Largest lenders in Pike County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | German American Bank | A | 112 | 80 | 22.3% | 6.88% |
| 2 | Vanderbilt Mortgage and Finance | F | 29 | 3 | 27.6% | 11.25% |
| 3 | Liberty | B | 23 | 20 | 4.4% | 7.38% |
| 4 | Rocket Mortgage | C | 22 | 16 | 27.3% | 6.38% |
| 5 | Luminate Bank | B | 21 | 17 | 9.5% | 6.88% |
| 6 | First Federal Savings Bank | B | 17 | 15 | 0.0% | — |
| 7 | Mortgage Masters of Indiana | B | 15 | 11 | 13.3% | 6.63% |
| 8 | Fifth Third Bank | D | 14 | 8 | 28.6% | 8.24% |
| 9 | Hoosier Hills Credit Union | C | 13 | 9 | 15.4% | 7.75% |
| 10 | Mortgage Research Center | C | 10 | 4 | 20.0% | 6.88% |
| 11 | Freedom Mortgage | B | 9 | 6 | 0.0% | 6.25% |
| 12 | United Shore Financial Services | B | 9 | 8 | 11.1% | 6.60% |
| 13 | Old National Bank | B | 8 | 6 | 12.5% | 6.25% |
| 14 | American Financial Resources | B | 6 | 5 | 0.0% | 6.38% |
| 15 | Heritage Federal Credit Union | D | 6 | 2 | 16.7% | 7.19% |
| 16 | New Day Financial | F | 5 | 0 | 40.0% | — |
| 17 | Loandepot.Com | D | 5 | 4 | 20.0% | 6.25% |
| 18 | Lnb Community Bank | B | 5 | 3 | 40.0% | — |
Best approval odds in Pike 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 | 106 | 23.6% |
What Pike County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Pike County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 411 | 243 | 22.4% | 7.02% | $95,000 |
| 2024 | 448 | 277 | 19.2% | 7.00% | $115,000 |
| 2025 | 443 | 273 | 20.5% | 6.75% | $105,000 |
Frequently asked questions
20.5% of applications in Pike County were denied in 2025, against 16.6% statewide in Indiana.
German American Bank, with 112 applications in 2025 and a denial rate of 22.3%.
The median mortgage application in Pike County in 2025 was for $105,000; the median property value on originated loans was $205,000.