Republic Bank & Trust · Indiana · 2025

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

Republic Bank & Trust took 319 mortgage applications in Indiana in 2025, ranking #155 of 1,025 lenders active in the state. It originated 69.0% of them and denied 7.5% (9.8% of the applications it decided), against a statewide denial rate of 16.6%.

319Applicationsin IN
9.8%Decision denial ratestate 20.1%
6.13%Median ratestate 6.75%
$145,000Median loanstate $155,000
$40MVolume21 counties

Republic Bank & Trust in Indiana vs the state

7.5%Denial rate-9.05 pts vs state
9.8%Decision denial rate-10.38 pts vs state
69.0%Origination rate+6.72 pts vs state
6.13%Median rate-0.63 pts vs state
-0.15Rate spread (pts)-0.52 pts vs state
$85kMedian applicant income
220Loans originated
24Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233432414.7%6.13%#128
202424315612.8%6.99%#170
20253192207.5%6.13%#155

What Republic Bank & Trust lends in Indiana

By loan purpose

Home purchase 148 46% · 2.7% denied
Refinance 13 4% · 15.4% denied
Cash-out refinance 45 14% · 6.7% denied
Home improvement 60 19% · 10.0% denied
Other / HELOC 53 17% · 17.0% denied

By loan type

Conventional 289 91% · 7.6% denied
FHA 18 6% · 11.1% denied
VA 8 3% · 0.0% denied
USDA / RHS 4 1% · 0.0% denied

Why it denied Indiana applicants

Debt-to-income ratio 12 50%
Credit history 5 21%
Other 5 21%
Collateral 2 8%

Where in Indiana

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

CountyApplicationsOriginatedDeniedDenial rate
Clark County 1361057 5.1%
Floyd County 120895 4.2%
Harrison County 2081 5.0%
Dearborn County 1565 33.3%
Ripley County 430 0.0%
Washington County 402 50.0%
Hamilton County 330 0.0%
Scott County 312 66.7%
Marion County 210 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: 319 applications in 2025, of which 220 were originated and 24 denied.

7.5% of all applications, or 9.8% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Republic Bank & Trust originated in Indiana in 2025 was 6.13%, against a statewide median of 6.75%.

About this data. Figures are Republic 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