Abbeville Building & Loan

Abbeville, LA

Abbeville Building & Loan processed 248 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 195 loans with a 8.9% denial rate. Home Purchase was the primary loan purpose. Based in Abbeville, LA. The approval rate of 78.6% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. Abbeville Building & Loan processed 248 HMDA-reported mortgage applications in 2024, originating 195 loans and denying 22 for a denial rate of 8.9%. The average loan amount was $186,855. The lender reports under LEI 549300FJ9SHI3GDB7327 from Abbeville, LA.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Abbeville Building & Loan's 78.6% origination rate tells you how often an application turned into funded money; the 8.9% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (248 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

248
Applications
195
Originated
8.9%
Denial Rate
$186,855
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 248 195 22 $186,855

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Abbeville Building & Loan (LEI: 549300FJ9SHI3GDB7327) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 150 117 $250,600
Other 35 29 $38,714
Cash-out Refinancing 29 22 $178,103
Home Improvement 28 24 $40,714
Refinancing 6 3 $181,667

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 148 89.9% 4.7%
Asian 8 25.0% 37.5%
Black or African American 5 80.0% 20.0%
Joint 4 75.0% 25.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 163 85.3% 7.4%
Hispanic or Latino 1 100.0% 0.0%
Joint 1 100.0% 0.0%

Nearby Lenders in LA

Other HMDA-reporting lenders in LA with similar activity. Compare any two side-by-side.

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Abbeville Building & Loan process?
Abbeville Building & Loan processed 248 mortgage applications in the 2023 HMDA reporting year. Of these, 195 were originated (approved and funded), and 22 were denied.
What is Abbeville Building & Loan's mortgage approval rate?
Abbeville Building & Loan has an approval (origination) rate of 78.6%, meaning 78.6% of all applications resulted in a funded mortgage. The denial rate is 8.9%.
What is the average loan amount at Abbeville Building & Loan?
The average mortgage loan amount at Abbeville Building & Loan is $186,855.
What types of mortgage loans does Abbeville Building & Loan offer?
Abbeville Building & Loan processes Conventional loans. The most common type is Conventional with 248 applications and an average loan amount of $186,855.
What loan purposes does Abbeville Building & Loan serve?
Abbeville Building & Loan serves the following loan purposes: Home Purchase (150 applications), Other (35 applications), Cash-out Refinancing (29 applications), Home Improvement (28 applications), Refinancing (6 applications). Home Purchase is the most common purpose.
Where is Abbeville Building & Loan located?
Abbeville Building & Loan is headquartered in Abbeville, LA. The lender is identified by LEI 549300FJ9SHI3GDB7327 in HMDA data.
How does Abbeville Building & Loan compare in lending across racial demographics?
Abbeville Building & Loan reports demographic lending data under HMDA requirements. White applicants have an approval rate of 89.9% and denial rate of 4.7%; Asian applicants have an approval rate of 25.0% and denial rate of 37.5%; Black or African American applicants have an approval rate of 80.0% and denial rate of 20.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.