STAR Financial Bank mortgage approval rate & lending review
STAR Financial Bank decided 2,313 mortgage applications and funded 1,441 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions STAR Financial Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
STAR Financial Bank at a glance
Approval is 1.6 points above the 70.7% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 83% | 378 / 453 | 82% | $215K | 309 |
| Home improvement loans | 73% | 613 / 840 | 87% | $55K | 535 |
| Cash-out refinance | 66% | 564 / 850 | 88% | $75K | 496 |
| Refinance | 72% | 69 / 96 | 88% | $165K | 61 |
| Investment property purchase | 90% | 38 / 42 | 82% | $215K | 31 |
| Investment cash-out refinance | 36% | 10 / 28 | 80% | $75K | 8 |
STAR Financial Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Indiana | 72% | $75K | 2,280 | 1,418 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where STAR Financial Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Madison County, IN | Home improvement loans | 69% | 260 | 153 |
| Allen County, IN | Cash-out refinance | 68% | 248 | 146 |
| Allen County, IN | Home improvement loans | 74% | 219 | 141 |
| Madison County, IN | Cash-out refinance | 66% | 217 | 126 |
| Allen County, IN | Mortgage lenders | 88% | 130 | 95 |
| Hamilton County, IN | Home improvement loans | 80% | 128 | 91 |
| Hamilton County, IN | Cash-out refinance | 72% | 141 | 90 |
| Delaware County, IN | Cash-out refinance | 63% | 153 | 87 |
| Delaware County, IN | Home improvement loans | 70% | 123 | 78 |
| Marion County, IN | Home improvement loans | 75% | 91 | 59 |
| Hamilton County, IN | Mortgage lenders | 87% | 85 | 56 |
| Madison County, IN | Mortgage lenders | 75% | 68 | 39 |
The county markets where STAR Financial Bank made the most loans. Each link opens that market with every lender ranked.
Questions about STAR Financial Bank
What is STAR Financial Bank's mortgage approval rate?
STAR Financial Bank approved 72.4% of the 2,313 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 1.6 points above the 70.7% national rate for the same mix of loan types.
How often do borrowers take the loan STAR Financial Bank offers?
Borrowers accepted 86% of the loans STAR Financial Bank approved, against 94% for all cash-out refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does STAR Financial Bank make?
The typical cash-out refinance loan STAR Financial Bank made was $75K; across all loan types its typical loan ran from $55K to $215K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does STAR Financial Bank lend?
STAR Financial Bank decided applications in 12 of the states Fat Boy Data covers, most of them in Indiana, Florida and Ohio.
Can I apply to STAR Financial Bank directly?
Yes. STAR Financial Bank is a bank or credit union with 37 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show STAR Financial Bank's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how STAR Financial Bank treats applications, then get a rate quote from the lender.