Bancorpsouth Mortgage Rates, Fees & Info
Tupelo, MSLEI: Q7C315HKI8VX0SSKBS64
Tax ID: 64-0117230
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Mortgage Data
Review & Overview
Bancorpsouth is a mid-sized mortgage company specializing in Home Purchase loans. Bancorpsouth has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Houston, Dallas, Jackson, Memphis, and Nashville among others. We have data for 230 markets. (Some data included below & more in-depth data is available with an active subscription.)Bancorpsouth has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Bancorpsouth is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.27% | 12/17/24 |
| 30 Year Conventional Purchase | 6.62% | 12/17/24 |
| 30 Year Conventional Refi | 6.67% | 12/17/24 |
| 30 Year Cash-out Refi | 6.90% | 12/17/24 |
| 30 Year FHA Purchase | 7.27% | 12/17/24 |
| 30 Year FHA Refi | 7.32% | 12/17/24 |
| 30 Year VA Purchase | 6.37% | 12/17/24 |
| 30 Year VA Refi | 6.07% | 12/17/24 |
| 30 Year USDA Purchase | 6.77% | 12/17/24 |
| 30 Year USDA Refi | 7.14% | 12/17/24 |
| 15 Year Conventional Purchase | 6.14% | 12/17/24 |
| 15 Year Conventional Refi | 6.37% | 12/17/24 |
| 15 Year Cash-out Refi | 6.37% | 12/17/24 |
| 15 Year FHA Purchase | 5.68% | 12/17/24 |
| 15 Year FHA Refi | 7.70% | 12/17/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Bancorpsouth Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Bancorpsouth. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
12,015Origination Dollar Volume (All Markets)
$3,256,905,000Awards
BancorpSouth - 2023
BancorpSouth is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Relative Rate
Bancorpsouth's average 30 year fixed mortgage rate was
6.41%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of -0.07%.
Relative Fees (Closing Costs)
Bancorpsouth's average total fees/closing costs for a 30 year fixed rate
mortgage were $7,064.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $9,089.
Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1,024 | $570,830,000 | $557,451 | $9,810 | 6.62% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 521 | $280,345,000 | $538,090 | $10,150 | 6.72% |
| JACKSON, MS (FHA|USDA|VA) | 973 | $184,915,000 | $190,046 | $5,932 | 6.79% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 819 | $136,795,000 | $167,027 | $5,582 | 7.52% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 394 | $131,480,000 | $333,706 | $5,639 | 7.31% |
| Outside of Metro Areas | 788 | $131,150,000 | $166,434 | $4,920 | 7.20% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 227 | $130,175,000 | $573,458 | $9,481 | 6.80% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 307 | $107,845,000 | $351,287 | $6,582 | 6.84% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 424 | $103,500,000 | $244,104 | $4,951 | 7.35% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 408 | $82,900,000 | $203,186 | $4,623 | 7.22% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 194 | $69,220,000 | $356,804 | $6,681 | 7.05% |
| Tupelo, MS (FHA|USDA|VA) | 424 | $59,510,000 | $140,354 | $4,484 | 7.36% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 267 | $57,615,000 | $215,787 | $3,612 | 7.42% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 108 | $52,910,000 | $489,907 | $8,079 | 7.15% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 164 | $52,450,000 | $319,817 | $5,015 | 7.23% |
| MOBILE, AL (FHA|USDA|VA) | 230 | $45,270,000 | $196,826 | $4,946 | 7.04% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 199 | $41,795,000 | $210,025 | $5,540 | 7.42% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 231 | $37,375,000 | $161,797 | $4,697 | 7.32% |
| Starkville, MS (FHA|USDA|VA) | 162 | $37,130,000 | $229,198 | $6,281 | 6.98% |
