Triad Financial Services in Indiana vs the state
57.5%Denial rate+40.90 pts vs state
57.6%Decision denial rate+37.43 pts vs state
18.5%Origination rate-43.72 pts vs state
8.49%Median rate+1.74 pts vs state
2.84Rate spread (pts)+2.48 pts vs state
$51kMedian applicant income
217Loans originated
673Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,752 | 782 | 47.5% | 8.00% | #20 |
| 2024 | 2,198 | 671 | 47.5% | 8.00% | #33 |
| 2025 | 1,171 | 217 | 57.5% | 8.49% | #66 |
What Triad Financial Services lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Triad Financial Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Elkhart County | 326 | 71 | 173 | 53.1% |
| St. Joseph County | 144 | 26 | 83 | 57.6% |
| Allen County | 131 | 13 | 89 | 67.9% |
| Johnson County | 103 | 16 | 62 | 60.2% |
| LaPorte County | 58 | 12 | 30 | 51.7% |
| Madison County | 37 | 9 | 24 | 64.9% |
| Monroe County | 34 | 10 | 22 | 64.7% |
| Jasper County | 27 | 3 | 19 | 70.4% |
| DeKalb County | 21 | 4 | 13 | 61.9% |
| Cass County | 20 | 2 | 10 | 50.0% |
Other large lenders in Indiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,503 | 18.6% | 6.75% |
| Ruoff Mortgage Company | A | 8,860 | 4.0% | 6.75% |
| Fifth Third Bank | D | 8,693 | 27.6% | 7.75% |
| United Shore Financial Services | B | 8,659 | 12.2% | 6.38% |
| Freedom Mortgage | B | 5,454 | 8.9% | 6.25% |
| Newrez | D | 5,421 | 18.2% | 6.63% |
| First Merchants Bank | C | 5,114 | 19.9% | 6.76% |
| Fairway Independent Mortgage | B | 4,813 | 7.4% | 6.75% |
| Mortgage Research Center | C | 4,791 | 19.0% | 6.25% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
Frequently asked questions
Indiana: 1,171 applications in 2025, of which 217 were originated and 673 denied.
57.5% of all applications, or 57.6% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Triad Financial Services originated in Indiana in 2025 was 8.49%, against a statewide median of 6.75%.
About this data. Figures are Triad Financial Services'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