Tomo Mortgage · Indiana · 2025

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

Tomo Mortgage took 127 mortgage applications in Indiana in 2025, ranking #245 of 1,025 lenders active in the state. It originated 40.9% of them and denied 2.4% (5.5% of the applications it decided), against a statewide denial rate of 16.6%.

127Applicationsin IN
5.5%Decision denial ratestate 20.1%
6.38%Median ratestate 6.75%
$305,000Median loanstate $155,000
$18MVolume38 counties

Tomo Mortgage in Indiana vs the state

2.4%Denial rate-14.21 pts vs state
5.5%Decision denial rate-14.69 pts vs state
40.9%Origination rate-21.31 pts vs state
6.38%Median rate-0.38 pts vs state
-0.04Rate spread (pts)-0.41 pts vs state
$135kMedian applicant income
52Loans originated
3Denied

What Tomo Mortgage lends in Indiana

By loan purpose

Home purchase 127 100% · 2.4% denied

By loan type

Conventional 118 93% · 2.5% denied
FHA 7 6% · 0.0% denied
VA 2 2% · 0.0% denied

Why it denied Indiana applicants

Other 2 67%
Unverifiable information 1 33%

Where in Indiana

Counties with the most Tomo Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 23110 0.0%
Hamilton County 1980 0.0%
Lake County 940 0.0%
Monroe County 611 16.7%
Hendricks County 610 0.0%
Allen County 540 0.0%
St. Joseph County 410 0.0%
Johnson County 430 0.0%
Tippecanoe County 410 0.0%
Bartholomew County 420 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: 127 applications in 2025, of which 52 were originated and 3 denied.

2.4% of all applications, or 5.5% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Tomo Mortgage originated in Indiana in 2025 was 6.38%, against a statewide median of 6.75%.

About this data. Figures are Tomo 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