TIB · Indiana · 2025

TIB in Indiana: approval rate, denial rate and rates (2025)

TIB took 9 mortgage applications in Indiana in 2025, ranking #566 of 1,025 lenders active in the state. It originated 66.7% of them and denied 22.2% (25.0% of the applications it decided), against a statewide denial rate of 16.6%.

9Applicationsin IN
25.0%Decision denial ratestate 20.1%
6.44%Median ratestate 6.75%
$135,000Median loanstate $155,000
$1.2MVolume8 counties

TIB in Indiana vs the state

22.2%Denial rate+5.65 pts vs state
25.0%Decision denial rate+4.86 pts vs state
66.7%Origination rate+4.42 pts vs state
6.44%Median rate-0.31 pts vs state
0.35Rate spread (pts)-0.02 pts vs state
$87kMedian applicant income
6Loans originated
2Denied

What TIB lends in Indiana

By loan purpose

Home purchase 7 78% · 28.6% denied
Cash-out refinance 2 22% · 0.0% denied

By loan type

Conventional 5 56% · 20.0% denied
FHA 1 11% · 0.0% denied
VA 2 22% · 0.0% denied
USDA / RHS 1 11% · 100.0% denied

Why it denied Indiana applicants

Other 1 50%
Collateral 1 50%

Where in Indiana

Counties with the most TIB applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Rush County 211 50.0%
Randolph County 110 0.0%
Grant County 101 100.0%
Adams County 110 0.0%
Henry County 110 0.0%
Wells County 110 0.0%
Delaware County 100 0.0%
Wayne 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: 9 applications in 2025, of which 6 were originated and 2 denied.

22.2% of all applications, or 25.0% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans TIB originated in Indiana in 2025 was 6.44%, against a statewide median of 6.75%.

About this data. Figures are TIB'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