The Dart Bank · Indiana · 2025

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

The Dart Bank took 64 mortgage applications in Indiana in 2025, ranking #322 of 1,025 lenders active in the state. It originated 81.3% of them and denied 7.8% (8.3% of the applications it decided), against a statewide denial rate of 16.6%.

64Applicationsin IN
8.3%Decision denial ratestate 20.1%
6.63%Median ratestate 6.75%
$265,000Median loanstate $155,000
$14MVolume17 counties

The Dart Bank in Indiana vs the state

7.8%Denial rate-8.76 pts vs state
8.3%Decision denial rate-11.81 pts vs state
81.3%Origination rate+19.00 pts vs state
6.63%Median rate-0.13 pts vs state
0.22Rate spread (pts)-0.14 pts vs state
$88kMedian applicant income
52Loans originated
5Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235420.0%6.94%#610
20246416.7%5.88%#580
202564527.8%6.63%#322

What The Dart Bank lends in Indiana

By loan purpose

Home purchase 48 75% · 8.3% denied
Refinance 5 8% · 0.0% denied
Cash-out refinance 10 16% · 10.0% denied
Other / HELOC 1 2% · 0.0% denied

By loan type

Conventional 38 59% · 10.5% denied
FHA 19 30% · 0.0% denied
VA 7 11% · 14.3% denied

Why it denied Indiana applicants

Debt-to-income ratio 2 40%
Collateral 1 20%
Unverifiable information 1 20%
Other 1 20%

Where in Indiana

Counties with the most The Dart Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 23182 8.7%
Hamilton County 980 0.0%
Madison County 650 0.0%
Clark County 651 16.7%
Allen County 440 0.0%
Lake County 210 0.0%
Floyd County 211 50.0%
Hancock County 210 0.0%
Howard County 220 0.0%
Elkhart 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: 64 applications in 2025, of which 52 were originated and 5 denied.

7.8% of all applications, or 8.3% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans The Dart Bank originated in Indiana in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are The Dart 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