,000 $9,785,000
Credit History 8,431 $645,065,000 $76,000 $7,755,000 $59,000 $4,224,000
Debt-To-Income Ratio 8,235 $909,965,000 $110,000 $8,105,000 $66,000 $5,760,000
Collateral 2,742 $293,450,000 $107,000 $915,000 $78,000 $1,278,000
Credit Application Incomplete 1,762 $229,020,000 $129,000 $805,000 $76,000 $1,680,000
Other 1,284 $179,060,000 $139,000 $13,005,000 $70,000 $906,000
Unverifiable Information 701 $70,205,000 $100,000 $2,555,000 $63,000 $644,000
Insufficient Cash (Downpayment, Closing Cost) 372 $42,170,000 $113,000 $655,000 $66,000 $372,000
Employment History 192 $22,830,000 $118,000 $535,000 $54,000 $345,000
Mortgage Insurance Denied 17 $2,205,000 $129,000 $225,000 $59,000 $113,000
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Mortgage Loan Application Totals in 2018 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 15,566 $ 2,283,130,000 $ 146,000 $ 85,000
HATTIESBURG, MS 5,937 $ 902,805,000 $ 152,000 $ 90,000
JACKSON, MS 21,907 $ 3,669,705,000 $ 167,000 $ 95,000
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Mortgage Loan Application Totals in 2018 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 658 $ 82,110,000 $ 124,000 $ 75,000
Alcorn 1,029 $ 104,675,000 $ 101,000 $ 74,000
Amite 356 $ 34,750,000 $ 97,000 $ 61,000
Attala 404 $ 34,160,000 $ 84,000 $ 61,000
Benton 271 $ 20,265,000 $ 74,000 $ 56,000
Bolivar 662 $ 78,430,000 $ 118,000 $ 81,000
Calhoun 366 $ 29,080,000 $ 79,000 $ 60,000
Carroll 202 $ 23,290,000 $ 115,000 $ 72,000
Chickasaw 410 $ 30,450,000 $ 74,000 $ 51,000
Choctaw 222 $ 18,910,000 $ 85,000 $ 65,000
Claiborne 180 $ 15,560,000 $ 86,000 $ 74,000
Clarke 370 $ 35,330,000 $ 95,000 $ 70,000
Clay 580 $ 60,080,000 $ 103,000 $ 89,000
Coahoma 326 $ 30,510,000 $ 93,000 $ 65,000
Copiah 690 $ 66,060,000 $ 95,000 $ 68,000
Covington 591 $ 54,255,000 $ 91,000 $ 62,000
DeSoto 10,764 $ 1,746,730,000 $ 162,000 $ 83,000
Forrest 2,734 $ 395,580,000 $ 144,000 $ 88,000
Franklin 167 $ 16,425,000 $ 98,000 $ 58,000
George 820 $ 98,860,000 $ 120,000 $ 72,000
Greene 297 $ 30,105,000 $ 101,000 $ 73,000
Grenada 671 $ 72,355,000 $ 107,000 $ 71,000
Hancock 2,051 $ 291,295,000 $ 142,000 $ 87,000
Harrison 7,825 $ 1,210,065,000 $ 154,000 $ 84,000
Hinds 6,815 $ 974,925,000 $ 143,000 $ 85,000
Holmes 228 $ 20,330,000 $ 89,000 $ 62,000
Humphreys 169 $ 10,985,000 $ 65,000 $ 61,000
Issaquena 22 $ 2,320,000 $ 105,000 $ 86,000
Itawamba 791 $ 80,395,000 $ 101,000 $ 76,000
Jackson 5,753 $ 835,335,000 $ 145,000 $ 85,000
