Cass County, Indiana · 2025

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

140 lenders acted on 1,293 mortgage applications for properties in Cass County in 2025. 18.5% were denied (Indiana: 16.6%). Median rate on closed loans 6.88%; median loan $105,000; median property value $185,000.

1.3kApplications
18.5%Denial ratestate 16.6%
6.88%Median ratestate 6.75%
$105,000Median loan
$185,000Median property value

Largest lenders in Cass County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Security Federal Savings Bank B 219190 5.5%6.50%
2 Ruoff Mortgage Company A 10890 1.9%6.88%
3 First Farmers Bank & Trust C 7452 24.3%7.56%
4 Beacon Credit Union C 5945 10.2%7.13%
5 Rocket Mortgage C 5735 28.1%6.88%
6 Horizon Bank A 4828 18.8%6.50%
7 Movement Mortgage A 4435 2.3%6.88%
8 PNC Bank D 4219 40.5%7.71%
9 Carrington Mortgage Services D 2612 46.2%6.38%
10 Newrez D 258 32.0%6.99%
11 Loandepot.Com D 257 48.0%6.38%
12 Mortgage Research Center C 2415 12.5%6.50%
13 United Shore Financial Services B 2216 13.6%6.31%
14 Plaza Home Mortgage C 2114 28.6%6.81%
15 AmeriSave Mortgage D 204 75.0%6.69%
16 21st Mortgage F 202 65.0%10.72%
17 Freedom Mortgage B 209 5.0%6.75%
18 Triad Financial Services D 202 50.0%10.99%
19 Broker Solutions D 198 10.5%6.99%
20 First Merchants Bank C 1713 17.7%7.00%
21 Fifth Third Bank D 166 62.5%9.50%
22 Pennymac Loan Services C 157 0.0%5.75%
23 Guild Mortgage A 1310 7.7%6.81%
24 Ixonia Bank C 106 0.0%7.38%
25 Industrial Federal Credit Union C 109 0.0%

Best approval odds in Cass County

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

#LenderDecidedDecision denial rate
1Ruoff Mortgage Company1051.9%
2Security Federal Savings Bank2065.8%
3Beacon Credit Union5510.9%
4First Farmers Bank & Trust7424.3%
5Rocket Mortgage5429.6%

What Cass County borrowers applied for

By loan purpose

Home purchase 532 41% · 10.9% denied
Refinance 145 11% · 16.6% denied
Cash-out refinance 281 22% · 23.5% denied
Home improvement 97 8% · 41.2% denied
Other / HELOC 238 18% · 21.4% denied

By loan type

Conventional 907 70% · 17.5% denied
FHA 250 19% · 23.2% denied
VA 101 8% · 16.8% denied
USDA / RHS 35 3% · 14.3% denied

Why applications were denied

Credit history 91 38%
Collateral 47 20%
Debt-to-income ratio 44 18%
Incomplete application 34 14%
Other 15 6%
Unverifiable information 5 2%
Insufficient cash 3 1%

Cass County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202398558922.0%7.13%$95,000
20241,08970517.5%7.00%$105,000
20251,29382618.5%6.88%$105,000

Frequently asked questions

18.5% of applications in Cass County were denied in 2025, against 16.6% statewide in Indiana.

Security Federal Savings Bank, with 219 applications in 2025 and a denial rate of 5.5%.

The median mortgage application in Cass County in 2025 was for $105,000; the median property value on originated loans was $185,000.