Residential Wholesale Mortgage · Indiana · 2025

Residential Wholesale Mortgage in Indiana: approval rate, denial rate and rates (2025)

Residential Wholesale Mortgage took 18 mortgage applications in Indiana in 2025, ranking #471 of 1,025 lenders active in the state. It originated 44.4% of them and denied 22.2% (33.3% of the applications it decided), against a statewide denial rate of 16.6%.

18Applicationsin IN
33.3%Decision denial ratestate 20.1%
6.75%Median ratestate 6.75%
$200,000Median loanstate $155,000
$1.5MVolume6 counties

Residential Wholesale Mortgage in Indiana vs the state

22.2%Denial rate+5.65 pts vs state
33.3%Decision denial rate+13.19 pts vs state
44.4%Origination rate-17.81 pts vs state
6.75%Median rate0.00 pts vs state
0.52Rate spread (pts)+0.16 pts vs state
$74kMedian applicant income
8Loans originated
4Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20246316.7%6.50%#581
202518822.2%6.75%#471

What Residential Wholesale Mortgage lends in Indiana

By loan purpose

Home purchase 12 67% · 16.7% denied
Refinance 1 6% · 100.0% denied
Cash-out refinance 5 28% · 20.0% denied

By loan type

Conventional 12 67% · 33.3% denied
FHA 4 22% · 0.0% denied
VA 1 6% · 0.0% denied
USDA / RHS 1 6% · 0.0% denied

Why it denied Indiana applicants

Debt-to-income ratio 4 100%

Where in Indiana

Counties with the most Residential Wholesale Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lake County 623 50.0%
Porter County 501 20.0%
Jasper County 210 0.0%
Henry County 220 0.0%
Marion County 220 0.0%
St. Joseph County 110 0.0%

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: 18 applications in 2025, of which 8 were originated and 4 denied.

22.2% of all applications, or 33.3% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Residential Wholesale Mortgage originated in Indiana in 2025 was 6.75%, against a statewide median of 6.75%.

About this data. Figures are Residential Wholesale 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