First Bank Richmond in Indiana vs the state
11.5%Denial rate-5.03 pts vs state
12.9%Decision denial rate-7.22 pts vs state
68.8%Origination rate+6.55 pts vs state
—Median rate
—Rate spread (pts)
$76kMedian applicant income
161Loans originated
27Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 311 | 237 | 10.3% | 6.75% | #138 |
| 2024 | 259 | 183 | 11.6% | — | #163 |
| 2025 | 234 | 161 | 11.5% | — | #181 |
What First Bank Richmond lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most First Bank Richmond applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 175 | 119 | 18 | 10.3% |
| Shelby County | 18 | 13 | 2 | 11.1% |
| Randolph County | 9 | 4 | 4 | 44.4% |
| Fayette County | 8 | 7 | 0 | 0.0% |
| Marion County | 7 | 7 | 0 | 0.0% |
| Henry County | 5 | 4 | 0 | 0.0% |
| Union County | 4 | 1 | 2 | 50.0% |
| Rush County | 2 | 2 | 0 | 0.0% |
| Delaware County | 1 | 1 | 0 | 0.0% |
| Adams County | 1 | 0 | 0 | 0.0% |
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: 234 applications in 2025, of which 161 were originated and 27 denied.
11.5% of all applications, or 12.9% 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 First Bank Richmond'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