American Financial Resources · Indiana · 2025

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

American Financial Resources took 398 mortgage applications in Indiana in 2025, ranking #136 of 1,025 lenders active in the state. It originated 72.4% of them and denied 4.8% (6.2% of the applications it decided), against a statewide denial rate of 16.6%.

398Applicationsin IN
6.2%Decision denial ratestate 20.1%
6.63%Median ratestate 6.75%
$205,000Median loanstate $155,000
$64MVolume67 counties

American Financial Resources in Indiana vs the state

4.8%Denial rate-11.80 pts vs state
6.2%Decision denial rate-13.99 pts vs state
72.4%Origination rate+10.11 pts vs state
6.63%Median rate-0.13 pts vs state
0.41Rate spread (pts)+0.05 pts vs state
$82kMedian applicant income
288Loans originated
19Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023109749.2%7.19%#237
20241841357.1%6.75%#199
20253982884.8%6.63%#136

What American Financial Resources lends in Indiana

By loan purpose

Home purchase 308 77% · 3.6% denied
Refinance 55 14% · 9.1% denied
Cash-out refinance 35 9% · 8.6% denied

By loan type

Conventional 156 39% · 1.3% denied
FHA 161 40% · 6.8% denied
VA 46 12% · 6.5% denied
USDA / RHS 35 9% · 8.6% denied

Why it denied Indiana applicants

Other 8 42%
Debt-to-income ratio 6 32%
Credit history 3 16%
Unverifiable information 1 5%
Insufficient cash 1 5%

Where in Indiana

Counties with the most American Financial Resources applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 23161 4.3%
Marion County 21142 9.5%
Vanderburgh County 21191 4.8%
Lake County 21103 14.3%
Gibson County 20181 5.0%
Floyd County 19160 0.0%
Knox County 18120 0.0%
Greene County 15120 0.0%
Harrison County 14110 0.0%
Dubois County 13120 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: 398 applications in 2025, of which 288 were originated and 19 denied.

4.8% of all applications, or 6.2% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans American Financial Resources originated in Indiana in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are American Financial Resources'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