1st Signature Lending · Indiana · 2025

1st Signature Lending in Indiana: approval rate, denial rate and rates (2025)

1st Signature Lending took 67 mortgage applications in Indiana in 2025, ranking #317 of 1,025 lenders active in the state. It originated 61.2% of them and denied 9.0% (12.8% of the applications it decided), against a statewide denial rate of 16.6%.

67Applicationsin IN
12.8%Decision denial ratestate 20.1%
5.88%Median ratestate 6.75%
$225,000Median loanstate $155,000
$10MVolume1 counties

1st Signature Lending in Indiana vs the state

9.0%Denial rate-7.61 pts vs state
12.8%Decision denial rate-7.37 pts vs state
61.2%Origination rate-1.06 pts vs state
5.88%Median rate-0.88 pts vs state
0.33Rate spread (pts)-0.04 pts vs state
$92kMedian applicant income
41Loans originated
6Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202371498.5%6.75%#288
202470477.1%6.50%#298
202567419.0%5.88%#317

What 1st Signature Lending lends in Indiana

By loan purpose

Home purchase 61 91% · 8.2% denied
Refinance 1 1% · 0.0% denied
Cash-out refinance 5 7% · 20.0% denied

By loan type

Conventional 14 21% · 14.3% denied
FHA 42 63% · 4.8% denied
VA 6 9% · 16.7% denied
USDA / RHS 5 7% · 20.0% denied

Why it denied Indiana applicants

Credit history 2 33%
Collateral 1 17%
Other 1 17%
Debt-to-income ratio 1 17%
Employment history 1 17%

Where in Indiana

Counties with the most 1st Signature Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Boone County 100 0.0%

Other large lenders in Indiana

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 13,50318.6%6.75%
Ruoff Mortgage CompanyA 8,8604.0%6.75%
Fifth Third BankD 8,69327.6%7.75%
United Shore Financial ServicesB 8,65912.2%6.38%
Freedom MortgageB 5,4548.9%6.25%
NewrezD 5,42118.2%6.63%
First Merchants BankC 5,11419.9%6.76%
Fairway Independent MortgageB 4,8137.4%6.75%
Mortgage Research CenterC 4,79119.0%6.25%
PNC BankD 4,72425.1%7.55%

Frequently asked questions

Indiana: 67 applications in 2025, of which 41 were originated and 6 denied.

9.0% of all applications, or 12.8% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans 1st Signature Lending originated in Indiana in 2025 was 5.88%, against a statewide median of 6.75%.

About this data. Figures are 1st Signature Lending's own HMDA filing for properties located in Indiana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology