Gvc Mortgage · Indiana · 2025

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

Gvc Mortgage took 4,042 mortgage applications in Indiana in 2025, ranking #15 of 1,025 lenders active in the state. It originated 79.9% of them and denied 2.4% (2.8% of the applications it decided), against a statewide denial rate of 16.6%.

4.0kApplicationsin IN
2.8%Decision denial ratestate 20.1%
6.75%Median ratestate 6.75%
$225,000Median loanstate $155,000
$805MVolume85 counties

Gvc Mortgage in Indiana vs the state

2.4%Denial rate-14.22 pts vs state
2.8%Decision denial rate-17.31 pts vs state
79.9%Origination rate+17.69 pts vs state
6.75%Median rate0.00 pts vs state
0.55Rate spread (pts)+0.19 pts vs state
$83kMedian applicant income
3,231Loans originated
95Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,6012,9133.1%7.13%#13
20243,8153,1451.8%6.88%#15
20254,0423,2312.4%6.75%#15

What Gvc Mortgage lends in Indiana

By loan purpose

Home purchase 3,523 87% · 2.2% denied
Refinance 316 8% · 1.3% denied
Cash-out refinance 203 5% · 6.4% denied

By loan type

Conventional 2,688 67% · 1.6% denied
FHA 938 23% · 4.7% denied
VA 200 5% · 1.5% denied
USDA / RHS 216 5% · 2.3% denied

Why it denied Indiana applicants

Debt-to-income ratio 37 39%
Collateral 24 25%
Credit history 15 16%
Employment history 7 7%
Insufficient cash 6 6%
Unverifiable information 4 4%
Other 2 2%

Where in Indiana

Counties with the most Gvc Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 70557814 2.0%
Hamilton County 3062574 1.3%
Johnson County 2992403 1.0%
Allen County 29823012 4.0%
Morgan County 1661340 0.0%
Hendricks County 1611324 2.5%
Howard County 1371133 2.2%
Madison County 1371093 2.2%
Shelby County 115903 2.6%
Bartholomew County 112863 2.7%

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: 4,042 applications in 2025, of which 3,231 were originated and 95 denied.

2.4% of all applications, or 2.8% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

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

About this data. Figures are Gvc 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