Summit Funding · Louisiana · 2025

Summit Funding in Louisiana: approval rate, denial rate and rates (2025)

Summit Funding took 115 mortgage applications in Louisiana in 2025, ranking #168 of 721 lenders active in the state. It originated 67.8% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 22.2%.

115Applicationsin LA
0.0%Decision denial ratestate 28.2%
6.75%Median ratestate 6.63%
$175,000Median loanstate $165,000
$12MVolume13 counties

Summit Funding in Louisiana vs the state

0.0%Denial rate-22.17 pts vs state
0.0%Decision denial rate-28.15 pts vs state
67.8%Origination rate+15.86 pts vs state
6.75%Median rate+0.13 pts vs state
0.48Rate spread (pts)+0.12 pts vs state
$76kMedian applicant income
78Loans originated
0Denied

Trend in Louisiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232381368.4%6.75%#96
20241531098.5%6.63%#124
2025115780.0%6.75%#168

What Summit Funding lends in Louisiana

By loan purpose

Home purchase 105 91% · 0.0% denied
Refinance 7 6% · 0.0% denied
Cash-out refinance 2 2% · 0.0% denied
Other / HELOC 1 1% · 0.0% denied

By loan type

Conventional 63 55% · 0.0% denied
FHA 38 33% · 0.0% denied
VA 8 7% · 0.0% denied
USDA / RHS 6 5% · 0.0% denied

Where in Louisiana

Counties with the most Summit Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson Parish 27170 0.0%
St. Tammany Parish 26180 0.0%
Orleans Parish 20140 0.0%
East Baton Rouge Parish 1880 0.0%
St. John the Baptist Parish 550 0.0%
Ascension Parish 440 0.0%
St. Bernard Parish 440 0.0%
Plaquemines Parish 320 0.0%
St. Charles Parish 220 0.0%
Livingston Parish 220 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: 115 applications in 2025, of which 78 were originated and 0 denied.

0.0% of all applications, or 0.0% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.

The median rate on loans Summit Funding originated in Louisiana in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Summit 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