Notre Dame Federal Credit Union · Indiana · 2025

Notre Dame Federal Credit Union in Indiana: approval rate, denial rate and rates (2025)

Notre Dame Federal Credit Union took 1,541 mortgage applications in Indiana in 2025, ranking #56 of 1,025 lenders active in the state. It originated 71.6% of them and denied 17.4% (18.9% of the applications it decided), against a statewide denial rate of 16.6%.

1.5kApplicationsin IN
18.9%Decision denial ratestate 20.1%
7.25%Median ratestate 6.75%
$105,000Median loanstate $155,000
$180MVolume25 counties

Notre Dame Federal Credit Union in Indiana vs the state

17.4%Denial rate+0.82 pts vs state
18.9%Decision denial rate-1.20 pts vs state
71.6%Origination rate+9.39 pts vs state
7.25%Median rate+0.50 pts vs state
0.31Rate spread (pts)-0.06 pts vs state
$82kMedian applicant income
1,104Loans originated
268Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,7061,14923.7%6.88%#43
20241,4631,02322.4%8.00%#53
20251,5411,10417.4%7.25%#56

What Notre Dame Federal Credit Union lends in Indiana

By loan purpose

Home purchase 522 34% · 1.9% denied
Refinance 162 11% · 3.7% denied
Cash-out refinance 342 22% · 10.2% denied
Home improvement 253 16% · 15.0% denied
Other / HELOC 262 17% · 68.3% denied

By loan type

Conventional 1,479 96% · 17.9% denied
FHA 60 4% · 5.0% denied
VA 2 0% · 0.0% denied

Why it denied Indiana applicants

Credit history 79 29%
Debt-to-income ratio 74 28%
Unverifiable information 71 26%
Collateral 31 12%
Employment history 12 4%
Incomplete application 1 0%

Where in Indiana

Counties with the most Notre Dame Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Joseph County 1,151831197 17.1%
Elkhart County 23617037 15.7%
Lake County 332210 30.3%
Allen County 21200 0.0%
LaPorte County 19117 36.8%
Kosciusko County 18124 22.2%
Marshall County 17104 23.5%
Hamilton County 1576 40.0%
Marion County 521 20.0%
Whitley County 421 25.0%

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: 1,541 applications in 2025, of which 1,104 were originated and 268 denied.

17.4% of all applications, or 18.9% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Notre Dame Federal Credit Union originated in Indiana in 2025 was 7.25%, against a statewide median of 6.75%.

About this data. Figures are Notre Dame 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