Ruoff Mortgage Company Rates, Fees & Info

Indianapolis, IN

LEI: 549300GSCUJKJINRJ980

Tax ID: 35-1616238

5 stars - Updated: 4/5/25 - out of 5 stars, based on 103 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Ruoff Mortgage Company is a small mortgage company specializing in Home Purchase loans. Ruoff Mortgage Company has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Indianapolis, Fort Wayne, Columbus, Cincinnati, and Cleveland among others. We have data for 272 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Ruoff Mortgage Company has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Ruoff Mortgage Company is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 7.13% 4/5/25
    30 Year Conventional Refi 6.88% 4/5/25
    30 Year Cash-out Refi 7.11% 4/5/25
    30 Year FHA Purchase 7.56% 4/5/25
    30 Year FHA Refi 7.33% 4/5/25
    30 Year VA Purchase 6.75% 4/5/25
    30 Year VA Refi 6.45% 4/5/25
    30 Year USDA Purchase 7.21% 4/5/25
    30 Year USDA Refi 6.97% 4/5/25
    15 Year Conventional Purchase 6.47% 4/5/25
    15 Year Conventional Refi 6.30% 4/5/25
    15 Year Cash-out Refi 6.30% 4/5/25
    15 Year FHA Purchase 6.00% 4/5/25
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Ruoff Mortgage Company Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Ruoff Mortgage Company. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    10,647

    Origination Dollar Volume (All Markets)

    $2,313,625,000
    Show all (97) awards

    Relative Rate

    Ruoff Mortgage Company's average 30 year fixed mortgage rate was 6.76%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of 0.21%.

    Relative Fees (Closing Costs)

    Ruoff Mortgage Company's average total fees/closing costs for a 30 year fixed rate mortgage were $4,383.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $8,356.

