Largest lenders in Washington County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Centra Credit Union | A | 143 | 97 | 14.7% | 5.24% |
| 2 | First Harrison Bank | B | 110 | 94 | 7.3% | 6.38% |
| 3 | First Savings Bank | C | 67 | 41 | 17.9% | 7.25% |
| 4 | PNC Bank | D | 56 | 39 | 14.3% | 0.25% |
| 5 | United Shore Financial Services | B | 54 | 41 | 11.1% | 6.25% |
| 6 | Leaderone Financial | D | 46 | 35 | 2.2% | 6.88% |
| 7 | Vanderbilt Mortgage and Finance | F | 44 | 5 | 34.1% | 10.99% |
| 8 | Rocket Mortgage | C | 43 | 29 | 25.6% | 6.88% |
| 9 | Beacon Credit Union | C | 32 | 22 | 25.0% | 7.13% |
| 10 | 21st Mortgage | F | 31 | 6 | 41.9% | 10.19% |
| 11 | Mortgage Research Center | C | 25 | 9 | 20.0% | 6.13% |
| 12 | German American Bank | A | 24 | 13 | 20.8% | 6.88% |
| 13 | Farm Credit Mid-America | D | 19 | 13 | 10.5% | 7.00% |
| 14 | Fifth Third Bank | D | 17 | 8 | 35.3% | 7.75% |
| 15 | Hoosier Hills Credit Union | C | 16 | 13 | 6.3% | 7.75% |
| 16 | AmeriSave Mortgage | D | 15 | 3 | 66.7% | 8.25% |
| 17 | Ruoff Mortgage Company | A | 14 | 9 | 7.1% | 6.50% |
| 18 | Freedom Mortgage | B | 13 | 8 | 0.0% | 6.38% |
| 19 | Broker Solutions | D | 12 | 6 | 8.3% | 7.31% |
| 20 | Pennymac Loan Services | C | 11 | 4 | 27.3% | 6.00% |
| 21 | Newrez | D | 11 | 8 | 18.2% | 6.69% |
| 22 | Discover Bank | F | 10 | 1 | 50.0% | 6.98% |
| 23 | Carrington Mortgage Services | D | 10 | 3 | 50.0% | 6.50% |
| 24 | Spring Eq | D | 10 | 3 | 50.0% | 9.65% |
| 25 | Loandepot.Com | D | 10 | 4 | 40.0% | 5.87% |
Best approval odds in Washington County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | First Harrison Bank | 103 | 7.8% |
| 2 | Centra Credit Union | 119 | 17.7% |
| 3 | First Savings Bank | 53 | 22.6% |
What Washington County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Washington County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 1,074 | 656 | 18.3% | 6.95% | $115,000 |
| 2024 | 1,018 | 589 | 23.0% | 6.88% | $125,000 |
| 2025 | 1,236 | 722 | 17.9% | 6.63% | $135,000 |
Frequently asked questions
17.9% of applications in Washington County were denied in 2025, against 16.6% statewide in Indiana.
Centra Credit Union, with 143 applications in 2025 and a denial rate of 14.7%.
The median mortgage application in Washington County in 2025 was for $135,000; the median property value on originated loans was $245,000.