Southwest Funding in Louisiana vs the state
7.5%Denial rate-14.63 pts vs state
10.1%Decision denial rate-18.01 pts vs state
62.8%Origination rate+10.84 pts vs state
6.75%Median rate+0.13 pts vs state
0.90Rate spread (pts)+0.54 pts vs state
$82kMedian applicant income
125Loans originated
15Denied
Trend in Louisiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 301 | 217 | 6.0% | 7.13% | #77 |
| 2024 | 266 | 176 | 7.9% | 7.00% | #83 |
| 2025 | 199 | 125 | 7.5% | 6.75% | #118 |
What Southwest Funding lends in Louisiana
By loan purpose
By loan type
Why it denied Louisiana applicants
Where in Louisiana
Counties with the most Southwest Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson Parish | 50 | 37 | 2 | 4.0% |
| Orleans Parish | 28 | 11 | 3 | 10.7% |
| Livingston Parish | 20 | 14 | 2 | 10.0% |
| Lafourche Parish | 15 | 11 | 1 | 6.7% |
| Terrebonne Parish | 13 | 5 | 0 | 0.0% |
| St. Tammany Parish | 12 | 8 | 0 | 0.0% |
| Tangipahoa Parish | 9 | 6 | 1 | 11.1% |
| East Baton Rouge Parish | 9 | 5 | 2 | 22.2% |
| St. Charles Parish | 7 | 4 | 1 | 14.3% |
| Ascension Parish | 6 | 4 | 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: 199 applications in 2025, of which 125 were originated and 15 denied.
7.5% of all applications, or 10.1% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.
The median rate on loans Southwest Funding originated in Louisiana in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are Southwest Funding'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