# PROFED CREDIT UNION

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


PROFED CREDIT UNION is a credit union, headquartered in Fort Wayne, IN, serving borrowers across 4 states, with 251 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 32% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 37% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300BSIYFJ3FALVK78
- **Headquarters:** Fort Wayne, IN
- **Geographic Reach:** Regional
- **States Served:** 4
- **State List:** IN, KY, MI, OH
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 68/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 63/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** -0.032%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $893
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 251
- **Dollar Volume:** $61 million
- **Applications Received:** 378
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $244,841
- **Average Borrower Income:** $110,940
- **Average Property Value:** $330,896

## Safe Rate Awards 🏆

- ⭐ **Refinance Gold Superstar** (64%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 60/100 | 251 | -0.032% | $893 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 183 loans, Score: 56/100 (Sound)
- Refinance: 68 loans, Score: 62/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 55/100 | 183 | $48M | -0.049% | Sound ☺️ |
| Refinance | 60/100 | 68 | $13M | +0.008% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IN | 239 | 0.26% | 76/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Fort Wayne, IN | IN | 149 | 80/100 |
| Non |  | 92 | 56/100 |

## Where This Lender Ranks

PROFED CREDIT UNION appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in Fort Wayne, IN
  - [View Full Rankings](https://saferate.com/fort-wayne-in/best-mortgage-lenders)
- 🥈 **#2** in Fort Wayne, IN Credit Unions
  - [View Full Rankings](https://saferate.com/fort-wayne-in/best-mortgage-lenders/credit-unions)
- 🏆 **#4** in Fort Wayne, IN for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/fort-wayne-in/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#11** in Indiana Credit Unions
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/credit-unions)
- 🏆 **#15** in Indiana for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/indiana/best-mortgage-lenders/credit-unions/conventional-loans)

## Frequently Asked Questions

### What loan types does PROFED CREDIT UNION offer?

PROFED CREDIT UNION offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does PROFED CREDIT UNION offer mortgages?

PROFED CREDIT UNION offers mortgages in 4 states: IN, KY, MI, OH.

### How competitive are PROFED CREDIT UNION's mortgage rates?

PROFED CREDIT UNION has a pricing score of 68/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.032% below market average.

### What type of lender is PROFED CREDIT UNION?

PROFED CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Fort Wayne, IN.

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

PROFED CREDIT UNION has a pull-through score of 63/100 (Strong). 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/profed-credit-union

### How to Cite

> "PROFED CREDIT UNION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/profed-credit-union

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