Rocket Mortgage in Indiana vs the state
18.6%Denial rate+2.00 pts vs state
19.9%Decision denial rate-0.26 pts vs state
72.1%Origination rate+9.85 pts vs state
6.75%Median rate0.00 pts vs state
0.67Rate spread (pts)+0.31 pts vs state
$79kMedian applicant income
9,736Loans originated
2,508Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 8,921 | 6,462 | 18.6% | 6.63% | #1 |
| 2024 | 11,102 | 8,262 | 17.0% | 6.63% | #1 |
| 2025 | 13,503 | 9,736 | 18.6% | 6.75% | #1 |
What Rocket Mortgage lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Rocket Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 1,905 | 1,340 | 373 | 19.6% |
| Lake County | 1,049 | 748 | 210 | 20.0% |
| Hamilton County | 844 | 653 | 111 | 13.2% |
| Allen County | 605 | 430 | 114 | 18.8% |
| St. Joseph County | 527 | 391 | 95 | 18.0% |
| Hendricks County | 485 | 368 | 79 | 16.3% |
| Clark County | 454 | 351 | 58 | 12.8% |
| Porter County | 403 | 320 | 43 | 10.7% |
| Johnson County | 368 | 276 | 64 | 17.4% |
| Elkhart County | 343 | 245 | 62 | 18.1% |
Other large lenders in Indiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| 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% |
| The Huntington National Bank | D | 4,584 | 30.2% | 7.84% |
Frequently asked questions
Indiana: 13,503 applications in 2025, of which 9,736 were originated and 2,508 denied.
18.6% of all applications, or 19.9% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Rocket Mortgage originated in Indiana in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are Rocket 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