2025 · Indiana
Most active investment-property lenders in Indiana
In 2025, 9,999 investment-property loans were originated on single-family 1-4 unit homes in Indiana. These are the lenders that wrote the most of them, by HMDA-reported volume.
Indiana lender rankings
| # | Lender | Focus | Originations | Volume | Biz-purpose |
|---|---|---|---|---|---|
| 1 | Kiavi Funding, Inc. | DSCR / biz | 849 | $145M | 100% |
| 2 | United Shore Financial Services, LLC | DSCR / biz | 526 | $76M | 100% |
| 3 | Loan Funder LLC | DSCR / biz | 258 | $45M | 100% |
| 4 | Lennar Mortgage, LLC | Conventional | 241 | $62M | 2% |
| 5 | Crane | DSCR / biz | 223 | $42M | 100% |
| 6 | BPL Mortgage Trust, LLC | DSCR / biz | 208 | $27M | 100% |
| 7 | Rocket Mortgage, LLC | Conventional | 171 | $29M | 0% |
| 8 | Ruoff Mortgage Company, Inc. | Mixed | 156 | $22M | 46% |
| 9 | Old National Bank | DSCR / biz | 141 | $23M | 96% |
| 10 | JPMorgan Chase Bank, National Association | DSCR / biz | 129 | $25M | 100% |
Lenders with at least 10 reported investor originations in Indiana, top 10.
How investors borrow in Indiana
The rate premium, denial rate, and DSCR share in Indiana — Investor Financing Report.
Where Indiana cash-flows
Gross rental yield and top metros in Indiana — Best Cash-Flow Markets.
Frequently asked questions
Who are the most active investment-property lenders in Indiana?
By 2025 HMDA-reported volume, the most active investment-property (single-family 1-4 unit) lenders in Indiana were Kiavi Funding, Inc. (849 originations), United Shore Financial Services, LLC (526), and Loan Funder LLC (258). 9,999 investor loans were originated statewide.
Which Indiana lenders focus on DSCR / business-purpose loans?
Lenders whose Indiana investor loans are mostly business- or commercial-purpose (the DSCR/LLC bucket) include Kiavi Funding, Inc., United Shore Financial Services, LLC, Loan Funder LLC, Crane. Each lender's mix is flagged in the table.
Is this a ranking of the best lenders?
No — it ranks HMDA-reported origination volume, not rate, service, or terms. HMDA omits non-reporting private/hard-money lenders and under-captures business-purpose loans. Use it as a research starting point, not a recommendation.
Source: CFPB / FFIEC HMDA combined Modified LAR (loan-level public dataset, early release), 2025. Most active by reported volume, not a quality ranking. Lender names resolved from the 2024 HMDA filers registry (LEIs are stable across years) with a GLEIF fallback. The 2025 HMDA institution registry was not yet published at build time.