Filo Mortgage · Indiana · 2025

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

Filo Mortgage took 91 mortgage applications in Indiana in 2025, ranking #288 of 1,025 lenders active in the state. It originated 49.5% of them and denied 4.4% (7.4% of the applications it decided), against a statewide denial rate of 16.6%.

91Applicationsin IN
7.4%Decision denial ratestate 20.1%
6.50%Median ratestate 6.75%
$255,000Median loanstate $155,000
$13MVolume33 counties

Filo Mortgage in Indiana vs the state

4.4%Denial rate-12.17 pts vs state
7.4%Decision denial rate-12.73 pts vs state
49.5%Origination rate-12.80 pts vs state
6.50%Median rate-0.25 pts vs state
0.22Rate spread (pts)-0.14 pts vs state
$103kMedian applicant income
45Loans originated
4Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202328117.1%6.99%#390
202496413.1%6.63%#255
202591454.4%6.50%#288

What Filo Mortgage lends in Indiana

By loan purpose

Home purchase 44 48% · 4.6% denied
Refinance 19 21% · 0.0% denied
Cash-out refinance 26 29% · 7.7% denied
Home improvement 2 2% · 0.0% denied

By loan type

Conventional 62 68% · 1.6% denied
FHA 25 27% · 12.0% denied
VA 4 4% · 0.0% denied

Why it denied Indiana applicants

Debt-to-income ratio 2 50%
Collateral 1 25%
Credit history 1 25%

Where in Indiana

Counties with the most Filo Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 1450 0.0%
Hamilton County 1370 0.0%
Lake County 1060 0.0%
Tippecanoe County 540 0.0%
Allen County 420 0.0%
St. Joseph County 430 0.0%
Johnson County 300 0.0%
Dearborn County 320 0.0%
Bartholomew County 300 0.0%
Washington County 320 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: 91 applications in 2025, of which 45 were originated and 4 denied.

4.4% of all applications, or 7.4% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Filo Mortgage originated in Indiana in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are Filo 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