Home Loan Investment Bank · Indiana · 2025

Home Loan Investment Bank in Indiana: approval rate, denial rate and rates (2025)

Home Loan Investment Bank took 23 mortgage applications in Indiana in 2025, ranking #441 of 1,025 lenders active in the state. It originated 26.1% of them and denied 34.8% (57.1% of the applications it decided), against a statewide denial rate of 16.6%.

23Applicationsin IN
57.1%Decision denial ratestate 20.1%
8.10%Median ratestate 6.75%
$25,000Median loanstate $155,000
$270kVolume11 counties

Home Loan Investment Bank in Indiana vs the state

34.8%Denial rate+18.21 pts vs state
57.1%Decision denial rate+37.00 pts vs state
26.1%Origination rate-36.16 pts vs state
8.10%Median rate+1.35 pts vs state
3.91Rate spread (pts)+3.54 pts vs state
$88kMedian applicant income
6Loans originated
8Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023441422.7%7.73%#331
2024421533.3%7.95%#358
202523634.8%8.10%#441

What Home Loan Investment Bank lends in Indiana

By loan purpose

Home purchase 1 4% · 0.0% denied
Cash-out refinance 1 4% · 0.0% denied
Home improvement 21 91% · 38.1% denied

By loan type

Conventional 1 4% · 0.0% denied
FHA 22 96% · 36.4% denied

Why it denied Indiana applicants

Debt-to-income ratio 6 75%
Credit history 2 25%

Where in Indiana

Counties with the most Home Loan Investment Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lake County 932 22.2%
Marion County 302 66.7%
Pulaski County 201 50.0%
LaPorte County 211 50.0%
Henry County 100 0.0%
Hendricks County 101 100.0%
Fulton County 110 0.0%
Knox County 100 0.0%
Elkhart County 101 100.0%
Johnson 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: 23 applications in 2025, of which 6 were originated and 8 denied.

34.8% of all applications, or 57.1% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Home Loan Investment Bank originated in Indiana in 2025 was 8.10%, against a statewide median of 6.75%.

About this data. Figures are Home Loan Investment Bank'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