DeKalb County, Indiana · 2025

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

164 lenders acted on 1,980 mortgage applications for properties in DeKalb County in 2025. 16.2% were denied (Indiana: 16.6%). Median rate on closed loans 6.75%; median loan $155,000; median property value $255,000.

2.0kApplications
16.2%Denial ratestate 16.6%
6.75%Median ratestate 6.75%
$155,000Median loan
$255,000Median property value

Largest lenders in DeKalb County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Three Rivers Federal Credit Union C 171118 17.5%6.88%
2 Ruoff Mortgage Company A 152116 7.9%6.63%
3 Profed Credit Union C 10474 18.3%7.13%
4 Rocket Mortgage C 9767 20.6%6.88%
5 Gvc Mortgage B 8960 1.1%6.63%
6 The Garrett State Bank C 5844 13.8%
7 Horizon Bank A 5141 13.7%6.00%
8 PNC Bank D 4930 24.5%7.88%
9 United Shore Financial Services B 4832 10.4%6.06%
10 FORT FINANCIAL Federal Credit Union D 4428 13.6%7.12%
11 Fairway Independent Mortgage B 4335 2.3%6.88%
12 Beacon Credit Union C 4223 23.8%7.25%
13 Fifth Third Bank D 4129 22.0%7.12%
14 Freedom Mortgage B 3514 20.0%6.25%
15 Lake City Bank B 3330 3.0%7.75%
16 Loandepot.Com D 3120 16.1%7.19%
17 First Merchants Bank C 2918 24.1%6.25%
18 Van Dyk Mortgage B 2926 0.0%6.50%
19 Carrington Mortgage Services D 2910 37.9%7.25%
20 Mortgage Research Center C 2822 7.1%6.31%
21 AmeriSave Mortgage D 259 60.0%6.75%
22 Newrez D 258 4.0%6.75%
23 The Farmers & Merchants State Bank B 2521 12.0%7.38%
24 MidWest America Federal Credit Union C 2420 4.2%6.69%
25 Vanderbilt Mortgage and Finance F 230 65.2%

Best approval odds in DeKalb County

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

#LenderDecidedDecision denial rate
1Gvc Mortgage621.6%
2Ruoff Mortgage Company1398.6%
3Horizon Bank5014.0%
4The Garrett State Bank5514.6%
5Profed Credit Union10418.3%
6Three Rivers Federal Credit Union15819.0%
7Rocket Mortgage9221.7%

What DeKalb County borrowers applied for

By loan purpose

Home purchase 813 41% · 8.5% denied
Refinance 361 18% · 13.9% denied
Cash-out refinance 417 21% · 24.7% denied
Home improvement 153 8% · 19.6% denied
Other / HELOC 236 12% · 28.8% denied

By loan type

Conventional 1,513 76% · 17.2% denied
FHA 275 14% · 14.9% denied
VA 132 7% · 12.9% denied
USDA / RHS 60 3% · 3.3% denied

Why applications were denied

Credit history 99 32%
Debt-to-income ratio 83 27%
Collateral 58 19%
Incomplete application 41 13%
Other 16 5%
Unverifiable information 12 4%
Employment history 2 1%

DeKalb County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,6041,01419.7%7.25%$115,000
20241,8281,18018.3%7.13%$135,000
20251,9801,26216.2%6.75%$155,000

Frequently asked questions

16.2% of applications in DeKalb County were denied in 2025, against 16.6% statewide in Indiana.

Three Rivers Federal Credit Union, with 171 applications in 2025 and a denial rate of 17.5%.

The median mortgage application in DeKalb County in 2025 was for $155,000; the median property value on originated loans was $255,000.