States › Indiana › Warrick County
Warrick County, Indiana
Mortgage lending record for properties in the county, calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Warrick County, Indiana, saw 2,568 HMDA-reported applications and 1,744 originations ($435m) in 2024.
That is 69.3 originations per 1,000 households, against 59.9 for Indiana and 48.0 nationally.
The county's denial rate was 17.4%, below the state rate of 21.5%. The median rate spread on originated loans was 0.5 percentage points and 20.5% of originations were 1.5 points or more above the average prime offer rate.
19 lenders reached 25 applications in the county; the most active by originations were Liberty Federal Credit Union (267), Heritage Federal Credit Union (217) and Mortgage Masters of Indiana Inc (199).
Originations were up 11% on 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Liberty Federal Credit Union | 332 | 267 | $54m | 7.6% | — |
| 2 | Heritage Federal Credit Union | 295 | 217 | $24m | 16.7% | — |
| 3 | Mortgage Masters of Indiana Inc | 222 | 199 | $52m | 3.3% | — |
| 4 | Lnb Community Bank | 160 | 139 | $28m | 4.1% | — |
| 5 | Old National Bank | 137 | 105 | $30m | 17.8% | — |
| 6 | First Federal Savings Bank | 88 | 78 | $37m | 3.6% | — |
| 7 | Rocket Mortgage | 77 | 61 | $12m | 15.3% | — |
| 8 | Indiana Members Credit Union | 69 | 59 | $28m | 9.1% | — |
| 9 | German American Bank | 79 | 56 | $11m | 15.9% | — |
| 10 | Fifth Third Bank, National Association | 81 | 47 | $7.2m | 25.4% | — |
| 11 | Peoples Trust and Savings Bank | 48 | 40 | $13m | 8.7% | — |
| 12 | FBC Mortgage, LLC | 41 | 36 | $12m | 0.0% | — |
| 13 | Boonville Federal Savings Bank | 44 | 34 | $6.5m | 5.6% | — |
| 14 | United Wholesale Mortgage | 37 | 32 | $8.3m | 5.9% | — |
| 15 | Freedom Mortgage Corporation | 44 | 17 | $4.2m | 26.9% | — |
| 16 | Mortgage Research Center | 30 | 13 | $4.2m | — | — |
| 17 | Discover Bank | 48 | 7 | $625k | 70.4% | — |
| 18 | 21st Mortgage | 60 | 5 | $335k | 80.6% | — |
| 19 | Vanderbilt Mortgage and Finance, Inc | 25 | 2 | $230k | — | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 19. Denial rate is denials over decided applications in this county.
Compared with Indiana and the nation
| Measure | This county | Indiana | United States |
|---|---|---|---|
| Denial rate | 17.4% | 21.5% | 24.3% |
| Median rate spread, pp | 0.5 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 20.5% | 15.8% | 15.6% |
| Average originated loan | $249k | $216k | $329k |
| Originations per 1,000 households | 69.3 | 59.9 | 48.0 |
| Home purchase share of originations | 52.1% | 53.1% | 57.0% |
| FHA-insured share | 11.6% | 14.5% | 13.4% |
| VA-guaranteed share | 5.6% | 6.0% | 7.9% |
Rate spread distribution
Share of 1,434 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: Indiana). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.
Loan purpose and loan type
By purpose
Home purchase 52% (909)Home improvement 9% (151)Refinancing 12% (207)Cash-out refinancing 17% (295)Other purpose 10% (181)
By type
Conventional 80% (1,394)FHA 12% (203)VA 6% (98)USDA 3% (49)
Trend by year
ApplicationsOriginations
This countyIndiana
Questions and answers
Which lenders are most active in Warrick County, IN?
By 2024 originations: Liberty Federal Credit Union (267), Heritage Federal Credit Union (217), Mortgage Masters of Indiana Inc (199), Lnb Community Bank (139), Old National Bank (105). 19 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Warrick County?
17.4% of decided applications were denied in 2024, against 21.5% across Indiana and 24.3% nationally.
How many mortgages were originated in Warrick County in 2024?
1,744 loans totalling $435m, from 2,568 applications; 69.3 originations per 1,000 households.
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 18173; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.