Applications / Mortgage Analytics / Lenders / Indiana / GVC Mortgage
Pendleton, IN · Independent non-bank lender · CFPB · 4,603 loans in 2025
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4,603
loans originated, 2025
5,859
applications, 2025
17
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
GVC Mortgage is an Indiana lender of modest loans to modest earners: 44.3% of its borrowers in 2025 had low or moderate incomes, against 27.8% at similar lenders.
Its typical loan was $225,000, against $315,000 at similar lenders (independent non-bank lenders making between half and twice as many loans), smaller than about nineteen in twenty of them. Its share of lower-income borrowers was higher than about nine in ten. Nine in ten of its loans financed a purchase.
It made 4.9% of its loans with guarantees from the Department of Agriculture's Rural Housing Service, against 0.7% at similar lenders. It lends in 245 counties across 17 states. Only 4.9% of its loans were in majority-minority neighborhoods, against 24.8% at similar lenders, among the lowest few. One possible reason is geography: its lending centers on Indiana, and some of it is rural.
Its loans rose 10% in 2025, the same as similar lenders and the whole market, to 4,603. That is below the 6,826 it made in 2020. It ranks 9 of 304 lenders in Fort Wayne, IN. In Kingsport-Bristol, TN-VA, which it entered in 2023, it already ranks 10 of 324, with 2.0% of the market.
It denied 2.6% of first-lien home-purchase applications, against 4.3% at similar lenders, and 4.8% of refinance applications, against 7.7%. Both rates were lower than about two-thirds of similar lenders'.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. GVC Mortgage took 5,859 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 90.1% · Refinance 9.9%
Conventional 65.4% · FHA 24.5% · VA 5.1% · USDA (RHS or FSA) 4.9% · of 4,603 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Indiana | 3,231 | 70.2% |
| Michigan | 559 | 12.1% |
| Ohio | 423 | 9.2% |
| Tennessee | 262 | 5.7% |
| Virginia | 46 | 1.0% |
| Florida | 36 | 0.8% |
| Kentucky | 20 | 0.4% |
| Illinois | 13 | 0.3% |
| North Carolina | 3 | 0.1% |
| Colorado | 2 | 0.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Indianapolis-Carmel-Greenwood | 1,712 |
| Fort Wayne | 283 |
| Terre Haute | 130 |
| Kingsport-Bristol | 120 |
| Kokomo | 113 |
| Canton-Massillon | 108 |
| Cincinnati | 102 |
| Kalamazoo-Portage | 93 |
| Columbus | 86 |
| Toledo | 75 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 54930077D8KXQADF5Q23 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 3954887 | 2010–2023 |
| Respondent ID (the HMDA filer code before 2018) | 7351985128 |
Established 12 May 1996. Reported under HMDA 2008-2025.
Mergers, name changes, data editions and corrections: GVC Mortgage's data.
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