Jasper County, Indiana · 2025

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

156 lenders acted on 1,419 mortgage applications for properties in Jasper County in 2025. 15.8% were denied (Indiana: 16.6%). Median rate on closed loans 6.88%; median loan $155,000; median property value $285,000.

1.4kApplications
15.8%Denial ratestate 16.6%
6.88%Median ratestate 6.75%
$155,000Median loan
$285,000Median property value

Largest lenders in Jasper County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 First Merchants Bank C 12675 18.3%7.00%
2 American Financial Network C 11683 0.0%6.88%
3 Rocket Mortgage C 9370 17.2%6.81%
4 Fifth Third Bank D 7542 28.0%8.22%
5 Zippy Loans D 5318 30.2%8.00%
6 DeMotte State Bank B 5246 5.8%
7 Centier Bank C 3629 16.7%8.25%
8 TECH Credit Union D 3027 0.0%7.13%
9 United Shore Financial Services B 2815 17.9%6.13%
10 Triad Financial Services D 273 70.4%10.93%
11 Freedom Mortgage B 2510 4.0%6.31%
12 Fairway Independent Mortgage B 2217 9.1%6.63%
13 American Pacific Mortgage C 2216 4.6%6.50%
14 Community State Bank 2222 0.0%
15 Pennymac Loan Services C 2010 15.0%6.06%
16 Newrez D 207 25.0%7.25%
17 Loandepot.Com D 2016 15.0%7.44%
18 Diamond Residential Mortgage B 1917 5.3%6.75%
19 Spring Eq D 186 33.3%10.18%
20 Mortgage Research Center C 186 44.4%6.25%
21 AmeriSave Mortgage D 173 41.2%9.63%
22 Crosscountry Mortgage B 168 0.0%6.85%
23 Guaranteed Rate B 167 0.0%6.53%
24 Nationstar Mortgage C 1614 12.5%8.56%
25 Gvc Mortgage B 1613 6.3%6.63%

Best approval odds in Jasper County

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

#LenderDecidedDecision denial rate
1American Financial Network830.0%
2DeMotte State Bank515.9%
3Rocket Mortgage8918.0%
4First Merchants Bank10023.0%
5Fifth Third Bank6333.3%

What Jasper County borrowers applied for

By loan purpose

Home purchase 599 42% · 11.7% denied
Refinance 243 17% · 9.9% denied
Cash-out refinance 248 17% · 19.8% denied
Home improvement 138 10% · 26.8% denied
Other / HELOC 191 13% · 23.0% denied

By loan type

Conventional 1,105 78% · 16.8% denied
FHA 213 15% · 14.1% denied
VA 78 5% · 10.3% denied
USDA / RHS 23 2% · 0.0% denied

Why applications were denied

Debt-to-income ratio 66 30%
Credit history 64 29%
Collateral 36 16%
Incomplete application 26 12%
Other 16 7%
Unverifiable information 6 3%
Employment history 4 2%
Insufficient cash 3 1%

Jasper County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,13669918.6%7.13%$115,000
20241,19477517.4%7.00%$145,000
20251,41985215.8%6.88%$155,000

Frequently asked questions

15.8% of applications in Jasper County were denied in 2025, against 16.6% statewide in Indiana.

First Merchants Bank, with 126 applications in 2025 and a denial rate of 18.3%.

The median mortgage application in Jasper County in 2025 was for $155,000; the median property value on originated loans was $285,000.