Indiana University Credit Union · Indiana · 2025

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

Indiana University Credit Union took 1,313 mortgage applications in Indiana in 2025, ranking #62 of 1,025 lenders active in the state. It originated 73.3% of them and denied 15.3% (17.1% of the applications it decided), against a statewide denial rate of 16.6%.

1.3kApplicationsin IN
17.1%Decision denial ratestate 20.1%
6.88%Median ratestate 6.75%
$105,000Median loanstate $155,000
$225MVolume46 counties

Indiana University Credit Union in Indiana vs the state

15.3%Denial rate-1.26 pts vs state
17.1%Decision denial rate-3.08 pts vs state
73.3%Origination rate+11.02 pts vs state
6.88%Median rate+0.13 pts vs state
0.29Rate spread (pts)-0.08 pts vs state
$97kMedian applicant income
962Loans originated
201Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,21987916.3%6.88%#58
20241,25091514.6%7.10%#60
20251,31396215.3%6.88%#62

What Indiana University Credit Union lends in Indiana

By loan purpose

Home purchase 350 27% · 8.3% denied
Refinance 224 17% · 26.3% denied
Cash-out refinance 618 47% · 16.8% denied
Home improvement 116 9% · 5.2% denied
Other / HELOC 5 0% · 60.0% denied

By loan type

Conventional 1,313 100% · 15.3% denied

Why it denied Indiana applicants

Other 107 53%
Debt-to-income ratio 76 38%
Credit history 9 4%
Employment history 7 3%
Collateral 2 1%

Where in Indiana

Counties with the most Indiana University Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Monroe County 809603114 14.1%
Marion County 705214 20.0%
Lawrence County 664612 18.2%
Greene County 452911 24.4%
Owen County 43258 18.6%
Johnson County 412513 31.7%
Morgan County 26176 23.1%
Brown County 25145 20.0%
Lake County 23211 4.3%
St. Joseph County 19180 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: 1,313 applications in 2025, of which 962 were originated and 201 denied.

15.3% of all applications, or 17.1% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Indiana University Credit Union originated in Indiana in 2025 was 6.88%, against a statewide median of 6.75%.

About this data. Figures are Indiana University 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