MICHIGAN STATE UNIVERSITY Federal Credit Union in Indiana vs the state
9.1%Denial rate-7.48 pts vs state
10.0%Decision denial rate-10.14 pts vs state
77.3%Origination rate+15.02 pts vs state
6.50%Median rate-0.25 pts vs state
0.25Rate spread (pts)-0.12 pts vs state
$98kMedian applicant income
17Loans originated
2Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 14 | 7 | 0.0% | 6.13% | #479 |
| 2024 | 12 | 7 | 8.3% | 7.13% | #509 |
| 2025 | 22 | 17 | 9.1% | 6.50% | #442 |
What MICHIGAN STATE UNIVERSITY Federal Credit Union lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most MICHIGAN STATE UNIVERSITY Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| St. Joseph County | 5 | 4 | 1 | 20.0% |
| Lake County | 2 | 1 | 1 | 50.0% |
| Monroe County | 2 | 2 | 0 | 0.0% |
| Tippecanoe County | 2 | 2 | 0 | 0.0% |
| Madison County | 1 | 1 | 0 | 0.0% |
| Kosciusko County | 1 | 1 | 0 | 0.0% |
| Allen County | 1 | 1 | 0 | 0.0% |
| Morgan County | 1 | 0 | 0 | 0.0% |
| Porter County | 1 | 1 | 0 | 0.0% |
| Delaware County | 1 | 1 | 0 | 0.0% |
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: 22 applications in 2025, of which 17 were originated and 2 denied.
9.1% of all applications, or 10.0% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans MICHIGAN STATE UNIVERSITY Federal Credit Union originated in Indiana in 2025 was 6.50%, against a statewide median of 6.75%.
About this data. Figures are MICHIGAN STATE UNIVERSITY 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