Johnson County, Indiana · 2025

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

326 lenders acted on 9,124 mortgage applications for properties in Johnson County in 2025. 16.2% were denied (Indiana: 16.6%). Median rate on closed loans 6.63%; median loan $215,000; median property value $335,000.

9.1kApplications
16.2%Denial ratestate 16.6%
6.63%Median ratestate 6.75%
$215,000Median loan
$335,000Median property value

Largest lenders in Johnson County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Lennar Mortgage A 482281 21.8%4.99%
2 Rocket Mortgage C 368276 17.4%6.88%
3 Fifth Third Bank D 358204 24.9%7.50%
4 Indiana Members Credit Union B 318213 12.0%6.75%
5 Gvc Mortgage B 299240 1.0%6.63%
6 United Shore Financial Services B 287211 11.9%6.13%
7 The Huntington National Bank D 261154 25.7%7.89%
8 Vanderbilt Mortgage and Finance F 255203 3.1%5.75%
9 Freedom Mortgage B 219117 8.7%6.25%
10 Newrez D 214100 17.8%6.63%
11 Zippy Loans D 20254 39.6%8.00%
12 Fairway Independent Mortgage B 199155 7.5%6.75%
13 Crosscountry Mortgage B 178116 7.9%6.79%
14 Forum C 178119 12.4%7.50%
15 Horizon Bank A 171117 23.4%6.00%
16 First Financial Bank D 164107 25.6%5.99%
17 Mortgage Research Center C 15974 22.0%6.25%
18 Dhi Mortgage Company B 15393 19.6%4.99%
19 Union Savings Bank A 150124 2.0%6.75%
20 Ruoff Mortgage Company A 142111 4.2%6.75%
21 PNC Bank D 14076 27.1%7.80%
22 First Merchants Bank C 12866 34.4%6.75%
23 Centra Credit Union A 12687 8.7%5.63%
24 NVR Mortgage Finance B 12489 19.4%6.25%
25 JPMorgan Chase Bank B 11073 7.3%6.63%

Best approval odds in Johnson County

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

What Johnson County borrowers applied for

By loan purpose

Home purchase 4,336 48% · 11.8% denied
Refinance 1,361 15% · 13.1% denied
Cash-out refinance 1,638 18% · 20.2% denied
Home improvement 787 9% · 24.7% denied
Other / HELOC 1,002 11% · 26.8% denied

By loan type

Conventional 6,803 75% · 16.9% denied
FHA 1,504 16% · 16.4% denied
VA 798 9% · 10.7% denied
USDA / RHS 19 0% · 15.8% denied

Why applications were denied

Debt-to-income ratio 542 37%
Credit history 410 28%
Collateral 168 11%
Incomplete application 138 9%
Other 119 8%
Employment history 44 3%
Unverifiable information 39 3%
Insufficient cash 22 1%

Johnson County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20237,2834,47119.0%6.99%$175,000
20248,3315,12318.9%6.75%$205,000
20259,1245,64816.2%6.63%$215,000

Frequently asked questions

16.2% of applications in Johnson County were denied in 2025, against 16.6% statewide in Indiana.

Lennar Mortgage, with 482 applications in 2025 and a denial rate of 21.8%.

The median mortgage application in Johnson County in 2025 was for $215,000; the median property value on originated loans was $335,000.