Newton County, Indiana · 2025

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

115 lenders acted on 587 mortgage applications for properties in Newton County in 2025. 19.1% were denied (Indiana: 16.6%). Median rate on closed loans 6.75%; median loan $145,000; median property value $245,000.

587Applications
19.1%Denial ratestate 16.6%
6.75%Median ratestate 6.75%
$145,000Median loan
$245,000Median property value

Largest lenders in Newton County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 5137 11.8%6.88%
2 Community State Bank 3838 0.0%
3 American Financial Network C 3429 2.9%6.88%
4 TECH Credit Union D 2423 4.2%7.24%
5 DeMotte State Bank B 2412 41.7%
6 First Merchants Bank C 219 42.9%6.63%
7 Fifth Third Bank D 207 65.0%9.75%
8 First Financial Bank D 177 35.3%6.63%
9 Centier Bank C 1613 12.5%8.75%
10 AmeriSave Mortgage D 143 64.3%8.88%
11 JPMorgan Chase Bank B 137 15.4%6.88%
12 Guaranteed Rate B 135 0.0%6.55%
13 Pennymac Loan Services C 123 16.7%6.63%
14 Crosscountry Mortgage B 128 0.0%6.38%
15 Broker Solutions D 123 16.7%6.63%
16 Newrez D 112 18.2%6.87%
17 United Shore Financial Services B 108 10.0%6.12%
18 Ruoff Mortgage Company A 97 0.0%6.88%
19 Loandepot.Com D 88 0.0%7.25%
20 Gvc Mortgage B 86 25.0%6.56%
21 American Financing D 73 28.6%6.75%
22 Horizon Bank A 64 33.3%6.00%
23 Diamond Residential Mortgage B 64 16.7%7.00%
24 Spring Eq D 61 83.3%7.08%
25 Fairway Independent Mortgage B 66 0.0%6.69%

What Newton County borrowers applied for

By loan purpose

Home purchase 234 40% · 8.1% denied
Refinance 92 16% · 16.3% denied
Cash-out refinance 115 20% · 23.5% denied
Home improvement 78 13% · 39.7% denied
Other / HELOC 68 12% · 29.4% denied

By loan type

Conventional 442 75% · 19.9% denied
FHA 107 18% · 17.8% denied
VA 26 4% · 15.4% denied
USDA / RHS 12 2% · 8.3% denied

Why applications were denied

Collateral 29 28%
Credit history 29 28%
Debt-to-income ratio 16 16%
Incomplete application 15 15%
Other 5 5%
Unverifiable information 5 5%
Insufficient cash 2 2%
Employment history 1 1%

Newton County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202347532212.6%6.99%$115,000
202450934816.3%6.99%$135,000
202558737019.1%6.75%$145,000

Frequently asked questions

19.1% of applications in Newton County were denied in 2025, against 16.6% statewide in Indiana.

Rocket Mortgage, with 51 applications in 2025 and a denial rate of 11.8%.

The median mortgage application in Newton County in 2025 was for $145,000; the median property value on originated loans was $245,000.