Daviess County, Indiana · 2025

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

107 lenders acted on 821 mortgage applications for properties in Daviess County in 2025. 16.9% were denied (Indiana: 16.6%). Median rate on closed loans 6.75%; median loan $135,000; median property value $255,000.

821Applications
16.9%Denial ratestate 16.6%
6.75%Median ratestate 6.75%
$135,000Median loan
$255,000Median property value

Largest lenders in Daviess County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 German American Bank A 177138 15.3%7.00%
2 Old National Bank B 5336 15.1%6.07%
3 Crane C 4832 25.0%6.63%
4 Liberty B 4138 4.9%6.81%
5 First Savings Bank C 3829 15.8%7.00%
6 United Shore Financial Services B 3827 7.9%6.54%
7 Rocket Mortgage C 3222 25.0%7.06%
8 First Financial Bank C 3112 45.2%6.63%
9 Plaza Home Mortgage C 2016 15.0%6.50%
10 First Federal Savings Bank B 1813 5.6%
11 Mortgage Research Center C 1711 11.8%6.50%
12 Freedom Mortgage B 1610 0.0%6.31%
13 Farm Credit Mid-America D 1614 6.3%6.75%
14 Fifth Third Bank D 125 25.0%6.99%
15 Newrez D 111 18.2%5.63%
16 American Financial Resources B 1110 0.0%6.75%
17 Pennymac Loan Services C 106 30.0%5.63%
18 Ruoff Mortgage Company A 99 0.0%6.88%
19 Spring Eq D 83 37.5%11.23%
20 Regions Bank C 73 14.3%4.99%
21 Loandepot.Com D 74 28.6%8.62%
22 Coastal Community Bank C 70 0.0%
23 JPMorgan Chase Bank B 63 16.7%6.38%
24 Royal United Mortgage F 64 33.3%7.50%
25 Stockton Mortgage D 65 0.0%6.75%

Best approval odds in Daviess County

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

#LenderDecidedDecision denial rate
1German American Bank16916.0%

What Daviess County borrowers applied for

By loan purpose

Home purchase 307 37% · 11.1% denied
Refinance 147 18% · 11.6% denied
Cash-out refinance 167 20% · 18.6% denied
Home improvement 94 11% · 37.2% denied
Other / HELOC 106 13% · 20.8% denied

By loan type

Conventional 625 76% · 17.6% denied
FHA 114 14% · 19.3% denied
VA 70 9% · 8.6% denied
USDA / RHS 12 1% · 8.3% denied

Why applications were denied

Credit history 43 31%
Debt-to-income ratio 35 25%
Collateral 24 17%
Incomplete application 17 12%
Other 8 6%
Unverifiable information 4 3%
Employment history 4 3%
Insufficient cash 3 2%

Daviess County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202370946616.6%7.13%$105,000
202477752817.0%6.97%$125,000
202582154216.9%6.75%$135,000

Frequently asked questions

16.9% of applications in Daviess County were denied in 2025, against 16.6% statewide in Indiana.

German American Bank, with 177 applications in 2025 and a denial rate of 15.3%.

The median mortgage application in Daviess County in 2025 was for $135,000; the median property value on originated loans was $255,000.