Purdue Federal Credit Union mortgage approval rate & lending review
Purdue Federal Credit Union decided 2,527 mortgage applications and funded 2,211 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Purdue Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Purdue Federal Credit Union at a glance
Approval is 11.0 points above the 77.1% 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 | 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 |
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 Purdue Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Tippecanoe County, IN | Mortgage lenders | 95% | 882 | 835 |
| Tippecanoe County, IN | Home improvement loans | 86% | 644 | 550 |
| Tippecanoe County, IN | Refinance | 84% | 198 | 167 |
| Tippecanoe County, IN | Investment property purchase | 91% | 85 | 75 |
| LaPorte County, IN | Home improvement loans | 69% | 49 | 34 |
| Tippecanoe County, IN | Cash-out refinance | 87% | 30 | 25 |
| Lake County, IN | Home improvement loans | 65% | 37 | 24 |
| LaPorte County, IN | Mortgage lenders | 88% | 25 | 22 |
| Marion County, IN | Home improvement loans | 85% | 26 | 22 |
| Hamilton County, IN | Home improvement loans | 86% | 21 | 17 |
The county markets where Purdue Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Purdue Federal Credit Union
What is Purdue Federal Credit Union's mortgage approval rate?
Purdue Federal Credit Union approved 88.1% of the 2,527 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 11.0 points above the 77.1% national rate for the same mix of loan types.
How often do borrowers take the loan Purdue Federal Credit Union offers?
Borrowers accepted 99% of the loans Purdue Federal 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 Purdue Federal Credit Union make?
The typical home purchase mortgage loan Purdue Federal Credit Union made was $265K; across all loan types its typical loan ran from $55K to $265K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Purdue Federal Credit Union lend?
Purdue Federal Credit Union decided applications in 34 of the states Fat Boy Data covers, most of them in Indiana, Illinois and Florida.
Can I apply to Purdue Federal Credit Union directly?
Yes. Purdue Federal Credit Union is a bank or credit union with 14 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Purdue Federal 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 Purdue Federal Credit Union treats applications, then get a rate quote from the lender.