Marshall County
Indiana · FIPS 18099
According to CFPB HMDA 2024 application volume among U.S. counties, Marshall County ranks #1,058 of 3,223, and #37 of 92 in Indiana.
Mortgage lending activity in Marshall County, Indiana based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Marshall County, Indiana lenders denied 247 of the applications reported here, financing the rest at an average note rate of 7.71%, with applicants self-reporting average annual income of $35K. 122 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 4.5x, meaning typical borrowers took on mortgages of about 4.5 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Marshall County
In Marshall County, lead originator First Federal Savings Bank funded 15.9% of 1,047 originated loans, in the middle tercile of U.S. counties (~10.9-16.7% top-1). The top three reporters together hold 38.7% of the book; a local credit union or regional bank still sits beside the national wholesalers.
Counties With Similar Application Volume
Nationwide counties nearest to Marshall County's 1,635 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Marshall County's $158,303 average loan (deduped against volume peers).
Lenders active in Marshall County
First Federal Savings Bank funded 166 of the 1,047 loans originated in Marshall County, 15.9% of the county. 122 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | First Federal Savings Bank | 166 | 15.9% |
| 2 | Lake City Bank | 122 | 11.7% |
| 3 | 1st Source Bank | 117 | 11.2% |
| 4 | Everwise Credit Union | 79 | 7.5% |
| 5 | Ruoff Mortgage Company | 74 | 7.1% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For Marshall County, from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024) -- county FIPS codes follow U.S. Census Bureau standards. Not financial advice for Marshall County borrowers. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.