American Financial Network · Indiana · 2025

American Financial Network in Indiana: approval rate, denial rate and rates (2025)

American Financial Network took 710 mortgage applications in Indiana in 2025, ranking #88 of 1,025 lenders active in the state. It originated 60.4% of them and denied 5.4% (8.0% of the applications it decided), against a statewide denial rate of 16.6%.

710Applicationsin IN
8.0%Decision denial ratestate 20.1%
6.81%Median ratestate 6.75%
$215,000Median loanstate $155,000
$100MVolume64 counties

American Financial Network in Indiana vs the state

5.4%Denial rate-11.22 pts vs state
8.0%Decision denial rate-12.14 pts vs state
60.4%Origination rate-1.83 pts vs state
6.81%Median rate+0.06 pts vs state
0.56Rate spread (pts)+0.19 pts vs state
$81kMedian applicant income
429Loans originated
38Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235303621.9%7.13%#95
20246824834.3%6.88%#88
20257104295.4%6.81%#88

What American Financial Network lends in Indiana

By loan purpose

Home purchase 445 63% · 5.6% denied
Refinance 61 9% · 3.3% denied
Cash-out refinance 204 29% · 5.4% denied

By loan type

Conventional 363 51% · 5.0% denied
FHA 266 37% · 6.4% denied
VA 63 9% · 4.8% denied
USDA / RHS 18 3% · 0.0% denied

Why it denied Indiana applicants

Debt-to-income ratio 11 29%
Other 11 29%
Credit history 9 24%
Collateral 4 11%
Unverifiable information 1 3%
Employment history 1 3%
Incomplete application 1 3%

Where in Indiana

Counties with the most American Financial Network applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lake County 136895 3.7%
Jasper County 116830 0.0%
Marion County 753212 16.0%
Porter County 55391 1.8%
Newton County 34291 2.9%
LaPorte County 34220 0.0%
Starke County 22142 9.1%
Pulaski County 17160 0.0%
Johnson County 1552 13.3%
Hendricks County 1562 13.3%

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: 710 applications in 2025, of which 429 were originated and 38 denied.

5.4% of all applications, or 8.0% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans American Financial Network originated in Indiana in 2025 was 6.81%, against a statewide median of 6.75%.

About this data. Figures are American Financial Network'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