First Federal Bank in Indiana vs the state
10.1%Denial rate-6.50 pts vs state
14.3%Decision denial rate-5.85 pts vs state
60.4%Origination rate-1.85 pts vs state
6.13%Median rate-0.63 pts vs state
-0.24Rate spread (pts)-0.60 pts vs state
$137kMedian applicant income
90Loans originated
15Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 42 | 22 | 14.3% | 6.44% | #342 |
| 2024 | 117 | 69 | 10.3% | 6.00% | #239 |
| 2025 | 149 | 90 | 10.1% | 6.13% | #233 |
What First Federal Bank lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most First Federal Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hamilton County | 29 | 15 | 2 | 6.9% |
| Marion County | 15 | 9 | 2 | 13.3% |
| Hendricks County | 13 | 10 | 2 | 15.4% |
| Johnson County | 11 | 7 | 1 | 9.1% |
| Allen County | 11 | 4 | 3 | 27.3% |
| Tippecanoe County | 10 | 4 | 1 | 10.0% |
| Lake County | 5 | 4 | 0 | 0.0% |
| Monroe County | 5 | 3 | 0 | 0.0% |
| Howard County | 4 | 3 | 0 | 0.0% |
| Floyd County | 4 | 1 | 1 | 25.0% |
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: 149 applications in 2025, of which 90 were originated and 15 denied.
10.1% of all applications, or 14.3% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans First Federal Bank originated in Indiana in 2025 was 6.13%, against a statewide median of 6.75%.
About this data. Figures are First Federal 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