St. Martin Parish, Louisiana · 2025

Mortgage lenders in St. Martin Parish, LA: denial rates and top lenders (2025)

146 lenders acted on 1,611 mortgage applications for properties in St. Martin Parish in 2025. 26.9% were denied (Louisiana: 22.2%). Median rate on closed loans 6.63%; median loan $135,000; median property value $225,000.

1.6kApplications
26.9%Denial ratestate 22.2%
6.63%Median ratestate 6.63%
$135,000Median loan
$225,000Median property value

Largest lenders in St. Martin Parish

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 21st Mortgage F 17529 47.4%9.34%
2 Triad Financial Services D 13619 49.3%8.68%
3 Vanderbilt Mortgage and Finance F 11614 43.1%10.13%
4 United Shore Financial Services B 10074 12.0%6.19%
5 Rocket Mortgage C 7051 20.0%6.49%
6 Farmers-Merchants Bank & Trust B 5239 11.5%
7 Pennymac Loan Services C 4120 22.0%6.19%
8 Dhi Mortgage Company B 3525 17.1%4.99%
9 Hancock Whitney Bank B 3315 39.4%6.38%
10 GMFS A 3224 0.0%6.81%
11 Tammac Holdings D 320 87.5%
12 Mortgage Research Center C 2911 27.6%6.25%
13 First Horizon Bank B 2819 25.0%7.46%
14 Assurance Financial Group C 2714 25.9%6.69%
15 Newrez D 265 26.9%6.63%
16 b1BANK C 2620 11.5%8.59%
17 Credit Human Federal Credit Union D 251 72.0%8.30%
18 Freedom Mortgage B 248 12.5%6.25%
19 Equity Prime Mortgage D 2217 0.0%6.63%
20 Loandepot.Com D 229 36.4%6.99%
21 American Financial Resources B 2116 0.0%6.50%
22 Home Bank B 2014 15.0%6.69%
23 Community First Bank B 2015 5.0%
24 AmeriSave Mortgage D 173 70.6%6.88%
25 Navy Federal Credit Union D 154 26.7%6.63%

Best approval odds in St. Martin Parish

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

What St. Martin Parish borrowers applied for

By loan purpose

Home purchase 998 62% · 30.2% denied
Refinance 272 17% · 9.9% denied
Cash-out refinance 192 12% · 27.1% denied
Home improvement 59 4% · 35.6% denied
Other / HELOC 90 6% · 36.7% denied

By loan type

Conventional 1,134 70% · 31.1% denied
FHA 285 18% · 18.6% denied
VA 132 8% · 18.2% denied
USDA / RHS 60 4% · 6.7% denied

Why applications were denied

Credit history 158 38%
Debt-to-income ratio 123 29%
Collateral 41 10%
Incomplete application 37 9%
Unverifiable information 30 7%
Other 22 5%
Insufficient cash 7 2%
Employment history 2 0%

St. Martin Parish by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,38758830.9%7.00%$125,000
20241,34665027.0%6.75%$135,000
20251,61173626.9%6.63%$135,000

Frequently asked questions

26.9% of applications in St. Martin Parish were denied in 2025, against 22.2% statewide in Louisiana.

21st Mortgage, with 175 applications in 2025 and a denial rate of 47.4%.

The median mortgage application in St. Martin Parish in 2025 was for $135,000; the median property value on originated loans was $225,000.