Union Savings And Loan Association · Indiana · 2025

Union Savings And Loan Association in Indiana: approval rate, denial rate and rates (2025)

Union Savings And Loan Association took 166 mortgage applications in Indiana in 2025, ranking #223 of 1,025 lenders active in the state. It originated 80.1% of them and denied 11.5% (11.7% of the applications it decided), against a statewide denial rate of 16.6%.

166Applicationsin IN
11.7%Decision denial ratestate 20.1%
Median ratestate 6.75%
$140,000Median loanstate $155,000
$30MVolume15 counties

Union Savings And Loan Association in Indiana vs the state

11.5%Denial rate-5.12 pts vs state
11.7%Decision denial rate-8.48 pts vs state
80.1%Origination rate+17.87 pts vs state
Median rate
Rate spread (pts)
$77kMedian applicant income
133Loans originated
19Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202317112317.0%6.00%#191
20241721239.3%#206
202516613311.5%#223

What Union Savings And Loan Association lends in Indiana

By loan purpose

Home purchase 76 46% · 13.2% denied
Refinance 65 39% · 12.3% denied
Cash-out refinance 22 13% · 4.6% denied
Home improvement 1 1% · 0.0% denied
Other / HELOC 2 1% · 0.0% denied

By loan type

Conventional 166 100% · 11.5% denied

Why it denied Indiana applicants

Debt-to-income ratio 7 37%
Other 5 26%
Credit history 4 21%
Collateral 3 16%

Where in Indiana

Counties with the most Union Savings And Loan Association applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fayette County 886811 12.5%
Rush County 18152 11.1%
Wayne County 13121 7.7%
Hancock County 1172 18.2%
Decatur County 1091 10.0%
Marion County 431 25.0%
Franklin County 440 0.0%
Ripley County 330 0.0%
Shelby County 320 0.0%
Bartholomew County 210 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: 166 applications in 2025, of which 133 were originated and 19 denied.

11.5% of all applications, or 11.7% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Union Savings And Loan Association'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