First Farmers Bank & Trust · Indiana · 2025

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

First Farmers Bank & Trust took 1,222 mortgage applications in Indiana in 2025, ranking #64 of 1,025 lenders active in the state. It originated 68.3% of them and denied 16.7% (17.1% of the applications it decided), against a statewide denial rate of 16.6%.

1.2kApplicationsin IN
17.1%Decision denial ratestate 20.1%
7.25%Median ratestate 6.75%
$105,000Median loanstate $155,000
$161MVolume49 counties

First Farmers Bank & Trust in Indiana vs the state

16.7%Denial rate+0.12 pts vs state
17.1%Decision denial rate-3.01 pts vs state
68.3%Origination rate+6.08 pts vs state
7.25%Median rate+0.50 pts vs state
0.31Rate spread (pts)-0.06 pts vs state
$85kMedian applicant income
835Loans originated
204Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,03769718.3%8.25%#64
20241,06674716.3%7.88%#64
20251,22283516.7%7.25%#64

What First Farmers Bank & Trust lends in Indiana

By loan purpose

Home purchase 434 36% · 10.8% denied
Refinance 73 6% · 17.8% denied
Cash-out refinance 221 18% · 12.2% denied
Home improvement 230 19% · 15.2% denied
Other / HELOC 264 22% · 31.1% denied

By loan type

Conventional 1,222 100% · 16.7% denied

Why it denied Indiana applicants

Debt-to-income ratio 93 46%
Credit history 88 43%
Collateral 18 9%
Other 4 2%
Incomplete application 1 0%

Where in Indiana

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

CountyApplicationsOriginatedDeniedDenial rate
Howard County 25316941 16.2%
Miami County 1198815 12.6%
Grant County 946016 17.0%
Tipton County 85645 5.9%
Vigo County 825220 24.4%
Cass County 745218 24.3%
Starke County 523512 23.1%
Hamilton County 49337 14.3%
Tippecanoe County 48308 16.7%
Madison County 462811 23.9%

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: 1,222 applications in 2025, of which 835 were originated and 204 denied.

16.7% of all applications, or 17.1% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans First Farmers Bank & Trust originated in Indiana in 2025 was 7.25%, against a statewide median of 6.75%.

About this data. Figures are First 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