Navy Federal Credit Union in Louisiana vs the state
26.1%Denial rate+3.91 pts vs state
38.7%Decision denial rate+10.54 pts vs state
40.7%Origination rate-11.27 pts vs state
6.50%Median rate-0.13 pts vs state
-0.09Rate spread (pts)-0.45 pts vs state
$105kMedian applicant income
860Loans originated
551Denied
Trend in Louisiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,935 | 652 | 38.0% | 6.75% | #13 |
| 2024 | 2,020 | 740 | 29.6% | 6.88% | #14 |
| 2025 | 2,113 | 860 | 26.1% | 6.50% | #14 |
What Navy Federal Credit Union lends in Louisiana
By loan purpose
By loan type
Why it denied Louisiana applicants
Where in Louisiana
Counties with the most Navy Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Orleans Parish | 343 | 82 | 133 | 38.8% |
| St. Tammany Parish | 281 | 130 | 58 | 20.6% |
| Jefferson Parish | 223 | 79 | 64 | 28.7% |
| Bossier Parish | 185 | 119 | 19 | 10.3% |
| East Baton Rouge Parish | 157 | 70 | 45 | 28.7% |
| Caddo Parish | 106 | 48 | 23 | 21.7% |
| Lafayette Parish | 80 | 30 | 16 | 20.0% |
| Vernon Parish | 66 | 28 | 20 | 30.3% |
| Calcasieu Parish | 63 | 30 | 10 | 15.9% |
| Ascension Parish | 46 | 22 | 6 | 13.0% |
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: 2,113 applications in 2025, of which 860 were originated and 551 denied.
26.1% of all applications, or 38.7% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.
The median rate on loans Navy Federal Credit Union originated in Louisiana in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Navy Federal Credit Union'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