Home Mortgage Alliance Corporation (HMAC) in Indiana vs the state
15.4%Denial rate-1.19 pts vs state
40.0%Decision denial rate+19.86 pts vs state
23.1%Origination rate-39.17 pts vs state
8.13%Median rate+1.38 pts vs state
1.04Rate spread (pts)+0.67 pts vs state
$123kMedian applicant income
3Loans originated
2Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 20 | 10 | 5.0% | 7.63% | #433 |
| 2024 | 23 | 15 | 0.0% | 7.63% | #435 |
| 2025 | 13 | 3 | 15.4% | 8.13% | #515 |
What Home Mortgage Alliance Corporation (HMAC) lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Home Mortgage Alliance Corporation (HMAC) applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hamilton County | 3 | 0 | 0 | 0.0% |
| St. Joseph County | 3 | 1 | 0 | 0.0% |
| Lake County | 2 | 0 | 0 | 0.0% |
| Boone County | 1 | 1 | 0 | 0.0% |
| Henry County | 1 | 0 | 1 | 100.0% |
| Madison County | 1 | 1 | 0 | 0.0% |
| Tippecanoe County | 1 | 0 | 0 | 0.0% |
| Marion County | 1 | 0 | 1 | 100.0% |
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: 13 applications in 2025, of which 3 were originated and 2 denied.
15.4% of all applications, or 40.0% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Home Mortgage Alliance Corporation (HMAC) originated in Indiana in 2025 was 8.13%, against a statewide median of 6.75%.
About this data. Figures are Home Mortgage Alliance Corporation (HMAC)'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