Mississippi
Mortgage Loan Application
Totals and Details
in 2021

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 2003-2022 in all of Mississippi.
You can organize this information by metropolitan area and by county.

Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 156,337
Total Mortgage Loan Application Amount $27,844,395,000
Average Mortgage Loan Application Amount $178,000
Highest Mortgage Loan Application Amount $38,175,000
Average Applicant Income $91,000
Highest Applicant Income $9,938,000

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.

Download the Mississippi Lender List

Mortgage Loan Application Detail Totals for Mississippi in 2021

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 73,979 $13,912,525,000 $188,000 $38,175,000 $83,000 $8,870,000
Refinancing 48,933 $9,106,765,000 $186,000 $33,535,000 $102,000 $9,938,000
Cash-out Refinancing 21,709 $3,899,985,000 $179,000 $12,505,000 $89,000 $3,443,000
Other Purpose 6,679 $549,655,000 $82,000 $2,705,000 $110,000 $9,300,000
Home Improvement 4,028 $277,980,000 $69,000 $2,705,000 $100,000 $5,004,000
Not Applicable 1,009 $97,485,000 $96,000 $465,000 $32,000 $98,000

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 88,214 $15,460,650,000 $175,000 $8,675,000 $100,000 $9,614,000
Black or African American 32,926 $4,598,630,000 $139,000 $3,105,000 $65,000 $8,760,000
Not Provided 14,854 $2,719,510,000 $183,000 $2,625,000 $93,000 $9,938,000
Not applicable 14,613 $4,023,575,000 $275,000 $38,175,000 $113,000 $821,000
Hispanic 2,812 $479,740,000 $170,000 $1,625,000 $85,000 $2,189,000
Asian 1,698 $354,300,000 $208,000 $2,155,000 $114,000 $9,938,000
American Indian or Alaskan Native 699 $109,265,000 $156,000 $865,000 $76,000 $1,228,000
Native Hawaiian or Other Pacific Islander 110 $18,670,000 $169,000 $635,000 $98,000 $1,800,000

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) 108,035 $18,611,265,000 $172,000 $38,175,000 $100,000 $9,938,000
FHA-insured (Federal Housing Administration) 23,729 $4,125,305,000 $173,000 $21,475,000 $60,000 $795,000
VA-guaranteed (Veterans Administration) 18,498 $4,112,410,000 $222,000 $1,355,000 $78,000 $2,861,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 6,075 $995,415,000 $163,000 $1,935,000 $51,000 $690,000

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 83,287 $16,105,175,000 $193,000 $38,175,000 $99,000 $9,938,000
Application Denied By Financial Institution 25,812 $3,316,790,000 $128,000 $14,065,000 $67,000 $9,938,000
Application Withdrawn By Applicant 17,113 $3,151,265,000 $184,000 $11,505,000 $96,000 $9,300,000
Loan Purchased By The Institution 14,802 $3,068,650,000 $207,000 $1,355,000 $110,000 $1,951,000
File Closed For Incompleteness 10,074 $1,389,790,000 $137,000 $1,475,000 $76,000 $7,200,000
Application Approved But Not Accepted 4,990 $764,990,000 $153,000 $3,125,000 $90,000 $3,250,000
Preapproval Approved but not Accepted 199 $39,175,000 $196,000 $545,000 $84,000 $483,000
Preapproval Denied by Financial Institution 60 $8,560,000 $142,000 $285,000 $54,000 $158,000

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 127,035 $23,999,715,000 $188,000 $38,175,000 $96,000 $9,938,000
Credit History 10,482 $1,094,810,000 $104,000 $3,165,000 $65,000 $5,004,000
Debt-To-Income Ratio 9,694 $1,380,730,000 $142,000 $5,615,000 $67,000 $3,643,000
Credit Application Incomplete 2,800 $447,800,000 $159,000 $8,675,000 $81,000 $1,800,000
Collateral 2,466 $341,730,000 $138,000 $1,305,000 $88,000 $1,531,000
Other 2,015 $319,935,000 $158,000 $14,065,000 $92,000 $9,938,000
Unverifiable Information 998 $131,090,000 $131,000 $675,000 $82,000 $5,052,000
Insufficient Cash (Downpayment, Closing Cost) 489 $70,855,000 $144,000 $755,000 $71,000 $390,000
Employment History 349 $55,685,000 $159,000 $805,000 $59,000 $517,000
Mortgage Insurance Denied 9 $2,045,000 $227,000 $545,000 $73,000 $142,000
Download the Mississippi Lender List

Mortgage Loan Application Totals in 2021 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 26,998 $ 5,152,140,000 $ 190,000 $ 95,000
HATTIESBURG, MS 9,649 $ 1,785,315,000 $ 185,000 $ 94,000
JACKSON, MS 35,321 $ 7,280,455,000 $ 206,000 $ 104,000
Download the Mississippi Lender List

