Velocity Commercial Capital in Indiana vs the state
0.6%Denial rate-15.98 pts vs state
1.0%Decision denial rate-19.18 pts vs state
60.4%Origination rate-1.89 pts vs state
9.87%Median rate+3.12 pts vs state
—Rate spread (pts)
—Median applicant income
102Loans originated
1Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 78 | 42 | 2.6% | 10.74% | #280 |
| 2024 | 119 | 70 | 0.8% | 10.74% | #237 |
| 2025 | 169 | 102 | 0.6% | 9.87% | #220 |
What Velocity Commercial Capital lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Velocity Commercial Capital applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 61 | 37 | 0 | 0.0% |
| Lake County | 56 | 34 | 0 | 0.0% |
| Delaware County | 10 | 9 | 0 | 0.0% |
| St. Joseph County | 8 | 5 | 0 | 0.0% |
| Vanderburgh County | 5 | 2 | 0 | 0.0% |
| Wayne County | 4 | 2 | 0 | 0.0% |
| LaPorte County | 3 | 2 | 0 | 0.0% |
| Allen County | 3 | 3 | 0 | 0.0% |
| Clark County | 2 | 2 | 0 | 0.0% |
| Howard County | 2 | 2 | 0 | 0.0% |
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: 169 applications in 2025, of which 102 were originated and 1 denied.
0.6% of all applications, or 1.0% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Velocity Commercial Capital originated in Indiana in 2025 was 9.87%, against a statewide median of 6.75%.
About this data. Figures are Velocity Commercial Capital'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