JACKSON Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Jackson averaged
5.21%
for the week of 2022-05-19, compared to the national average of
5.25% for the same period.
The average rate for the prior week (2022-05-12) was
5.36% and
one month ago for the week of 2022-04-14, the
average rate was 5.16%.
Jackson's average rate one year ago was 3.27%.
For refis of the same type during the week of 2022-05-19, the average rate
was 5.55%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-05-19 | 5.25% |
| Jackson 30 Year Fixed Rate | 2022-05-19 | 5.21% |
| Jackson 30 Year Fixed Rate Refi | 2022-05-19 | 5.55% |
| Jackson 15 Year Fixed Rate | 2022-05-19 | 5.18% |
| Jackson 15 Year Fixed Rate Refi | 2022-05-19 | 4.66% |
| Jackson 30 Year FHA | 2022-05-19 | 5.09% |
| Jackson 30 Year FHA Refi | 2022-05-19 | 5.36% |
| Jackson 30 Year USDA | 2022-05-19 | 5.29% |
| Jackson 30 Year USDA Refi | 2022-05-19 | 5.27% |
| Jackson 30 Year VA | 2022-05-19 | 5.43% |
| Jackson 30 Year VA Refi | 2022-05-19 | 5.2% |
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 lendor, 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.).
JACKSON, MS's 211 lenders originated 19,429
loans during 2021. The total origination value was $4,314,155,000, with an average loan value of
$222,047.
The top JACKSON lender as defined by loan originations is Trustmark National Bank, with
873 loans originated. Their average total fees are
$3,152, which is $1,919
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee JACKSON lenders (with over 10 loans originated) are
FREEDOM MORTGAGE CORPORATION ($1,978), Wyndham Capital Mortgage, Inc. ($2,142), BankPlus ($2,674), JPMorgan Chase Bank ($2,727) and The Citizens National Bank of Meridian ($2,763).
The lowest rate JACKSON lenders (with over 10 loans originated) are
Bank of America (2.32%), Wyndham Capital Mortgage, Inc. (2.92%), Truist Bank (2.96%), BankPlus (2.97%) and BETTER MORTGAGE CORPORATION (2.98%).
JACKSON, MS Lender 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| Trustmark National Bank | $585,180,000 | $547,055,000 | -6.5% | 12.7% |
| BankPlus | $354,365,000 | $349,150,000 | -1.5% | 8.1% |
| BancorpSouth Bank | $324,805,000 | $293,465,000 | -9.6% | 6.8% |
| QUICKEN LOANS, LLC | $226,975,000 | $271,875,000 | 19.8% | 6.3% |
| Community Bank of Mississippi | $208,030,000 | $173,295,000 | -16.7% | 4.0% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $131,845,000 | $164,935,000 | 25.1% | 3.8% |
| Renasant Bank | $233,325,000 | $140,635,000 | -39.7% | 3.3% |
| First Horizon Bank | $3,285,000 | $137,870,000 | 4,097.0% | 3.2% |
| New York Community Bank | $120,010,000 | n/a | 2.8% | |
| Regions Bank | $107,430,000 | $110,130,000 | 2.5% | 2.6% |
| FREEDOM MORTGAGE CORPORATION | $89,915,000 | $82,425,000 | -8.3% | 1.9% |
| OPEN MORTGAGE, LLC | $44,075,000 | $76,745,000 | 74.1% | 1.8% |
| PriorityOne Bank | $65,365,000 | $70,130,000 | 7.3% | 1.6% |
| Wells Fargo Bank | $45,945,000 | $59,180,000 | 28.8% | 1.4% |
| LOANDEPOT.COM, LLC | $27,850,000 | $57,535,000 | 106.6% | 1.3% |
| Mortgage Research Center, LLC | $39,265,000 | $57,155,000 | 45.6% | 1.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $47,230,000 | $56,155,000 | 18.9% | 1.3% |
| EVANSVILLE TEACHERS | $63,145,000 | $53,180,000 | -15.8% | 1.2% |
| Origin Bank | $70,160,000 | $51,785,000 | -26.2% | 1.2% |
