Mortgage Research Center in Indiana vs the state
19.0%Denial rate+2.38 pts vs state
27.7%Decision denial rate+7.58 pts vs state
48.7%Origination rate-13.60 pts vs state
6.25%Median rate-0.50 pts vs state
-0.18Rate spread (pts)-0.54 pts vs state
$84kMedian applicant income
2,331Loans originated
908Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,189 | 1,696 | 16.6% | 6.75% | #16 |
| 2024 | 3,943 | 2,186 | 16.3% | 6.63% | #14 |
| 2025 | 4,791 | 2,331 | 19.0% | 6.25% | #9 |
What Mortgage Research Center lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Mortgage Research Center applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 566 | 255 | 126 | 22.3% |
| Lake County | 300 | 138 | 57 | 19.0% |
| Allen County | 240 | 113 | 57 | 23.8% |
| St. Joseph County | 170 | 98 | 31 | 18.2% |
| Johnson County | 159 | 74 | 35 | 22.0% |
| Porter County | 140 | 72 | 27 | 19.3% |
| Hendricks County | 139 | 70 | 22 | 15.8% |
| Hamilton County | 136 | 60 | 20 | 14.7% |
| Madison County | 132 | 71 | 16 | 12.1% |
| Vanderburgh County | 127 | 73 | 21 | 16.5% |
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% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
| The Huntington National Bank | D | 4,584 | 30.2% | 7.84% |
Frequently asked questions
Indiana: 4,791 applications in 2025, of which 2,331 were originated and 908 denied.
19.0% of all applications, or 27.7% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Mortgage Research Center originated in Indiana in 2025 was 6.25%, against a statewide median of 6.75%.
About this data. Figures are Mortgage Research Center'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