Investor Mortgage Finance in Indiana vs the state
20.6%Denial rate+4.02 pts vs state
28.6%Decision denial rate+8.43 pts vs state
51.5%Origination rate-10.78 pts vs state
7.28%Median rate+0.53 pts vs state
—Rate spread (pts)
—Median applicant income
35Loans originated
14Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 68 | 35 | 29.4% | 7.73% | #302 |
| 2025 | 68 | 35 | 20.6% | 7.28% | #315 |
What Investor Mortgage Finance lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
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: 68 applications in 2025, of which 35 were originated and 14 denied.
20.6% of all applications, or 28.6% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Investor Mortgage Finance originated in Indiana in 2025 was 7.28%, against a statewide median of 6.75%.
About this data. Figures are Investor Mortgage Finance'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