American Financing in Indiana vs the state
47.0%Denial rate+30.39 pts vs state
60.3%Decision denial rate+40.14 pts vs state
22.5%Origination rate-39.78 pts vs state
6.13%Median rate-0.63 pts vs state
0.28Rate spread (pts)-0.09 pts vs state
$78kMedian applicant income
122Loans originated
255Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 225 | 60 | 35.6% | 6.63% | #165 |
| 2024 | 428 | 108 | 52.8% | 5.99% | #120 |
| 2025 | 543 | 122 | 47.0% | 6.13% | #109 |
What American Financing lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most American Financing applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 51 | 10 | 22 | 43.1% |
| Allen County | 44 | 14 | 18 | 40.9% |
| Lake County | 43 | 7 | 23 | 53.5% |
| Elkhart County | 24 | 10 | 11 | 45.8% |
| Hamilton County | 20 | 1 | 8 | 40.0% |
| St. Joseph County | 20 | 5 | 8 | 40.0% |
| Johnson County | 18 | 2 | 13 | 72.2% |
| Tippecanoe County | 15 | 1 | 9 | 60.0% |
| Porter County | 15 | 3 | 5 | 33.3% |
| Madison County | 13 | 1 | 8 | 61.5% |
Other large lenders in Indiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,503 | 18.6% | 6.75% |
| Ruoff Mortgage Company | A | 8,860 | 4.0% | 6.75% |
| Fifth Third Bank | D | 8,693 | 27.6% | 7.75% |
| United Shore Financial Services | B | 8,659 | 12.2% | 6.38% |
| Freedom Mortgage | B | 5,454 | 8.9% | 6.25% |
| Newrez | D | 5,421 | 18.2% | 6.63% |
| First Merchants Bank | C | 5,114 | 19.9% | 6.76% |
| Fairway Independent Mortgage | B | 4,813 | 7.4% | 6.75% |
| Mortgage Research Center | C | 4,791 | 19.0% | 6.25% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
Frequently asked questions
Indiana: 543 applications in 2025, of which 122 were originated and 255 denied.
47.0% of all applications, or 60.3% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans American Financing originated in Indiana in 2025 was 6.13%, against a statewide median of 6.75%.
About this data. Figures are American Financing'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