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2024 data HMDA 2024 disclosure official source

Vernon Parish

1,312 mortgage applications, 19.4% denial rate. Verify FIPS 22115 with U.S. Census Bureau →

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Louisiana · FIPS 22115

Local mortgage market. Vernon Parish, Louisiana saw 1,312 HMDA-reported mortgage applications in 2024. Lenders originated 587 of those loans and denied 254, producing a denial rate of 19.4% and an approval (origination) rate of 44.7%. The average loan amount was $175,877 at an average note rate of 7.18%, with applicants self-reporting average annual income of $38K. 83 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.6x, meaning typical borrowers took on mortgages of about 4.6 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 22115 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,312
Applications
587
Originated
19.4%
Denial Rate
44.7%
Approval Rate
$175,877
Avg Loan Amount
7.18%
Avg Interest Rate
$38K
Avg Applicant Income
4.6x
Loan-to-Income Ratio

Nearby Lenders in Vernon 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 United Wholesale Mortgage 54 9.2%
2 Merchants & Farmers Bank & Tc 51 8.7%
3 Fairway Independent Mort CORP 43 7.3%
4 Mortgage Research Center 41 7.0%
5 21st Mortgage 40 6.8%
Compare United Wholesale Mortgage vs Merchants & Farmers Bank & Tc →

Frequently Asked Questions

How many mortgage applications were filed in Vernon Parish?
In the 2024 HMDA reporting year, 1,312 mortgage applications were filed in Vernon Parish, Louisiana. Of these, 587 were originated (approved and funded), while 254 were denied, resulting in a denial rate of 19.4%.
What is the mortgage denial rate in Vernon Parish?
The mortgage denial rate in Vernon Parish is 19.4%. The approval (origination) rate is 44.7%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Vernon Parish?
The average mortgage loan amount in Vernon Parish is $175,877. The average interest rate is 7.181%. The average applicant income is $38K.
What is the loan-to-income ratio in Vernon Parish?
The average loan-to-income ratio in Vernon Parish is 4.6x, meaning borrowers took on loans averaging 4.6 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Vernon Parish?
The top mortgage lenders in Vernon Parish by origination volume are United Wholesale Mortgage, Merchants & Farmers Bank & Tc, Fairway Independent Mort CORP. In total, 83 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.