Vernon Parish, Louisiana · 2025

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

115 lenders acted on 1,214 mortgage applications for properties in Vernon Parish in 2025. 21.5% were denied (Louisiana: 22.2%). Median rate on closed loans 6.50%; median loan $165,000; median property value $235,000.

1.2kApplications
21.5%Denial ratestate 22.2%
6.50%Median ratestate 6.63%
$165,000Median loan
$235,000Median property value

Largest lenders in Vernon Parish

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 21st Mortgage F 11626 31.0%9.32%
2 United Shore Financial Services B 10778 8.4%6.50%
3 Mortgage Research Center C 9454 6.4%6.25%
4 Barksdale C 7734 31.2%6.50%
5 Merchants & Farmers Bank & Trust C 7353 17.8%
6 Navy Federal Credit Union D 6628 30.3%6.19%
7 Triad Financial Services D 547 46.3%8.10%
8 Freedom Mortgage B 5130 7.8%6.00%
9 Rocket Mortgage C 5130 29.4%6.69%
10 Fairway Independent Mortgage B 3125 9.7%6.75%
11 Pennymac Loan Services C 2913 10.3%5.49%
12 Sabine State Bank and Trust D 2623 11.5%
13 Guild Mortgage A 2415 8.3%6.50%
14 First National Bank in DeRidder C 2212 18.2%
15 Vanderbilt Mortgage and Finance F 224 45.5%10.38%
16 Village Capital & Investment C 193 26.3%5.75%
17 Newrez D 198 10.5%6.25%
18 Crosscountry Mortgage B 1615 0.0%6.13%
19 AmeriSave Mortgage D 140 71.4%
20 New Day Financial F 130 46.2%
21 The Evangeline Bank & Trust B 1310 15.4%7.25%
22 USAA Federal Savings Bank C 127 8.3%6.50%
23 LoanUnited.com C 125 0.0%6.25%
24 Loandepot.Com D 122 58.3%8.63%
25 Tammac Holdings D 100 60.0%

Best approval odds in Vernon Parish

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

What Vernon Parish borrowers applied for

By loan purpose

Home purchase 677 56% · 18.3% denied
Refinance 240 20% · 12.1% denied
Cash-out refinance 181 15% · 34.8% denied
Home improvement 50 4% · 36.0% denied
Other / HELOC 66 5% · 40.9% denied

By loan type

Conventional 620 51% · 29.7% denied
FHA 135 11% · 24.4% denied
VA 435 36% · 9.7% denied
USDA / RHS 24 2% · 8.3% denied

Why applications were denied

Credit history 95 39%
Debt-to-income ratio 57 23%
Collateral 35 14%
Incomplete application 26 11%
Insufficient cash 11 5%
Unverifiable information 10 4%
Other 6 2%
Employment history 4 2%

Vernon Parish by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,15257025.0%6.99%$135,000
20241,18558721.4%6.75%$155,000
20251,21459321.5%6.50%$165,000

Frequently asked questions

21.5% of applications in Vernon Parish were denied in 2025, against 22.2% statewide in Louisiana.

21st Mortgage, with 116 applications in 2025 and a denial rate of 31.0%.

The median mortgage application in Vernon Parish in 2025 was for $165,000; the median property value on originated loans was $235,000.