OceanFirst Bank · Indiana · 2025

OceanFirst Bank in Indiana: approval rate, denial rate and rates (2025)

OceanFirst Bank took 13 mortgage applications in Indiana in 2025, ranking #514 of 1,025 lenders active in the state. It originated 53.9% of them and denied 15.4% (16.7% of the applications it decided), against a statewide denial rate of 16.6%.

13Applicationsin IN
16.7%Decision denial ratestate 20.1%
6.50%Median ratestate 6.75%
$245,000Median loanstate $155,000
$1.7MVolume7 counties

OceanFirst Bank in Indiana vs the state

15.4%Denial rate-1.19 pts vs state
16.7%Decision denial rate-3.47 pts vs state
53.9%Origination rate-8.40 pts vs state
6.50%Median rate-0.25 pts vs state
-0.08Rate spread (pts)-0.44 pts vs state
$97kMedian applicant income
7Loans originated
2Denied

What OceanFirst Bank lends in Indiana

By loan purpose

Home purchase 10 77% · 0.0% denied
Home improvement 2 15% · 100.0% denied
Other / HELOC 1 8% · 0.0% denied

By loan type

Conventional 13 100% · 15.4% denied

Why it denied Indiana applicants

Other 1 50%
Credit history 1 50%

Where in Indiana

Counties with the most OceanFirst Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 731 14.3%
Floyd County 110 0.0%
Montgomery County 110 0.0%
Bartholomew County 110 0.0%
Steuben County 100 0.0%
Jefferson County 101 100.0%
Boone County 110 0.0%

Other large lenders in Indiana

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 13,50318.6%6.75%
Ruoff Mortgage CompanyA 8,8604.0%6.75%
Fifth Third BankD 8,69327.6%7.75%
United Shore Financial ServicesB 8,65912.2%6.38%
Freedom MortgageB 5,4548.9%6.25%
NewrezD 5,42118.2%6.63%
First Merchants BankC 5,11419.9%6.76%
Fairway Independent MortgageB 4,8137.4%6.75%
Mortgage Research CenterC 4,79119.0%6.25%
PNC BankD 4,72425.1%7.55%

Frequently asked questions

Indiana: 13 applications in 2025, of which 7 were originated and 2 denied.

15.4% of all applications, or 16.7% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans OceanFirst Bank originated in Indiana in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are OceanFirst 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