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1,508 $389,750,000 $258,455 $4,179 6.80%
    FORT WAYNE, IN (FHA|USDA|VA) 935 $202,335,000 $216,401 $3,850 6.82%
    COLUMBUS, OH (FHA|USDA|VA) 489 $128,785,000 $263,364 $5,886 6.71%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 434 $116,770,000 $269,055 $4,418 6.85%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 515 $109,175,000 $211,990 $5,065 6.78%
    LOUISVILLE, KY (FHA|USDA|VA) 396 $104,640,000 $264,242 $4,797 6.70%
    Outside of Metro Areas 513 $88,625,000 $172,758 $4,251 6.85%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 422 $84,360,000 $199,905 $3,820 6.88%
    BLOOMINGTON, IN (FHA|USDA|VA) 296 $73,980,000 $249,932 $3,357 6.83%
    AKRON, OH (FHA|USDA|VA) 274 $54,770,000 $199,891 $4,802 6.79%
    TERRE HAUTE, IN (FHA|USDA|VA) 306 $52,180,000 $170,523 $3,183 6.89%
    MUNCIE, IN (FHA|USDA|VA) 284 $46,830,000 $164,894 $3,193 6.99%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 182 $45,150,000 $248,077 $4,023 6.88%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 200 $43,220,000 $216,100 $4,409 6.96%
    Warsaw, IN (FHA|USDA|VA) 204 $42,960,000 $210,588 $4,143 6.82%
    ELKHART-GOSHEN, IN (FHA|USDA|VA) 187 $41,035,000 $219,439 $4,021 6.78%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 146 $33,060,000 $226,438 $5,155 6.74%
    Marion, IN (FHA|USDA|VA) 196 $30,230,000 $154,235 $3,333 6.85%
    JACKSON, MI (FHA|USDA|VA) 132 $23,700,000 $179,545 $4,106 6.74%
    Auburn, IN (FHA|USDA|VA) 112 $22,890,000 $204,375 $4,262 6.91%
    KOKOMO, IN (FHA|USDA|VA) 153 $22,745,000 $148,660 $3,147 6.93%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 81 $17,985,000 $222,037 $5,349 6.67%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 64 $17,310,000 $270,469 $5,190 6.84%
    Frankfort, IN (FHA|USDA|VA) 99 $17,205,000 $173,788 $3,514 6.84%
    BOWLING GREEN, KY (FHA|USDA|VA) 70 $17,160,000 $245,143 $4,899 6.82%
    TOLEDO, OH (FHA|USDA|VA) 84 $16,630,000 $197,976 $5,296 6.90%
    Bedford, IN (FHA|USDA|VA) 85 $16,265,000 $191,353 $2,959 6.76%
    New Castle, IN (FHA|USDA|VA) 99 $14,815,000 $149,646 $2,649 6.94%
    Zanesville, OH (FHA|USDA|VA) 72 $14,710,000 $204,306 $6,382 6.42%
    Bluffton, IN (FHA|USDA|VA) 66 $14,230,000 $215,606 $3,534 6.73%
    Kendallville, IN (FHA|USDA|VA) 63 $14,025,000 $222,619 $4,373 6.75%
    NILES, MI (FHA|USDA|VA) 75 $13,815,000 $184,200 $4,291 6.63%
    Huntington, IN (FHA|USDA|VA) 78 $13,330,000 $170,897 $3,626 6.88%
    Angola, IN (FHA|USDA|VA) 65 $12,865,000 $197,923 $4,165 6.87%
    Sturgis, MI (FHA|USDA|VA) 70 $12,830,000 $183,286 $4,041 6.67%
    Plymouth, IN (FHA|USDA|VA) 74 $12,350,000 $166,892 $4,433 6.99%
    Wabash, IN (FHA|USDA|VA) 77 $12,065,000 $156,688 $3,151 6.87%
    Decatur, IN (FHA|USDA|VA) 63 $11,715,000 $185,952 $3,130 6.59%
    ANN ARBOR, MI (FHA|USDA|VA) 32 $11,090,000 $346,563 $4,418 6.80%
    COLUMBUS, IN (FHA|USDA|VA) 52 $10,490,000 $201,731 $4,665 7.13%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 34 $10,420,000 $306,471 $4,171 6.74%
    COLUMBUS, GA-AL (FHA|USDA|VA) 42 $10,150,000 $241,667 $5,038 6.57%
    Crawfordsville, IN (FHA|USDA|VA) 47 $9,715,000 $206,702 $4,283 6.76%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 31 $9,615,000 $310,161 $5,803 6.29%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 38 $8,580,000 $225,789 $6,017 6.74%
    Peru, IN (FHA|USDA|VA) 56 $8,000,000 $142,857 $2,905 6.83%
    Mount Vernon, OH (FHA|USDA|VA) 34 $7,700,000 $226,471 $5,093 6.67%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 29 $7,505,000 $258,793 $4,859 6.69%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 30 $6,440,000 $214,667 $4,246 6.84%
    Madison, IN (FHA|USDA|VA) 32 $6,360,000 $198,750 $3,785 7.01%
    Richmond-Berea, KY (FHA|USDA|VA) 27 $5,965,000 $220,926 $4,242 6.75%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 24 $5,540,000 $230,833 $4,518 6.69%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 19 $5,305,000 $279,211 $6,115 6.51%
