Royal United Mortgage · Indiana · 2025

Royal United Mortgage in Indiana: approval rate, denial rate and rates (2025)

Royal United Mortgage took 622 mortgage applications in Indiana in 2025, ranking #102 of 1,025 lenders active in the state. It originated 67.0% of them and denied 16.9% (19.7% of the applications it decided), against a statewide denial rate of 16.6%.

622Applicationsin IN
19.7%Decision denial ratestate 20.1%
6.75%Median ratestate 6.75%
$115,000Median loanstate $155,000
$59MVolume88 counties

Royal United Mortgage in Indiana vs the state

16.9%Denial rate+0.31 pts vs state
19.7%Decision denial rate-0.44 pts vs state
67.0%Origination rate+4.79 pts vs state
6.75%Median rate0.00 pts vs state
0.89Rate spread (pts)+0.52 pts vs state
$46kMedian applicant income
417Loans originated
105Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202358635725.9%7.00%#88
202465844021.0%6.88%#90
202562241716.9%6.75%#102

What Royal United Mortgage lends in Indiana

By loan purpose

Home purchase 57 9% · 8.8% denied
Refinance 565 91% · 17.7% denied

By loan type

Conventional 507 82% · 16.4% denied
FHA 86 14% · 22.1% denied
VA 28 5% · 10.7% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Indiana applicants

Collateral 41 39%
Incomplete application 35 33%
Debt-to-income ratio 13 12%
Credit history 7 7%
Employment history 4 4%
Unverifiable information 4 4%
Other 1 1%

Where in Indiana

Counties with the most Royal United Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 936319 20.4%
Allen County 27175 18.5%
St. Joseph County 25165 20.0%
Hamilton County 25212 8.0%
Lake County 24165 20.8%
Madison County 23165 21.7%
Johnson County 23152 8.7%
Delaware County 1983 15.8%
Vanderburgh County 1554 26.7%
Shelby County 15130 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: 622 applications in 2025, of which 417 were originated and 105 denied.

16.9% of all applications, or 19.7% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

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

About this data. Figures are Royal United 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