| TYLER, TX (FHA|USDA|VA) | 97 | $34,865,000 | $359,433 | $6,690 | 6.79% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 100 | $32,250,000 | $322,500 | $4,450 | 7.07% |
| PANAMA CITY, FL (FHA|USDA|VA) | 67 | $30,425,000 | $454,104 | $8,085 | 7.06% |
| BATON ROUGE, LA (FHA|USDA|VA) | 139 | $29,925,000 | $215,288 | $5,689 | 7.50% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 91 | $29,225,000 | $321,154 | $6,551 | 7.31% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 158 | $28,630,000 | $181,203 | $3,826 | 7.54% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 98 | $28,530,000 | $291,122 | $5,606 | 7.08% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 227 | $25,345,000 | $111,652 | $3,562 | 7.24% |
| Oxford, MS (FHA|USDA|VA) | 126 | $24,950,000 | $198,016 | $4,479 | 7.56% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 78 | $24,730,000 | $317,051 | $6,330 | 6.89% |
| JACKSON, TN (FHA|USDA|VA) | 226 | $24,510,000 | $108,451 | $3,218 | 7.76% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 61 | $24,095,000 | $395,000 | $8,361 | 6.93% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 39 | $23,855,000 | $611,667 | $10,746 | 6.63% |
| LONGVIEW, TX (FHA|USDA|VA) | 100 | $23,850,000 | $238,500 | $6,423 | 7.18% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 106 | $23,700,000 | $223,585 | $7,674 | 7.13% |
| HATTIESBURG, MS (FHA|USDA|VA) | 177 | $23,275,000 | $131,497 | $4,446 | 7.62% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 59 | $18,715,000 | $317,203 | $5,066 | 7.10% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 44 | $17,550,000 | $398,864 | $6,146 | 6.47% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 92 | $17,110,000 | $185,978 | $6,246 | 7.44% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 38 | $16,320,000 | $429,474 | $7,531 | 7.12% |
| Albertville, AL (FHA|USDA|VA) | 99 | $15,985,000 | $161,465 | $4,455 | 7.76% |
| LAFAYETTE, LA (FHA|USDA|VA) | 90 | $15,600,000 | $173,333 | $5,484 | 7.46% |
| TEXARKANA, TX-AR (FHA|USDA|VA) | 78 | $13,540,000 | $173,590 | $4,595 | 7.22% |
| Lufkin, TX (FHA|USDA|VA) | 54 | $12,440,000 | $230,370 | $5,934 | 7.32% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 37 | $12,215,000 | $330,135 | $4,973 | 7.33% |
| WACO, TX (FHA|USDA|VA) | 46 | $12,040,000 | $261,739 | $6,688 | 7.06% |
| Columbus, MS (FHA|USDA|VA) | 78 | $11,620,000 | $148,974 | $4,279 | 7.34% |
| MONROE, LA (FHA|USDA|VA) | 84 | $11,310,000 | $134,643 | $4,294 | 7.76% |
| CLEVELAND, TN (FHA|USDA|VA) | 45 | $10,865,000 | $241,444 | $5,517 | 6.48% |
| Nacogdoches, TX (FHA|USDA|VA) | 50 | $10,810,000 | $216,200 | $6,016 | 7.36% |
| SAVANNAH, GA (FHA|USDA|VA) | 18 | $10,260,000 | $570,000 | $9,645 | 7.29% |
| Vicksburg, MS (FHA|USDA|VA) | 82 | $9,990,000 | $121,829 | $4,589 | 6.32% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 13 | $9,565,000 | $735,769 | $8,572 | 7.13% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 65 | $9,465,000 | $145,615 | $5,228 | 7.51% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 25 | $9,135,000 | $365,400 | $6,968 | 7.03% |
| JONESBORO, AR (FHA|USDA|VA) | 54 | $9,030,000 | $167,222 | $4,201 | 7.54% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 38 | $8,730,000 | $229,737 | $7,209 | 7.24% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 8 | $8,670,000 | $1,083,750 | $7,475 | 6.43% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 10 | $8,310,000 | $831,000 | $9,715 | 6.45% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 35 | $7,685,000 | $219,571 | $5,229 | 7.25% |
| Alexander City, AL (FHA|USDA|VA) | 7 | $7,175,000 | $1,025,000 | $8,233 | 7.68% |
| Laurel, MS (FHA|USDA|VA) | 75 | $7,075,000 | $94,333 | $3,327 | 7.68% |
| Scottsboro, AL (FHA|USDA|VA) | 40 | $7,070,000 | $176,750 | $6,255 | 7.43% |
| GAINESVILLE, GA (FHA|USDA|VA) | 14 | $6,990,000 | $499,286 | $232 | 8.24% |
