Rain City Capital in Indiana vs the state
41.3%Denial rate+24.73 pts vs state
41.3%Decision denial rate+21.16 pts vs state
58.7%Origination rate-3.55 pts vs state
7.63%Median rate+0.88 pts vs state
—Rate spread (pts)
$140kMedian applicant income
27Loans originated
19Denied
What Rain City Capital lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Rain City Capital applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Lake County | 3 | 3 | 0 | 0.0% |
| Delaware County | 1 | 0 | 1 | 100.0% |
| Allen County | 1 | 1 | 0 | 0.0% |
| Floyd County | 1 | 1 | 0 | 0.0% |
| Clark County | 1 | 1 | 0 | 0.0% |
| Vanderburgh County | 1 | 0 | 1 | 100.0% |
| Madison County | 1 | 0 | 1 | 100.0% |
| Howard County | 1 | 0 | 1 | 100.0% |
| St. Joseph County | 1 | 0 | 1 | 100.0% |
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: 46 applications in 2025, of which 27 were originated and 19 denied.
41.3% of all applications, or 41.3% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Rain City Capital originated in Indiana in 2025 was 7.63%, against a statewide median of 6.75%.
About this data. Figures are Rain City Capital'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