Village Capital & Investment in Indiana vs the state
21.5%Denial rate+4.92 pts vs state
30.1%Decision denial rate+9.99 pts vs state
30.5%Origination rate-31.76 pts vs state
5.75%Median rate-1.00 pts vs state
—Rate spread (pts)
$73kMedian applicant income
200Loans originated
141Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 370 | 78 | 21.1% | 5.94% | #117 |
| 2024 | 738 | 237 | 13.6% | 5.75% | #83 |
| 2025 | 656 | 200 | 21.5% | 5.75% | #97 |
What Village Capital & Investment lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Village Capital & Investment applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 86 | 19 | 17 | 19.8% |
| Lake County | 71 | 22 | 17 | 23.9% |
| Hendricks County | 32 | 10 | 7 | 21.9% |
| Allen County | 30 | 6 | 7 | 23.3% |
| Hamilton County | 24 | 13 | 3 | 12.5% |
| Johnson County | 22 | 9 | 1 | 4.5% |
| St. Joseph County | 21 | 4 | 7 | 33.3% |
| Porter County | 21 | 11 | 4 | 19.0% |
| Morgan County | 20 | 8 | 4 | 20.0% |
| Hancock County | 20 | 6 | 2 | 10.0% |
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: 656 applications in 2025, of which 200 were originated and 141 denied.
21.5% of all applications, or 30.1% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Village Capital & Investment originated in Indiana in 2025 was 5.75%, against a statewide median of 6.75%.
About this data. Figures are Village Capital & Investment'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