Mycumortgage · Indiana · 2025

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

Mycumortgage took 59 mortgage applications in Indiana in 2025, ranking #334 of 1,025 lenders active in the state. It originated 40.7% of them and denied 20.3% (27.3% of the applications it decided), against a statewide denial rate of 16.6%.

59Applicationsin IN
27.3%Decision denial ratestate 20.1%
6.25%Median ratestate 6.75%
$115,000Median loanstate $155,000
$4.0MVolume11 counties

Mycumortgage in Indiana vs the state

20.3%Denial rate+3.77 pts vs state
27.3%Decision denial rate+7.13 pts vs state
40.7%Origination rate-21.57 pts vs state
6.25%Median rate-0.50 pts vs state
0.52Rate spread (pts)+0.15 pts vs state
$57kMedian applicant income
24Loans originated
12Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023612724.6%7.50%#303
2024875321.8%6.75%#268
2025592420.3%6.25%#334

What Mycumortgage lends in Indiana

By loan purpose

Home purchase 45 76% · 15.6% denied
Refinance 3 5% · 33.3% denied
Cash-out refinance 11 19% · 36.4% denied

By loan type

Conventional 31 53% · 25.8% denied
FHA 24 41% · 8.3% denied
VA 1 2% · 100.0% denied
USDA / RHS 3 5% · 33.3% denied

Why it denied Indiana applicants

Debt-to-income ratio 4 33%
Collateral 3 25%
Credit history 2 17%
Employment history 2 17%
Insufficient cash 1 8%

Where in Indiana

Counties with the most Mycumortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wayne County 1664 25.0%
Fayette County 1261 8.3%
Henry County 1114 36.4%
Vigo County 320 0.0%
Franklin County 312 66.7%
Dearborn County 320 0.0%
Lake County 320 0.0%
Randolph County 310 0.0%
Delaware County 211 50.0%
Marion 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: 59 applications in 2025, of which 24 were originated and 12 denied.

20.3% of all applications, or 27.3% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Mycumortgage originated in Indiana in 2025 was 6.25%, against a statewide median of 6.75%.

About this data. Figures are Mycumortgage'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