Providence Bank & Trust · Indiana · 2025

Providence Bank & Trust in Indiana: approval rate, denial rate and rates (2025)

Providence Bank & Trust took 33 mortgage applications in Indiana in 2025, ranking #402 of 1,025 lenders active in the state. It originated 66.7% of them and denied 6.1% (6.5% of the applications it decided), against a statewide denial rate of 16.6%.

33Applicationsin IN
6.5%Decision denial ratestate 20.1%
6.88%Median ratestate 6.75%
$255,000Median loanstate $155,000
$9.0MVolume8 counties

Providence Bank & Trust in Indiana vs the state

6.1%Denial rate-10.51 pts vs state
6.5%Decision denial rate-13.69 pts vs state
66.7%Origination rate+4.42 pts vs state
6.88%Median rate+0.13 pts vs state
0.29Rate spread (pts)-0.07 pts vs state
$115kMedian applicant income
22Loans originated
2Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202343352.3%6.75%#334
202453381.9%6.88%#333
202533226.1%6.88%#402

What Providence Bank & Trust lends in Indiana

By loan purpose

Home purchase 25 76% · 4.0% denied
Refinance 5 15% · 0.0% denied
Home improvement 1 3% · 0.0% denied
Other / HELOC 2 6% · 50.0% denied

By loan type

Conventional 33 100% · 6.1% denied

Why it denied Indiana applicants

Debt-to-income ratio 1 50%
Collateral 1 50%

Where in Indiana

Counties with the most Providence Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lake County 24152 8.3%
Vigo County 210 0.0%
Porter County 220 0.0%
Elkhart County 110 0.0%
Kosciusko County 110 0.0%
Madison County 110 0.0%
Marshall County 110 0.0%
Johnson County 100 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: 33 applications in 2025, of which 22 were originated and 2 denied.

6.1% of all applications, or 6.5% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Providence Bank & Trust originated in Indiana in 2025 was 6.88%, against a statewide median of 6.75%.

About this data. Figures are Providence Bank & Trust'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