Union Home Mortgage · Indiana · 2025

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

Union Home Mortgage took 2,856 mortgage applications in Indiana in 2025, ranking #24 of 1,025 lenders active in the state. It originated 79.0% of them and denied 3.1% (3.7% of the applications it decided), against a statewide denial rate of 16.6%.

2.9kApplicationsin IN
3.7%Decision denial ratestate 20.1%
6.63%Median ratestate 6.75%
$225,000Median loanstate $155,000
$558MVolume82 counties

Union Home Mortgage in Indiana vs the state

3.1%Denial rate-13.45 pts vs state
3.7%Decision denial rate-16.41 pts vs state
79.0%Origination rate+16.78 pts vs state
6.63%Median rate-0.13 pts vs state
0.50Rate spread (pts)+0.13 pts vs state
$86kMedian applicant income
2,257Loans originated
89Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239697553.6%7.13%#68
20241,8001,4353.8%6.99%#43
20252,8562,2573.1%6.63%#24

What Union Home Mortgage lends in Indiana

By loan purpose

Home purchase 2,253 79% · 2.6% denied
Refinance 395 14% · 1.5% denied
Cash-out refinance 100 4% · 9.0% denied
Home improvement 63 2% · 12.7% denied
Other / HELOC 45 2% · 17.8% denied

By loan type

Conventional 1,927 67% · 2.4% denied
FHA 670 23% · 4.8% denied
VA 174 6% · 1.7% denied
USDA / RHS 85 3% · 8.2% denied

Why it denied Indiana applicants

Debt-to-income ratio 25 28%
Credit history 24 27%
Collateral 13 15%
Incomplete application 12 13%
Other 8 9%
Unverifiable information 3 3%
Insufficient cash 3 3%
Employment history 1 1%

Where in Indiana

Counties with the most Union Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 49238718 3.7%
Hamilton County 2412072 0.8%
Hendricks County 2191795 2.3%
Elkhart County 1411202 1.4%
Lake County 1341073 2.2%
St. Joseph County 1271034 3.1%
Delaware County 117826 5.1%
Grant County 113885 4.4%
Porter County 109944 3.7%
Johnson County 98716 6.1%

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: 2,856 applications in 2025, of which 2,257 were originated and 89 denied.

3.1% of all applications, or 3.7% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Union Home Mortgage originated in Indiana in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Union Home 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