First Savings Bank · Indiana · 2025

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

First Savings Bank took 439 mortgage applications in Indiana in 2025, ranking #129 of 1,025 lenders active in the state. It originated 72.0% of them and denied 13.0% (15.0% of the applications it decided), against a statewide denial rate of 16.6%.

439Applicationsin IN
15.0%Decision denial ratestate 20.1%
7.00%Median ratestate 6.75%
$115,000Median loanstate $155,000
$51MVolume25 counties

First Savings Bank in Indiana vs the state

13.0%Denial rate-3.59 pts vs state
15.0%Decision denial rate-5.14 pts vs state
72.0%Origination rate+9.73 pts vs state
7.00%Median rate+0.25 pts vs state
0.26Rate spread (pts)-0.11 pts vs state
$90kMedian applicant income
316Loans originated
57Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202380254615.3%6.50%#75
202445130618.2%7.75%#116
202543931613.0%7.00%#129

What First Savings Bank lends in Indiana

By loan purpose

Home purchase 167 38% · 7.2% denied
Refinance 49 11% · 16.3% denied
Cash-out refinance 93 21% · 15.1% denied
Home improvement 80 18% · 13.8% denied
Other / HELOC 50 11% · 24.0% denied

By loan type

Conventional 433 99% · 12.5% denied
FHA 5 1% · 40.0% denied
USDA / RHS 1 0% · 100.0% denied

Why it denied Indiana applicants

Credit history 28 49%
Debt-to-income ratio 14 25%
Collateral 10 18%
Employment history 3 5%
Other 1 2%
Incomplete application 1 2%

Where in Indiana

Counties with the most First Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 103829 8.7%
Harrison County 765711 14.5%
Washington County 674112 17.9%
Crawford County 584210 17.2%
Floyd County 54404 7.4%
Daviess County 38296 15.8%
Orange County 980 0.0%
Martin County 640 0.0%
Scott County 650 0.0%
Hamilton County 310 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: 439 applications in 2025, of which 316 were originated and 57 denied.

13.0% of all applications, or 15.0% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

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

About this data. Figures are First 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