Zillow Home Loans · Indiana · 2025

Zillow Home Loans in Indiana: approval rate, denial rate and rates (2025)

Zillow Home Loans took 441 mortgage applications in Indiana in 2025, ranking #128 of 1,025 lenders active in the state. It originated 68.0% of them and denied 7.5% (9.7% of the applications it decided), against a statewide denial rate of 16.6%.

441Applicationsin IN
9.7%Decision denial ratestate 20.1%
6.63%Median ratestate 6.75%
$195,000Median loanstate $155,000
$65MVolume73 counties

Zillow Home Loans in Indiana vs the state

7.5%Denial rate-9.09 pts vs state
9.7%Decision denial rate-10.41 pts vs state
68.0%Origination rate+5.78 pts vs state
6.63%Median rate-0.13 pts vs state
0.60Rate spread (pts)+0.24 pts vs state
$72kMedian applicant income
300Loans originated
33Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232051452.9%6.88%#173
20242802036.8%6.63%#151
20254413007.5%6.63%#128

What Zillow Home Loans lends in Indiana

By loan purpose

Home purchase 437 99% · 7.6% denied
Refinance 2 0% · 0.0% denied
Cash-out refinance 2 0% · 0.0% denied

By loan type

Conventional 299 68% · 5.7% denied
FHA 122 28% · 11.5% denied
VA 20 5% · 10.0% denied

Why it denied Indiana applicants

Debt-to-income ratio 13 39%
Collateral 11 33%
Other 6 18%
Credit history 2 6%
Insufficient cash 1 3%

Where in Indiana

Counties with the most Zillow Home Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 72495 6.9%
Lake County 48366 12.5%
Allen County 21130 0.0%
St. Joseph County 16112 12.5%
Hendricks County 1591 6.7%
Porter County 14101 7.1%
Hamilton County 1392 15.4%
Delaware County 1380 0.0%
Vanderburgh County 1272 16.7%
Johnson County 1170 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: 441 applications in 2025, of which 300 were originated and 33 denied.

7.5% of all applications, or 9.7% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Zillow Home Loans originated in Indiana in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Zillow Home Loans'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