GMFS in Louisiana vs the state
2.0%Denial rate-20.18 pts vs state
2.6%Decision denial rate-25.60 pts vs state
66.2%Origination rate+14.27 pts vs state
6.50%Median rate-0.13 pts vs state
0.23Rate spread (pts)-0.13 pts vs state
$110kMedian applicant income
2,035Loans originated
61Denied
Trend in Louisiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 4,539 | 3,330 | 3.9% | 6.75% | #4 |
| 2024 | 4,522 | 3,284 | 3.5% | 6.63% | #5 |
| 2025 | 3,072 | 2,035 | 2.0% | 6.50% | #8 |
What GMFS lends in Louisiana
By loan purpose
By loan type
Why it denied Louisiana applicants
Where in Louisiana
Counties with the most GMFS applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| East Baton Rouge Parish | 520 | 356 | 9 | 1.7% |
| St. Tammany Parish | 464 | 354 | 4 | 0.9% |
| Livingston Parish | 284 | 173 | 4 | 1.4% |
| Ascension Parish | 280 | 196 | 6 | 2.1% |
| Jefferson Parish | 171 | 114 | 5 | 2.9% |
| Tangipahoa Parish | 154 | 86 | 4 | 2.6% |
| Lafayette Parish | 147 | 101 | 5 | 3.4% |
| Calcasieu Parish | 101 | 70 | 2 | 2.0% |
| St. Charles Parish | 82 | 58 | 4 | 4.9% |
| Lafourche Parish | 78 | 57 | 3 | 3.8% |
Other large lenders in Louisiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| 21st Mortgage | F | 7,057 | 49.0% | 10.10% |
| United Shore Financial Services | B | 6,264 | 13.1% | 6.38% |
| Rocket Mortgage | C | 5,770 | 25.9% | 6.63% |
| Vanderbilt Mortgage and Finance | F | 4,370 | 45.6% | 10.50% |
| Triad Financial Services | D | 3,867 | 49.7% | 8.73% |
| Hancock Whitney Bank | B | 3,536 | 21.7% | 6.00% |
| Regions Bank | C | 3,356 | 45.8% | 6.00% |
| Newrez | D | 2,664 | 21.1% | 6.50% |
| Dsld Mortgage | A | 2,545 | 6.3% | 6.13% |
| Freedom Mortgage | B | 2,501 | 9.8% | 6.25% |
Frequently asked questions
Louisiana: 3,072 applications in 2025, of which 2,035 were originated and 61 denied.
2.0% of all applications, or 2.6% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.
The median rate on loans GMFS originated in Louisiana in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are GMFS'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