Northwest Bank in Indiana vs the state
19.4%Denial rate+2.79 pts vs state
21.6%Decision denial rate+1.42 pts vs state
69.9%Origination rate+7.62 pts vs state
6.13%Median rate-0.63 pts vs state
-0.13Rate spread (pts)-0.49 pts vs state
$69kMedian applicant income
480Loans originated
133Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 856 | 569 | 19.0% | 6.88% | #74 |
| 2024 | 620 | 408 | 18.9% | 7.25% | #92 |
| 2025 | 687 | 480 | 19.4% | 6.13% | #90 |
What Northwest Bank lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Northwest Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Delaware County | 169 | 124 | 26 | 15.4% |
| St. Joseph County | 109 | 68 | 29 | 26.6% |
| Kosciusko County | 91 | 73 | 9 | 9.9% |
| Grant County | 74 | 45 | 22 | 29.7% |
| Greene County | 49 | 32 | 11 | 22.4% |
| Elkhart County | 39 | 32 | 6 | 15.4% |
| Randolph County | 32 | 22 | 6 | 18.8% |
| Hamilton County | 16 | 12 | 3 | 18.8% |
| Monroe County | 13 | 12 | 1 | 7.7% |
| Madison County | 9 | 5 | 3 | 33.3% |
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: 687 applications in 2025, of which 480 were originated and 133 denied.
19.4% of all applications, or 21.6% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Northwest Bank originated in Indiana in 2025 was 6.13%, against a statewide median of 6.75%.
About this data. Figures are Northwest 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