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
6.83%
for the week of 2023-09-14, compared to the national average of
7.18% for the same period.
The average rate for the prior week (2023-09-07) was
6.87% and
one month ago for the week of 2023-08-10, the
average rate was 6.61%.
Jackson's average rate one year ago was 5.44%.
For refis of the same type during the week of 2023-09-14, the average rate
was 6.69%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-09-14 | 7.18% |
| Jackson 30 Year Fixed Rate | 2023-09-14 | 6.83% |
| Jackson 30 Year Fixed Rate Refi | 2023-09-14 | 6.69% |
| Jackson 15 Year Fixed Rate | 2023-09-14 | 6.89% |
| Jackson 15 Year Fixed Rate Refi | 2023-09-14 | 6.09% |
| Jackson 30 Year FHA | 2023-09-14 | 6.53% |
| Jackson 30 Year FHA Refi | 2023-09-14 | 5.61% |
| Jackson 30 Year USDA | 2023-09-14 | 6.13% |
| Jackson 30 Year USDA Refi | 2023-09-14 | 7.08% |
| Jackson 30 Year VA | 2023-09-14 | 6.51% |
| Jackson 30 Year VA Refi | 2023-09-14 | 6.71% |
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.).
JACKSON Average Closing Costs & Other Stats
JACKSON, MS's 174 lenders originated 13,044
loans during 2022. The total origination value was $3,046,580,000, with an average loan value of
$233,562.
JACKSON's average closing costs are $4,593.
The top JACKSON lender as defined by loan originations is Trustmark National Bank, with
579 loans originated. Their average total fees are
$3,699, which is $851
lower than the next largest lender,
BancorpSouth.
The lowest fee JACKSON lenders (with over 10 loans originated) are
EVERETT FINANCIAL, INC. ($2,131), JPMorgan Chase Bank ($3,340), Ally Bank ($3,419), Mortgage Research Center, LLC ($3,439) and KEESLER ($3,464).
The lowest rate JACKSON lenders (with over 10 loans originated) are
RIVERTRUST Federal Credit Union (3.70%), Bank of America (3.88%), HOME POINT FINANCIAL CORPORATION (4.20%), AMERISAVE MORTGAGE CORPORATION (4.27%) and KEESLER (4.28%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| Trustmark National Bank | $547,055,000 | $328,375,000 | -40.0% | 10.8% |
| BankPlus | $349,150,000 | $280,865,000 | -19.6% | 9.2% |
| BancorpSouth Bank | $293,465,000 | $227,250,000 | -22.6% | 7.5% |
| Community Bank of Mississippi | $173,295,000 | $145,285,000 | -16.2% | 4.8% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $164,935,000 | $129,705,000 | -21.4% | 4.3% |
| QUICKEN LOANS, LLC | $271,875,000 | $116,360,000 | -57.2% | 3.8% |
| Renasant Bank | $140,635,000 | $90,130,000 | -35.9% | 3.0% |
| Flagstar Bank, FSB | $16,985,000 | $74,765,000 | 340.2% | 2.5% |
| Regions Bank | $110,130,000 | $74,475,000 | -32.4% | 2.4% |
| LOANDEPOT.COM, LLC | $57,535,000 | $65,280,000 | 13.5% | 2.1% |
| GREYSTONE SERVICING COMPANY LLC | $26,610,000 | $63,980,000 | 140.4% | 2.1% |
| Merchants Bank of Indiana | $56,060,000 | n/a | 1.8% | |
| OPEN MORTGAGE, LLC | $76,745,000 | $54,115,000 | -29.5% | 1.8% |
| Origin Bank | $51,785,000 | $53,915,000 | 4.1% | 1.8% |
| PriorityOne Bank | $70,130,000 | $52,780,000 | -24.7% | 1.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $56,155,000 | $52,565,000 | -6.4% | 1.7% |
| First Horizon Bank | $137,870,000 | $51,555,000 | -62.6% | 1.7% |
| Mortgage Research Center, LLC | $57,155,000 | $47,290,000 | -17.3% | 1.6% |
| Valley National Bank | $44,510,000 | n/a | 1.5% | |
| Wells Fargo Bank | $59,180,000 | $41,660,000 | -29.6% | 1.4% |
| BankFirst Financial Services | $44,995,000 | $37,425,000 | -16.8% | 1.2% |
| First Commercial Bank | $31,935,000 | $37,220,000 | 16.5% | 1.2% |
| PLANET HOME LENDING, LLC | $48,760,000 | $37,055,000 | -24.0% | 1.2% |
| The First, A National Banking Association | $27,515,000 | $27,665,000 | 0.5% | 0.9% |
| EVANSVILLE TEACHERS | $53,180,000 | $26,470,000 | -50.2% | 0.9% |
