Truist Bank · Indiana · 2025

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

Truist Bank took 279 mortgage applications in Indiana in 2025, ranking #165 of 1,025 lenders active in the state. It originated 35.1% of them and denied 35.8% (49.5% of the applications it decided), against a statewide denial rate of 16.6%.

279Applicationsin IN
49.5%Decision denial ratestate 20.1%
6.66%Median ratestate 6.75%
$105,000Median loanstate $155,000
$24MVolume49 counties

Truist Bank in Indiana vs the state

35.8%Denial rate+19.27 pts vs state
49.5%Decision denial rate+29.36 pts vs state
35.1%Origination rate-27.12 pts vs state
6.66%Median rate-0.09 pts vs state
0.12Rate spread (pts)-0.25 pts vs state
$107kMedian applicant income
98Loans originated
100Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202326411243.6%7.16%#150
20242346941.5%7.19%#175
20252799835.8%6.66%#165

What Truist Bank lends in Indiana

By loan purpose

Home purchase 88 32% · 10.2% denied
Refinance 30 11% · 26.7% denied
Cash-out refinance 20 7% · 10.0% denied
Home improvement 66 24% · 48.5% denied
Other / HELOC 75 27% · 65.3% denied

By loan type

Conventional 265 95% · 37.0% denied
FHA 7 3% · 28.6% denied
VA 7 3% · 0.0% denied

Why it denied Indiana applicants

Incomplete application 38 38%
Debt-to-income ratio 30 30%
Credit history 24 24%
Collateral 5 5%
Unverifiable information 2 2%
Employment history 1 1%

Where in Indiana

Counties with the most Truist Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 34710 29.4%
Clark County 29168 27.6%
Hamilton County 25115 20.0%
Hancock County 2016 30.0%
Floyd County 1776 35.3%
Allen County 13112 15.4%
Johnson County 1343 23.1%
Vanderburgh County 1255 41.7%
Lake County 1016 60.0%
Delaware County 706 85.7%

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: 279 applications in 2025, of which 98 were originated and 100 denied.

35.8% of all applications, or 49.5% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Truist Bank originated in Indiana in 2025 was 6.66%, against a statewide median of 6.75%.

About this data. Figures are Truist 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