Morgan Stanley Private Bank in Indiana vs the state
6.3%Denial rate-10.25 pts vs state
6.7%Decision denial rate-13.40 pts vs state
80.0%Origination rate+17.75 pts vs state
6.05%Median rate-0.70 pts vs state
-0.17Rate spread (pts)-0.53 pts vs state
$233kMedian applicant income
76Loans originated
6Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 107 | 84 | 5.6% | 5.98% | #239 |
| 2024 | 85 | 63 | 4.7% | 6.25% | #274 |
| 2025 | 95 | 76 | 6.3% | 6.05% | #279 |
What Morgan Stanley Private Bank lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Morgan Stanley Private Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hamilton County | 20 | 18 | 0 | 0.0% |
| Marion County | 20 | 17 | 0 | 0.0% |
| Boone County | 8 | 5 | 1 | 12.5% |
| Lake County | 6 | 5 | 1 | 16.7% |
| St. Joseph County | 5 | 3 | 2 | 40.0% |
| Hendricks County | 5 | 4 | 0 | 0.0% |
| LaPorte County | 3 | 3 | 0 | 0.0% |
| Porter County | 3 | 3 | 0 | 0.0% |
| Tippecanoe County | 3 | 2 | 0 | 0.0% |
| Monroe County | 3 | 3 | 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: 95 applications in 2025, of which 76 were originated and 6 denied.
6.3% of all applications, or 6.7% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Morgan Stanley Private Bank originated in Indiana in 2025 was 6.05%, against a statewide median of 6.75%.
About this data. Figures are Morgan Stanley Private 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