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Hamilton County, Indiana · 2025

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

458 lenders acted on 19,001 mortgage applications for properties in Hamilton County in 2025. 11.7% were denied (Indiana: 16.6%). Median rate on closed loans 6.63%; median loan $285,000; median property value $475,000.

19kApplications
11.7%Denial ratestate 16.6%
6.63%Median ratestate 6.75%
$285,000Median loan
$475,000Median property value

Largest lenders in Hamilton County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 844653 13.2%6.63%
2 The Huntington National Bank D 794516 23.2%7.99%
3 United Shore Financial Services B 690540 8.4%6.50%
4 Indiana Members Credit Union B 616437 12.7%5.88%
5 Lennar Mortgage A 603469 5.6%5.25%
6 Fifth Third Bank D 592346 21.5%7.62%
7 Fairway Independent Mortgage B 520414 5.4%6.49%
8 Forum C 483354 7.9%7.50%
9 JPMorgan Chase Bank B 439293 7.7%6.50%
10 Elements Financial Federal Credit Union B 408308 9.8%6.13%
11 Newrez D 392153 15.1%6.63%
12 Pulte Mortgage A 378272 9.0%5.50%
13 PNC Bank D 377262 15.4%7.83%
14 Crosscountry Mortgage B 374262 1.9%6.63%
15 Union Savings Bank A 320277 1.3%6.75%
16 Ruoff Mortgage Company A 312245 2.6%6.63%
17 Mjw Financial A 310235 0.7%6.50%
18 Gvc Mortgage B 306257 1.3%6.63%
19 BMO Bank F 302183 19.9%8.30%
20 Vanderbilt Mortgage and Finance F 298238 1.3%6.13%
21 First Merchants Bank C 266185 15.8%6.75%
22 Guaranteed Rate B 251139 4.4%6.58%
23 Freedom Mortgage B 245124 5.7%6.25%
24 Union Home Mortgage B 241207 0.8%6.75%
25 Old National Bank B 235152 18.3%5.99%

Best approval odds in Hamilton County

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

#LenderDecidedDecision denial rate
1American Neighborhood Mortgage Acceptance Company790.0%
2Mjw Financial2370.8%
3Union Home Mortgage2091.0%
4Howard Hanna Financial Services891.1%
5Flat Branch Mortgage801.3%
6Union Savings Bank2861.4%
7Gvc Mortgage2641.5%
8Vanderbilt Mortgage and Finance2431.7%
9First Equity Mortgage581.7%
10The National Bank of Indianapolis1702.4%

What Hamilton County borrowers applied for

By loan purpose

Home purchase 8,536 45% · 4.6% denied
Refinance 3,252 17% · 12.0% denied
Cash-out refinance 2,931 15% · 17.3% denied
Home improvement 1,982 10% · 19.9% denied
Other / HELOC 2,300 12% · 23.4% denied

By loan type

Conventional 16,631 88% · 11.6% denied
FHA 1,495 8% · 13.5% denied
VA 868 5% · 9.9% denied
USDA / RHS 7 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 839 38%
Credit history 446 20%
Incomplete application 365 17%
Collateral 253 11%
Other 159 7%
Unverifiable information 73 3%
Insufficient cash 41 2%
Employment history 30 1%

Hamilton County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202315,84510,46613.5%6.88%$255,000
202417,31311,49113.5%6.88%$265,000
202519,00112,81511.7%6.63%$285,000

Frequently asked questions

11.7% of applications in Hamilton County were denied in 2025, against 16.6% statewide in Indiana.

Rocket Mortgage, with 844 applications in 2025 and a denial rate of 13.2%.

The median mortgage application in Hamilton County in 2025 was for $285,000; the median property value on originated loans was $475,000.