| Southern Bank | $26,075,000 | n/a | 0.9% | |
| GUARANTY HOME MORTGAGE CORPORATION | $32,340,000 | $25,295,000 | -21.8% | 0.8% |
| Guaranty Bank and Trust Company | $3,195,000 | $19,880,000 | 522.2% | 0.7% |
| KEESLER | $14,985,000 | $18,795,000 | 25.4% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $18,950,000 | $17,595,000 | -7.2% | 0.6% |
| Bank of England | $16,855,000 | $17,405,000 | 3.3% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $34,430,000 | $17,355,000 | -49.6% | 0.6% |
| PENNYMAC LOAN SERVICES, LLC | $41,000,000 | $17,110,000 | -58.3% | 0.6% |
| WALKER & DUNLOP, LLC | $26,610,000 | $17,080,000 | -35.8% | 0.6% |
| AMERISAVE MORTGAGE CORPORATION | $34,115,000 | $16,805,000 | -50.7% | 0.6% |
| EVERETT FINANCIAL, INC. | $4,780,000 | $16,620,000 | 247.7% | 0.5% |
| CALIBER HOME LOANS, INC. | $29,585,000 | $16,400,000 | -44.6% | 0.5% |
| ANGEL OAK HOME LOANS LLC | $25,400,000 | $16,030,000 | -36.9% | 0.5% |
| READYCAP COMMERCIAL, LLC | $15,855,000 | n/a | 0.5% | |
| Copiah Bank | $18,005,000 | $15,245,000 | -15.3% | 0.5% |
| Bank of America | $16,500,000 | $14,305,000 | -13.3% | 0.5% |
| FIDELITY BANK | $24,875,000 | $14,305,000 | -42.5% | 0.5% |
| USAA Federal Savings Bank | $15,870,000 | $13,610,000 | -14.2% | 0.4% |
| JPMorgan Chase Bank | $17,090,000 | $13,315,000 | -22.1% | 0.4% |
| Ixonia Bank | $5,210,000 | $13,200,000 | 153.4% | 0.4% |
| Arbor Realty Trust, Inc. | $37,730,000 | $12,930,000 | -65.7% | 0.4% |
| Magnolia Bank | $19,380,000 | $12,870,000 | -33.6% | 0.4% |
| MORTGAGE INVESTORS GROUP, INC. | $47,940,000 | $11,710,000 | -75.6% | 0.4% |
| Bank of Yazoo City | $17,485,000 | $11,590,000 | -33.7% | 0.4% |
| 21ST MORTGAGE CORPORATION | $14,260,000 | $11,490,000 | -19.4% | 0.4% |
| CORNERSTONE HOME LENDING, INC. | $10,960,000 | $11,320,000 | 3.3% | 0.4% |
| FREEDOM MORTGAGE CORPORATION | $82,425,000 | $11,045,000 | -86.6% | 0.4% |
| HOME POINT FINANCIAL CORPORATION | $19,030,000 | $10,935,000 | -42.5% | 0.4% |
| The Citizens National Bank of Meridian | $18,920,000 | $10,890,000 | -42.4% | 0.4% |
| RIVERTRUST Federal Credit Union | $6,765,000 | $10,625,000 | 57.1% | 0.3% |
| Peoples Bank | $12,360,000 | $9,240,000 | -25.2% | 0.3% |
| BROKER SOLUTIONS, INC. | $10,650,000 | $8,975,000 | -15.7% | 0.3% |
| Hancock Whitney Bank | $6,935,000 | $8,945,000 | 29.0% | 0.3% |
| MOVEMENT MORTGAGE, LLC | $11,725,000 | $8,880,000 | -24.3% | 0.3% |
| BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $3,020,000 | $8,555,000 | 183.3% | 0.3% |
| Southern Bancorp Bank | $6,110,000 | $8,295,000 | 35.8% | 0.3% |
| The Federal Savings Bank | $5,970,000 | $8,030,000 | 34.5% | 0.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $6,915,000 | $7,955,000 | 15.0% | 0.3% |
| ACADEMY MORTGAGE CORPORATION | $4,750,000 | $7,475,000 | 57.4% | 0.2% |
| FirstBank | $5,320,000 | $7,150,000 | 34.4% | 0.2% |
| GMFS LLC | $15,035,000 | $7,080,000 | -52.9% | 0.2% |
| Liberty Bank and Trust Company | $7,525,000 | $6,895,000 | -8.4% | 0.2% |
| U.S. Bank | $7,555,000 | $6,655,000 | -11.9% | 0.2% |
| FIRST SOUTH FINANCIAL | $175,000 | $6,215,000 | 3,451.4% | 0.2% |
| BETTER MORTGAGE CORPORATION | $22,560,000 | $6,120,000 | -72.9% | 0.2% |
| HOPE FEDERAL CREDIT UNION | $3,155,000 | $5,990,000 | 89.9% | 0.2% |
| COREVEST AMERICAN FINANCE LENDER LLC | $4,455,000 | $5,905,000 | 32.5% | 0.2% |
| NEW DAY FINANCIAL, LLC | $12,845,000 | $5,715,000 | -55.5% | 0.2% |
| Citizens Bank | $490,000 | $5,410,000 | 1,004.1% | 0.2% |
| MORTGAGE ACCESS CORP. | $8,215,000 | $5,310,000 | -35.4% | 0.2% |
| INTERLINC MORTGAGE SERVICES, LLC | $12,715,000 | $5,260,000 | -58.6% | 0.2% |
| Carrington Mortgage Services, LLC | $10,170,000 | $4,630,000 | -54.5% | 0.2% |
| First Bank | $3,550,000 | $4,530,000 | 27.6% | 0.1% |
