Gateway First Bank in Indiana vs the state
2.3%Denial rate-14.30 pts vs state
3.1%Decision denial rate-17.01 pts vs state
70.5%Origination rate+8.20 pts vs state
6.75%Median rate0.00 pts vs state
0.28Rate spread (pts)-0.09 pts vs state
$82kMedian applicant income
62Loans originated
2Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 151 | 101 | 3.3% | 7.00% | #210 |
| 2024 | 186 | 135 | 6.5% | 6.75% | #197 |
| 2025 | 88 | 62 | 2.3% | 6.75% | #293 |
What Gateway First Bank lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Gateway First Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 33 | 21 | 1 | 3.0% |
| Hamilton County | 13 | 11 | 0 | 0.0% |
| Boone County | 5 | 5 | 0 | 0.0% |
| Delaware County | 5 | 2 | 0 | 0.0% |
| Hendricks County | 4 | 4 | 0 | 0.0% |
| Johnson County | 4 | 3 | 0 | 0.0% |
| Jennings County | 4 | 4 | 0 | 0.0% |
| Madison County | 3 | 3 | 0 | 0.0% |
| Monroe County | 2 | 1 | 0 | 0.0% |
| Greene County | 2 | 2 | 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: 88 applications in 2025, of which 62 were originated and 2 denied.
2.3% of all applications, or 3.1% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Gateway First Bank originated in Indiana in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are Gateway First 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