Third Federal Savings and Loan Association of Cleveland in Indiana vs the state
34.4%Denial rate+17.85 pts vs state
39.8%Decision denial rate+19.69 pts vs state
51.0%Origination rate-11.24 pts vs state
6.99%Median rate+0.24 pts vs state
-0.26Rate spread (pts)-0.63 pts vs state
$127kMedian applicant income
203Loans originated
137Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 366 | 178 | 37.7% | 6.99% | #120 |
| 2024 | 487 | 238 | 40.9% | 7.49% | #111 |
| 2025 | 398 | 203 | 34.4% | 6.99% | #135 |
What Third Federal Savings and Loan Association of Cleveland lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most Third Federal Savings and Loan Association of Cleveland applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hamilton County | 74 | 48 | 20 | 27.0% |
| Marion County | 53 | 33 | 15 | 28.3% |
| Lake County | 29 | 16 | 8 | 27.6% |
| Hendricks County | 19 | 9 | 5 | 26.3% |
| Allen County | 17 | 11 | 3 | 17.6% |
| Porter County | 17 | 10 | 4 | 23.5% |
| St. Joseph County | 15 | 5 | 7 | 46.7% |
| Dearborn County | 10 | 4 | 5 | 50.0% |
| Elkhart County | 10 | 4 | 5 | 50.0% |
| Hancock County | 9 | 2 | 6 | 66.7% |
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: 398 applications in 2025, of which 203 were originated and 137 denied.
34.4% of all applications, or 39.8% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans Third Federal Savings and Loan Association of Cleveland originated in Indiana in 2025 was 6.99%, against a statewide median of 6.75%.
About this data. Figures are Third Federal Savings and Loan Association of Cleveland'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