Rocket Mortgage in Louisiana: applications, originations and denial rate, 2024

Lenders › Rocket Mortgage › 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.

In Louisiana, Rocket Mortgage reported 4,528 applications and 2,946 originations for 2024, $561m in all.

Its denial rate in the state was 27.3%, below the Louisiana rate of 30.2% across all lenders and compared with the lender's national rate of 18.2%.

The median rate spread on its Louisiana originations was 0.6 percentage points (state median 0.4).

Applications in the state were up 7% on 2023.

4,528applications in LA, 20240.9% of the lender's total

2,946loans originated$561m

27.3%denial rateLA all lenders 30.2%

0.6 ppmedian rate spreadLA 0.4 pp

Compared with the state and the lender's national record

Measure	In Louisiana	Louisiana, all lenders	Rocket Mortgage, all states	United States
Denial rate	27.3%	30.2%	18.2%	24.3%
Median rate spread, pp	0.6	0.4	0.5	0.3
Originations with spread of 1.5 pp or more	16.0%	17.0%	17.8%	15.6%
Average originated loan	$191k	$234k	$270k	$329k
Home purchase share	34.9%	63.7%	38.0%	57.0%
FHA-insured share	27.8%	20.7%	18.5%	13.4%
VA-guaranteed share	9.2%	9.3%	7.8%	7.9%

Trend by year

ApplicationsOriginations

Rocket Mortgage 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 35% (1,028)Home improvement 1% (34)Refinancing 11% (333)Cash-out refinancing 46% (1,364)Other purpose 6% (187)

By type

Conventional 63% (1,856)FHA 28% (820)VA 9% (270)

Denial reasons as coded

Collateral45.8%

Debt-to-income ratio18.4%

Credit application incomplete17.8%

Credit history6.1%

Insufficient cash (downpayment, closing costs)4.1%

Unverifiable information3.5%

Other3.4%

Employment history0.9%

Mortgage insurance denied0%

Share of 1,132 denials in Louisiana by first denial reason coded (outlined bar: all lenders in the state).

Counties in Louisiana

County	Applications	Originations	Amount	Denial rate
Jefferson Parish	477	321	$60m	26.3%
St. Tammany Parish	379	268	$55m	20.5%
East Baton Rouge Parish	368	233	$47m	27.2%
Orleans Parish	343	195	$47m	36.5%
Lafayette Parish	267	187	$41m	21.9%
Caddo Parish	218	132	$21m	31.7%
Calcasieu Parish	206	118	$21m	34.9%
Livingston Parish	161	111	$23m	23.1%
Tangipahoa Parish	158	103	$20m	23.2%
Ascension Parish	144	100	$22m	23.0%
Ouachita Parish	136	92	$16m	23.4%
Bossier Parish	135	91	$17m	25.0%
Rapides Parish	129	79	$14m	31.4%
St. Charles Parish	84	65	$14m	14.3%
Terrebonne Parish	88	56	$10m	27.2%
St. Landry Parish	76	56	$8.6m	23.3%
Lafourche Parish	87	49	$7.6m	35.1%
St. John the Baptist Parish	55	35	$6.0m	30.2%
Lincoln Parish	46	33	$7.2m	23.3%
Vermilion Parish	56	30	$4.8m	41.2%
Acadia Parish	54	30	$4.4m	41.2%
St. Martin Parish	44	30	$4.9m	30.2%
Avoyelles Parish	42	28	$4.6m	24.3%
Iberia Parish	45	27	$4.3m	34.9%
Washington Parish	41	27	$3.6m	27.0%
St. Bernard Parish	40	26	$4.0m	25.7%
Beauregard Parish	44	25	$3.8m	35.9%
Vernon Parish	32	25	$3.9m	10.7%
De Soto Parish	32	23	$3.8m	17.9%
Natchitoches Parish	38	22	$3.9m	35.3%
Webster Parish	37	22	$2.8m	30.3%
Sabine Parish	27	22	$5.6m	12.0%
Jefferson Davis Parish	30	21	$3.6m	22.2%
St. Mary Parish	27	20	$3.0m	16.0%

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Rocket Mortgage originate in Louisiana in 2024?

2,946 loans totalling $561m, from 4,528 applications reported for properties in Louisiana.

What is Rocket Mortgage's denial rate in Louisiana?

27.3% of decided applications in Louisiana were denied, against 30.2% for all lenders in the state and 18.2% 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 Rocket Mortgage lend in most?

By originations: Jefferson Parish (321), St. Tammany Parish (268), East Baton Rouge Parish (233), Orleans Parish (195), Lafayette Parish (187).

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 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.