Bank of England in Indiana vs the state
33.3%Denial rate+16.76 pts vs state
42.9%Decision denial rate+22.72 pts vs state
44.4%Origination rate-17.81 pts vs state
6.56%Median rate-0.19 pts vs state
0.38Rate spread (pts)+0.02 pts vs state
$57kMedian applicant income
4Loans originated
3Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 436 | 341 | 5.5% | 6.75% | #107 |
| 2024 | 148 | 104 | 4.7% | 6.63% | #221 |
| 2025 | 9 | 4 | 33.3% | 6.56% | #553 |
What Bank of England lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Bank of England applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Vanderburgh County | 4 | 2 | 2 | 50.0% |
| Lake County | 2 | 0 | 1 | 50.0% |
| Floyd County | 1 | 1 | 0 | 0.0% |
| St. Joseph County | 1 | 1 | 0 | 0.0% |
| Hendricks County | 1 | 0 | 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: 9 applications in 2025, of which 4 were originated and 3 denied.
33.3% of all applications, or 42.9% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Bank of England originated in Indiana in 2025 was 6.56%, against a statewide median of 6.75%.
About this data. Figures are Bank of England'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