Abound Federal Credit Union · Indiana · 2025

Abound Federal Credit Union in Indiana: approval rate, denial rate and rates (2025)

Abound Federal Credit Union took 27 mortgage applications in Indiana in 2025, ranking #427 of 1,025 lenders active in the state. It originated 55.6% of them and denied 7.4% (11.8% of the applications it decided), against a statewide denial rate of 16.6%.

27Applicationsin IN
11.8%Decision denial ratestate 20.1%
6.50%Median ratestate 6.75%
$265,000Median loanstate $155,000
$3.5MVolume8 counties

Abound Federal Credit Union in Indiana vs the state

7.4%Denial rate-9.16 pts vs state
11.8%Decision denial rate-8.38 pts vs state
55.6%Origination rate-6.69 pts vs state
6.50%Median rate-0.25 pts vs state
0.06Rate spread (pts)-0.31 pts vs state
$142kMedian applicant income
15Loans originated
2Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023211314.3%7.63%#428
2024301916.7%6.38%#403
202527157.4%6.50%#427

What Abound Federal Credit Union lends in Indiana

By loan purpose

Home purchase 13 48% · 0.0% denied
Refinance 3 11% · 33.3% denied
Cash-out refinance 2 7% · 0.0% denied
Home improvement 8 30% · 12.5% denied
Other / HELOC 1 4% · 0.0% denied

By loan type

Conventional 26 96% · 7.7% denied
VA 1 4% · 0.0% denied

Why it denied Indiana applicants

Debt-to-income ratio 1 50%
Credit history 1 50%

Where in Indiana

Counties with the most Abound Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Floyd County 1061 10.0%
Harrison County 621 16.7%
Clark County 630 0.0%
Dubois County 110 0.0%
Johnson County 110 0.0%
Hendricks County 100 0.0%
Vanderburgh County 110 0.0%
Shelby County 110 0.0%

Other large lenders in Indiana

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 13,50318.6%6.75%
Ruoff Mortgage CompanyA 8,8604.0%6.75%
Fifth Third BankD 8,69327.6%7.75%
United Shore Financial ServicesB 8,65912.2%6.38%
Freedom MortgageB 5,4548.9%6.25%
NewrezD 5,42118.2%6.63%
First Merchants BankC 5,11419.9%6.76%
Fairway Independent MortgageB 4,8137.4%6.75%
Mortgage Research CenterC 4,79119.0%6.25%
PNC BankD 4,72425.1%7.55%

Frequently asked questions

Indiana: 27 applications in 2025, of which 15 were originated and 2 denied.

7.4% of all applications, or 11.8% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Abound Federal Credit Union originated in Indiana in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are Abound Federal Credit Union's own HMDA filing for properties located in Indiana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology