Citibank · Indiana · 2025

Citibank in Indiana: approval rate, denial rate and rates (2025)

Citibank took 174 mortgage applications in Indiana in 2025, ranking #218 of 1,025 lenders active in the state. It originated 30.5% of them and denied 24.7% (44.3% of the applications it decided), against a statewide denial rate of 16.6%.

174Applicationsin IN
44.3%Decision denial ratestate 20.1%
6.13%Median ratestate 6.75%
$105,000Median loanstate $155,000
$18MVolume44 counties

Citibank in Indiana vs the state

24.7%Denial rate+8.14 pts vs state
44.3%Decision denial rate+24.19 pts vs state
30.5%Origination rate-31.79 pts vs state
6.13%Median rate-0.63 pts vs state
0.05Rate spread (pts)-0.32 pts vs state
$115kMedian applicant income
53Loans originated
43Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023922513.0%6.13%#262
20241172914.5%6.88%#238
20251745324.7%6.13%#218

What Citibank lends in Indiana

By loan purpose

Home purchase 62 36% · 12.9% denied
Refinance 11 6% · 9.1% denied
Cash-out refinance 13 7% · 7.7% denied
Home improvement 48 28% · 37.5% denied
Other / HELOC 40 23% · 37.5% denied

By loan type

Conventional 173 99% · 24.9% denied
FHA 1 1% · 0.0% denied

Why it denied Indiana applicants

Credit history 26 60%
Debt-to-income ratio 11 26%
Collateral 3 7%
Other 2 5%
Insufficient cash 1 2%

Where in Indiana

Counties with the most Citibank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lake County 29145 17.2%
Marion County 28126 21.4%
Hamilton County 1864 22.2%
Allen County 1205 41.7%
Johnson County 842 25.0%
St. Joseph County 723 42.9%
Hendricks County 742 28.6%
Porter County 600 0.0%
LaPorte County 421 25.0%
Tippecanoe County 401 25.0%

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: 174 applications in 2025, of which 53 were originated and 43 denied.

24.7% of all applications, or 44.3% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Citibank originated in Indiana in 2025 was 6.13%, against a statewide median of 6.75%.

About this data. Figures are Citibank'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