Ark-La-Tex Financial Services, LLC. · Indiana · 2025

Ark-La-Tex Financial Services, LLC. in Indiana: approval rate, denial rate and rates (2025)

Ark-La-Tex Financial Services, LLC. took 225 mortgage applications in Indiana in 2025, ranking #186 of 1,025 lenders active in the state. It originated 74.7% of them and denied 2.7% (3.3% of the applications it decided), against a statewide denial rate of 16.6%.

225Applicationsin IN
3.3%Decision denial ratestate 20.1%
6.50%Median ratestate 6.75%
$235,000Median loanstate $155,000
$42MVolume36 counties

Ark-La-Tex Financial Services, LLC. in Indiana vs the state

2.7%Denial rate-13.90 pts vs state
3.3%Decision denial rate-16.83 pts vs state
74.7%Origination rate+12.42 pts vs state
6.50%Median rate-0.25 pts vs state
0.37Rate spread (pts)+0.01 pts vs state
$85kMedian applicant income
168Loans originated
6Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023105755.7%7.13%#241
20242291576.6%6.63%#180
20252251682.7%6.50%#186

What Ark-La-Tex Financial Services, LLC. lends in Indiana

By loan purpose

Home purchase 186 83% · 3.2% denied
Refinance 22 10% · 0.0% denied
Cash-out refinance 17 8% · 0.0% denied

By loan type

Conventional 105 47% · 1.9% denied
FHA 78 35% · 3.9% denied
VA 20 9% · 5.0% denied
USDA / RHS 22 10% · 0.0% denied

Why it denied Indiana applicants

Debt-to-income ratio 4 67%
Unverifiable information 1 17%
Credit history 1 17%

Where in Indiana

Counties with the most Ark-La-Tex Financial Services, LLC. applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 50410 0.0%
Floyd County 40291 2.5%
Elkhart County 16131 6.3%
Marion County 15111 6.7%
Harrison County 14110 0.0%
St. Joseph County 1271 8.3%
Hamilton County 11110 0.0%
Scott County 970 0.0%
Washington County 850 0.0%
Lake County 841 12.5%

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: 225 applications in 2025, of which 168 were originated and 6 denied.

2.7% of all applications, or 3.3% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Ark-La-Tex Financial Services, LLC. originated in Indiana in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are Ark-La-Tex Financial Services, LLC.'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