# Elements Financial Federal Credit Union

> **Canonical URL:** https://saferate.com/lenders/elements-financial-federal-credit-union


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Elements Financial Federal Credit Union is a credit union, headquartered in Indianapolis, IN, serving borrowers across 29 states, with 565 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 20% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 39% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300NZWZUYUWEOA562
- **Headquarters:** Indianapolis, IN
- **Geographic Reach:** Near-National
- **States Served:** 29
- **State List:** AL, AZ, CA, CO, DC, DE, FL, GA, HI, IL, IN, KY, LA, MA, MD, MI, MN, MO, NC, NJ, OH, OR, PA, RI, SC, TN, TX, UT, WI
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 80/100
- Rating: ●●●●● (5/5)

### Pull Through: Strong 😀
- Score: 61/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.096%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,125
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 565
- **Dollar Volume:** $196 million
- **Applications Received:** 765
- **Market Share:** 2.00%

## Typical Borrower Profile

- **Average Loan Amount:** $346,540
- **Average Borrower Income:** $176,209
- **Average Property Value:** $451,425

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (71%)
- ⭐ **FHA Gold Superstar** (71%)
- ⭐ **Purchase Gold Superstar** (71%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 61/100 | 505 | +0.090% | $1,137 | Strong 😀 |
| FHA | 58/100 | 40 | +0.226% | $1,200 | Sound ☺️ |
| Jumbo | 64/100 | 11 | +0.126% | $863 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 475 loans, Score: 63/100 (Strong)
- Refinance: 30 loans, Score: 42/100 (Sound)

**FHA:**
- Purchase: 33 loans, Score: 57/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 62/100 | 528 | $186M | +0.103% | Strong 😀 |
| Refinance | 43/100 | 37 | $10M | -0.019% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IN | 500 | 0.55% | 82/100 |
| NC | 10 | 0.01% | 37/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Indianapolis | IN | 452 | 89/100 |
| Non |  | 26 | 32/100 |
| Bloomington, IN | IN | 12 | 46/100 |

## Where This Lender Ranks

Elements Financial Federal Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Indianapolis
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders)
- 🥇 **#1** in Indianapolis Credit Unions
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/credit-unions)
- 🥇 **#1** in Indianapolis for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥇 **#1** in Indianapolis for VA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/credit-unions/va-loans)
- 🥇 **#1** in Indianapolis for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🥈 **#2** in Indiana for VA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/credit-unions/va-loans)
- 🥈 **#2** in Indianapolis for FHA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/credit-unions/fha-loans)
- 🥉 **#3** in Indiana Credit Unions
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/credit-unions)
- 🥉 **#3** in Indiana for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🏆 **#4** in Indiana
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders)
- 🏆 **#4** in Indiana for FHA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/credit-unions/fha-loans)
- 🏆 **#4** in Bloomington, IN for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/bloomington-in/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#7** in Indiana for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#8** in Indianapolis for Jumbo Loans
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/jumbo-loans)
- 🏆 **#9** in Indianapolis for FHA Loans
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/fha-loans)
- 🏆 **#10** in Indiana for Jumbo Loans
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/jumbo-loans)
- 🏆 **#11** in Bloomington, IN for Conventional Loans
  - [View Full Rankings](https://saferate.com/bloomington-in/best-mortgage-lenders/conventional-loans)
- 🏆 **#13** in Indianapolis for Conventional Loans
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/conventional-loans)
- 🏆 **#13** in Indianapolis for VA Loans
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/va-loans)
- 🏆 **#15** in Indiana for FHA Loans
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/fha-loans)

## Frequently Asked Questions

### What loan types does Elements Financial Federal Credit Union offer?

Elements Financial Federal Credit Union offers the following mortgage loan types: FHA, Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Elements Financial Federal Credit Union offer mortgages?

Elements Financial Federal Credit Union offers mortgages in 29 states: AL, AZ, CA, CO, DC, DE, FL, GA, HI, IL, IN, KY, LA, MA, MD, MI, MN, MO, NC, NJ, OH, OR, PA, RI, SC, TN, TX, UT, WI.

### How competitive are Elements Financial Federal Credit Union's mortgage rates?

Elements Financial Federal Credit Union has a pricing score of 80/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.096% above market average.

### What type of lender is Elements Financial Federal Credit Union?

Elements Financial Federal Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Indianapolis, IN.

### What is Elements Financial Federal Credit Union's loan approval success rate?

Elements Financial Federal Credit Union has a pull-through score of 61/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/elements-financial-federal-credit-union

### How to Cite

> "Elements Financial Federal Credit Union Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/elements-financial-federal-credit-union

---

**[View Interactive Profile →](https://saferate.com/lenders/elements-financial-federal-credit-union)**