Armed Forces Bank in Indiana vs the state
17.4%Denial rate+0.82 pts vs state
22.2%Decision denial rate+2.08 pts vs state
60.9%Origination rate-1.38 pts vs state
6.13%Median rate-0.63 pts vs state
-0.32Rate spread (pts)-0.68 pts vs state
$141kMedian applicant income
14Loans originated
4Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 11 | 7 | 9.1% | 6.00% | #514 |
| 2024 | 24 | 14 | 12.5% | 6.44% | #426 |
| 2025 | 23 | 14 | 17.4% | 6.13% | #440 |
What Armed Forces Bank lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Armed Forces Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hamilton County | 6 | 3 | 1 | 16.7% |
| Lake County | 4 | 3 | 0 | 0.0% |
| Hendricks County | 2 | 1 | 1 | 50.0% |
| LaPorte County | 2 | 2 | 0 | 0.0% |
| Monroe County | 2 | 2 | 0 | 0.0% |
| Steuben County | 1 | 1 | 0 | 0.0% |
| Tippecanoe County | 1 | 0 | 0 | 0.0% |
| Elkhart County | 1 | 0 | 1 | 100.0% |
| Porter County | 1 | 1 | 0 | 0.0% |
| Marshall County | 1 | 1 | 0 | 0.0% |
Other large lenders in Indiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,503 | 18.6% | 6.75% |
| Ruoff Mortgage Company | A | 8,860 | 4.0% | 6.75% |
| Fifth Third Bank | D | 8,693 | 27.6% | 7.75% |
| United Shore Financial Services | B | 8,659 | 12.2% | 6.38% |
| Freedom Mortgage | B | 5,454 | 8.9% | 6.25% |
| Newrez | D | 5,421 | 18.2% | 6.63% |
| First Merchants Bank | C | 5,114 | 19.9% | 6.76% |
| Fairway Independent Mortgage | B | 4,813 | 7.4% | 6.75% |
| Mortgage Research Center | C | 4,791 | 19.0% | 6.25% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
Frequently asked questions
Indiana: 23 applications in 2025, of which 14 were originated and 4 denied.
17.4% of all applications, or 22.2% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Armed Forces Bank originated in Indiana in 2025 was 6.13%, against a statewide median of 6.75%.
About this data. Figures are Armed Forces Bank's own HMDA filing for properties located in Indiana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology