# BankPlus

> **Canonical URL:** https://saferate.com/lenders/bankplus


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


BankPlus is a bank, headquartered in Belzoni, MS, serving borrowers across 14 states, with 1,165 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 27% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 29% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300SFG15JDKI5MD22
- **Headquarters:** Belzoni, MS
- **Geographic Reach:** Multi-Region
- **States Served:** 14
- **State List:** AL, FL, GA, IL, KY, LA, MO, MS, NC, OK, SC, TN, TX, VA
- **Markets (MSAs):** 15
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 73/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 71/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.099%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,371
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 1,165
- **Dollar Volume:** $395 million
- **Applications Received:** 1,705
- **Market Share:** 3.00%

## Typical Borrower Profile

- **Average Loan Amount:** $338,845
- **Average Borrower Income:** $230,942
- **Average Property Value:** $465,979

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **FHA Gold Superstar** (71%)
- ⭐ **VA Gold Superstar** (78%)
- ⭐ **Purchase Gold Superstar** (64%)
- ⭐ **Refinance Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 78/100 | 915 | +0.142% | $1,471 | Strong 😀 |
| FHA | 68/100 | 114 | +0.136% | $877 | Strong 😀 |
| VA | 69/100 | 66 | -0.478% | $306 | Strong 😀 |
| Jumbo | 75/100 | 51 | +0.139% | $4,736 | Strong 😀 |
| USDA | 74/100 | 19 | -0.082% | $1,035 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 704 loans, Score: 76/100 (Strong)
- Refinance: 211 loans, Score: 77/100 (Strong)

**FHA:**
- Purchase: 107 loans, Score: 67/100 (Strong)

**VA:**
- Purchase: 64 loans, Score: 69/100 (Strong)

**Jumbo:**
- Purchase: 46 loans, Score: 76/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 75/100 | 940 | $344M | +0.090% | Strong 😀 |
| Refinance | 76/100 | 225 | $51M | +0.150% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MS | 753 | 3.02% | 92/100 |
| AL | 158 | 0.26% | 72/100 |
| FL | 142 | 0.05% | 60/100 |
| LA | 75 | 0.22% | 61/100 |
| TN | 15 | 0.02% | 40/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 414 | 72/100 |
| Jackson, MS | MS | 318 | 92/100 |
| Crestview | FL | 96 | 81/100 |
| Mobile, AL | AL | 54 | 72/100 |
| Memphis, TN |  | 41 | 57/100 |
| Daphne | AL | 40 | 63/100 |
| New Orleans | LA | 37 | 61/100 |
| Dothan, AL | AL | 27 | 65/100 |
| Panama City | FL | 21 | 54/100 |
| Pensacola | FL | 16 | 47/100 |
| Baton Rouge, LA | LA | 12 | 43/100 |
| Gulfport | MS | 10 | 41/100 |
| Hammond, LA | LA | 10 | 43/100 |
| Hattiesburg, MS | MS | 10 | 42/100 |
| Slidell | LA | 10 | 42/100 |

## Where This Lender Ranks

BankPlus appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Mississippi Banks
  - [View Full Rankings](https://saferate.com/mississippi/best-mortgage-lenders/banks)
- 🥇 **#1** in Mississippi for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/mississippi/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Mississippi for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/mississippi/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Mississippi for Jumbo Loans
  - [View Full Rankings](https://saferate.com/mississippi/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Mississippi for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/mississippi/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Jackson, MS
  - [View Full Rankings](https://saferate.com/jackson-ms/best-mortgage-lenders)
- 🥇 **#1** in Jackson, MS Banks
  - [View Full Rankings](https://saferate.com/jackson-ms/best-mortgage-lenders/banks)
- 🥇 **#1** in Jackson, MS for Conventional Loans
  - [View Full Rankings](https://saferate.com/jackson-ms/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Jackson, MS for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/jackson-ms/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Jackson, MS for VA Loans
  - [View Full Rankings](https://saferate.com/jackson-ms/best-mortgage-lenders/va-loans)
- 🥇 **#1** in Jackson, MS for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/jackson-ms/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Jackson, MS for Jumbo Loans
  - [View Full Rankings](https://saferate.com/jackson-ms/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Jackson, MS for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/jackson-ms/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Crestview Banks
  - [View Full Rankings](https://saferate.com/crestview/best-mortgage-lenders/banks)
- 🥇 **#1** in Crestview for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/crestview/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Crestview for Jumbo Loans
  - [View Full Rankings](https://saferate.com/crestview/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Crestview for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/crestview/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in New Orleans for Jumbo Loans
  - [View Full Rankings](https://saferate.com/new-orleans/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in New Orleans for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/new-orleans/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Dothan, AL Banks
  - [View Full Rankings](https://saferate.com/dothan-al/best-mortgage-lenders/banks)

## Frequently Asked Questions

### What loan types does BankPlus offer?

BankPlus offers the following mortgage loan types: FHA, Conventional, VA, Jumbo, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does BankPlus offer mortgages?

BankPlus offers mortgages in 14 states: AL, FL, GA, IL, KY, LA, MO, MS, NC, OK, SC, TN, TX, VA.

### How competitive are BankPlus's mortgage rates?

BankPlus has a pricing score of 73/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.099% above market average.

### What type of lender is BankPlus?

BankPlus is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Belzoni, MS.

### What is BankPlus's loan approval success rate?

BankPlus has a pull-through score of 71/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/bankplus

### How to Cite

> "BankPlus Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/bankplus

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