Ruoff Mortgage Company

Fort Wayne, IN

Ruoff Mortgage Company processed 15,781 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 10,647 loans with a 6.8% denial rate. Home Purchase was the primary loan purpose. Based in Fort Wayne, IN. The approval rate of 67.5% 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. Ruoff Mortgage Company processed 15,781 HMDA-reported mortgage applications in 2024, originating 10,647 loans and denying 1,066 for a denial rate of 6.8% (applicants themselves withdrew 2,636 files before a decision). The average loan amount was $206,344 at a 6.794% average note rate, and applicants self-reported an average income of $37,000. The lender reports under LEI 549300GSCUJKJINRJ980 from Fort Wayne, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Ruoff Mortgage Company's 67.5% origination rate tells you how often an application turned into funded money; the 6.8% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (10,071 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.

15,781
Applications
10,647
Originated
6.8%
Denial Rate
$206,344
Avg Loan Amount
Avg Interest Rate: 6.794% Avg Applicant Income: $37,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 10,071 7,248 393 $212,789
FHA 4,571 2,565 621 $182,731
VA 814 579 41 $274,410
USDA 325 255 11 $168,262

Top loan types — Ruoff Mortgage Company

Top loan types — Ruoff Mortgage Company Horizontal bar chart of the top 4 items by value (applications). Top loan types — Ruoff Mortgage Company Top 4 1. Conventional 10,071 2. FHA 4,571 3. VA 814 4. USDA 325 Top 5 loan types by application volume at Ruoff Mortgage Company (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Ruoff Mortgage Company (LEI: 549300GSCUJKJINRJ980) · 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

Debt-to-income ratio
436
Credit history
305
Collateral
213
Employment history
44
Other
41
Insufficient cash
39
Unverifiable information
34
Credit application incomplete
5

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 11,971 9,374 $219,223
Cash-out Refinancing 2,899 844 $149,722
Refinancing 910 428 $217,527
Other 1 1 $5,000

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 12,479 71.3% 5.4%
Black or African American 902 55.1% 11.9%
Joint 260 78.1% 3.5%
Asian 255 68.6% 7.1%
American Indian or Alaska Native 50 48.0% 10.0%
Native Hawaiian or Other Pacific Islander 26 76.9% 3.9%
2 or more minority races 24 66.7% 8.3%

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 13,068 70.3% 5.8%
Hispanic or Latino 621 69.7% 6.0%
Joint 238 76.5% 3.4%

Nearby Lenders in IN

Other HMDA-reporting lenders in IN with similar activity. Compare any two side-by-side.

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Ruoff Mortgage Company process?
Ruoff Mortgage Company processed 15,781 mortgage applications in the 2023 HMDA reporting year. Of these, 10,647 were originated (approved and funded), 2,636 were withdrawn by the applicant, and 1,066 were denied.
What is Ruoff Mortgage Company's mortgage approval rate?
Ruoff Mortgage Company has an approval (origination) rate of 67.5%, meaning 67.5% of all applications resulted in a funded mortgage. The denial rate is 6.8%.
What is the average loan amount at Ruoff Mortgage Company?
The average mortgage loan amount at Ruoff Mortgage Company is $206,344. The average interest rate is 6.794%. The average applicant income is $37,000.
What are the most common reasons for mortgage denial at Ruoff Mortgage Company?
The most common reasons for mortgage denial at Ruoff Mortgage Company are: Debt-to-income ratio, Credit history, Collateral. In total, 1,066 applications were denied out of 15,781 total applications.
What types of mortgage loans does Ruoff Mortgage Company offer?
Ruoff Mortgage Company processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 10,071 applications and an average loan amount of $212,789.
What loan purposes does Ruoff Mortgage Company serve?
Ruoff Mortgage Company serves the following loan purposes: Home Purchase (11,971 applications), Cash-out Refinancing (2,899 applications), Refinancing (910 applications), Other (1 applications). Home Purchase is the most common purpose.
Where is Ruoff Mortgage Company located?
Ruoff Mortgage Company is headquartered in Fort Wayne, IN. The lender is identified by LEI 549300GSCUJKJINRJ980 in HMDA data.
How does Ruoff Mortgage Company compare in lending across racial demographics?
Ruoff Mortgage Company reports demographic lending data under HMDA requirements. White applicants have an approval rate of 71.3% and denial rate of 5.4%; Black or African American applicants have an approval rate of 55.1% and denial rate of 11.9%; Joint applicants have an approval rate of 78.1% and denial rate of 3.5%. This data reflects derived race categories as reported by applicants.

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.