Indiana · HMDA 2025
Mortgage lenders in Madison County, IN
287 lenders reported 6,949 home-loan applications in Madison County in 2025. 3,599 closed as loans ($574.6M), 1,115 were denied — a 22.7% denial rate on decided applications, above the Indiana rate of 19.9%. The three most active lenders handled 15% of applications, led by First Merchants Bank. 13 lenders in the list are banks or credit unions with a TellerScore profile.
- Applications
- 6,949
- Loans originated
- 3,599
- Purchase / refinance
- 1,691 / 1,151
- 30-yr rate (national)
- 7.40%week of Oct 15, 2026
Lenders ranked by applications in Madison County
| # | Lender | Applications here | Share | Nationwide denial rate |
|---|---|---|---|---|
| 1 | First Merchants Bank 58 out of 100, Moderate | 377 | 5.4% | 19.8% |
| 2 | PNC Bank, National Association 62 out of 100, Moderate | 351 | 5.1% | 33.8% |
| 3 | Rocket Mortgage, LLC | 322 | 4.6% | — |
| 4 | NEWREZ LLC | 269 | 3.9% | — |
| 5 | PENNYMAC LOAN SERVICES, LLC | 260 | 3.7% | — |
| 6 | RUOFF MORTGAGE COMPANY, INC. | 247 | 3.6% | — |
| 7 | STAR Financial Bank 68 out of 100, Moderate | 197 | 2.8% | 30.3% |
| 8 | The Huntington National Bank 59 out of 100, Moderate | 167 | 2.4% | 31.6% |
| 9 | UNITED SHORE FINANCIAL SERVICES, LLC | 166 | 2.4% | — |
| 10 | U.S. Bank National Association 55 out of 100, Moderate | 151 | 2.2% | 39.5% |
| 11 | Fairway Independent Mortgage Corporation | 143 | 2.1% | — |
| 12 | GVC MORTGAGE, INC. | 137 | 2.0% | — |
| 13 | JPMorgan Chase Bank, National Association 61 out of 100, Moderate | 133 | 1.9% | 14.1% |
| 14 | Mortgage Research Center, LLC | 132 | 1.9% | — |
| 15 | AMERIHOME MORTGAGE COMPANY, LLC | 123 | 1.8% | — |
| 16 | FREEDOM MORTGAGE CORPORATION | 122 | 1.8% | — |
| 17 | VANDERBILT MORTGAGE AND FINANCE, INC. | 119 | 1.7% | — |
| 18 | CALCON MUTUAL MORTGAGE LLC | 117 | 1.7% | — |
| 19 | Broker Solutions, Inc. | 114 | 1.6% | — |
| 20 | NATIONSTAR MORTGAGE LLC | 110 | 1.6% | — |
| 21 | GUILD MORTGAGE COMPANY | 97 | 1.4% | — |
| 22 | UNION HOME MORTGAGE CORP. | 92 | 1.3% | — |
| 23 | Loandepot.Com, LLC | 87 | 1.3% | — |
| 24 | KeyBank National Association 63 out of 100, Moderate | 87 | 1.3% | 32.8% |
| 25 | Old National Bank 59 out of 100, Moderate | 81 | 1.2% | 22.1% |
| 26 | Madison County Federal Credit Union 73 out of 100, Strong | 78 | 1.1% | 17.6% |
| 27 | Independent Federal Credit Union 45 out of 100, Below average | 73 | 1.1% | 17.5% |
| 28 | CROSSCOUNTRY MORTGAGE, INC. | 71 | 1.0% | — |
| 29 | PLANET HOME LENDING, LLC | 70 | 1.0% | — |
| 30 | FORUM | 68 | 1.0% | — |
| 31 | INDIANA MEMBERS CREDIT UNION 74 out of 100, Strong | 65 | 0.9% | 14.1% |
| 32 | 21st Mortgage Corporation | 62 | 0.9% | — |
| 33 | Kiavi Funding, Inc. | 61 | 0.9% | — |
| 34 | Coastal Community Bank 35 out of 100, Low | 58 | 0.8% | 3.0% |
| 35 | AmeriSave Mortgage Corporation | 57 | 0.8% | — |
| 36 | American Mortgage Bank, LLC | 56 | 0.8% | — |
| 37 | Fifth Third Bank, National Association 62 out of 100, Moderate | 54 | 0.8% | 34.0% |
| 38 | CARRINGTON MORTGAGE SERVICES, LLC | 51 | 0.7% | — |
| 39 | GUARANTEED RATE, INC. | 50 | 0.7% | — |
| 40 | FIGURE LENDING LLC | 49 | 0.7% | — |
Top 40 of 287 lenders shown. Denial rates are each lender's nationwide figure for 2025, available for banks and credit unions we profile.
Other counties in Indiana
- Marion County 43,393 apps
- Lake County 23,367 apps
- Hamilton County 21,889 apps
- Allen County 18,568 apps
- St. Joseph County 11,692 apps
- Hendricks County 11,156 apps
- Johnson County 10,704 apps
- Porter County 8,580 apps
- Elkhart County 8,478 apps
- Vanderburgh County 7,769 apps
- Clark County 7,290 apps
- Tippecanoe County 7,116 apps