| PLANET HOME LENDING, LLC | $38,785,000 | $48,760,000 | 25.7% | 1.1% |
| MORTGAGE INVESTORS GROUP, INC. | $18,035,000 | $47,940,000 | 165.8% | 1.1% |
| BankFirst Financial Services | $45,300,000 | $44,995,000 | -0.7% | 1.0% |
| Capital One | $8,635,000 | $44,730,000 | 418.0% | 1.0% |
| PENNYMAC LOAN SERVICES, LLC | $20,120,000 | $41,000,000 | 103.8% | 1.0% |
| Arbor Realty Trust, Inc. | $2,235,000 | $37,730,000 | 1,588.1% | 0.9% |
| Mr. Cooper ( Nationstar Mortgage ) | $26,825,000 | $34,430,000 | 28.4% | 0.8% |
| AMERISAVE MORTGAGE CORPORATION | $23,240,000 | $34,115,000 | 46.8% | 0.8% |
| KeyBank | $33,110,000 | n/a | 0.8% | |
| GUARANTY HOME MORTGAGE CORPORATION | $3,970,000 | $32,340,000 | 714.6% | 0.7% |
| First Commercial Bank | $35,160,000 | $31,935,000 | -9.2% | 0.7% |
| CALIBER HOME LOANS, INC. | $30,730,000 | $29,585,000 | -3.7% | 0.7% |
| The First, A National Banking Association | $49,070,000 | $27,515,000 | -43.9% | 0.6% |
| GREYSTONE SERVICING COMPANY LLC | $19,675,000 | $26,610,000 | 35.2% | 0.6% |
| WALKER & DUNLOP, LLC | $26,610,000 | n/a | 0.6% | |
| ANGEL OAK HOME LOANS LLC | $48,185,000 | $25,400,000 | -47.3% | 0.6% |
| FIDELITY BANK | $31,545,000 | $24,875,000 | -21.1% | 0.6% |
| PRUDENTIAL MULTIFAMILY MORTGAGE, LLC | $34,805,000 | $23,310,000 | -33.0% | 0.5% |
| BETTER MORTGAGE CORPORATION | $10,850,000 | $22,560,000 | 107.9% | 0.5% |
| Magnolia Bank | $52,005,000 | $19,380,000 | -62.7% | 0.4% |
| HOME POINT FINANCIAL CORPORATION | $7,685,000 | $19,030,000 | 147.6% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $11,910,000 | $18,950,000 | 59.1% | 0.4% |
| The Citizens National Bank of Meridian | $38,640,000 | $18,920,000 | -51.0% | 0.4% |
| LAKEVIEW LOAN SERVICING, LLC | $9,085,000 | $18,050,000 | 98.7% | 0.4% |
| Copiah Bank | $15,710,000 | $18,005,000 | 14.6% | 0.4% |
| Bank of Yazoo City | $15,915,000 | $17,485,000 | 9.9% | 0.4% |
| JPMorgan Chase Bank | $13,325,000 | $17,090,000 | 28.3% | 0.4% |
| NEWREZ LLC | $7,700,000 | $17,055,000 | 121.5% | 0.4% |
| Flagstar Bank, FSB | $13,030,000 | $16,985,000 | 30.4% | 0.4% |
| Bank of England | $32,525,000 | $16,855,000 | -48.2% | 0.4% |
| Bank of America | $17,665,000 | $16,500,000 | -6.6% | 0.4% |
| USAA Federal Savings Bank | $24,775,000 | $15,870,000 | -35.9% | 0.4% |
| GMFS LLC | $8,095,000 | $15,035,000 | 85.7% | 0.3% |
| KEESLER | $17,520,000 | $14,985,000 | -14.5% | 0.3% |
| 21ST MORTGAGE CORPORATION | $12,080,000 | $14,260,000 | 18.0% | 0.3% |
| NEW DAY FINANCIAL, LLC | $12,740,000 | $12,845,000 | 0.8% | 0.3% |
| INTERLINC MORTGAGE SERVICES, LLC | $9,015,000 | $12,715,000 | 41.0% | 0.3% |
| ORIX REAL ESTATE CAPITAL, LLC | $3,990,000 | $12,700,000 | 218.3% | 0.3% |
| Peoples Bank | $17,830,000 | $12,360,000 | -30.7% | 0.3% |
| SUCCESS MORTGAGE PARTNERS, INC. | $11,875,000 | n/a | 0.3% | |
| MOVEMENT MORTGAGE, LLC | $530,000 | $11,725,000 | 2,112.3% | 0.3% |
| Truist Bank | $14,595,000 | $11,725,000 | -19.7% | 0.3% |
| CORNERSTONE HOME LENDING, INC. | $13,930,000 | $10,960,000 | -21.3% | 0.3% |
| COMMUNITY MORTGAGE CORPORATION | $9,315,000 | $10,900,000 | 17.0% | 0.3% |
| BROKER SOLUTIONS, INC. | $5,785,000 | $10,650,000 | 84.1% | 0.2% |
| Carrington Mortgage Services, LLC | $8,850,000 | $10,170,000 | 14.9% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $6,165,000 | $8,430,000 | 36.7% | 0.2% |
