RCN Capital in Louisiana vs the state
42.5%Denial rate+20.28 pts vs state
42.5%Decision denial rate+14.30 pts vs state
57.6%Origination rate+5.58 pts vs state
7.85%Median rate+1.23 pts vs state
—Rate spread (pts)
—Median applicant income
80Loans originated
59Denied
Trend in Louisiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 182 | 93 | 18.1% | 8.52% | #115 |
| 2024 | 166 | 92 | 19.3% | 8.37% | #120 |
| 2025 | 139 | 80 | 42.5% | 7.85% | #144 |
What RCN Capital lends in Louisiana
By loan purpose
By loan type
Why it denied Louisiana applicants
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: 139 applications in 2025, of which 80 were originated and 59 denied.
42.5% of all applications, or 42.5% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.
The median rate on loans RCN Capital originated in Louisiana in 2025 was 7.85%, against a statewide median of 6.63%.
About this data. Figures are RCN Capital'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