Citadel Servicing · Indiana · 2025

Citadel Servicing in Indiana: approval rate, denial rate and rates (2025)

Citadel Servicing took 99 mortgage applications in Indiana in 2025, ranking #270 of 1,025 lenders active in the state. It originated 48.5% of them and denied 6.1% (6.4% of the applications it decided), against a statewide denial rate of 16.6%.

99Applicationsin IN
6.4%Decision denial ratestate 20.1%
8.44%Median ratestate 6.75%
$115,000Median loanstate $155,000
$7.1MVolume18 counties

Citadel Servicing in Indiana vs the state

6.1%Denial rate-10.51 pts vs state
6.4%Decision denial rate-13.76 pts vs state
48.5%Origination rate-13.77 pts vs state
8.44%Median rate+1.69 pts vs state
2.42Rate spread (pts)+2.05 pts vs state
$104kMedian applicant income
48Loans originated
6Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202360345.0%9.13%#305
202462249.7%9.81%#314
202599486.1%8.44%#270

What Citadel Servicing lends in Indiana

By loan purpose

Home purchase 52 53% · 0.0% denied
Refinance 2 2% · 0.0% denied
Cash-out refinance 45 45% · 13.3% denied

By loan type

Conventional 99 100% · 6.1% denied

Why it denied Indiana applicants

Collateral 4 67%
Other 2 33%

Where in Indiana

Counties with the most Citadel Servicing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Delaware County 33136 18.2%
Marion County 24150 0.0%
Lake County 1070 0.0%
St. Joseph County 600 0.0%
Tippecanoe County 550 0.0%
Hamilton County 300 0.0%
Hendricks County 310 0.0%
Noble County 200 0.0%
DeKalb County 210 0.0%
Brown County 210 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: 99 applications in 2025, of which 48 were originated and 6 denied.

6.1% of all applications, or 6.4% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Citadel Servicing originated in Indiana in 2025 was 8.44%, against a statewide median of 6.75%.

About this data. Figures are Citadel Servicing'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