| MORTGAGE ACCESS CORP. | $6,960,000 | $8,215,000 | 18.0% | 0.2% |
| Ally Bank | $1,135,000 | $7,895,000 | 595.6% | 0.2% |
| Hometown Lenders, Inc. | $7,170,000 | $7,870,000 | 9.8% | 0.2% |
| Lakeview Community Capital, LLC | $3,340,000 | $7,820,000 | 134.1% | 0.2% |
| U.S. Bank | $10,030,000 | $7,555,000 | -24.7% | 0.2% |
| Liberty Bank and Trust Company | $6,285,000 | $7,525,000 | 19.7% | 0.2% |
| Hamilton Mortgage Corporation | $14,455,000 | $7,250,000 | -49.8% | 0.2% |
| Hancock Whitney Bank | $6,520,000 | $6,935,000 | 6.4% | 0.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $5,700,000 | $6,915,000 | 21.3% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $2,235,000 | $6,805,000 | 204.5% | 0.2% |
| RIVERTRUST Federal Credit Union | $7,240,000 | $6,765,000 | -6.6% | 0.2% |
| VILLAGE CAPITAL & INVESTMENT LLC | $7,550,000 | $6,530,000 | -13.5% | 0.2% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $2,955,000 | $6,305,000 | 113.4% | 0.1% |
| First Guaranty Mortgage Corporation | $3,355,000 | $6,235,000 | 85.8% | 0.1% |
| Southern Bancorp Bank | $5,685,000 | $6,110,000 | 7.5% | 0.1% |
| The Federal Savings Bank | $7,745,000 | $5,970,000 | -22.9% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $1,300,000 | $5,895,000 | 353.5% | 0.1% |
| Citizens Bank | $835,000 | $5,750,000 | 588.6% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,400,000 | $5,350,000 | 122.9% | 0.1% |
| FirstBank | $3,330,000 | $5,320,000 | 59.8% | 0.1% |
| Ixonia Bank | $5,210,000 | n/a | 0.1% | |
| Wyndham Capital Mortgage, Inc. | $2,915,000 | $5,110,000 | 75.3% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $4,345,000 | $4,895,000 | 12.7% | 0.1% |
| CRESCENT MORTGAGE COMPANY | $3,675,000 | $4,795,000 | 30.5% | 0.1% |
| EVERETT FINANCIAL, INC. | $20,995,000 | $4,780,000 | -77.2% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $8,205,000 | $4,750,000 | -42.1% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $4,885,000 | $4,555,000 | -6.8% | 0.1% |
| COREVEST AMERICAN FINANCE LENDER LLC | $1,045,000 | $4,455,000 | 326.3% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $3,445,000 | $4,085,000 | 18.6% | 0.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $835,000 | $3,950,000 | 373.1% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $2,280,000 | $3,720,000 | 63.2% | 0.1% |
| Reliant Bank | $2,775,000 | $3,695,000 | 33.2% | 0.1% |
| MUTUAL | $4,240,000 | $3,625,000 | -14.5% | 0.1% |
| First Bank | $5,985,000 | $3,550,000 | -40.7% | 0.1% |
| South State Bank | $895,000 | $3,505,000 | 291.6% | 0.1% |
| Nations Lending Corporation | $1,460,000 | $3,430,000 | 134.9% | 0.1% |
| Guaranty Bank and Trust Company | $3,540,000 | $3,195,000 | -9.7% | 0.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $275,000 | $3,170,000 | 1,052.7% | 0.1% |
| HOPE FEDERAL CREDIT UNION | $5,495,000 | $3,155,000 | -42.6% | 0.1% |
| Stifel Bank and Trust | $1,870,000 | $3,110,000 | 66.3% | 0.1% |
| BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $3,020,000 | n/a | 0.1% | |
| Chicago Mortgage Solutions LLC | $1,095,000 | $2,990,000 | 173.1% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,500,000 | $2,960,000 | 18.4% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $2,470,000 | $2,920,000 | 18.2% | 0.1% |
