Starke County, Indiana · 2025

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

144 lenders acted on 1,014 mortgage applications for properties in Starke County in 2025. 16.6% were denied (Indiana: 16.6%). Median rate on closed loans 6.99%; median loan $145,000; median property value $225,000.

1.0kApplications
16.6%Denial ratestate 16.6%
6.99%Median ratestate 6.75%
$145,000Median loan
$225,000Median property value

Largest lenders in Starke County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 1st Source Bank B 8853 19.3%7.75%
2 Rocket Mortgage C 7856 14.1%6.88%
3 Ruoff Mortgage Company A 6950 7.3%6.88%
4 First Farmers Bank & Trust C 5235 23.1%7.38%
5 Everwise Credit Union C 4631 21.7%7.50%
6 Freedom Mortgage B 3619 11.1%6.25%
7 Centier Bank C 2818 17.9%8.00%
8 Newrez D 2710 33.3%6.13%
9 Union Home Mortgage B 2616 7.7%6.88%
10 Fifth Third Bank D 2414 25.0%7.50%
11 First Federal Savings Bank A 2219 0.0%7.00%
12 American Financial Network C 2214 9.1%6.75%
13 Cardinal Financial Company, Limited Partnership B 2017 0.0%7.13%
14 Crosscountry Mortgage B 1911 0.0%6.69%
15 United Shore Financial Services B 1812 16.7%6.29%
16 JPMorgan Chase Bank B 1713 5.9%6.38%
17 KeyBank C 1610 31.3%6.75%
18 AmeriSave Mortgage D 155 66.7%6.25%
19 Guaranteed Rate B 155 20.0%6.98%
20 Mortgage Research Center C 158 6.7%6.19%
21 Horizon Bank A 1310 15.4%6.88%
22 Diamond Residential Mortgage B 129 0.0%7.00%
23 TECH Credit Union D 1111 0.0%6.88%
24 Loandepot.Com D 115 27.3%7.50%
25 Carrington Mortgage Services D 106 20.0%8.06%

Best approval odds in Starke County

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

#LenderDecidedDecision denial rate
1Ruoff Mortgage Company618.2%
2Rocket Mortgage6915.9%
31st Source Bank7423.0%
4First Farmers Bank & Trust5123.5%

What Starke County borrowers applied for

By loan purpose

Home purchase 371 37% · 8.1% denied
Refinance 159 16% · 13.8% denied
Cash-out refinance 247 24% · 23.9% denied
Home improvement 114 11% · 21.9% denied
Other / HELOC 123 12% · 26.0% denied

By loan type

Conventional 704 69% · 17.1% denied
FHA 217 21% · 15.2% denied
VA 75 7% · 16.0% denied
USDA / RHS 18 2% · 16.7% denied

Why applications were denied

Credit history 51 30%
Debt-to-income ratio 50 30%
Collateral 28 17%
Other 14 8%
Incomplete application 12 7%
Unverifiable information 8 5%
Employment history 3 2%
Insufficient cash 2 1%

Starke County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202385554218.0%7.25%$125,000
202492156218.7%7.13%$125,000
20251,01461616.6%6.99%$145,000

Frequently asked questions

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

1st Source Bank, with 88 applications in 2025 and a denial rate of 19.3%.

The median mortgage application in Starke County in 2025 was for $145,000; the median property value on originated loans was $225,000.