Louisiana mortgage lending data
South region · HMDA 2023 reporting year
In Louisiana, the 2023 mortgage denial rate was 30.3% — well above the national denial rate (+10.7 points vs the 19.6% national rate), ranking it #1 of 51. Lenders originated about 54,124 home-purchase and refinance loans (rank #28). The home-purchase denial rate was 29.9% and refinance 31.5%. By loan type, conventional loans were 69.5%, FHA 19.4%, VA 7.7% and USDA/RHS 3.4%. Informational data, not lending advice.
Source: HMDA Data Browser (FFIEC / CFPB). Data as of June 2026.
Louisiana mortgage lending at a glance
| Indicator | Louisiana |
|---|---|
| Total originations (purchase + refinance, 2023) | 54,124 |
| Denied applications | 23,559 |
| Mortgage denial rate | 30.3% |
| Denial-rate rank (1 = highest of 51) | #1 |
| Home-purchase denial rate | 29.9% |
| Refinance denial rate | 31.5% |
| Volume rank (1 = most loans of 51) | #28 |
Source: HMDA Data Browser (FFIEC / CFPB) (2023 reporting year). Data as of June 2026.
Source: HMDA Data Browser (2023), public domain. Denial rate = denied ÷ (originated + denied). Informational only — verify before relying on it.
What the denial rate means
Louisiana's mortgage denial rate of 30.3% means that for every 100 applications that were either approved-and-originated or denied, about 30 were turned down. That is much higher compared with the national figure of 19.6%. Denial rates are driven by applicant credit scores, debt-to-income ratios, the loan type and local home prices — not only by how strict lenders are. Refinance applications are often denied at a different rate than purchase loans: in Louisiana the purchase denial rate was 29.9% versus 31.5% for refinances.
Louisiana loan-type mix
How Louisiana's 54,124 originations break down by loan program. A higher FHA or VA share usually points to more first-time buyers, lower down payments, or a large veteran population.
| Loan type | Originations | Share |
|---|---|---|
| Conventional | 42,272 | 69.5% |
| FHA | 11,776 | 19.4% |
| VA | 4,706 | 7.7% |
| USDA / RHS | 2,078 | 3.4% |
Source: HMDA Data Browser (FFIEC / CFPB) (2023). Data as of June 2026.
See FHA vs VA vs conventional for what each program is. Shares are over loans with a reported type and may not sum to exactly 100% due to rounding.
States with a similar denial rate to Louisiana
| State | Denial rate | Originations | FHA share | VA share |
|---|---|---|---|---|
| Louisiana (this state) | 30.3% | 54,124 | 19.4% | 7.7% |
| Mississippi | 29.8% | 39,047 | 17.8% | 8.5% |
| West Virginia | 25.1% | 21,394 | 17.4% | 7.6% |
| New Mexico | 24.6% | 26,637 | 19.2% | 11.2% |
| Alabama | 24.4% | 79,109 | 16.6% | 10.7% |
| South Carolina | 23.8% | 98,330 | 15.5% | 11.1% |
Frequently asked questions
What was the mortgage denial rate in Louisiana in 2023?
In 2023, the mortgage denial rate in Louisiana was about 30.3% — that is, 23,559 applications were denied out of 77,683 that were either originated or denied. That is +10.7 points versus the national rate of 19.6%, and ranks Louisiana #1 of 51 from highest to lowest. Figures are from HMDA; verify before relying on them.
How many mortgages were originated in Louisiana?
Lenders originated about 54,124 home-purchase and refinance loans in Louisiana in 2023 (HMDA reporting year), ranking it #28 of 51 by volume. Of those, the home-purchase denial rate was 29.9% and the refinance denial rate was 31.5%.
What share of Louisiana mortgages are FHA or VA loans?
In Louisiana, FHA loans made up about 19.4% of originations and VA loans about 7.7%, with conventional loans the largest share at 69.5% and USDA/RHS loans 3.4%. Higher government-backed shares often reflect more first-time and lower-down-payment buyers.
Is it harder to get a mortgage in Louisiana than elsewhere?
Louisiana's denial rate of 30.3% is well above the national denial rate. Denial rates reflect applicant credit, income and debt, loan type and local home prices as much as lender behavior, so a higher rate does not by itself mean stricter lenders. States with the most similar denial rates to Louisiana are Mississippi, West Virginia, New Mexico.
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Sources & accuracy
All counts are from the HMDA Data Browser (FFIEC / CFPB, 2023 reporting year, public domain). Denial rate, loan-type shares and ranks are transparent calculations over those counts (see methodology). This page is informational and is not financial or lending advice — verify with a licensed lender before making a decision.
Last updated: 2026-06-20