| Capitol Federal Savings Bank | $1,090,000 | $2,765,000 | 153.7% | 0.1% |
| GUARANTEED RATE, INC. | $1,620,000 | $2,710,000 | 67.3% | 0.1% |
| AMERICAN FINANCING CORPORATION | $1,335,000 | $2,645,000 | 98.1% | 0.1% |
| EMBRACE HOME LOANS, INC. | $1,720,000 | $2,610,000 | 51.7% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $2,585,000 | $2,555,000 | -1.2% | 0.1% |
| Manufacturers and Traders Trust Company | $610,000 | $2,510,000 | 311.5% | 0.1% |
| Morgan Stanley Private Bank | $865,000 | $2,500,000 | 189.0% | 0.1% |
| The Citizens Bank of Philadelphia, Mississippi | $15,570,000 | $2,405,000 | -84.6% | 0.1% |
| Blue Ridge Bank | $1,505,000 | $2,390,000 | 58.8% | 0.1% |
| LIMA ONE CAPITAL, LLC | $725,000 | $2,380,000 | 228.3% | 0.1% |
| Charles Schwab Bank, SSB | $440,000 | $2,300,000 | 422.7% | 0.1% |
| ZILLOW HOME LOANS, LLC | $1,270,000 | $2,275,000 | 79.1% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $880,000 | $2,220,000 | 152.3% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,735,000 | $2,180,000 | 25.6% | 0.1% |
| North American Savings Bank, F.S.B. | $2,515,000 | $2,170,000 | -13.7% | 0.1% |
| BNC National Bank | $1,560,000 | $2,100,000 | 34.6% | 0.0% |
| Triumph Bank | $620,000 | $2,080,000 | 235.5% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $450,000 | $2,030,000 | 351.1% | 0.0% |
| Quontic Bank | $2,020,000 | n/a | 0.0% | |
| PREMIA MORTGAGE, LLC | $1,205,000 | $1,985,000 | 64.7% | 0.0% |
| NBKC BANK | $805,000 | $1,945,000 | 141.6% | 0.0% |
| PNC Bank | $1,070,000 | $1,945,000 | 81.8% | 0.0% |
| AMERICAN FINANCIAL NETWORK, INC. | $135,000 | $1,825,000 | 1,251.9% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $1,815,000 | n/a | 0.0% | |
| Colonial Savings, F.A. | $1,765,000 | $1,810,000 | 2.5% | 0.0% |
| Paramount Residential Mortgage Group, Inc. | $1,335,000 | $1,810,000 | 35.6% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,350,000 | $1,795,000 | 33.0% | 0.0% |
| First Savings Bank | $135,000 | $1,770,000 | 1,211.1% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,380,000 | $1,760,000 | 27.5% | 0.0% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $265,000 | $1,740,000 | 556.6% | 0.0% |
| Watermark Capital, Inc. | $1,930,000 | $1,700,000 | -11.9% | 0.0% |
| PHH Mortgage Corporation | $685,000 | $1,575,000 | 129.9% | 0.0% |
| Arvest Bank | $945,000 | $1,570,000 | 66.1% | 0.0% |
| Farmers Bank & Trust | $395,000 | $1,445,000 | 265.8% | 0.0% |
| Grand Bank for Savings, FSB | $1,230,000 | $1,430,000 | 16.3% | 0.0% |
| Citibank | $720,000 | $1,345,000 | 86.8% | 0.0% |
| SOFI LENDING CORP. | $270,000 | $1,320,000 | 388.9% | 0.0% |
| Assurance Financial Group, L.L.C. | $5,365,000 | $1,310,000 | -75.6% | 0.0% |
| TIAA, FSB | $2,255,000 | $1,295,000 | -42.6% | 0.0% |
| Northpointe Bank | $1,985,000 | $1,270,000 | -36.0% | 0.0% |
| CMG MORTGAGE, INC. | $2,180,000 | $1,265,000 | -42.0% | 0.0% |
| MICHIGAN MUTUAL, INC. | $355,000 | $1,265,000 | 256.3% | 0.0% |
| Red River Bank | $410,000 | $1,260,000 | 207.3% | 0.0% |
| Independent Bank | $355,000 | $1,245,000 | 250.7% | 0.0% |
| GENEVA FINANCIAL, LLC | $495,000 | $1,150,000 | 132.3% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $1,745,000 | $1,140,000 | -34.7% | 0.0% |
| FLAT BRANCH MORTGAGE, INC. | $690,000 | $1,130,000 | 63.8% | 0.0% |
| AMCAP MORTGAGE, LTD. | $1,125,000 | n/a | 0.0% | |
