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JPMorgan Chase Bank · Indiana · 2025

JPMorgan Chase Bank in Indiana: approval rate, denial rate and rates (2025)

JPMorgan Chase Bank took 4,366 mortgage applications in Indiana in 2025, ranking #12 of 1,025 lenders active in the state. It originated 65.4% of them and denied 9.8% (12.8% of the applications it decided), against a statewide denial rate of 16.6%.

4.4kApplicationsin IN
12.8%Decision denial ratestate 20.1%
6.50%Median ratestate 6.75%
$185,000Median loanstate $155,000
$689MVolume86 counties
Full JPMorgan Chase Bank review All lenders in Indiana

JPMorgan Chase Bank in Indiana vs the state

9.8%Denial rate-6.79 pts vs state
12.8%Decision denial rate-7.37 pts vs state
65.4%Origination rate+3.19 pts vs state
6.50%Median rate-0.25 pts vs state
0.17Rate spread (pts)-0.20 pts vs state
$89kMedian applicant income
2,857Loans originated
427Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,9692,0189.5%6.88%#19
20243,6192,4039.9%6.63%#16
20254,3662,8579.8%6.50%#12

What JPMorgan Chase Bank lends in Indiana

By loan purpose

Home purchase 2,441 56% · 8.5% denied
Refinance 456 10% · 6.4% denied
Cash-out refinance 760 17% · 13.4% denied
Home improvement 306 7% · 12.8% denied
Other / HELOC 403 9% · 12.4% denied

By loan type

Conventional 4,052 93% · 8.9% denied
FHA 262 6% · 23.7% denied
VA 52 1% · 9.6% denied

Why it denied Indiana applicants

Collateral 159 37%
Debt-to-income ratio 111 26%
Other 62 15%
Credit history 53 12%
Employment history 19 4%
Unverifiable information 18 4%
Insufficient cash 5 1%

Where in Indiana

Counties with the most JPMorgan Chase Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 83052097 11.7%
Lake County 58239062 10.7%
Hamilton County 43929334 7.7%
Allen County 29420125 8.5%
Porter County 20413418 8.8%
St. Joseph County 18012215 8.3%
Hendricks County 16311612 7.4%
Elkhart County 128837 5.5%
Tippecanoe County 124935 4.0%
Johnson County 110738 7.3%

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: 4,366 applications in 2025, of which 2,857 were originated and 427 denied.

9.8% of all applications, or 12.8% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

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

About this data. Figures are JPMorgan Chase 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