First Federal Savings Bank · Indiana · 2025

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

First Federal Savings Bank took 201 mortgage applications in Indiana in 2025, ranking #203 of 1,025 lenders active in the state. It originated 76.6% of them and denied 7.5% (8.0% of the applications it decided), against a statewide denial rate of 16.6%.

201Applicationsin IN
8.0%Decision denial ratestate 20.1%
Median ratestate 6.75%
$145,000Median loanstate $155,000
$30MVolume9 counties

First Federal Savings Bank in Indiana vs the state

7.5%Denial rate-9.11 pts vs state
8.0%Decision denial rate-12.16 pts vs state
76.6%Origination rate+14.37 pts vs state
Median rate
Rate spread (pts)
$91kMedian applicant income
154Loans originated
15Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234013413.2%7.00%#112
20242932365.8%7.25%#145
20252011547.5%#203

What First Federal Savings Bank lends in Indiana

By loan purpose

Home purchase 103 51% · 1.9% denied
Refinance 47 23% · 17.0% denied
Cash-out refinance 10 5% · 0.0% denied
Home improvement 22 11% · 13.6% denied
Other / HELOC 19 9% · 10.5% denied

By loan type

Conventional 201 100% · 7.5% denied

Why it denied Indiana applicants

Debt-to-income ratio 5 33%
Collateral 4 27%
Credit history 4 27%
Other 2 13%

Where in Indiana

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

CountyApplicationsOriginatedDeniedDenial rate
Vanderburgh County 1027311 10.8%
Warrick County 37342 5.4%
Daviess County 18131 5.6%
Pike County 17150 0.0%
Posey County 13100 0.0%
Gibson County 641 16.7%
Dubois County 430 0.0%
Martin County 210 0.0%
Knox County 210 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: 201 applications in 2025, of which 154 were originated and 15 denied.

7.5% of all applications, or 8.0% 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 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