| Pinnacle Bank | $370,000 | $4,485,000 | 1,112.2% | 0.1% |
| Hometown Lenders, Inc. | $7,870,000 | $4,335,000 | -44.9% | 0.1% |
| STOCKTON MORTGAGE CORPORATION | $190,000 | $4,235,000 | 2,128.9% | 0.1% |
| SUCCESS MORTGAGE PARTNERS, INC. | $11,875,000 | $4,140,000 | -65.1% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $4,555,000 | $4,030,000 | -11.5% | 0.1% |
| NEWREZ LLC | $17,055,000 | $3,820,000 | -77.6% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $4,895,000 | $3,565,000 | -27.2% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $4,085,000 | $3,420,000 | -16.3% | 0.1% |
| Planters Bank & Trust Company | $550,000 | $3,240,000 | 489.1% | 0.1% |
| NBKC BANK | $1,945,000 | $3,220,000 | 65.6% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $2,555,000 | $3,215,000 | 25.8% | 0.1% |
| MUTUAL | $3,625,000 | $3,165,000 | -12.7% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $5,350,000 | $3,085,000 | -42.3% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $18,050,000 | $3,005,000 | -83.4% | 0.1% |
| AMERICAN FINANCING CORPORATION | $2,645,000 | $2,920,000 | 10.4% | 0.1% |
| Progress Bank and Trust | $425,000 | $2,855,000 | 571.8% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $5,895,000 | $2,825,000 | -52.1% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $2,220,000 | $2,705,000 | 21.8% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $8,430,000 | $2,695,000 | -68.0% | 0.1% |
| DOMINION FINANCIAL SERVICES, LLC | $2,520,000 | n/a | 0.1% | |
| United Community Bank | $2,505,000 | n/a | 0.1% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $155,000 | $2,450,000 | 1,480.6% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $6,805,000 | $2,445,000 | -64.1% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $635,000 | $2,380,000 | 274.8% | 0.1% |
| Truist | $11,725,000 | $2,355,000 | -79.9% | 0.1% |
| CMG MORTGAGE, INC. | $1,265,000 | $2,330,000 | 84.2% | 0.1% |
| Ally Bank | $7,895,000 | $2,265,000 | -71.3% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $2,030,000 | $2,100,000 | 3.4% | 0.1% |
| Equity Prime Mortgage LLC | $655,000 | $1,970,000 | 200.8% | 0.1% |
| North American Savings Bank, F.S.B. | $2,170,000 | $1,970,000 | -9.2% | 0.1% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $6,305,000 | $1,965,000 | -68.8% | 0.1% |
| ZILLOW HOME LOANS, LLC | $2,275,000 | $1,925,000 | -15.4% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $1,815,000 | $1,905,000 | 5.0% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,960,000 | $1,890,000 | -36.1% | 0.1% |
| Discover Bank | $1,095,000 | $1,880,000 | 71.7% | 0.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $3,950,000 | $1,865,000 | -52.8% | 0.1% |
| PNC Bank | $1,945,000 | $1,850,000 | -4.9% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $6,530,000 | $1,775,000 | -72.8% | 0.1% |
| Nations Lending Corporation | $3,430,000 | $1,730,000 | -49.6% | 0.1% |
| BNC National Bank | $2,100,000 | $1,710,000 | -18.6% | 0.1% |
| Citibank | $1,345,000 | $1,685,000 | 25.3% | 0.1% |
| PREMIA MORTGAGE, LLC | $1,985,000 | $1,670,000 | -15.9% | 0.1% |
| Stifel Bank and Trust | $3,110,000 | $1,650,000 | -46.9% | 0.1% |
| Northpointe Bank | $1,270,000 | $1,605,000 | 26.4% | 0.1% |
| GUARANTEED RATE, INC. | $2,710,000 | $1,590,000 | -41.3% | 0.1% |
| Raymond James Bank | $625,000 | $1,580,000 | 152.8% | 0.1% |
| SOUTHWEST FUNDING, LP | $1,540,000 | n/a | 0.1% | |
| COUNTRYPLACE MORTGAGE, LTD. | $555,000 | $1,525,000 | 174.8% | 0.1% |
| Lakeview Community Capital, LLC | $7,820,000 | $1,475,000 | -81.1% | 0.0% |
| CRESCENT MORTGAGE COMPANY | $4,795,000 | $1,470,000 | -69.3% | 0.0% |
| GUILD MORTGAGE COMPANY | $795,000 | $1,440,000 | 81.1% | 0.0% |
| Hometown Equity Mortgage, LLC | $205,000 | $1,430,000 | 597.6% | 0.0% |