| MONTGOMERY, AL (FHA|USDA|VA) | 27 | $6,645,000 | $246,111 | $6,148 | 7.19% |
| Cleveland, MS (FHA|USDA|VA) | 41 | $6,605,000 | $161,098 | $5,583 | 6.25% |
| Corinth, MS (FHA|USDA|VA) | 51 | $6,525,000 | $127,941 | $5,028 | 7.56% |
| West Point, MS (FHA|USDA|VA) | 52 | $4,990,000 | $95,962 | $2,745 | 7.25% |
| GAINESVILLE, FL (FHA|USDA|VA) | 10 | $4,690,000 | $469,000 | $7,866 | 6.15% |
| Brenham, TX (FHA|USDA|VA) | 7 | $4,555,000 | $650,714 | $9,971 | 6.82% |
| ALEXANDRIA, LA (FHA|USDA|VA) | 26 | $4,330,000 | $166,538 | $2,811 | 7.76% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 23 | $4,025,000 | $175,000 | $3,220 | 7.40% |
| Glenwood Springs, CO (FHA|USDA|VA) | 2 | $3,740,000 | $1,870,000 | $5,002 | 6.69% |
| KNOXVILLE, TN (FHA|USDA|VA) | 9 | $3,715,000 | $412,778 | $4,830 | 6.46% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 4 | $3,620,000 | $905,000 | $11,773 | 6.14% |
| Sevierville, TN (FHA|USDA|VA) | 7 | $3,515,000 | $502,143 | $10,419 | 8.07% |
| Hope, AR (FHA|USDA|VA) | 31 | $3,445,000 | $111,129 | $2,913 | 7.74% |
| Steamboat Springs, CO (FHA|USDA|VA) | 3 | $3,395,000 | $1,131,667 | $3,946 | 7.54% |
| DECATUR, AL (FHA|USDA|VA) | 27 | $3,245,000 | $120,185 | $3,021 | 7.23% |
| Athens, TX (FHA|USDA|VA) | 9 | $3,135,000 | $348,333 | $6,489 | 5.98% |
| Cullowhee, NC (FHA|USDA|VA) | 2 | $3,010,000 | $1,505,000 | $12,165 | 6.94% |
| El Dorado, AR (FHA|USDA|VA) | 26 | $2,950,000 | $113,462 | $3,722 | 7.57% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 10 | $2,860,000 | $286,000 | $2,822 | 6.75% |
| COLUMBIA, MO (FHA|USDA|VA) | 3 | $2,695,000 | $898,333 | $2,815 | 6.76% |
| GADSDEN, AL (FHA|USDA|VA) | 19 | $2,665,000 | $140,263 | $3,292 | 7.55% |
| Paragould, AR (FHA|USDA|VA) | 27 | $2,545,000 | $94,259 | $3,153 | 7.74% |
| Huntsville, TX (FHA|USDA|VA) | 5 | $2,535,000 | $507,000 | $8,731 | 6.68% |
| LUBBOCK, TX (FHA|USDA|VA) | 6 | $2,520,000 | $420,000 | $5,479 | 6.42% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 2 | $2,480,000 | $1,240,000 | $18,944 | 7.11% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 9 | $2,425,000 | $269,444 | $5,754 | 6.89% |
| Bonham, TX (FHA|USDA|VA) | 4 | $2,330,000 | $582,500 | $11,567 | 7.40% |
| Cullman, AL (FHA|USDA|VA) | 11 | $2,325,000 | $211,364 | $5,730 | 6.98% |
| Branson, MO (FHA|USDA|VA) | 5 | $2,305,000 | $461,000 | $6,036 | 7.35% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 9 | $2,235,000 | $248,333 | $5,999 | 7.00% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $2,175,000 | $2,175,000 | $5,681 | 5.50% |
| Grenada, MS (FHA|USDA|VA) | 29 | $2,175,000 | $75,000 | $3,432 | 7.27% |
| Fredericksburg, TX (FHA|USDA|VA) | 2 | $2,150,000 | $1,075,000 | $15,848 | 5.50% |
| Key West, FL (FHA|USDA|VA) | 2 | $2,100,000 | $1,050,000 | $15,048 | 5.50% |
| Camden, AR (FHA|USDA|VA) | 26 | $1,980,000 | $76,154 | $2,875 | 7.50% |
| Fort Payne, AL (FHA|USDA|VA) | 16 | $1,870,000 | $116,875 | $4,768 | 7.77% |
| TULSA, OK (FHA|USDA|VA) | 3 | $1,715,000 | $571,667 | $12,738 | 7.43% |
| Cookeville, TN (FHA|USDA|VA) | 3 | $1,685,000 | $561,667 | $7,045 | 5.38% |
| Jacksonville, TX (FHA|USDA|VA) | 5 | $1,675,000 | $335,000 | $5,562 | 7.05% |
| Ruston, LA (FHA|USDA|VA) | 17 | $1,675,000 | $98,529 | $7,136 | 7.62% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 4 | $1,590,000 | $397,500 | $4,422 | 5.64% |
| Magnolia, AR (FHA|USDA|VA) | 20 | $1,570,000 | $78,500 | $3,502 | 7.69% |
| Granbury, TX (FHA|USDA|VA) | 1 | $1,465,000 | $1,465,000 | $15,879 | 6.13% |
| ANNISTON-OXFORD, AL (FHA|USDA|VA) | 12 | $1,460,000 | $121,667 | $4,034 | 6.78% |
| Gainesville, TX (FHA|USDA|VA) | 1 | $1,455,000 | $1,455,000 | $17,272 | 6.50% |
| Jefferson, GA (FHA|USDA|VA) | 4 | $1,420,000 | $355,000 | $10,148 | 7.59% |
| DeRidder, LA (FHA|USDA|VA) | 2 | $1,390,000 | $695,000 | $11,350 | 7.13% |