Jasper 495 $ 39,925,000 $ 80,000 $ 65,000
Jefferson 150 $ 12,520,000 $ 83,000 $ 68,000
Jefferson Davis 311 $ 22,905,000 $ 73,000 $ 56,000
Jones 1,874 $ 194,260,000 $ 103,000 $ 75,000
Kemper 126 $ 10,110,000 $ 80,000 $ 59,000
Lafayette 2,204 $ 477,750,000 $ 216,000 $ 141,000
Lamar 2,923 $ 488,355,000 $ 167,000 $ 94,000
Lauderdale 1,664 $ 217,330,000 $ 130,000 $ 87,000
Lawrence 274 $ 23,040,000 $ 84,000 $ 68,000
Leake 450 $ 44,190,000 $ 98,000 $ 72,000
Lee 3,664 $ 472,760,000 $ 129,000 $ 89,000
Leflore 500 $ 50,380,000 $ 100,000 $ 78,000
Lincoln 959 $ 102,625,000 $ 107,000 $ 74,000
Lowndes 1,912 $ 260,810,000 $ 136,000 $ 84,000
Madison 5,619 $ 1,299,125,000 $ 231,000 $ 129,000
Marion 898 $ 77,360,000 $ 86,000 $ 65,000
Marshall 1,280 $ 131,460,000 $ 102,000 $ 69,000
Monroe 1,172 $ 104,670,000 $ 89,000 $ 68,000
Montgomery 194 $ 14,630,000 $ 75,000 $ 63,000
Neshoba 664 $ 62,670,000 $ 94,000 $ 73,000
Newton 595 $ 55,165,000 $ 92,000 $ 67,000
Noxubee 232 $ 17,020,000 $ 73,000 $ 62,000
Oktibbeha 1,481 $ 244,645,000 $ 165,000 $ 101,000
Panola 988 $ 102,250,000 $ 103,000 $ 65,000
Pearl River 2,145 $ 267,715,000 $ 124,000 $ 74,000
Perry 315 $ 27,215,000 $ 86,000 $ 58,000
Pike 1,193 $ 142,315,000 $ 119,000 $ 65,000
Pontotoc 886 $ 92,260,000 $ 104,000 $ 72,000
Prentiss 705 $ 56,745,000 $ 80,000 $ 56,000
Quitman 95 $ 6,195,000 $ 65,000 $ 61,000
Rankin 7,558 $ 1,248,850,000 $ 165,000 $ 84,000
Scott 702 $ 61,140,000 $ 87,000 $ 67,000
Sharkey 41 $ 3,095,000 $ 75,000 $ 65,000
Simpson 798 $ 84,330,000 $ 105,000 $ 81,000
Smith 502 $ 41,610,000 $ 82,000 $ 63,000
Stone 572 $ 69,510,000 $ 121,000 $ 63,000
Sunflower 598 $ 47,250,000 $ 79,000 $ 66,000
Tallahatchie 189 $ 12,415,000 $ 65,000 $ 58,000
Tate 1,176 $ 143,710,000 $ 122,000 $ 72,000
Tippah 387 $ 33,025,000 $ 85,000 $ 56,000
Tishomingo 594 $ 64,410,000 $ 108,000 $ 90,000
Tunica 183 $ 23,525,000 $ 128,000 $ 63,000
Union 715 $ 72,955,000 $ 102,000 $ 63,000
Walthall 426 $ 39,390,000 $ 92,000 $ 62,000
Warren 1,402 $ 186,180,000 $ 132,000 $ 77,000
Washington 1,067 $ 88,795,000 $ 83,000 $ 73,000
Wayne 381 $ 37,445,000 $ 98,000 $ 71,000
Webster 260 $ 26,880,000 $ 103,000 $ 64,000
Wilkinson 138 $ 15,570,000 $ 112,000 $ 69,000
Winston 522 $ 43,310,000 $ 82,000 $ 76,000
Yalobusha 353 $ 29,345,000 $ 83,000 $ 56,000
Yazoo 520 $ 56,790,000 $ 109,000 $ 72,000

We hope these mortgage application details and statistics 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 Mississippi.

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