BMO Bank · Louisiana · 2025

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

BMO Bank took 10 mortgage applications in Louisiana in 2025, ranking #375 of 721 lenders active in the state. It originated 40.0% of them and denied 30.0% (42.9% of the applications it decided), against a statewide denial rate of 22.2%.

10Applicationsin LA
42.9%Decision denial ratestate 28.2%
7.35%Median ratestate 6.63%
$350,000Median loanstate $165,000
$2.6MVolume8 counties

BMO Bank in Louisiana vs the state

30.0%Denial rate+7.83 pts vs state
42.9%Decision denial rate+14.71 pts vs state
40.0%Origination rate-11.97 pts vs state
7.35%Median rate+0.73 pts vs state
0.85Rate spread (pts)+0.49 pts vs state
$154kMedian applicant income
4Loans originated
3Denied

Trend in Louisiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023422019.1%6.31%#259
2024311529.0%7.38%#282
202510430.0%7.35%#375

What BMO Bank lends in Louisiana

By loan purpose

Home purchase 4 40% · 25.0% denied
Refinance 1 10% · 0.0% denied
Home improvement 4 40% · 25.0% denied
Other / HELOC 1 10% · 100.0% denied

By loan type

Conventional 10 100% · 30.0% denied

Why it denied Louisiana applicants

Other 2 67%
Collateral 1 33%

Where in Louisiana

Counties with the most BMO Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Tangipahoa Parish 211 50.0%
Lafayette Parish 211 50.0%
Plaquemines Parish 100 0.0%
East Baton Rouge Parish 100 0.0%
Orleans Parish 110 0.0%
Acadia Parish 100 0.0%
St. Tammany Parish 110 0.0%
Calcasieu Parish 101 100.0%

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: 10 applications in 2025, of which 4 were originated and 3 denied.

30.0% of all applications, or 42.9% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.

The median rate on loans BMO Bank originated in Louisiana in 2025 was 7.35%, against a statewide median of 6.63%.

About this data. Figures are BMO Bank'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