Guardian Savings Bank · Indiana · 2025

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

Guardian Savings Bank took 62 mortgage applications in Indiana in 2025, ranking #328 of 1,025 lenders active in the state. It originated 83.9% of them and denied 8.1% (8.5% of the applications it decided), against a statewide denial rate of 16.6%.

62Applicationsin IN
8.5%Decision denial ratestate 20.1%
6.50%Median ratestate 6.75%
$225,000Median loanstate $155,000
$15MVolume15 counties

Guardian Savings Bank in Indiana vs the state

8.1%Denial rate-8.51 pts vs state
8.5%Decision denial rate-11.67 pts vs state
83.9%Origination rate+21.62 pts vs state
6.50%Median rate-0.25 pts vs state
0.20Rate spread (pts)-0.17 pts vs state
$142kMedian applicant income
52Loans originated
5Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023584610.3%6.63%#310
2024523917.3%7.25%#335
202562528.1%6.50%#328

What Guardian Savings Bank lends in Indiana

By loan purpose

Home purchase 28 45% · 3.6% denied
Refinance 18 29% · 0.0% denied
Cash-out refinance 6 10% · 16.7% denied
Home improvement 4 6% · 50.0% denied
Other / HELOC 6 10% · 16.7% denied

By loan type

Conventional 59 95% · 6.8% denied
FHA 2 3% · 0.0% denied
USDA / RHS 1 2% · 100.0% denied

Why it denied Indiana applicants

Incomplete application 3 60%
Debt-to-income ratio 2 40%

Where in Indiana

Counties with the most Guardian Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Dearborn County 33294 12.1%
Clark County 660 0.0%
Ripley County 430 0.0%
Franklin County 440 0.0%
Jennings County 320 0.0%
Hamilton County 210 0.0%
Hendricks County 210 0.0%
Allen County 110 0.0%
Johnson County 110 0.0%
Scott 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: 62 applications in 2025, of which 52 were originated and 5 denied.

8.1% of all applications, or 8.5% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Guardian Savings Bank originated in Indiana in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are Guardian 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