Top Mortgage Lenders in the Oxford, MS area

Which mortgage lender in the Oxford, MS area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Oxford, MS area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Oxford, MS area is Trustmark National Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.12%. This means that Trustmark National Bank provided a -0.12% lower interest rate for its customers than other lenders in Oxford, MS for a similar set of borrowers. Trustmark National Bank has a market share of 15.4%. On the other hand, the most popular lender in the market is Renasant Bank, with a market share of 17.8%. Renasant Bank is an average rate lender in this area, with a “Rate Difference” of +0.03% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Oxford, MS area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, the cheapest lender for Conventional mortgages in Oxford, MS is Trustmark National Bank. If you want to take out a loan that is above conforming limits (for example, above $510,400 in 2020), the cheapest Jumbo mortgage provider is Regions Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Trustmark National Bank. The cheapest VA mortgage provider is also Trustmark National Bank. Nevertheless, to get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders for your desired mortgage type and purpose.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Trustmark National Bank 1, -0.12% 15.39%
Regions Bank 2, -0.06% 16.76%
BancorpSouth Bank 3, 0.02% 13.57%
Renasant Bank 4, 0.03% 17.79%
Community Mortgage Corporation 5, 0.04% 14.94%
Flagstar Bank 6, 0.06% 6.96%
Quicken Loans 7, 0.08% 14.60%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Trustmark National Bank 1, -0.09% 14.78%
Regions Bank 2, -0.07% 23.68%
Renasant Bank 3, 0.03% 13.97%
BancorpSouth Bank 4, 0.03% 16.60%
Community Mortgage Corporation 5, 0.05% 12.96%
Quicken Loans 6, 0.07% 9.31%
Flagstar Bank 7, 0.09% 8.70%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Trustmark National Bank 1, -0.15% 16.19%
BancorpSouth Bank 2, -0.01% 9.66%
Flagstar Bank 3, -0.01% 4.70%
Regions Bank 4, 0.00% 7.83%
Community Mortgage Corporation 5, 0.02% 17.49%
Renasant Bank 6, 0.02% 22.72%
Quicken Loans 7, 0.08% 21.41%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Trustmark National Bank 1, -0.12% 16.39%
Regions Bank 2, -0.07% 16.69%
BancorpSouth Bank 3, 0.01% 13.08%
Flagstar Bank 4, 0.02% 4.96%
Renasant Bank 5, 0.03% 20.90%
Community Mortgage Corporation 6, 0.05% 16.99%
Quicken Loans 7, 0.12% 10.98%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Trustmark National Bank 1, -0.09% 14.58%
Regions Bank 2, -0.08% 25.30%
BancorpSouth Bank 3, 0.03% 15.48%
Renasant Bank 4, 0.04% 18.45%
Flagstar Bank 5, 0.04% 5.06%
Community Mortgage Corporation 6, 0.07% 14.58%
Quicken Loans 7, 0.11% 6.55%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Trustmark National Bank 1, -0.15% 18.24%
BancorpSouth Bank 2, -0.01% 10.64%
Flagstar Bank 3, -0.01% 4.86%
Regions Bank 4, 0.01% 7.90%
Community Mortgage Corporation 5, 0.02% 19.45%
Renasant Bank 6, 0.03% 23.40%
Quicken Loans 7, 0.11% 15.50%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Trustmark National Bank 1, -0.13% 10.43%
Regions Bank 2, -0.07% 14.72%
Community Mortgage Corporation 3, -0.01% 6.13%
Renasant Bank 4, 0.00% 8.59%
Quicken Loans 5, 0.02% 28.22%
BancorpSouth Bank 6, 0.03% 19.63%
Flagstar Bank 7, 0.11% 12.27%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Trustmark National Bank 1, -0.14% 12.70%
Regions Bank 2, -0.07% 19.05%
Community Mortgage Corporation 3, 0.00% 7.94%
Renasant Bank 4, 0.02% 5.56%
Quicken Loans 5, 0.02% 16.67%
BancorpSouth Bank 6, 0.03% 23.81%
Flagstar Bank 7, 0.12% 14.29%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
BancorpSouth Bank 1, -0.03% 5.41%
Renasant Bank 2, -0.02% 18.92%
Flagstar Bank 3, -0.02% 5.41%
Trustmark National Bank 4, -0.02% 2.70%
Quicken Loans 5, 0.01% 67.57%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Regions Bank 1, -0.01% 47.06%
Quicken Loans 2, 0.00% 11.76%
Trustmark National Bank 3, 0.00% 5.88%
Renasant Bank 4, 0.01% 17.65%
Community Mortgage Corporation 5, 0.01% 17.65%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Regions Bank 1, -0.00% 66.67%
Quicken Loans 2, 0.00% 16.67%
Community Mortgage Corporation 3, 0.01% 16.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Regions Bank 1, -0.01% 36.36%
Quicken Loans 2, 0.00% 9.09%
Trustmark National Bank 3, 0.00% 9.09%
Renasant Bank 4, 0.01% 27.27%
Community Mortgage Corporation 5, 0.01% 18.18%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Trustmark National Bank 1, -0.04% 25.00%
Community Mortgage Corporation 2, -0.03% 15.62%
Regions Bank 3, -0.00% 12.50%
Quicken Loans 4, 0.01% 21.88%
Flagstar Bank 5, 0.05% 25.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Trustmark National Bank 1, -0.03% 30.77%
Community Mortgage Corporation 2, -0.03% 15.38%
Regions Bank 3, -0.00% 15.38%
Quicken Loans 4, 0.00% 7.69%
Flagstar Bank 5, 0.05% 30.77%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Community Mortgage Corporation 1, -0.01% 16.67%
Quicken Loans 2, 0.00% 83.33%

* Data is compiled for the Oxford, MS commuting zone area, which comprises of counties of Coahoma County, MS, Lafayette County, MS, Panola County, MS, Quitman County, MS, Tallahatchie County, MS, and Yalobusha County, MS. This includes cities/towns/communities of Oxford, MS as well as Batesville, MS, Clarksdale, MS, Abbeville, MS, Tillatoba, MS, Water Valley, MS, Courtland, MS, Crenshaw, MS, Taylor, MS, Coffeeville, MS, Charleston, MS, University, MS, Sardis, MS, Glendora, MS, Coahoma, MS, Webb, MS, Lyon, MS, Crowder, MS, Sledge, MS, and Marks, MS. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate based on the MSA, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

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