Angel Oak Mortgage Solutions · Indiana · 2025

Angel Oak Mortgage Solutions in Indiana: approval rate, denial rate and rates (2025)

Angel Oak Mortgage Solutions took 94 mortgage applications in Indiana in 2025, ranking #282 of 1,025 lenders active in the state. It originated 58.5% of them and denied 12.8% (17.1% of the applications it decided), against a statewide denial rate of 16.6%.

94Applicationsin IN
17.1%Decision denial ratestate 20.1%
7.62%Median ratestate 6.75%
$180,000Median loanstate $155,000
$12MVolume21 counties

Angel Oak Mortgage Solutions in Indiana vs the state

12.8%Denial rate-3.80 pts vs state
17.1%Decision denial rate-3.00 pts vs state
58.5%Origination rate-3.74 pts vs state
7.62%Median rate+0.87 pts vs state
1.69Rate spread (pts)+1.33 pts vs state
$145kMedian applicant income
55Loans originated
12Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023422114.3%8.63%#340
2024483212.5%7.81%#346
2025945512.8%7.62%#282

What Angel Oak Mortgage Solutions lends in Indiana

By loan purpose

Home purchase 41 44% · 12.2% denied
Refinance 1 1% · 0.0% denied
Cash-out refinance 50 53% · 14.0% denied
Home improvement 2 2% · 0.0% denied

By loan type

Conventional 94 100% · 12.8% denied

Why it denied Indiana applicants

Debt-to-income ratio 4 33%
Credit history 3 25%
Collateral 3 25%
Unverifiable information 1 8%
Insufficient cash 1 8%

Where in Indiana

Counties with the most Angel Oak Mortgage Solutions applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lake County 32205 15.6%
Marion County 19113 15.8%
Porter County 720 0.0%
Hamilton County 510 0.0%
St. Joseph County 421 25.0%
Boone County 420 0.0%
Delaware County 321 33.3%
LaPorte County 210 0.0%
Hancock County 210 0.0%
Johnson County 220 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: 94 applications in 2025, of which 55 were originated and 12 denied.

12.8% of all applications, or 17.1% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Angel Oak Mortgage Solutions originated in Indiana in 2025 was 7.62%, against a statewide median of 6.75%.

About this data. Figures are Angel Oak Mortgage Solutions'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