Mid-Continent Funding in Indiana vs the state
11.1%Denial rate-5.46 pts vs state
14.9%Decision denial rate-5.25 pts vs state
55.6%Origination rate-6.69 pts vs state
6.50%Median rate-0.25 pts vs state
0.20Rate spread (pts)-0.16 pts vs state
$69kMedian applicant income
35Loans originated
7Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 36 | 19 | 8.3% | 6.38% | #362 |
| 2024 | 29 | 17 | 6.9% | 6.13% | #407 |
| 2025 | 63 | 35 | 11.1% | 6.50% | #324 |
What Mid-Continent Funding lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Mid-Continent Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 11 | 6 | 0 | 0.0% |
| Allen County | 4 | 2 | 2 | 50.0% |
| Porter County | 4 | 3 | 1 | 25.0% |
| Howard County | 3 | 2 | 0 | 0.0% |
| Bartholomew County | 3 | 2 | 0 | 0.0% |
| St. Joseph County | 3 | 1 | 0 | 0.0% |
| Wayne County | 2 | 2 | 0 | 0.0% |
| Marshall County | 2 | 1 | 0 | 0.0% |
| Elkhart County | 2 | 1 | 1 | 50.0% |
| Lawrence County | 2 | 1 | 1 | 50.0% |
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: 63 applications in 2025, of which 35 were originated and 7 denied.
11.1% of all applications, or 14.9% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Mid-Continent Funding originated in Indiana in 2025 was 6.50%, against a statewide median of 6.75%.
About this data. Figures are Mid-Continent Funding'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