Bank of America · Louisiana · 2025

Bank of America in Louisiana: approval rate, denial rate and rates (2025)

Bank of America took 677 mortgage applications in Louisiana in 2025, ranking #45 of 721 lenders active in the state. It originated 32.4% of them and denied 38.7% (54.2% of the applications it decided), against a statewide denial rate of 22.2%.

677Applicationsin LA
54.2%Decision denial ratestate 28.2%
6.24%Median ratestate 6.63%
$85,000Median loanstate $165,000
$60MVolume53 counties

Bank of America in Louisiana vs the state

38.7%Denial rate+16.53 pts vs state
54.2%Decision denial rate+26.09 pts vs state
32.4%Origination rate-19.62 pts vs state
6.24%Median rate-0.38 pts vs state
0.55Rate spread (pts)+0.19 pts vs state
$125kMedian applicant income
219Loans originated
262Denied

Trend in Louisiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202391422958.3%7.38%#34
202465019846.6%6.99%#45
202567721938.7%6.24%#45

What Bank of America lends in Louisiana

By loan purpose

Home purchase 122 18% · 23.0% denied
Refinance 71 10% · 29.6% denied
Cash-out refinance 8 1% · 25.0% denied
Home improvement 280 41% · 47.1% denied
Other / HELOC 196 29% · 40.3% denied

By loan type

Conventional 671 99% · 38.5% denied
FHA 6 1% · 66.7% denied

Why it denied Louisiana applicants

Credit history 167 64%
Debt-to-income ratio 56 21%
Collateral 26 10%
Unverifiable information 6 2%
Insufficient cash 3 1%
Other 3 1%
Incomplete application 1 0%

Where in Louisiana

Counties with the most Bank of America applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Orleans Parish 993934 34.3%
Jefferson Parish 852830 35.3%
St. Tammany Parish 743124 32.4%
East Baton Rouge Parish 702327 38.6%
Lafayette Parish 351111 31.4%
Caddo Parish 27712 44.4%
Ascension Parish 27109 33.3%
Ouachita Parish 25117 28.0%
Calcasieu Parish 22611 50.0%
Livingston Parish 2069 45.0%

Other large lenders in Louisiana

LenderGradeApplicationsDenial rateMedian rate
21st MortgageF 7,05749.0%10.10%
United Shore Financial ServicesB 6,26413.1%6.38%
Rocket MortgageC 5,77025.9%6.63%
Vanderbilt Mortgage and FinanceF 4,37045.6%10.50%
Triad Financial ServicesD 3,86749.7%8.73%
Hancock Whitney BankB 3,53621.7%6.00%
Regions BankC 3,35645.8%6.00%
GMFSA 3,0722.0%6.50%
NewrezD 2,66421.1%6.50%
Dsld MortgageA 2,5456.3%6.13%

Frequently asked questions

Louisiana: 677 applications in 2025, of which 219 were originated and 262 denied.

38.7% of all applications, or 54.2% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.

The median rate on loans Bank of America originated in Louisiana in 2025 was 6.24%, against a statewide median of 6.63%.

About this data. Figures are Bank of America's own HMDA filing for properties located in Louisiana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology