Lawrence County, Indiana · 2025

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

155 lenders acted on 1,901 mortgage applications for properties in Lawrence County in 2025. 17.7% were denied (Indiana: 16.6%). Median rate on closed loans 6.88%; median loan $135,000; median property value $225,000.

1.9kApplications
17.7%Denial ratestate 16.6%
6.88%Median ratestate 6.75%
$135,000Median loan
$225,000Median property value

Largest lenders in Lawrence County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Hoosier Hills Credit Union C 272203 14.3%7.50%
2 CMG Mortgage A 161115 3.7%6.75%
3 Ruoff Mortgage Company A 11496 1.8%6.69%
4 Rocket Mortgage C 8859 17.1%6.75%
5 German American Bank A 7148 23.9%7.31%
6 Jackson County Bank B 6948 20.3%6.65%
7 Indiana University Credit Union C 6646 18.2%7.50%
8 Mortgage Research Center C 5827 15.5%6.25%
9 Freedom Mortgage B 4629 4.4%6.25%
10 Paramount Residential Mortgage Group B 4129 2.4%6.88%
11 Crane C 3929 20.5%6.88%
12 Fifth Third Bank D 3419 29.4%6.63%
13 21st Mortgage F 305 60.0%9.86%
14 Old National Bank B 2917 27.6%6.25%
15 AmeriSave Mortgage D 267 57.7%7.25%
16 Carrington Mortgage Services D 268 57.7%6.88%
17 United Shore Financial Services B 2619 11.5%6.12%
18 Loandepot.Com D 2615 30.8%6.81%
19 Regions Bank C 2510 40.0%4.99%
20 GoodLeap C 2511 36.0%6.00%
21 Newrez D 2510 12.0%6.25%
22 Broker Solutions D 2510 8.0%6.75%
23 Flanagan State Bank D 2414 20.8%6.50%
24 Pennymac Loan Services C 2312 8.7%6.06%
25 Navy Federal Credit Union D 2010 15.0%6.19%

Best approval odds in Lawrence County

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

#LenderDecidedDecision denial rate
1Ruoff Mortgage Company1061.9%
2CMG Mortgage1324.6%
3Hoosier Hills Credit Union24615.9%
4Rocket Mortgage7819.2%
5Indiana University Credit Union5920.3%
6Jackson County Bank6322.2%
7German American Bank6625.8%

What Lawrence County borrowers applied for

By loan purpose

Home purchase 761 40% · 9.9% denied
Refinance 298 16% · 17.5% denied
Cash-out refinance 492 26% · 23.2% denied
Home improvement 181 10% · 23.2% denied
Other / HELOC 169 9% · 32.0% denied

By loan type

Conventional 1,236 65% · 20.6% denied
FHA 361 19% · 15.0% denied
VA 215 11% · 11.2% denied
USDA / RHS 89 5% · 4.5% denied

Why applications were denied

Credit history 120 36%
Debt-to-income ratio 68 21%
Collateral 62 19%
Incomplete application 35 11%
Other 22 7%
Unverifiable information 10 3%
Employment history 8 2%
Insufficient cash 5 2%

Lawrence County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,6101,01319.2%6.88%$125,000
20241,6471,02618.2%6.99%$135,000
20251,9011,16217.7%6.88%$135,000

Frequently asked questions

17.7% of applications in Lawrence County were denied in 2025, against 16.6% statewide in Indiana.

Hoosier Hills Credit Union, with 272 applications in 2025 and a denial rate of 14.3%.

The median mortgage application in Lawrence County in 2025 was for $135,000; the median property value on originated loans was $225,000.