HONDA Federal Credit Union in Indiana vs the state
17.7%Denial rate+1.08 pts vs state
23.1%Decision denial rate+2.94 pts vs state
58.8%Origination rate-3.43 pts vs state
7.50%Median rate+0.75 pts vs state
2.62Rate spread (pts)+2.26 pts vs state
$91kMedian applicant income
30Loans originated
9Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 66 | 49 | 15.2% | 8.00% | #294 |
| 2024 | 47 | 36 | 12.8% | 8.00% | #349 |
| 2025 | 51 | 30 | 17.7% | 7.50% | #348 |
What HONDA Federal Credit Union lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most HONDA Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Decatur County | 15 | 12 | 1 | 6.7% |
| Franklin County | 8 | 5 | 2 | 25.0% |
| Marion County | 6 | 2 | 3 | 50.0% |
| Ripley County | 4 | 2 | 0 | 0.0% |
| Hancock County | 3 | 2 | 0 | 0.0% |
| Shelby County | 2 | 2 | 0 | 0.0% |
| Henry County | 2 | 1 | 0 | 0.0% |
| Rush County | 2 | 0 | 2 | 100.0% |
| Jennings County | 2 | 1 | 0 | 0.0% |
| Hamilton County | 2 | 1 | 1 | 50.0% |
Other large lenders in Indiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,503 | 18.6% | 6.75% |
| Ruoff Mortgage Company | A | 8,860 | 4.0% | 6.75% |
| Fifth Third Bank | D | 8,693 | 27.6% | 7.75% |
| United Shore Financial Services | B | 8,659 | 12.2% | 6.38% |
| Freedom Mortgage | B | 5,454 | 8.9% | 6.25% |
| Newrez | D | 5,421 | 18.2% | 6.63% |
| First Merchants Bank | C | 5,114 | 19.9% | 6.76% |
| Fairway Independent Mortgage | B | 4,813 | 7.4% | 6.75% |
| Mortgage Research Center | C | 4,791 | 19.0% | 6.25% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
Frequently asked questions
Indiana: 51 applications in 2025, of which 30 were originated and 9 denied.
17.7% of all applications, or 23.1% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans HONDA Federal Credit Union originated in Indiana in 2025 was 7.50%, against a statewide median of 6.75%.
About this data. Figures are HONDA 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