Ranked by the dollar value of loans originated. Volume is not quality, but it does tell you who is set up to close at scale.
| # | Lender | Grade | Dollar volume | Applications | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Everwise Credit UnionSouth Bend, IN | C | $3.4B | 3,448 | 18.2% | 7.50% |
| 2 | Rocket MortgagePlymouth, MI | C | $1.8B | 13,503 | 18.6% | 6.75% |
| 3 | United Shore Financial ServicesPlymouth, MI | B | $1.7B | 8,659 | 12.2% | 6.38% |
| 4 | Ruoff Mortgage CompanyFort Wayne, IN | A | $1.5B | 8,860 | 4.0% | 6.75% |
| 5 | Fairway Independent MortgageMadison, WI | B | $897M | 4,813 | 7.4% | 6.75% |
| 6 | Gvc MortgagePendleton, IN | B | $805M | 4,042 | 2.4% | 6.75% |
| 7 | Fifth Third BankCincinnati, OH | D | $714M | 8,693 | 27.6% | 7.75% |
| 8 | JPMorgan Chase BankColumbus, OH | B | $689M | 4,366 | 9.8% | 6.50% |
| 9 | Lennar MortgageMiami, FL | A | $659M | 2,761 | 14.0% | 4.99% |
| 10 | First Merchants BankMuncie, IN | C | $649M | 5,114 | 19.9% | 6.76% |
| 11 | Freedom MortgageBoca Raton, FL | B | $648M | 5,454 | 8.9% | 6.25% |
| 12 | Mortgage Research CenterColumbia, MO | C | $615M | 4,791 | 19.0% | 6.25% |
| 13 | Crosscountry MortgageCleveland, OH | B | $559M | 3,461 | 4.2% | 6.63% |
| 14 | Union Home MortgageStrongsville, OH | B | $558M | 2,856 | 3.1% | 6.63% |
| 15 | Old National BankEvansville, IN | B | $556M | 4,179 | 21.0% | 6.24% |
| 16 | Merchants Bank of IndianaCarmel, IN | B | $530M | 510 | 8.2% | 6.63% |
| 17 | The Huntington National BankColumbus, OH | D | $509M | 4,584 | 30.2% | 7.84% |
| 18 | Centier BankWhiting, IN | C | $469M | 2,793 | 19.3% | 8.50% |
| 19 | First Financial BankCincinnati, OH | D | $460M | 4,270 | 24.3% | 5.99% |
| 20 | Three Rivers Federal Credit UnionFort Wayne, IN | C | $451M | 3,305 | 14.6% | 7.00% |
| 21 | Vanderbilt Mortgage and FinanceMaryville, TN | F | $448M | 2,674 | 18.3% | 5.88% |
| 22 | Merchants CapitalCarmel, IN | D | $434M | 35 | 14.3% | — |
| 23 | NewrezWilmington, DE | D | $422M | 5,421 | 18.2% | 6.63% |
| 24 | Union Savings BankCincinnati, OH | A | $403M | 1,831 | 3.2% | 6.63% |
| 25 | Horizon BankMichigan City, IN | A | $380M | 2,853 | 20.9% | 6.00% |
| 26 | Pennymac Loan ServicesWestlake Village, CA | C | $377M | 3,080 | 10.7% | 6.00% |
| 27 | Guaranteed RateChicago, IL | B | $375M | 2,669 | 6.9% | 6.63% |
| 28 | German American BankJasper, IN | A | $373M | 2,736 | 16.4% | 6.88% |
| 29 | Mjw FinancialIndianapolis, IN | A | $373M | 1,610 | 2.2% | 6.62% |
| 30 | PNC BankWilmington, DE | D | $359M | 4,724 | 25.1% | 7.55% |
| 31 | Indiana Members Credit UnionIndianapolis, IN | B | $356M | 3,464 | 12.2% | 6.25% |
| 32 | Dhi Mortgage CompanyArlington, TX | B | $354M | 1,741 | 14.7% | 5.25% |
| 33 | Lake City BankWarsaw, IN | B | $337M | 2,361 | 11.7% | 7.75% |
| 34 | Guild MortgageSan Diego, CA | A | $336M | 1,824 | 3.8% | 6.63% |
| 35 | LibertyEvansville, IN | B | $331M | 2,326 | 5.3% | 6.88% |
| 36 | Elements Financial Federal Credit UnionIndianapolis, IN | B | $314M | 1,640 | 10.7% | 6.25% |
| 37 | 1st Source BankSouth Bend, IN | B | $297M | 2,510 | 18.0% | 7.50% |
| 38 | Centra Credit UnionColumbus, IN | A | $294M | 2,991 | 7.8% | 5.63% |
| 39 | Loandepot.ComIrvine, CA | D | $276M | 3,137 | 26.2% | 6.99% |
| 40 | CMG MortgageSan Ramon, CA | A | $261M | 1,651 | 4.7% | 6.75% |
| 41 | ForumFishers, IN | C | $243M | 2,147 | 13.3% | 7.25% |
| 42 | Broker SolutionsTustin, CA | D | $229M | 3,246 | 10.4% | 6.99% |
| 43 | Pulte MortgageWilmington, DE | A | $226M | 862 | 11.8% | 5.50% |
| 44 | Indiana University Credit UnionBloomington, IN | C | $225M | 1,313 | 15.3% | 6.88% |
| 45 | First Federal Savings BankRochester, IN | A | $202M | 1,096 | 1.6% | 7.00% |
| 46 | Berkadia Commercial MortgageAmbler, PA | B | $202M | 27 | 0.0% | 5.57% |
| 47 | PurdueWest Lafayette, IN | B | $201M | 1,426 | 13.0% | 7.00% |
| 48 | Nationstar MortgageCoppell, TX | C | $199M | 2,095 | 14.5% | 7.88% |
| 49 | Bellwether Enterprise Real Estate CapitalCleveland, OH | C | $199M | 13 | 7.7% | — |
| 50 | Mortgage Masters of IndianaEvansville, IN | B | $195M | 961 | 2.8% | 6.50% |
Ordered by the dollar value of loans originated in 2025 in the state. All figures come from the lenders' own HMDA filings. Full methodology.
