GREENSTATE Credit Union · Indiana · 2025

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

GREENSTATE Credit Union took 207 mortgage applications in Indiana in 2025, ranking #199 of 1,025 lenders active in the state. It originated 37.7% of them and denied 44.9% (48.2% of the applications it decided), against a statewide denial rate of 16.6%.

207Applicationsin IN
48.2%Decision denial ratestate 20.1%
7.30%Median ratestate 6.75%
$55,000Median loanstate $155,000
$12MVolume33 counties

GREENSTATE Credit Union in Indiana vs the state

44.9%Denial rate+28.36 pts vs state
48.2%Decision denial rate+28.05 pts vs state
37.7%Origination rate-24.57 pts vs state
7.30%Median rate+0.54 pts vs state
1.58Rate spread (pts)+1.22 pts vs state
$60kMedian applicant income
78Loans originated
93Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202323010535.2%8.99%#162
20242879445.0%9.87%#147
20252077844.9%7.30%#199

What GREENSTATE Credit Union lends in Indiana

By loan purpose

Home purchase 184 89% · 49.5% denied
Refinance 16 8% · 12.5% denied
Cash-out refinance 7 3% · 0.0% denied

By loan type

Conventional 204 99% · 45.6% denied
FHA 1 0% · 0.0% denied
VA 2 1% · 0.0% denied

Why it denied Indiana applicants

Credit history 54 58%
Debt-to-income ratio 35 38%
Other 1 1%
Employment history 1 1%
Unverifiable information 1 1%
Incomplete application 1 1%

Where in Indiana

Counties with the most GREENSTATE Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marion County 1888 44.4%
Elkhart County 1776 35.3%
LaPorte County 15105 33.3%
Monroe County 1576 40.0%
Morgan County 1448 57.1%
Allen County 1309 69.2%
Porter County 1143 27.3%
DeKalb County 1119 81.8%
Madison County 1028 80.0%
Lake County 971 11.1%

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: 207 applications in 2025, of which 78 were originated and 93 denied.

44.9% of all applications, or 48.2% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans GREENSTATE Credit Union originated in Indiana in 2025 was 7.30%, against a statewide median of 6.75%.

About this data. Figures are GREENSTATE 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