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2024 data HMDA 2024 disclosure official source

Orleans Parish

9,589 mortgage applications, 21.0% denial rate. Verify FIPS 22071 with U.S. Census Bureau →

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Louisiana · FIPS 22071

Local mortgage market. Orleans Parish, Louisiana saw 9,589 HMDA-reported mortgage applications in 2024. Lenders originated 4,206 of those loans and denied 2,013, producing a denial rate of 21.0% and an approval (origination) rate of 43.9%. The average loan amount was $293,886 at an average note rate of 7.23%, with applicants self-reporting average annual income of $38K. 279 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 7.7x, meaning typical borrowers took on mortgages of about 7.7 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 22071 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

9,589
Applications
4,206
Originated
21.0%
Denial Rate
43.9%
Approval Rate
$293,886
Avg Loan Amount
7.23%
Avg Interest Rate
$38K
Avg Applicant Income
7.7x
Loan-to-Income Ratio

Nearby Lenders in Orleans 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 Gulf Coast Bank and Trust 299 7.1%
2 Fidelity Bank 287 6.8%
3 United Wholesale Mortgage 256 6.1%
4 Hancock Whitney Bank 225 5.3%
5 First Horizon Bank 220 5.2%
Compare Gulf Coast Bank and Trust vs Fidelity Bank →

Frequently Asked Questions

How many mortgage applications were filed in Orleans Parish?
In the 2024 HMDA reporting year, 9,589 mortgage applications were filed in Orleans Parish, Louisiana. Of these, 4,206 were originated (approved and funded), while 2,013 were denied, resulting in a denial rate of 21.0%.
What is the mortgage denial rate in Orleans Parish?
The mortgage denial rate in Orleans Parish is 21.0%. The approval (origination) rate is 43.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Orleans Parish?
The average mortgage loan amount in Orleans Parish is $293,886. The average interest rate is 7.231%. The average applicant income is $38K.
What is the loan-to-income ratio in Orleans Parish?
The average loan-to-income ratio in Orleans Parish is 7.7x, meaning borrowers took on loans averaging 7.7 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Orleans Parish?
The top mortgage lenders in Orleans Parish by origination volume are Gulf Coast Bank and Trust, Fidelity Bank, United Wholesale Mortgage. In total, 279 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.