JACKSON Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Jackson averaged 7.2% for the week of 2025-06-18, compared to the national average of 6.81% for the same period.

The average rate for the prior week (2025-06-12) was 7.23% and one month ago for the week of 2025-05-15, the average rate was 6.8%.

Jackson's average rate one year ago was 7.34%.

For refis of the same type during the week of 2025-06-18, the average rate was 7.39%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-06-18 6.81%
Jackson 30 Year Fixed Rate 2025-06-18 7.2%
Jackson 30 Year Fixed Rate Refi 2025-06-18 7.39%
Jackson 15 Year Fixed Rate 2025-06-18 6.63%
Jackson 15 Year Fixed Rate Refi 2025-06-18 7.24%
Jackson 30 Year FHA 2025-06-18 -0.31%
Jackson 30 Year FHA Refi 2025-06-18 -0.45%
Jackson 30 Year USDA 2025-06-18 -0.1%
Jackson 30 Year USDA Refi 2025-06-18 -0.2%
Jackson 30 Year VA 2025-06-18 0.29%
Jackson 30 Year VA Refi 2025-06-18 -0.34%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within JACKSON, MS.

JACKSON Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the JACKSON, MS market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Trustmark National Bank 344 6.71% $4,686
BancorpSouth 230 6.66% $5,219
QUICKEN LOANS, LLC 185 6.76% $6,713
BankPlus 167 6.63% $3,642
UNITED WHOLESALE MORTGAGE, LLC 112 7.02% $6,056
GUILD MORTGAGE COMPANY 73 6.76% $5,596
Renasant Bank 71 6.87% $4,829
Community Bank of Mississippi 64 6.97% $4,732
MORTGAGE INVESTORS GROUP, INC. 60 6.92% $4,436
American Mortgage Bank, LLC 59 6.65% $10,231
Regions Bank 58 6.88% $4,290
First Horizon Bank 58 6.80% $4,212
Origin Bank 46 6.99% $3,539
JPMorgan Chase Bank 40 6.38% $3,554
UNION HOME MORTGAGE CORP. 36 6.81% $5,687
STOCKTON MORTGAGE CORPORATION 34 7.03% $7,215
HOPE FEDERAL CREDIT UNION 31 6.85% $4,357
Magnolia Bank 30 6.78% $4,718
Bank of England 27 7.07% $9,049
EVANSVILLE TEACHERS 27 6.99% $3,730
FIDELITY BANK 21 6.08% $4,808
PLANET HOME LENDING, LLC 18 6.86% $6,395
OPEN MORTGAGE, LLC 18 6.78% $5,395
ACOPIA, LLC 18 6.96% $5,298
Hancock Whitney Bank 17 6.87% $3,865
Wells Fargo Bank 16 6.75% $5,196
BROKER SOLUTIONS, INC. 15 7.13% $6,816
NAVY FEDERAL CREDIT UNION 14 6.55% $4,449
21ST MORTGAGE CORPORATION 13 8.51% $6,473
MOVEMENT MORTGAGE, LLC 13 7.01% $4,869
SWBC MORTGAGE CORPORATION 13 5.74% $4,417
CROSSCOUNTRY MORTGAGE, LLC 12 7.01% $6,293
NEWREZ LLC 12 6.71% $6,165
FIRST COMMUNITY MORTGAGE, INC. 12 6.67% $6,845
Bank of America 11 6.06% $4,061
LOANDEPOT.COM, LLC 11 6.74% $7,613
DHI MORTGAGE COMPANY, LTD. 10 5.77% $2,343
Mr. Cooper ( Nationstar Mortgage ) 10 6.81% $7,754
Hamilton Mortgage Corporation 8 6.92% $4,736
GMFS LLC 8 7.00% $3,880
U.S. Bank 8 6.81% $3,066
TOWNE MORTGAGE COMPANY 8 6.86% $8,682
Discover Bank 7 7.33% $0
Flagstar Bank, FSB 7 7.16% $7,353
CORNERSTONE HOME LENDING, INC. 7 7.16% $7,221
CMG MORTGAGE, INC. 6 7.06% $6,818
Morgan Stanley Private Bank 6 6.30% $4,245
CHURCHILL MORTGAGE CORPORATION 6 7.23% $6,732
PRIMELENDING, A PLAINSCAPITAL COMPANY 5 7.00% $5,833
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 6.97% $3,546
USAA Federal Savings Bank 5 6.70% $6,963
MORTGAGE ACCESS CORP. 4 6.84% $10,677
MUTUAL OF OMAHA MORTGAGE, INC. 4 6.99% $7,158
DEEPHAVEN MORTGAGE LLC 4 9.13% $13,253
PREMIA MORTGAGE, LLC 4 6.31% $593
ZILLOW HOME LOANS, LLC 4 6.88% $5,493
PENNYMAC LOAN SERVICES, LLC 4 6.81% $5,016
KEESLER 4 6.63% $3,447
FIRST COLONY MORTGAGE CORPORATION 3 7.04% $5,768