    Logansport, IN (FHA|USDA|VA) 34 $5,050,000 $148,529 $3,152 6.84%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 15 $5,035,000 $335,667 $7,604 6.33%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 29 $4,965,000 $171,207 $4,174 6.83%
    Coshocton, OH (FHA|USDA|VA) 29 $4,885,000 $168,448 $3,827 6.63%
    Coldwater, MI (FHA|USDA|VA) 17 $4,565,000 $268,529 $5,849 6.58%
    Seymour, IN (FHA|USDA|VA) 22 $4,280,000 $194,545 $3,810 7.09%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 11 $4,215,000 $383,182 $8,808 6.53%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 17 $4,095,000 $240,882 $4,630 6.99%
    OWENSBORO, KY (FHA|USDA|VA) 20 $3,960,000 $198,000 $4,578 6.24%
    Greensburg, IN (FHA|USDA|VA) 20 $3,830,000 $191,500 $3,223 6.83%
    Bardstown, KY (FHA|USDA|VA) 15 $3,505,000 $233,667 $6,209 6.82%
    MUSKEGON, MI (FHA|USDA|VA) 18 $3,190,000 $177,222 $5,153 6.63%
    Holland, MI (FHA|USDA|VA) 12 $3,150,000 $262,500 $4,924 6.52%
    Ashtabula, OH (FHA|USDA|VA) 16 $2,850,000 $178,125 $3,943 6.69%
    Vincennes, IN (FHA|USDA|VA) 22 $2,650,000 $120,455 $2,219 7.11%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 15 $2,585,000 $172,333 $3,708 6.83%
    Bellefontaine, OH (FHA|USDA|VA) 10 $2,490,000 $249,000 $5,437 6.66%
    Wilmington, OH (FHA|USDA|VA) 9 $2,485,000 $276,111 $4,223 6.79%
    Paducah, KY-IL (FHA|USDA|VA) 11 $2,465,000 $224,091 $4,764 6.88%
    BATTLE CREEK, MI (FHA|USDA|VA) 15 $2,465,000 $164,333 $2,764 6.69%
    North Vernon, IN (FHA|USDA|VA) 10 $2,420,000 $242,000 $4,667 6.83%
    MONROE, MI (FHA|USDA|VA) 12 $2,340,000 $195,000 $5,147 7.08%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 13 $2,315,000 $178,077 $6,688 6.56%
    Marion, OH (FHA|USDA|VA) 14 $2,250,000 $160,714 $5,180 7.08%
    SPRINGFIELD, OH (FHA|USDA|VA) 13 $2,205,000 $169,615 $5,495 6.83%
    FLINT, MI (FHA|USDA|VA) 8 $2,200,000 $275,000 $4,587 6.84%
    Madisonville, KY (FHA|USDA|VA) 13 $2,115,000 $162,692 $3,291 6.86%
    Campbellsville, KY (FHA|USDA|VA) 13 $2,075,000 $159,615 $3,938 6.68%
    Richmond, IN (FHA|USDA|VA) 10 $2,040,000 $204,000 $1,546 7.03%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 7 $2,035,000 $290,714 $6,282 6.70%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 6 $2,010,000 $335,000 $7,982 6.46%
    MANSFIELD, OH (FHA|USDA|VA) 11 $2,005,000 $182,273 $4,557 6.78%
    Wooster, OH (FHA|USDA|VA) 10 $1,980,000 $198,000 $4,476 6.78%
    Glasgow, KY (FHA|USDA|VA) 11 $1,935,000 $175,909 $4,524 6.59%
    Chillicothe, OH (FHA|USDA|VA) 8 $1,730,000 $216,250 $5,066 6.64%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $1,720,000 $430,000 $4,227 7.13%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 6 $1,710,000 $285,000 $5,467 6.63%
    Danville, KY (FHA|USDA|VA) 9 $1,665,000 $185,000 $4,211 7.22%
    Sandusky, OH (FHA|USDA|VA) 10 $1,590,000 $159,000 $3,845 6.69%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 5 $1,555,000 $311,000 $4,213 6.83%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 10 $1,540,000 $154,000 $5,329 6.29%
    PITTSBURGH, PA (FHA|USDA|VA) 7 $1,465,000 $209,286 $8,926 6.38%
    Frankfort, KY (FHA|USDA|VA) 9 $1,455,000 $161,667 $4,467 6.81%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 9 $1,455,000 $161,667 $4,989 6.79%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 9 $1,425,000 $158,333 $5,641 6.24%
    New Philadelphia-Dover, OH (FHA|USDA|VA) 7 $1,405,000 $200,714 $5,617 6.64%
    Bucyrus-Galion, OH (FHA|USDA|VA) 6 $1,380,000 $230,000 $4,990 6.90%
    JACKSONVILLE, FL (FHA|USDA|VA) 9 $1,365,000 $151,667 $6,605 6.36%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 4 $1,310,000 $327,500 $13,285 5.91%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $1,265,000 $1,265,000 $29,353 7.75%
    Connersville, IN (FHA|USDA|VA) 6 $1,210,000 $201,667 $4,266 6.52%
    Athens, OH (FHA|USDA|VA) 7 $1,195,000 $170,714 $3,802 6.57%
