Largest lenders in Rapides Parish
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Red River Bank | C | 457 | 318 | 13.6% | 6.50% |
| 2 | 21st Mortgage | F | 266 | 37 | 36.1% | 9.35% |
| 3 | Southern Heritage Bank | C | 180 | 162 | 4.4% | — |
| 4 | United Shore Financial Services | B | 175 | 123 | 15.4% | 6.25% |
| 5 | Rocket Mortgage | C | 151 | 99 | 23.2% | 6.50% |
| 6 | Triad Financial Services | D | 133 | 18 | 51.1% | 7.94% |
| 7 | Primary Residential Mortgage | C | 129 | 86 | 1.6% | 6.63% |
| 8 | Guild Mortgage | A | 125 | 83 | 3.2% | 6.44% |
| 9 | The Evangeline Bank & Trust | B | 122 | 111 | 1.6% | 7.50% |
| 10 | Mortgage Research Center | C | 107 | 54 | 20.6% | 6.25% |
| 11 | Vanderbilt Mortgage and Finance | F | 103 | 16 | 36.9% | 10.75% |
| 12 | Regions Bank | C | 69 | 25 | 55.1% | 6.25% |
| 13 | Newrez | D | 69 | 25 | 26.1% | 6.38% |
| 14 | Freedom Mortgage | B | 67 | 23 | 16.4% | 6.00% |
| 15 | Barksdale | C | 64 | 35 | 20.3% | 6.50% |
| 16 | Towne Mortgage | B | 59 | 46 | 0.0% | 6.25% |
| 17 | Unnamed lender 254900K0IC4K6SI7H003 | A | 58 | 58 | 0.0% | — |
| 18 | Colfax Banking | C | 45 | 37 | 4.4% | — |
| 19 | New Day Financial | F | 44 | 6 | 31.8% | 6.87% |
| 20 | JPMorgan Chase Bank | B | 43 | 34 | 7.0% | 6.75% |
| 21 | Equity Prime Mortgage | D | 41 | 19 | 7.3% | 6.75% |
| 22 | Cadence Bank | B | 39 | 31 | 10.3% | 7.25% |
| 23 | Dhi Mortgage Company | B | 37 | 15 | 18.9% | 5.50% |
| 24 | BOM Bank | B | 36 | 26 | 11.1% | — |
| 25 | Loandepot.Com | D | 36 | 18 | 27.8% | 6.50% |
Best approval odds in Rapides Parish
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Unnamed lender 254900K0IC4K6SI7H003 | 58 | 0.0% |
| 2 | Towne Mortgage | 55 | 0.0% |
| 3 | The Evangeline Bank & Trust | 121 | 1.7% |
| 4 | Primary Residential Mortgage | 88 | 2.3% |
| 5 | Guild Mortgage | 96 | 4.2% |
| 6 | Southern Heritage Bank | 170 | 4.7% |
| 7 | Red River Bank | 386 | 16.1% |
| 8 | United Shore Financial Services | 150 | 18.0% |
| 9 | Rocket Mortgage | 137 | 25.6% |
| 10 | Mortgage Research Center | 77 | 28.6% |
What Rapides Parish borrowers applied for
By loan purpose
By loan type
Why applications were denied
Rapides Parish by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 3,248 | 1,728 | 22.9% | 6.88% | $135,000 |
| 2024 | 3,258 | 1,755 | 21.5% | 6.75% | $145,000 |
| 2025 | 3,606 | 1,943 | 20.1% | 6.63% | $145,000 |
Frequently asked questions
20.1% of applications in Rapides Parish were denied in 2025, against 22.2% statewide in Louisiana.
Red River Bank, with 457 applications in 2025 and a denial rate of 13.6%.
The median mortgage application in Rapides Parish in 2025 was for $145,000; the median property value on originated loans was $225,000.