Clinton County, Indiana · 2025

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

140 lenders acted on 1,372 mortgage applications for properties in Clinton County in 2025. 17.6% were denied (Indiana: 16.6%). Median rate on closed loans 6.63%; median loan $135,000; median property value $225,000.

1.4kApplications
17.6%Denial ratestate 16.6%
6.63%Median ratestate 6.75%
$135,000Median loan
$225,000Median property value

Largest lenders in Clinton County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 The Farmers Bank, Frankfort, Indiana C 169129 15.4%
2 Regions Bank C 13676 31.6%6.13%
3 Ruoff Mortgage Company A 11090 4.6%6.75%
4 First Merchants Bank C 10146 27.7%6.75%
5 Rocket Mortgage C 6246 12.9%6.50%
6 United Shore Financial Services B 4130 7.3%5.75%
7 Industrial Federal Credit Union C 3525 20.0%
8 Encompass Federal Credit Union B 3431 5.9%
9 Purdue B 2919 27.6%6.88%
10 CMG Mortgage A 2418 12.5%6.63%
11 Loandepot.Com D 238 52.2%7.13%
12 Freedom Mortgage B 2210 9.1%6.25%
13 Newrez D 226 13.6%6.50%
14 Fifth Third Bank D 209 35.0%7.00%
15 AmeriSave Mortgage D 207 60.0%6.63%
16 The Huntington National Bank D 209 40.0%7.74%
17 Mortgage Research Center C 1911 15.8%6.50%
18 Prosperity Home Mortgage A 1916 10.5%6.44%
19 First Financial Bank D 1811 22.2%5.99%
20 Broker Solutions D 163 6.3%9.38%
21 Coastal Community Bank C 165 6.3%14.74%
22 Security Federal Savings Bank B 1616 0.0%6.75%
23 Fairway Independent Mortgage B 1313 0.0%6.50%
24 First Farmers Bank & Trust C 127 25.0%7.25%
25 Carrington Mortgage Services D 124 33.3%7.50%

Best approval odds in Clinton County

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

#LenderDecidedDecision denial rate
1Ruoff Mortgage Company1094.6%
2Rocket Mortgage5514.6%
3The Farmers Bank, Frankfort, Indiana15916.4%
4Regions Bank12534.4%
5First Merchants Bank7835.9%

What Clinton County borrowers applied for

By loan purpose

Home purchase 485 35% · 5.2% denied
Refinance 226 16% · 14.6% denied
Cash-out refinance 307 22% · 24.1% denied
Home improvement 191 14% · 30.4% denied
Other / HELOC 163 12% · 31.9% denied

By loan type

Conventional 1,028 75% · 18.2% denied
FHA 230 17% · 19.1% denied
VA 90 7% · 8.9% denied
USDA / RHS 24 2% · 12.5% denied

Why applications were denied

Credit history 70 34%
Debt-to-income ratio 53 26%
Collateral 37 18%
Incomplete application 26 13%
Other 9 4%
Unverifiable information 3 1%
Insufficient cash 3 1%
Employment history 2 1%

Clinton County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,20275518.7%7.13%$105,000
20241,26081617.5%6.99%$125,000
20251,37286617.6%6.63%$135,000

Frequently asked questions

17.6% of applications in Clinton County were denied in 2025, against 16.6% statewide in Indiana.

The Farmers Bank, Frankfort, Indiana, with 169 applications in 2025 and a denial rate of 15.4%.

The median mortgage application in Clinton County in 2025 was for $135,000; the median property value on originated loans was $225,000.