AMERICAN FINANCIAL RESOURCES, INC. 3 6.13% $6,357
ROYAL UNITED MORTGAGE LLC 3 7.21% $10,241
Citizens Bank 3 6.83% $4,090
The Citizens National Bank of Meridian 3 4.73% $2,231
Towne Bank 3 6.71% $5,742
BETTER MORTGAGE CORPORATION 3 6.67% $7,287
VANDERBILT MORTGAGE AND FINANCE, INC. 3 8.83% $6,771
ANGEL OAK MORTGAGE SOLUTIONS LLC 3 8.67% $12,243
Ixonia Bank 3 7.46% $9,506
AMERISAVE MORTGAGE CORPORATION 3 7.29% $8,474
ALLIANT CREDIT UNION 3 6.63% $4,369
First National Bank of America 3 8.71% $8,096
LAKEVIEW LOAN SERVICING, LLC 3 7.17% $5,974
Mortgage Research Center, LLC 3 6.75% $3,247
Cornerstone First Mortgage, Inc 2 6.50% $7,716
Ally Bank 2 7.06% $2,644
AMERICAN FINANCING CORPORATION 2 5.75% $7,108
American Mortgage & Equity Consultants, Inc. 2 7.31% $6,759
AmeriHome Mortgage Company, LLC 2 7.25% $4,739
Farmers Bank & Trust 2 6.31% $4,552
FREEDOM MORTGAGE CORPORATION 2 7.56% $5,493
GUARANTEED RATE, INC. 2 6.86% $5,099
GUIDANCE RESIDENTIAL, LLC 2 7.50% $4,968
LENDSURE MORTGAGE CORP. 2 8.13% $12,491
Paramount Residential Mortgage Group, Inc. 2 6.63% $5,620
PHH Mortgage Corporation 2 6.81% $5,095
PLAZA HOME MORTGAGE, INC. 2 6.81% $3,609
The Loan Store, Inc. 2 6.56% $4,857
Truist 2 6.56% $3,941
Willamette Valley Bank 2 7.44% $4,097
Lakeview Community Capital, LLC 1 6.75% $6,921
NBKC BANK 1 7.25% $3,435
JUSTICE Federal Credit Union 1 6.88% $2,143
OceanFirst Bank 1 7.00% $4,501
OCMBC, INC. 1 9.25% $11,297
Hometown Equity Mortgage, LLC 1 9.00% $20,332
Grand Bank for Savings, FSB 1 6.63% $19,655
Watermark Capital, Inc. 1 6.88% $6,781
GENEVA FINANCIAL, LLC 1 7.63% $15,252
PENTAGON FEDERAL CREDIT UNION 1 5.50% $10,547
Waterstone Mortgage Corporation 1 7.63% $4,481
Pinnacle Bank 1 6.50% $3,365
Plains Commerce Bank 1 7.38% $3,139
First Federal Bank 1 6.63% $5,130
AMERICAN INTERNET MORTGAGE, INC. 1 6.63% $3,519
PNC Bank 1 5.88% $4,652
First Central Savings Bank 1 7.13% $8,416
Evolve Bank & Trust 1 5.88% $3,245
Eagle Bank and Trust Company 1 6.50% $12,676
Quontic Bank 1 8.63% $7,487
Raymond James Bank 1 5.50% $4,252
RBC Bank, (Georgia) 1 5.13% $3,675
Red River Bank 1 5.63% $4,605
Deere Employees Credit Union 1 5.99% $0
COMMUNITY MORTGAGE CORPORATION 1 6.50% $4,070
RESIDENTIAL BANCORP 1 5.88% $6,093
RIVERTRUST Federal Credit Union 1 6.38% $6,584
Commerce Home Mortgage, Inc. 1 9.75% $42,361
S1L, Inc. 1 7.63% $4,161
Servion, Inc. 1 7.13% $5,432
ServisFirst Bank 1 7.50% $4,613
Simmons Bank 1 7.13% $10,424
SIRVA MORTGAGE, INC. 1 6.38% $0
SmartBank 1 7.25% $3,623
Stifel Bank and Trust 1 6.75% $3,666
Commerce Bank 1 6.63% $4,658
Stride Bank 1 5.75% $9,611
CITIZENS EQUITY FIRST 1 6.50% $3,200
TENNESSEE VALLEY 1 5.99% $5,705
The Central Trust Bank 1 6.99% $3,791
Citibank 1 7.13% $10,848
A&D Mortgage LLC 1 6.63% $9,388
CHEVRON 1 6.75% $3,594
Carrington Mortgage Services, LLC 1 10.38% $5,226
Toyota Financial Savings Bank 1 7.20% $5,725
Wolfe Financial, Inc 1 7.63% $10,239
CANOPY MORTGAGE, LLC 1 5.63% $18,463
BMO Harris Bank 1 7.25% $5,359
Bethpage Federal Credit Union 1 7.50% $5,207
Baxter Credit Union 1 7.13% $3,909
Barrington Bank & Trust Company, N.A. 1 5.99% $4,834
Assurance Financial Group, L.L.C. 1 7.38% $4,200
MID AMERICA MORTGAGE, INC. 1 6.38% $47,286
Merchants & Marine Bank 1 7.49% $3,654
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 5.50% $14,318
Merchants Bank of Indiana 1 7.49% $2,290
LOS ANGELES POLICE Federal Credit Union 1 7.38% $2,875
LENOX FINANCIAL MORTGAGE CORPORATION 1 6.00% $3,641

