Bankers' Bank · Indiana · 2025

Bankers' Bank in Indiana: approval rate, denial rate and rates (2025)

Bankers' Bank took 45 mortgage applications in Indiana in 2025, ranking #360 of 1,025 lenders active in the state. It originated 68.9% of them and denied 13.3% (16.2% of the applications it decided), against a statewide denial rate of 16.6%.

45Applicationsin IN
16.2%Decision denial ratestate 20.1%
6.88%Median ratestate 6.75%
$205,000Median loanstate $155,000
$7.5MVolume18 counties

Bankers' Bank in Indiana vs the state

13.3%Denial rate-3.24 pts vs state
16.2%Decision denial rate-3.92 pts vs state
68.9%Origination rate+6.64 pts vs state
6.88%Median rate+0.13 pts vs state
0.44Rate spread (pts)+0.07 pts vs state
$100kMedian applicant income
31Loans originated
6Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023271714.8%7.00%#397
2024523317.3%6.88%#336
2025453113.3%6.88%#360

What Bankers' Bank lends in Indiana

By loan purpose

Home purchase 30 67% · 13.3% denied
Refinance 8 18% · 12.5% denied
Cash-out refinance 6 13% · 0.0% denied
Home improvement 1 2% · 100.0% denied

By loan type

Conventional 43 96% · 11.6% denied
USDA / RHS 2 4% · 50.0% denied

Why it denied Indiana applicants

Collateral 3 50%
Credit history 1 17%
Debt-to-income ratio 1 17%
Other 1 17%

Where in Indiana

Counties with the most Bankers' Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hamilton County 751 14.3%
Rush County 531 20.0%
Montgomery County 440 0.0%
Madison County 431 25.0%
Henry County 421 25.0%
White County 330 0.0%
Benton County 311 33.3%
Hendricks County 320 0.0%
Johnson County 210 0.0%
Tippecanoe County 210 0.0%

Other large lenders in Indiana

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 13,50318.6%6.75%
Ruoff Mortgage CompanyA 8,8604.0%6.75%
Fifth Third BankD 8,69327.6%7.75%
United Shore Financial ServicesB 8,65912.2%6.38%
Freedom MortgageB 5,4548.9%6.25%
NewrezD 5,42118.2%6.63%
First Merchants BankC 5,11419.9%6.76%
Fairway Independent MortgageB 4,8137.4%6.75%
Mortgage Research CenterC 4,79119.0%6.25%
PNC BankD 4,72425.1%7.55%

Frequently asked questions

Indiana: 45 applications in 2025, of which 31 were originated and 6 denied.

13.3% of all applications, or 16.2% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Bankers' Bank originated in Indiana in 2025 was 6.88%, against a statewide median of 6.75%.

About this data. Figures are Bankers' 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