Merchants Bank of Indiana in Louisiana vs the state
7.7%Denial rate-14.48 pts vs state
10.9%Decision denial rate-17.24 pts vs state
62.8%Origination rate+10.85 pts vs state
6.38%Median rate-0.25 pts vs state
0.20Rate spread (pts)-0.16 pts vs state
$114kMedian applicant income
49Loans originated
6Denied
Trend in Louisiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 24 | 15 | 8.3% | 7.00% | #315 |
| 2024 | 50 | 36 | 8.0% | 6.63% | #238 |
| 2025 | 78 | 49 | 7.7% | 6.38% | #201 |
What Merchants Bank of Indiana lends in Louisiana
By loan purpose
By loan type
Why it denied Louisiana applicants
Where in Louisiana
Counties with the most Merchants Bank of Indiana applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Calcasieu Parish | 16 | 12 | 1 | 6.3% |
| Ouachita Parish | 13 | 10 | 1 | 7.7% |
| Natchitoches Parish | 8 | 5 | 1 | 12.5% |
| Lincoln Parish | 8 | 5 | 1 | 12.5% |
| Bossier Parish | 3 | 1 | 0 | 0.0% |
| Morehouse Parish | 3 | 1 | 0 | 0.0% |
| Union Parish | 3 | 1 | 0 | 0.0% |
| Caddo Parish | 3 | 1 | 1 | 33.3% |
| Catahoula Parish | 2 | 0 | 0 | 0.0% |
| East Baton Rouge Parish | 2 | 1 | 0 | 0.0% |
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% |
| GMFS | A | 3,072 | 2.0% | 6.50% |
| Newrez | D | 2,664 | 21.1% | 6.50% |
| Dsld Mortgage | A | 2,545 | 6.3% | 6.13% |
Frequently asked questions
Louisiana: 78 applications in 2025, of which 49 were originated and 6 denied.
7.7% of all applications, or 10.9% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.
The median rate on loans Merchants Bank of Indiana originated in Louisiana in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Merchants Bank of Indiana'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