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Vernon Parish, Louisiana
Mortgage lending record for properties in the county, calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Vernon Parish, Louisiana, saw 1,185 HMDA-reported applications and 587 originations ($107m) in 2024.
That is 32.1 originations per 1,000 households, against 34.6 for Louisiana and 48.0 nationally.
The county's denial rate was 27.9%, below the state rate of 30.2%. The median rate spread on originated loans was 0.4 percentage points and 20.9% of originations were 1.5 points or more above the average prime offer rate.
13 lenders reached 25 applications in the county; the most active by originations were United Wholesale Mortgage (54), Merchants & Farmers Bank & Tc (51) and Fairway Independent Mort Corp (43).
Originations were about level with 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | United Wholesale Mortgage | 84 | 54 | $12m | 19.1% | — |
| 2 | Merchants & Farmers Bank & Tc | 75 | 51 | $6.9m | 17.3% | — |
| 3 | Fairway Independent Mort Corp | 54 | 43 | $8.6m | 2.2% | — |
| 4 | Mortgage Research Center | 68 | 41 | $8.8m | 16.3% | — |
| 5 | 21st Mortgage | 141 | 40 | $5.1m | 43.6% | — |
| 6 | Freedom Mortgage Corporation | 53 | 33 | $8.9m | 12.5% | — |
| 7 | Navy Federal Credit Union | 66 | 28 | $4.3m | 35.6% | — |
| 8 | Barksdale Federal Credit Union | 60 | 28 | $3.1m | 44.2% | — |
| 9 | Rocket Mortgage | 32 | 25 | $3.9m | 10.7% | — |
| 10 | Eustis Mortgage Corp | 34 | 22 | $5.1m | 12.0% | — |
| 11 | Sabine State Bank and Trust Company | 28 | 21 | $3.1m | 18.5% | — |
| 12 | Triad Financial Services, Inc. | 58 | 7 | $665k | 36.2% | — |
| 13 | Vanderbilt Mortgage and Finance, Inc | 29 | 5 | $625k | — | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 13. Denial rate is denials over decided applications in this county.
Compared with Louisiana and the nation
| Measure | This county | Louisiana | United States |
|---|---|---|---|
| Denial rate | 27.9% | 30.2% | 24.3% |
| Median rate spread, pp | 0.4 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 20.9% | 17.0% | 15.6% |
| Average originated loan | $183k | $234k | $329k |
| Originations per 1,000 households | 32.1 | 34.6 | 48.0 |
| Home purchase share of originations | 68.0% | 63.7% | 57.0% |
| FHA-insured share | 13.1% | 20.7% | 13.4% |
| VA-guaranteed share | 39.7% | 9.3% | 7.9% |
Rate spread distribution
Share of 487 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: Louisiana). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.
Loan purpose and loan type
By purpose
Home purchase 68% (399)Home improvement 4% (23)Refinancing 16% (95)Cash-out refinancing 9% (50)Other purpose 3% (20)
By type
Conventional 44% (260)FHA 13% (77)VA 40% (233)USDA 3% (17)
Trend by year
ApplicationsOriginations
This countyLouisiana
Questions and answers
Which lenders are most active in Vernon Parish, LA?
By 2024 originations: United Wholesale Mortgage (54), Merchants & Farmers Bank & Tc (51), Fairway Independent Mort Corp (43), Mortgage Research Center (41), 21st Mortgage (40). 13 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Vernon Parish?
27.9% of decided applications were denied in 2024, against 30.2% across Louisiana and 24.3% nationally.
How many mortgages were originated in Vernon Parish in 2024?
587 loans totalling $107m, from 1,185 applications; 32.1 originations per 1,000 households.
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 22115; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.