PNC Bank in Indiana vs the state
25.1%Denial rate+8.56 pts vs state
29.1%Decision denial rate+8.99 pts vs state
59.3%Origination rate-2.94 pts vs state
7.55%Median rate+0.80 pts vs state
0.46Rate spread (pts)+0.09 pts vs state
$84kMedian applicant income
2,802Loans originated
1,187Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5,179 | 3,068 | 25.1% | 8.95% | #6 |
| 2024 | 4,752 | 2,733 | 25.6% | 8.83% | #8 |
| 2025 | 4,724 | 2,802 | 25.1% | 7.55% | #10 |
What PNC Bank lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most PNC Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 866 | 499 | 229 | 26.4% |
| Hamilton County | 377 | 262 | 58 | 15.4% |
| Madison County | 347 | 226 | 81 | 23.3% |
| Allen County | 333 | 217 | 64 | 19.2% |
| Hendricks County | 234 | 144 | 59 | 25.2% |
| Lake County | 223 | 99 | 83 | 37.2% |
| Clark County | 175 | 127 | 28 | 16.0% |
| St. Joseph County | 158 | 76 | 51 | 32.3% |
| Montgomery County | 146 | 108 | 22 | 15.1% |
| Johnson County | 140 | 76 | 38 | 27.1% |
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% |
| The Huntington National Bank | D | 4,584 | 30.2% | 7.84% |
Frequently asked questions
Indiana: 4,724 applications in 2025, of which 2,802 were originated and 1,187 denied.
25.1% of all applications, or 29.1% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans PNC Bank originated in Indiana in 2025 was 7.55%, against a statewide median of 6.75%.
About this data. Figures are PNC 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