Largest lenders in Steuben County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Profed Credit Union | C | 120 | 79 | 25.0% | 7.49% |
| 2 | Ruoff Mortgage Company | A | 105 | 79 | 7.6% | 6.75% |
| 3 | Three Rivers Federal Credit Union | C | 93 | 67 | 20.4% | 6.88% |
| 4 | Rocket Mortgage | C | 75 | 56 | 16.0% | 6.88% |
| 5 | Gvc Mortgage | B | 58 | 46 | 8.6% | 6.88% |
| 6 | Fifth Third Bank | D | 57 | 32 | 33.3% | 8.25% |
| 7 | Farmers State Bank | A | 54 | 45 | 11.1% | 7.50% |
| 8 | STAR Financial Bank | C | 44 | 29 | 20.5% | 6.00% |
| 9 | Zippy Loans | D | 38 | 24 | 18.4% | 9.75% |
| 10 | The Farmers & Merchants State Bank | B | 33 | 26 | 15.2% | 7.50% |
| 11 | United Shore Financial Services | B | 32 | 23 | 9.4% | 6.62% |
| 12 | MidWest America Federal Credit Union | C | 27 | 24 | 0.0% | 6.49% |
| 13 | Fairway Independent Mortgage | B | 26 | 20 | 3.9% | 6.88% |
| 14 | Flagstar Bank | C | 25 | 18 | 12.0% | 7.18% |
| 15 | FORT FINANCIAL Federal Credit Union | D | 24 | 22 | 4.2% | 7.24% |
| 16 | The State Bank and Trust | B | 23 | 16 | 4.4% | 6.61% |
| 17 | AmeriSave Mortgage | D | 22 | 4 | 68.2% | 7.88% |
| 18 | Crosscountry Mortgage | B | 21 | 12 | 9.5% | 6.60% |
| 19 | Freedom Mortgage | B | 21 | 7 | 0.0% | 6.25% |
| 20 | Mortgage Research Center | C | 20 | 8 | 25.0% | 6.12% |
| 21 | Loandepot.Com | D | 20 | 11 | 25.0% | 7.63% |
| 22 | Geneva Financial | C | 19 | 15 | 10.5% | 6.88% |
| 23 | Lake City Bank | B | 17 | 11 | 23.5% | 7.50% |
| 24 | Nationstar Mortgage | C | 17 | 11 | 35.3% | 6.99% |
| 25 | Vanderbilt Mortgage and Finance | F | 17 | 2 | 47.1% | 10.49% |
Best approval odds in Steuben County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Ruoff Mortgage Company | 91 | 8.8% |
| 2 | Gvc Mortgage | 51 | 9.8% |
| 3 | Farmers State Bank | 51 | 11.8% |
| 4 | Rocket Mortgage | 69 | 17.4% |
| 5 | Three Rivers Federal Credit Union | 88 | 21.6% |
| 6 | Profed Credit Union | 120 | 25.0% |
| 7 | Fifth Third Bank | 51 | 37.3% |
What Steuben County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Steuben County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 1,218 | 737 | 18.9% | 7.13% | $135,000 |
| 2024 | 1,329 | 838 | 17.8% | 7.13% | $155,000 |
| 2025 | 1,498 | 962 | 17.8% | 6.88% | $155,000 |
Frequently asked questions
17.8% of applications in Steuben County were denied in 2025, against 16.6% statewide in Indiana.
Profed Credit Union, with 120 applications in 2025 and a denial rate of 25.0%.
The median mortgage application in Steuben County in 2025 was for $155,000; the median property value on originated loans was $295,000.