Ruoff Mortgage Company · Indiana · 2025

Ruoff Mortgage Company in Indiana: approval rate, denial rate and rates (2025)

Ruoff Mortgage Company took 8,860 mortgage applications in Indiana in 2025, ranking #2 of 1,025 lenders active in the state. It originated 77.5% of them and denied 4.0% (4.4% of the applications it decided), against a statewide denial rate of 16.6%.

8.9kApplicationsin IN
4.4%Decision denial ratestate 20.1%
6.75%Median ratestate 6.75%
$195,000Median loanstate $155,000
$1.5BVolume87 counties

Ruoff Mortgage Company in Indiana vs the state

4.0%Denial rate-12.53 pts vs state
4.4%Decision denial rate-15.73 pts vs state
77.5%Origination rate+15.29 pts vs state
6.75%Median rate0.00 pts vs state
0.52Rate spread (pts)+0.15 pts vs state
$79kMedian applicant income
6,870Loans originated
358Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237,4555,5655.2%6.88%#2
20248,3936,3954.6%6.75%#2
20258,8606,8704.0%6.75%#2

What Ruoff Mortgage Company lends in Indiana

By loan purpose

Home purchase 7,600 86% · 2.8% denied
Refinance 592 7% · 8.3% denied
Cash-out refinance 668 8% · 14.2% denied

By loan type

Conventional 5,949 67% · 3.0% denied
FHA 2,241 25% · 7.2% denied
VA 421 5% · 3.3% denied
USDA / RHS 249 3% · 2.4% denied

Why it denied Indiana applicants

Debt-to-income ratio 111 31%
Collateral 91 25%
Credit history 87 24%
Employment history 27 8%
Insufficient cash 14 4%
Other 14 4%
Unverifiable information 13 4%
Incomplete application 1 0%

Where in Indiana

Counties with the most Ruoff Mortgage Company applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Allen County 1,16589850 4.3%
Marion County 63146623 3.6%
St. Joseph County 54242819 3.5%
Elkhart County 38229222 5.8%
Monroe County 33024815 4.5%
Hamilton County 3122458 2.6%
Delaware County 2902295 1.7%
Kosciusko County 2772133 1.1%
Grant County 27120813 4.8%
Madison County 2471849 3.6%

Other large lenders in Indiana

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 13,50318.6%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%
The Huntington National BankD 4,58430.2%7.84%

Frequently asked questions

Indiana: 8,860 applications in 2025, of which 6,870 were originated and 358 denied.

4.0% of all applications, or 4.4% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

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

About this data. Figures are Ruoff Mortgage Company'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