Greenfield Banking · Indiana · 2025

Greenfield Banking in Indiana: approval rate, denial rate and rates (2025)

Greenfield Banking took 112 mortgage applications in Indiana in 2025, ranking #256 of 1,025 lenders active in the state. It originated 82.1% of them and denied 13.4% (13.9% of the applications it decided), against a statewide denial rate of 16.6%.

112Applicationsin IN
13.9%Decision denial ratestate 20.1%
Median ratestate 6.75%
$205,000Median loanstate $155,000
$27MVolume15 counties

Greenfield Banking in Indiana vs the state

13.4%Denial rate-3.18 pts vs state
13.9%Decision denial rate-6.25 pts vs state
82.1%Origination rate+19.89 pts vs state
Median rate
Rate spread (pts)
$77kMedian applicant income
92Loans originated
15Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231941325.7%6.75%#180
202492871.1%7.25%#259
20251129213.4%#256

What Greenfield Banking lends in Indiana

By loan purpose

Home purchase 60 54% · 13.3% denied
Refinance 15 13% · 0.0% denied
Cash-out refinance 36 32% · 19.4% denied
Home improvement 1 1% · 0.0% denied

By loan type

Conventional 112 100% · 13.4% denied

Where in Indiana

Counties with the most Greenfield Banking applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hancock County 584510 17.2%
Marion County 13102 15.4%
Henry County 990 0.0%
Hamilton County 751 14.3%
Madison County 660 0.0%
Shelby County 541 20.0%
Monroe County 330 0.0%
Delaware County 220 0.0%
Rush County 220 0.0%
Johnson County 220 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: 112 applications in 2025, of which 92 were originated and 15 denied.

13.4% of all applications, or 13.9% 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 Greenfield Banking'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