U.S. Bank in Indiana vs the state
44.8%Denial rate+28.24 pts vs state
52.4%Decision denial rate+32.29 pts vs state
39.4%Origination rate-22.85 pts vs state
7.06%Median rate+0.31 pts vs state
0.72Rate spread (pts)+0.35 pts vs state
$85kMedian applicant income
786Loans originated
894Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,963 | 710 | 49.9% | 7.78% | #37 |
| 2024 | 1,801 | 691 | 46.9% | 7.63% | #42 |
| 2025 | 1,995 | 786 | 44.8% | 7.06% | #42 |
What U.S. Bank lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most U.S. Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 331 | 121 | 161 | 48.6% |
| Lake County | 178 | 69 | 81 | 45.5% |
| Hamilton County | 143 | 90 | 34 | 23.8% |
| Dearborn County | 105 | 57 | 32 | 30.5% |
| Clark County | 91 | 42 | 37 | 40.7% |
| Wayne County | 86 | 38 | 27 | 31.4% |
| Hendricks County | 61 | 24 | 25 | 41.0% |
| Johnson County | 56 | 21 | 28 | 50.0% |
| Allen County | 55 | 17 | 31 | 56.4% |
| St. Joseph County | 48 | 14 | 24 | 50.0% |
Other large lenders in Indiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,503 | 18.6% | 6.75% |
| Ruoff Mortgage Company | A | 8,860 | 4.0% | 6.75% |
| Fifth Third Bank | D | 8,693 | 27.6% | 7.75% |
| United Shore Financial Services | B | 8,659 | 12.2% | 6.38% |
| Freedom Mortgage | B | 5,454 | 8.9% | 6.25% |
| Newrez | D | 5,421 | 18.2% | 6.63% |
| First Merchants Bank | C | 5,114 | 19.9% | 6.76% |
| Fairway Independent Mortgage | B | 4,813 | 7.4% | 6.75% |
| Mortgage Research Center | C | 4,791 | 19.0% | 6.25% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
Frequently asked questions
Indiana: 1,995 applications in 2025, of which 786 were originated and 894 denied.
44.8% of all applications, or 52.4% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans U.S. Bank originated in Indiana in 2025 was 7.06%, against a statewide median of 6.75%.
About this data. Figures are U.S. 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