Grand Bank for Savings · Indiana · 2025

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

Grand Bank for Savings took 26 mortgage applications in Indiana in 2025, ranking #429 of 1,025 lenders active in the state. It originated 65.4% of them and denied 7.7% (9.5% of the applications it decided), against a statewide denial rate of 16.6%.

26Applicationsin IN
9.5%Decision denial ratestate 20.1%
9.88%Median ratestate 6.75%
$145,000Median loanstate $155,000
$2.8MVolume4 counties

Grand Bank for Savings in Indiana vs the state

7.7%Denial rate-8.88 pts vs state
9.5%Decision denial rate-10.62 pts vs state
65.4%Origination rate+3.13 pts vs state
9.88%Median rate+3.13 pts vs state
3.21Rate spread (pts)+2.84 pts vs state
$84kMedian applicant income
17Loans originated
2Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202335222.9%9.19%#364
2024231517.4%9.63%#433
202526177.7%9.88%#429

What Grand Bank for Savings lends in Indiana

By loan purpose

Home purchase 14 54% · 7.1% denied
Refinance 2 8% · 0.0% denied
Cash-out refinance 3 12% · 0.0% denied
Other / HELOC 7 27% · 14.3% denied

By loan type

Conventional 26 100% · 7.7% denied

Why it denied Indiana applicants

Employment history 1 50%
Unverifiable information 1 50%

Where in Indiana

Counties with the most Grand Bank for Savings applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 22142 9.1%
Hancock County 210 0.0%
Hendricks County 110 0.0%
Putnam 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: 26 applications in 2025, of which 17 were originated and 2 denied.

7.7% of all applications, or 9.5% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Grand Bank for Savings originated in Indiana in 2025 was 9.88%, against a statewide median of 6.75%.

About this data. Figures are Grand Bank for Savings'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