| Mountain Home, AR (FHA|USDA|VA) | 2 | $1,330,000 | $665,000 | $3,205 | 7.08% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 8 | $1,320,000 | $165,000 | $6,516 | 7.52% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 3 | $1,315,000 | $438,333 | $6,178 | 6.38% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 4 | $1,290,000 | $322,500 | $7,520 | 5.92% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 4 | $1,200,000 | $300,000 | $4,199 | 6.42% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 1 | $1,195,000 | $1,195,000 | $10,787 | 5.03% |
| Atmore, AL (FHA|USDA|VA) | 8 | $1,180,000 | $147,500 | $7,967 | 7.48% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 5 | $1,165,000 | $233,000 | $3,668 | 6.56% |
| Greenwood, MS (FHA|USDA|VA) | 7 | $1,095,000 | $156,429 | $5,312 | 6.36% |
| Montrose, CO (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $14,955 | 7.75% |
| RICHMOND, VA (FHA|USDA|VA) | 2 | $1,000,000 | $500,000 | $4,651 | 6.63% |
| Athens, TN (FHA|USDA|VA) | 4 | $980,000 | $245,000 | $3,962 | 6.47% |
| HAMMOND, LA (FHA|USDA|VA) | 2 | $960,000 | $480,000 | $3,637 | 7.63% |
| Moultrie, GA (FHA|USDA|VA) | 1 | $955,000 | $955,000 | $8,196 | 5.75% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $945,000 | $945,000 | $7,468 | 5.28% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $945,000 | $945,000 | $0 | 8.50% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 4 | $920,000 | $230,000 | $11,563 | 7.12% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 2 | $860,000 | $430,000 | $5,195 | 5.15% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 2 | $850,000 | $425,000 | $4,775 | 7.44% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 3 | $825,000 | $275,000 | $6,060 | 5.92% |
| Stephenville, TX (FHA|USDA|VA) | 2 | $800,000 | $400,000 | $5,691 | 7.31% |
| Talladega-Sylacauga, AL (FHA|USDA|VA) | 7 | $795,000 | $113,571 | $4,939 | 7.09% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 3 | $795,000 | $265,000 | $6,080 | 7.38% |
| Lewisburg, TN (FHA|USDA|VA) | 1 | $785,000 | $785,000 | $11,692 | 5.75% |
| BOULDER, CO (FHA|USDA|VA) | 2 | $770,000 | $385,000 | $0 | 8.00% |
| Picayune, MS (FHA|USDA|VA) | 7 | $735,000 | $105,000 | $6,064 | 7.30% |
| CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) | 1 | $715,000 | $715,000 | $10,946 | 7.00% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $6,000 | 5.63% |
| Batesville, AR (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $3,504 | 6.67% |
| Union City, TN (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $4,724 | 7.06% |
| MIDLAND, TX (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $6,141 | 7.50% |
| Durant, OK (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $14,503 | 7.50% |
| ASHEVILLE, NC (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $4,158 | 6.38% |
| Meridian, MS (FHA|USDA|VA) | 7 | $675,000 | $96,429 | $4,501 | 6.83% |
| Farmington, MO (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $5,035 | 7.25% |
| Bay City, TX (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $6,614 | 7.31% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $4,853 | 7.13% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $4,451 | 7.19% |
| Jasper, AL (FHA|USDA|VA) | 4 | $660,000 | $165,000 | $3,975 | 7.06% |
| Corsicana, TX (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $10,835 | 7.06% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $5,316 | 5.53% |
| Martin, TN (FHA|USDA|VA) | 8 | $640,000 | $80,000 | $8,315 | 7.94% |
| Clarksdale, MS (FHA|USDA|VA) | 4 | $620,000 | $155,000 | $6,851 | 7.50% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $0 | 9.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $6,453 | 6.13% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $5,831 | 6.19% |