JACKSON Average Closing Costs & Other Stats

JACKSON, MS's 147 lenders originated 11,134 loans during 2024. The total origination value was $2,195,060,000, with an average loan value of $197,149.

JACKSON's average closing costs are $5,062.

The top JACKSON lender as defined by loan originations is Trustmark National Bank, with 344 loans originated. Their average total fees are $4,686, which is $534 lower than the next largest lender, BancorpSouth.

The lowest fee JACKSON lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($2,343), Origin Bank ($3,539), JPMorgan Chase Bank ($3,554), BankPlus ($3,642) and EVANSVILLE TEACHERS ($3,730).

The lowest rate JACKSON lenders (with over 10 loans originated) are SWBC MORTGAGE CORPORATION (5.74%), DHI MORTGAGE COMPANY, LTD. (5.77%), Bank of America (6.06%), FIDELITY BANK (6.08%) and JPMorgan Chase Bank (6.38%).

JACKSON, MS Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
Trustmark National Bank $268,380,000 $266,110,000 -0.8% 12.1%
BankPlus $165,215,000 $180,980,000 9.5% 8.2%
BancorpSouth $184,915,000 $174,375,000 -5.7% 7.9%
Community Bank of Mississippi $122,635,000 $121,460,000 -1.0% 5.5%
QUICKEN LOANS, LLC $94,370,000 $106,815,000 13.2% 4.9%
UNITED WHOLESALE MORTGAGE, LLC $56,900,000 $90,840,000 59.6% 4.1%
Regions Bank $55,965,000 $87,055,000 55.6% 4.0%
PriorityOne Bank $31,140,000 $74,900,000 140.5% 3.4%
American Mortgage Bank, LLC $59,125,000 n/a 2.7%
Renasant Bank $55,840,000 $52,650,000 -5.7% 2.4%
GUILD MORTGAGE COMPANY $2,175,000 $44,935,000 1,966.0% 2.0%
Mortgage Research Center, LLC $37,760,000 $43,445,000 15.1% 2.0%
BankFirst Financial Services $24,530,000 $29,795,000 21.5% 1.4%
Hancock Whitney Bank $8,560,000 $28,760,000 236.0% 1.3%
Origin Bank $26,630,000 $28,755,000 8.0% 1.3%
MORTGAGE INVESTORS GROUP, INC. $13,190,000 $24,870,000 88.6% 1.1%
First Horizon Bank $24,440,000 $24,210,000 -0.9% 1.1%
STOCKTON MORTGAGE CORPORATION $17,605,000 $23,915,000 35.8% 1.1%
PLANET HOME LENDING, LLC $21,130,000 $22,865,000 8.2% 1.0%
First Commercial Bank $29,385,000 $20,560,000 -30.0% 0.9%
Bank of England $15,910,000 $19,070,000 19.9% 0.9%
FREEDOM MORTGAGE CORPORATION $8,875,000 $18,135,000 104.3% 0.8%
21ST MORTGAGE CORPORATION $15,175,000 $17,865,000 17.7% 0.8%
UNION HOME MORTGAGE CORP. $8,430,000 $17,725,000 110.3% 0.8%
PENNYMAC LOAN SERVICES, LLC $11,160,000 $17,420,000 56.1% 0.8%
Magnolia Bank $8,030,000 $16,450,000 104.9% 0.7%
JPMorgan Chase Bank $12,480,000 $15,705,000 25.8% 0.7%
KEESLER $11,385,000 $15,600,000 37.0% 0.7%
The First, A National Banking Association $27,105,000 $15,470,000 -42.9% 0.7%
EVANSVILLE TEACHERS $14,135,000 $15,330,000 8.5% 0.7%
NAVY FEDERAL CREDIT UNION $14,100,000 $14,025,000 -0.5% 0.6%
CBRE MULTIFAMILY CAPITAL, INC. $13,035,000 n/a 0.6%
ACOPIA, LLC $17,420,000 $11,730,000 -32.7% 0.5%
GREYSTONE SERVICING COMPANY LLC $18,065,000 $11,070,000 -38.7% 0.5%
DHI MORTGAGE COMPANY, LTD. $2,075,000 $11,010,000 430.6% 0.5%
BROKER SOLUTIONS, INC. $5,880,000 $10,570,000 79.8% 0.5%
SWBC MORTGAGE CORPORATION $11,285,000 $10,450,000 -7.4% 0.5%
The Citizens National Bank of Meridian $6,880,000 $10,095,000 46.7% 0.5%