| Plains Commerce Bank | $205,000 | $1,410,000 | 587.8% | 0.0% |
| Colonial Savings, F.A. | $1,810,000 | $1,405,000 | -22.4% | 0.0% |
| The Central Trust Bank | $1,385,000 | n/a | 0.0% | |
| GUARANTEED RATE AFFINITY, LLC | $1,110,000 | $1,360,000 | 22.5% | 0.0% |
| Grand Bank for Savings, FSB | $1,430,000 | $1,355,000 | -5.2% | 0.0% |
| Wyndham Capital Mortgage, Inc. | $5,110,000 | $1,315,000 | -74.3% | 0.0% |
| First Internet Bank of Indiana | $590,000 | $1,310,000 | 122.0% | 0.0% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $1,740,000 | $1,255,000 | -27.9% | 0.0% |
| Figure Lending LLC | $660,000 | $1,130,000 | 71.2% | 0.0% |
| Paramount Residential Mortgage Group, Inc. | $1,810,000 | $1,120,000 | -38.1% | 0.0% |
| M&T Bank | $2,510,000 | $1,060,000 | -57.8% | 0.0% |
| FINANCE OF AMERICA MORTGAGE LLC | $3,170,000 | $1,030,000 | -67.5% | 0.0% |
| Morgan Stanley Private Bank | $2,500,000 | $1,030,000 | -58.8% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $2,920,000 | $1,010,000 | -65.4% | 0.0% |
| Evolve Bank & Trust | $720,000 | $1,005,000 | 39.6% | 0.0% |
| Capitol Federal Savings Bank | $2,765,000 | $995,000 | -64.0% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,795,000 | $980,000 | -45.4% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,760,000 | $980,000 | -44.3% | 0.0% |
| SILVER HILL FUNDING, LLC | $1,110,000 | $935,000 | -15.8% | 0.0% |
| DELMAR FINANCIAL COMPANY | $895,000 | $920,000 | 2.8% | 0.0% |
| Chicago Mortgage Solutions LLC | $2,990,000 | $915,000 | -69.4% | 0.0% |
| EMBRACE HOME LOANS, INC. | $2,610,000 | $915,000 | -64.9% | 0.0% |
| Blue Ridge Bank | $2,390,000 | $880,000 | -63.2% | 0.0% |
| UNION HOME MORTGAGE CORP. | $730,000 | $865,000 | 18.5% | 0.0% |
| SWBC MORTGAGE CORPORATION | $610,000 | $860,000 | 41.0% | 0.0% |
| EMM LOANS LLC | $185,000 | $810,000 | 337.8% | 0.0% |
| Deere Employees Credit Union | $310,000 | $805,000 | 159.7% | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $480,000 | $800,000 | 66.7% | 0.0% |
| First Federal Bank | $590,000 | $785,000 | 33.1% | 0.0% |
| CSL Financial, LLC | $495,000 | $775,000 | 56.6% | 0.0% |
| Simmons Bank | $395,000 | $775,000 | 96.2% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $765,000 | n/a | 0.0% | |
| Security Bank, s.b. | $765,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $1,150,000 | $715,000 | -37.8% | 0.0% |
| LIMA ONE CAPITAL, LLC | $2,380,000 | $715,000 | -70.0% | 0.0% |
| Quontic Bank | $2,020,000 | $700,000 | -65.3% | 0.0% |
| Citizens National Bank, N.A. | $690,000 | n/a | 0.0% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $685,000 | n/a | 0.0% | |
| AMERICAN HOME LENDING USA, LLC | $215,000 | $675,000 | 214.0% | 0.0% |
| First Savings Bank | $1,770,000 | $645,000 | -63.6% | 0.0% |
| MORIA DEVELOPMENT, INC. | $205,000 | $645,000 | 214.6% | 0.0% |
| FLAT BRANCH MORTGAGE, INC. | $1,130,000 | $630,000 | -44.2% | 0.0% |
| The Citizens Bank of Philadelphia, Mississippi | $2,405,000 | $625,000 | -74.0% | 0.0% |
| Citizens Bank | $490,000 | $610,000 | 24.5% | 0.0% |
| Charles Schwab Bank, SSB | $2,300,000 | $605,000 | -73.7% | 0.0% |
| Merchants & Marine Bank | $345,000 | $605,000 | 75.4% | 0.0% |
| Arvest Bank | $1,570,000 | $600,000 | -61.8% | 0.0% |
| STATEWIDE FEDERAL CREDIT UNION | $715,000 | $600,000 | -16.1% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $1,140,000 | $595,000 | -47.8% | 0.0% |
| CITIZENS EQUITY FIRST | $580,000 | n/a | 0.0% | |
| Sycamore Bank | $575,000 | n/a | 0.0% | |
| Baxter Credit Union | $880,000 | $570,000 | -35.2% | 0.0% |
| Bank of Zachary | $555,000 | n/a | 0.0% | |
| BAY EQUITY LLC | $535,000 | $555,000 | 3.7% | 0.0% |
| BMO Harris Bank | $555,000 | n/a | 0.0% | |
| Century Mortgage Company DBA Century Lending Company | $325,000 | $550,000 | 69.2% | 0.0% |
