Lendage in Indiana vs the state
7.1%Denial rate-9.47 pts vs state
7.8%Decision denial rate-12.35 pts vs state
77.4%Origination rate+15.13 pts vs state
11.38%Median rate+4.63 pts vs state
5.29Rate spread (pts)+4.92 pts vs state
$112kMedian applicant income
349Loans originated
32Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 328 | 240 | 13.1% | 13.75% | #135 |
| 2024 | 480 | 373 | 11.0% | 13.25% | #112 |
| 2025 | 451 | 349 | 7.1% | 11.38% | #126 |
What Lendage lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Lendage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 42 | 31 | 4 | 9.5% |
| Lake County | 36 | 29 | 1 | 2.8% |
| Hamilton County | 35 | 27 | 3 | 8.6% |
| Allen County | 27 | 19 | 1 | 3.7% |
| Hendricks County | 21 | 19 | 1 | 4.8% |
| Johnson County | 20 | 12 | 2 | 10.0% |
| Porter County | 17 | 12 | 2 | 11.8% |
| St. Joseph County | 16 | 11 | 1 | 6.3% |
| Clark County | 16 | 11 | 1 | 6.3% |
| Tippecanoe County | 13 | 12 | 1 | 7.7% |
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: 451 applications in 2025, of which 349 were originated and 32 denied.
7.1% of all applications, or 7.8% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Lendage originated in Indiana in 2025 was 11.38%, against a statewide median of 6.75%.
About this data. Figures are Lendage'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