Freedom Mortgage in Indiana vs the state
8.9%Denial rate-7.70 pts vs state
13.9%Decision denial rate-6.27 pts vs state
47.3%Origination rate-14.95 pts vs state
6.25%Median rate-0.50 pts vs state
0.28Rate spread (pts)-0.09 pts vs state
$81kMedian applicant income
2,580Loans originated
484Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,035 | 942 | 15.5% | 6.75% | #34 |
| 2024 | 4,124 | 2,090 | 11.4% | 6.38% | #12 |
| 2025 | 5,454 | 2,580 | 8.9% | 6.25% | #5 |
What Freedom Mortgage lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Freedom Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 721 | 346 | 59 | 8.2% |
| Lake County | 383 | 149 | 42 | 11.0% |
| Allen County | 247 | 129 | 18 | 7.3% |
| Hamilton County | 245 | 124 | 14 | 5.7% |
| Hendricks County | 242 | 119 | 24 | 9.9% |
| Clark County | 232 | 127 | 13 | 5.6% |
| Johnson County | 219 | 117 | 19 | 8.7% |
| St. Joseph County | 197 | 93 | 20 | 10.2% |
| Elkhart County | 175 | 66 | 19 | 10.9% |
| Porter County | 168 | 77 | 13 | 7.7% |
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% |
| 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% |
| The Huntington National Bank | D | 4,584 | 30.2% | 7.84% |
Frequently asked questions
Indiana: 5,454 applications in 2025, of which 2,580 were originated and 484 denied.
8.9% of all applications, or 13.9% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Freedom Mortgage originated in Indiana in 2025 was 6.25%, against a statewide median of 6.75%.
About this data. Figures are Freedom 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