Wolfe Financial · Indiana · 2025

Wolfe Financial in Indiana: approval rate, denial rate and rates (2025)

Wolfe Financial took 639 mortgage applications in Indiana in 2025, ranking #100 of 1,025 lenders active in the state. It originated 74.2% of them and denied 0.9% (1.3% of the applications it decided), against a statewide denial rate of 16.6%.

639Applicationsin IN
1.3%Decision denial ratestate 20.1%
6.88%Median ratestate 6.75%
$215,000Median loanstate $155,000
$108MVolume44 counties

Wolfe Financial in Indiana vs the state

0.9%Denial rate-15.63 pts vs state
1.3%Decision denial rate-18.89 pts vs state
74.2%Origination rate+11.93 pts vs state
6.88%Median rate+0.13 pts vs state
0.70Rate spread (pts)+0.34 pts vs state
$78kMedian applicant income
474Loans originated
6Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235954612.5%7.13%#86
20245594370.9%7.13%#99
20256394740.9%6.88%#100

What Wolfe Financial lends in Indiana

By loan purpose

Home purchase 569 89% · 1.1% denied
Refinance 36 6% · 0.0% denied
Cash-out refinance 34 5% · 0.0% denied

By loan type

Conventional 356 56% · 1.4% denied
FHA 198 31% · 0.0% denied
VA 39 6% · 0.0% denied
USDA / RHS 46 7% · 2.2% denied

Why it denied Indiana applicants

Collateral 4 67%
Debt-to-income ratio 1 17%
Other 1 17%

Where in Indiana

Counties with the most Wolfe Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hendricks County 95651 1.1%
Montgomery County 93661 1.1%
Jackson County 65540 0.0%
Marion County 64463 4.7%
Putnam County 54441 1.9%
Fountain County 40240 0.0%
Boone County 30260 0.0%
Vermillion County 22170 0.0%
Vigo County 21160 0.0%
Clay County 19140 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: 639 applications in 2025, of which 474 were originated and 6 denied.

0.9% of all applications, or 1.3% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Wolfe Financial originated in Indiana in 2025 was 6.88%, against a statewide median of 6.75%.

About this data. Figures are Wolfe Financial'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