Citizens Bank · Indiana · 2025

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

Citizens Bank took 676 mortgage applications in Indiana in 2025, ranking #94 of 1,025 lenders active in the state. It originated 53.6% of them and denied 28.4% (33.5% of the applications it decided), against a statewide denial rate of 16.6%.

676Applicationsin IN
33.5%Decision denial ratestate 20.1%
7.90%Median ratestate 6.75%
$105,000Median loanstate $155,000
$48MVolume77 counties

Citizens Bank in Indiana vs the state

28.4%Denial rate+11.83 pts vs state
33.5%Decision denial rate+13.31 pts vs state
53.6%Origination rate-8.70 pts vs state
7.90%Median rate+1.15 pts vs state
0.67Rate spread (pts)+0.30 pts vs state
$99kMedian applicant income
362Loans originated
192Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202378136142.9%7.75%#77
202443523927.1%9.40%#118
202567636228.4%7.90%#94

What Citizens Bank lends in Indiana

By loan purpose

Home purchase 46 7% · 13.0% denied
Refinance 125 18% · 22.4% denied
Cash-out refinance 32 5% · 18.8% denied
Home improvement 226 33% · 28.3% denied
Other / HELOC 247 37% · 35.6% denied

By loan type

Conventional 656 97% · 29.0% denied
FHA 17 3% · 11.8% denied
VA 3 0% · 0.0% denied

Why it denied Indiana applicants

Debt-to-income ratio 91 47%
Collateral 54 28%
Credit history 21 11%
Other 16 8%
Employment history 6 3%
Unverifiable information 4 2%

Where in Indiana

Counties with the most Citizens Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 965623 24.0%
Hamilton County 915820 22.0%
Lake County 634110 15.9%
St. Joseph County 2578 32.0%
Hendricks County 23148 34.8%
Johnson County 22127 31.8%
Madison County 2198 38.1%
Monroe County 21107 33.3%
Hancock County 20170 0.0%
Allen County 1987 36.8%

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: 676 applications in 2025, of which 362 were originated and 192 denied.

28.4% of all applications, or 33.5% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Citizens Bank originated in Indiana in 2025 was 7.90%, against a statewide median of 6.75%.

About this data. Figures are Citizens 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