PlainLender
2024 data HMDA 2024 disclosure official source

Allen Parish

518 mortgage applications, 27.8% denial rate. Verify FIPS 22003 with U.S. Census Bureau →

PlainLender home → About this data

Louisiana · FIPS 22003

Local mortgage market. Allen Parish, Louisiana saw 518 HMDA-reported mortgage applications in 2024. Lenders originated 193 of those loans and denied 144, producing a denial rate of 27.8% and an approval (origination) rate of 37.3%. The average loan amount was $136,950 at an average note rate of 7.47%, with applicants self-reporting average annual income of $36K. 60 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.8x, meaning typical borrowers took on mortgages of about 3.8 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 22003 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

518
Applications
193
Originated
27.8%
Denial Rate
37.3%
Approval Rate
$136,950
Avg Loan Amount
7.47%
Avg Interest Rate
$36K
Avg Applicant Income
3.8x
Loan-to-Income Ratio

Nearby Lenders in Allen Parish

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 21st Mortgage 15 7.8%
2 Rocket Mortgage 13 6.7%
3 Lower, LLC 10 5.2%
4 United Wholesale Mortgage 9 4.7%
5 La Capitol Federal Credit Union 8 4.1%
Compare 21st Mortgage vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Allen Parish?
In the 2024 HMDA reporting year, 518 mortgage applications were filed in Allen Parish, Louisiana. Of these, 193 were originated (approved and funded), while 144 were denied, resulting in a denial rate of 27.8%.
What is the mortgage denial rate in Allen Parish?
The mortgage denial rate in Allen Parish is 27.8%. The approval (origination) rate is 37.3%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Allen Parish?
The average mortgage loan amount in Allen Parish is $136,950. The average interest rate is 7.470%. The average applicant income is $36K.
What is the loan-to-income ratio in Allen Parish?
The average loan-to-income ratio in Allen Parish is 3.8x, meaning borrowers took on loans averaging 3.8 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Allen Parish?
The top mortgage lenders in Allen Parish by origination volume are 21st Mortgage, Rocket Mortgage, Lower, LLC. In total, 60 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.