LaGrange County, Indiana · 2025

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

124 lenders acted on 1,407 mortgage applications for properties in LaGrange County in 2025. 15.6% were denied (Indiana: 16.6%). Median rate on closed loans 7.19%; median loan $155,000; median property value $405,000.

1.4kApplications
15.6%Denial ratestate 16.6%
7.19%Median ratestate 6.75%
$155,000Median loan
$405,000Median property value

Largest lenders in LaGrange County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Farmers State Bank A 317278 7.9%7.50%
2 Interra Credit Union C 204128 17.7%7.31%
3 Lake City Bank B 10278 11.8%7.75%
4 Rocket Mortgage C 6241 25.8%6.99%
5 Farm Credit Mid-America D 5442 3.7%6.63%
6 Ruoff Mortgage Company A 5137 5.9%6.75%
7 Horizon Bank A 4431 27.3%6.00%
8 The Campbell & Fetter Bank B 3528 11.4%7.75%
9 Three Rivers Federal Credit Union C 2417 20.8%7.13%
10 Prosperity Home Mortgage A 1914 10.5%6.63%
11 MidWest America Federal Credit Union C 1914 10.5%6.49%
12 Freedom Mortgage B 177 17.7%6.25%
13 Fifth Third Bank D 169 25.0%7.75%
14 First State Bank of Middlebury B 1510 6.7%
15 21st Mortgage F 154 33.3%12.14%
16 Sturgis Bank & Trust A 1511 6.7%7.13%
17 Cardinal Financial Company, Limited Partnership B 1413 7.1%7.50%
18 Newrez D 145 0.0%7.25%
19 Profed Credit Union C 1411 7.1%7.50%
20 Coastal Community Bank C 143 0.0%8.24%
21 Discover Bank F 122 58.3%9.58%
22 Flagstar Bank C 124 16.7%8.00%
23 Gvc Mortgage B 1210 0.0%6.99%
24 Everett Financial C 116 18.2%6.75%
25 Union Home Mortgage B 1111 0.0%6.50%

Best approval odds in LaGrange County

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

#LenderDecidedDecision denial rate
1Farmers State Bank3108.1%
2Lake City Bank9912.1%
3Interra Credit Union16621.7%
4Rocket Mortgage5827.6%

What LaGrange County borrowers applied for

By loan purpose

Home purchase 521 37% · 10.4% denied
Refinance 301 21% · 15.3% denied
Cash-out refinance 203 14% · 21.7% denied
Home improvement 164 12% · 21.3% denied
Other / HELOC 218 15% · 18.8% denied

By loan type

Conventional 1,259 89% · 14.8% denied
FHA 122 9% · 26.2% denied
VA 22 2% · 9.1% denied
USDA / RHS 4 0% · 0.0% denied

Why applications were denied

Credit history 61 29%
Debt-to-income ratio 55 26%
Collateral 50 23%
Incomplete application 21 10%
Other 16 7%
Unverifiable information 6 3%
Insufficient cash 4 2%
Employment history 1 0%

LaGrange County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,25889316.5%7.74%$105,000
20241,29991714.8%7.69%$145,000
20251,40796515.6%7.19%$155,000

Frequently asked questions

15.6% of applications in LaGrange County were denied in 2025, against 16.6% statewide in Indiana.

Farmers State Bank, with 317 applications in 2025 and a denial rate of 7.9%.

The median mortgage application in LaGrange County in 2025 was for $155,000; the median property value on originated loans was $405,000.