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Planet Home Lending, LLC in Indiana

HMDA record for properties in Indiana, calendar year 2024. National record · Indiana overview

LEI 54930021WPEXNHYZUL09
Reporting agency Department of Housing and Urban Development
State Indiana

HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.

Planet Home Lending, LLC's 2024 HMDA record for Indiana covers 230 applications, 170 of them originated, worth $35m.

Its denial rate in the state was 20.5%, close to the Indiana rate of 21.5% across all lenders and compared with the lender's national rate of 21.5%.

The median rate spread on its Indiana originations was 0.2 percentage points (state median 0.5).

Applications in the state were up 55% on 2023.

230applications in IN, 20241.6% of the lender's total
170loans originated$35m
20.5%denial rateIN all lenders 21.5%
0.2 ppmedian rate spreadIN 0.5 pp

Compared with the state and the lender's national record

MeasureIn IndianaIndiana, all lendersPlanet Home Lending, LLC, all statesUnited States
Denial rate20.5%21.5%21.5%24.3%
Median rate spread, pp0.20.50.20.3
Originations with spread of 1.5 pp or more16.8%15.8%12.0%15.6%
Average originated loan$206k$216k$308k$329k
Home purchase share9.4%53.1%39.9%57.0%
FHA-insured share41.2%14.5%31.2%13.4%
VA-guaranteed share35.3%6.0%33.8%7.9%

Trend by year

ApplicationsOriginations

01152302022: 179 Applications2023: 148 Applications2024: 230 Applications2022: 127 Originations2023: 95 Originations2024: 170 Originations202220232024
Planet Home Lending, LLC in Indiana: applications and originations, 2022–2024

This lender in stateIndiana, all lenders

0%15.6%31.2%2022: 25.3% This lender in state2023: 31.2% This lender in state2024: 20.5% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Indiana

By purpose

Home purchase 9% (16)Refinancing 59% (101)Cash-out refinancing 29% (50)Other purpose 2% (3)

By type

Conventional 24% (40)FHA 41% (70)VA 35% (60)

Denial reasons as coded

Credit application incomplete40%
Other17.8%
Credit history13.3%
Collateral13.3%
Debt-to-income ratio11.1%
Employment history2.2%
Insufficient cash (downpayment, closing costs)2.2%
Unverifiable information0%
Mortgage insurance denied0%

Share of 45 denials in Indiana by first denial reason coded (outlined bar: all lenders in the state).

Counties in Indiana

CountyApplicationsOriginationsAmountDenial rate
Marion County3225$5.5m13.8%

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Planet Home Lending, LLC originate in Indiana in 2024?

170 loans totalling $35m, from 230 applications reported for properties in Indiana.

What is Planet Home Lending, LLC's denial rate in Indiana?

20.5% of decided applications in Indiana were denied, against 21.5% for all lenders in the state and 21.5% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.

Which Indiana counties does Planet Home Lending, LLC lend in most?

By originations: Marion County (25).

Where does this data come from?

From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Indiana. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.