| AMERICAN ADVISORS GROUP | $780,000 | $545,000 | -30.1% | 0.0% |
| Mid-Continent Funding, Inc. | $500,000 | $540,000 | 8.0% | 0.0% |
| CHARTER WEST BANK | $535,000 | n/a | 0.0% | |
| First Financial Bank | $460,000 | $535,000 | 16.3% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $530,000 | n/a | 0.0% | |
| SeaTrust Mortgage Company | $520,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $3,720,000 | $500,000 | -86.6% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $1,010,000 | $500,000 | -50.5% | 0.0% |
| CIS Financial Services, Inc. | $245,000 | $495,000 | 102.0% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $670,000 | $495,000 | -26.1% | 0.0% |
| Republic Bank & Trust Company | $670,000 | $495,000 | -26.1% | 0.0% |
| SIRVA MORTGAGE, INC. | $315,000 | $495,000 | 57.1% | 0.0% |
| SUMMIT FUNDING, INC. | $490,000 | n/a | 0.0% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $75,000 | $490,000 | 553.3% | 0.0% |
| ACOPIA, LLC | $135,000 | $450,000 | 233.3% | 0.0% |
| Willamette Valley Bank | $445,000 | n/a | 0.0% | |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $440,000 | n/a | 0.0% | |
| SUN WEST MORTGAGE COMPANY, INC. | $2,180,000 | $415,000 | -81.0% | 0.0% |
| First Guaranty Mortgage Corporation | $6,235,000 | $410,000 | -93.4% | 0.0% |
| The Huntington National Bank | $1,015,000 | $405,000 | -60.1% | 0.0% |
| UBS Bank USA | $515,000 | $405,000 | -21.4% | 0.0% |
| NORTHROP GRUMMAN Federal Credit Union | $395,000 | n/a | 0.0% | |
| First South Farm Credit, ACA | $975,000 | $380,000 | -61.0% | 0.0% |
| GUIDANCE RESIDENTIAL, LLC | $400,000 | $380,000 | -5.0% | 0.0% |
| HOMESTAR FINANCIAL CORPORATION | $755,000 | $380,000 | -49.7% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $380,000 | n/a | 0.0% | |
| United Nations Federal Credit Union | $380,000 | n/a | 0.0% | |
| Armed Forces Bank | $370,000 | n/a | 0.0% | |
| Assurance Financial Group, L.L.C. | $1,310,000 | $370,000 | -71.8% | 0.0% |
| COMMUNITY MORTGAGE CORPORATION | $10,900,000 | $360,000 | -96.7% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $360,000 | n/a | 0.0% | |
| ACIPCO Federal Credit Union | $355,000 | n/a | 0.0% | |
| JAMES B. NUTTER & COMPANY | $355,000 | n/a | 0.0% | |
| KS StateBank | $1,105,000 | $355,000 | -67.9% | 0.0% |
| Strong Home Mortgage, LLC | $335,000 | n/a | 0.0% | |
| Axos Bank | $740,000 | $330,000 | -55.4% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $600,000 | $330,000 | -45.0% | 0.0% |
| West Town Bank & Trust | $325,000 | n/a | 0.0% | |
| First Federal Bank, A FSB | $545,000 | $320,000 | -41.3% | 0.0% |
| BECKAM FUNDING CORP. | $195,000 | $315,000 | 61.5% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $305,000 | n/a | 0.0% | |
| Home Federal Bank | $305,000 | n/a | 0.0% | |
| NAVIGATOR CU | $305,000 | n/a | 0.0% | |
| CONTOUR MORTGAGE CORPORATION | $300,000 | n/a | 0.0% | |
| APCO EMPLOYEES | $295,000 | n/a | 0.0% | |
| Orion Federal Credit Union | $290,000 | n/a | 0.0% | |
| Republic State Mortgage Co. | $435,000 | $285,000 | -34.5% | 0.0% |
| Washington Trust Bank | $285,000 | n/a | 0.0% | |
| MID AMERICA MORTGAGE, INC. | $720,000 | $280,000 | -61.1% | 0.0% |
| AMCAP MORTGAGE, LTD. | $1,125,000 | $275,000 | -75.6% | 0.0% |
| T2 FINANCIAL LLC | $275,000 | n/a | 0.0% | |
| UNITED SECURITY FINANCIAL CORP | $365,000 | $275,000 | -24.7% | 0.0% |
| Pelican State Credit Union | $265,000 | $270,000 | 1.9% | 0.0% |
| GREAT LAKES | $265,000 | n/a | 0.0% | |
| INLAND BANK & TRUST | $265,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $1,575,000 | $265,000 | -83.2% | 0.0% |
| ServisFirst Bank | $440,000 | $265,000 | -39.8% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $255,000 | n/a | 0.0% | |
| NP, Inc. | $730,000 | $255,000 | -65.1% | 0.0% |
