FCN Bank · Indiana · 2025

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

FCN Bank took 236 mortgage applications in Indiana in 2025, ranking #180 of 1,025 lenders active in the state. It originated 87.3% of them and denied 5.5% (5.9% of the applications it decided), against a statewide denial rate of 16.6%.

236Applicationsin IN
5.9%Decision denial ratestate 20.1%
Median ratestate 6.75%
$140,000Median loanstate $155,000
$45MVolume14 counties

FCN Bank in Indiana vs the state

5.5%Denial rate-11.06 pts vs state
5.9%Decision denial rate-14.26 pts vs state
87.3%Origination rate+25.04 pts vs state
Median rate
Rate spread (pts)
$92kMedian applicant income
206Loans originated
13Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232582009.3%6.88%#152
20241951655.1%#192
20252362065.5%#180

What FCN Bank lends in Indiana

By loan purpose

Home purchase 92 39% · 3.3% denied
Refinance 14 6% · 14.3% denied
Cash-out refinance 79 33% · 7.6% denied
Home improvement 20 8% · 0.0% denied
Other / HELOC 31 13% · 6.5% denied

By loan type

Conventional 236 100% · 5.5% denied

Where in Indiana

Counties with the most FCN Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Franklin County 81724 4.9%
Dearborn County 55451 1.8%
Ripley County 47433 6.4%
Fayette County 27214 14.8%
Decatur County 880 0.0%
Union County 440 0.0%
Ohio County 330 0.0%
Hamilton County 220 0.0%
Henry County 211 50.0%
Rush County 220 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: 236 applications in 2025, of which 206 were originated and 13 denied.

5.5% of all applications, or 5.9% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are FCN 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