OCMBC · Indiana · 2025

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

OCMBC took 278 mortgage applications in Indiana in 2025, ranking #167 of 1,025 lenders active in the state. It originated 54.7% of them and denied 7.6% (10.8% of the applications it decided), against a statewide denial rate of 16.6%.

278Applicationsin IN
10.8%Decision denial ratestate 20.1%
7.50%Median ratestate 6.75%
$175,000Median loanstate $155,000
$28MVolume38 counties

OCMBC in Indiana vs the state

7.6%Denial rate-9.02 pts vs state
10.8%Decision denial rate-9.37 pts vs state
54.7%Origination rate-7.57 pts vs state
7.50%Median rate+0.75 pts vs state
1.09Rate spread (pts)+0.72 pts vs state
$88kMedian applicant income
152Loans originated
21Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023794025.3%8.63%#278
20241667625.3%7.94%#209
20252781527.6%7.50%#167

What OCMBC lends in Indiana

By loan purpose

Home purchase 165 59% · 7.9% denied
Refinance 22 8% · 9.1% denied
Cash-out refinance 91 33% · 6.6% denied

By loan type

Conventional 238 86% · 8.0% denied
FHA 38 14% · 5.3% denied
VA 2 1% · 0.0% denied

Why it denied Indiana applicants

Other 5 24%
Incomplete application 5 24%
Credit history 4 19%
Collateral 4 19%
Insufficient cash 1 5%
Debt-to-income ratio 1 5%
Unverifiable information 1 5%

Where in Indiana

Counties with the most OCMBC applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 135796 4.4%
Lake County 34133 8.8%
Tippecanoe County 17120 0.0%
Allen County 1251 8.3%
Hendricks County 722 28.6%
Harrison County 730 0.0%
Clark County 632 33.3%
Orange County 660 0.0%
St. Joseph County 411 25.0%
LaPorte County 330 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: 278 applications in 2025, of which 152 were originated and 21 denied.

7.6% of all applications, or 10.8% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans OCMBC originated in Indiana in 2025 was 7.50%, against a statewide median of 6.75%.

About this data. Figures are OCMBC'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