Farm Credit Mid-America in Indiana vs the state
6.6%Denial rate-9.99 pts vs state
7.8%Decision denial rate-12.34 pts vs state
75.7%Origination rate+13.48 pts vs state
7.00%Median rate+0.25 pts vs state
0.56Rate spread (pts)+0.19 pts vs state
$142kMedian applicant income
518Loans originated
45Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 559 | 409 | 13.6% | 7.00% | #90 |
| 2024 | 645 | 516 | 7.3% | 7.13% | #91 |
| 2025 | 684 | 518 | 6.6% | 7.00% | #92 |
What Farm Credit Mid-America lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Farm Credit Mid-America applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| LaGrange County | 54 | 42 | 2 | 3.7% |
| Elkhart County | 37 | 27 | 3 | 8.1% |
| Porter County | 20 | 17 | 2 | 10.0% |
| Washington County | 19 | 13 | 2 | 10.5% |
| LaPorte County | 18 | 12 | 1 | 5.6% |
| Clark County | 16 | 9 | 2 | 12.5% |
| Daviess County | 16 | 14 | 1 | 6.3% |
| Morgan County | 16 | 11 | 0 | 0.0% |
| Kosciusko County | 15 | 9 | 2 | 13.3% |
| Wayne County | 15 | 10 | 1 | 6.7% |
Other large lenders in Indiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,503 | 18.6% | 6.75% |
| Ruoff Mortgage Company | A | 8,860 | 4.0% | 6.75% |
| Fifth Third Bank | D | 8,693 | 27.6% | 7.75% |
| United Shore Financial Services | B | 8,659 | 12.2% | 6.38% |
| Freedom Mortgage | B | 5,454 | 8.9% | 6.25% |
| Newrez | D | 5,421 | 18.2% | 6.63% |
| First Merchants Bank | C | 5,114 | 19.9% | 6.76% |
| Fairway Independent Mortgage | B | 4,813 | 7.4% | 6.75% |
| Mortgage Research Center | C | 4,791 | 19.0% | 6.25% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
Frequently asked questions
Indiana: 684 applications in 2025, of which 518 were originated and 45 denied.
6.6% of all applications, or 7.8% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Farm Credit Mid-America originated in Indiana in 2025 was 7.00%, against a statewide median of 6.75%.
About this data. Figures are Farm Credit Mid-America'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