Lenders › New Day Financial, LLC. › Indiana
New Day Financial, 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.
New Day Financial, LLC.'s 2024 HMDA record for Indiana covers 1,425 applications, 289 of them originated, worth $60m.
Its denial rate in the state was 51.5%, above the Indiana rate of 21.5% across all lenders and compared with the lender's national rate of 58.5%.
The median rate spread on its Indiana originations was 1.5 percentage points (state median 0.5).
Applications in the state were up 41% on 2023.
Compared with the state and the lender's national record
| Measure | In Indiana | Indiana, all lenders | New Day Financial, LLC., all states | United States |
|---|---|---|---|---|
| Denial rate | 51.5% | 21.5% | 58.5% | 24.3% |
| Median rate spread, pp | 1.5 | 0.5 | 1.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 49.8% | 15.8% | 44.5% | 15.6% |
| Average originated loan | $208k | $216k | $267k | $329k |
| Home purchase share | 6.2% | 53.1% | 6.2% | 57.0% |
| FHA-insured share | 3.8% | 14.5% | 2.4% | 13.4% |
| VA-guaranteed share | 95.8% | 6.0% | 97.4% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateIndiana, all lenders
Loan purpose and loan type in Indiana
By purpose
Home purchase 6% (18)Refinancing 15% (42)Cash-out refinancing 77% (222)Other purpose 2% (7)
By type
Conventional 0% (1)FHA 4% (11)VA 96% (277)
Denial reasons as coded
Share of 331 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 | 236 | 34 | $6.7m | 63.4% |
| Allen County | 80 | 18 | $3.9m | 42.9% |
| Lake County | 105 | 15 | $2.9m | 60.5% |
| Johnson County | 54 | 13 | $3.6m | — |
| Madison County | 39 | 10 | $1.6m | — |
| Delaware County | 30 | 10 | $1.2m | — |
| St. Joseph County | 42 | 8 | $1.7m | — |
| Hamilton County | 43 | 7 | $2.1m | — |
| Clark County | 31 | 7 | $1.5m | — |
| Vigo County | 28 | 7 | $1.2m | — |
| Hendricks County | 37 | 6 | $1.7m | — |
| Vanderburgh County | 31 | 6 | $1.2m | — |
| Porter County | 26 | 5 | $1.5m | — |
| Elkhart County | 25 | 4 | $1.2m | — |
| Tippecanoe County | 27 | 1 | $245k | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did New Day Financial, LLC. originate in Indiana in 2024?
289 loans totalling $60m, from 1,425 applications reported for properties in Indiana.
What is New Day Financial, LLC.'s denial rate in Indiana?
51.5% of decided applications in Indiana were denied, against 21.5% for all lenders in the state and 58.5% 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 New Day Financial, LLC. lend in most?
By originations: Marion County (34), Allen County (18), Lake County (15), Johnson County (13), Madison County (10).
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.