Vanderbilt Mortgage and Finance, Inc in Louisiana: applications, originations and denial rate, 2024

Lenders › Vanderbilt Mortgage and Finance, Inc › Louisiana

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.

Vanderbilt Mortgage and Finance, Inc's 2024 HMDA record for Louisiana covers 4,652 applications, 586 of them originated, worth $58m.

Its denial rate in the state was 77.1%, above the Louisiana rate of 30.2% across all lenders and compared with the lender's national rate of 69.7%.

The median rate spread on its Louisiana originations was 4.1 percentage points (state median 0.4).

Applications in the state were down 6% on 2023.

4,652applications in LA, 20243.8% of the lender's total

586loans originated$58m

77.1%denial rateLA all lenders 30.2%

4.1 ppmedian rate spreadLA 0.4 pp

Compared with the state and the lender's national record

Measure	In Louisiana	Louisiana, all lenders	Vanderbilt Mortgage and Finance, Inc, all states	United States
Denial rate	77.1%	30.2%	69.7%	24.3%
Median rate spread, pp	4.1	0.4	2.5	0.3
Originations with spread of 1.5 pp or more	97.8%	17.0%	61.0%	15.6%
Average originated loan	$100k	$234k	$204k	$329k
Home purchase share	99.8%	63.7%	98.8%	57.0%
FHA-insured share	0.2%	20.7%	11.3%	13.4%
VA-guaranteed share	0.0%	9.3%	5.2%	7.9%

Trend by year

ApplicationsOriginations

Vanderbilt Mortgage and Finance, Inc in Louisiana: applications and originations, 2022–2024

This lender in stateLouisiana, all lenders

Denial rate by year, state rate dashed

Loan purpose and loan type in Louisiana

By purpose

Home purchase 100% (585)Refinancing 0% (1)

By type

Conventional 100% (585)FHA 0% (1)

Denial reasons as coded

Credit history45.3%

Unverifiable information34.5%

Debt-to-income ratio19.8%

Employment history0.2%

Credit application incomplete0.1%

Collateral0%

Insufficient cash (downpayment, closing costs)0%

Mortgage insurance denied0%

Other0%

Share of 2,392 denials in Louisiana by first denial reason coded (outlined bar: all lenders in the state).

Counties in Louisiana

County	Applications	Originations	Amount	Denial rate
Tangipahoa Parish	518	44	$3.7m	82.5%
Calcasieu Parish	210	38	$3.0m	68.9%
Livingston Parish	220	36	$4.0m	73.3%
Ascension Parish	263	31	$5.3m	77.5%
St. Martin Parish	151	30	$3.2m	63.1%
St. Landry Parish	231	24	$2.8m	81.0%
Lafayette Parish	364	23	$2.1m	89.1%
Washington Parish	163	22	$2.4m	75.0%
Lafourche Parish	104	19	$1.1m	69.3%
Terrebonne Parish	139	17	$1.1m	81.2%
Acadia Parish	120	17	$1.9m	74.7%
St. Tammany Parish	160	14	$1.5m	74.7%
Natchitoches Parish	107	14	$1.5m	75.0%
Vermilion Parish	101	14	$1.4m	76.5%
Iberia Parish	140	13	$1.1m	81.0%
Rapides Parish	82	13	$1.2m	73.1%
St. James Parish	71	13	$885k	70.9%
Assumption Parish	70	13	$1.1m	73.7%
St. Mary Parish	78	11	$855k	78.4%
Iberville Parish	76	10	$930k	82.1%
Beauregard Parish	57	10	$1.2m	68.4%
Jefferson Davis Parish	45	10	$900k	60.7%
Ouachita Parish	94	9	$1.1m	77.8%
East Baton Rouge Parish	73	9	$1.1m	80.9%
Caddo Parish	69	9	$1.2m	77.5%
St. Helena Parish	61	9	$605k	66.7%
St. John the Baptist Parish	53	8	$240k	75.0%
Bossier Parish	56	7	$825k	83.3%
St. Charles Parish	48	7	$365k	77.4%
Avoyelles Parish	39	7	$725k	—
East Feliciana Parish	34	7	$915k	71.4%
De Soto Parish	27	7	$825k	—
Allen Parish	41	6	$600k	73.1%
Sabine Parish	44	5	$545k	82.8%
Pointe Coupee Parish	43	5	$545k	77.4%
Union Parish	37	5	$425k	69.2%
Vernon Parish	29	5	$625k	—
Webster Parish	26	5	$595k	—
West Baton Rouge Parish	31	4	$300k	—
Winn Parish	29	3	$345k	—

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Vanderbilt Mortgage and Finance, Inc originate in Louisiana in 2024?

586 loans totalling $58m, from 4,652 applications reported for properties in Louisiana.

What is Vanderbilt Mortgage and Finance, Inc's denial rate in Louisiana?

77.1% of decided applications in Louisiana were denied, against 30.2% for all lenders in the state and 69.7% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.

Which Louisiana counties does Vanderbilt Mortgage and Finance, Inc lend in most?

By originations: Tangipahoa Parish (44), Calcasieu Parish (38), Livingston Parish (36), Ascension Parish (31), St. Martin Parish (30).

Where does this data come from?

From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Louisiana. Built 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.