Sun West Mortgage Company · Indiana · 2025

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

Sun West Mortgage Company took 196 mortgage applications in Indiana in 2025, ranking #205 of 1,025 lenders active in the state. It originated 57.1% of them and denied 12.8% (14.5% of the applications it decided), against a statewide denial rate of 16.6%.

196Applicationsin IN
14.5%Decision denial ratestate 20.1%
6.25%Median ratestate 6.75%
$245,000Median loanstate $155,000
$30MVolume42 counties

Sun West Mortgage Company in Indiana vs the state

12.8%Denial rate-3.81 pts vs state
14.5%Decision denial rate-5.61 pts vs state
57.1%Origination rate-5.11 pts vs state
6.25%Median rate-0.50 pts vs state
0.14Rate spread (pts)-0.23 pts vs state
$88kMedian applicant income
112Loans originated
25Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023984819.4%6.50%#256
20241618120.5%6.38%#214
202519611212.8%6.25%#205

What Sun West Mortgage Company lends in Indiana

By loan purpose

Home purchase 77 39% · 10.4% denied
Refinance 41 21% · 4.9% denied
Cash-out refinance 76 39% · 19.7% denied
Other / HELOC 2 1% · 0.0% denied

By loan type

Conventional 49 25% · 2.0% denied
FHA 116 59% · 18.1% denied
VA 31 16% · 9.7% denied

Why it denied Indiana applicants

Credit history 10 40%
Debt-to-income ratio 8 32%
Other 7 28%

Where in Indiana

Counties with the most Sun West Mortgage Company applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 40233 7.5%
Lake County 33205 15.2%
Porter County 15112 13.3%
Hamilton County 14111 7.1%
Johnson County 1172 18.2%
Hendricks County 731 14.3%
Vanderburgh County 732 28.6%
Madison County 641 16.7%
Hancock County 640 0.0%
Elkhart County 531 20.0%

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: 196 applications in 2025, of which 112 were originated and 25 denied.

12.8% of all applications, or 14.5% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Sun West Mortgage Company originated in Indiana in 2025 was 6.25%, against a statewide median of 6.75%.

About this data. Figures are Sun West 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