United Shore Financial Services · Indiana · 2025

United Shore Financial Services in Indiana: approval rate, denial rate and rates (2025)

United Shore Financial Services took 8,659 mortgage applications in Indiana in 2025, ranking #4 of 1,025 lenders active in the state. It originated 72.9% of them and denied 12.2% (14.0% of the applications it decided), against a statewide denial rate of 16.6%.

8.7kApplicationsin IN
14.0%Decision denial ratestate 20.1%
6.38%Median ratestate 6.75%
$235,000Median loanstate $155,000
$1.7BVolume92 counties

United Shore Financial Services in Indiana vs the state

12.2%Denial rate-4.37 pts vs state
14.0%Decision denial rate-6.14 pts vs state
72.9%Origination rate+10.60 pts vs state
6.38%Median rate-0.38 pts vs state
0.17Rate spread (pts)-0.20 pts vs state
$79kMedian applicant income
6,308Loans originated
1,056Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234,3383,4009.5%6.87%#8
20246,1344,69910.7%6.62%#4
20258,6596,30812.2%6.38%#4

What United Shore Financial Services lends in Indiana

By loan purpose

Home purchase 4,139 48% · 7.5% denied
Refinance 2,355 27% · 12.7% denied
Cash-out refinance 2,165 25% · 20.6% denied

By loan type

Conventional 4,571 53% · 10.0% denied
FHA 2,496 29% · 19.2% denied
VA 1,563 18% · 7.3% denied
USDA / RHS 29 0% · 13.8% denied

Why it denied Indiana applicants

Collateral 401 38%
Debt-to-income ratio 342 32%
Insufficient cash 166 16%
Other 89 8%
Credit history 46 4%
Unverifiable information 11 1%
Employment history 1 0%

Where in Indiana

Counties with the most United Shore Financial Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 1,8861,339273 14.5%
Hamilton County 69054058 8.4%
Lake County 59241676 12.8%
Hendricks County 38329445 11.7%
Clark County 35128924 6.8%
St. Joseph County 29723626 8.8%
Allen County 29219945 15.4%
Johnson County 28721134 11.8%
Tippecanoe County 23919620 8.4%
Floyd County 1971736 3.0%

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%
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%
The Huntington National BankD 4,58430.2%7.84%

Frequently asked questions

Indiana: 8,659 applications in 2025, of which 6,308 were originated and 1,056 denied.

12.2% of all applications, or 14.0% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans United Shore Financial Services originated in Indiana in 2025 was 6.38%, against a statewide median of 6.75%.

About this data. Figures are United Shore 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