Thrive Federal Credit Union · Indiana · 2025

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

Thrive Federal Credit Union took 76 mortgage applications in Indiana in 2025, ranking #305 of 1,025 lenders active in the state. It originated 97.4% of them and denied 1.3% (1.3% of the applications it decided), against a statewide denial rate of 16.6%.

76Applicationsin IN
1.3%Decision denial ratestate 20.1%
7.50%Median ratestate 6.75%
$55,000Median loanstate $155,000
$4.7MVolume7 counties

Thrive Federal Credit Union in Indiana vs the state

1.3%Denial rate-15.25 pts vs state
1.3%Decision denial rate-18.82 pts vs state
97.4%Origination rate+35.12 pts vs state
7.50%Median rate+0.75 pts vs state
1.58Rate spread (pts)+1.21 pts vs state
$90kMedian applicant income
74Loans originated
1Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202362610.0%7.75%#302
202468680.0%7.25%#301
202576741.3%7.50%#305

What Thrive Federal Credit Union lends in Indiana

By loan purpose

Home purchase 1 1% · 0.0% denied
Refinance 2 3% · 0.0% denied
Cash-out refinance 45 59% · 2.2% denied
Home improvement 13 17% · 0.0% denied
Other / HELOC 15 20% · 0.0% denied

By loan type

Conventional 76 100% · 1.3% denied

Why it denied Indiana applicants

Collateral 1 100%

Where in Indiana

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

CountyApplicationsOriginatedDeniedDenial rate
Delaware County 64621 1.6%
Randolph County 330 0.0%
Madison County 330 0.0%
Henry County 330 0.0%
Wayne County 110 0.0%
Noble County 110 0.0%
Jefferson 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: 76 applications in 2025, of which 74 were originated and 1 denied.

1.3% of all applications, or 1.3% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

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

About this data. Figures are Thrive 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