Flagstar Bank · Louisiana · 2025

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

Flagstar Bank took 103 mortgage applications in Louisiana in 2025, ranking #174 of 721 lenders active in the state. It originated 53.4% of them and denied 27.2% (33.3% of the applications it decided), against a statewide denial rate of 22.2%.

103Applicationsin LA
33.3%Decision denial ratestate 28.2%
6.38%Median ratestate 6.63%
$205,000Median loanstate $165,000
$12MVolume25 counties

Flagstar Bank in Louisiana vs the state

27.2%Denial rate+5.01 pts vs state
33.3%Decision denial rate+5.18 pts vs state
53.4%Origination rate+1.43 pts vs state
6.38%Median rate-0.25 pts vs state
0.32Rate spread (pts)-0.04 pts vs state
$78kMedian applicant income
55Loans originated
28Denied

Trend in Louisiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202336719627.0%7.00%#65
202444129020.0%6.63%#56
20251035527.2%6.38%#174

What Flagstar Bank lends in Louisiana

By loan purpose

Home purchase 73 71% · 30.1% denied
Refinance 6 6% · 16.7% denied
Cash-out refinance 19 18% · 21.1% denied
Home improvement 1 1% · 0.0% denied
Other / HELOC 4 4% · 25.0% denied

By loan type

Conventional 42 41% · 31.0% denied
FHA 45 44% · 26.7% denied
VA 8 8% · 12.5% denied
USDA / RHS 8 8% · 25.0% denied

Why it denied Louisiana applicants

Incomplete application 14 50%
Debt-to-income ratio 10 36%
Credit history 3 11%
Collateral 1 4%

Where in Louisiana

Counties with the most Flagstar Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson Parish 1394 30.8%
St. Mary Parish 11101 9.1%
East Baton Rouge Parish 1053 30.0%
Orleans Parish 943 33.3%
Lafayette Parish 851 12.5%
St. Tammany Parish 832 25.0%
Caddo Parish 621 16.7%
Terrebonne Parish 512 40.0%
Bossier Parish 420 0.0%
Assumption Parish 422 50.0%

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: 103 applications in 2025, of which 55 were originated and 28 denied.

27.2% of all applications, or 33.3% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.

The median rate on loans Flagstar Bank originated in Louisiana in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Flagstar 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