The Fountain Trust · Indiana · 2025

The Fountain Trust in Indiana: approval rate, denial rate and rates (2025)

The Fountain Trust took 277 mortgage applications in Indiana in 2025, ranking #168 of 1,025 lenders active in the state. It originated 57.8% of them and denied 23.1% (23.9% of the applications it decided), against a statewide denial rate of 16.6%.

277Applicationsin IN
23.9%Decision denial ratestate 20.1%
Median ratestate 6.75%
$165,000Median loanstate $155,000
$33MVolume25 counties

The Fountain Trust in Indiana vs the state

23.1%Denial rate+6.53 pts vs state
23.9%Decision denial rate+3.74 pts vs state
57.8%Origination rate-4.49 pts vs state
Median rate
Rate spread (pts)
$98kMedian applicant income
160Loans originated
64Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202331217826.0%7.14%#137
202428119019.9%#149
202527716023.1%#168

What The Fountain Trust lends in Indiana

By loan purpose

Home purchase 170 61% · 21.8% denied
Refinance 41 15% · 17.1% denied
Cash-out refinance 30 11% · 50.0% denied
Home improvement 11 4% · 0.0% denied
Other / HELOC 25 9% · 20.0% denied

By loan type

Conventional 277 100% · 23.1% denied

Where in Indiana

Counties with the most The Fountain Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Tippecanoe County 1067417 16.0%
Fountain County 331313 39.4%
Montgomery County 291212 41.4%
White County 22132 9.1%
Carroll County 1594 26.7%
Parke County 1264 33.3%
Warren County 1153 27.3%
Clinton County 1063 30.0%
Howard County 640 0.0%
Marion County 622 33.3%

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: 277 applications in 2025, of which 160 were originated and 64 denied.

23.1% of all applications, or 23.9% 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 Fountain 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