Diamond Residential Mortgage · Indiana · 2025

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

Diamond Residential Mortgage took 667 mortgage applications in Indiana in 2025, ranking #95 of 1,025 lenders active in the state. It originated 83.5% of them and denied 2.1% (2.3% of the applications it decided), against a statewide denial rate of 16.6%.

667Applicationsin IN
2.3%Decision denial ratestate 20.1%
6.81%Median ratestate 6.75%
$215,000Median loanstate $155,000
$129MVolume35 counties

Diamond Residential Mortgage in Indiana vs the state

2.1%Denial rate-14.47 pts vs state
2.3%Decision denial rate-17.86 pts vs state
83.5%Origination rate+21.26 pts vs state
6.81%Median rate+0.06 pts vs state
0.59Rate spread (pts)+0.22 pts vs state
$85kMedian applicant income
557Loans originated
14Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237496012.7%7.13%#80
20247045572.6%6.99%#87
20256675572.1%6.81%#95

What Diamond Residential Mortgage lends in Indiana

By loan purpose

Home purchase 546 82% · 1.7% denied
Refinance 50 7% · 0.0% denied
Cash-out refinance 50 7% · 6.0% denied
Other / HELOC 21 3% · 9.5% denied

By loan type

Conventional 487 73% · 2.1% denied
FHA 151 23% · 2.0% denied
VA 26 4% · 0.0% denied
USDA / RHS 3 0% · 33.3% denied

Why it denied Indiana applicants

Debt-to-income ratio 4 29%
Credit history 3 21%
Employment history 3 21%
Collateral 1 7%
Unverifiable information 1 7%
Insufficient cash 1 7%
Other 1 7%

Where in Indiana

Counties with the most Diamond Residential Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Porter County 1931673 1.6%
Lake County 1891577 3.7%
Allen County 1221031 0.8%
LaPorte County 47380 0.0%
Jasper County 19171 5.3%
Starke County 1290 0.0%
DeKalb County 1090 0.0%
Whitley County 980 0.0%
Noble County 840 0.0%
Newton County 641 16.7%

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: 667 applications in 2025, of which 557 were originated and 14 denied.

2.1% of all applications, or 2.3% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Diamond Residential Mortgage originated in Indiana in 2025 was 6.81%, against a statewide median of 6.75%.

About this data. Figures are Diamond Residential 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