Lenders › First Option Mortgage, LLC › Indiana
First Option Mortgage, LLC in Indiana
HMDA record for properties in Indiana, calendar year 2024. National record · Indiana overview
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.
In Indiana, First Option Mortgage, LLC reported 244 applications and 196 originations for 2024, $43m in all.
Its denial rate in the state was 2.2%, below the Indiana rate of 21.5% across all lenders and compared with the lender's national rate of 3.4%.
The median rate spread on its Indiana originations was 0.8 percentage points (state median 0.5).
Applications in the state were down 12% on 2023.
Compared with the state and the lender's national record
| Measure | In Indiana | Indiana, all lenders | First Option Mortgage, LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 2.2% | 21.5% | 3.4% | 24.3% |
| Median rate spread, pp | 0.8 | 0.5 | 0.9 | 0.3 |
| Originations with spread of 1.5 pp or more | 14.0% | 15.8% | 24.8% | 15.6% |
| Average originated loan | $221k | $216k | $289k | $329k |
| Home purchase share | 92.3% | 53.1% | 92.8% | 57.0% |
| FHA-insured share | 39.3% | 14.5% | 32.1% | 13.4% |
| VA-guaranteed share | 5.6% | 6.0% | 2.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateIndiana, all lenders
Loan purpose and loan type in Indiana
By purpose
Home purchase 92% (181)Refinancing 1% (2)Cash-out refinancing 7% (13)
By type
Conventional 55% (107)FHA 39% (77)VA 6% (11)USDA 1% (1)
Denial reasons as coded
Withheld: fewer than 25 denials in the state.
Counties in Indiana
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Marion County | 84 | 70 | $15m | 1.2% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did First Option Mortgage, LLC originate in Indiana in 2024?
196 loans totalling $43m, from 244 applications reported for properties in Indiana.
What is First Option Mortgage, LLC's denial rate in Indiana?
2.2% of decided applications in Indiana were denied, against 21.5% for all lenders in the state and 3.4% 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 First Option Mortgage, LLC lend in most?
By originations: Marion County (70).
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.