| GUARANTEED RATE AFFINITY, LLC | $4,220,000 | $1,110,000 | -73.7% | 0.0% |
| SILVER HILL FUNDING, LLC | $1,110,000 | n/a | 0.0% | |
| KS StateBank | $355,000 | $1,105,000 | 211.3% | 0.0% |
| Gateway First Bank | $865,000 | $1,100,000 | 27.2% | 0.0% |
| Discover Bank | $600,000 | $1,095,000 | 82.5% | 0.0% |
| Paramount Bank | $590,000 | $1,055,000 | 78.8% | 0.0% |
| InterContinental Capital Group, Inc | $1,045,000 | $1,050,000 | 0.5% | 0.0% |
| The Huntington National Bank | $1,285,000 | $1,015,000 | -21.0% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $405,000 | $1,010,000 | 149.4% | 0.0% |
| Austin Capital Bank SSB | $890,000 | $990,000 | 11.2% | 0.0% |
| The Bank of Forest | $860,000 | $980,000 | 14.0% | 0.0% |
| First South Farm Credit, ACA | $1,615,000 | $975,000 | -39.6% | 0.0% |
| BAYSHORE MORTGAGE FUNDING, LLC | $800,000 | $970,000 | 21.3% | 0.0% |
| LENDERFI, INC. | $185,000 | $950,000 | 413.5% | 0.0% |
| Cadence Bank, N.A. | $2,475,000 | $945,000 | -61.8% | 0.0% |
| DELMAR FINANCIAL COMPANY | $845,000 | $895,000 | 5.9% | 0.0% |
| Baxter Credit Union | $740,000 | $880,000 | 18.9% | 0.0% |
| Low VA Rates, LLC | $890,000 | $870,000 | -2.2% | 0.0% |
| Florida Capital Bank | $540,000 | $830,000 | 53.7% | 0.0% |
| IMPAC MORTGAGE CORP. | $730,000 | $825,000 | 13.0% | 0.0% |
| CHEVRON | $115,000 | $815,000 | 608.7% | 0.0% |
| Eagle Bank and Trust Company | $1,715,000 | $805,000 | -53.1% | 0.0% |
| GUILD MORTGAGE COMPANY | $305,000 | $795,000 | 160.7% | 0.0% |
| AMERICAN ADVISORS GROUP | $990,000 | $780,000 | -21.2% | 0.0% |
| Capital City Home Loans, LLC | $145,000 | $755,000 | 420.7% | 0.0% |
| HOMESTAR FINANCIAL CORPORATION | $320,000 | $755,000 | 135.9% | 0.0% |
| DIGITAL Federal Credit Union | $35,000 | $750,000 | 2,042.9% | 0.0% |
| Axos Bank | $740,000 | n/a | 0.0% | |
| NP, Inc. | $315,000 | $730,000 | 131.7% | 0.0% |
| UNION HOME MORTGAGE CORP. | $295,000 | $730,000 | 147.5% | 0.0% |
| Evolve Bank & Trust | $155,000 | $720,000 | 364.5% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $205,000 | $720,000 | 251.2% | 0.0% |
| STATEWIDE FEDERAL CREDIT UNION | $1,440,000 | $715,000 | -50.3% | 0.0% |
| BARTLETT MORTGAGE, INC. | $225,000 | $710,000 | 215.6% | 0.0% |
| STANDARD MORTGAGE CORPORATION | $490,000 | $685,000 | 39.8% | 0.0% |
| HOMESTEAD FUNDING CORP. | $305,000 | $680,000 | 123.0% | 0.0% |
| SPRING EQ, LLC | $25,000 | $675,000 | 2,600.0% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $670,000 | n/a | 0.0% | |
| Republic Bank & Trust Company | $135,000 | $670,000 | 396.3% | 0.0% |
| Figure Lending LLC | $400,000 | $660,000 | 65.0% | 0.0% |
| Equity Prime Mortgage LLC | $655,000 | n/a | 0.0% | |
| LHM FINANCIAL CORPORATION | $640,000 | n/a | 0.0% | |
| RIVERLAND FEDERAL CREDIT UNION | $2,170,000 | $640,000 | -70.5% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $635,000 | n/a | 0.0% | |
| First Home Bank | $320,000 | $635,000 | 98.4% | 0.0% |
| Raymond James Bank | $4,220,000 | $625,000 | -85.2% | 0.0% |
| CapStar Bank | $620,000 | n/a | 0.0% | |
| SWBC MORTGAGE CORPORATION | $970,000 | $610,000 | -37.1% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $1,330,000 | $600,000 | -54.9% | 0.0% |
| Sunflower Bank | $595,000 | n/a | 0.0% | |
| First Federal Bank | $3,235,000 | $590,000 | -81.8% | 0.0% |
