Figure Lending · Louisiana · 2025

Figure Lending in Louisiana: approval rate, denial rate and rates (2025)

Figure Lending took 583 mortgage applications in Louisiana in 2025, ranking #49 of 721 lenders active in the state. It originated 34.7% of them and denied 33.8% (35.2% of the applications it decided), against a statewide denial rate of 22.2%.

583Applicationsin LA
35.2%Decision denial ratestate 28.2%
10.65%Median ratestate 6.63%
$55,000Median loanstate $165,000
$13MVolume52 counties

Figure Lending in Louisiana vs the state

33.8%Denial rate+11.62 pts vs state
35.2%Decision denial rate+7.09 pts vs state
34.7%Origination rate-17.32 pts vs state
10.65%Median rate+4.03 pts vs state
4.44Rate spread (pts)+4.08 pts vs state
$100kMedian applicant income
202Loans originated
197Denied

Trend in Louisiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202340011142.5%12.40%#61
202444414735.1%12.05%#55
202558320233.8%10.65%#49

What Figure Lending lends in Louisiana

By loan purpose

Home improvement 200 34% · 29.0% denied
Other / HELOC 383 66% · 36.3% denied

By loan type

Conventional 583 100% · 33.8% denied

Why it denied Louisiana applicants

Incomplete application 70 36%
Debt-to-income ratio 53 27%
Other 34 17%
Collateral 26 13%
Credit history 13 7%
Unverifiable information 1 1%

Where in Louisiana

Counties with the most Figure Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Orleans Parish 692124 34.8%
East Baton Rouge Parish 662020 30.3%
St. Tammany Parish 652817 26.2%
Jefferson Parish 642517 26.6%
Lafayette Parish 371116 43.2%
Caddo Parish 26107 26.9%
Livingston Parish 2595 20.0%
Calcasieu Parish 24711 45.8%
Bossier Parish 1786 35.3%
Tangipahoa Parish 1784 23.5%

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: 583 applications in 2025, of which 202 were originated and 197 denied.

33.8% of all applications, or 35.2% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.

The median rate on loans Figure Lending originated in Louisiana in 2025 was 10.65%, against a statewide median of 6.63%.

About this data. Figures are Figure Lending'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