Crane · Indiana · 2025

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

Crane took 732 mortgage applications in Indiana in 2025, ranking #84 of 1,025 lenders active in the state. It originated 79.0% of them and denied 14.1% (14.2% of the applications it decided), against a statewide denial rate of 16.6%.

732Applicationsin IN
14.2%Decision denial ratestate 20.1%
7.00%Median ratestate 6.75%
$105,000Median loanstate $155,000
$105MVolume44 counties

Crane in Indiana vs the state

14.1%Denial rate-2.50 pts vs state
14.2%Decision denial rate-5.99 pts vs state
79.0%Origination rate+16.71 pts vs state
7.00%Median rate+0.25 pts vs state
0.27Rate spread (pts)-0.09 pts vs state
$81kMedian applicant income
578Loans originated
103Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202357242414.0%6.88%#89
202471658611.6%7.00%#85
202573257814.1%7.00%#84

What Crane lends in Indiana

By loan purpose

Home purchase 109 15% · 15.6% denied
Refinance 236 32% · 4.2% denied
Cash-out refinance 379 52% · 19.8% denied
Home improvement 8 1% · 12.5% denied

By loan type

Conventional 732 100% · 14.1% denied

Why it denied Indiana applicants

Credit history 44 43%
Debt-to-income ratio 39 38%
Collateral 17 17%
Employment history 1 1%
Mortgage insurance denied 1 1%
Other 1 1%

Where in Indiana

Counties with the most Crane applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Greene County 1158816 13.9%
Vanderburgh County 87795 5.7%
Marion County 68671 1.5%
Vigo County 644513 20.3%
Daviess County 483212 25.0%
Martin County 48376 12.5%
Lawrence County 39298 20.5%
Owen County 28167 25.0%
Gibson County 22191 4.5%
Sullivan County 21146 28.6%

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: 732 applications in 2025, of which 578 were originated and 103 denied.

14.1% of all applications, or 14.2% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Crane originated in Indiana in 2025 was 7.00%, against a statewide median of 6.75%.

About this data. Figures are Crane'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