| First Internet Bank of Indiana | $590,000 | $590,000 | 0.0% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $585,000 | n/a | 0.0% | |
| Paragon Bank | $575,000 | n/a | 0.0% | |
| COUNTRYPLACE MORTGAGE, LTD. | $295,000 | $555,000 | 88.1% | 0.0% |
| Planters Bank & Trust Company | $875,000 | $550,000 | -37.1% | 0.0% |
| AgFirst Farm Credit Bank | $200,000 | $545,000 | 172.5% | 0.0% |
| CELEBRITY HOME LOANS, LLC | $545,000 | n/a | 0.0% | |
| First Federal Bank, A FSB | $145,000 | $545,000 | 275.9% | 0.0% |
| BAY EQUITY LLC | $535,000 | n/a | 0.0% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $525,000 | n/a | 0.0% | |
| FBT Mortgage, L.L.C. | $525,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $520,000 | n/a | 0.0% | |
| Farm Credit Mid-America, ACA | $515,000 | n/a | 0.0% | |
| UBS Bank USA | $515,000 | $515,000 | 0.0% | 0.0% |
| A&D Mortgage LLC | $505,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $895,000 | $500,000 | -44.1% | 0.0% |
| CSL Financial, LLC | $300,000 | $495,000 | 65.0% | 0.0% |
| Citizens Bank | $835,000 | $490,000 | -41.3% | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $4,610,000 | $480,000 | -89.6% | 0.0% |
| Capital Bank | $245,000 | $475,000 | 93.9% | 0.0% |
| CIBC Bank USA | $475,000 | n/a | 0.0% | |
| ACCELERATE MORTGAGE, LLC | $470,000 | n/a | 0.0% | |
| STEARNS LENDING, LLC | $165,000 | $470,000 | 184.8% | 0.0% |
| First Financial Bank | $1,330,000 | $460,000 | -65.4% | 0.0% |
| ServisFirst Bank | $440,000 | n/a | 0.0% | |
| Republic State Mortgage Co. | $280,000 | $435,000 | 55.4% | 0.0% |
| S1L, Inc. | $155,000 | $435,000 | 180.6% | 0.0% |
| Progress Bank and Trust | $355,000 | $425,000 | 19.7% | 0.0% |
| LENDINGONE, LLC | $410,000 | n/a | 0.0% | |
| The Union Bank Company | $410,000 | n/a | 0.0% | |
| GUIDANCE RESIDENTIAL, LLC | $515,000 | $400,000 | -22.3% | 0.0% |
| ON Q FINANCIAL, INC. | $155,000 | $395,000 | 154.8% | 0.0% |
| Simmons Bank | $395,000 | n/a | 0.0% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $55,000 | $370,000 | 572.7% | 0.0% |
| Pinnacle Bank | $370,000 | n/a | 0.0% | |
| Truity Federal Credit Union | $365,000 | n/a | 0.0% | |
| UNITED SECURITY FINANCIAL CORP | $115,000 | $365,000 | 217.4% | 0.0% |
| Merchants & Marine Bank | $345,000 | n/a | 0.0% | |
| SOUTHEAST MORTGAGE OF GEORGIA, INC. | $865,000 | $340,000 | -60.7% | 0.0% |
| Presidential Bank, FSB | $345,000 | $335,000 | -2.9% | 0.0% |
| Century Mortgage Company DBA Century Lending Company | $325,000 | n/a | 0.0% | |
| Core Bank | $325,000 | n/a | 0.0% | |
| Meridian Bank Corporation | $325,000 | n/a | 0.0% | |
| PANORAMA MORTGAGE GROUP, LLC | $320,000 | n/a | 0.0% | |
| SouthPoint Bank | $65,000 | $320,000 | 392.3% | 0.0% |
| OCEANSIDE MORTGAGE COMPANY | $1,575,000 | $315,000 | -80.0% | 0.0% |
| SIRVA MORTGAGE, INC. | $860,000 | $315,000 | -63.4% | 0.0% |
| Deere Employees Credit Union | $465,000 | $310,000 | -33.3% | 0.0% |
| Northwest Federal Credit Union | $305,000 | n/a | 0.0% | |
| REVERSE MORTGAGE FUNDING LLC | $305,000 | n/a | 0.0% | |
| DAS Acquisition Company, LLC | $95,000 | $300,000 | 215.8% | 0.0% |
| Visio Financial Services Inc. | $215,000 | $300,000 | 39.5% | 0.0% |
| CU COMMUNITY, LLC | $290,000 | n/a | 0.0% | |
| DATA MORTGAGE, INC. | $275,000 | n/a | 0.0% | |
| LEADERONE FINANCIAL CORPORATION | $270,000 | n/a | 0.0% | |
