Colfax Banking · Louisiana · 2025

Colfax Banking in Louisiana: approval rate, denial rate and rates (2025)

Colfax Banking took 121 mortgage applications in Louisiana in 2025, ranking #163 of 721 lenders active in the state. It originated 79.3% of them and denied 8.3% (9.4% of the applications it decided), against a statewide denial rate of 22.2%.

121Applicationsin LA
9.4%Decision denial ratestate 28.2%
Median ratestate 6.63%
$85,000Median loanstate $165,000
$13MVolume9 counties

Colfax Banking in Louisiana vs the state

8.3%Denial rate-13.91 pts vs state
9.4%Decision denial rate-18.72 pts vs state
79.3%Origination rate+27.37 pts vs state
Median rate
Rate spread (pts)
$76kMedian applicant income
96Loans originated
10Denied

Trend in Louisiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231321098.3%#145
20241078311.2%#155
2025121968.3%#163

What Colfax Banking lends in Louisiana

By loan purpose

Home purchase 36 30% · 13.9% denied
Refinance 52 43% · 0.0% denied
Cash-out refinance 32 26% · 12.5% denied
Other / HELOC 1 1% · 100.0% denied

By loan type

Conventional 120 99% · 8.3% denied
FHA 1 1% · 0.0% denied

Where in Louisiana

Counties with the most Colfax Banking applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Grant Parish 66527 10.6%
Rapides Parish 45372 4.4%
Evangeline Parish 220 0.0%
LaSalle Parish 220 0.0%
East Baton Rouge Parish 210 0.0%
West Carroll Parish 110 0.0%
Avoyelles Parish 101 100.0%
Morehouse Parish 100 0.0%
Sabine Parish 110 0.0%

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: 121 applications in 2025, of which 96 were originated and 10 denied.

8.3% of all applications, or 9.4% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Colfax Banking'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