Inspire Home Loans · Indiana · 2025

Inspire Home Loans in Indiana: approval rate, denial rate and rates (2025)

Inspire Home Loans took 130 mortgage applications in Indiana in 2025, ranking #242 of 1,025 lenders active in the state. It originated 67.7% of them and denied 6.2% (7.5% of the applications it decided), against a statewide denial rate of 16.6%.

130Applicationsin IN
7.5%Decision denial ratestate 20.1%
6.25%Median ratestate 6.75%
$245,000Median loanstate $155,000
$21MVolume5 counties

Inspire Home Loans in Indiana vs the state

6.2%Denial rate-10.42 pts vs state
7.5%Decision denial rate-12.66 pts vs state
67.7%Origination rate+5.44 pts vs state
6.25%Median rate-0.50 pts vs state
0.26Rate spread (pts)-0.11 pts vs state
$83kMedian applicant income
88Loans originated
8Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231156110.4%5.50%#231
20241659812.1%5.63%#211
2025130886.2%6.25%#242

What Inspire Home Loans lends in Indiana

By loan purpose

Home purchase 130 100% · 6.2% denied

By loan type

Conventional 42 32% · 0.0% denied
FHA 59 45% · 3.4% denied
VA 14 11% · 14.3% denied
USDA / RHS 15 12% · 26.7% denied

Why it denied Indiana applicants

Credit history 4 50%
Debt-to-income ratio 2 25%
Other 1 13%
Unverifiable information 1 13%

Where in Indiana

Counties with the most Inspire Home Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
LaPorte County 38284 10.5%
Clark County 34273 8.8%
Porter County 32170 0.0%
Floyd County 13110 0.0%
Harrison County 1351 7.7%

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: 130 applications in 2025, of which 88 were originated and 8 denied.

6.2% of all applications, or 7.5% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Inspire Home Loans originated in Indiana in 2025 was 6.25%, against a statewide median of 6.75%.

About this data. Figures are Inspire Home Loans'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