Mississippi
Mortgage Loan Application
Totals and Details
in 2019

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 2003-2019 in all of Mississippi.
You can organize this information by metropolitan area and by county.

Years 2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 110,806
Total Mortgage Loan Application Amount $16,556,615,000
Average Mortgage Loan Application Amount $149,000
Highest Mortgage Loan Application Amount $45,585,000
Average Applicant Income $86,000
Highest Applicant Income $8,500,000

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 2019

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 59,560 $9,335,310,000 $156,000 $45,585,000 $79,000 $5,300,000
Refinancing 22,998 $3,915,935,000 $170,000 $40,505,000 $104,000 $7,595,000
Cash-out Refinancing 13,520 $2,265,710,000 $167,000 $34,165,000 $81,000 $5,214,000
Other Purpose 8,194 $520,440,000 $63,000 $3,225,000 $101,000 $8,500,000
Home Improvement 5,025 $345,345,000 $68,000 $44,675,000 $86,000 $3,300,000
Not Applicable 1,509 $173,875,000 $115,000 $915,000 $79,000 $291,000

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 64,968 $9,524,670,000 $146,000 $3,005,000 $95,000 $8,500,000
Black or African American 22,958 $2,532,600,000 $110,000 $1,055,000 $60,000 $2,184,000
Not applicable 11,552 $2,725,695,000 $235,000 $45,585,000 $87,000 $1,200,000
Not Provided 7,675 $1,237,655,000 $161,000 $2,835,000 $85,000 $2,580,000
Hispanic 1,917 $262,035,000 $136,000 $735,000 $74,000 $1,856,000
Asian 1,011 $175,415,000 $173,000 $3,005,000 $105,000 $1,255,000
American Indian or Alaskan Native 430 $49,770,000 $115,000 $435,000 $71,000 $971,000
Native Hawaiian or Other Pacific Islander 66 $9,900,000 $150,000 $645,000 $83,000 $490,000

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) 73,309 $10,358,050,000 $141,000 $45,585,000 $95,000 $8,500,000
FHA-insured (Federal Housing Administration) 20,049 $2,981,435,000 $148,000 $6,425,000 $60,000 $1,939,000
VA-guaranteed (Veterans Administration) 12,250 $2,498,560,000 $203,000 $1,125,000 $77,000 $863,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 5,198 $718,570,000 $138,000 $3,225,000 $50,000 $260,000

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 57,557 $9,385,590,000 $163,000 $45,585,000 $95,000 $7,595,000
Application Denied By Financial Institution 21,012 $2,110,190,000 $100,000 $23,835,000 $64,000 $8,500,000
Loan Purchased By The Institution 13,058 $2,287,890,000 $175,000 $4,255,000 $98,000 $4,120,000
Application Withdrawn By Applicant 10,327 $1,705,305,000 $165,000 $18,525,000 $87,000 $4,900,000
File Closed For Incompleteness 5,211 $602,765,000 $115,000 $2,215,000 $67,000 $2,028,000
Application Approved But Not Accepted 3,610 $460,850,000 $127,000 $6,605,000 $85,000 $1,486,000
Preapproval Denied by Financial Institution 16 $1,790,000 $111,000 $285,000 $49,000 $128,000
Preapproval Approved but not Accepted 15 $2,235,000 $149,000 $265,000 $69,000 $159,000

