Warren County, Indiana · 2025

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

80 lenders acted on 365 mortgage applications for properties in Warren County in 2025. 21.6% were denied (Indiana: 16.6%). Median rate on closed loans 6.75%; median loan $125,000; median property value $225,000.

365Applications
21.6%Denial ratestate 16.6%
6.75%Median ratestate 6.75%
$125,000Median loan
$225,000Median property value

Largest lenders in Warren County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 First Financial Bank D 4730 25.5%7.00%
2 Rocket Mortgage C 2515 28.0%6.99%
3 First Merchants Bank C 1510 20.0%6.75%
4 Old National Bank B 1512 0.0%5.86%
5 21st Mortgage F 140 85.7%
6 Broker Solutions D 135 7.7%7.25%
7 Purdue B 1211 8.3%6.88%
8 Freedom Mortgage B 115 9.1%6.25%
9 The Fountain Trust C 115 27.3%
10 Fair Way Lending B 1110 0.0%6.88%
11 Pennymac Loan Services C 102 10.0%6.00%
12 Horizon Bank A 105 30.0%6.38%
13 AmeriSave Mortgage D 91 77.8%12.00%
14 Wolfe Financial C 97 0.0%6.75%
15 Fifth Third Bank D 74 0.0%8.25%
16 Carrington Mortgage Services D 73 57.1%6.63%
17 CMG Mortgage A 77 0.0%7.00%
18 Industrial Federal Credit Union C 76 14.3%
19 First Farmers Bank & Trust C 65 0.0%7.13%
20 The Farmers and Merchants Bank 66 0.0%
21 Mortgage Research Center C 61 33.3%6.25%
22 Stockton Mortgage D 53 0.0%6.75%
23 Longview Bank A 55 0.0%
24 Newrez D 52 20.0%7.63%
25 Farm Credit Mid-America D 53 40.0%7.25%

What Warren County borrowers applied for

By loan purpose

Home purchase 136 37% · 16.2% denied
Refinance 53 15% · 15.1% denied
Cash-out refinance 101 28% · 32.7% denied
Home improvement 31 8% · 6.5% denied
Other / HELOC 44 12% · 31.8% denied

By loan type

Conventional 249 68% · 23.3% denied
FHA 79 22% · 17.7% denied
VA 30 8% · 23.3% denied
USDA / RHS 7 2% · 0.0% denied

Why applications were denied

Credit history 26 35%
Collateral 18 24%
Incomplete application 14 19%
Debt-to-income ratio 9 12%
Other 5 7%
Insufficient cash 2 3%

Warren County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202325314624.5%6.99%$95,000
202430318818.5%6.99%$125,000
202536520821.6%6.75%$125,000

Frequently asked questions

21.6% of applications in Warren County were denied in 2025, against 16.6% statewide in Indiana.

First Financial Bank, with 47 applications in 2025 and a denial rate of 25.5%.

The median mortgage application in Warren County in 2025 was for $125,000; the median property value on originated loans was $225,000.