    Washington, IN (FHA|USDA|VA) 6 $1,180,000 $196,667 $3,595 6.92%
    Hillsdale, MI (FHA|USDA|VA) 6 $1,140,000 $190,000 $3,546 6.77%
    Cambridge, OH (FHA|USDA|VA) 5 $1,125,000 $225,000 $8,846 6.28%
    Van Wert, OH (FHA|USDA|VA) 7 $1,115,000 $159,286 $2,802 6.75%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $1,085,000 $361,667 $4,608 6.38%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 4 $1,070,000 $267,500 $6,723 6.28%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $1,060,000 $530,000 $10,953 6.44%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 5 $1,045,000 $209,000 $4,687 6.48%
    Mayfield, KY (FHA|USDA|VA) 4 $1,030,000 $257,500 $7,437 6.25%
    Adrian, MI (FHA|USDA|VA) 6 $1,020,000 $170,000 $5,202 6.60%
    LIMA, OH (FHA|USDA|VA) 7 $995,000 $142,143 $5,630 6.63%
    Ashland, OH (FHA|USDA|VA) 6 $910,000 $151,667 $4,204 6.88%
    PANAMA CITY, FL (FHA|USDA|VA) 3 $895,000 $298,333 $7,797 7.08%
    Greenville, OH (FHA|USDA|VA) 3 $895,000 $298,333 $7,069 6.67%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 5 $885,000 $177,000 $6,486 6.18%
    COLUMBIA, SC (FHA|USDA|VA) 5 $855,000 $171,000 $7,304 6.20%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 4 $830,000 $207,500 $8,834 6.13%
    CLEVELAND, TN (FHA|USDA|VA) 2 $830,000 $415,000 $313 7.06%
    Point Pleasant, WV-OH (FHA|USDA|VA) 5 $805,000 $161,000 $2,518 7.03%
    Washington Court House, OH (FHA|USDA|VA) 3 $795,000 $265,000 $6,164 6.92%
    Scottsburg, IN (FHA|USDA|VA) 5 $695,000 $139,000 $1,948 7.38%
    STOCKTON, CA (FHA|USDA|VA) 1 $685,000 $685,000 $11,909 6.13%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $680,000 $340,000 $6,840 6.44%
    THE VILLAGES, FL (FHA|USDA|VA) 2 $670,000 $335,000 $16,815 5.81%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 6 $650,000 $108,333 $6,238 6.29%
    OCALA, FL (FHA|USDA|VA) 4 $630,000 $157,500 $5,629 6.41%
    PUNTA GORDA, FL (FHA|USDA|VA) 2 $620,000 $310,000 $11,471 7.13%
    Murray, KY (FHA|USDA|VA) 3 $615,000 $205,000 $4,908 6.83%
    Jasper, IN (FHA|USDA|VA) 3 $605,000 $201,667 $3,869 6.58%
    Cornelia, GA (FHA|USDA|VA) 2 $600,000 $300,000 $16,648 6.06%
    RICHMOND, VA (FHA|USDA|VA) 4 $570,000 $142,500 $7,460 6.19%
    London, KY (FHA|USDA|VA) 3 $555,000 $185,000 $3,173 7.33%
    Sidney, OH (FHA|USDA|VA) 1 $545,000 $545,000 $5,093 7.13%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 3 $535,000 $178,333 $6,061 6.25%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 3 $515,000 $171,667 $6,014 6.00%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $515,000 $515,000 $3,239 6.63%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 4 $510,000 $127,500 $6,119 5.72%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $505,000 $168,333 $9,088 6.08%
    Salem, OH (FHA|USDA|VA) 3 $485,000 $161,667 $5,458 6.79%
    WINSTON-SALEM, NC (FHA|USDA|VA) 2 $480,000 $240,000 $2,026 5.69%
    Mount Sterling, KY (FHA|USDA|VA) 2 $480,000 $240,000 $7,072 6.00%
    Somerset, KY (FHA|USDA|VA) 3 $475,000 $158,333 $3,845 6.54%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $470,000 $235,000 $3,728 6.63%
    Celina, OH (FHA|USDA|VA) 2 $450,000 $225,000 $5,398 6.50%
    MORRISTOWN, TN (FHA|USDA|VA) 2 $440,000 $220,000 $11,984 5.38%
    Sayre, PA (FHA|USDA|VA) 2 $440,000 $220,000 $4,558 5.94%
    TUSCALOOSA, AL (FHA|USDA|VA) 1 $435,000 $435,000 $5,035 6.63%
    BRUNSWICK, GA (FHA|USDA|VA) 1 $435,000 $435,000 $2,616 8.00%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 3 $435,000 $145,000 $3,692 6.75%
    Alexander City, AL (FHA|USDA|VA) 2 $430,000 $215,000 $6,837 6.38%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $425,000 $141,667 $7,002 6.08%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 3 $415,000 $138,333 $9,172 6.25%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 2 $410,000 $205,000 $4,279 6.25%
    SEBRING-AVON PARK, FL (FHA|USDA|VA) 2 $380,000 $190,000 $5,948 7.75%
    TOPEKA, KS (FHA|USDA|VA) 3 $375,000 $125,000 $6,967 5.96%
