Baxter Credit Union · Indiana · 2025

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

Baxter Credit Union took 117 mortgage applications in Indiana in 2025, ranking #252 of 1,025 lenders active in the state. It originated 65.0% of them and denied 14.5% (14.8% of the applications it decided), against a statewide denial rate of 16.6%.

117Applicationsin IN
14.8%Decision denial ratestate 20.1%
6.94%Median ratestate 6.75%
$135,000Median loanstate $155,000
$18MVolume35 counties

Baxter Credit Union in Indiana vs the state

14.5%Denial rate-2.04 pts vs state
14.8%Decision denial rate-5.36 pts vs state
65.0%Origination rate+2.71 pts vs state
6.94%Median rate+0.19 pts vs state
0.14Rate spread (pts)-0.23 pts vs state
$130kMedian applicant income
76Loans originated
17Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231047214.4%7.63%#246
2024925426.1%7.19%#262
20251177614.5%6.94%#252

What Baxter Credit Union lends in Indiana

By loan purpose

Home purchase 44 38% · 2.3% denied
Refinance 8 7% · 12.5% denied
Cash-out refinance 9 8% · 0.0% denied
Home improvement 24 21% · 25.0% denied
Other / HELOC 32 27% · 28.1% denied

By loan type

Conventional 117 100% · 14.5% denied

Why it denied Indiana applicants

Credit history 7 41%
Collateral 5 29%
Debt-to-income ratio 4 24%
Unverifiable information 1 6%

Where in Indiana

Counties with the most Baxter Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Monroe County 16121 6.3%
Marion County 1482 14.3%
Hamilton County 13110 0.0%
Owen County 1191 9.1%
Greene County 962 22.2%
Lake County 862 25.0%
Hendricks County 521 20.0%
Boone County 320 0.0%
LaPorte County 330 0.0%
Vanderburgh County 321 33.3%

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: 117 applications in 2025, of which 76 were originated and 17 denied.

14.5% of all applications, or 14.8% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Baxter Credit Union originated in Indiana in 2025 was 6.94%, against a statewide median of 6.75%.

About this data. Figures are Baxter 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