USAA Federal Savings Bank $9,675,000 $9,715,000 0.4% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $9,265,000 $9,555,000 3.1% 0.4%
OPEN MORTGAGE, LLC $56,615,000 $9,150,000 -83.8% 0.4%
TOWNE MORTGAGE COMPANY $9,150,000 n/a 0.4%
Copiah Bank $7,520,000 $8,805,000 17.1% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $7,560,000 $8,590,000 13.6% 0.4%
Bank of Yazoo City $7,660,000 $8,535,000 11.4% 0.4%
LOANDEPOT.COM, LLC $10,205,000 $8,450,000 -17.2% 0.4%
NEWREZ LLC $6,405,000 $8,345,000 30.3% 0.4%
Flagstar Bank, FSB $4,680,000 $8,315,000 77.7% 0.4%
Merchants & Planters Bank $2,580,000 $8,130,000 215.1% 0.4%
FIDELITY BANK $8,895,000 $7,655,000 -13.9% 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $5,495,000 $7,495,000 36.4% 0.3%
Peoples Bank $5,800,000 $7,390,000 27.4% 0.3%
Guaranty Bank and Trust Company $5,930,000 $6,955,000 17.3% 0.3%
FIRST COMMUNITY MORTGAGE, INC. $4,535,000 $6,900,000 52.1% 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $101,295,000 $6,760,000 -93.3% 0.3%
TRIAD FINANCIAL SERVICES, INC. $4,165,000 $6,745,000 61.9% 0.3%
NEW DAY FINANCIAL, LLC $2,215,000 $6,655,000 200.5% 0.3%
HOPE FEDERAL CREDIT UNION $2,005,000 $6,450,000 221.7% 0.3%
Wells Fargo Bank $9,050,000 $6,410,000 -29.2% 0.3%
Arbor Realty Trust, Inc. $6,085,000 n/a 0.3%
Liberty Bank and Trust Company $3,285,000 $4,915,000 49.6% 0.2%
Bank of America $5,635,000 $4,645,000 -17.6% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $2,725,000 $4,425,000 62.4% 0.2%
VILLAGE CAPITAL MORTGAGE $795,000 $4,305,000 441.5% 0.2%
LIMA ONE CAPITAL, LLC $4,440,000 $4,265,000 -3.9% 0.2%
LAKEVIEW LOAN SERVICING, LLC $710,000 $4,135,000 482.4% 0.2%
U.S. Bank $3,610,000 $4,130,000 14.4% 0.2%
Morgan Stanley Private Bank $3,120,000 $4,110,000 31.7% 0.2%
COLLIERS MORTGAGE LLC $4,095,000 n/a 0.2%
Discover Bank $3,250,000 $4,080,000 25.5% 0.2%
Equity Prime Mortgage LLC $2,520,000 $4,040,000 60.3% 0.2%
Towne Bank $1,875,000 $3,995,000 113.1% 0.2%
Southern Bancorp Bank $7,405,000 $3,950,000 -46.7% 0.2%
Ixonia Bank $525,000 $3,870,000 637.1% 0.2%
Barrington Bank & Trust Company, N.A. $1,715,000 $3,665,000 113.7% 0.2%
Carrington Mortgage Services, LLC $2,610,000 $3,635,000 39.3% 0.2%
The Bank of Forest $1,315,000 $3,630,000 176.0% 0.2%
GMFS LLC $1,835,000 $3,585,000 95.4% 0.2%
CMG MORTGAGE, INC. $1,355,000 $3,430,000 153.1% 0.2%
The Citizens Bank of Philadelphia, Mississippi $3,450,000 $3,175,000 -8.0% 0.1%
AMERISAVE MORTGAGE CORPORATION $6,130,000 $3,150,000 -48.6% 0.1%
Lakeview Community Capital, LLC $100,000 $3,120,000 3,020.0% 0.1%
RiverHills Bank $990,000 $3,070,000 210.1% 0.1%
CORNERSTONE HOME LENDING, INC. $5,605,000 $2,940,000 -47.5% 0.1%
AmeriHome Mortgage Company, LLC $1,735,000 $2,925,000 68.6% 0.1%
DOMINION FINANCIAL SERVICES, LLC $1,540,000 $2,925,000 89.9% 0.1%
MOVEMENT MORTGAGE, LLC $4,150,000 $2,895,000 -30.2% 0.1%
American Mortgage & Equity Consultants, Inc. $2,805,000 n/a 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $3,280,000 $2,740,000 -16.5% 0.1%
FirstBank $4,080,000 $2,700,000 -33.8% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,555,000 $2,700,000 73.6% 0.1%