Mortgage Loan Application Totals in 2021 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 1,161 $ 175,635,000 $ 151,000 $ 86,000
Alcorn 1,314 $ 183,380,000 $ 139,000 $ 81,000
Amite 491 $ 63,495,000 $ 129,000 $ 77,000
Attala 479 $ 55,245,000 $ 115,000 $ 75,000
Benton 307 $ 35,445,000 $ 115,000 $ 68,000
Bolivar 946 $ 136,330,000 $ 144,000 $ 81,000
Calhoun 414 $ 42,480,000 $ 102,000 $ 60,000
Carroll 293 $ 39,555,000 $ 135,000 $ 82,000
Chickasaw 534 $ 55,620,000 $ 104,000 $ 61,000
Choctaw 289 $ 33,265,000 $ 115,000 $ 65,000
Claiborne 218 $ 22,290,000 $ 102,000 $ 65,000
Clarke 537 $ 65,365,000 $ 121,000 $ 70,000
Clay 790 $ 95,250,000 $ 120,000 $ 77,000
Coahoma 500 $ 58,400,000 $ 116,000 $ 73,000
Copiah 933 $ 105,245,000 $ 112,000 $ 69,000
Covington 859 $ 101,855,000 $ 118,000 $ 70,000
DeSoto 18,432 $ 3,929,370,000 $ 213,000 $ 93,000
Forrest 3,829 $ 670,735,000 $ 175,000 $ 87,000
Franklin 237 $ 27,245,000 $ 114,000 $ 73,000
George 1,244 $ 182,750,000 $ 146,000 $ 76,000
Greene 459 $ 55,605,000 $ 121,000 $ 75,000
Grenada 893 $ 124,485,000 $ 139,000 $ 80,000
Hancock 3,314 $ 613,230,000 $ 185,000 $ 103,000
Harrison 13,646 $ 2,762,850,000 $ 202,000 $ 94,000
Hinds 10,200 $ 1,803,960,000 $ 176,000 $ 97,000
Holmes 335 $ 28,665,000 $ 85,000 $ 60,000
Humphreys 204 $ 21,060,000 $ 103,000 $ 79,000
Issaquena 22 $ 2,410,000 $ 109,000 $ 73,000
Itawamba 1,027 $ 134,045,000 $ 130,000 $ 69,000
Jackson 9,230 $ 1,668,040,000 $ 180,000 $ 95,000
Jasper 637 $ 69,675,000 $ 109,000 $ 67,000
Jefferson 209 $ 21,225,000 $ 101,000 $ 57,000
Jefferson Davis 533 $ 50,735,000 $ 95,000 $ 58,000
Jones 2,834 $ 404,690,000 $ 142,000 $ 81,000
Kemper 187 $ 18,365,000 $ 98,000 $ 72,000
Lafayette 3,693 $ 913,335,000 $ 247,000 $ 149,000
Lamar 4,519 $ 959,615,000 $ 212,000 $ 108,000
Lauderdale 2,635 $ 442,205,000 $ 167,000 $ 87,000
Lawrence 454 $ 52,110,000 $ 114,000 $ 72,000
Leake 695 $ 85,265,000 $ 122,000 $ 70,000
Lee 5,009 $ 837,345,000 $ 167,000 $ 91,000
Leflore 597 $ 89,995,000 $ 150,000 $ 83,000
Lincoln 1,466 $ 209,040,000 $ 142,000 $ 81,000
Lowndes 2,863 $ 482,485,000 $ 168,000 $ 81,000
Madison 9,435 $ 2,570,065,000 $ 272,000 $ 137,000
Marion 1,082 $ 129,500,000 $ 119,000 $ 76,000
Marshall 2,015 $ 302,385,000 $ 150,000 $ 77,000
Monroe 1,543 $ 188,055,000 $ 121,000 $ 70,000
Montgomery 301 $ 31,165,000 $ 103,000 $ 63,000
Neshoba 735 $ 83,995,000 $ 114,000 $ 76,000
Newton 726 $ 80,590,000 $ 111,000 $ 75,000
Noxubee 341 $ 30,005,000 $ 87,000 $ 61,000
Oktibbeha 2,368 $ 491,760,000 $ 207,000 $ 118,000
Panola 1,544 $ 197,590,000 $ 127,000 $ 69,000
Pearl River 3,435 $ 540,165,000 $ 157,000 $ 75,000
Perry 442 $ 53,110,000 $ 120,000 $ 70,000
Pike 1,866 $ 247,080,000 $ 132,000 $ 68,000
Pontotoc 1,408 $ 195,420,000 $ 138,000 $ 71,000
Prentiss 919 $ 106,875,000 $ 116,000 $ 66,000
Quitman 115 $ 9,535,000 $ 82,000 $ 49,000
Rankin 12,503 $ 2,525,935,000 $ 202,000 $ 94,000
Scott 971 $ 109,905,000 $ 113,000 $ 76,000
Sharkey 78 $ 7,610,000 $ 97,000 $ 62,000
Simpson 1,186 $ 151,880,000 $ 128,000 $ 69,000
Smith 683 $ 76,065,000 $ 111,000 $ 68,000
Stone 808 $ 108,020,000 $ 133,000 $ 66,000
Sunflower 682 $ 76,770,000 $ 112,000 $ 82,000
Tallahatchie 306 $ 26,520,000 $ 86,000 $ 54,000
Tate 1,815 $ 284,465,000 $ 156,000 $ 79,000
Tippah 660 $ 74,930,000 $ 113,000 $ 62,000
Tishomingo 804 $ 117,000,000 $ 145,000 $ 96,000
Tunica 245 $ 30,965,000 $ 126,000 $ 71,000
Union 1,134 $ 180,420,000 $ 159,000 $ 75,000
Walthall 583 $ 67,885,000 $ 116,000 $ 69,000
Warren 1,877 $ 299,225,000 $ 159,000 $ 86,000
Washington 1,235 $ 154,565,000 $ 125,000 $ 78,000
Wayne 706 $ 81,740,000 $ 115,000 $ 69,000
Webster 336 $ 45,780,000 $ 136,000 $ 77,000
Wilkinson 287 $ 35,275,000 $ 122,000 $ 89,000
Winston 554 $ 59,540,000 $ 107,000 $ 76,000
Yalobusha 412 $ 48,510,000 $ 117,000 $ 67,000
Yazoo 729 $ 94,705,000 $ 129,000 $ 74,000

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