Manufacturers and Traders Trust in Indiana vs the state
23.8%Denial rate+7.19 pts vs state
33.8%Decision denial rate+13.66 pts vs state
45.5%Origination rate-16.71 pts vs state
6.25%Median rate-0.50 pts vs state
0.36Rate spread (pts)0.00 pts vs state
$75kMedian applicant income
46Loans originated
24Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 89 | 44 | 27.0% | 6.63% | #269 |
| 2024 | 84 | 44 | 13.1% | 6.31% | #279 |
| 2025 | 101 | 46 | 23.8% | 6.25% | #269 |
What Manufacturers and Traders Trust lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Manufacturers and Traders Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 20 | 5 | 8 | 40.0% |
| Hendricks County | 11 | 3 | 5 | 45.5% |
| Lake County | 9 | 6 | 1 | 11.1% |
| Hamilton County | 7 | 5 | 0 | 0.0% |
| St. Joseph County | 5 | 1 | 1 | 20.0% |
| Madison County | 5 | 2 | 1 | 20.0% |
| Allen County | 4 | 3 | 1 | 25.0% |
| Delaware County | 3 | 2 | 0 | 0.0% |
| Vanderburgh County | 3 | 2 | 1 | 33.3% |
| Clark County | 2 | 1 | 0 | 0.0% |
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: 101 applications in 2025, of which 46 were originated and 24 denied.
23.8% of all applications, or 33.8% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Manufacturers and Traders Trust originated in Indiana in 2025 was 6.25%, against a statewide median of 6.75%.
About this data. Figures are Manufacturers and Traders Trust'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