Largest lenders in Martin County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | German American Bank | A | 69 | 47 | 26.1% | 6.75% |
| 2 | Crane | C | 48 | 37 | 12.5% | 6.38% |
| 3 | United Shore Financial Services | B | 18 | 18 | 0.0% | 6.50% |
| 4 | Hoosier Hills Credit Union | C | 17 | 12 | 17.7% | 7.56% |
| 5 | Old National Bank | B | 16 | 9 | 31.3% | 6.38% |
| 6 | Rocket Mortgage | C | 14 | 12 | 0.0% | 7.75% |
| 7 | Liberty | B | 10 | 8 | 10.0% | 7.50% |
| 8 | Vanderbilt Mortgage and Finance | F | 10 | 0 | 40.0% | — |
| 9 | Navy Federal Credit Union | D | 9 | 4 | 11.1% | 7.83% |
| 10 | Broker Solutions | D | 8 | 5 | 0.0% | 7.25% |
| 11 | Fifth Third Bank | D | 7 | 2 | 71.4% | 7.43% |
| 12 | First Savings Bank | C | 6 | 4 | 0.0% | 7.19% |
| 13 | AmeriSave Mortgage | D | 5 | 1 | 80.0% | 11.25% |
Best approval odds in Martin County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | German American Bank | 66 | 27.3% |
What Martin County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Martin County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 256 | 156 | 23.8% | 7.13% | $105,000 |
| 2024 | 261 | 159 | 18.0% | 6.75% | $115,000 |
| 2025 | 348 | 217 | 18.4% | 6.75% | $120,000 |
Frequently asked questions
18.4% of applications in Martin County were denied in 2025, against 16.6% statewide in Indiana.
German American Bank, with 69 applications in 2025 and a denial rate of 26.1%.
The median mortgage application in Martin County in 2025 was for $120,000; the median property value on originated loans was $235,000.