| SOUTHEAST MORTGAGE OF GEORGIA, INC. | $340,000 | $255,000 | -25.0% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $250,000 | n/a | 0.0% | |
| F & M Bank | $245,000 | n/a | 0.0% | |
| USAlliance Federal Credit Union | $245,000 | n/a | 0.0% | |
| Secured Investment Corp. | $200,000 | $240,000 | 20.0% | 0.0% |
| Gateway First Bank | $1,100,000 | $235,000 | -78.6% | 0.0% |
| Gulf Coast Bank and Trust Company | $115,000 | $235,000 | 104.3% | 0.0% |
| America's Mortgage Resource, Inc. | $225,000 | n/a | 0.0% | |
| KeyBank | $33,110,000 | $215,000 | -99.4% | 0.0% |
| THRIVE MORTGAGE, LLC | $215,000 | n/a | 0.0% | |
| CITYWIDE HOME LOANS, LLC | $205,000 | n/a | 0.0% | |
| DIRECT MORTGAGE LOANS, LLC | $205,000 | n/a | 0.0% | |
| Prosperity Home Mortgage, LLC | $205,000 | n/a | 0.0% | |
| WESCOM CENTRAL CREDIT UNION | $205,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $520,000 | $195,000 | -62.5% | 0.0% |
| Brighton Bank | $150,000 | $195,000 | 30.0% | 0.0% |
| JEFFERSON FINANCIAL | $195,000 | n/a | 0.0% | |
| BANK OF LITTLE ROCK MORTGAGE CORPORATION | $185,000 | n/a | 0.0% | |
| City Bank | $115,000 | $185,000 | 60.9% | 0.0% |
| Concordia Bank and Trust Company | $55,000 | $185,000 | 236.4% | 0.0% |
| First National Bank of Bosque County | $185,000 | n/a | 0.0% | |
| Adams Bank & Trust | $175,000 | n/a | 0.0% | |
| BP Federal Credit Union | $175,000 | n/a | 0.0% | |
| CHEVRON | $815,000 | $175,000 | -78.5% | 0.0% |
| Relyance Bank | $175,000 | n/a | 0.0% | |
| River Bank & Trust | $175,000 | n/a | 0.0% | |
| SOFI LENDING CORP. | $1,320,000 | $175,000 | -86.7% | 0.0% |
| SOVEREIGN LENDING GROUP INCORPORATED | $175,000 | $175,000 | 0.0% | 0.0% |
| CU COMMUNITY, LLC | $290,000 | $170,000 | -41.4% | 0.0% |
| ATHAS CAPITAL GROUP, INC. | $165,000 | n/a | 0.0% | |
| First Security Bank | $165,000 | n/a | 0.0% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $370,000 | $165,000 | -55.4% | 0.0% |
| AFFINITY | $155,000 | n/a | 0.0% | |
| Fidelity Bank | $155,000 | n/a | 0.0% | |
| Texana Bank | $155,000 | n/a | 0.0% | |
| Magnolia State Bank | $230,000 | $150,000 | -34.8% | 0.0% |
| AmeriHome Mortgage Company, LLC | $145,000 | n/a | 0.0% | |
| The Bank of Holly Springs | $145,000 | n/a | 0.0% | |
| MidFirst Bank | $130,000 | n/a | 0.0% | |
| FirstTrust Home Loans, Inc. | $125,000 | n/a | 0.0% | |
| INLANTA MORTGAGE, INC. | $195,000 | $125,000 | -35.9% | 0.0% |
| Century Bank | $115,000 | n/a | 0.0% | |
| IMPAC MORTGAGE CORP. | $825,000 | $105,000 | -87.3% | 0.0% |
| BAYSHORE MORTGAGE FUNDING, LLC | $970,000 | $95,000 | -90.2% | 0.0% |
| LENDINGONE, LLC | $410,000 | $95,000 | -76.8% | 0.0% |
| OCEANSIDE MORTGAGE COMPANY | $315,000 | $95,000 | -69.8% | 0.0% |
| Amerifirst Financial, Inc. | $85,000 | n/a | 0.0% | |
| First Guaranty Bank | $225,000 | $75,000 | -66.7% | 0.0% |
| GEORGIA'S OWN | $75,000 | n/a | 0.0% | |
| Leaders Credit Union | $75,000 | n/a | 0.0% | |
| South State Bank | $3,505,000 | $75,000 | -97.9% | 0.0% |
| 1st Franklin Financial Corporation | $245,000 | $55,000 | -77.6% | 0.0% |
| Bank of Bartlett | $45,000 | n/a | 0.0% | |
| NASA Federal Credit Union | $45,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $675,000 | $35,000 | -94.8% | 0.0% |
| The First National Bank of Hartford | $35,000 | n/a | 0.0% |
JACKSON's top lender by overall market share is Trustmark National Bank, with 10.8% market share. In second place, with 9.2%, is BankPlus, having originated $280,865,000 in loans. In third place, with 7.5%, is BancorpSouth Bank, having originated $227,250,000 in loans. In fourth place, with 4.8%, is Community Bank of Mississippi, having originated $145,285,000 in loans. In fifth place, with 4.3%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $129,705,000 in loans.
