Neighborhood Loans in Indiana vs the state
55.4%Denial rate+38.81 pts vs state
65.5%Decision denial rate+45.31 pts vs state
24.6%Origination rate-37.63 pts vs state
8.75%Median rate+2.00 pts vs state
-6.64Rate spread (pts)-7.01 pts vs state
$82kMedian applicant income
16Loans originated
36Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 77 | 53 | 16.9% | 7.25% | #283 |
| 2024 | 158 | 101 | 27.2% | 6.99% | #216 |
| 2025 | 65 | 16 | 55.4% | 8.75% | #319 |
What Neighborhood Loans lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Neighborhood Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Lake County | 45 | 15 | 24 | 53.3% |
| Porter County | 4 | 1 | 2 | 50.0% |
| Marion County | 4 | 0 | 2 | 50.0% |
| Elkhart County | 3 | 0 | 3 | 100.0% |
| Kosciusko County | 2 | 0 | 2 | 100.0% |
| St. Joseph County | 2 | 0 | 0 | 0.0% |
| Allen County | 1 | 0 | 0 | 0.0% |
| Fulton County | 1 | 0 | 1 | 100.0% |
| Delaware County | 1 | 0 | 1 | 100.0% |
| Vanderburgh County | 1 | 0 | 0 | 0.0% |
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: 65 applications in 2025, of which 16 were originated and 36 denied.
55.4% of all applications, or 65.5% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Neighborhood Loans originated in Indiana in 2025 was 8.75%, against a statewide median of 6.75%.
About this data. Figures are Neighborhood Loans'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