    WARNER ROBINS, GA (FHA|USDA|VA) 2 $370,000 $185,000 $8,772 6.19%
    Georgetown, SC (FHA|USDA|VA) 2 $370,000 $185,000 $9,573 5.69%
    Defiance, OH (FHA|USDA|VA) 2 $360,000 $180,000 $4,304 7.00%
    Cadillac, MI (FHA|USDA|VA) 1 $345,000 $345,000 $3,645 5.75%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $320,000 $160,000 $6,218 5.94%
    BANGOR, ME (FHA|USDA|VA) 2 $320,000 $160,000 $9,624 5.81%
    Big Rapids, MI (FHA|USDA|VA) 1 $315,000 $315,000 $1,751 6.63%
    Tahlequah, OK (FHA|USDA|VA) 2 $310,000 $155,000 $6,793 5.81%
    Oxford, MS (FHA|USDA|VA) 1 $305,000 $305,000 $0 7.13%
    Toccoa, GA (FHA|USDA|VA) 1 $305,000 $305,000 $0 6.88%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 4 $300,000 $75,000 $4,477 6.16%
    WHEELING, WV-OH (FHA|USDA|VA) 1 $285,000 $285,000 $8,741 6.13%
    DALTON, GA (FHA|USDA|VA) 1 $285,000 $285,000 $8,355 6.50%
    Sevierville, TN (FHA|USDA|VA) 1 $275,000 $275,000 $4,760 4.25%
    Norwalk, OH (FHA|USDA|VA) 1 $275,000 $275,000 $6,901 6.25%
    Marquette, MI (FHA|USDA|VA) 1 $275,000 $275,000 $4,299 6.63%
    TULSA, OK (FHA|USDA|VA) 2 $270,000 $135,000 $9,213 6.38%
    Findlay, OH (FHA|USDA|VA) 1 $265,000 $265,000 $4,503 7.13%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $260,000 $130,000 $6,821 5.63%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 2 $260,000 $130,000 $6,920 5.88%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $250,000 $125,000 $5,418 6.00%
    Duncan, OK (FHA|USDA|VA) 2 $250,000 $125,000 $8,641 6.06%
    Marietta, OH (FHA|USDA|VA) 1 $245,000 $245,000 $5,034 6.63%
    SPRINGFIELD, IL (FHA|USDA|VA) 1 $235,000 $235,000 $1,483 6.63%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $235,000 $235,000 $1,457 6.25%
    Fremont, OH (FHA|USDA|VA) 1 $225,000 $225,000 $5,184 6.50%
    Wilson, NC (FHA|USDA|VA) 2 $210,000 $105,000 $5,994 6.25%
    RALEIGH-CARY, NC (FHA|USDA|VA) 2 $210,000 $105,000 $3,788 5.69%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $210,000 $105,000 $5,433 5.81%
    JACKSONVILLE, NC (FHA|USDA|VA) 2 $200,000 $100,000 $4,223 6.81%
    Vicksburg, MS (FHA|USDA|VA) 1 $195,000 $195,000 $11,787 5.75%
    GETTYSBURG, PA (FHA|USDA|VA) 1 $195,000 $195,000 $11,994 5.75%
    EAU CLAIRE, WI (FHA|USDA|VA) 1 $185,000 $185,000 $10,169 6.50%
    BAY CITY, MI (FHA|USDA|VA) 1 $185,000 $185,000 $830 6.63%
    Sault Ste. Marie, MI (FHA|USDA|VA) 1 $185,000 $185,000 $3,158 7.13%
    SAGINAW, MI (FHA|USDA|VA) 1 $175,000 $175,000 $9,641 5.50%
    WINCHESTER, VA-WV (FHA|USDA|VA) 1 $175,000 $175,000 $9,911 5.75%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $175,000 $175,000 $8,830 6.88%
    FOND DU LAC, WI (FHA|USDA|VA) 1 $175,000 $175,000 $11,796 5.75%
    Greeneville, TN (FHA|USDA|VA) 2 $170,000 $85,000 $5,063 5.81%
    FAYETTEVILLE, NC (FHA|USDA|VA) 2 $160,000 $80,000 $3,540 6.13%
    Warrensburg, MO (FHA|USDA|VA) 1 $155,000 $155,000 $7,603 6.50%
    Kinston, NC (FHA|USDA|VA) 1 $155,000 $155,000 $2,680 7.13%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $155,000 $155,000 $7,295 6.38%
    Lebanon, NH-VT (FHA|USDA|VA) 1 $155,000 $155,000 $3,215 6.13%
    WILMINGTON, NC (FHA|USDA|VA) 1 $155,000 $155,000 $7,940 5.88%
    Jackson, OH (FHA|USDA|VA) 1 $155,000 $155,000 $3,886 7.50%
    Alma, MI (FHA|USDA|VA) 1 $155,000 $155,000 $8,541 6.38%
    Indiana, PA (FHA|USDA|VA) 2 $150,000 $75,000 $10,691 6.63%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $150,000 $75,000 $5,907 6.38%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $145,000 $145,000 $2,695 5.50%
    NEW BERN, NC (FHA|USDA|VA) 1 $145,000 $145,000 $5,037 5.50%
    MIDLAND, MI (FHA|USDA|VA) 1 $145,000 $145,000 $6,618 5.88%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $145,000 $145,000 $9,366 5.88%
    DULUTH, MN-WI (FHA|USDA|VA) 1 $145,000 $145,000 $6,460 5.75%
    COLUMBIA, MO (FHA|USDA|VA) 2 $140,000 $70,000 $5,241 6.13%
    Albertville, AL (FHA|USDA|VA) 1 $135,000 $135,000 $8,468 5.75%
