Franklin Parish, Louisiana · 2025

Mortgage lenders in Franklin Parish, LA: denial rates and top lenders (2025)

65 lenders acted on 495 mortgage applications for properties in Franklin Parish in 2025. 25.5% were denied (Louisiana: 22.2%). Median rate on closed loans 6.88%; median loan $105,000; median property value $155,000.

495Applications
25.5%Denial ratestate 22.2%
6.88%Median ratestate 6.63%
$105,000Median loan
$155,000Median property value

Largest lenders in Franklin Parish

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Unnamed lender 254900GVA8WBFNUQTV33 A 112105 0.9%
2 21st Mortgage F 888 42.1%10.27%
3 Triad Financial Services D 505 52.0%7.97%
4 Citizens Progressive Bank A 2221 0.0%
5 Assurance Financial Group C 1911 26.3%6.75%
6 Eagle Bank and Trust A 1513 13.3%6.63%
7 Rocket Mortgage C 1511 20.0%6.75%
8 Tammac Holdings D 140 71.4%
9 Vanderbilt Mortgage and Finance F 80 50.0%
10 Pennymac Loan Services C 73 14.3%6.00%
11 AmeriSave Mortgage D 71 85.7%6.25%
12 Bayshore Mortgage Funding C 77 0.0%7.13%
13 Newrez D 73 57.1%6.25%
14 Movement Mortgage A 74 0.0%6.93%
15 Commercial Capital Bank B 75 14.3%
16 GMFS A 63 0.0%6.63%
17 Mortgage Research Center C 64 33.3%6.69%
18 Countryplace Mortgage F 61 66.7%8.54%
19 New Day Financial F 52 20.0%6.87%
20 United Built Homes F 51 20.0%8.99%
21 Progressive Bank B 54 20.0%
22 Southwest Stage Funding F 50 20.0%

Best approval odds in Franklin Parish

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Unnamed lender 254900GVA8WBFNUQTV331100.9%
2Triad Financial Services5052.0%

What Franklin Parish borrowers applied for

By loan purpose

Home purchase 320 65% · 31.3% denied
Refinance 113 23% · 7.1% denied
Cash-out refinance 34 7% · 41.2% denied
Home improvement 10 2% · 10.0% denied
Other / HELOC 18 4% · 16.7% denied

By loan type

Conventional 405 82% · 25.7% denied
FHA 50 10% · 28.0% denied
VA 21 4% · 23.8% denied
USDA / RHS 19 4% · 15.8% denied

Why applications were denied

Credit history 55 45%
Debt-to-income ratio 33 27%
Incomplete application 14 11%
Other 9 7%
Collateral 4 3%
Unverifiable information 3 2%
Insufficient cash 3 2%
Employment history 1 1%

Franklin Parish by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202339913834.3%7.13%$95,000
202440113437.4%7.19%$105,000
202549525425.5%6.88%$105,000

Frequently asked questions

25.5% of applications in Franklin Parish were denied in 2025, against 22.2% statewide in Louisiana.

Unnamed lender 254900GVA8WBFNUQTV33, with 112 applications in 2025 and a denial rate of 0.9%.

The median mortgage application in Franklin Parish in 2025 was for $105,000; the median property value on originated loans was $155,000.