Provident Funding Associates · Indiana · 2025

Provident Funding Associates in Indiana: approval rate, denial rate and rates (2025)

Provident Funding Associates took 298 mortgage applications in Indiana in 2025, ranking #158 of 1,025 lenders active in the state. It originated 62.4% of them and denied 6.0% (8.7% of the applications it decided), against a statewide denial rate of 16.6%.

298Applicationsin IN
8.7%Decision denial ratestate 20.1%
6.38%Median ratestate 6.75%
$305,000Median loanstate $155,000
$63MVolume37 counties

Provident Funding Associates in Indiana vs the state

6.0%Denial rate-10.53 pts vs state
8.7%Decision denial rate-11.44 pts vs state
62.4%Origination rate+0.17 pts vs state
6.38%Median rate-0.38 pts vs state
-0.07Rate spread (pts)-0.44 pts vs state
$126kMedian applicant income
186Loans originated
18Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232251319.3%6.38%#164
20242701667.0%6.50%#155
20252981866.0%6.38%#158

What Provident Funding Associates lends in Indiana

By loan purpose

Home purchase 206 69% · 4.9% denied
Refinance 69 23% · 5.8% denied
Cash-out refinance 23 8% · 17.4% denied

By loan type

Conventional 298 100% · 6.0% denied

Why it denied Indiana applicants

Debt-to-income ratio 9 50%
Credit history 3 17%
Employment history 3 17%
Other 2 11%
Insufficient cash 1 6%

Where in Indiana

Counties with the most Provident Funding Associates applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hamilton County 76513 3.9%
Marion County 62446 9.7%
Clark County 20132 10.0%
Hendricks County 1591 6.7%
Morgan County 1281 8.3%
Boone County 1180 0.0%
Hancock County 1170 0.0%
Allen County 931 11.1%
Johnson County 850 0.0%
Lake County 751 14.3%

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: 298 applications in 2025, of which 186 were originated and 18 denied.

6.0% of all applications, or 8.7% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Provident Funding Associates originated in Indiana in 2025 was 6.38%, against a statewide median of 6.75%.

About this data. Figures are Provident Funding Associates'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