Performance Equity Partners · Indiana · 2025

Performance Equity Partners in Indiana: approval rate, denial rate and rates (2025)

Performance Equity Partners took 140 mortgage applications in Indiana in 2025, ranking #236 of 1,025 lenders active in the state. It originated 19.3% of them and denied 65.0% (68.9% of the applications it decided), against a statewide denial rate of 16.6%.

140Applicationsin IN
68.9%Decision denial ratestate 20.1%
12.63%Median ratestate 6.75%
$55,000Median loanstate $155,000
$1.2MVolume0 counties

Performance Equity Partners in Indiana vs the state

65.0%Denial rate+48.43 pts vs state
68.9%Decision denial rate+48.80 pts vs state
19.3%Origination rate-42.96 pts vs state
12.63%Median rate+5.88 pts vs state
8.42Rate spread (pts)+8.05 pts vs state
$42kMedian applicant income
27Loans originated
91Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023911249.5%13.20%#265
2024831756.6%12.80%#281
20251402765.0%12.63%#236

What Performance Equity Partners lends in Indiana

By loan purpose

Home purchase 140 100% · 65.0% denied

By loan type

Conventional 140 100% · 65.0% denied

Why it denied Indiana applicants

Debt-to-income ratio 69 76%
Credit history 14 15%
Employment history 5 5%
Other 2 2%
Unverifiable information 1 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: 140 applications in 2025, of which 27 were originated and 91 denied.

65.0% of all applications, or 68.9% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Performance Equity Partners originated in Indiana in 2025 was 12.63%, against a statewide median of 6.75%.

About this data. Figures are Performance Equity Partners'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