The National Bank of Indianapolis · Indiana · 2025

The National Bank of Indianapolis in Indiana: approval rate, denial rate and rates (2025)

The National Bank of Indianapolis took 553 mortgage applications in Indiana in 2025, ranking #107 of 1,025 lenders active in the state. It originated 87.7% of them and denied 2.4% (2.6% of the applications it decided), against a statewide denial rate of 16.6%.

553Applicationsin IN
2.6%Decision denial ratestate 20.1%
Median ratestate 6.75%
$285,000Median loanstate $155,000
$180MVolume17 counties

The National Bank of Indianapolis in Indiana vs the state

2.4%Denial rate-14.22 pts vs state
2.6%Decision denial rate-17.57 pts vs state
87.7%Origination rate+25.45 pts vs state
Median rate
Rate spread (pts)
$268kMedian applicant income
485Loans originated
13Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234843946.6%#101
20244013265.0%#126
20255534852.4%#107

What The National Bank of Indianapolis lends in Indiana

By loan purpose

Home purchase 233 42% · 2.6% denied
Refinance 158 29% · 0.0% denied
Home improvement 43 8% · 7.0% denied
Other / HELOC 119 22% · 3.4% denied

By loan type

Conventional 553 100% · 2.4% denied

Why it denied Indiana applicants

Debt-to-income ratio 8 62%
Credit history 4 31%
Collateral 1 8%

Where in Indiana

Counties with the most The National Bank of Indianapolis applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 2452167 2.9%
Hamilton County 1821634 2.2%
Boone County 51401 2.0%
Johnson County 25240 0.0%
Hendricks County 18160 0.0%
Brown County 541 20.0%
Kosciusko County 550 0.0%
Hancock County 430 0.0%
Bartholomew County 320 0.0%
Putnam County 330 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: 553 applications in 2025, of which 485 were originated and 13 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 National Bank of Indianapolis'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