JACKSON, MS Average Rent (2023)
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| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 39041 | Jackson, MS | $580 | $600 | $710 | $870 | $1,000 |
| 39042 | Jackson, MS | $840 | $870 | $1,020 | $1,260 | $1,440 |
| 39043 | Jackson, MS | $860 | $890 | $1,040 | $1,290 | $1,470 |
| 39044 | Jackson, MS | $680 | $750 | $880 | $1,100 | $1,320 |
| 39045 | Jackson, MS | $630 | $650 | $780 | $980 | $1,120 |
| 39046 | Jackson, MS | $690 | $720 | $840 | $1,040 | $1,190 |
| 39047 | Jackson, MS | $1,140 | $1,180 | $1,380 | $1,710 | $1,950 |
| 39051 | Jackson, MS | $590 | $620 | $720 | $890 | $1,030 |
| 39056 | Jackson, MS | $860 | $890 | $1,040 | $1,290 | $1,470 |
| 39059 | Jackson, MS | $640 | $670 | $780 | $960 | $1,100 |
| 39060 | Jackson, MS | $750 | $780 | $910 | $1,130 | $1,280 |
| 39066 | Jackson, MS | $580 | $600 | $710 | $870 | $1,000 |
| 39071 | Jackson, MS | $670 | $690 | $810 | $1,000 | $1,140 |
| 39073 | Jackson, MS | $670 | $710 | $830 | $1,030 | $1,200 |
| 39078 | Jackson, MS | $610 | $650 | $760 | $940 | $1,100 |
| 39079 | Jackson, MS | $720 | $760 | $900 | $1,110 | $1,290 |
| 39083 | Jackson, MS | $610 | $630 | $740 | $910 | $1,040 |
| 39086 | Jackson, MS | $640 | $670 | $780 | $960 | $1,100 |
| 39094 | Jackson, MS | $580 | $600 | $710 | $870 | $1,000 |
| 39110 | Jackson, MS | $1,170 | $1,220 | $1,420 | $1,760 | $2,000 |
| 39114 | Jackson, MS | $620 | $690 | $800 | $1,030 | $1,350 |
| 39117 | Jackson, MS | $640 | $660 | $770 | $950 | $1,090 |
| 39130 | Jackson, MS | $820 | $860 | $1,000 | $1,240 | $1,410 |
| 39144 | Jackson, MS | $640 | $670 | $780 | $960 | $1,100 |
| 39145 | Jackson, MS | $660 | $690 | $800 | $990 | $1,130 |
| 39146 | Jackson, MS | $590 | $600 | $760 | $960 | $1,100 |
| 39154 | Jackson, MS | $750 | $780 | $910 | $1,130 | $1,280 |
| 39157 | Jackson, MS | $1,010 | $1,050 | $1,220 | $1,510 | $1,720 |
| 39158 | Jackson, MS | $820 | $860 | $1,000 | $1,240 | $1,410 |
| 39167 | Jackson, MS | $860 | $890 | $1,040 | $1,290 | $1,470 |
| 39170 | Jackson, MS | $640 | $660 | $770 | $950 | $1,090 |
| 39174 | Jackson, MS | $760 | $790 | $920 | $1,140 | $1,300 |
| 39175 | Jackson, MS | $640 | $660 | $780 | $960 | $1,100 |
| 39191 | Jackson, MS | $680 | $710 | $830 | $1,030 | $1,170 |
| 39193 | Jackson, MS | $760 | $790 | $920 | $1,140 | $1,300 |
| 39201 | Jackson, MS | $1,060 | $1,100 | $1,280 | $1,580 | $1,810 |
| 39202 | Jackson, MS | $690 | $720 | $840 | $1,040 | $1,190 |
| 39203 | Jackson, MS | $590 | $620 | $720 | $890 | $1,020 |
| 39204 | Jackson, MS | $670 | $690 | $810 | $1,000 | $1,140 |
| 39205 | Jackson, MS | $750 | $780 | $910 | $1,130 | $1,280 |
| 39206 | Jackson, MS | $800 | $830 | $970 | $1,200 | $1,370 |
| 39207 | Jackson, MS | $750 | $780 | $910 | $1,130 | $1,280 |
| 39208 | Jackson, MS | $760 | $790 | $920 | $1,140 | $1,300 |
| 39209 | Jackson, MS | $680 | $700 | $820 | $1,010 | $1,160 |
| 39211 | Jackson, MS | $900 | $930 | $1,090 | $1,350 | $1,540 |
| 39212 | Jackson, MS | $780 | $810 | $950 | $1,170 | $1,340 |
| 39213 | Jackson, MS | $640 | $660 | $770 | $950 | $1,090 |
