V.i.p. Mortgage in Indiana vs the state
0.4%Denial rate-16.18 pts vs state
0.5%Decision denial rate-19.68 pts vs state
84.8%Origination rate+22.57 pts vs state
6.50%Median rate-0.25 pts vs state
0.33Rate spread (pts)-0.04 pts vs state
$90kMedian applicant income
218Loans originated
1Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 115 | 102 | 3.5% | 7.00% | #228 |
| 2024 | 146 | 130 | 0.7% | 6.99% | #222 |
| 2025 | 257 | 218 | 0.4% | 6.50% | #174 |
What V.i.p. Mortgage lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most V.i.p. Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Allen County | 127 | 112 | 0 | 0.0% |
| Marion County | 22 | 20 | 0 | 0.0% |
| Whitley County | 14 | 10 | 0 | 0.0% |
| Kosciusko County | 12 | 9 | 0 | 0.0% |
| DeKalb County | 11 | 11 | 0 | 0.0% |
| Morgan County | 7 | 6 | 0 | 0.0% |
| Noble County | 7 | 5 | 1 | 14.3% |
| Hamilton County | 7 | 6 | 0 | 0.0% |
| Hendricks County | 6 | 5 | 0 | 0.0% |
| Boone County | 6 | 4 | 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: 257 applications in 2025, of which 218 were originated and 1 denied.
0.4% of all applications, or 0.5% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans V.i.p. Mortgage originated in Indiana in 2025 was 6.50%, against a statewide median of 6.75%.
About this data. Figures are V.i.p. 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