The Farmers Bank of Milton · Indiana · 2025

The Farmers Bank of Milton in Indiana: approval rate, denial rate and rates (2025)

The Farmers Bank of Milton took 41 mortgage applications in Indiana in 2025, ranking #375 of 1,025 lenders active in the state. It originated 90.2% of them and denied 2.4% (2.6% of the applications it decided), against a statewide denial rate of 16.6%.

41Applicationsin IN
2.6%Decision denial ratestate 20.1%
Median ratestate 6.75%
$115,000Median loanstate $155,000
$5.3MVolume8 counties

The Farmers Bank of Milton in Indiana vs the state

2.4%Denial rate-14.13 pts vs state
2.6%Decision denial rate-17.51 pts vs state
90.2%Origination rate+27.99 pts vs state
Median rate
Rate spread (pts)
$87kMedian applicant income
37Loans originated
1Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023887311.4%#270
2024605110.0%#319
202541372.4%#375

What The Farmers Bank of Milton lends in Indiana

By loan purpose

Home purchase 15 37% · 0.0% denied
Refinance 20 49% · 0.0% denied
Home improvement 2 5% · 0.0% denied
Other / HELOC 4 10% · 25.0% denied

By loan type

Conventional 41 100% · 2.4% denied

Where in Indiana

Counties with the most The Farmers Bank of Milton applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 31281 3.2%
Switzerland County 430 0.0%
Pike County 110 0.0%
Bartholomew County 110 0.0%
Washington County 110 0.0%
Scott County 110 0.0%
Jennings County 110 0.0%
Clark 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: 41 applications in 2025, of which 37 were originated and 1 denied.

2.4% of all applications, or 2.6% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are The Farmers Bank of Milton'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