Southwest Louisiana Credit Union · Louisiana · 2025

Southwest Louisiana Credit Union in Louisiana: approval rate, denial rate and rates (2025)

Southwest Louisiana Credit Union took 101 mortgage applications in Louisiana in 2025, ranking #177 of 721 lenders active in the state. It originated 77.2% of them and denied 20.8% (20.8% of the applications it decided), against a statewide denial rate of 22.2%.

101Applicationsin LA
20.8%Decision denial ratestate 28.2%
7.45%Median ratestate 6.63%
$95,000Median loanstate $165,000
$8.7MVolume7 counties

Southwest Louisiana Credit Union in Louisiana vs the state

20.8%Denial rate-1.38 pts vs state
20.8%Decision denial rate-7.36 pts vs state
77.2%Origination rate+25.26 pts vs state
7.45%Median rate+0.83 pts vs state
1.73Rate spread (pts)+1.37 pts vs state
$100kMedian applicant income
78Loans originated
21Denied

Trend in Louisiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231539735.3%7.13%#133
2024926033.7%8.95%#173
20251017820.8%7.45%#177

What Southwest Louisiana Credit Union lends in Louisiana

By loan purpose

Home purchase 29 29% · 13.8% denied
Refinance 47 47% · 27.7% denied
Cash-out refinance 22 22% · 13.6% denied
Other / HELOC 3 3% · 33.3% denied

By loan type

Conventional 101 100% · 20.8% denied

Why it denied Louisiana applicants

Other 19 90%
Debt-to-income ratio 1 5%
Incomplete application 1 5%

Where in Louisiana

Counties with the most Southwest Louisiana Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Calcasieu Parish 665313 19.7%
Beauregard Parish 14113 21.4%
Jefferson Davis Parish 1183 27.3%
Evangeline Parish 430 0.0%
Cameron Parish 211 50.0%
Sabine Parish 211 50.0%
Allen Parish 210 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: 101 applications in 2025, of which 78 were originated and 21 denied.

20.8% of all applications, or 20.8% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.

The median rate on loans Southwest Louisiana Credit Union originated in Louisiana in 2025 was 7.45%, against a statewide median of 6.63%.

About this data. Figures are Southwest Louisiana 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