Floyd County, Indiana · 2025

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

250 lenders acted on 3,725 mortgage applications for properties in Floyd County in 2025. 13.3% were denied (Indiana: 16.6%). Median rate on closed loans 6.63%; median loan $185,000; median property value $305,000.

3.7kApplications
13.3%Denial ratestate 16.6%
6.63%Median ratestate 6.75%
$185,000Median loan
$305,000Median property value

Largest lenders in Floyd County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 230184 10.0%6.63%
2 United Shore Financial Services B 197173 3.1%6.50%
3 Centra Credit Union A 151117 7.3%5.75%
4 PNC Bank D 13784 21.9%7.37%
5 Freedom Mortgage B 13671 4.4%6.25%
6 Republic Bank & Trust B 12089 4.2%5.99%
7 First Harrison Bank B 11390 9.7%5.75%
8 German American Bank A 10975 19.3%6.81%
9 Fifth Third Bank D 9952 30.3%7.87%
10 Stock Yards Bank & Trust B 9974 15.2%6.50%
11 First Financial Bank D 7045 22.9%6.38%
12 JPMorgan Chase Bank B 6649 4.6%6.63%
13 Vanderbilt Mortgage and Finance F 6026 31.7%5.81%
14 Pennymac Loan Services C 5634 8.9%6.50%
15 Northpointe Bank C 5636 7.1%6.88%
16 First Savings Bank C 5440 7.4%7.06%
17 Magnolia Bank C 5240 5.8%6.50%
18 Newrez D 5225 9.6%6.49%
19 Mortgage Research Center C 5227 15.4%6.25%
20 WesBanco Bank B 5036 14.0%3.99%
21 Kind Lending C 5035 28.0%6.50%
22 U.S. Bank D 4821 31.3%8.35%
23 L & N Federal Credit Union A 4736 6.4%7.00%
24 Nationstar Mortgage C 4631 10.9%8.63%
25 Broker Solutions D 4629 2.2%7.00%

Best approval odds in Floyd County

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

#LenderDecidedDecision denial rate
1United Shore Financial Services1833.3%
2Republic Bank & Trust955.3%
3JPMorgan Chase Bank545.6%
4Freedom Mortgage876.9%
5Centra Credit Union1318.4%
6Rocket Mortgage21210.9%
7First Harrison Bank10110.9%
8Stock Yards Bank & Trust8916.9%
9German American Bank10021.0%
10PNC Bank11725.6%

What Floyd County borrowers applied for

By loan purpose

Home purchase 1,612 43% · 7.6% denied
Refinance 553 15% · 12.1% denied
Cash-out refinance 657 18% · 16.6% denied
Home improvement 393 11% · 21.9% denied
Other / HELOC 510 14% · 21.4% denied

By loan type

Conventional 2,787 75% · 13.4% denied
FHA 575 15% · 14.1% denied
VA 344 9% · 10.8% denied
USDA / RHS 19 1% · 15.8% denied

Why applications were denied

Credit history 164 33%
Debt-to-income ratio 103 21%
Collateral 68 14%
Incomplete application 63 13%
Other 40 8%
Unverifiable information 30 6%
Employment history 12 2%
Insufficient cash 10 2%

Floyd County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20233,1722,11015.0%6.95%$155,000
20243,4062,29014.3%6.88%$175,000
20253,7252,45613.3%6.63%$185,000

Frequently asked questions

13.3% of applications in Floyd County were denied in 2025, against 16.6% statewide in Indiana.

Rocket Mortgage, with 230 applications in 2025 and a denial rate of 10.0%.

The median mortgage application in Floyd County in 2025 was for $185,000; the median property value on originated loans was $305,000.