United Federal Credit Union · Indiana · 2025

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

United Federal Credit Union took 347 mortgage applications in Indiana in 2025, ranking #147 of 1,025 lenders active in the state. It originated 60.8% of them and denied 23.9% (27.8% of the applications it decided), against a statewide denial rate of 16.6%.

347Applicationsin IN
27.8%Decision denial ratestate 20.1%
6.88%Median ratestate 6.75%
$105,000Median loanstate $155,000
$39MVolume19 counties

United Federal Credit Union in Indiana vs the state

23.9%Denial rate+7.35 pts vs state
27.8%Decision denial rate+7.62 pts vs state
60.8%Origination rate-1.44 pts vs state
6.88%Median rate+0.13 pts vs state
0.39Rate spread (pts)+0.03 pts vs state
$85kMedian applicant income
211Loans originated
83Denied

Trend in Indiana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202334719728.8%7.75%#127
202432420025.3%8.05%#137
202534721123.9%6.88%#147

What United Federal Credit Union lends in Indiana

By loan purpose

Home purchase 112 32% · 2.7% denied
Refinance 40 12% · 17.5% denied
Cash-out refinance 36 10% · 5.6% denied
Home improvement 76 22% · 42.1% denied
Other / HELOC 83 24% · 47.0% denied

By loan type

Conventional 329 95% · 24.9% denied
FHA 12 3% · 8.3% denied
VA 6 2% · 0.0% denied

Why it denied Indiana applicants

Credit history 37 45%
Incomplete application 17 20%
Debt-to-income ratio 15 18%
Collateral 8 10%
Unverifiable information 3 4%
Other 2 2%
Employment history 1 1%

Where in Indiana

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

CountyApplicationsOriginatedDeniedDenial rate
St. Joseph County 22714153 23.3%
Elkhart County 563214 25.0%
Lake County 21109 42.9%
LaPorte County 1081 10.0%
Marshall County 963 33.3%
Marion County 430 0.0%
Hamilton County 310 0.0%
Porter County 321 33.3%
Kosciusko County 220 0.0%
Cass 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: 347 applications in 2025, of which 211 were originated and 83 denied.

23.9% of all applications, or 27.8% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.

The median rate on loans United Federal Credit Union originated in Indiana in 2025 was 6.88%, against a statewide median of 6.75%.

About this data. Figures are United 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