    Alpena, MI (FHA|USDA|VA) 1 $135,000 $135,000 $3,258 6.75%
    SPRINGFIELD, MO (FHA|USDA|VA) 2 $130,000 $65,000 $4,434 5.94%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $125,000 $125,000 $3,976 5.88%
    Sikeston, MO (FHA|USDA|VA) 1 $125,000 $125,000 $7,120 6.00%
    Traverse City, MI (FHA|USDA|VA) 1 $125,000 $125,000 $5,822 6.63%
    JACKSON, MS (FHA|USDA|VA) 1 $115,000 $115,000 $7,389 5.75%
    Lawrenceburg, TN (FHA|USDA|VA) 1 $115,000 $115,000 $7,785 5.38%
    ROME, GA (FHA|USDA|VA) 1 $115,000 $115,000 $5,418 6.13%
    Norfolk, NE (FHA|USDA|VA) 1 $115,000 $115,000 $5,733 5.75%
    Roanoke Rapids, NC (FHA|USDA|VA) 1 $115,000 $115,000 $4,295 6.13%
    BURLINGTON, NC (FHA|USDA|VA) 1 $115,000 $115,000 $6,473 6.50%
    Summerville, GA (FHA|USDA|VA) 1 $115,000 $115,000 $7,486 5.38%
    GOLDSBORO, NC (FHA|USDA|VA) 1 $115,000 $115,000 $6,573 6.13%
    Whitewater, WI (FHA|USDA|VA) 1 $115,000 $115,000 $5,550 6.63%
    SHEBOYGAN, WI (FHA|USDA|VA) 1 $105,000 $105,000 $0 7.63%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $105,000 $105,000 $3,617 6.50%
    PEORIA, IL (FHA|USDA|VA) 1 $105,000 $105,000 $6,540 6.50%
    Martin, TN (FHA|USDA|VA) 1 $105,000 $105,000 $7,297 6.63%
    Danville, VA (FHA|USDA|VA) 1 $105,000 $105,000 $8,004 5.75%
    JOHNSON CITY, TN (FHA|USDA|VA) 1 $105,000 $105,000 $4,298 7.50%
    WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 1 $105,000 $105,000 $1,836 7.00%
    Manitowoc, WI (FHA|USDA|VA) 1 $95,000 $95,000 $6,507 6.63%
    ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $85,000 $85,000 $5,671 5.88%
    Albert Lea, MN (FHA|USDA|VA) 1 $85,000 $85,000 $4,683 5.75%
    DOTHAN, AL (FHA|USDA|VA) 1 $85,000 $85,000 $6,465 6.13%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $85,000 $85,000 $6,755 5.75%
    Charleston-Mattoon, IL (FHA|USDA|VA) 1 $85,000 $85,000 $2,858 6.50%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $85,000 $85,000 $4,945 6.13%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $75,000 $75,000 $5,777 6.63%
    Morehead City, NC (FHA|USDA|VA) 1 $75,000 $75,000 $3,945 6.75%
    VALDOSTA, GA (FHA|USDA|VA) 1 $75,000 $75,000 $5,144 5.88%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $75,000 $75,000 $6,124 5.88%
    JONESBORO, AR (FHA|USDA|VA) 1 $75,000 $75,000 $4,642 5.50%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $75,000 $75,000 $4,598 6.13%
    WICHITA, KS (FHA|USDA|VA) 1 $75,000 $75,000 $6,116 5.50%
    Central City, KY (FHA|USDA|VA) 1 $75,000 $75,000 $2,214 6.75%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $65,000 $65,000 $5,392 6.50%
    SAVANNAH, GA (FHA|USDA|VA) 1 $65,000 $65,000 $4,505 5.50%
    YORK-HANOVER, PA (FHA|USDA|VA) 1 $65,000 $65,000 $6,172 6.13%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $65,000 $65,000 $4,866 6.63%
    El Dorado, AR (FHA|USDA|VA) 1 $65,000 $65,000 $4,943 5.63%
    Wapakoneta, OH (FHA|USDA|VA) 1 $65,000 $65,000 $4,564 5.88%
    Sanford, NC (FHA|USDA|VA) 1 $65,000 $65,000 $3,110 4.75%
    Fairmont, MN (FHA|USDA|VA) 1 $65,000 $65,000 $4,029 5.75%
    CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $65,000 $65,000 $2,180 5.63%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $65,000 $65,000 $5,183 6.25%
    WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $65,000 $65,000 $3,512 5.88%
    Willmar, MN (FHA|USDA|VA) 1 $55,000 $55,000 $4,667 6.00%
    Fitzgerald, GA (FHA|USDA|VA) 1 $55,000 $55,000 $5,494 6.75%
    Elk City, OK (FHA|USDA|VA) 1 $55,000 $55,000 $6,106 5.88%
    MONTGOMERY, AL (FHA|USDA|VA) 1 $55,000 $55,000 $4,035 6.00%
    ALBANY, GA (FHA|USDA|VA) 1 $55,000 $55,000 $4,519 6.63%
    Columbus, MS (FHA|USDA|VA) 1 $55,000 $55,000 $4,605 6.50%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $45,000 $45,000 $3,539 6.63%
    ROCKY MOUNT, NC (FHA|USDA|VA) 1 $45,000 $45,000 $3,126 6.38%
    Ruoff Mortgage Company's top markets include Indianapolis, Fort Wayne, Columbus, Cincinnati, and Cleveland among others.

