Vanderbilt Mortgage and Finance in Indiana vs the state
18.3%Denial rate+1.72 pts vs state
24.8%Decision denial rate+4.63 pts vs state
54.2%Origination rate-8.06 pts vs state
5.88%Median rate-0.88 pts vs state
-0.24Rate spread (pts)-0.60 pts vs state
$87kMedian applicant income
1,449Loans originated
489Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,069 | 988 | 21.8% | 6.13% | #32 |
| 2024 | 2,519 | 1,359 | 18.9% | 5.99% | #28 |
| 2025 | 2,674 | 1,449 | 18.3% | 5.88% | #29 |
What Vanderbilt Mortgage and Finance lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Vanderbilt Mortgage and Finance applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 348 | 258 | 25 | 7.2% |
| Hamilton County | 298 | 238 | 4 | 1.3% |
| Johnson County | 255 | 203 | 8 | 3.1% |
| Hancock County | 198 | 153 | 2 | 1.0% |
| Madison County | 118 | 90 | 6 | 5.1% |
| Morgan County | 86 | 60 | 1 | 1.2% |
| Clark County | 85 | 31 | 28 | 32.9% |
| Hendricks County | 82 | 58 | 8 | 9.8% |
| Howard County | 77 | 62 | 2 | 2.6% |
| Vanderburgh County | 66 | 6 | 28 | 42.4% |
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: 2,674 applications in 2025, of which 1,449 were originated and 489 denied.
18.3% of all applications, or 24.8% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Vanderbilt Mortgage and Finance originated in Indiana in 2025 was 5.88%, against a statewide median of 6.75%.
About this data. Figures are Vanderbilt Mortgage and Finance'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