JACKSON Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Jackson averaged
6.91%
for the week of 2025-07-10, compared to the national average of
6.72% for the same period.
The average rate for the prior week (2025-07-03) was
6.76% and
one month ago for the week of 2025-06-05, the
average rate was 7.24%.
Jackson's average rate one year ago was 7.14%.
For refis of the same type during the week of 2025-07-10, the average rate
was 7.2%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-10 | 6.72% |
| Jackson 30 Year Fixed Rate | 2025-07-10 | 6.91% |
| Jackson 30 Year Fixed Rate Refi | 2025-07-10 | 7.2% |
| Jackson 15 Year Fixed Rate | 2025-07-10 | 6.23% |
| Jackson 15 Year Fixed Rate Refi | 2025-07-10 | 6.64% |
| Jackson 30 Year FHA | 2025-07-10 | 6.61% |
| Jackson 30 Year FHA Refi | 2025-07-10 | 6.17% |
| Jackson 30 Year USDA | 2025-07-10 | 6.35% |
| Jackson 30 Year USDA Refi | 2025-07-10 | 6.45% |
| Jackson 30 Year VA | 2025-07-10 | 6.46% |
| Jackson 30 Year VA Refi | 2025-07-10 | 5.93% |
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.).
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.