GVC MORTGAGE, INC.
SUITE 200, IN
GVC MORTGAGE, INC. processed 5,130 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 4,188 loans with a 2.0% denial rate. Home Purchase was the primary loan purpose. Based in SUITE 200, IN. The approval rate of 81.6% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.
Portfolio scale. GVC MORTGAGE, INC. processed 5,130 HMDA-reported mortgage applications in 2024, originating 4,188 loans and denying 104 for a denial rate of 2.0% (applicants themselves withdrew 813 files before a decision). The average loan amount was $235,298 at a 6.834% average note rate, and applicants self-reported an average income of $37,000. The lender reports under LEI 54930077D8KXQADF5Q23 from SUITE 200, IN.
Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. GVC MORTGAGE, INC.'s 81.6% origination rate tells you how often an application turned into funded money; the 2.0% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Collateral, Debt-to-income ratio, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (3,271 applications).
How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.
Lending Activity
| Type | Applications | Originated | Denied | Avg Loan |
|---|---|---|---|---|
| Conventional | 3,271 | 2,676 | 56 | $241,784 |
| FHA | 1,323 | 1,072 | 37 | $215,317 |
| VA | 285 | 236 | 7 | $304,193 |
| USDA | 251 | 204 | 4 | $177,869 |
Top loan types — GVC MORTGAGE, INC.
Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for GVC MORTGAGE, INC. (LEI: 54930077D8KXQADF5Q23) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.
Denial Analysis
Loan Purpose Breakdown
| Purpose | Applications | Originated | Avg Loan |
|---|---|---|---|
| Home Purchase | 4,623 | 3,817 | $235,173 |
| Refinancing | 257 | 205 | $273,327 |
| Cash-out Refinancing | 250 | 166 | $198,520 |
Geographic Coverage — Lending by Race
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 4,436 | 82.4% | 1.9% |
| Black or African American | 227 | 76.7% | 3.1% |
| Asian | 97 | 77.3% | 1.0% |
| Joint | 78 | 73.1% | 3.9% |
| American Indian or Alaska Native | 9 | 100.0% | 0.0% |
| Native Hawaiian or Other Pacific Islander | 1 | 100.0% | 0.0% |
Lending by Ethnicity
Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.
| Ethnicity | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| Not Hispanic or Latino | 4,629 | 82.0% | 2.0% |
| Hispanic or Latino | 198 | 79.3% | 3.0% |
| Joint | 75 | 81.3% | 0.0% |
Nearby Lenders in IN
Other HMDA-reporting lenders in IN with similar activity. Compare any two side-by-side.
Ruoff Mortgage Company
Fort Wayne, IN
Old National Bank
Evansville, IN
Royal United Mortgage LLC
Indianapolis, IN
FIRST MERCHANTS BANK
MUNCIE, IN
THREE RIVERS FEDERAL CREDIIT U
FORT WAYNE, IN
Mortgage Lending Guides
Frequently Asked Questions
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Data Sources
Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.
Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.
Read our methodology — how this data is sourced, computed, and verified.