Bpl Mortgage Trust · Indiana · 2025

Bpl Mortgage Trust in Indiana: approval rate, denial rate and rates (2025)

Bpl Mortgage Trust took 298 mortgage applications in Indiana in 2025, ranking #159 of 1,025 lenders active in the state. It originated 69.8% of them and denied 14.8% (15.6% of the applications it decided), against a statewide denial rate of 16.6%.

298Applicationsin IN
15.6%Decision denial ratestate 20.1%
7.50%Median ratestate 6.75%
$115,000Median loanstate $155,000
$27MVolume32 counties

Bpl Mortgage Trust in Indiana vs the state

14.8%Denial rate-1.80 pts vs state
15.6%Decision denial rate-4.59 pts vs state
69.8%Origination rate+7.55 pts vs state
7.50%Median rate+0.75 pts vs state
Rate spread (pts)
Median applicant income
208Loans originated
44Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231641255.5%8.25%#200
20242732077.0%7.63%#154
202529820814.8%7.50%#159

What Bpl Mortgage Trust lends in Indiana

By loan purpose

Home purchase 78 26% · 19.2% denied
Refinance 46 15% · 13.0% denied
Cash-out refinance 174 58% · 13.2% denied

By loan type

Conventional 298 100% · 14.8% denied

Why it denied Indiana applicants

Other 22 50%
Collateral 12 27%
Incomplete application 4 9%
Unverifiable information 3 7%
Credit history 2 5%
Insufficient cash 1 2%

Where in Indiana

Counties with the most Bpl Mortgage Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lake County 836410 12.0%
Marion County 806013 16.3%
St. Joseph County 1574 26.7%
Tippecanoe County 1450 0.0%
Madison County 14104 28.6%
Vanderburgh County 1381 7.7%
Delaware County 1061 10.0%
Allen County 943 33.3%
Floyd County 752 28.6%
Howard County 760 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: 298 applications in 2025, of which 208 were originated and 44 denied.

14.8% of all applications, or 15.6% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Bpl Mortgage Trust originated in Indiana in 2025 was 7.50%, against a statewide median of 6.75%.

About this data. Figures are Bpl Mortgage Trust'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