Stock Yards Bank & Trust · Indiana · 2025

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

Stock Yards Bank & Trust took 488 mortgage applications in Indiana in 2025, ranking #117 of 1,025 lenders active in the state. It originated 69.9% of them and denied 16.0% (18.5% of the applications it decided), against a statewide denial rate of 16.6%.

488Applicationsin IN
18.5%Decision denial ratestate 20.1%
6.50%Median ratestate 6.75%
$175,000Median loanstate $155,000
$112MVolume28 counties

Stock Yards Bank & Trust in Indiana vs the state

16.0%Denial rate-0.59 pts vs state
18.5%Decision denial rate-1.66 pts vs state
69.9%Origination rate+7.63 pts vs state
6.50%Median rate-0.25 pts vs state
-0.02Rate spread (pts)-0.38 pts vs state
$73kMedian applicant income
341Loans originated
78Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202350233420.5%6.75%#98
202446130817.4%6.99%#114
202548834116.0%6.50%#117

What Stock Yards Bank & Trust lends in Indiana

By loan purpose

Home purchase 250 51% · 6.4% denied
Refinance 71 15% · 16.9% denied
Cash-out refinance 16 3% · 37.5% denied
Home improvement 88 18% · 26.1% denied
Other / HELOC 63 13% · 33.3% denied

By loan type

Conventional 452 93% · 15.7% denied
FHA 32 7% · 21.9% denied
VA 3 1% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Indiana applicants

Debt-to-income ratio 37 47%
Credit history 22 28%
Collateral 10 13%
Other 6 8%
Employment history 1 1%
Unverifiable information 1 1%
Incomplete application 1 1%

Where in Indiana

Counties with the most Stock Yards Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 19113525 13.1%
Floyd County 997415 15.2%
Marion County 896612 13.5%
Scott County 18107 38.9%
Hamilton County 18150 0.0%
Hendricks County 1376 46.2%
Harrison County 1384 30.8%
Johnson County 851 12.5%
Washington County 631 16.7%
Boone County 512 40.0%

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: 488 applications in 2025, of which 341 were originated and 78 denied.

16.0% of all applications, or 18.5% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Stock Yards Bank & Trust originated in Indiana in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are Stock Yards 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