Freedom Mortgage · Louisiana · 2025

Freedom Mortgage in Louisiana: approval rate, denial rate and rates (2025)

Freedom Mortgage took 2,501 mortgage applications in Louisiana in 2025, ranking #11 of 721 lenders active in the state. It originated 41.6% of them and denied 9.8% (16.4% of the applications it decided), against a statewide denial rate of 22.2%.

2.5kApplicationsin LA
16.4%Decision denial ratestate 28.2%
6.25%Median ratestate 6.63%
$235,000Median loanstate $165,000
$280MVolume62 counties

Freedom Mortgage in Louisiana vs the state

9.8%Denial rate-12.37 pts vs state
16.4%Decision denial rate-11.78 pts vs state
41.6%Origination rate-10.39 pts vs state
6.25%Median rate-0.38 pts vs state
0.17Rate spread (pts)-0.19 pts vs state
$92kMedian applicant income
1,040Loans originated
245Denied

Trend in Louisiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202392139017.9%6.75%#33
20241,99498412.1%6.25%#15
20252,5011,0409.8%6.25%#11

What Freedom Mortgage lends in Louisiana

By loan purpose

Home purchase 422 17% · 10.7% denied
Refinance 1,244 50% · 2.7% denied
Cash-out refinance 833 33% · 20.1% denied
Other / HELOC 2 0% · 0.0% denied

By loan type

Conventional 181 7% · 11.6% denied
FHA 1,289 52% · 12.3% denied
VA 1,031 41% · 6.3% denied

Why it denied Louisiana applicants

Collateral 115 47%
Debt-to-income ratio 39 16%
Credit history 38 16%
Other 24 10%
Unverifiable information 12 5%
Insufficient cash 9 4%
Employment history 6 2%
Incomplete application 2 1%

Where in Louisiana

Counties with the most Freedom Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Tammany Parish 23210220 8.6%
Jefferson Parish 23110717 7.4%
East Baton Rouge Parish 2147121 9.8%
Bossier Parish 145679 6.2%
Lafayette Parish 1445012 8.3%
Livingston Parish 1438020 14.0%
Orleans Parish 1384218 13.0%
Calcasieu Parish 1356616 11.9%
Ascension Parish 116533 2.6%
Caddo Parish 1113612 10.8%

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: 2,501 applications in 2025, of which 1,040 were originated and 245 denied.

9.8% of all applications, or 16.4% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.

The median rate on loans Freedom Mortgage originated in Louisiana in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Freedom Mortgage'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