Park Federal Credit Union · Indiana · 2025

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

Park Federal Credit Union took 120 mortgage applications in Indiana in 2025, ranking #251 of 1,025 lenders active in the state. It originated 69.2% of them and denied 14.2% (17.0% of the applications it decided), against a statewide denial rate of 16.6%.

120Applicationsin IN
17.0%Decision denial ratestate 20.1%
7.50%Median ratestate 6.75%
$90,000Median loanstate $155,000
$12MVolume8 counties

Park Federal Credit Union in Indiana vs the state

14.2%Denial rate-2.40 pts vs state
17.0%Decision denial rate-3.14 pts vs state
69.2%Origination rate+6.92 pts vs state
7.50%Median rate+0.75 pts vs state
-0.34Rate spread (pts)-0.70 pts vs state
$93kMedian applicant income
83Loans originated
17Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202319513314.4%7.13%#179
20241238115.5%8.00%#231
20251208314.2%7.50%#251

What Park Federal Credit Union lends in Indiana

By loan purpose

Home purchase 28 23% · 10.7% denied
Refinance 8 7% · 0.0% denied
Cash-out refinance 39 33% · 7.7% denied
Home improvement 24 20% · 16.7% denied
Other / HELOC 21 18% · 33.3% denied

By loan type

Conventional 120 100% · 14.2% denied

Why it denied Indiana applicants

Credit history 14 82%
Debt-to-income ratio 3 18%

Where in Indiana

Counties with the most Park Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 60427 11.7%
Floyd County 40286 15.0%
Harrison County 843 37.5%
Washington County 650 0.0%
Scott County 311 33.3%
Johnson County 110 0.0%
Crawford County 110 0.0%
Knox County 110 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: 120 applications in 2025, of which 83 were originated and 17 denied.

14.2% of all applications, or 17.0% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans Park Federal Credit Union originated in Indiana in 2025 was 7.50%, against a statewide median of 6.75%.

About this data. Figures are Park 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