Navy Federal Credit Union in Indiana vs the state
20.0%Denial rate+3.41 pts vs state
28.4%Decision denial rate+8.26 pts vs state
49.2%Origination rate-13.06 pts vs state
6.75%Median rate0.00 pts vs state
0.20Rate spread (pts)-0.16 pts vs state
$105kMedian applicant income
906Loans originated
368Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,607 | 732 | 27.7% | 7.13% | #46 |
| 2024 | 1,738 | 886 | 20.1% | 7.00% | #44 |
| 2025 | 1,842 | 906 | 20.0% | 6.75% | #44 |
What Navy Federal Credit Union lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Navy Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Marion County | 266 | 123 | 68 | 25.6% |
| Lake County | 180 | 55 | 51 | 28.3% |
| Hamilton County | 123 | 62 | 19 | 15.4% |
| Allen County | 104 | 60 | 16 | 15.4% |
| Hendricks County | 85 | 38 | 19 | 22.4% |
| St. Joseph County | 56 | 28 | 11 | 19.6% |
| Clark County | 55 | 27 | 10 | 18.2% |
| Hancock County | 55 | 28 | 9 | 16.4% |
| Porter County | 55 | 31 | 9 | 16.4% |
| Johnson County | 50 | 29 | 7 | 14.0% |
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: 1,842 applications in 2025, of which 906 were originated and 368 denied.
20.0% of all applications, or 28.4% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Navy Federal Credit Union originated in Indiana in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are Navy 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