Discover Bank · Louisiana · 2025

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

Discover Bank took 694 mortgage applications in Louisiana in 2025, ranking #44 of 721 lenders active in the state. It originated 12.1% of them and denied 61.2% (83.3% of the applications it decided), against a statewide denial rate of 22.2%.

694Applicationsin LA
83.3%Decision denial ratestate 28.2%
8.93%Median ratestate 6.63%
$55,000Median loanstate $165,000
$6.4MVolume55 counties

Discover Bank in Louisiana vs the state

61.2%Denial rate+39.07 pts vs state
83.3%Decision denial rate+55.18 pts vs state
12.1%Origination rate-39.87 pts vs state
8.93%Median rate+2.30 pts vs state
2.50Rate spread (pts)+2.14 pts vs state
$100kMedian applicant income
84Loans originated
425Denied

Trend in Louisiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,30919756.3%9.84%#10
20242,21726160.4%9.11%#11
20256948461.2%8.93%#44

What Discover Bank lends in Louisiana

By loan purpose

Home purchase 46 7% · 67.4% denied
Refinance 80 12% · 56.3% denied
Home improvement 181 26% · 56.4% denied
Other / HELOC 387 56% · 63.8% denied

By loan type

Conventional 694 100% · 61.2% denied

Why it denied Louisiana applicants

Credit history 234 55%
Incomplete application 70 16%
Debt-to-income ratio 50 12%
Collateral 41 10%
Other 29 7%
Employment history 1 0%

Where in Louisiana

Counties with the most Discover Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson Parish 1011261 60.4%
St. Tammany Parish 881554 61.4%
East Baton Rouge Parish 751641 54.7%
Lafayette Parish 49729 59.2%
Orleans Parish 48134 70.8%
Ascension Parish 30219 63.3%
Caddo Parish 29617 58.6%
Calcasieu Parish 25415 60.0%
Livingston Parish 20114 70.0%
Ouachita Parish 18410 55.6%

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: 694 applications in 2025, of which 84 were originated and 425 denied.

61.2% of all applications, or 83.3% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.

The median rate on loans Discover Bank originated in Louisiana in 2025 was 8.93%, against a statewide median of 6.63%.

About this data. Figures are Discover 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