Mutual Savings Bank in Indiana vs the state
2.8%Denial rate-13.77 pts vs state
3.1%Decision denial rate-17.01 pts vs state
75.7%Origination rate+13.45 pts vs state
6.50%Median rate-0.25 pts vs state
0.09Rate spread (pts)-0.28 pts vs state
$100kMedian applicant income
81Loans originated
3Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 97 | 71 | 6.2% | 5.63% | #257 |
| 2024 | 89 | 67 | 4.5% | 6.38% | #263 |
| 2025 | 107 | 81 | 2.8% | 6.50% | #265 |
What Mutual Savings Bank lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Mutual Savings Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Johnson County | 71 | 52 | 1 | 1.4% |
| Marion County | 12 | 10 | 0 | 0.0% |
| Morgan County | 6 | 5 | 1 | 16.7% |
| Brown County | 6 | 5 | 0 | 0.0% |
| Shelby County | 3 | 2 | 0 | 0.0% |
| Bartholomew County | 3 | 3 | 0 | 0.0% |
| Hendricks County | 2 | 2 | 0 | 0.0% |
| Monroe County | 1 | 1 | 0 | 0.0% |
| Clay County | 1 | 0 | 0 | 0.0% |
| Putnam County | 1 | 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: 107 applications in 2025, of which 81 were originated and 3 denied.
2.8% of all applications, or 3.1% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Mutual Savings Bank originated in Indiana in 2025 was 6.50%, against a statewide median of 6.75%.
About this data. Figures are Mutual 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