Renasant Bank · Indiana · 2025

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

Renasant Bank took 38 mortgage applications in Indiana in 2025, ranking #381 of 1,025 lenders active in the state. It originated 57.9% of them and denied 29.0% (32.4% of the applications it decided), against a statewide denial rate of 16.6%.

38Applicationsin IN
32.4%Decision denial ratestate 20.1%
6.69%Median ratestate 6.75%
$280,000Median loanstate $155,000
$6.4MVolume8 counties

Renasant Bank in Indiana vs the state

29.0%Denial rate+12.38 pts vs state
32.4%Decision denial rate+12.21 pts vs state
57.9%Origination rate-4.36 pts vs state
6.69%Median rate-0.06 pts vs state
0.36Rate spread (pts)-0.01 pts vs state
$118kMedian applicant income
22Loans originated
11Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023540.0%6.56%#604
202422199.1%6.63%#442
2025382229.0%6.69%#381

What Renasant Bank lends in Indiana

By loan purpose

Home purchase 19 50% · 21.1% denied
Refinance 11 29% · 27.3% denied
Cash-out refinance 8 21% · 50.0% denied

By loan type

Conventional 32 84% · 25.0% denied
FHA 4 11% · 75.0% denied
VA 1 3% · 0.0% denied
USDA / RHS 1 3% · 0.0% denied

Why it denied Indiana applicants

Collateral 5 45%
Debt-to-income ratio 4 36%
Unverifiable information 1 9%
Credit history 1 9%

Where in Indiana

Counties with the most Renasant Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Putnam County 1392 15.4%
Hendricks County 1256 50.0%
Boone County 421 25.0%
Parke County 321 33.3%
Morgan County 201 50.0%
Marion County 220 0.0%
Fountain County 110 0.0%
Clay 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: 38 applications in 2025, of which 22 were originated and 11 denied.

29.0% of all applications, or 32.4% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Renasant Bank originated in Indiana in 2025 was 6.69%, against a statewide median of 6.75%.

About this data. Figures are Renasant 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