Ripley County, Indiana · 2025

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

119 lenders acted on 988 mortgage applications for properties in Ripley County in 2025. 15.6% were denied (Indiana: 16.6%). Median rate on closed loans 6.75%; median loan $155,000; median property value $265,000.

988Applications
15.6%Denial ratestate 16.6%
6.75%Median ratestate 6.75%
$155,000Median loan
$265,000Median property value

Largest lenders in Ripley County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 First Financial Bank D 155121 10.3%5.99%
2 American Pacific Mortgage C 7452 5.4%7.25%
3 Civista Bank B 7452 17.6%7.50%
4 The Friendship State Bank C 7256 18.1%6.75%
5 Fifth Third Bank D 7048 24.3%8.00%
6 FCN Bank B 4743 6.4%
7 Rocket Mortgage C 3523 25.7%6.88%
8 Union Home Mortgage B 3130 0.0%6.63%
9 PNC Bank D 2612 19.2%7.46%
10 Newrez D 173 11.8%6.99%
11 United Shore Financial Services B 1612 12.5%6.75%
12 Broker Solutions D 155 0.0%6.13%
13 U.S. Bank D 146 14.3%6.69%
14 Mortgage Research Center C 143 35.7%6.63%
15 Ruoff Mortgage Company A 1311 7.7%6.63%
16 German American Bank A 129 8.3%7.00%
17 Freedom Mortgage B 105 10.0%6.00%
18 Centra Credit Union A 108 0.0%5.24%
19 Vanderbilt Mortgage and Finance F 101 40.0%8.99%
20 Union Savings Bank A 94 33.3%6.75%
21 Pennymac Loan Services C 82 12.5%5.94%
22 Crosscountry Mortgage B 85 0.0%6.75%
23 New Day Financial F 82 37.5%7.12%
24 Gvc Mortgage B 86 0.0%6.81%
25 The Huntington National Bank D 83 62.5%9.13%

Best approval odds in Ripley County

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

#LenderDecidedDecision denial rate
1American Pacific Mortgage567.1%
2First Financial Bank13711.7%
3The Friendship State Bank7218.1%
4Civista Bank6819.1%
5Fifth Third Bank6625.8%

What Ripley County borrowers applied for

By loan purpose

Home purchase 404 41% · 8.4% denied
Refinance 158 16% · 16.5% denied
Cash-out refinance 187 19% · 18.2% denied
Home improvement 110 11% · 23.6% denied
Other / HELOC 129 13% · 26.4% denied

By loan type

Conventional 735 74% · 16.6% denied
FHA 165 17% · 12.1% denied
VA 69 7% · 13.0% denied
USDA / RHS 19 2% · 15.8% denied

Why applications were denied

Credit history 52 34%
Debt-to-income ratio 32 21%
Collateral 27 18%
Incomplete application 23 15%
Other 9 6%
Employment history 4 3%
Unverifiable information 2 1%
Insufficient cash 2 1%

Ripley County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202386455317.1%7.13%$135,000
202480850717.6%6.99%$145,000
202598864215.6%6.75%$155,000

Frequently asked questions

15.6% of applications in Ripley County were denied in 2025, against 16.6% statewide in Indiana.

First Financial Bank, with 155 applications in 2025 and a denial rate of 10.3%.

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