Plains Commerce Bank · Indiana · 2025

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

Plains Commerce Bank took 180 mortgage applications in Indiana in 2025, ranking #212 of 1,025 lenders active in the state. It originated 64.4% of them and denied 6.1% (8.7% of the applications it decided), against a statewide denial rate of 16.6%.

180Applicationsin IN
8.7%Decision denial ratestate 20.1%
6.50%Median ratestate 6.75%
$285,000Median loanstate $155,000
$37MVolume42 counties

Plains Commerce Bank in Indiana vs the state

6.1%Denial rate-10.46 pts vs state
8.7%Decision denial rate-11.48 pts vs state
64.4%Origination rate+2.19 pts vs state
6.50%Median rate-0.25 pts vs state
0.31Rate spread (pts)-0.06 pts vs state
$101kMedian applicant income
116Loans originated
11Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232001211.0%6.75%#176
20242681482.6%6.88%#157
20251801166.1%6.50%#212

What Plains Commerce Bank lends in Indiana

By loan purpose

Home purchase 147 82% · 6.8% denied
Refinance 18 10% · 0.0% denied
Cash-out refinance 14 8% · 7.1% denied
Home improvement 1 1% · 0.0% denied

By loan type

Conventional 124 69% · 5.7% denied
FHA 41 23% · 7.3% denied
VA 15 8% · 6.7% denied

Why it denied Indiana applicants

Debt-to-income ratio 5 45%
Collateral 3 27%
Credit history 3 27%

Where in Indiana

Counties with the most Plains Commerce Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 38222 5.3%
Hamilton County 27210 0.0%
Hendricks County 1060 0.0%
Lawrence County 970 0.0%
Johnson County 960 0.0%
Clark County 932 22.2%
Morgan County 650 0.0%
Orange County 522 40.0%
Harrison County 430 0.0%
Madison County 431 25.0%

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: 180 applications in 2025, of which 116 were originated and 11 denied.

6.1% of all applications, or 8.7% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

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

About this data. Figures are Plains Commerce 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