    Their top states include:
  • Indiana (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 7,248 $1,594,590,000 $220,004 $3,472 6.84%
    FHA 2,565 $514,565,000 $200,610 $6,511 6.72%
    VA 579 $161,815,000 $279,473 $5,075 6.58%
    USDA 255 $42,655,000 $167,275 $2,986 6.73%

    For 2024, Ruoff Mortgage Company's most frequently originated type of loan was Conventional, with 7,248 originations. Their 2nd most popular type was FHA, with 2,565 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 9,374 $2,077,430,000 $221,616 $4,119 6.84%
    Cash Out Refi 844 $134,600,000 $159,479 $6,153 6.55%
    Refi 428 $101,590,000 $237,360 $4,801 6.34%
    Other 1 $5,000 $5,000 $0 8.75%

    For 2024, Ruoff Mortgage Company's most frequently cited loan purpose was Home Purchase, with 9,374 originations. The 2nd most popular reason was Cash Out Refi, with 844 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 10,083 $2,241,545,000 $222,309 $4,383 6.76%
    10 Year 249 $2,785,000 $11,185 $198 8.82%
    15 Year 139 $27,345,000 $196,727 $4,164 6.14%
    20 Year 132 $28,160,000 $213,333 $3,873 6.26%
    30+ year 24 $10,270,000 $427,917 $9,718 7.16%
    Other 20 $3,520,000 $176,000 $5,004 6.45%

