Credence Funding in Indiana vs the state
0.0%Denial rate-16.57 pts vs state
0.0%Decision denial rate-20.14 pts vs state
88.2%Origination rate+25.99 pts vs state
5.50%Median rate-1.25 pts vs state
-0.99Rate spread (pts)-1.35 pts vs state
—Median applicant income
15Loans originated
0Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5 | 4 | 0.0% | 5.69% | #621 |
| 2024 | 30 | 19 | 0.0% | 5.75% | #401 |
| 2025 | 17 | 15 | 0.0% | 5.50% | #482 |
What Credence Funding lends in Indiana
By loan purpose
By loan type
Where in Indiana
Counties with the most Credence Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 6 | 6 | 0 | 0.0% |
| Clark County | 3 | 3 | 0 | 0.0% |
| Hendricks County | 2 | 2 | 0 | 0.0% |
| St. Joseph County | 2 | 1 | 0 | 0.0% |
| Morgan County | 1 | 1 | 0 | 0.0% |
| Allen County | 1 | 1 | 0 | 0.0% |
| Johnson County | 1 | 0 | 0 | 0.0% |
| Wabash 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: 17 applications in 2025, of which 15 were originated and 0 denied.
0.0% of all applications, or 0.0% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Credence Funding originated in Indiana in 2025 was 5.50%, against a statewide median of 6.75%.
About this data. Figures are Credence Funding'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