Rocket Mortgage · Louisiana · 2025

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

Rocket Mortgage took 5,770 mortgage applications in Louisiana in 2025, ranking #3 of 721 lenders active in the state. It originated 63.7% of them and denied 25.9% (28.0% of the applications it decided), against a statewide denial rate of 22.2%.

5.8kApplicationsin LA
28.0%Decision denial ratestate 28.2%
6.63%Median ratestate 6.63%
$155,000Median loanstate $165,000
$716MVolume64 counties

Rocket Mortgage in Louisiana vs the state

25.9%Denial rate+3.71 pts vs state
28.0%Decision denial rate-0.11 pts vs state
63.7%Origination rate+11.70 pts vs state
6.63%Median rate0.00 pts vs state
0.66Rate spread (pts)+0.30 pts vs state
$90kMedian applicant income
3,674Loans originated
1,493Denied

Trend in Louisiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234,2442,62326.5%6.50%#5
20244,5282,94625.0%6.63%#4
20255,7703,67425.9%6.63%#3

What Rocket Mortgage lends in Louisiana

By loan purpose

Home purchase 1,660 29% · 16.6% denied
Refinance 1,103 19% · 25.9% denied
Cash-out refinance 2,574 45% · 30.4% denied
Home improvement 128 2% · 36.7% denied
Other / HELOC 305 5% · 33.8% denied

By loan type

Conventional 3,829 66% · 23.8% denied
FHA 1,444 25% · 33.2% denied
VA 497 9% · 20.3% denied

Why it denied Louisiana applicants

Collateral 740 50%
Debt-to-income ratio 275 18%
Incomplete application 229 15%
Credit history 96 6%
Insufficient cash 69 5%
Other 41 3%
Unverifiable information 34 2%
Employment history 9 1%

Where in Louisiana

Counties with the most Rocket Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson Parish 549357127 23.1%
East Baton Rouge Parish 513309138 26.9%
St. Tammany Parish 470295119 25.3%
Orleans Parish 424241138 32.5%
Lafayette Parish 37226169 18.5%
Calcasieu Parish 26616179 29.7%
Caddo Parish 25815382 31.8%
Livingston Parish 22714260 26.4%
Tangipahoa Parish 22515449 21.8%
Ascension Parish 21514249 22.8%

Other large lenders in Louisiana

LenderGradeApplicationsDenial rateMedian rate
21st MortgageF 7,05749.0%10.10%
United Shore Financial ServicesB 6,26413.1%6.38%
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%
Freedom MortgageB 2,5019.8%6.25%

Frequently asked questions

Louisiana: 5,770 applications in 2025, of which 3,674 were originated and 1,493 denied.

25.9% of all applications, or 28.0% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.

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

About this data. Figures are Rocket 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