Profed Credit Union mortgage approval rate & lending review
Profed Credit Union decided 576 mortgage applications and funded 385 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Profed Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Profed Credit Union at a glance
Approval is 5.4 points above the 82.6% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 94% | 363 / 387 | 80% | $225K | 289 |
| Cash-out refinance | 76% | 82 / 108 | 72% | $145K | 59 |
| Refinance | 73% | 33 / 45 | 64% | $205K | 21 |
Profed Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Indiana | 88% | $225K | 568 | 379 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Profed Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Allen County, IN | Mortgage lenders | 94% | 365 | 271 |
| Allen County, IN | Cash-out refinance | 76% | 108 | 59 |
| Allen County, IN | Refinance | 72% | 43 | 20 |
The county markets where Profed Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Profed Credit Union
What is Profed Credit Union's mortgage approval rate?
Profed Credit Union approved 88.0% of the 576 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 5.4 points above the 82.6% national rate for the same mix of loan types.
How often do borrowers take the loan Profed Credit Union offers?
Borrowers accepted 76% of the loans Profed Credit Union approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Profed Credit Union make?
The typical home purchase mortgage loan Profed Credit Union made was $225K; across all loan types its typical loan ran from $145K to $225K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Profed Credit Union lend?
Profed Credit Union decided applications in 5 of the states Fat Boy Data covers, most of them in Indiana, Kentucky and Michigan.
Can I apply to Profed Credit Union directly?
Yes. Profed Credit Union is a bank or credit union with 13 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Profed Credit Union's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Profed Credit Union treats applications, then get a rate quote from the lender.