Jefferson County, Indiana · 2025

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

140 lenders acted on 1,405 mortgage applications for properties in Jefferson County in 2025. 18.8% were denied (Indiana: 16.6%). Median rate on closed loans 6.63%; median loan $125,000; median property value $245,000.

1.4kApplications
18.8%Denial ratestate 16.6%
6.63%Median ratestate 6.75%
$125,000Median loan
$245,000Median property value

Largest lenders in Jefferson County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 German American Bank A 173123 16.8%6.88%
2 First Financial Bank D 161106 27.3%5.99%
3 Centra Credit Union A 11481 5.3%6.49%
4 Zippy Loans D 8324 39.8%8.00%
5 Rocket Mortgage C 4836 20.8%7.19%
6 Ruoff Mortgage Company A 4641 4.4%6.63%
7 CMG Mortgage A 4626 10.9%6.99%
8 Geneva Financial C 3828 2.6%6.56%
9 United Shore Financial Services B 3630 2.8%6.13%
10 The Friendship State Bank C 3419 23.5%7.00%
11 The Farmers Bank of Milton C 3128 3.2%
12 Freedom Mortgage B 2910 13.8%6.75%
13 Mortgage Research Center C 2817 14.3%5.99%
14 Fair Way Lending B 2825 0.0%6.63%
15 Pennymac Loan Services C 2512 12.0%5.99%
16 American Pacific Mortgage C 2219 4.6%6.99%
17 AmeriSave Mortgage D 199 42.1%6.50%
18 U.S. Bank D 185 44.4%6.49%
19 Newrez D 173 35.3%5.88%
20 Loandepot.Com D 1710 41.2%8.63%
21 Coastal Community Bank C 174 0.0%9.12%
22 Fifth Third Bank D 138 15.4%8.00%
23 Kind Lending C 127 33.3%6.63%
24 Broker Solutions D 122 8.3%5.75%
25 Figure Lending C 125 41.7%9.45%

Best approval odds in Jefferson County

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

#LenderDecidedDecision denial rate
1Centra Credit Union876.9%
2German American Bank15718.5%
3First Financial Bank15129.1%
4Zippy Loans5955.9%

What Jefferson County borrowers applied for

By loan purpose

Home purchase 578 41% · 13.7% denied
Refinance 206 15% · 13.6% denied
Cash-out refinance 262 19% · 23.7% denied
Home improvement 166 12% · 25.3% denied
Other / HELOC 193 14% · 27.5% denied

By loan type

Conventional 1,067 76% · 20.2% denied
FHA 218 16% · 16.5% denied
VA 86 6% · 10.5% denied
USDA / RHS 34 2% · 11.8% denied

Why applications were denied

Debt-to-income ratio 81 31%
Credit history 70 27%
Incomplete application 37 14%
Collateral 31 12%
Other 19 7%
Employment history 10 4%
Unverifiable information 8 3%
Insufficient cash 6 2%

Jefferson County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,19973720.4%6.99%$125,000
20241,27679920.7%6.99%$115,000
20251,40586518.8%6.63%$125,000

Frequently asked questions

18.8% of applications in Jefferson County were denied in 2025, against 16.6% statewide in Indiana.

German American Bank, with 173 applications in 2025 and a denial rate of 16.8%.

The median mortgage application in Jefferson County in 2025 was for $125,000; the median property value on originated loans was $245,000.