GUARANTEED RATE, INC. $1,665,000 $2,605,000 56.5% 0.1%
Hamilton Mortgage Corporation $2,515,000 n/a 0.1%
FIRST SOUTH FINANCIAL $2,800,000 $2,510,000 -10.4% 0.1%
FIRST COLONY MORTGAGE CORPORATION $2,300,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $2,170,000 n/a 0.1%
LENDINGONE, LLC $460,000 $2,045,000 344.6% 0.1%
CARDINAL FINANCIAL $2,115,000 $2,035,000 -3.8% 0.1%
MORTGAGE ACCESS CORP. $1,150,000 $2,020,000 75.7% 0.1%
BETTER MORTGAGE CORPORATION $3,190,000 $2,000,000 -37.3% 0.1%
DEEPHAVEN MORTGAGE LLC $930,000 $1,965,000 111.3% 0.1%
First Bank $7,005,000 $1,955,000 -72.1% 0.1%
Rayne State Bank & Trust Company $1,895,000 n/a 0.1%
EMM LOANS LLC $380,000 $1,755,000 361.8% 0.1%
COREVEST AMERICAN FINANCE LENDER LLC $1,730,000 n/a 0.1%
CSL Financial, LLC $830,000 $1,710,000 106.0% 0.1%
VELOCITY COMMERCIAL CAPITAL, LLC $310,000 $1,655,000 433.9% 0.1%
PREMIA MORTGAGE, LLC $265,000 $1,645,000 520.8% 0.1%
PENTAGON FEDERAL CREDIT UNION $2,790,000 $1,620,000 -41.9% 0.1%
MUTUAL $2,935,000 $1,525,000 -48.0% 0.1%
Paramount Residential Mortgage Group, Inc. $350,000 $1,460,000 317.1% 0.1%
ZILLOW HOME LOANS, LLC $850,000 $1,460,000 71.8% 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $760,000 $1,430,000 88.2% 0.1%
The Federal Savings Bank $3,895,000 $1,425,000 -63.4% 0.1%
Figure Lending LLC $1,590,000 $1,395,000 -12.3% 0.1%
Commerce Home Mortgage, Inc. $155,000 $1,385,000 793.5% 0.1%
Eagle Bank and Trust Company $1,375,000 n/a 0.1%
NBKC BANK $95,000 $1,365,000 1,336.8% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,280,000 $1,360,000 6.3% 0.1%
ROYAL UNITED MORTGAGE LLC $1,235,000 $1,340,000 8.5% 0.1%
Coastal Community Bank $830,000 $1,310,000 57.8% 0.1%
FINANCE OF AMERICA REVERSE LLC $620,000 $1,310,000 111.3% 0.1%
Citizens Bank $95,000 $1,270,000 1,236.8% 0.1%
Assurance Financial Group, L.L.C. $725,000 $1,155,000 59.3% 0.1%
RF Renovo Management Company, LLC $1,140,000 n/a 0.1%
GUIDANCE RESIDENTIAL, LLC $435,000 $1,095,000 151.7% 0.0%
ALLIANT CREDIT UNION $1,045,000 n/a 0.0%
Simmons Bank $205,000 $1,025,000 400.0% 0.0%
The Loan Store, Inc. $275,000 $1,010,000 267.3% 0.0%
ServisFirst Bank $980,000 n/a 0.0%
SOUTHWEST STAGE FUNDING, LLC $3,575,000 $970,000 -72.9% 0.0%
GENEVA FINANCIAL, LLC $690,000 $945,000 37.0% 0.0%
MID AMERICA MORTGAGE, INC. $1,090,000 $945,000 -13.3% 0.0%
Century Mortgage Company DBA Century Lending Company $155,000 $925,000 496.8% 0.0%
Toyota Financial Savings Bank $925,000 n/a 0.0%
OCMBC, INC. $275,000 $915,000 232.7% 0.0%
SOUTHEAST MORTGAGE OF GEORGIA, INC. $215,000 $915,000 325.6% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $505,000 $885,000 75.2% 0.0%
Plains Commerce Bank $1,405,000 $875,000 -37.7% 0.0%
AMERICAN FINANCIAL NETWORK, INC. $1,960,000 $780,000 -60.2% 0.0%
Raymond James Bank $1,950,000 $775,000 -60.3% 0.0%
Truist $1,975,000 $770,000 -61.0% 0.0%
Planters Bank & Trust Company $775,000 $765,000 -1.3% 0.0%
CIS Financial Services, Inc. $1,750,000 $750,000 -57.1% 0.0%
COMMUNITY MORTGAGE CORPORATION $570,000 $740,000 29.8% 0.0%
Residential Acceptance Corporation $740,000 n/a 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $1,330,000 $740,000 -44.4% 0.0%