    For 2024, Ruoff Mortgage Company's most frequently cited loan duration was 30 Year, with 10,083 originations. The 2nd most popular length was 10 Year, with 249 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 3,962 $784,950,000 $198,120
    $1k-2k 3,120 $714,170,000 $228,901
    $2k-3k 1,337 $281,155,000 $210,288
    $3k-4k 897 $197,955,000 $220,686
    $5k+ 541 $171,575,000 $317,144
    $4k-5k 503 $124,695,000 $247,903

    Ruoff Mortgage Company's average total fees were $4,383, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 3,962 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 6,795 $1,496,095,000 $220,176
    7-8% 2,755 $636,595,000 $231,069
    5-6% 837 $173,615,000 $207,425
    Over 8% 249 $5,295,000 $21,265
    4-5% 11 $2,025,000 $184,091

    During 2024, Ruoff Mortgage Company's average interest rate for loans was 6.76%, while their most frequently originated rate bucket for loans was 6-7%, with 6,795 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 4,423 $1,201,385,000 $271,622 $5,059 6.78%
    $100k-200k 4,299 $660,095,000 $153,546 $3,674 6.72%
    $100,000 or less 1,198 $74,990,000 $62,596 $2,638 7.17%
    $400k-600k 596 $283,820,000 $476,208 $5,770 6.74%
    $600k-1MM 126 $86,570,000 $687,063 $5,535 6.68%
    $1MM+ 5 $6,765,000 $1,353,000 $12,800 7.33%

    2024 saw Ruoff Mortgage Company place emphasis on $200k-400k loans with 4,423 originations, totaling $1,201,385,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 2,956 $517,750,000 $175,152 $3,910 6.74%
    $50k or less 2,375 $362,505,000 $152,634 $3,696 6.70%
    $75k-100k 2,053 $444,165,000 $216,349 $4,675 6.81%
    $100k-150k 1,928 $500,550,000 $259,621 $4,888 6.92%
    $150k-250k 988 $347,090,000 $351,306 $4,869 6.86%
    $250k+ 331 $137,125,000 $414,275 $5,117 6.91%

    Ruoff Mortgage Company lent most frequently to those with incomes in the $50k-75k range, with 2,956 originations. The second most popular income band? $50k or less, with 2,375 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 1,987 $426,075,000 $214,431 $3,860 6.82%
    20-30% 1,699 $351,185,000 $206,701 $3,765 6.76%
    50-60% 566 $128,760,000 $227,491 $6,580 6.70%
    44% 526 $117,360,000 $223,118 $4,754 6.81%
    49% 502 $122,570,000 $244,163 $5,084 6.79%
    42% 473 $98,725,000 $208,721 $4,248 6.80%
    43% 459 $105,145,000 $229,074 $4,327 6.84%
    40% 451 $97,105,000 $215,310 $4,247 6.79%
    39% 429 $90,965,000 $212,040 $4,212 6.80%
    38% 417 $89,205,000 $213,921 $4,125 6.84%
    37% 417 $86,825,000 $208,213 $4,006 6.79%
    41% 406 $88,350,000 $217,611 $4,603 6.78%
    45% 403 $92,385,000 $229,243 $4,507 6.78%
    <20% 398 $74,650,000 $187,563 $3,335 6.76%
    48% 390 $93,630,000 $240,077 $4,871 6.80%
    46% 373 $78,145,000 $209,504 $4,405 6.84%
    36% 360 $81,460,000 $226,278 $4,304 6.83%
    47% 358 $83,270,000 $232,598 $4,371 6.86%
    >60% 9 $1,815,000 $201,667 $4,511 6.14%

    Ruoff Mortgage Company lent most frequently to those with DTI ratios of 30-36%, with 1,987 originations. The next most common DTI ratio? 20-30%, with 1,699 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 8,997 $1,937,815,000 $215,385 $4,189 6.80%
    Not provided 817 $185,765,000 $227,375 $4,779 6.77%
    Black 552 $115,730,000 $209,656 $5,174 6.76%
    Asian 221 $58,285,000 $263,733 $4,806 6.74%
    American Indian 39 $11,085,000 $284,231 $5,551 6.66%
    Native Hawaiian or Islander 18 $4,080,000 $226,667 $6,361 6.65%
    Other Pacific Islander 2 $630,000 $315,000 $4,601 6.19%
    Korean 1 $235,000 $235,000 $3,660 7.50%

    Approval Rates

    Total approvals of all applications
    93.25%

    Ruoff Mortgage Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    64.36%

    Ruoff Mortgage Company has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 10,647 $2,313,625,000 $217,303

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    10,647 $2,313,625,000 $217,303

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 308 $33,850,000 $109,903 $3,923 6.41%
    40-60% 624 $101,990,000 $163,446 $4,063 6.54%
    60-80% 2,237 $507,545,000 $226,886 $4,382 6.76%
    80-100% 7,096 $1,638,960,000 $230,970 $4,375 6.78%
    Over 100% 91 $26,135,000 $287,198 $9,312 6.53%
    Under 20% 291 $5,145,000 $17,680 $797 8.49%