| Minden, LA (FHA|USDA|VA) | 5 | $555,000 | $111,000 | $5,029 | 6.58% |
| Searcy, AR (FHA|USDA|VA) | 4 | $550,000 | $137,500 | $3,617 | 7.18% |
| ALBANY, GA (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $2,939 | 6.38% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $4,044 | 5.28% |
| JOPLIN, MO (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $7,727 | 7.48% |
| Natchitoches, LA (FHA|USDA|VA) | 5 | $525,000 | $105,000 | $3,444 | 7.88% |
| Brevard, NC (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $5,101 | 6.50% |
| Malvern, AR (FHA|USDA|VA) | 4 | $520,000 | $130,000 | $4,917 | 6.59% |
| VALDOSTA, GA (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $6,665 | 6.33% |
| Boone, NC (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $8,956 | 4.90% |
| EL PASO, TX (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $7,046 | 6.33% |
| St. Marys, GA (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $5,274 | 7.13% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $4,655 | 5.63% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $0 | 7.40% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $13,324 | 6.03% |
| Shelbyville, TN (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $10,466 | 6.06% |
| FORT WAYNE, IN (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $3,024 | 5.88% |
| LaGrange, GA-AL (FHA|USDA|VA) | 4 | $420,000 | $105,000 | $5,149 | 7.31% |
| Greenville, MS (FHA|USDA|VA) | 3 | $405,000 | $135,000 | $5,212 | 6.79% |
| OWENSBORO, KY (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $3,981 | 5.28% |
| Thomasville, GA (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $4,741 | 7.25% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $9,007 | 5.15% |
| SAN ANGELO, TX (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $10,656 | 7.00% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $3,132 | 6.38% |
| Vidalia, GA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $11,423 | 5.88% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $13,621 | 5.75% |
| Palestine, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $7,504 | 5.50% |
| Stillwater, OK (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $7,643 | 5.03% |
| Russellville, AR (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 7.40% |
| Blytheville, AR (FHA|USDA|VA) | 6 | $350,000 | $58,333 | $783 | 8.02% |
| Ponca City, OK (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $5,947 | 7.00% |
| Lawrenceburg, TN (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $2,902 | 7.33% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $6,886 | 6.50% |
| Troy, AL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 7.49% |
| Cedartown, GA (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $3,864 | 7.44% |
| Union, SC (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $9,654 | 6.00% |
| DALTON, GA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $9,383 | 7.00% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $6,679 | 6.75% |
| Uvalde, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $10,625 | 8.00% |
| Rolla, MO (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $5,290 | 7.38% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $3,990 | 6.87% |
| Seneca, SC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,560 | 5.75% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $4,689 | 7.88% |
| Dyersburg, TN (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $3,524 | 7.19% |
| ABILENE, TX (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 7.70% |
| Brownwood, TX (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $4,160 | 7.44% |
| Bogalusa, LA (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $4,737 | 7.44% |
| Brownsville, TN (FHA|USDA|VA) | 3 | $205,000 | $68,333 | $2,769 | 8.04% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 7.75% |
