Highlands Residential Mortgage · Indiana · 2025

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

Highlands Residential Mortgage took 109 mortgage applications in Indiana in 2025, ranking #260 of 1,025 lenders active in the state. It originated 83.5% of them and denied 1.8% (2.1% of the applications it decided), against a statewide denial rate of 16.6%.

109Applicationsin IN
2.1%Decision denial ratestate 20.1%
6.63%Median ratestate 6.75%
$325,000Median loanstate $155,000
$30MVolume16 counties

Highlands Residential Mortgage in Indiana vs the state

1.8%Denial rate-14.74 pts vs state
2.1%Decision denial rate-18.08 pts vs state
83.5%Origination rate+21.24 pts vs state
6.63%Median rate-0.13 pts vs state
0.15Rate spread (pts)-0.21 pts vs state
$124kMedian applicant income
91Loans originated
2Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231661242.4%6.88%#198
2024103871.0%6.88%#250
2025109911.8%6.63%#260

What Highlands Residential Mortgage lends in Indiana

By loan purpose

Home purchase 97 89% · 2.1% denied
Refinance 7 6% · 0.0% denied
Cash-out refinance 5 5% · 0.0% denied

By loan type

Conventional 79 72% · 2.5% denied
FHA 18 17% · 0.0% denied
VA 12 11% · 0.0% denied

Why it denied Indiana applicants

Debt-to-income ratio 1 50%
Other 1 50%

Where in Indiana

Counties with the most Highlands Residential Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hamilton County 48392 4.2%
Marion County 28260 0.0%
Boone County 1190 0.0%
Hendricks County 530 0.0%
Delaware County 320 0.0%
Johnson County 220 0.0%
Hancock County 210 0.0%
Madison County 220 0.0%
Montgomery County 110 0.0%
Henry County 110 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: 109 applications in 2025, of which 91 were originated and 2 denied.

1.8% of all applications, or 2.1% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Highlands Residential Mortgage originated in Indiana in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Highlands 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