Jackson County, Indiana · 2025

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

142 lenders acted on 1,499 mortgage applications for properties in Jackson County in 2025. 15.5% were denied (Indiana: 16.6%). Median rate on closed loans 6.63%; median loan $145,000; median property value $245,000.

1.5kApplications
15.5%Denial ratestate 16.6%
6.63%Median ratestate 6.75%
$145,000Median loan
$245,000Median property value

Largest lenders in Jackson County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Centra Credit Union A 247192 6.9%6.25%
2 Jackson County Bank B 177140 10.7%6.49%
3 Wolfe Financial C 6554 0.0%6.69%
4 Gvc Mortgage B 6354 0.0%6.69%
5 Rocket Mortgage C 5942 15.3%6.56%
6 First Financial Bank D 5438 22.2%6.38%
7 German American Bank A 4028 25.0%7.17%
8 PNC Bank D 3922 28.2%7.66%
9 United Shore Financial Services B 3726 13.5%6.06%
10 Ruoff Mortgage Company A 3225 6.3%6.63%
11 Mortgage Research Center C 3012 33.3%6.12%
12 Pennymac Loan Services C 2810 28.6%6.12%
13 Freedom Mortgage B 2815 10.7%6.38%
14 21st Mortgage F 271 55.6%10.07%
15 Kiavi Funding D 270 0.0%
16 Old National Bank B 2616 23.1%5.99%
17 Fifth Third Bank D 259 32.0%8.25%
18 Loandepot.Com D 2317 26.1%6.75%
19 Direct Mortgage Loans B 2218 0.0%7.00%
20 Beacon Credit Union C 2110 19.1%7.50%
21 CMG Mortgage A 1916 0.0%7.13%
22 AmeriSave Mortgage D 184 72.2%8.38%
23 Fairway Independent Mortgage B 1814 0.0%6.75%
24 Crosscountry Mortgage B 165 0.0%6.69%
25 Carrington Mortgage Services D 163 31.3%6.13%

Best approval odds in Jackson County

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

#LenderDecidedDecision denial rate
1Gvc Mortgage540.0%
2Wolfe Financial540.0%
3Centra Credit Union2118.1%
4Jackson County Bank16211.7%
5Rocket Mortgage5416.7%
6First Financial Bank5024.0%

What Jackson County borrowers applied for

By loan purpose

Home purchase 550 37% · 7.5% denied
Refinance 235 16% · 9.8% denied
Cash-out refinance 315 21% · 28.3% denied
Home improvement 149 10% · 23.5% denied
Other / HELOC 250 17% · 18.0% denied

By loan type

Conventional 1,062 71% · 15.9% denied
FHA 273 18% · 16.9% denied
VA 115 8% · 15.7% denied
USDA / RHS 49 3% · 0.0% denied

Why applications were denied

Credit history 83 36%
Debt-to-income ratio 53 23%
Collateral 40 17%
Incomplete application 30 13%
Other 11 5%
Unverifiable information 9 4%
Insufficient cash 6 3%
Employment history 1 0%

Jackson County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,28383717.5%6.75%$125,000
20241,44096617.0%6.88%$145,000
20251,49995615.5%6.63%$145,000

Frequently asked questions

15.5% of applications in Jackson County were denied in 2025, against 16.6% statewide in Indiana.

Centra Credit Union, with 247 applications in 2025 and a denial rate of 6.9%.

The median mortgage application in Jackson County in 2025 was for $145,000; the median property value on originated loans was $245,000.