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Jefferson Parish Employees Federal Credit Union

Jefferson, LA

Jefferson Parish Employees Federal Credit Union processed 60 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 53 loans with a 8.3% denial rate. Home Purchase was the primary loan purpose. Based in Jefferson, LA. The approval rate of 88.3% reflects originated loans as a share of all applications.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Jefferson Parish Employees Federal Credit Union's 88.3% origination rate tells you how often an application turned into funded money; the 8.3% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (60 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.

60
Applications
53
Originated
8.3%
Denial Rate
$252,667
Avg Loan Amount
Avg Interest Rate: 5.785% Avg Applicant Income: $29,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 60 53 5 $252,667

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Jefferson Parish Employees Federal Credit Union (LEI: 25490095CTOC97LRQD90) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
3
Credit history
3
Other
2
Collateral
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 21 18 $335,476
Refinancing 21 19 $267,381
Cash-out Refinancing 14 12 $157,143
Other 4 4 $75,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White * 39 92.3% 5.1%
Asian * 6 100.0% 0.0%
Black or African American * 4 25.0% 50.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

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 * 28 89.3% 3.6%
Hispanic or Latino * 3 100.0% 0.0%
Joint * 2 50.0% 50.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in LA

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

Gmfs, LLC

BATON ROUGE, LA

8,161 apps 6,012 originated 3.3% denied

Eustis Mortgage Corp

New Orleans, LA

4,031 apps 2,848 originated 2.1% denied

DSLD Mortgage LLC

Baton Rouge, LA

3,819 apps 2,774 originated 7.8% denied

Mortgage Financial Services

Baton Rouge, LA

3,302 apps 2,138 originated 2.4% denied

Assurance Financial Group, L.L.C.

Baton Rouge, LA

3,092 apps 2,286 originated 4.2% denied
Compare Jefferson Parish Employees Federal Credit Union vs Gmfs, LLC →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Jefferson Parish Employees Federal Credit Union process?
Jefferson Parish Employees Federal Credit Union processed 60 mortgage applications in the 2024 HMDA reporting year. Of these, 53 were originated (approved and funded), 1 were withdrawn by the applicant, and 5 were denied.
What is Jefferson Parish Employees Federal Credit Union's mortgage approval rate?
Jefferson Parish Employees Federal Credit Union has an approval (origination) rate of 88.3%, meaning 88.3% of all applications resulted in a funded mortgage. The denial rate is 8.3%.
What is the average loan amount at Jefferson Parish Employees Federal Credit Union?
The average mortgage loan amount at Jefferson Parish Employees Federal Credit Union is $252,667. The average interest rate is 5.785%. The average applicant income is $29,000.
What are the most common reasons for mortgage denial at Jefferson Parish Employees Federal Credit Union?
The most common reasons for mortgage denial at Jefferson Parish Employees Federal Credit Union are: Debt-to-income ratio, Credit history, Other. In total, 5 applications were denied out of 60 total applications.
What types of mortgage loans does Jefferson Parish Employees Federal Credit Union offer?
Jefferson Parish Employees Federal Credit Union processes Conventional loans. The most common type is Conventional with 60 applications and an average loan amount of $252,667.
What loan purposes does Jefferson Parish Employees Federal Credit Union serve?
Jefferson Parish Employees Federal Credit Union serves the following loan purposes: Home Purchase (21 applications), Refinancing (21 applications), Cash-out Refinancing (14 applications), Other (4 applications). Home Purchase is the most common purpose.
Where is Jefferson Parish Employees Federal Credit Union located?
Jefferson Parish Employees Federal Credit Union is headquartered in Jefferson, LA. The lender is identified by LEI 25490095CTOC97LRQD90 in HMDA data.
How does Jefferson Parish Employees Federal Credit Union compare in lending across racial demographics?
Jefferson Parish Employees Federal Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 92.3% and denial rate of 5.1%; Asian applicants have an approval rate of 100.0% and denial rate of 0.0%; Black or African American applicants have an approval rate of 25.0% and denial rate of 50.0%. 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.

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.