BMO Harris Bank $15,000 $730,000 4,766.7% 0.0%
Farmers Bank & Trust $695,000 $730,000 5.0% 0.0%
Citibank $230,000 $655,000 184.8% 0.0%
Secured Investment Corp. $625,000 $650,000 4.0% 0.0%
AMERICAN FINANCING CORPORATION $240,000 $645,000 168.8% 0.0%
RBC Bank, (Georgia) $645,000 n/a 0.0%
Commerce Bank $635,000 n/a 0.0%
Grand Bank for Savings, FSB $165,000 $635,000 284.8% 0.0%
Ally Bank $625,000 $625,000 0.0% 0.0%
Texana Bank $625,000 n/a 0.0%
PHH Mortgage Corporation $335,000 $615,000 83.6% 0.0%
ENCORE BANK $445,000 $610,000 37.1% 0.0%
PLAZA HOME MORTGAGE, INC. $605,000 n/a 0.0%
First Federal Bank $685,000 $590,000 -13.9% 0.0%
A&D Mortgage LLC $330,000 $585,000 77.3% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $815,000 $575,000 -29.4% 0.0%
OceanFirst Bank $570,000 n/a 0.0%
Brighton Bank $560,000 n/a 0.0%
GUARANTEED RATE AFFINITY, LLC $1,105,000 $550,000 -50.2% 0.0%
Alliance Bank $545,000 n/a 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $545,000 n/a 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $135,000 $545,000 303.7% 0.0%
LENDSURE MORTGAGE CORP. $540,000 n/a 0.0%
RIVERTRUST Federal Credit Union $3,370,000 $540,000 -84.0% 0.0%
AMWEST FUNDING CORP. $535,000 n/a 0.0%
Hometown Equity Mortgage, LLC $510,000 $525,000 2.9% 0.0%
Merchants & Marine Bank $1,085,000 $520,000 -52.1% 0.0%
Goldwater Bank, N.A. $515,000 n/a 0.0%
CANOPY MORTGAGE, LLC $505,000 n/a 0.0%
SIRVA MORTGAGE, INC. $495,000 n/a 0.0%
HOMEXPRESS MORTGAGE CORP. $175,000 $490,000 180.0% 0.0%
Baxter Credit Union $870,000 $485,000 -44.3% 0.0%
Stifel Bank and Trust $895,000 $485,000 -45.8% 0.0%
First South Farm Credit, ACA $2,080,000 $480,000 -76.9% 0.0%
Citizens Bank $95,000 $470,000 394.7% 0.0%
United Community Bank $870,000 $465,000 -46.6% 0.0%
AMERICAN HERITAGE LENDING, INC. $915,000 $460,000 -49.7% 0.0%
SeaTrust Mortgage Company $2,115,000 $460,000 -78.3% 0.0%
Beeline Loans, Inc. $430,000 $445,000 3.5% 0.0%
First National Bank of America $220,000 $445,000 102.3% 0.0%
Princeton Mortgage Corporation $445,000 n/a 0.0%
Greenville National Bank $425,000 n/a 0.0%
CALCON MUTUAL MORTGAGE LLC $155,000 $400,000 158.1% 0.0%
Deere Employees Credit Union $445,000 $400,000 -10.1% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $285,000 $400,000 40.4% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $560,000 $390,000 -30.4% 0.0%
Cornerstone First Mortgage, Inc $390,000 n/a 0.0%
BARTLETT MORTGAGE, INC. $385,000 n/a 0.0%
CITIZENS EQUITY FIRST $375,000 n/a 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $370,000 $365,000 -1.4% 0.0%
PNC Bank $520,000 $360,000 -30.8% 0.0%
KS StateBank $355,000 $355,000 0.0% 0.0%
Red River Bank $805,000 $355,000 -55.9% 0.0%
Armed Forces Bank $630,000 $345,000 -45.2% 0.0%
Centennial Bank $345,000 n/a 0.0%
SUNBELT Federal Credit Union $175,000 $340,000 94.3% 0.0%
Concordia Bank and Trust Company $335,000 n/a 0.0%
SPRING EQ, LLC $390,000 $330,000 -15.4% 0.0%
Community First National Bank $315,000 n/a 0.0%
MRV Banks $315,000 n/a 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $925,000 $305,000 -67.0% 0.0%
Pinnacle Bank $255,000 $305,000 19.6% 0.0%
TENNESSEE VALLEY $305,000 n/a 0.0%
