Mortgage Right · Indiana · 2025

Mortgage Right in Indiana: approval rate, denial rate and rates (2025)

Mortgage Right took 75 mortgage applications in Indiana in 2025, ranking #307 of 1,025 lenders active in the state. It originated 64.0% of them and denied 2.7% (4.0% of the applications it decided), against a statewide denial rate of 16.6%.

75Applicationsin IN
4.0%Decision denial ratestate 20.1%
6.63%Median ratestate 6.75%
$315,000Median loanstate $155,000
$15MVolume26 counties

Mortgage Right in Indiana vs the state

2.7%Denial rate-13.90 pts vs state
4.0%Decision denial rate-16.14 pts vs state
64.0%Origination rate+1.75 pts vs state
6.63%Median rate-0.13 pts vs state
0.37Rate spread (pts)0.00 pts vs state
$106kMedian applicant income
48Loans originated
2Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202320165.0%7.50%#434
202474504.1%6.75%#293
202575482.7%6.63%#307

What Mortgage Right lends in Indiana

By loan purpose

Home purchase 38 51% · 2.6% denied
Refinance 18 24% · 0.0% denied
Cash-out refinance 19 25% · 5.3% denied

By loan type

Conventional 28 37% · 0.0% denied
FHA 30 40% · 3.3% denied
VA 17 23% · 5.9% denied

Why it denied Indiana applicants

Debt-to-income ratio 1 50%
Credit history 1 50%

Where in Indiana

Counties with the most Mortgage Right applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hendricks County 22181 4.5%
Marion County 1150 0.0%
Clark County 550 0.0%
Lake County 400 0.0%
Hamilton County 430 0.0%
Porter County 300 0.0%
Tippecanoe County 320 0.0%
Allen County 210 0.0%
Delaware County 210 0.0%
Hancock County 210 0.0%

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: 75 applications in 2025, of which 48 were originated and 2 denied.

2.7% of all applications, or 4.0% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Mortgage Right originated in Indiana in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Mortgage Right'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