Mjw Financial in Indiana vs the state
2.2%Denial rate-14.33 pts vs state
2.9%Decision denial rate-17.25 pts vs state
75.1%Origination rate+12.84 pts vs state
6.62%Median rate-0.13 pts vs state
0.26Rate spread (pts)-0.10 pts vs state
$105kMedian applicant income
1,209Loans originated
36Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,553 | 1,155 | 1.4% | 6.99% | #48 |
| 2024 | 1,658 | 1,258 | 2.0% | 6.75% | #47 |
| 2025 | 1,610 | 1,209 | 2.2% | 6.62% | #53 |
What Mjw Financial lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Mjw Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 512 | 390 | 18 | 3.5% |
| Hamilton County | 310 | 235 | 2 | 0.6% |
| Hendricks County | 135 | 104 | 4 | 3.0% |
| Howard County | 116 | 80 | 3 | 2.6% |
| Hancock County | 79 | 64 | 0 | 0.0% |
| Johnson County | 78 | 67 | 1 | 1.3% |
| Boone County | 68 | 46 | 0 | 0.0% |
| Madison County | 40 | 28 | 1 | 2.5% |
| Tippecanoe County | 37 | 31 | 2 | 5.4% |
| Morgan County | 30 | 19 | 1 | 3.3% |
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: 1,610 applications in 2025, of which 1,209 were originated and 36 denied.
2.2% of all applications, or 2.9% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Mjw Financial originated in Indiana in 2025 was 6.62%, against a statewide median of 6.75%.
About this data. Figures are Mjw Financial'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