Boonville Federal Savings Bank · Indiana · 2025

Boonville Federal Savings Bank in Indiana: approval rate, denial rate and rates (2025)

Boonville Federal Savings Bank took 57 mortgage applications in Indiana in 2025, ranking #340 of 1,025 lenders active in the state. It originated 75.4% of them and denied 5.3% (6.5% of the applications it decided), against a statewide denial rate of 16.6%.

57Applicationsin IN
6.5%Decision denial ratestate 20.1%
8.00%Median ratestate 6.75%
$125,000Median loanstate $155,000
$6.3MVolume9 counties

Boonville Federal Savings Bank in Indiana vs the state

5.3%Denial rate-11.31 pts vs state
6.5%Decision denial rate-13.62 pts vs state
75.4%Origination rate+13.19 pts vs state
8.00%Median rate+1.25 pts vs state
1.30Rate spread (pts)+0.93 pts vs state
$100kMedian applicant income
43Loans originated
3Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023694411.6%7.85%#291
2024705110.0%9.25%#297
202557435.3%8.00%#340

What Boonville Federal Savings Bank lends in Indiana

By loan purpose

Home purchase 29 51% · 10.3% denied
Refinance 10 18% · 0.0% denied
Cash-out refinance 10 18% · 0.0% denied
Home improvement 3 5% · 0.0% denied
Other / HELOC 5 9% · 0.0% denied

By loan type

Conventional 57 100% · 5.3% denied

Why it denied Indiana applicants

Other 1 33%
Insufficient cash 1 33%
Debt-to-income ratio 1 33%

Where in Indiana

Counties with the most Boonville Federal Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Warrick County 38283 7.9%
Vanderburgh County 870 0.0%
Spencer County 430 0.0%
Knox County 220 0.0%
Pike County 110 0.0%
Gibson County 110 0.0%
Sullivan County 100 0.0%
Hamilton County 100 0.0%
Posey County 110 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: 57 applications in 2025, of which 43 were originated and 3 denied.

5.3% of all applications, or 6.5% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Boonville Federal Savings Bank originated in Indiana in 2025 was 8.00%, against a statewide median of 6.75%.

About this data. Figures are Boonville Federal Savings 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