Constructive Loans · Indiana · 2025

Constructive Loans in Indiana: approval rate, denial rate and rates (2025)

Constructive Loans took 14 mortgage applications in Indiana in 2025, ranking #502 of 1,025 lenders active in the state. It originated 85.7% of them and denied 7.1% (7.1% of the applications it decided), against a statewide denial rate of 16.6%.

14Applicationsin IN
7.1%Decision denial ratestate 20.1%
7.63%Median ratestate 6.75%
$115,000Median loanstate $155,000
$1.9MVolume9 counties

Constructive Loans in Indiana vs the state

7.1%Denial rate-9.43 pts vs state
7.1%Decision denial rate-13.00 pts vs state
85.7%Origination rate+23.46 pts vs state
7.63%Median rate+0.88 pts vs state
Rate spread (pts)
Median applicant income
12Loans originated
1Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202418120.0%7.31%#472
202514127.1%7.63%#502

What Constructive Loans lends in Indiana

By loan purpose

Home purchase 1 7% · 0.0% denied
Refinance 3 21% · 33.3% denied
Cash-out refinance 10 71% · 0.0% denied

By loan type

Conventional 14 100% · 7.1% denied

Why it denied Indiana applicants

Other 1 100%

Where in Indiana

Counties with the most Constructive Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lake County 440 0.0%
St. Joseph County 330 0.0%
Madison County 100 0.0%
Jackson County 110 0.0%
Harrison County 110 0.0%
Hamilton County 110 0.0%
Delaware County 101 100.0%
Marion County 110 0.0%
Floyd County 110 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: 14 applications in 2025, of which 12 were originated and 1 denied.

7.1% of all applications, or 7.1% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Constructive Loans originated in Indiana in 2025 was 7.63%, against a statewide median of 6.75%.

About this data. Figures are Constructive Loans'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