Deephaven Mortgage · Indiana · 2025

Deephaven Mortgage in Indiana: approval rate, denial rate and rates (2025)

Deephaven Mortgage took 239 mortgage applications in Indiana in 2025, ranking #179 of 1,025 lenders active in the state. It originated 61.1% of them and denied 23.0% (26.7% of the applications it decided), against a statewide denial rate of 16.6%.

239Applicationsin IN
26.7%Decision denial ratestate 20.1%
7.75%Median ratestate 6.75%
$165,000Median loanstate $155,000
$28MVolume40 counties

Deephaven Mortgage in Indiana vs the state

23.0%Denial rate+6.44 pts vs state
26.7%Decision denial rate+6.56 pts vs state
61.1%Origination rate-1.16 pts vs state
7.75%Median rate+1.00 pts vs state
2.11Rate spread (pts)+1.74 pts vs state
$258kMedian applicant income
146Loans originated
55Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023563035.7%8.93%#312
20241287132.0%7.88%#228
202523914623.0%7.75%#179

What Deephaven Mortgage lends in Indiana

By loan purpose

Home purchase 106 44% · 17.9% denied
Refinance 24 10% · 62.5% denied
Cash-out refinance 38 16% · 13.2% denied
Home improvement 64 27% · 20.3% denied
Other / HELOC 7 3% · 42.9% denied

By loan type

Conventional 239 100% · 23.0% denied

Why it denied Indiana applicants

Unverifiable information 37 67%
Collateral 9 16%
Incomplete application 3 5%
Other 2 4%
Debt-to-income ratio 2 4%
Credit history 2 4%

Where in Indiana

Counties with the most Deephaven Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 614014 23.0%
Lake County 34218 23.5%
St. Joseph County 21144 19.0%
Hamilton County 1264 33.3%
Allen County 1054 40.0%
Jennings County 900 0.0%
Hendricks County 961 11.1%
Vanderburgh County 615 83.3%
Elkhart County 541 20.0%
Madison County 522 40.0%

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: 239 applications in 2025, of which 146 were originated and 55 denied.

23.0% of all applications, or 26.7% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Deephaven Mortgage originated in Indiana in 2025 was 7.75%, against a statewide median of 6.75%.

About this data. Figures are Deephaven Mortgage'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