Success Lending · Indiana · 2025

Success Lending in Indiana: approval rate, denial rate and rates (2025)

Success Lending took 62 mortgage applications in Indiana in 2025, ranking #325 of 1,025 lenders active in the state. It originated 75.8% of them and denied 8.1% (9.6% of the applications it decided), against a statewide denial rate of 16.6%.

62Applicationsin IN
9.6%Decision denial ratestate 20.1%
6.25%Median ratestate 6.75%
$255,000Median loanstate $155,000
$13MVolume18 counties

Success Lending in Indiana vs the state

8.1%Denial rate-8.51 pts vs state
9.6%Decision denial rate-10.52 pts vs state
75.8%Origination rate+13.56 pts vs state
6.25%Median rate-0.50 pts vs state
0.12Rate spread (pts)-0.25 pts vs state
$104kMedian applicant income
47Loans originated
5Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023492816.3%6.75%#325
2024613918.0%6.63%#315
202562478.1%6.25%#325

What Success Lending lends in Indiana

By loan purpose

Home purchase 53 85% · 9.4% denied
Refinance 4 6% · 0.0% denied
Cash-out refinance 4 6% · 0.0% denied
Home improvement 1 2% · 0.0% denied

By loan type

Conventional 29 47% · 6.9% denied
FHA 27 44% · 11.1% denied
VA 6 10% · 0.0% denied

Why it denied Indiana applicants

Incomplete application 2 40%
Debt-to-income ratio 1 20%
Insufficient cash 1 20%
Employment history 1 20%

Where in Indiana

Counties with the most Success Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bartholomew County 15130 0.0%
Marion County 871 12.5%
Hamilton County 641 16.7%
Lake County 631 16.7%
Johnson County 530 0.0%
Hendricks County 430 0.0%
Scott County 320 0.0%
Owen County 220 0.0%
Monroe County 211 50.0%
Porter County 220 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: 62 applications in 2025, of which 47 were originated and 5 denied.

8.1% of all applications, or 9.6% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Success Lending originated in Indiana in 2025 was 6.25%, against a statewide median of 6.75%.

About this data. Figures are Success Lending'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