Knox County, Indiana · 2025

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

115 lenders acted on 1,090 mortgage applications for properties in Knox County in 2025. 18.7% were denied (Indiana: 16.6%). Median rate on closed loans 6.75%; median loan $95,000; median property value $175,000.

1.1kApplications
18.7%Denial ratestate 16.6%
6.75%Median ratestate 6.75%
$95,000Median loan
$175,000Median property value

Largest lenders in Knox County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Liberty B 141115 9.9%7.00%
2 German American Bank A 12589 22.4%6.82%
3 Regions Bank C 10158 29.7%6.06%
4 Rocket Mortgage C 6743 25.4%6.75%
5 Old National Bank B 5834 29.3%6.34%
6 First Financial Bank C 4929 26.5%6.75%
7 Ruoff Mortgage Company A 3425 5.9%6.88%
8 Fifth Third Bank D 3016 33.3%7.75%
9 United Shore Financial Services B 2720 7.4%6.44%
10 Broker Solutions D 249 8.3%6.99%
11 Mortgage Research Center C 2214 4.6%6.38%
12 AmeriSave Mortgage D 194 79.0%8.69%
13 Crane C 1917 5.3%6.50%
14 American Financial Resources B 1812 0.0%6.44%
15 Freedom Mortgage B 177 5.9%6.38%
16 Plaza Home Mortgage C 1614 6.3%6.50%
17 Newrez D 163 31.3%6.17%
18 Pennymac Loan Services C 148 14.3%6.50%
19 Equity Prime Mortgage D 1412 0.0%6.25%
20 Vanderbilt Mortgage and Finance F 133 30.8%8.25%
21 Paramount Residential Mortgage Group B 1210 8.3%6.38%
22 Mortgage Masters of Indiana B 119 9.1%6.75%
23 Crosscountry Mortgage B 105 0.0%6.58%
24 Zippy Loans D 94 0.0%10.98%
25 Loandepot.Com D 95 22.2%6.99%

Best approval odds in Knox County

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

#LenderDecidedDecision denial rate
1Liberty12910.9%
2German American Bank11823.7%
3Rocket Mortgage6526.2%
4Regions Bank9332.3%
5Old National Bank5232.7%

What Knox County borrowers applied for

By loan purpose

Home purchase 435 40% · 9.0% denied
Refinance 174 16% · 16.7% denied
Cash-out refinance 220 20% · 20.5% denied
Home improvement 134 12% · 35.1% denied
Other / HELOC 127 12% · 34.7% denied

By loan type

Conventional 768 70% · 20.1% denied
FHA 214 20% · 17.3% denied
VA 69 6% · 14.5% denied
USDA / RHS 39 4% · 7.7% denied

Why applications were denied

Credit history 80 40%
Debt-to-income ratio 42 21%
Collateral 39 20%
Incomplete application 21 11%
Unverifiable information 7 4%
Other 6 3%
Employment history 4 2%
Insufficient cash 1 1%

Knox County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202394756222.2%7.25%$85,000
202496058620.4%6.99%$95,000
20251,09067318.7%6.75%$95,000

Frequently asked questions

18.7% of applications in Knox County were denied in 2025, against 16.6% statewide in Indiana.

Liberty, with 141 applications in 2025 and a denial rate of 9.9%.

The median mortgage application in Knox County in 2025 was for $95,000; the median property value on originated loans was $175,000.