Plaza Home Mortgage · Indiana · 2025

Plaza Home Mortgage in Indiana: approval rate, denial rate and rates (2025)

Plaza Home Mortgage took 683 mortgage applications in Indiana in 2025, ranking #93 of 1,025 lenders active in the state. It originated 71.6% of them and denied 20.6% (22.2% of the applications it decided), against a statewide denial rate of 16.6%.

683Applicationsin IN
22.2%Decision denial ratestate 20.1%
6.63%Median ratestate 6.75%
$195,000Median loanstate $155,000
$105MVolume63 counties

Plaza Home Mortgage in Indiana vs the state

20.6%Denial rate+4.07 pts vs state
22.2%Decision denial rate+2.10 pts vs state
71.6%Origination rate+9.35 pts vs state
6.63%Median rate-0.13 pts vs state
0.44Rate spread (pts)+0.08 pts vs state
$75kMedian applicant income
489Loans originated
141Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234533237.5%6.75%#105
202456438618.6%6.99%#98
202568348920.6%6.63%#93

What Plaza Home Mortgage lends in Indiana

By loan purpose

Home purchase 559 82% · 19.5% denied
Refinance 58 8% · 17.2% denied
Cash-out refinance 66 10% · 33.3% denied

By loan type

Conventional 347 51% · 17.0% denied
FHA 258 38% · 24.4% denied
VA 57 8% · 24.6% denied
USDA / RHS 21 3% · 23.8% denied

Why it denied Indiana applicants

Other 84 60%
Unverifiable information 21 15%
Collateral 11 8%
Debt-to-income ratio 10 7%
Insufficient cash 6 4%
Credit history 6 4%
Employment history 3 2%

Where in Indiana

Counties with the most Plaza Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Howard County 16012328 17.5%
Marion County 845623 27.4%
Vanderburgh County 564010 17.9%
Hamilton County 32292 6.3%
Hendricks County 22156 27.3%
Allen County 22154 18.2%
Cass County 21146 28.6%
Clark County 20125 25.0%
Daviess County 20163 15.0%
Knox County 16141 6.3%

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: 683 applications in 2025, of which 489 were originated and 141 denied.

20.6% of all applications, or 22.2% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

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

About this data. Figures are Plaza Home Mortgage'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