University Bank · Indiana · 2025

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

University Bank took 275 mortgage applications in Indiana in 2025, ranking #170 of 1,025 lenders active in the state. It originated 89.1% of them and denied 0.7% (0.8% of the applications it decided), against a statewide denial rate of 16.6%.

275Applicationsin IN
0.8%Decision denial ratestate 20.1%
6.25%Median ratestate 6.75%
$245,000Median loanstate $155,000
$68MVolume25 counties

University Bank in Indiana vs the state

0.7%Denial rate-15.84 pts vs state
0.8%Decision denial rate-19.33 pts vs state
89.1%Origination rate+26.84 pts vs state
6.25%Median rate-0.50 pts vs state
0.11Rate spread (pts)-0.25 pts vs state
$98kMedian applicant income
245Loans originated
2Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232652320.4%6.50%#149
20243242811.2%6.38%#138
20252752450.7%6.25%#170

What University Bank lends in Indiana

By loan purpose

Home purchase 236 86% · 0.4% denied
Refinance 24 9% · 0.0% denied
Cash-out refinance 8 3% · 0.0% denied
Home improvement 3 1% · 33.3% denied
Other / HELOC 4 1% · 0.0% denied

By loan type

Conventional 170 62% · 0.6% denied
FHA 65 24% · 0.0% denied
VA 14 5% · 0.0% denied
USDA / RHS 26 9% · 3.9% denied

Why it denied Indiana applicants

Collateral 1 100%

Where in Indiana

Counties with the most University Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lake County 1271160 0.0%
Montgomery County 69611 1.4%
Porter County 34280 0.0%
Fountain County 530 0.0%
Vanderburgh County 550 0.0%
Boone County 440 0.0%
Putnam County 330 0.0%
Grant County 320 0.0%
Parke County 320 0.0%
Hamilton County 321 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: 275 applications in 2025, of which 245 were originated and 2 denied.

0.7% of all applications, or 0.8% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans University Bank originated in Indiana in 2025 was 6.25%, against a statewide median of 6.75%.

About this data. Figures are University 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