# INDIANA MEMBERS CREDIT UNION

> **Canonical URL:** https://saferate.com/lenders/indiana-members-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


INDIANA MEMBERS CREDIT UNION is a credit union, headquartered in Indianapolis, IN, serving borrowers across 2 states, with 470 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 14% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 47% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300S99IK3EU11AS13
- **Headquarters:** Indianapolis, IN
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** IN, KY
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 86/100
- Rating: ●●●●● (5/5)

### Pull Through: Sound ☺️
- Score: 53/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** -0.274%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,093
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 470
- **Dollar Volume:** $122 million
- **Applications Received:** 735
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $258,553
- **Average Borrower Income:** $132,536
- **Average Property Value:** $371,106

## Safe Rate Awards 🏆

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

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 65/100 | 444 | -0.283% | $1,079 | Strong 😀 |
| FHA | 50/100 | 13 | +0.530% | $1,020 | Sound ☺️ |
| Jumbo | 64/100 | 13 | -0.950% | $1,758 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 319 loans, Score: 63/100 (Strong)
- Refinance: 125 loans, Score: 66/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 61/100 | 343 | $101M | -0.318% | Strong 😀 |
| Refinance | 64/100 | 127 | $20M | -0.146% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IN | 466 | 0.51% | 82/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Indianapolis | IN | 323 | 85/100 |
| Evansville, IN | IN | 80 | 71/100 |
| Non |  | 31 | 35/100 |

## Where This Lender Ranks

INDIANA MEMBERS CREDIT UNION appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in Indianapolis for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥈 **#2** in Indianapolis for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🥉 **#3** in Indianapolis Credit Unions
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/credit-unions)
- 🥉 **#3** in Indianapolis for FHA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/credit-unions/fha-loans)
- 🥉 **#3** in Evansville, IN for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/evansville-in/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#4** in Indiana for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🏆 **#5** in Indiana for FHA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/credit-unions/fha-loans)
- 🏆 **#7** in Evansville, IN for Conventional Loans
  - [View Full Rankings](https://saferate.com/evansville-in/best-mortgage-lenders/conventional-loans)
- 🏆 **#8** in Indianapolis
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders)
- 🏆 **#9** in Indiana Credit Unions
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/credit-unions)
- 🏆 **#9** in Indianapolis for Jumbo Loans
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/jumbo-loans)
- 🏆 **#9** in Evansville, IN
  - [View Full Rankings](https://saferate.com/evansville-in/best-mortgage-lenders)
- 🏆 **#10** in Indiana for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#11** in Indiana for Jumbo Loans
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/jumbo-loans)
- 🏆 **#14** in Indianapolis for Conventional Loans
  - [View Full Rankings](https://saferate.com/indianapolis/best-mortgage-lenders/conventional-loans)
- 🏆 **#16** in Indiana
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders)

## Frequently Asked Questions

### What loan types does INDIANA MEMBERS CREDIT UNION offer?

INDIANA MEMBERS 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 INDIANA MEMBERS CREDIT UNION offer mortgages?

INDIANA MEMBERS CREDIT UNION offers mortgages in 2 states: IN, KY.

### How competitive are INDIANA MEMBERS CREDIT UNION's mortgage rates?

INDIANA MEMBERS CREDIT UNION has a pricing score of 86/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.274% below market average.

### What type of lender is INDIANA MEMBERS CREDIT UNION?

INDIANA MEMBERS CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Indianapolis, IN.

### What is INDIANA MEMBERS CREDIT UNION's loan approval success rate?

INDIANA MEMBERS CREDIT UNION has a pull-through score of 53/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## 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/indiana-members-credit-union

### How to Cite

> "INDIANA MEMBERS CREDIT UNION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/indiana-members-credit-union

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