Everence Federal Credit Union · Indiana · 2025

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

Everence Federal Credit Union took 62 mortgage applications in Indiana in 2025, ranking #326 of 1,025 lenders active in the state. It originated 62.9% of them and denied 29.0% (31.6% of the applications it decided), against a statewide denial rate of 16.6%.

62Applicationsin IN
31.6%Decision denial ratestate 20.1%
5.49%Median ratestate 6.75%
$95,000Median loanstate $155,000
$4.5MVolume5 counties

Everence Federal Credit Union in Indiana vs the state

29.0%Denial rate+12.46 pts vs state
31.6%Decision denial rate+11.44 pts vs state
62.9%Origination rate+0.65 pts vs state
5.49%Median rate-1.26 pts vs state
-0.55Rate spread (pts)-0.92 pts vs state
$84kMedian applicant income
39Loans originated
18Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023755712.0%7.38%#285
2024755814.7%5.49%#292
2025623929.0%5.49%#326

What Everence Federal Credit Union lends in Indiana

By loan purpose

Home purchase 9 15% · 11.1% denied
Refinance 2 3% · 0.0% denied
Cash-out refinance 3 5% · 33.3% denied
Other / HELOC 48 77% · 33.3% denied

By loan type

Conventional 62 100% · 29.0% denied

Why it denied Indiana applicants

Debt-to-income ratio 8 44%
Incomplete application 4 22%
Credit history 4 22%
Collateral 2 11%

Where in Indiana

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

CountyApplicationsOriginatedDeniedDenial rate
Elkhart County 483212 25.0%
St. Joseph County 852 25.0%
Kosciusko County 312 66.7%
Noble County 211 50.0%
Marion County 101 100.0%

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: 62 applications in 2025, of which 39 were originated and 18 denied.

29.0% of all applications, or 31.6% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Everence Federal Credit Union originated in Indiana in 2025 was 5.49%, against a statewide median of 6.75%.

About this data. Figures are Everence 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