Indiana · HMDA 2025
Mortgage lenders in Spencer County, IN
102 lenders reported 768 home-loan applications in Spencer County in 2025. 407 closed as loans ($70.3M), 113 were denied — a 21.2% denial rate on decided applications, above the Indiana rate of 19.9%. The three most active lenders handled 24% of applications, led by German American Bank. 12 lenders in the list are banks or credit unions with a TellerScore profile.
- Applications
- 768
- Loans originated
- 407
- Purchase / refinance
- 182 / 142
- 30-yr rate (national)
- 7.40%week of Oct 15, 2026
Lenders ranked by applications in Spencer County
| # | Lender | Applications here | Share | Nationwide denial rate |
|---|---|---|---|---|
| 1 | German American Bank 75 out of 100, Strong | 97 | 12.6% | 17.2% |
| 2 | Liberty | 45 | 5.9% | — |
| 3 | PENNYMAC LOAN SERVICES, LLC | 44 | 5.7% | — |
| 4 | HOOSIER HILLS CREDIT UNION 59 out of 100, Moderate | 39 | 5.1% | 19.7% |
| 5 | MORTGAGE MASTERS OF INDIANA, INC. | 32 | 4.2% | — |
| 6 | Old National Bank 59 out of 100, Moderate | 32 | 4.2% | 22.1% |
| 7 | Fifth Third Bank, National Association 62 out of 100, Moderate | 30 | 3.9% | 34.0% |
| 8 | Rocket Mortgage, LLC | 28 | 3.6% | — |
| 9 | Heritage Federal Credit Union 77 out of 100, Strong | 27 | 3.5% | 21.5% |
| 10 | AMERIHOME MORTGAGE COMPANY, LLC | 24 | 3.1% | — |
| 11 | GVC MORTGAGE, INC. | 21 | 2.7% | — |
| 12 | Mortgage Research Center, LLC | 20 | 2.6% | — |
| 13 | FREEDOM MORTGAGE CORPORATION | 17 | 2.2% | — |
| 14 | UNITED SHORE FINANCIAL SERVICES, LLC | 16 | 2.1% | — |
| 15 | VILLAGE CAPITAL & INVESTMENT LLC | 15 | 2.0% | — |
| 16 | NEWREZ LLC | 14 | 1.8% | — |
| 17 | VANDERBILT MORTGAGE AND FINANCE, INC. | 13 | 1.7% | — |
| 18 | LNB COMMUNITY BANK 69 out of 100, Moderate | 13 | 1.7% | 7.5% |
| 19 | Broker Solutions, Inc. | 12 | 1.6% | — |
| 20 | NATIONSTAR MORTGAGE LLC | 11 | 1.4% | — |
| 21 | PLANET HOME LENDING, LLC | 10 | 1.3% | — |
| 22 | AmeriSave Mortgage Corporation | 9 | 1.2% | — |
| 23 | JPMorgan Chase Bank, National Association 61 out of 100, Moderate | 8 | 1.0% | 14.1% |
| 24 | U.S. Bank National Association 55 out of 100, Moderate | 8 | 1.0% | 39.5% |
| 25 | PLAZA HOME MORTGAGE, INC. | 7 | 0.9% | — |
| 26 | Navy Federal Credit Union 66 out of 100, Moderate | 6 | 0.8% | 32.9% |
| 27 | CROSSCOUNTRY MORTGAGE, INC. | 6 | 0.8% | — |
| 28 | INDIANA MEMBERS CREDIT UNION 74 out of 100, Strong | 6 | 0.8% | 14.1% |
| 29 | 21st Mortgage Corporation | 5 | 0.7% | — |
| 30 | Loandepot.Com, LLC | 5 | 0.7% | — |
| 31 | AMERICAN FINANCIAL RESOURCES, INC. | 5 | 0.7% | — |
| 32 | MUTUAL OF OMAHA MORTGAGE, INC. | 5 | 0.7% | — |
| 33 | STOCKTON MORTGAGE CORPORATION | 5 | 0.7% | — |
| 34 | Wells Fargo Bank, National Association 58 out of 100, Moderate | 4 | 0.5% | 22.2% |
| 35 | BOONVILLE FEDERAL SAVINGS BANK | 4 | 0.5% | — |
| 36 | Independence Bank of Kentucky | 4 | 0.5% | — |
| 37 | INTERLINC MORTGAGE SERVICES, LLC | 4 | 0.5% | — |
| 38 | KIND LENDING, LLC | 4 | 0.5% | — |
| 39 | NEW DAY FINANCIAL, LLC | 4 | 0.5% | — |
| 40 | Luminate Bank 47 out of 100, Below average | 4 | 0.5% | 4.3% |
Top 40 of 102 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