M&T Bank $490,000 $300,000 -38.8% 0.0%
Capital City Home Loans, LLC $295,000 n/a 0.0%
First Metro Bank $295,000 n/a 0.0%
Wolfe Financial, Inc $295,000 n/a 0.0%
RESIDENTIAL BANCORP $470,000 $290,000 -38.3% 0.0%
CHEVRON $375,000 $285,000 -24.0% 0.0%
LAND HOME FINANCIAL SERVICES, INC. $305,000 $285,000 -6.6% 0.0%
Magnolia State Bank $125,000 $285,000 128.0% 0.0%
Axos Bank $330,000 $280,000 -15.2% 0.0%
Bank Independent $275,000 n/a 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $590,000 $275,000 -53.4% 0.0%
SOUTHWEST FUNDING, LP $275,000 n/a 0.0%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $265,000 n/a 0.0%
EVERETT FINANCIAL, INC. $740,000 $255,000 -65.5% 0.0%
SmartBank $255,000 n/a 0.0%
Bethpage Federal Credit Union $8,485,000 $245,000 -97.1% 0.0%
COUNTRYPLACE MORTGAGE, LTD. $1,645,000 $245,000 -85.1% 0.0%
Quontic Bank $295,000 $245,000 -16.9% 0.0%
S1L, Inc. $315,000 $245,000 -22.2% 0.0%
The Central Trust Bank $245,000 n/a 0.0%
Evolve Bank & Trust $375,000 $235,000 -37.3% 0.0%
FLAT BRANCH MORTGAGE, INC. $225,000 n/a 0.0%
Logan Finance Corporation $360,000 $225,000 -37.5% 0.0%
Mid-Continent Funding, Inc. $225,000 n/a 0.0%
RELIANCE FIRST CAPITAL, LLC $595,000 $225,000 -62.2% 0.0%
Nations Lending Corporation $985,000 $210,000 -78.7% 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $205,000 n/a 0.0%
First Community Bank $205,000 n/a 0.0%
North American Savings Bank, F.S.B. $1,125,000 $205,000 -81.8% 0.0%
Servion, Inc. $285,000 $205,000 -28.1% 0.0%
First Central Savings Bank $195,000 n/a 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $135,000 $185,000 37.0% 0.0%
Service Federal Credit Union $185,000 n/a 0.0%
AMERITRUST MORTGAGE CORPORATION $175,000 n/a 0.0%
Signature Federal Credit Union $165,000 n/a 0.0%
COMMUNITYAMERICA $155,000 n/a 0.0%
ESSENTIAL $155,000 n/a 0.0%
Stride Bank $155,000 n/a 0.0%
Home Mortgage Alliance Corp $150,000 n/a 0.0%
Willamette Valley Bank $210,000 $150,000 -28.6% 0.0%
Connexus Credit Union $145,000 n/a 0.0%
LOS ANGELES POLICE Federal Credit Union $145,000 n/a 0.0%
FIRST STATE MORTGAGE SERVICES, LLC $135,000 n/a 0.0%
United Southern Bank $135,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $350,000 $115,000 -67.1% 0.0%
Watermark Capital, Inc. $115,000 n/a 0.0%
First Federal Savings and Loan Association $105,000 n/a 0.0%
INTOUCH CREDIT UNION $105,000 n/a 0.0%
ENVOY MORTGAGE, LTD $95,000 n/a 0.0%
Merchants Bank of Indiana $23,075,000 $95,000 -99.6% 0.0%
River Bank & Trust $95,000 n/a 0.0%
Tyndall Federal Credit Union $95,000 n/a 0.0%
Waterstone Mortgage Corporation $385,000 $95,000 -75.3% 0.0%
ASHLAND Credit Union $90,000 n/a 0.0%
TruHome Solutions, LLC $85,000 n/a 0.0%
Presidential Bank, FSB $1,465,000 $75,000 -94.9% 0.0%
DIGITAL Federal Credit Union $665,000 $65,000 -90.2% 0.0%
JUSTICE Federal Credit Union $65,000 n/a 0.0%
CB&S Bank, Inc. $245,000 $55,000 -77.6% 0.0%
MEMBER FIRST MORTGAGE, LLC $695,000 $55,000 -92.1% 0.0%
Cross Keys Bank $55,000 $35,000 -36.4% 0.0%
First Bank $7,005,000 $35,000 -99.5% 0.0%
Great Southern Bank $1,010,000 $35,000 -96.5% 0.0%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $5,000 n/a 0.0%

