Zippy Loans in Indiana vs the state
39.3%Denial rate+22.76 pts vs state
59.9%Decision denial rate+39.79 pts vs state
25.3%Origination rate-36.98 pts vs state
8.00%Median rate+1.25 pts vs state
0.03Rate spread (pts)-0.34 pts vs state
$43kMedian applicant income
514Loans originated
800Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 1,118 | 360 | 42.8% | 8.00% | #63 |
| 2025 | 2,034 | 514 | 39.3% | 8.00% | #41 |
What Zippy Loans lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Zippy Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 349 | 85 | 130 | 37.2% |
| Johnson County | 202 | 54 | 80 | 39.6% |
| Allen County | 149 | 49 | 55 | 36.9% |
| Delaware County | 143 | 36 | 65 | 45.5% |
| Fulton County | 106 | 33 | 44 | 41.5% |
| Howard County | 94 | 32 | 36 | 38.3% |
| Kosciusko County | 91 | 26 | 30 | 33.0% |
| Jefferson County | 83 | 24 | 33 | 39.8% |
| Grant County | 74 | 23 | 29 | 39.2% |
| Jasper County | 53 | 18 | 16 | 30.2% |
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: 2,034 applications in 2025, of which 514 were originated and 800 denied.
39.3% of all applications, or 59.9% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Zippy Loans originated in Indiana in 2025 was 8.00%, against a statewide median of 6.75%.
About this data. Figures are Zippy 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