Primary Residential Mortgage in Indiana vs the state
3.8%Denial rate-12.78 pts vs state
5.4%Decision denial rate-14.71 pts vs state
65.9%Origination rate+3.66 pts vs state
6.63%Median rate-0.13 pts vs state
0.65Rate spread (pts)+0.28 pts vs state
$71kMedian applicant income
87Loans originated
5Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 164 | 109 | 7.3% | 7.13% | #199 |
| 2024 | 178 | 97 | 7.9% | 6.88% | #203 |
| 2025 | 132 | 87 | 3.8% | 6.63% | #241 |
What Primary Residential Mortgage lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Primary Residential Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Clark County | 16 | 8 | 0 | 0.0% |
| Marion County | 14 | 6 | 1 | 7.1% |
| Allen County | 13 | 9 | 0 | 0.0% |
| Tippecanoe County | 11 | 10 | 0 | 0.0% |
| Lake County | 9 | 9 | 0 | 0.0% |
| Floyd County | 6 | 3 | 0 | 0.0% |
| Vanderburgh County | 5 | 1 | 0 | 0.0% |
| Scott County | 4 | 3 | 0 | 0.0% |
| Elkhart County | 4 | 3 | 0 | 0.0% |
| Clinton County | 4 | 3 | 0 | 0.0% |
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% |
| Newrez | D | 5,421 | 18.2% | 6.63% |
| 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% |
Frequently asked questions
Indiana: 132 applications in 2025, of which 87 were originated and 5 denied.
3.8% of all applications, or 5.4% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Primary Residential Mortgage originated in Indiana in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are Primary Residential 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