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Allen County, Indiana · 2025

Mortgage lenders in Allen County, IN: denial rates and top lenders (2025)

342 lenders acted on 16,353 mortgage applications for properties in Allen County in 2025. 14.5% were denied (Indiana: 16.6%). Median rate on closed loans 6.75%; median loan $155,000; median property value $265,000.

16kApplications
14.5%Denial ratestate 16.6%
6.75%Median ratestate 6.75%
$155,000Median loan
$265,000Median property value

Largest lenders in Allen County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Three Rivers Federal Credit Union C 1,9751,496 12.9%7.00%
2 Ruoff Mortgage Company A 1,165898 4.3%6.75%
3 First Merchants Bank C 672477 12.8%6.50%
4 Fifth Third Bank D 636426 17.0%6.99%
5 Rocket Mortgage C 605430 18.8%6.88%
6 MidWest America Federal Credit Union C 524398 9.4%6.49%
7 Profed Credit Union C 516332 21.1%7.25%
8 Fairway Independent Mortgage B 392321 6.9%6.75%
9 Dhi Mortgage Company B 371231 14.3%5.50%
10 Union Savings Bank A 340290 4.7%6.50%
11 PNC Bank D 333217 19.2%7.54%
12 Gvc Mortgage B 298230 4.0%6.75%
13 JPMorgan Chase Bank B 294201 8.5%6.63%
14 United Shore Financial Services B 292199 15.4%6.13%
15 Newrez D 26684 18.4%6.63%
16 Flagstar Bank C 260152 19.6%6.63%
17 Freedom Mortgage B 247129 7.3%6.25%
18 1st Source Bank B 246169 18.3%7.25%
19 Lake City Bank B 240185 9.6%7.75%
20 Mortgage Research Center C 240113 23.8%6.13%
21 Old National Bank B 223161 17.5%6.25%
22 STAR Financial Bank C 214130 22.4%6.13%
23 Everwise Credit Union C 207156 9.7%7.00%
24 PARTNERS 1ST Federal Credit Union C 207156 11.6%7.25%
25 FORT FINANCIAL Federal Credit Union D 190146 9.0%7.00%

Best approval odds in Allen County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Nations Lending890.0%
2Geneva Financial1040.0%
3V.i.p. Mortgage1120.0%
4Diamond Residential Mortgage1120.9%
5Coastal Community Bank841.2%
6Ruoff Mortgage Company1,0764.7%
7Gvc Mortgage2425.0%
8Union Savings Bank3105.2%
9The Garrett State Bank946.4%
10Stockton Mortgage1327.6%

What Allen County borrowers applied for

By loan purpose

Home purchase 7,437 45% · 9.0% denied
Refinance 2,603 16% · 11.3% denied
Cash-out refinance 2,880 18% · 20.4% denied
Home improvement 1,498 9% · 19.1% denied
Other / HELOC 1,935 12% · 27.4% denied

By loan type

Conventional 12,955 79% · 14.2% denied
FHA 2,232 14% · 16.9% denied
VA 1,134 7% · 13.1% denied
USDA / RHS 32 0% · 15.6% denied

Why applications were denied

Debt-to-income ratio 776 33%
Credit history 725 31%
Collateral 302 13%
Incomplete application 236 10%
Other 178 8%
Unverifiable information 63 3%
Insufficient cash 38 2%
Employment history 37 2%

Allen County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202313,5598,78717.0%7.13%$135,000
202415,1879,87716.2%7.00%$155,000
202516,35310,78514.5%6.75%$155,000

Frequently asked questions

14.5% of applications in Allen County were denied in 2025, against 16.6% statewide in Indiana.

Three Rivers Federal Credit Union, with 1,975 applications in 2025 and a denial rate of 12.9%.

The median mortgage application in Allen County in 2025 was for $155,000; the median property value on originated loans was $265,000.