Milend in Indiana vs the state
10.2%Denial rate-6.41 pts vs state
34.7%Decision denial rate+14.53 pts vs state
18.0%Origination rate-44.28 pts vs state
6.38%Median rate-0.38 pts vs state
0.48Rate spread (pts)+0.12 pts vs state
$71kMedian applicant income
46Loans originated
26Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 58 | 14 | 8.6% | 6.38% | #320 |
| 2025 | 256 | 46 | 10.2% | 6.38% | #175 |
What Milend lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Milend applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 34 | 3 | 2 | 5.9% |
| Allen County | 17 | 2 | 3 | 17.6% |
| Hendricks County | 12 | 3 | 0 | 0.0% |
| Elkhart County | 12 | 1 | 0 | 0.0% |
| Lake County | 11 | 1 | 1 | 9.1% |
| Madison County | 10 | 2 | 1 | 10.0% |
| Hamilton County | 10 | 1 | 2 | 20.0% |
| St. Joseph County | 8 | 3 | 0 | 0.0% |
| Porter County | 8 | 3 | 1 | 12.5% |
| Morgan County | 7 | 1 | 2 | 28.6% |
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: 256 applications in 2025, of which 46 were originated and 26 denied.
10.2% of all applications, or 34.7% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Milend originated in Indiana in 2025 was 6.38%, against a statewide median of 6.75%.
About this data. Figures are Milend'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