Newrez in Indiana vs the state
18.2%Denial rate+1.58 pts vs state
31.7%Decision denial rate+11.52 pts vs state
38.4%Origination rate-23.88 pts vs state
6.63%Median rate-0.13 pts vs state
0.57Rate spread (pts)+0.21 pts vs state
$80kMedian applicant income
2,080Loans originated
984Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,426 | 1,711 | 15.1% | 7.13% | #15 |
| 2024 | 4,706 | 2,071 | 15.2% | 6.75% | #9 |
| 2025 | 5,421 | 2,080 | 18.2% | 6.63% | #6 |
What Newrez lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Newrez applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 930 | 335 | 182 | 19.6% |
| Hamilton County | 392 | 153 | 59 | 15.1% |
| Lake County | 333 | 115 | 78 | 23.4% |
| Allen County | 266 | 84 | 49 | 18.4% |
| Hendricks County | 238 | 75 | 51 | 21.4% |
| Johnson County | 214 | 100 | 38 | 17.8% |
| Madison County | 205 | 68 | 40 | 19.5% |
| Hancock County | 171 | 68 | 32 | 18.7% |
| Delaware County | 147 | 66 | 24 | 16.3% |
| Wayne County | 146 | 86 | 21 | 14.4% |
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% |
| 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% |
| The Huntington National Bank | D | 4,584 | 30.2% | 7.84% |
Frequently asked questions
Indiana: 5,421 applications in 2025, of which 2,080 were originated and 984 denied.
18.2% of all applications, or 31.7% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Newrez originated in Indiana in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are Newrez'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