Victory Mortgage · Indiana · 2025

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

Victory Mortgage took 382 mortgage applications in Indiana in 2025, ranking #140 of 1,025 lenders active in the state. It originated 81.4% of them and denied 5.0% (5.8% of the applications it decided), against a statewide denial rate of 16.6%.

382Applicationsin IN
5.8%Decision denial ratestate 20.1%
6.13%Median ratestate 6.75%
$395,000Median loanstate $155,000
$135MVolume11 counties

Victory Mortgage in Indiana vs the state

5.0%Denial rate-11.60 pts vs state
5.8%Decision denial rate-14.38 pts vs state
81.4%Origination rate+19.16 pts vs state
6.13%Median rate-0.63 pts vs state
-0.15Rate spread (pts)-0.52 pts vs state
$144kMedian applicant income
311Loans originated
19Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232281625.3%6.25%#163
20243152542.9%6.13%#139
20253823115.0%6.13%#140

What Victory Mortgage lends in Indiana

By loan purpose

Home purchase 360 94% · 4.7% denied
Refinance 15 4% · 0.0% denied
Cash-out refinance 7 2% · 28.6% denied

By loan type

Conventional 301 79% · 4.3% denied
FHA 61 16% · 9.8% denied
VA 20 5% · 0.0% denied

Why it denied Indiana applicants

Debt-to-income ratio 7 37%
Credit history 5 26%
Other 3 16%
Employment history 2 11%
Unverifiable information 1 5%
Incomplete application 1 5%

Where in Indiana

Counties with the most Victory Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hancock County 111926 5.4%
Hamilton County 104833 2.9%
Hendricks County 66517 10.6%
Boone County 34290 0.0%
Clark County 33292 6.1%
Johnson County 25230 0.0%
Marion County 411 25.0%
Delaware County 210 0.0%
Howard County 110 0.0%
Henry County 100 0.0%

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%
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: 382 applications in 2025, of which 311 were originated and 19 denied.

5.0% of all applications, or 5.8% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Victory Mortgage originated in Indiana in 2025 was 6.13%, against a statewide median of 6.75%.

About this data. Figures are Victory 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