Dearborn County, Indiana · 2025

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

189 lenders acted on 2,339 mortgage applications for properties in Dearborn County in 2025. 16.5% were denied (Indiana: 16.6%). Median rate on closed loans 6.88%; median loan $175,000; median property value $325,000.

2.3kApplications
16.5%Denial ratestate 16.6%
6.88%Median ratestate 6.75%
$175,000Median loan
$325,000Median property value

Largest lenders in Dearborn County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Civista Bank B 253191 14.6%7.50%
2 First Financial Bank D 185115 23.8%5.99%
3 Fifth Third Bank D 17099 25.9%7.75%
4 American Pacific Mortgage C 162125 6.2%6.99%
5 U.S. Bank D 10557 30.5%7.38%
6 Union Home Mortgage B 9571 2.1%6.63%
7 Rocket Mortgage C 8869 15.9%6.88%
8 United Shore Financial Services B 6345 19.1%6.13%
9 The Friendship State Bank C 5942 15.3%6.75%
10 FCN Bank B 5545 1.8%
11 Mortgage Research Center C 4319 14.0%6.50%
12 Carrington Mortgage Services D 4119 39.0%7.00%
13 Fairway Independent Mortgage B 3729 0.0%6.88%
14 Freedom Mortgage B 3515 2.9%6.63%
15 Guardian Savings Bank B 3329 12.1%6.75%
16 The Huntington National Bank D 3221 15.6%6.88%
17 Hoosier Hills Credit Union C 3223 18.8%7.00%
18 Kemba Credit Union C 2921 17.2%7.50%
19 AmeriSave Mortgage D 279 59.3%8.38%
20 Crosscountry Mortgage B 2615 7.7%6.63%
21 General Electric Credit Union A 2517 16.0%5.99%
22 Newrez D 245 29.2%5.88%
23 Vanderbilt Mortgage and Finance F 224 18.2%9.50%
24 PNC Bank D 2111 19.1%7.87%
25 Union Savings Bank A 2018 0.0%6.50%

Best approval odds in Dearborn County

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

#LenderDecidedDecision denial rate
1Union Home Mortgage742.7%
2American Pacific Mortgage1357.4%
3The Friendship State Bank5915.3%
4Civista Bank24115.4%
5Rocket Mortgage8316.9%
6United Shore Financial Services5820.7%
7First Financial Bank16426.8%
8Fifth Third Bank14430.6%
9U.S. Bank9035.6%

What Dearborn County borrowers applied for

By loan purpose

Home purchase 818 35% · 5.4% denied
Refinance 371 16% · 15.4% denied
Cash-out refinance 482 21% · 21.6% denied
Home improvement 303 13% · 26.7% denied
Other / HELOC 365 16% · 27.1% denied

By loan type

Conventional 1,812 77% · 17.4% denied
FHA 343 15% · 14.9% denied
VA 160 7% · 10.6% denied
USDA / RHS 24 1% · 8.3% denied

Why applications were denied

Debt-to-income ratio 116 30%
Credit history 103 27%
Collateral 68 18%
Incomplete application 51 13%
Other 28 7%
Unverifiable information 11 3%
Insufficient cash 4 1%
Employment history 2 1%

Dearborn County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,8461,21316.3%7.13%$145,000
20241,8891,19818.3%6.99%$155,000
20252,3391,47716.5%6.88%$175,000

Frequently asked questions

16.5% of applications in Dearborn County were denied in 2025, against 16.6% statewide in Indiana.

Civista Bank, with 253 applications in 2025 and a denial rate of 14.6%.

The median mortgage application in Dearborn County in 2025 was for $175,000; the median property value on originated loans was $325,000.