First State Bank of Middlebury in Indiana vs the state
5.4%Denial rate-11.22 pts vs state
5.9%Decision denial rate-14.26 pts vs state
85.6%Origination rate+23.31 pts vs state
—Median rate
—Rate spread (pts)
$106kMedian applicant income
160Loans originated
10Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 170 | 138 | 5.9% | 7.00% | #195 |
| 2024 | 171 | 121 | 12.9% | — | #207 |
| 2025 | 187 | 160 | 5.4% | — | #207 |
What First State Bank of Middlebury lends in Indiana
By loan purpose
By loan type
Where in Indiana
Counties with the most First State Bank of Middlebury applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Elkhart County | 127 | 113 | 7 | 5.5% |
| St. Joseph County | 28 | 23 | 2 | 7.1% |
| LaGrange County | 15 | 10 | 1 | 6.7% |
| Noble County | 9 | 7 | 0 | 0.0% |
| Kosciusko County | 5 | 4 | 0 | 0.0% |
| Lake County | 1 | 1 | 0 | 0.0% |
| Hamilton County | 1 | 1 | 0 | 0.0% |
| LaPorte County | 1 | 1 | 0 | 0.0% |
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: 187 applications in 2025, of which 160 were originated and 10 denied.
5.4% of all applications, or 5.9% 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 State Bank of Middlebury'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