BoxCar Mortgage in Indiana vs the state
1.4%Denial rate-15.16 pts vs state
1.6%Decision denial rate-18.58 pts vs state
85.5%Origination rate+23.20 pts vs state
6.75%Median rate0.00 pts vs state
0.50Rate spread (pts)+0.13 pts vs state
$6,805kMedian applicant income
182Loans originated
3Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 111 | 87 | 2.7% | 6.99% | #241 |
| 2025 | 213 | 182 | 1.4% | 6.75% | #190 |
What BoxCar Mortgage lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most BoxCar Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Lake County | 147 | 123 | 2 | 1.4% |
| Porter County | 28 | 27 | 0 | 0.0% |
| Jasper County | 5 | 4 | 0 | 0.0% |
| Hamilton County | 5 | 5 | 0 | 0.0% |
| Marion County | 4 | 2 | 1 | 25.0% |
| LaPorte County | 4 | 4 | 0 | 0.0% |
| Newton County | 3 | 3 | 0 | 0.0% |
| Starke County | 3 | 2 | 0 | 0.0% |
| Howard County | 2 | 1 | 0 | 0.0% |
| Johnson County | 2 | 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: 213 applications in 2025, of which 182 were originated and 3 denied.
1.4% of all applications, or 1.6% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans BoxCar Mortgage originated in Indiana in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are BoxCar Mortgage'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