JACKSON's top lender by overall market share is Trustmark National Bank, with 12.1% market share. In second place, with 8.2%, is BankPlus, having originated $180,980,000 in loans. In third place, with 7.9%, is BancorpSouth, having originated $174,375,000 in loans. In fourth place, with 5.5%, is Community Bank of Mississippi, having originated $121,460,000 in loans. In fifth place, with 4.9%, is QUICKEN LOANS, LLC, having originated $106,815,000 in loans.

JACKSON, MS Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 6,266 $1,497,980,000 $239,065
Refi 2,044 $388,160,000 $189,902
Other 1,235 $114,205,000 $92,474
Cash Out Refi 851 $143,845,000 $169,031
Home Improvement 736 $50,540,000 $68,668
NA 2 $330,000 $165,000

Jackson's most frequently cited loan purpose was Home Purchase, with 6,266 originations. The 2nd most popular reason was Refi, with 2,044 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 3,580 $945,090,000 $263,992
Over 8% 3,059 $315,115,000 $103,012
7-8% 1,981 $455,295,000 $229,831
5-6% 1,202 $325,930,000 $271,156
<2.5% 463 $7,505,000 $16,210
4-5% 334 $50,180,000 $150,240
3-4% 18 $4,750,000 $263,889
2.5-3% 9 $1,855,000 $206,111

During 2024, Jackson's most frequently originated rate bucket was 6-7%, with 3,580 originations.

Loan Sizing (JACKSON, MS MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 3,957 $192,245,000 $48,584
$200k-400k 3,516 $971,220,000 $276,229
$100k-200k 2,748 $407,620,000 $148,333
$400k-600k 630 $296,600,000 $470,794
$600k-1000k 220 $158,910,000 $722,318
$Over $1MM 63 $168,465,000 $2,674,048

JACKSON's loan sizing saw the bucket of loans from $100,000 or less with 3,957 originations, totaling $192,245,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 4,254 $1,114,800,000 $262,059
Under 20% 1,933 $81,745,000 $42,289
60-80% 1,931 $472,055,000 $244,461
20-40% 1,260 $128,790,000 $102,214
40-60% 872 $162,190,000 $185,998
Over 100% 226 $67,550,000 $298,894

JACKSON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 4,254 originations, totaling $1,114,800,000 in origination value.