American Heritage Lending in Indiana vs the state
15.6%Denial rate-1.01 pts vs state
18.5%Decision denial rate-1.64 pts vs state
51.1%Origination rate-11.14 pts vs state
7.56%Median rate+0.81 pts vs state
0.94Rate spread (pts)+0.57 pts vs state
$156kMedian applicant income
138Loans originated
42Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 59 | 20 | 11.9% | 9.06% | #307 |
| 2024 | 159 | 80 | 6.3% | 8.00% | #215 |
| 2025 | 270 | 138 | 15.6% | 7.56% | #171 |
What American Heritage Lending lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most American Heritage Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Delaware County | 64 | 19 | 31 | 48.4% |
| Marion County | 62 | 24 | 6 | 9.7% |
| Lake County | 22 | 13 | 1 | 4.5% |
| Montgomery County | 21 | 18 | 0 | 0.0% |
| St. Joseph County | 11 | 4 | 0 | 0.0% |
| Hancock County | 9 | 9 | 0 | 0.0% |
| Howard County | 9 | 7 | 0 | 0.0% |
| Tippecanoe County | 7 | 6 | 0 | 0.0% |
| Clark County | 6 | 3 | 0 | 0.0% |
| Elkhart County | 6 | 2 | 0 | 0.0% |
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: 270 applications in 2025, of which 138 were originated and 42 denied.
15.6% of all applications, or 18.5% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans American Heritage Lending originated in Indiana in 2025 was 7.56%, against a statewide median of 6.75%.
About this data. Figures are American Heritage 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