Clearedge Lending in Indiana vs the state
27.6%Denial rate+11.02 pts vs state
36.4%Decision denial rate+16.22 pts vs state
44.8%Origination rate-17.42 pts vs state
7.50%Median rate+0.75 pts vs state
1.57Rate spread (pts)+1.20 pts vs state
$173kMedian applicant income
13Loans originated
8Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 18 | 10 | 33.3% | 8.69% | #441 |
| 2024 | 12 | 6 | 25.0% | 7.94% | #512 |
| 2025 | 29 | 13 | 27.6% | 7.50% | #414 |
What Clearedge Lending lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Clearedge Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 16 | 7 | 6 | 37.5% |
| Hamilton County | 3 | 2 | 0 | 0.0% |
| Monroe County | 1 | 1 | 0 | 0.0% |
| St. Joseph County | 1 | 0 | 0 | 0.0% |
| Johnson County | 1 | 0 | 1 | 100.0% |
| Kosciusko County | 1 | 1 | 0 | 0.0% |
| Fulton County | 1 | 0 | 0 | 0.0% |
| Lake County | 1 | 0 | 0 | 0.0% |
| Henry County | 1 | 0 | 1 | 100.0% |
| Tippecanoe County | 1 | 1 | 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: 29 applications in 2025, of which 13 were originated and 8 denied.
27.6% of all applications, or 36.4% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Clearedge Lending originated in Indiana in 2025 was 7.50%, against a statewide median of 6.75%.
About this data. Figures are Clearedge Lending'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