Find a better mortgage lender

Marshall County, Indiana · 2025

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

173 lenders acted on 1,753 mortgage applications for properties in Marshall County in 2025. 17.1% were denied (Indiana: 16.6%). Median rate on closed loans 7.25%; median loan $135,000; median property value $275,000.

1.8kApplications
17.1%Denial ratestate 16.6%
7.25%Median ratestate 6.75%
$135,000Median loan
$275,000Median property value

Largest lenders in Marshall County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 First Federal Savings Bank A 203175 0.5%7.13%
2 Lake City Bank B 176136 11.4%7.75%
3 1st Source Bank B 165101 20.6%7.50%
4 Everwise Credit Union C 11982 17.7%7.50%
5 Ruoff Mortgage Company A 9571 8.4%6.88%
6 Rocket Mortgage C 6945 24.6%6.75%
7 Interra Credit Union C 6239 22.6%7.50%
8 21st Mortgage F 5211 65.4%9.43%
9 Centier Bank C 3624 13.9%9.25%
10 Crosscountry Mortgage B 3324 3.0%6.58%
11 United Shore Financial Services B 3219 28.1%6.54%
12 Freedom Mortgage B 297 13.8%6.25%
13 Cardinal Financial Company, Limited Partnership B 2828 0.0%6.99%
14 Mortgage Research Center C 2713 25.9%6.25%
15 Union Home Mortgage B 2413 16.7%6.63%
16 First Merchants Bank C 2213 31.8%6.46%
17 Carrington Mortgage Services D 206 45.0%6.63%
18 Beacon Credit Union C 2015 15.0%7.50%
19 Fifth Third Bank D 197 42.1%9.19%
20 Loandepot.Com D 1811 27.8%6.99%
21 Coastal Community Bank C 177 5.9%9.49%
22 Notre Dame Federal Credit Union B 1710 23.5%6.75%
23 PNC Bank D 159 20.0%7.46%
24 AmeriSave Mortgage D 156 53.3%8.38%
25 Figure Lending C 158 20.0%12.13%

Best approval odds in Marshall County

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

#LenderDecidedDecision denial rate
1First Federal Savings Bank1780.6%
2Ruoff Mortgage Company889.1%
3Lake City Bank16512.1%
4Everwise Credit Union10420.2%
51st Source Bank14723.1%
6Rocket Mortgage6526.2%
7Interra Credit Union5326.4%

What Marshall County borrowers applied for

By loan purpose

Home purchase 654 37% · 12.1% denied
Refinance 277 16% · 12.6% denied
Cash-out refinance 328 19% · 22.9% denied
Home improvement 210 12% · 17.6% denied
Other / HELOC 284 16% · 26.1% denied

By loan type

Conventional 1,444 82% · 16.7% denied
FHA 223 13% · 22.0% denied
VA 69 4% · 14.5% denied
USDA / RHS 17 1% · 0.0% denied

Why applications were denied

Credit history 102 34%
Debt-to-income ratio 91 30%
Collateral 40 13%
Incomplete application 30 10%
Other 20 7%
Insufficient cash 10 3%
Unverifiable information 7 2%

Marshall County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,50799018.5%7.50%$115,000
20241,5361,04716.1%7.50%$125,000
20251,7531,13117.1%7.25%$135,000

Frequently asked questions

17.1% of applications in Marshall County were denied in 2025, against 16.6% statewide in Indiana.

First Federal Savings Bank, with 203 applications in 2025 and a denial rate of 0.5%.

The median mortgage application in Marshall County in 2025 was for $135,000; the median property value on originated loans was $275,000.