Regions Bank · Indiana · 2025

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

Regions Bank took 2,203 mortgage applications in Indiana in 2025, ranking #37 of 1,025 lenders active in the state. It originated 48.6% of them and denied 35.5% (39.4% of the applications it decided), against a statewide denial rate of 16.6%.

2.2kApplicationsin IN
39.4%Decision denial ratestate 20.1%
5.88%Median ratestate 6.75%
$75,000Median loanstate $155,000
$178MVolume73 counties

Regions Bank in Indiana vs the state

35.5%Denial rate+18.88 pts vs state
39.4%Decision denial rate+19.24 pts vs state
48.6%Origination rate-13.63 pts vs state
5.88%Median rate-0.88 pts vs state
-0.22Rate spread (pts)-0.59 pts vs state
$79kMedian applicant income
1,071Loans originated
781Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,3721,14435.8%8.00%#25
20242,04596837.8%6.99%#37
20252,2031,07135.5%5.88%#37

What Regions Bank lends in Indiana

By loan purpose

Home purchase 457 21% · 13.4% denied
Refinance 452 21% · 28.1% denied
Cash-out refinance 98 4% · 25.5% denied
Home improvement 703 32% · 47.9% denied
Other / HELOC 493 22% · 46.9% denied

By loan type

Conventional 2,045 93% · 36.2% denied
FHA 124 6% · 28.2% denied
VA 18 1% · 5.6% denied
USDA / RHS 16 1% · 25.0% denied

Why it denied Indiana applicants

Credit history 399 51%
Debt-to-income ratio 196 25%
Collateral 152 19%
Unverifiable information 17 2%
Other 8 1%
Incomplete application 5 1%
Insufficient cash 2 0%
Employment history 2 0%

Where in Indiana

Counties with the most Regions Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 559256214 38.3%
Hamilton County 22913161 26.6%
Tippecanoe County 1869152 28.0%
Clinton County 1367643 31.6%
Knox County 1015830 29.7%
Grant County 864234 39.5%
Johnson County 733920 27.4%
Morgan County 633319 30.2%
Carroll County 613223 37.7%
Hendricks County 562625 44.6%

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: 2,203 applications in 2025, of which 1,071 were originated and 781 denied.

35.5% of all applications, or 39.4% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Regions Bank originated in Indiana in 2025 was 5.88%, against a statewide median of 6.75%.

About this data. Figures are Regions 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