Broker Solutions in Indiana vs the state
10.4%Denial rate-6.16 pts vs state
22.2%Decision denial rate+2.04 pts vs state
35.8%Origination rate-26.42 pts vs state
6.99%Median rate+0.24 pts vs state
1.01Rate spread (pts)+0.64 pts vs state
$71kMedian applicant income
1,163Loans originated
338Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,727 | 627 | 11.7% | 7.00% | #42 |
| 2024 | 2,606 | 934 | 12.1% | 7.06% | #26 |
| 2025 | 3,246 | 1,163 | 10.4% | 6.99% | #20 |
What Broker Solutions lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Broker Solutions applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 531 | 187 | 60 | 11.3% |
| Lake County | 326 | 131 | 33 | 10.1% |
| Hamilton County | 147 | 51 | 18 | 12.2% |
| Madison County | 114 | 50 | 10 | 8.8% |
| Allen County | 108 | 31 | 17 | 15.7% |
| Morgan County | 97 | 51 | 3 | 3.1% |
| Hendricks County | 87 | 29 | 8 | 9.2% |
| St. Joseph County | 84 | 20 | 15 | 17.9% |
| Delaware County | 80 | 36 | 7 | 8.8% |
| Tippecanoe County | 73 | 21 | 6 | 8.2% |
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: 3,246 applications in 2025, of which 1,163 were originated and 338 denied.
10.4% of all applications, or 22.2% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Broker Solutions originated in Indiana in 2025 was 6.99%, against a statewide median of 6.75%.
About this data. Figures are Broker 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