The Park National Bank · Indiana · 2025

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

The Park National Bank took 17 mortgage applications in Indiana in 2025, ranking #481 of 1,025 lenders active in the state. It originated 52.9% of them and denied 35.3% (40.0% of the applications it decided), against a statewide denial rate of 16.6%.

17Applicationsin IN
40.0%Decision denial ratestate 20.1%
6.63%Median ratestate 6.75%
$145,000Median loanstate $155,000
$2.2MVolume10 counties

The Park National Bank in Indiana vs the state

35.3%Denial rate+18.72 pts vs state
40.0%Decision denial rate+19.86 pts vs state
52.9%Origination rate-9.31 pts vs state
6.63%Median rate-0.13 pts vs state
0.16Rate spread (pts)-0.21 pts vs state
$95kMedian applicant income
9Loans originated
6Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023302016.7%7.43%#379
2024211038.1%7.63%#447
202517935.3%6.63%#481

What The Park National Bank lends in Indiana

By loan purpose

Home purchase 7 41% · 28.6% denied
Refinance 4 24% · 50.0% denied
Cash-out refinance 2 12% · 50.0% denied
Home improvement 3 18% · 0.0% denied
Other / HELOC 1 6% · 100.0% denied

By loan type

Conventional 16 94% · 37.5% denied
VA 1 6% · 0.0% denied

Why it denied Indiana applicants

Debt-to-income ratio 3 50%
Incomplete application 2 33%
Collateral 1 17%

Where in Indiana

Counties with the most The Park National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jay County 531 20.0%
Randolph County 202 100.0%
Madison County 220 0.0%
Hamilton County 211 50.0%
Delaware County 110 0.0%
Dearborn County 110 0.0%
Adams County 110 0.0%
Vanderburgh County 101 100.0%
Wayne County 100 0.0%
Clark County 101 100.0%

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: 17 applications in 2025, of which 9 were originated and 6 denied.

35.3% of all applications, or 40.0% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

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

About this data. Figures are The Park National 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