First Colony Mortgage in Indiana vs the state
5.1%Denial rate-11.49 pts vs state
5.9%Decision denial rate-14.26 pts vs state
55.9%Origination rate-6.32 pts vs state
6.25%Median rate-0.50 pts vs state
0.07Rate spread (pts)-0.30 pts vs state
$100kMedian applicant income
33Loans originated
3Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 35 | 21 | 2.9% | 6.75% | #380 |
| 2025 | 59 | 33 | 5.1% | 6.25% | #337 |
What First Colony Mortgage lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most First Colony Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Floyd County | 13 | 5 | 1 | 7.7% |
| Hamilton County | 12 | 9 | 0 | 0.0% |
| Clark County | 10 | 7 | 0 | 0.0% |
| Marion County | 5 | 5 | 0 | 0.0% |
| Harrison County | 5 | 1 | 1 | 20.0% |
| Washington County | 2 | 2 | 0 | 0.0% |
| St. Joseph County | 2 | 0 | 1 | 50.0% |
| Hendricks County | 1 | 0 | 0 | 0.0% |
| Hancock County | 1 | 1 | 0 | 0.0% |
| Madison County | 1 | 0 | 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: 59 applications in 2025, of which 33 were originated and 3 denied.
5.1% of all applications, or 5.9% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans First Colony Mortgage originated in Indiana in 2025 was 6.25%, against a statewide median of 6.75%.
About this data. Figures are First Colony 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