Owen County, Indiana · 2025

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

138 lenders acted on 896 mortgage applications for properties in Owen County in 2025. 19.8% were denied (Indiana: 16.6%). Median rate on closed loans 6.75%; median loan $155,000; median property value $265,000.

896Applications
19.8%Denial ratestate 16.6%
6.75%Median ratestate 6.75%
$155,000Median loan
$265,000Median property value

Largest lenders in Owen County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Owen County State Bank C 7139 22.5%
2 Ruoff Mortgage Company A 6036 10.0%6.75%
3 Rocket Mortgage C 4934 22.5%6.63%
4 Indiana University Credit Union C 4325 18.6%6.90%
5 Mortgage Research Center C 3019 16.7%6.25%
6 Crane C 2816 25.0%6.91%
7 United Shore Financial Services B 2415 8.3%6.00%
8 Freedom Mortgage B 228 0.0%6.25%
9 The Peoples State Bank B 2017 5.0%
10 Loandepot.Com D 1911 15.8%6.99%
11 Pennymac Loan Services C 1812 11.1%6.00%
12 AmeriSave Mortgage D 174 58.8%6.93%
13 First Financial Bank C 178 41.2%6.25%
14 First National Bank 1712 5.9%
15 Old National Bank B 169 31.3%5.85%
16 Gvc Mortgage B 1412 0.0%6.81%
17 German American Bank A 148 35.7%6.92%
18 Fifth Third Bank D 136 53.9%10.63%
19 Fairway Independent Mortgage B 1312 7.7%6.88%
20 CMG Mortgage A 136 15.4%7.38%
21 Regions Bank C 114 63.6%6.69%
22 Baxter Credit Union B 119 9.1%8.38%
23 Farmers and Mechanics Federal Savings Bank C 105 20.0%
24 Nationstar Mortgage C 107 30.0%8.63%
25 Newrez D 105 20.0%6.50%

Best approval odds in Owen County

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

#LenderDecidedDecision denial rate
1Ruoff Mortgage Company5111.8%
2Owen County State Bank7122.5%

What Owen County borrowers applied for

By loan purpose

Home purchase 364 41% · 12.9% denied
Refinance 132 15% · 15.9% denied
Cash-out refinance 227 25% · 25.1% denied
Home improvement 76 8% · 32.9% denied
Other / HELOC 97 11% · 27.8% denied

By loan type

Conventional 636 71% · 21.1% denied
FHA 150 17% · 18.7% denied
VA 99 11% · 13.1% denied
USDA / RHS 11 1% · 18.2% denied

Why applications were denied

Credit history 58 36%
Collateral 42 26%
Debt-to-income ratio 25 16%
Other 18 11%
Incomplete application 13 8%
Insufficient cash 2 1%
Employment history 2 1%
Unverifiable information 1 1%

Owen County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202378747019.3%6.99%$145,000
202479449017.3%6.88%$155,000
202589651119.8%6.75%$155,000

Frequently asked questions

19.8% of applications in Owen County were denied in 2025, against 16.6% statewide in Indiana.

Owen County State Bank, with 71 applications in 2025 and a denial rate of 22.5%.

The median mortgage application in Owen County in 2025 was for $155,000; the median property value on originated loans was $265,000.