# Eureka Homestead

> **Canonical URL:** https://saferate.com/lenders/eureka-homestead


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Eureka Homestead is a bank, headquartered in Metairie, LA, serving borrowers across 2 states, with 29 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 42% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 57% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300B1HO0P8G3WYQ31
- **Headquarters:** Metairie, LA
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** LA, MS
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 97.1%
- **Brokered/Wholesale:** 2.9%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 58/100
- Rating: ●●●○○ (3/5)

### Pull Through: Sound ☺️
- Score: 43/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.198%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,657
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 29
- **Dollar Volume:** $9 million
- **Applications Received:** 34
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $316,034
- **Average Borrower Income:** $206,379
- **Average Property Value:** $433,621

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 24/100 | 28 | +0.198% | $1,657 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 24 loans, Score: 25/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 25/100 | 24 | $7M | +0.175% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| LA | 27 | 0.08% | 59/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| New Orleans | LA | 18 | 59/100 |

## Where This Lender Ranks

Eureka Homestead appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#16** in New Orleans for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/new-orleans/best-mortgage-lenders/banks/conventional-loans)

## Frequently Asked Questions

### What loan types does Eureka Homestead offer?

Eureka Homestead offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Eureka Homestead offer mortgages?

Eureka Homestead offers mortgages in 2 states: LA, MS.

### How competitive are Eureka Homestead's mortgage rates?

Eureka Homestead has a pricing score of 58/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.198% above market average.

### What type of lender is Eureka Homestead?

Eureka Homestead is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Metairie, LA.

### What is Eureka Homestead's loan approval success rate?

Eureka Homestead has a pull-through score of 43/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/eureka-homestead

### How to Cite

> "Eureka Homestead Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/eureka-homestead

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