PARTNERS 1ST Federal Credit Union · Indiana · 2025

PARTNERS 1ST Federal Credit Union in Indiana: approval rate, denial rate and rates (2025)

PARTNERS 1ST Federal Credit Union took 280 mortgage applications in Indiana in 2025, ranking #163 of 1,025 lenders active in the state. It originated 74.6% of them and denied 10.7% (12.5% of the applications it decided), against a statewide denial rate of 16.6%.

280Applicationsin IN
12.5%Decision denial ratestate 20.1%
7.00%Median ratestate 6.75%
$105,000Median loanstate $155,000
$35MVolume22 counties

PARTNERS 1ST Federal Credit Union in Indiana vs the state

10.7%Denial rate-5.86 pts vs state
12.5%Decision denial rate-7.69 pts vs state
74.6%Origination rate+12.39 pts vs state
7.00%Median rate+0.25 pts vs state
0.28Rate spread (pts)-0.08 pts vs state
$98kMedian applicant income
209Loans originated
30Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233502728.3%7.00%#126
202431519913.7%8.00%#140
202528020910.7%7.00%#163

What PARTNERS 1ST Federal Credit Union lends in Indiana

By loan purpose

Home purchase 86 31% · 3.5% denied
Refinance 33 12% · 15.2% denied
Cash-out refinance 112 40% · 15.2% denied
Home improvement 47 17% · 6.4% denied
Other / HELOC 2 1% · 100.0% denied

By loan type

Conventional 280 100% · 10.7% denied

Why it denied Indiana applicants

Credit history 13 43%
Other 7 23%
Debt-to-income ratio 5 17%
Collateral 5 17%

Where in Indiana

Counties with the most PARTNERS 1ST Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Allen County 20715624 11.6%
Huntington County 13111 7.7%
DeKalb County 1280 0.0%
Whitley County 971 11.1%
Noble County 841 12.5%
Grant County 431 25.0%
Elkhart County 320 0.0%
Wells County 330 0.0%
St. Joseph County 320 0.0%
Kosciusko County 220 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: 280 applications in 2025, of which 209 were originated and 30 denied.

10.7% of all applications, or 12.5% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans PARTNERS 1ST Federal Credit Union originated in Indiana in 2025 was 7.00%, against a statewide median of 6.75%.

About this data. Figures are PARTNERS 1ST 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