Lake Charles
Metropolitan Statistical Area · MSA Code 29340
According to CFPB HMDA 2024 application volume among tracked metros, Lake Charles ranks #272 of 418.
Mortgage lending activity in the Lake Charles metro area based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this geography during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Metro-area mortgage activity. The Lake Charles Metropolitan Statistical Area (MSA code 29340) recorded 6,680 HMDA-reported mortgage applications in 2024. Lenders originated 3,056 of those and denied others at a rate of 18.9%, for an approval (origination) rate of 45.7%. The average loan amount across the MSA was $194,374 at an average note rate of 7.17%. 20 major lenders are tracked for this metro - United Wholesale Mortgage, Fidelity Bank, Lower, LLC lead by origination volume. Among the 418 metros tracked, Lake Charles ranks #334 by denial rate (the 20th percentile for approval-friendliness), and shares its 5-point denial-rate band with 241 other tracked metros.
What MSA numbers tell you, and what they don't. Metro area boundaries are defined by the U.S. Office of Management and Budget and typically span multiple counties, so a single Lake Charles denial rate averages across urban core, inner suburbs, and outer commuter communities with very different borrower profiles. A 18.9% denial rate at the MSA level can coexist with widely varying individual-lender denial rates; $194,374 average loan size reflects the MSA's property values and the borrower pool that actually applied, not any single neighborhood. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Lake Charles
In Lake Charles, lead originator United Wholesale Mortgage funded only 5.7% of 3,056 originated loans, below the fleet's lower tercile (~8.7% top-1 share). The top three reporters together hold 16.3% of the book, so shopping across channels still meets many active filers.
Metros With a Similar Denial Rate
The metro areas closest to Lake Charles's 18.9% denial rate among all 418 tracked MSAs.
Metros With Similar Application Volume
Nationwide MSAs nearest to Lake Charles's 6,680 HMDA applications (deduped against the denial-rate neighbourhood).
Metros With a Similar Average Loan
Nationwide MSAs nearest to Lake Charles's $194,374 average loan (deduped against denial and volume peers).
Lenders active in the Lake Charles metro
United Wholesale Mortgage funded 173 of the 3,056 loans originated here, 5.7% of the metro. 20 reporting lenders follow.
| # | Lender | Originated | Applications | Avg Loan | Market Share |
|---|---|---|---|---|---|
| 1 | United Wholesale Mortgage | 173 | 247 | $232,611 | 5.7% |
| 2 | Fidelity Bank | 170 | 230 | $188,391 | 5.6% |
| 3 | Lower, LLC | 154 | 202 | $202,475 | 5.0% |
| 4 | Rocket Mortgage | 143 | 248 | $165,363 | 4.7% |
| 5 | Gmfs, LLC | 115 | 168 | $243,095 | 3.8% |
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. Metropolitan Statistical Areas defined by the U.S. Office of Management and Budget (OMB).
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only; does not constitute financial advice for Lake Charles borrowers.
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 Lake Charles 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. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.