PHH Mortgage · Louisiana · 2025

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

PHH Mortgage took 137 mortgage applications in Louisiana in 2025, ranking #148 of 721 lenders active in the state. It originated 36.5% of them and denied 11.7% (23.5% of the applications it decided), against a statewide denial rate of 22.2%.

137Applicationsin LA
23.5%Decision denial ratestate 28.2%
6.50%Median ratestate 6.63%
$175,000Median loanstate $165,000
$11MVolume35 counties

PHH Mortgage in Louisiana vs the state

11.7%Denial rate-10.49 pts vs state
23.5%Decision denial rate-4.62 pts vs state
36.5%Origination rate-15.47 pts vs state
6.50%Median rate-0.13 pts vs state
0.54Rate spread (pts)+0.18 pts vs state
$70kMedian applicant income
50Loans originated
16Denied

Trend in Louisiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023872236.8%6.75%#188
20241022621.6%6.13%#160
20251375011.7%6.50%#148

What PHH Mortgage lends in Louisiana

By loan purpose

Home purchase 2 1% · 0.0% denied
Refinance 57 42% · 17.5% denied
Cash-out refinance 77 56% · 7.8% denied
Home improvement 1 1% · 0.0% denied

By loan type

Conventional 63 46% · 3.2% denied
FHA 55 40% · 20.0% denied
VA 19 14% · 15.8% denied

Why it denied Louisiana applicants

Collateral 6 38%
Debt-to-income ratio 3 19%
Credit history 3 19%
Other 2 13%
Insufficient cash 2 13%

Where in Louisiana

Counties with the most PHH Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
East Baton Rouge Parish 2053 15.0%
Caddo Parish 920 0.0%
Jefferson Parish 810 0.0%
Orleans Parish 740 0.0%
St. Tammany Parish 740 0.0%
Ouachita Parish 750 0.0%
Tangipahoa Parish 711 14.3%
Lafayette Parish 640 0.0%
Vernon Parish 512 40.0%
Calcasieu Parish 410 0.0%

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: 137 applications in 2025, of which 50 were originated and 16 denied.

11.7% of all applications, or 23.5% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.

The median rate on loans PHH Mortgage originated in Louisiana in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are PHH 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