Lender profile · HMDA 2023–2025
Purdue Federal Credit Union mortgage approval rates & lending data
Purdue Federal Credit Union decided 2,527 mortgage applications and funded 2,211 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 95% | 1,130 / 1,187 | 100% | $265K | 1,127 |
| Home improvement loans | 81% | 708 / 873 | 99% | $55K | 701 |
| Cash-out refinance | 86% | 36 / 42 | 94% | $155K | 34 |
| Refinance | 82% | 209 / 254 | 100% | $115K | 208 |
| Investment property purchase | 89% | 106 / 119 | 98% | $165K | 104 |
| Investment home improvement | 54% | 14 / 26 | 100% | $95K | 14 |
Purdue Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Indiana | 89% | $165K | 2,296 | 2,027 |
| Illinois | 85% | $305K | 40 | 34 |
| Florida | 88% | $375K | 24 | 21 |
| Michigan | 100% | $235K | 18 | 18 |
| California | 56% | $545K | 16 | 9 |
| Ohio | 88% | $325K | 16 | 14 |
| Georgia | 92% | $515K | 13 | 12 |
| Texas | 60% | $285K | 10 | 6 |
| Pennsylvania | 89% | $165K | 9 | 8 |
| Arizona | 50% | $255K | 8 | 4 |
| North Carolina | 71% | $585K | 7 | 5 |
| Colorado | 67% | $455K | 6 | 4 |
| Maryland | 83% | $265K | 6 | 5 |
| Minnesota | 100% | $225K | 6 | 6 |
| Alabama | 100% | $105K | 5 | 5 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.