Mississippi
Mortgage Loan Application
Totals and Details
in 2022

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 122,087
Total Mortgage Loan Application Amount $22,578,055,000
Average Mortgage Loan Application Amount $184,000
Highest Mortgage Loan Application Amount $52,505,000
Average Applicant Income $95,000
Highest Applicant Income $9,823,000

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 2022

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 68,856 $14,168,810,000 $205,000 $50,005,000 $92,000 $9,699,000
Cash-out Refinancing 19,835 $3,550,425,000 $178,000 $16,755,000 $84,000 $9,823,000
Refinancing 18,376 $3,640,480,000 $198,000 $52,505,000 $113,000 $8,659,000
Other Purpose 8,819 $720,805,000 $81,000 $1,605,000 $114,000 $4,660,000
Home Improvement 5,587 $429,705,000 $76,000 $10,625,000 $101,000 $3,812,000
Not Applicable 614 $67,830,000 $110,000 $8,555,000 $61,000 $203,000

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 64,896 $11,409,540,000 $175,000 $5,005,000 $105,000 $9,823,000
Black or African American 29,314 $4,277,710,000 $145,000 $1,785,000 $72,000 $7,920,000
Not applicable 11,830 $3,889,160,000 $328,000 $52,505,000 $121,000 $696,000
Not Provided 11,198 $2,098,320,000 $187,000 $2,645,000 $96,000 $9,699,000
Hispanic 2,511 $433,485,000 $172,000 $2,155,000 $94,000 $2,400,000
Asian 1,319 $294,835,000 $223,000 $2,005,000 $130,000 $5,760,000
American Indian or Alaskan Native 598 $99,070,000 $165,000 $745,000 $85,000 $1,176,000
Native Hawaiian or Other Pacific Islander 123 $19,515,000 $158,000 $655,000 $85,000 $876,000

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) 85,260 $14,941,440,000 $175,000 $52,505,000 $104,000 $9,823,000
FHA-insured (Federal Housing Administration) 20,508 $3,862,320,000 $188,000 $19,055,000 $69,000 $2,400,000
VA-guaranteed (Veterans Administration) 12,670 $3,173,400,000 $250,000 $1,225,000 $88,000 $6,547,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3,649 $600,895,000 $164,000 $455,000 $58,000 $348,000

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 59,428 $12,149,680,000 $204,000 $52,505,000 $107,000 $9,823,000
Application Denied By Financial Institution 25,507 $3,398,865,000 $133,000 $33,305,000 $71,000 $6,990,000
Application Withdrawn By Applicant 14,830 $2,947,810,000 $198,000 $22,425,000 $97,000 $6,547,000
Loan Purchased By The Institution 9,949 $2,220,355,000 $223,000 $3,865,000 $112,000 $3,301,000
File Closed For Incompleteness 7,921 $1,096,415,000 $138,000 $1,505,000 $81,000 $7,251,000
Application Approved But Not Accepted 4,279 $730,045,000 $170,000 $13,475,000 $97,000 $7,920,000
Preapproval Approved but not Accepted 158 $31,860,000 $201,000 $615,000 $88,000 $333,000
Preapproval Denied by Financial Institution 15 $3,025,000 $201,000 $335,000 $68,000 $144,000

