Louisiana vs Mississippi: mortgage lending
In 2023, Mississippi had the lower mortgage denial rate of the two — 29.8% versus 30.3% in Louisiana, a gap of about 0.5 points. Louisiana originated about 54,124 loans and Mississippi about 39,047. By loan type, Louisiana was 69.5% conventional / 19.4% FHA / 7.7% VA, versus 71.0% / 17.8% / 8.5% in Mississippi. Informational data, not lending advice.
Source: HMDA Data Browser (FFIEC / CFPB). Data as of June 2026.
Louisiana vs Mississippi side by side
| Indicator | Louisiana | Mississippi |
|---|---|---|
| Total originations | 54,124 | 39,047 |
| Denial rate | 30.3% | 29.8% |
| Home-purchase denial rate | 29.9% | 30.0% |
| Refinance denial rate | 31.5% | 29.3% |
| Conventional share | 69.5% | 71.0% |
| FHA share | 19.4% | 17.8% |
| VA share | 7.7% | 8.5% |
Verdict
On denial rate alone, an application looks more likely to be approved in Mississippi than Louisiana by roughly 0.5 points — but that mostly reflects who applies and for what kind of loan, not a promise about your file. Read each state's full profile for context: Louisiana and Mississippi. To estimate a payment in either, use the mortgage calculator.
Frequently asked questions
Is it harder to get a mortgage in Louisiana or Mississippi?
By denial rate, Louisiana turned down a higher share of applications in 2023: 30.3% versus 29.8% in Mississippi, a gap of about 0.5 points. Denial rate reflects the applicant pool and loan mix as much as lender strictness, so it is a signal, not a guarantee about your own application.
Which state originates more mortgages, Louisiana or Mississippi?
Louisiana originated more — about 54,124 home-purchase and refinance loans versus 39,047 in Mississippi (HMDA 2023). Volume mostly tracks population and home values.
How do the loan-type mixes compare?
In Louisiana, conventional loans were 69.5%, FHA 19.4% and VA 7.7% of originations; in Mississippi they were 71.0%, 17.8% and 8.5%. A higher FHA/VA share usually means more first-time, lower-down-payment, or veteran buyers.
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Last updated: 2026-06-20