First Federal Savings Bank · Indiana · 2025

First Federal Savings Bank in Indiana: approval rate, denial rate and rates (2025)

First Federal Savings Bank took 1,096 mortgage applications in Indiana in 2025, ranking #69 of 1,025 lenders active in the state. It originated 88.1% of them and denied 1.6% (1.8% of the applications it decided), against a statewide denial rate of 16.6%.

1.1kApplicationsin IN
1.8%Decision denial ratestate 20.1%
7.00%Median ratestate 6.75%
$155,000Median loanstate $155,000
$202MVolume31 counties

First Federal Savings Bank in Indiana vs the state

1.6%Denial rate-14.93 pts vs state
1.8%Decision denial rate-18.33 pts vs state
88.1%Origination rate+25.89 pts vs state
7.00%Median rate+0.25 pts vs state
0.58Rate spread (pts)+0.21 pts vs state
$93kMedian applicant income
966Loans originated
18Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239607849.0%7.75%#69
20249788385.5%7.38%#67
20251,0969661.6%7.00%#69

What First Federal Savings Bank lends in Indiana

By loan purpose

Home purchase 572 52% · 0.9% denied
Refinance 92 8% · 2.2% denied
Cash-out refinance 96 9% · 1.0% denied
Home improvement 262 24% · 1.9% denied
Other / HELOC 74 7% · 6.8% denied

By loan type

Conventional 1,066 97% · 1.6% denied
FHA 28 3% · 3.6% denied
USDA / RHS 2 0% · 0.0% denied

Why it denied Indiana applicants

Collateral 8 44%
Credit history 6 33%
Debt-to-income ratio 4 22%

Where in Indiana

Counties with the most First Federal Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Joseph County 2351964 1.7%
Marshall County 2031751 0.5%
Elkhart County 1851653 1.6%
Kosciusko County 1811682 1.1%
Fulton County 1281162 1.6%
Pulaski County 43383 7.0%
Starke County 22190 0.0%
Miami County 12110 0.0%
LaPorte County 1090 0.0%
Wabash County 1090 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: 1,096 applications in 2025, of which 966 were originated and 18 denied.

1.6% of all applications, or 1.8% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans First Federal Savings Bank originated in Indiana in 2025 was 7.00%, against a statewide median of 6.75%.

About this data. Figures are First Federal Savings 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