Perry County, Indiana · 2025

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

98 lenders acted on 808 mortgage applications for properties in Perry County in 2025. 18.0% were denied (Indiana: 16.6%). Median rate on closed loans 7.00%; median loan $105,000; median property value $205,000.

808Applications
18.0%Denial ratestate 16.6%
7.00%Median ratestate 6.75%
$105,000Median loan
$205,000Median property value

Largest lenders in Perry County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 German American Bank A 237191 12.2%7.50%
2 Hoosier Hills Credit Union C 14997 23.5%7.50%
3 Fifth Third Bank D 6337 23.8%7.75%
4 Mortgage Masters of Indiana B 5445 7.4%6.50%
5 Rocket Mortgage C 2717 25.9%6.50%
6 Mortgage Research Center C 195 15.8%6.75%
7 Old National Bank B 1612 18.8%6.31%
8 Liberty B 1510 6.7%7.00%
9 21st Mortgage F 141 50.0%9.35%
10 Gvc Mortgage B 1212 0.0%7.13%
11 Freedom Mortgage B 116 9.1%6.25%
12 AmeriSave Mortgage D 100 100.0%
13 Vanderbilt Mortgage and Finance F 92 33.3%10.12%
14 Newrez D 82 12.5%8.38%
15 Pennymac Loan Services C 65 0.0%5.88%
16 PNC Bank D 64 16.7%7.30%
17 Carrington Mortgage Services D 62 50.0%7.13%
18 Mutual of Omaha Mortgage C 63 0.0%7.75%
19 Nationstar Mortgage C 65 0.0%8.38%
20 Coastal Community Bank C 63 0.0%7.49%
21 Everett Financial C 52 0.0%9.25%
22 United Shore Financial Services B 54 0.0%5.81%

Best approval odds in Perry County

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

#LenderDecidedDecision denial rate
1Mortgage Masters of Indiana527.7%
2German American Bank22313.0%
3Hoosier Hills Credit Union13725.6%
4Fifth Third Bank5328.3%

What Perry County borrowers applied for

By loan purpose

Home purchase 316 39% · 16.5% denied
Refinance 176 22% · 8.0% denied
Cash-out refinance 124 15% · 27.4% denied
Home improvement 96 12% · 18.8% denied
Other / HELOC 96 12% · 28.1% denied

By loan type

Conventional 597 74% · 18.3% denied
FHA 94 12% · 16.0% denied
VA 60 7% · 20.0% denied
USDA / RHS 57 7% · 15.8% denied

Why applications were denied

Credit history 58 40%
Debt-to-income ratio 34 23%
Collateral 23 16%
Incomplete application 13 9%
Other 9 6%
Unverifiable information 6 4%
Employment history 1 1%
Mortgage insurance denied 1 1%

Perry County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202364942918.3%7.13%$95,000
202460541516.7%7.13%$95,000
202580852718.0%7.00%$105,000

Frequently asked questions

18.0% of applications in Perry County were denied in 2025, against 16.6% statewide in Indiana.

German American Bank, with 237 applications in 2025 and a denial rate of 12.2%.

The median mortgage application in Perry County in 2025 was for $105,000; the median property value on originated loans was $205,000.