Brown County, Indiana · 2025

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

159 lenders acted on 931 mortgage applications for properties in Brown County in 2025. 19.0% were denied (Indiana: 16.6%). Median rate on closed loans 6.63%; median loan $195,000; median property value $380,000.

931Applications
19.0%Denial ratestate 16.6%
6.63%Median ratestate 6.75%
$195,000Median loan
$380,000Median property value

Largest lenders in Brown County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Fifth Third Bank D 7742 29.9%8.25%
2 Centra Credit Union A 6957 5.8%5.24%
3 Rocket Mortgage C 4529 26.7%6.63%
4 First Financial Bank D 4127 17.1%5.99%
5 First Merchants Bank C 3915 35.9%7.25%
6 PNC Bank D 3413 52.9%6.75%
7 Indiana Members Credit Union B 2617 11.5%6.13%
8 Indiana University Credit Union C 2514 20.0%6.76%
9 United Shore Financial Services B 2316 4.4%6.13%
10 Gvc Mortgage B 2314 8.7%6.56%
11 Fairway Independent Mortgage B 2011 10.0%7.13%
12 The Peoples State Bank B 2014 25.0%
13 Newrez D 187 0.0%6.25%
14 Ruoff Mortgage Company A 1714 5.9%6.56%
15 Crosscountry Mortgage B 1612 0.0%6.50%
16 Old National Bank B 1610 25.0%6.18%
17 Mortgage Research Center C 137 15.4%6.25%
18 Farm Credit Mid-America D 129 0.0%7.25%
19 The Huntington National Bank D 124 33.3%7.05%
20 Bank of America F 112 54.6%5.93%
21 Loandepot.Com D 114 27.3%6.81%
22 JPMorgan Chase Bank B 108 0.0%6.18%
23 New Day Financial F 103 20.0%6.74%
24 German American Bank A 108 10.0%6.50%
25 Pennymac Loan Services C 94 0.0%5.94%

Best approval odds in Brown County

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

#LenderDecidedDecision denial rate
1Centra Credit Union626.5%
2Fifth Third Bank6734.3%

What Brown County borrowers applied for

By loan purpose

Home purchase 306 33% · 9.5% denied
Refinance 155 17% · 16.8% denied
Cash-out refinance 198 21% · 21.2% denied
Home improvement 139 15% · 28.8% denied
Other / HELOC 133 14% · 30.1% denied

By loan type

Conventional 770 83% · 18.8% denied
FHA 79 8% · 27.9% denied
VA 73 8% · 11.0% denied
USDA / RHS 9 1% · 22.2% denied

Why applications were denied

Debt-to-income ratio 53 30%
Credit history 48 27%
Collateral 39 22%
Incomplete application 18 10%
Other 13 7%
Unverifiable information 2 1%
Employment history 2 1%
Insufficient cash 2 1%

Brown County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202380549218.0%6.99%$185,000
202479549615.9%6.99%$205,000
202593153919.0%6.63%$195,000

Frequently asked questions

19.0% of applications in Brown County were denied in 2025, against 16.6% statewide in Indiana.

Fifth Third Bank, with 77 applications in 2025 and a denial rate of 29.9%.

The median mortgage application in Brown County in 2025 was for $195,000; the median property value on originated loans was $380,000.