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2024 data HMDA 2024 disclosure official source

Vermilion Parish

1,637 mortgage applications, 22.2% denial rate. Verify FIPS 22113 with U.S. Census Bureau →

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Louisiana · FIPS 22113

Local mortgage market. Vermilion Parish, Louisiana saw 1,637 HMDA-reported mortgage applications in 2024. Lenders originated 741 of those loans and denied 364, producing a denial rate of 22.2% and an approval (origination) rate of 45.3%. The average loan amount was $155,971 at an average note rate of 6.89%, with applicants self-reporting average annual income of $37K. 109 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.2x, meaning typical borrowers took on mortgages of about 4.2 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 22113 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,637
Applications
741
Originated
22.2%
Denial Rate
45.3%
Approval Rate
$155,971
Avg Loan Amount
6.89%
Avg Interest Rate
$37K
Avg Applicant Income
4.2x
Loan-to-Income Ratio

Nearby Lenders in Vermilion 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 Abbeville Building & Loan 82 11.1%
2 United Wholesale Mortgage 75 10.1%
3 Vermilion Bank & Trust Company 42 5.7%
4 DHI Mortgage Company, LTD. 39 5.3%
5 Bank of Erath 35 4.7%
Compare Abbeville Building & Loan vs United Wholesale Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Vermilion Parish?
In the 2024 HMDA reporting year, 1,637 mortgage applications were filed in Vermilion Parish, Louisiana. Of these, 741 were originated (approved and funded), while 364 were denied, resulting in a denial rate of 22.2%.
What is the mortgage denial rate in Vermilion Parish?
The mortgage denial rate in Vermilion Parish is 22.2%. The approval (origination) rate is 45.3%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Vermilion Parish?
The average mortgage loan amount in Vermilion Parish is $155,971. The average interest rate is 6.894%. The average applicant income is $37K.
What is the loan-to-income ratio in Vermilion Parish?
The average loan-to-income ratio in Vermilion Parish is 4.2x, meaning borrowers took on loans averaging 4.2 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Vermilion Parish?
The top mortgage lenders in Vermilion Parish by origination volume are Abbeville Building & Loan, United Wholesale Mortgage, Vermilion Bank & Trust Company. In total, 109 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.