| 39215 | Jackson, MS | $750 | $780 | $910 | $1,130 | $1,280 |
| 39216 | Jackson, MS | $760 | $790 | $920 | $1,140 | $1,300 |
| 39217 | Jackson, MS | $630 | $650 | $760 | $940 | $1,080 |
| 39218 | Jackson, MS | $810 | $840 | $980 | $1,210 | $1,380 |
| 39225 | Jackson, MS | $750 | $780 | $910 | $1,130 | $1,280 |
| 39232 | Jackson, MS | $980 | $1,020 | $1,190 | $1,470 | $1,680 |
| 39236 | Jackson, MS | $750 | $780 | $910 | $1,130 | $1,280 |
| 39269 | Jackson, MS | $750 | $780 | $910 | $1,130 | $1,280 |
| 39272 | Jackson, MS | $990 | $1,030 | $1,200 | $1,480 | $1,690 |
| 39283 | Jackson, MS | $750 | $780 | $910 | $1,130 | $1,280 |
| 39284 | Jackson, MS | $750 | $780 | $910 | $1,130 | $1,280 |
| 39286 | Jackson, MS | $750 | $780 | $910 | $1,130 | $1,280 |
| 39288 | Jackson, MS | $860 | $890 | $1,040 | $1,290 | $1,470 |
| 39296 | Jackson, MS | $750 | $780 | $910 | $1,130 | $1,280 |
| 39298 | Jackson, MS | $860 | $890 | $1,040 | $1,290 | $1,470 |
| 39654 | Jackson, MS | $640 | $670 | $780 | $960 | $1,100 |
| 39668 | Jackson, MS | $640 | $670 | $780 | $960 | $1,100 |
2022 Average & Median Rent Data Statistics
JACKSON, MS average 1BR rent: $775, median: $780
JACKSON, MS average 2BR rent: $907, median: $910
JACKSON, MS average 3BR rent: $1,123, median: $1,130
JACKSON, MS Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 7,393 | $1,980,145,000 | $267,841 |
| Refi | 2,499 | $624,745,000 | $249,998 |
| Cash Out Refi | 1,354 | $262,260,000 | $193,693 |
| Other | 1,167 | $102,935,000 | $88,205 |
| Home Improvement | 630 | $67,940,000 | $107,841 |
| NA | 1 | $8,555,000 | $8,555,000 |
Jackson's most frequently cited loan purpose was Home Purchase, with 7,393 originations. The 2nd most popular reason was Refi, with 2,499 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 2,945 | $765,725,000 | $260,008 |
| 3-4% | 2,891 | $759,075,000 | $262,565 |
| 4-5% | 2,586 | $739,810,000 | $286,083 |
| 6-7% | 1,419 | $286,825,000 | $202,132 |
| <2.5% | 1,171 | $125,555,000 | $107,220 |
| 2.5-3% | 764 | $164,040,000 | $214,712 |
| 7-8% | 476 | $73,940,000 | $155,336 |
| Over 8% | 346 | $30,950,000 | $89,451 |
During 2022, Jackson's most frequently originated rate bucket was 5-6%, with 2,945 originations.
Loan Sizing (JACKSON, MS MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 4,335 | $1,184,655,000 | $273,277 |
| $100k-200k | 3,875 | $580,815,000 | $149,888 |
| $100,000 or less | 3,602 | $176,310,000 | $48,948 |
| $400k-600k | 802 | $379,730,000 | $473,479 |
| $600k-1000k | 304 | $216,480,000 | $712,105 |
| $Over $1MM | 126 | $508,590,000 | $4,036,429 |
JACKSON's loan sizing saw the bucket of loans from $200k-400k with 4,335 originations, totaling $1,184,655,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 5,575 | $1,456,305,000 | $261,221 |
| 60-80% | 2,819 | $890,525,000 | $315,901 |
| Under 20% | 1,620 | $68,270,000 | $42,142 |
| 20-40% | 1,180 | $135,380,000 | $114,729 |
| 40-60% | 1,077 | $291,115,000 | $270,302 |
| Over 100% | 285 | $97,385,000 | $341,702 |
JACKSON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 5,575 originations, totaling $1,456,305,000 in origination value.