KeyBank in Indiana vs the state
28.0%Denial rate+11.42 pts vs state
32.9%Decision denial rate+12.75 pts vs state
55.6%Origination rate-6.62 pts vs state
6.63%Median rate-0.13 pts vs state
0.37Rate spread (pts)0.00 pts vs state
$71kMedian applicant income
489Loans originated
246Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,064 | 487 | 34.5% | 7.50% | #62 |
| 2024 | 840 | 450 | 29.1% | 6.88% | #75 |
| 2025 | 879 | 489 | 28.0% | 6.63% | #78 |
What KeyBank lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most KeyBank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 180 | 94 | 54 | 30.0% |
| Hamilton County | 107 | 63 | 26 | 24.3% |
| Madison County | 87 | 48 | 20 | 23.0% |
| Elkhart County | 82 | 44 | 24 | 29.3% |
| Howard County | 67 | 39 | 18 | 26.9% |
| St. Joseph County | 62 | 42 | 16 | 25.8% |
| Johnson County | 35 | 20 | 7 | 20.0% |
| Kosciusko County | 34 | 15 | 13 | 38.2% |
| Shelby County | 30 | 17 | 9 | 30.0% |
| Boone County | 28 | 17 | 9 | 32.1% |
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: 879 applications in 2025, of which 489 were originated and 246 denied.
28.0% of all applications, or 32.9% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans KeyBank originated in Indiana in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are KeyBank'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