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 93,101 $18,581,425,000 $199,000 $52,505,000 $102,000 $9,823,000
Credit History 11,161 $1,225,235,000 $109,000 $1,605,000 $73,000 $6,990,000
Debt-To-Income Ratio 9,739 $1,463,315,000 $150,000 $18,605,000 $73,000 $4,422,000
Collateral 2,443 $398,635,000 $163,000 $17,895,000 $90,000 $6,336,000
Credit Application Incomplete 2,253 $355,855,000 $157,000 $1,395,000 $84,000 $1,991,000
Other 1,615 $284,965,000 $176,000 $33,305,000 $85,000 $1,804,000
Unverifiable Information 1,002 $139,890,000 $139,000 $1,325,000 $83,000 $4,660,000
Insufficient Cash (Downpayment, Closing Cost) 466 $81,770,000 $175,000 $1,715,000 $74,000 $750,000
Employment History 302 $46,280,000 $153,000 $485,000 $64,000 $617,000
Mortgage Insurance Denied 5 $685,000 $137,000 $335,000 $76,000 $136,000
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Mortgage Loan Application Totals in 2022 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 21,964 $ 4,344,520,000 $ 197,000 $ 99,000
HATTIESBURG, MS 7,600 $ 1,434,900,000 $ 188,000 $ 99,000
JACKSON, MS 25,369 $ 5,350,475,000 $ 210,000 $ 107,000
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Mortgage Loan Application Totals in 2022 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 817 $ 120,625,000 $ 147,000 $ 78,000
Alcorn 1,066 $ 144,410,000 $ 135,000 $ 76,000
Amite 377 $ 52,035,000 $ 138,000 $ 97,000
Attala 502 $ 58,530,000 $ 116,000 $ 69,000
Benton 306 $ 40,590,000 $ 132,000 $ 82,000
Bolivar 684 $ 93,790,000 $ 137,000 $ 78,000
Calhoun 317 $ 35,915,000 $ 113,000 $ 70,000
Carroll 227 $ 30,635,000 $ 134,000 $ 82,000
Chickasaw 474 $ 56,260,000 $ 118,000 $ 63,000
Choctaw 229 $ 28,375,000 $ 123,000 $ 79,000
Claiborne 193 $ 21,095,000 $ 109,000 $ 68,000
Clarke 460 $ 55,270,000 $ 120,000 $ 88,000
Clay 677 $ 85,815,000 $ 126,000 $ 82,000
Coahoma 409 $ 44,305,000 $ 108,000 $ 69,000
Copiah 769 $ 96,805,000 $ 125,000 $ 71,000
Covington 749 $ 91,585,000 $ 122,000 $ 68,000
DeSoto 13,144 $ 3,236,360,000 $ 246,000 $ 105,000
Forrest 3,065 $ 532,275,000 $ 173,000 $ 95,000
Franklin 177 $ 23,055,000 $ 130,000 $ 76,000
George 1,234 $ 193,770,000 $ 157,000 $ 85,000
Greene 416 $ 51,390,000 $ 123,000 $ 73,000
Grenada 743 $ 106,875,000 $ 143,000 $ 80,000
Hancock 2,863 $ 543,635,000 $ 189,000 $ 105,000
Harrison 11,098 $ 2,290,360,000 $ 206,000 $ 102,000
Hinds 7,942 $ 1,532,000,000 $ 192,000 $ 94,000
Holmes 326 $ 36,180,000 $ 110,000 $ 65,000
Humphreys 166 $ 15,540,000 $ 93,000 $ 75,000
Issaquena 7 $ 755,000 $ 107,000 $ 88,000
Itawamba 807 $ 113,605,000 $ 140,000 $ 85,000
Jackson 7,291 $ 1,404,095,000 $ 192,000 $ 95,000
Jasper 584 $ 67,410,000 $ 115,000 $ 75,000
Jefferson 182 $ 21,540,000 $ 118,000 $ 59,000
Jefferson Davis 508 $ 51,880,000 $ 102,000 $ 71,000
Jones 2,608 $ 356,890,000 $ 136,000 $ 89,000
Kemper 186 $ 22,130,000 $ 118,000 $ 85,000
Lafayette 2,477 $ 701,685,000 $ 283,000 $ 172,000
Lamar 3,306 $ 750,300,000 $ 226,000 $ 113,000
Lauderdale 2,157 $ 395,995,000 $ 183,000 $ 90,000
Lawrence 384 $ 43,940,000 $ 114,000 $ 75,000
Leake 526 $ 66,510,000 $ 126,000 $ 80,000
Lee 3,787 $ 682,095,000 $ 180,000 $ 99,000
Leflore 464 $ 57,280,000 $ 123,000 $ 79,000
Lincoln 1,188 $ 164,560,000 $ 138,000 $ 83,000
Lowndes 2,240 $ 382,610,000 $ 170,000 $ 87,000
Madison 6,110 $ 1,675,510,000 $ 274,000 $ 147,000
Marion 915 $ 107,655,000 $ 117,000 $ 77,000
Marshall 1,879 $ 325,705,000 $ 173,000 $ 91,000
Monroe 1,324 $ 173,730,000 $ 131,000 $ 76,000
Montgomery 275 $ 32,945,000 $ 119,000 $ 79,000
Neshoba 657 $ 77,545,000 $ 118,000 $ 82,000
Newton 657 $ 72,295,000 $ 110,000 $ 76,000
Noxubee 274 $ 30,210,000 $ 110,000 $ 78,000
Oktibbeha 1,691 $ 347,385,000 $ 205,000 $ 116,000
Panola 1,324 $ 183,730,000 $ 138,000 $ 78,000
Pearl River 2,642 $ 454,530,000 $ 172,000 $ 83,000
Perry 480 $ 60,740,000 $ 126,000 $ 76,000
Pike 1,481 $ 197,005,000 $ 133,000 $ 74,000
Pontotoc 1,078 $ 154,660,000 $ 143,000 $ 73,000
Prentiss 860 $ 106,250,000 $ 123,000 $ 69,000
Quitman 79 $ 6,325,000 $ 80,000 $ 54,000
Rankin 8,483 $ 1,781,395,000 $ 209,000 $ 99,000
Scott 803 $ 94,865,000 $ 118,000 $ 76,000
Sharkey 61 $ 11,135,000 $ 182,000 $ 63,000
Simpson 1,131 $ 152,935,000 $ 135,000 $ 78,000
Smith 578 $ 71,090,000 $ 122,000 $ 75,000
Stone 712 $ 106,430,000 $ 149,000 $ 77,000
Sunflower 559 $ 53,815,000 $ 96,000 $ 73,000
Tallahatchie 305 $ 32,155,000 $ 105,000 $ 61,000
Tate 1,261 $ 219,285,000 $ 173,000 $ 81,000
Tippah 548 $ 65,230,000 $ 119,000 $ 63,000
Tishomingo 701 $ 96,535,000 $ 137,000 $ 99,000
Tunica 218 $ 80,640,000 $ 369,000 $ 63,000
Union 956 $ 150,460,000 $ 157,000 $ 79,000
Walthall 571 $ 67,195,000 $ 117,000 $ 73,000
Warren 1,548 $ 244,010,000 $ 157,000 $ 90,000
Washington 1,064 $ 110,790,000 $ 104,000 $ 76,000
Wayne 610 $ 78,660,000 $ 128,000 $ 74,000
Webster 354 $ 44,620,000 $ 126,000 $ 73,000
Wilkinson 215 $ 28,855,000 $ 134,000 $ 92,000
Winston 574 $ 60,930,000 $ 106,000 $ 76,000
Yalobusha 369 $ 44,395,000 $ 120,000 $ 66,000
Yazoo 608 $ 75,650,000 $ 124,000 $ 86,000

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