First Mid Bank & Trust · Indiana · 2025

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

First Mid Bank & Trust took 41 mortgage applications in Indiana in 2025, ranking #373 of 1,025 lenders active in the state. It originated 63.4% of them and denied 24.4% (27.8% of the applications it decided), against a statewide denial rate of 16.6%.

41Applicationsin IN
27.8%Decision denial ratestate 20.1%
7.50%Median ratestate 6.75%
$145,000Median loanstate $155,000
$17MVolume13 counties

First Mid Bank & Trust in Indiana vs the state

24.4%Denial rate+7.82 pts vs state
27.8%Decision denial rate+7.64 pts vs state
63.4%Origination rate+1.16 pts vs state
7.50%Median rate+0.75 pts vs state
0.74Rate spread (pts)+0.37 pts vs state
$71kMedian applicant income
26Loans originated
10Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023281921.4%7.63%#393
2024382418.4%7.75%#370
2025412624.4%7.50%#373

What First Mid Bank & Trust lends in Indiana

By loan purpose

Home purchase 19 46% · 31.6% denied
Refinance 6 15% · 33.3% denied
Cash-out refinance 5 12% · 0.0% denied
Home improvement 9 22% · 22.2% denied
Other / HELOC 2 5% · 0.0% denied

By loan type

Conventional 40 98% · 22.5% denied
FHA 1 2% · 100.0% denied

Why it denied Indiana applicants

Credit history 4 40%
Employment history 2 20%
Collateral 2 20%
Incomplete application 1 10%
Debt-to-income ratio 1 10%

Where in Indiana

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

CountyApplicationsOriginatedDeniedDenial rate
Parke County 15113 20.0%
Vigo County 844 50.0%
Monroe County 320 0.0%
Vermillion County 321 33.3%
Wayne County 220 0.0%
Montgomery County 210 0.0%
Vanderburgh County 202 100.0%
Tippecanoe County 100 0.0%
Hamilton County 110 0.0%
Clay County 110 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: 41 applications in 2025, of which 26 were originated and 10 denied.

24.4% of all applications, or 27.8% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans First Mid Bank & Trust originated in Indiana in 2025 was 7.50%, against a statewide median of 6.75%.

About this data. Figures are First Mid 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