Fountain County, Indiana · 2025

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

110 lenders acted on 610 mortgage applications for properties in Fountain County in 2025. 17.5% were denied (Indiana: 16.6%). Median rate on closed loans 6.75%; median loan $155,000; median property value $225,000.

610Applications
17.5%Denial ratestate 16.6%
6.75%Median ratestate 6.75%
$155,000Median loan
$225,000Median property value

Largest lenders in Fountain County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Wolfe Financial C 4024 0.0%7.06%
2 Rocket Mortgage C 3523 28.6%6.88%
3 The Fountain Trust C 3313 39.4%
4 Horizon Bank A 3023 20.0%6.13%
5 Old National Bank B 2514 24.0%6.50%
6 Mortgage Research Center C 2312 13.0%6.63%
7 First Financial Bank D 2216 22.7%6.44%
8 Freedom Mortgage B 187 5.6%6.25%
9 Industrial Federal Credit Union C 1817 5.6%
10 Purdue B 1710 23.5%6.81%
11 Carrington Mortgage Services D 157 20.0%6.63%
12 United Shore Financial Services B 1514 6.7%6.68%
13 Ruoff Mortgage Company A 1513 0.0%6.75%
14 Newrez D 134 23.1%6.49%
15 Pennymac Loan Services C 122 41.7%6.13%
16 Figure Lending C 126 0.0%10.40%
17 Fair Way Lending B 1111 0.0%7.00%
18 Everwise Credit Union C 106 10.0%7.38%
19 First Merchants Bank C 93 33.3%6.88%
20 Fairway Independent Mortgage B 98 11.1%7.00%
21 PNC Bank D 85 12.5%7.00%
22 AmeriSave Mortgage D 82 62.5%6.06%
23 Longview Bank A 88 0.0%
24 First Financial Bank C 86 12.5%7.00%
25 The Fisher National Bank A 87 0.0%

What Fountain County borrowers applied for

By loan purpose

Home purchase 249 41% · 8.0% denied
Refinance 97 16% · 17.5% denied
Cash-out refinance 134 22% · 29.1% denied
Home improvement 58 10% · 22.4% denied
Other / HELOC 72 12% · 25.0% denied

By loan type

Conventional 400 66% · 18.5% denied
FHA 139 23% · 16.6% denied
VA 60 10% · 16.7% denied
USDA / RHS 11 2% · 0.0% denied

Why applications were denied

Collateral 24 26%
Debt-to-income ratio 23 25%
Credit history 20 22%
Incomplete application 16 17%
Other 3 3%
Insufficient cash 3 3%
Unverifiable information 2 2%
Employment history 2 2%

Fountain County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202350528521.4%7.13%$115,000
202457532723.1%6.99%$135,000
202561036217.5%6.75%$155,000

Frequently asked questions

17.5% of applications in Fountain County were denied in 2025, against 16.6% statewide in Indiana.

Wolfe Financial, with 40 applications in 2025 and a denial rate of 0.0%.

The median mortgage application in Fountain County in 2025 was for $155,000; the median property value on originated loans was $225,000.