Lenders › Lower, LLC › Indiana
Lower, 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.
Lower, LLC's 2024 HMDA record for Indiana covers 546 applications, 353 of them originated, worth $78m.
Its denial rate in the state was 11.6%, below the Indiana rate of 21.5% across all lenders and compared with the lender's national rate of 12.7%.
The median rate spread on its Indiana originations was 0.5 percentage points (state median 0.5).
Applications in the state were up 200% on 2023.
Compared with the state and the lender's national record
| Measure | In Indiana | Indiana, all lenders | Lower, LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 11.6% | 21.5% | 12.7% | 24.3% |
| Median rate spread, pp | 0.5 | 0.5 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 8.0% | 15.8% | 7.3% | 15.6% |
| Average originated loan | $221k | $216k | $310k | $329k |
| Home purchase share | 79.6% | 53.1% | 81.3% | 57.0% |
| FHA-insured share | 26.1% | 14.5% | 26.1% | 13.4% |
| VA-guaranteed share | 9.9% | 6.0% | 8.2% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateIndiana, all lenders
Loan purpose and loan type in Indiana
By purpose
Home purchase 80% (281)Refinancing 3% (12)Cash-out refinancing 17% (60)
By type
Conventional 62% (219)FHA 26% (92)VA 10% (35)USDA 2% (7)
Denial reasons as coded
Share of 49 denials in Indiana by first denial reason coded (outlined bar: all lenders in the state).
Counties in Indiana
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Marion County | 104 | 66 | $14m | 10.5% |
| Allen County | 47 | 35 | $8.5m | 5.0% |
| Lake County | 51 | 30 | $6.5m | 18.9% |
| Hamilton County | 32 | 25 | $8.3m | 3.7% |
| Hendricks County | 28 | 23 | $5.8m | 8.0% |
| Clark County | 25 | 22 | $4.6m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Lower, LLC originate in Indiana in 2024?
353 loans totalling $78m, from 546 applications reported for properties in Indiana.
What is Lower, LLC's denial rate in Indiana?
11.6% of decided applications in Indiana were denied, against 21.5% for all lenders in the state and 12.7% 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 Lower, LLC lend in most?
By originations: Marion County (66), Allen County (35), Lake County (30), Hamilton County (25), Hendricks County (23).
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.