Loandepot.Com · Indiana · 2025

Loandepot.Com in Indiana: approval rate, denial rate and rates (2025)

Loandepot.Com took 3,137 mortgage applications in Indiana in 2025, ranking #21 of 1,025 lenders active in the state. It originated 54.0% of them and denied 26.2% (32.2% of the applications it decided), against a statewide denial rate of 16.6%.

3.1kApplicationsin IN
32.2%Decision denial ratestate 20.1%
6.99%Median ratestate 6.75%
$115,000Median loanstate $155,000
$276MVolume92 counties

Loandepot.Com in Indiana vs the state

26.2%Denial rate+9.60 pts vs state
32.2%Decision denial rate+12.02 pts vs state
54.0%Origination rate-8.28 pts vs state
6.99%Median rate+0.24 pts vs state
0.85Rate spread (pts)+0.49 pts vs state
$65kMedian applicant income
1,693Loans originated
821Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,76486832.7%6.63%#41
20242,5171,24429.8%6.75%#29
20253,1371,69326.2%6.99%#21

What Loandepot.Com lends in Indiana

By loan purpose

Home purchase 546 17% · 8.1% denied
Refinance 258 8% · 22.1% denied
Cash-out refinance 1,216 39% · 31.2% denied
Home improvement 176 6% · 21.6% denied
Other / HELOC 941 30% · 32.2% denied

By loan type

Conventional 1,936 62% · 21.5% denied
FHA 961 31% · 35.6% denied
VA 236 8% · 25.9% denied
USDA / RHS 4 0% · 25.0% denied

Why it denied Indiana applicants

Collateral 278 34%
Debt-to-income ratio 160 19%
Unverifiable information 124 15%
Incomplete application 96 12%
Credit history 92 11%
Other 53 6%
Insufficient cash 17 2%
Employment history 1 0%

Where in Indiana

Counties with the most Loandepot.Com applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 491262144 29.3%
Lake County 30815082 26.6%
Allen County 18211634 18.7%
Hendricks County 1388218 13.0%
Hamilton County 1287626 20.3%
St. Joseph County 1216131 25.6%
Madison County 875125 28.7%
Morgan County 79617 8.9%
Elkhart County 753424 32.0%
Johnson County 724611 15.3%

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: 3,137 applications in 2025, of which 1,693 were originated and 821 denied.

26.2% of all applications, or 32.2% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Loandepot.Com originated in Indiana in 2025 was 6.99%, against a statewide median of 6.75%.

About this data. Figures are Loandepot.Com'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