Farmers Bank & Trust · Indiana · 2025

Farmers Bank & Trust in Indiana: approval rate, denial rate and rates (2025)

Farmers Bank & Trust took 33 mortgage applications in Indiana in 2025, ranking #400 of 1,025 lenders active in the state. It originated 33.3% of them and denied 12.1% (22.2% of the applications it decided), against a statewide denial rate of 16.6%.

33Applicationsin IN
22.2%Decision denial ratestate 20.1%
6.49%Median ratestate 6.75%
$325,000Median loanstate $155,000
$4.0MVolume22 counties

Farmers Bank & Trust in Indiana vs the state

12.1%Denial rate-4.45 pts vs state
22.2%Decision denial rate+2.08 pts vs state
33.3%Origination rate-28.92 pts vs state
6.49%Median rate-0.26 pts vs state
0.01Rate spread (pts)-0.35 pts vs state
$120kMedian applicant income
11Loans originated
4Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023181016.7%6.31%#447
202442214.8%6.38%#359
2025331112.1%6.49%#400

What Farmers Bank & Trust lends in Indiana

By loan purpose

Home purchase 12 36% · 16.7% denied
Refinance 12 36% · 0.0% denied
Cash-out refinance 9 27% · 22.2% denied

By loan type

Conventional 32 97% · 12.5% denied
VA 1 3% · 0.0% denied

Why it denied Indiana applicants

Debt-to-income ratio 2 50%
Other 1 25%
Insufficient cash 1 25%

Where in Indiana

Counties with the most Farmers Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hamilton County 511 20.0%
Boone County 430 0.0%
Hendricks County 200 0.0%
Dearborn County 201 50.0%
Johnson County 220 0.0%
St. Joseph County 210 0.0%
Greene County 100 0.0%
DeKalb County 100 0.0%
Brown County 100 0.0%
Morgan County 100 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: 33 applications in 2025, of which 11 were originated and 4 denied.

12.1% of all applications, or 22.2% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Farmers Bank & Trust originated in Indiana in 2025 was 6.49%, against a statewide median of 6.75%.

About this data. Figures are Farmers Bank & Trust'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