| First Federal Bank of Kansas City | $1,540,000 | $265,000 | -82.8% | 0.0% |
| Pelican State Credit Union | $265,000 | n/a | 0.0% | |
| Goldwater Bank, N.A. | $260,000 | n/a | 0.0% | |
| First National Bank of America | $75,000 | $255,000 | 240.0% | 0.0% |
| First Option Mortgage, LLC | $255,000 | n/a | 0.0% | |
| JUSTICE Federal Credit Union | $300,000 | $250,000 | -16.7% | 0.0% |
| 1st Franklin Financial Corporation | $25,000 | $245,000 | 880.0% | 0.0% |
| CIS Financial Services, Inc. | $135,000 | $245,000 | 81.5% | 0.0% |
| FBC MORTGAGE, LLC | $245,000 | n/a | 0.0% | |
| Financial Federal Bank | $245,000 | n/a | 0.0% | |
| Great Southern Bank | $235,000 | n/a | 0.0% | |
| GSF Mortgage Corporation | $235,000 | n/a | 0.0% | |
| Guaranty Bank & Trust Company of Delhi, Louisiana | $235,000 | n/a | 0.0% | |
| Magnolia State Bank | $405,000 | $230,000 | -43.2% | 0.0% |
| First Guaranty Bank | $225,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $220,000 | n/a | 0.0% | |
| AMERICAN HOME LENDING USA, LLC | $215,000 | n/a | 0.0% | |
| HIWAY | $215,000 | n/a | 0.0% | |
| First Federal Savings and Loan Association | $205,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $205,000 | n/a | 0.0% | |
| LAND HOME FINANCIAL SERVICES, INC. | $290,000 | $205,000 | -29.3% | 0.0% |
| MORIA DEVELOPMENT, INC. | $175,000 | $205,000 | 17.1% | 0.0% |
| Plains Commerce Bank | $430,000 | $205,000 | -52.3% | 0.0% |
| FINANCE OF AMERICA COMMERCIAL LLC | $505,000 | $200,000 | -60.4% | 0.0% |
| Secured Investment Corp. | $45,000 | $200,000 | 344.4% | 0.0% |
| BECKAM FUNDING CORP. | $195,000 | n/a | 0.0% | |
| INLANTA MORTGAGE, INC. | $195,000 | n/a | 0.0% | |
| STOCKTON MORTGAGE CORPORATION | $190,000 | n/a | 0.0% | |
| Ameris Bank | $650,000 | $185,000 | -71.5% | 0.0% |
| EMM LOANS LLC | $115,000 | $185,000 | 60.9% | 0.0% |
| Heritage South Credit Union | $185,000 | n/a | 0.0% | |
| HOMELAND BANCSHARES, INC. | $45,000 | $185,000 | 311.1% | 0.0% |
| Patriot Bank | $510,000 | $185,000 | -63.7% | 0.0% |
| FIRST SOUTH FINANCIAL | $175,000 | n/a | 0.0% | |
| Southwest Airlines Federal Credit Union | $175,000 | n/a | 0.0% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $865,000 | $175,000 | -79.8% | 0.0% |
| Wilmington Savings Fund Society, FSB | $175,000 | n/a | 0.0% | |
| UNITED | $165,000 | n/a | 0.0% | |
| Citizens Bank & Trust Company of Vivian, Louisiana | $250,000 | $155,000 | -38.0% | 0.0% |
| Citizens Union Bank of Shelbyville | $155,000 | n/a | 0.0% | |
| First National Bank of Omaha | $155,000 | n/a | 0.0% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $2,410,000 | $155,000 | -93.6% | 0.0% |
| VAN DYK MORTGAGE CORPORATION | $155,000 | n/a | 0.0% | |
| Wolfe Financial, Inc | $155,000 | $155,000 | 0.0% | 0.0% |
| Brighton Bank | $150,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $480,000 | $145,000 | -69.8% | 0.0% |
| ACOPIA, LLC | $175,000 | $135,000 | -22.9% | 0.0% |
| The City National Bank of Sulphur Springs | $125,000 | n/a | 0.0% | |
| Traditions Bank | $125,000 | n/a | 0.0% | |
| United States Senate Federal Credit Union | $65,000 | $120,000 | 84.6% | 0.0% |
| City Bank | $735,000 | $115,000 | -84.4% | 0.0% |
| Gulf Coast Bank and Trust Company | $115,000 | n/a | 0.0% | |
| AmRes Corporation | $105,000 | n/a | 0.0% | |
| Cross Keys Bank | $135,000 | $105,000 | -22.2% | 0.0% |