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 84,986 $13,740,995,000 $161,000 $45,585,000 $92,000 $7,595,000
Debt-To-Income Ratio 9,981 $1,286,575,000 $128,000 $36,005,000 $68,000 $4,200,000
Credit History 9,092 $696,240,000 $76,000 $1,125,000 $62,000 $8,500,000
Collateral 2,527 $282,125,000 $111,000 $1,995,000 $83,000 $1,764,000
Credit Application Incomplete 1,449 $206,185,000 $142,000 $1,395,000 $80,000 $1,185,000
Other 1,436 $193,120,000 $134,000 $23,835,000 $75,000 $1,544,000
Unverifiable Information 664 $62,720,000 $94,000 $1,325,000 $79,000 $1,200,000
Insufficient Cash (Downpayment, Closing Cost) 424 $55,510,000 $130,000 $965,000 $70,000 $531,000
Employment History 241 $32,865,000 $136,000 $625,000 $52,000 $275,000
Mortgage Insurance Denied 6 $280,000 $46,000 $95,000 $36,000 $56,000
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Mortgage Loan Application Totals in 2019 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 18,135 $ 2,928,485,000 $ 161,000 $ 89,000
HATTIESBURG, MS 7,130 $ 1,094,830,000 $ 153,000 $ 88,000
JACKSON, MS 24,969 $ 4,480,675,000 $ 179,000 $ 100,000
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Mortgage Loan Application Totals in 2019 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 637 $ 78,985,000 $ 123,000 $ 77,000
Alcorn 1,029 $ 113,465,000 $ 110,000 $ 72,000
Amite 339 $ 34,225,000 $ 100,000 $ 74,000
Attala 452 $ 42,370,000 $ 93,000 $ 64,000
Benton 253 $ 22,285,000 $ 88,000 $ 55,000
Bolivar 659 $ 76,265,000 $ 115,000 $ 81,000
Calhoun 343 $ 29,305,000 $ 85,000 $ 55,000
Carroll 228 $ 26,140,000 $ 114,000 $ 77,000
Chickasaw 413 $ 30,855,000 $ 74,000 $ 52,000
Choctaw 209 $ 18,775,000 $ 89,000 $ 69,000
Claiborne 165 $ 12,125,000 $ 73,000 $ 64,000
Clarke 391 $ 40,825,000 $ 104,000 $ 73,000
Clay 554 $ 56,090,000 $ 101,000 $ 79,000
Coahoma 339 $ 31,775,000 $ 93,000 $ 73,000
Copiah 770 $ 78,880,000 $ 102,000 $ 74,000
Covington 708 $ 70,290,000 $ 99,000 $ 64,000
DeSoto 11,959 $ 2,155,645,000 $ 180,000 $ 85,000
Forrest 2,954 $ 436,055,000 $ 147,000 $ 86,000
Franklin 185 $ 21,115,000 $ 114,000 $ 69,000
George 971 $ 122,655,000 $ 126,000 $ 74,000
Greene 357 $ 37,565,000 $ 105,000 $ 74,000
Grenada 712 $ 80,400,000 $ 112,000 $ 74,000
Hancock 2,336 $ 364,640,000 $ 156,000 $ 99,000
Harrison 8,970 $ 1,493,210,000 $ 166,000 $ 88,000
Hinds 7,685 $ 1,256,365,000 $ 163,000 $ 88,000
Holmes 303 $ 23,575,000 $ 77,000 $ 58,000
Humphreys 151 $ 11,035,000 $ 73,000 $ 80,000
Issaquena 11 $ 1,745,000 $ 158,000 $ 267,000
Itawamba 800 $ 79,760,000 $ 99,000 $ 62,000
Jackson 6,250 $ 999,790,000 $ 159,000 $ 88,000
Jasper 542 $ 50,300,000 $ 92,000 $ 64,000
Jefferson 123 $ 9,825,000 $ 79,000 $ 63,000
Jefferson Davis 333 $ 27,275,000 $ 81,000 $ 60,000
Jones 2,189 $ 232,785,000 $ 106,000 $ 77,000
Kemper 159 $ 12,805,000 $ 80,000 $ 60,000
Lafayette 2,552 $ 569,730,000 $ 223,000 $ 143,000
Lamar 3,121 $ 564,055,000 $ 180,000 $ 98,000
Lauderdale 1,713 $ 227,615,000 $ 132,000 $ 84,000
Lawrence 324 $ 28,590,000 $ 88,000 $ 66,000
Leake 512 $ 47,790,000 $ 93,000 $ 64,000
Lee 3,869 $ 511,665,000 $ 132,000 $ 89,000
Leflore 408 $ 41,520,000 $ 101,000 $ 76,000
Lincoln 1,044 $ 127,580,000 $ 122,000 $ 80,000
Lowndes 2,089 $ 293,405,000 $ 140,000 $ 80,000
Madison 6,372 $ 1,547,270,000 $ 242,000 $ 134,000
Marion 1,003 $ 88,565,000 $ 88,000 $ 70,000
Marshall 1,363 $ 153,935,000 $ 112,000 $ 70,000
Monroe 1,179 $ 105,085,000 $ 89,000 $ 67,000
Montgomery 179 $ 16,425,000 $ 91,000 $ 67,000
Neshoba 673 $ 65,585,000 $ 97,000 $ 82,000
Newton 562 $ 50,680,000 $ 90,000 $ 67,000
Noxubee 217 $ 17,465,000 $ 80,000 $ 53,000
Oktibbeha 1,567 $ 345,785,000 $ 220,000 $ 116,000
Panola 1,012 $ 103,840,000 $ 102,000 $ 70,000
Pearl River 2,409 $ 316,875,000 $ 131,000 $ 72,000
Perry 417 $ 38,245,000 $ 91,000 $ 66,000
Pike 1,093 $ 130,305,000 $ 119,000 $ 67,000
Pontotoc 1,013 $ 107,105,000 $ 105,000 $ 62,000
Prentiss 719 $ 62,665,000 $ 87,000 $ 61,000
Quitman 94 $ 6,990,000 $ 74,000 $ 63,000
Rankin 8,564 $ 1,476,300,000 $ 172,000 $ 92,000
Scott 741 $ 66,055,000 $ 89,000 $ 65,000
Sharkey 25 $ 1,795,000 $ 71,000 $ 45,000
Simpson 797 $ 88,915,000 $ 111,000 $ 73,000
Smith 560 $ 54,850,000 $ 97,000 $ 69,000
Stone 645 $ 79,755,000 $ 123,000 $ 69,000
Sunflower 515 $ 48,755,000 $ 94,000 $ 74,000
Tallahatchie 226 $ 19,360,000 $ 85,000 $ 98,000
Tate 1,314 $ 174,190,000 $ 132,000 $ 79,000
Tippah 425 $ 39,035,000 $ 91,000 $ 67,000
Tishomingo 686 $ 73,980,000 $ 107,000 $ 84,000
Tunica 164 $ 37,550,000 $ 228,000 $ 62,000
Union 854 $ 99,300,000 $ 116,000 $ 67,000
Walthall 495 $ 41,345,000 $ 83,000 $ 66,000
Warren 1,368 $ 187,840,000 $ 137,000 $ 81,000
Washington 1,034 $ 87,720,000 $ 84,000 $ 67,000
Wayne 474 $ 48,790,000 $ 102,000 $ 74,000
Webster 278 $ 30,690,000 $ 110,000 $ 65,000
Wilkinson 149 $ 16,045,000 $ 107,000 $ 67,000
Winston 524 $ 41,950,000 $ 80,000 $ 71,000
Yalobusha 417 $ 38,485,000 $ 92,000 $ 63,000
Yazoo 568 $ 55,940,000 $ 98,000 $ 73,000

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