Parke County, Indiana · 2025

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

111 lenders acted on 597 mortgage applications for properties in Parke County in 2025. 21.8% were denied (Indiana: 16.6%). Median rate on closed loans 6.98%; median loan $115,000; median property value $235,000.

597Applications
21.8%Denial ratestate 16.6%
6.98%Median ratestate 6.75%
$115,000Median loan
$235,000Median property value

Largest lenders in Parke County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 First Financial Bank C 8158 21.0%6.75%
2 Fifth Third Bank D 6641 33.3%8.00%
3 Rocket Mortgage C 5441 14.8%6.99%
4 Ruoff Mortgage Company A 3026 6.7%6.88%
5 Old National Bank B 2416 20.8%6.11%
6 Mortgage Research Center C 1710 11.8%6.37%
7 First Mid Bank & Trust C 1511 20.0%7.75%
8 The Riddell National Bank B 1413 7.1%7.50%
9 Freedom Mortgage B 1310 0.0%6.31%
10 Carrington Mortgage Services D 123 66.7%6.13%
11 The Fountain Trust C 126 33.3%
12 Wolfe Financial C 128 0.0%6.94%
13 Broker Solutions D 107 10.0%7.00%
14 Loandepot.Com D 104 40.0%6.43%
15 Fairway Independent Mortgage B 93 22.2%7.25%
16 AmeriSave Mortgage D 82 75.0%7.50%
17 Newrez D 83 37.5%5.63%
18 Crane C 74 42.9%6.94%
19 Gvc Mortgage B 76 0.0%6.88%
20 21st Mortgage F 61 83.3%8.86%
21 Pennymac Loan Services C 52 20.0%6.31%
22 JPMorgan Chase Bank B 55 0.0%7.38%
23 Everwise Credit Union C 55 0.0%7.13%
24 Mutual of Omaha Mortgage C 52 60.0%6.75%
25 United Shore Financial Services B 53 0.0%6.63%

Best approval odds in Parke County

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

#LenderDecidedDecision denial rate
1First Financial Bank7921.5%
2Fifth Third Bank6334.9%

What Parke County borrowers applied for

By loan purpose

Home purchase 203 34% · 11.8% denied
Refinance 108 18% · 23.2% denied
Cash-out refinance 122 20% · 26.2% denied
Home improvement 84 14% · 25.0% denied
Other / HELOC 80 13% · 35.0% denied

By loan type

Conventional 434 73% · 22.4% denied
FHA 93 16% · 24.7% denied
VA 64 11% · 15.6% denied
USDA / RHS 6 1% · 0.0% denied

Why applications were denied

Credit history 36 29%
Debt-to-income ratio 31 25%
Collateral 28 22%
Incomplete application 14 11%
Other 9 7%
Employment history 4 3%
Unverifiable information 2 2%
Insufficient cash 1 1%
Mortgage insurance denied 1 1%

Parke County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202344026525.0%7.13%$105,000
202444527422.0%7.25%$105,000
202559737521.8%6.98%$115,000

Frequently asked questions

21.8% of applications in Parke County were denied in 2025, against 16.6% statewide in Indiana.

First Financial Bank, with 81 applications in 2025 and a denial rate of 21.0%.

The median mortgage application in Parke County in 2025 was for $115,000; the median property value on originated loans was $235,000.