| Great Southern Bank | $105,000 | n/a | 0.0% | |
| BLUELEAF LENDING, LLC | $95,000 | n/a | 0.0% | |
| HARVESTERS FEDERAL CREDIT UNION | $95,000 | n/a | 0.0% | |
| STAR ONE CREDIT UNION | $95,000 | n/a | 0.0% | |
| KELLER MORTGAGE, LLC | $1,190,000 | $75,000 | -93.7% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $75,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $25,000 | $65,000 | 160.0% | 0.0% |
| TCF National Bank | $65,000 | $65,000 | 0.0% | 0.0% |
| The State Bank and Trust Company | $65,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $55,000 | n/a | 0.0% | |
| Concordia Bank and Trust Company | $55,000 | n/a | 0.0% | |
| FEDEX EMPLOYEES CREDIT ASSOCIATION | $175,000 | $55,000 | -68.6% | 0.0% |
| N R L Federal Credit Union | $55,000 | n/a | 0.0% | |
| RBC Bank, (Georgia) | $115,000 | $55,000 | -52.2% | 0.0% |
| FEDCHOICE Federal Credit Union | $35,000 | n/a | 0.0% | |
| NUMARK CREDIT UNION | $35,000 | n/a | 0.0% | |
| b1BANK | $15,000 | $25,000 | 66.7% | 0.0% |
JACKSON's top lender by overall market share is Trustmark National Bank, with 12.7% market share. In second place, with 8.1%, is BankPlus, having originated $349,150,000 in loans. In third place, with 6.8%, is BancorpSouth Bank, having originated $293,465,000 in loans. In third place, with 6.3%, is QUICKEN LOANS, LLC, having originated $271,875,000 in loans. In third place, with 4.0%, is Community Bank of Mississippi, having originated $173,295,000 in loans.
JACKSON, MS Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 8,648 | $2,236,530,000 | $258,618 |
| Refi | 7,077 | $1,492,705,000 | $210,923 |
| Cash Out Refi | 2,173 | $457,445,000 | $210,513 |
| Other | 975 | $88,425,000 | $90,692 |
| Home Improvement | 555 | $38,835,000 | $69,973 |
| NA | 1 | $215,000 | $215,000 |
Jackson's most frequently cited loan purpose was Home Purchase, with 8,648 originations. The 2nd most popular reason was Refi, with 7,077 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 6,720 | $1,593,150,000 | $237,076 |
| 3-4% | 6,463 | $1,510,525,000 | $233,719 |
| <2.5% | 4,130 | $837,130,000 | $202,695 |
| 4-5% | 894 | $158,970,000 | $177,819 |
| 5-6% | 262 | $35,360,000 | $134,962 |
| Over 8% | 226 | $16,030,000 | $70,929 |
| 6-7% | 136 | $12,860,000 | $94,559 |
| 7-8% | 119 | $9,415,000 | $79,118 |
During 2021, Jackson's most frequently originated rate bucket was 2.5-3%, with 6,720 originations.
Loan Sizing (JACKSON, MS MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 7,121 | $1,073,305,000 | $150,724 |
| $200k-400k | 6,884 | $1,852,460,000 | $269,096 |
| $100,000 or less | 3,942 | $213,570,000 | $54,178 |
| $400k-600k | 1,205 | $578,125,000 | $479,772 |
| $600k-1000k | 193 | $141,765,000 | $734,534 |
| $Over $1MM | 84 | $454,930,000 | $5,415,833 |
JACKSON's loan sizing saw the bucket of loans from $100k-200k with 7,121 originations, totaling $1,073,305,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 8,133 | $1,917,255,000 | $235,738 |
| 60-80% | 5,539 | $1,504,375,000 | $271,597 |
| 40-60% | 1,849 | $375,515,000 | $203,091 |
| Under 20% | 1,308 | $50,800,000 | $38,838 |
| 20-40% | 1,207 | $147,755,000 | $122,415 |
| Over 100% | 324 | $107,220,000 | $330,926 |
JACKSON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 8,133 originations, totaling $1,917,255,000 in origination value.
