Washington Parish, Louisiana · 2025

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

124 lenders acted on 1,147 mortgage applications for properties in Washington Parish in 2025. 28.0% were denied (Louisiana: 22.2%). Median rate on closed loans 6.75%; median loan $125,000; median property value $195,000.

1.1kApplications
28.0%Denial ratestate 22.2%
6.75%Median ratestate 6.63%
$125,000Median loan
$195,000Median property value

Largest lenders in Washington Parish

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Citizens Savings Bank B 179152 5.6%
2 Vanderbilt Mortgage and Finance F 14516 47.6%9.38%
3 21st Mortgage F 8115 45.7%9.75%
4 Triad Financial Services D 8124 39.5%8.61%
5 Rocket Mortgage C 5535 25.5%6.63%
6 Hancock Whitney Bank B 3923 25.6%4.99%
7 GMFS A 3316 3.0%6.50%
8 Credit Human Federal Credit Union D 290 100.0%
9 United Shore Financial Services B 2915 13.8%6.38%
10 Mortgage Research Center C 2812 21.4%6.25%
11 Freedom Mortgage B 2212 4.6%6.44%
12 Equity Prime Mortgage D 218 14.3%6.38%
13 Newrez D 217 9.5%6.63%
14 Loandepot.Com D 207 45.0%6.38%
15 Tammac Holdings D 140 85.7%
16 Figure Lending C 142 50.0%8.33%
17 Pennymac Loan Services C 133 15.4%5.99%
18 Keesler D 135 46.2%6.88%
19 AmeriSave Mortgage D 122 75.0%9.75%
20 New Day Financial F 112 36.4%6.94%
21 Navy Federal Credit Union D 113 36.4%7.00%
22 Crosscountry Mortgage B 95 0.0%6.63%
23 Eustis Mortgage B 96 11.1%6.69%
24 Southwest Stage Funding F 92 0.0%8.38%
25 Carrington Mortgage Services D 80 75.0%

Best approval odds in Washington Parish

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

#LenderDecidedDecision denial rate
1Citizens Savings Bank1705.9%
2Rocket Mortgage5127.5%
3Triad Financial Services8139.5%
421st Mortgage5271.2%
5Vanderbilt Mortgage and Finance9473.4%

What Washington Parish borrowers applied for

By loan purpose

Home purchase 661 58% · 30.1% denied
Refinance 169 15% · 14.2% denied
Cash-out refinance 145 13% · 39.3% denied
Home improvement 78 7% · 24.4% denied
Other / HELOC 94 8% · 23.4% denied

By loan type

Conventional 855 75% · 31.0% denied
FHA 155 14% · 22.6% denied
VA 106 9% · 17.0% denied
USDA / RHS 31 3% · 9.7% denied

Why applications were denied

Credit history 151 49%
Debt-to-income ratio 62 20%
Incomplete application 31 10%
Collateral 26 8%
Unverifiable information 19 6%
Other 14 5%
Insufficient cash 6 2%
Employment history 1 0%

Washington Parish by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,16650931.7%7.00%$105,000
20241,14251030.4%6.88%$115,000
20251,14749928.0%6.75%$125,000

Frequently asked questions

28.0% of applications in Washington Parish were denied in 2025, against 22.2% statewide in Louisiana.

Citizens Savings Bank, with 179 applications in 2025 and a denial rate of 5.6%.

The median mortgage application in Washington Parish in 2025 was for $125,000; the median property value on originated loans was $195,000.