Paramount Residential Mortgage Group · Indiana · 2025

Paramount Residential Mortgage Group in Indiana: approval rate, denial rate and rates (2025)

Paramount Residential Mortgage Group took 291 mortgage applications in Indiana in 2025, ranking #162 of 1,025 lenders active in the state. It originated 70.1% of them and denied 3.4% (4.7% of the applications it decided), against a statewide denial rate of 16.6%.

291Applicationsin IN
4.7%Decision denial ratestate 20.1%
6.63%Median ratestate 6.75%
$215,000Median loanstate $155,000
$47MVolume57 counties

Paramount Residential Mortgage Group in Indiana vs the state

3.4%Denial rate-13.13 pts vs state
4.7%Decision denial rate-15.47 pts vs state
70.1%Origination rate+7.85 pts vs state
6.63%Median rate-0.13 pts vs state
0.57Rate spread (pts)+0.20 pts vs state
$80kMedian applicant income
204Loans originated
10Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231581101.9%7.13%#206
20242021372.5%6.99%#189
20252912043.4%6.63%#162

What Paramount Residential Mortgage Group lends in Indiana

By loan purpose

Home purchase 248 85% · 4.0% denied
Refinance 26 9% · 0.0% denied
Cash-out refinance 14 5% · 0.0% denied
Home improvement 2 1% · 0.0% denied
Other / HELOC 1 0% · 0.0% denied

By loan type

Conventional 78 27% · 2.6% denied
FHA 133 46% · 0.8% denied
VA 26 9% · 7.7% denied
USDA / RHS 54 19% · 9.3% denied

Why it denied Indiana applicants

Debt-to-income ratio 6 60%
Other 2 20%
Credit history 1 10%
Insufficient cash 1 10%

Where in Indiana

Counties with the most Paramount Residential Mortgage Group applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lawrence County 41291 2.4%
Clark County 26131 3.8%
Floyd County 18170 0.0%
Lake County 18100 0.0%
Marion County 17120 0.0%
Vanderburgh County 13110 0.0%
Monroe County 13100 0.0%
Hamilton County 1281 8.3%
Knox County 12101 8.3%
Orange County 1181 9.1%

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: 291 applications in 2025, of which 204 were originated and 10 denied.

3.4% of all applications, or 4.7% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

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

About this data. Figures are Paramount Residential Mortgage Group'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