Mortgage lending in Madison County
2,962 mortgages were originated in Madison County, Mississippi, in 2025.
30-year fixed, this week
6.71%
Freddie Mac's survey average for the week of September 3, 2026 — a year earlier it was 6.56%, and the past year ranged 5.98–6.71%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 2,962
- Median rate
- 6.740%
- Median lender fees
- $5,078
The going rate is the federal "average prime offer rate" for a comparable loan; 0.5 means half a percentage point above it.
- Median loan amount
- $245,000
- Above the going rate (spread over APOR)
- 0.254
- Paid discount points
- 27.4%
- Received lender credits
- 17.7%
- Purchases / refinances
- 54.2% / 27.8%
- Conventional / FHA / VA
- 78.8% / 14.3% / 6.3%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 62.9% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $541,287
- Median home price
- $327,000
- That home, 20% down
- $261,600
A median-priced home with 20% down leaves $571,150 of room under the conforming limit, so the ceiling rarely binds on an ordinary purchase.
Borrow more than $832,750 and the loan becomes jumbo — outside agency rules, priced by each lender on its own terms. How limits work
Median price is HUD's figure for the 2026 limit calculation, not a live market quote.
Who lent here
Lenders with at least 50 loans in Madison County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Trustmark National Bank | 367 | $4,813 | 7.000% |
| BankPlus | 320 | $3,987 | 6.500% |
| Cadence Bank | 235 | $5,309 | 7.000% |
| United Shore Financial Services, LLC | 154 | $5,716 | 6.500% |
| Rocket Mortgage, LLC | 137 | $5,528 | 6.750% |
| Regions Bank | 124 | — | 4.990% |
| Community Bank of Mississippi | 124 | — | 7.125% |
| Renasant Bank | 118 | $4,901 | 6.990% |
| PriorityOne Bank | 93 | — | 6.990% |
| American Mortgage Bank, LLC | 88 | $9,166 | 6.490% |
What lenders charged here
Lender fees on a $245,000 loan, based on what was actually charged in Madison County — not a rule of thumb.
From 1,862 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, taxes and the escrow deposit your lender collects up front for future tax and insurance bills are extra and not in these figures. Compare two offers