| Opelousas, LA (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $3,470 | 6.88% |
| Kerrville, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,861 | 6.00% |
| Crossville, TN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,579 | 7.63% |
| Mayfield, KY (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $5,965 | 7.00% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,976 | 6.50% |
| Lamesa, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,395 | 6.88% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $8,577 | 7.00% |
| El Campo, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,497 | 7.25% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 7.06% |
| Cordele, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 8.50% |
| Kennett, MO (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 6.90% |
| Lebanon, MO (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $2,317 | 7.94% |
| Jennings, LA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,077 | 6.88% |
| Eufaula, AL-GA (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $4,267 | 7.50% |
| OCALA, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,777 | 7.38% |
| Natchez, MS-LA (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $2,635 | 3.35% |
| McMinnville, TN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 8.25% |
| Summerville, GA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $5,968 | 7.13% |
| PINE BLUFF, AR (FHA|USDA|VA) | 2 | $90,000 | $45,000 | $3,714 | 7.63% |
| Brookhaven, MS (FHA|USDA|VA) | 2 | $80,000 | $40,000 | $2,439 | 6.69% |
| Indianola, MS (FHA|USDA|VA) | 2 | $80,000 | $40,000 | $2,115 | 2.95% |
| Arkadelphia, AR (FHA|USDA|VA) | 2 | $50,000 | $25,000 | $0 | 8.75% |
| Enterprise, AL (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 5.75% |
| Paris, TN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 7.50% |
| Forrest City, AR (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 7.00% |
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Product Mix
For 2023, Bancorpsouth's most frequently originated type of loan was Conventional, with 6,299 originations. Their 2nd most popular type was HELOC, with 4,338 originations.
Loan Reason
For 2023, Bancorpsouth's most frequently cited loan purpose was Home Purchase, with 6,340 originations. The 2nd most popular reason was Other, with 2,739 originations.
Loan Duration/Length
For 2023, Bancorpsouth's most frequently cited loan duration was 30 Year, with 5,757 originations. The 2nd most popular length was Other, with 4,535 originations.
Origination Fees/Closing Costs
Bancorpsouth's average total fees were $7,064, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,651 originations.
Interest Rates
During 2023, Bancorpsouth's average interest rate for loans was 6.41%, while their most frequently originated rate bucket for loans was 6-7%, with 3,609 originations.
Loan Sizing
2023 saw Bancorpsouth place emphasis on $100,000 or less loans with 3,912 originations, totaling $198,930,000 in origination value.
Applicant Income
Bancorpsouth lent most frequently to those with incomes in the $100k-150k range, with 2,264 originations. The second most popular income band? $250k+, with 2,042 originations.
Applicant Debt to Income Ratio
Bancorpsouth lent most frequently to those with DTI ratios of 20-30%, with 2,560 originations. The next most common DTI ratio? 30-36%, with 2,071 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications82.30%
Bancorpsouth has a below average approval rate.
Pick Rate
Approvals leading to origination77.86%
Bancorpsouth has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 12,015 | $3,256,905,000 | $271,070 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 12,015 | $3,256,905,000 | $271,070 |