Auburn Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Auburn averaged 6.91% for the week of 2025-06-18, compared to the national average of 6.81% for the same period.

    The average rate for the prior week (2025-06-12) was 7.04% and one month ago for the week of 2025-05-15, the average rate was 6.91%.

    Auburn's average rate one year ago was 6.95%.

    For refis of the same type during the week of 2025-06-18, the average rate was 6.71%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-06-18 6.81%
    Auburn 30 Year Fixed Rate 2025-06-18 6.91%
    Auburn 30 Year Fixed Rate Refi 2025-06-18 6.71%
    Auburn 15 Year Fixed Rate 2025-06-18 6.06%
    Auburn 15 Year Fixed Rate Refi 2025-06-18 6.26%
    Auburn 30 Year FHA 2025-06-18 0.19%
    Auburn 30 Year FHA Refi 2025-06-18 -0.2%
    Auburn 30 Year USDA 2025-06-18 -0.1%
    Auburn 30 Year USDA Refi 2025-06-18 -0.2%
    Auburn 30 Year VA 2025-06-18 0.1%
    Auburn 30 Year VA Refi 2025-06-18 0.2%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Auburn, IN.

    Auburn Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Auburn, IN market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    RUOFF MORTGAGE COMPANY, INC. 77 6.85% $3,532
    Three Rivers Federal Credit Union 51 6.77% $2,613
    GVC MORTGAGE, INC. 27 6.89% $4,906
    QUICKEN LOANS, LLC 23 6.94% $6,340
    ProFed Federal Credit Union 19 6.38% $2,364
    HALLMARK HOME MORTGAGE, LLC 17 7.19% $3,674
    Fifth Third Bank 12 6.60% $2,648
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 12 6.70% $4,195
    First Merchants Bank 9 6.96% $2,802
    The Farmers & Merchants State Bank 8 6.64% $2,407
    PNC Bank 7 6.64% $2,681
    TEACHERS CREDIT UNION 7 6.96% $2,472
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 7 6.82% $3,993
    NEWREZ LLC 7 7.39% $6,248
    STOCKTON MORTGAGE CORPORATION 5 6.40% $3,419
    FORT FINANCIAL Federal Credit Union 5 6.43% $3,353
    Horizon Bank 5 6.78% $2,843
    JPMorgan Chase Bank 5 6.08% $4,709
    Union Savings Bank 4 7.00% $2,722
    BEACON CREDIT UNION 4 7.06% $2,311
    VAN DYK MORTGAGE CORPORATION 4 7.03% $4,049
    V.I.P. MORTGAGE, INC. 4 7.12% $3,707
    DHI MORTGAGE COMPANY, LTD. 4 5.93% $1,481
    The State Bank and Trust Company 4 6.41% $3,970
    UNITED WHOLESALE MORTGAGE, LLC 3 6.37% $14,920
    LOANDEPOT.COM, LLC 3 7.04% $3,048
    UNION HOME MORTGAGE CORP. 3 7.00% $3,504
    Nations Lending Corporation 3 6.54% $6,894
    Farmers State Bank 2 7.41% $2,874
    First Federal Bank of the Midwest 2 6.19% $2,661
    First Federal Savings Bank 2 7.00% $2,704
    Farm Credit Mid-America, ACA 2 7.06% $5,494
    MICHIGAN MUTUAL, INC. 2 7.25% $2,879
    INTERRA CREDIT UNION 2 6.69% $2,727
    Lake City Bank 2 6.81% $4,667
    Wells Fargo Bank 2 5.88% $4,907
    ZILLOW HOME LOANS, LLC 1 7.13% $5,150
    Ally Bank 1 7.00% $4,123
    AMERICAN FINANCING CORPORATION 1 6.50% $5,512
    AMERISAVE MORTGAGE CORPORATION 1 6.63% $5,361
    BROKER SOLUTIONS, INC. 1 7.13% $3,300
    CARDINAL FINANCIAL 1 6.75% $15,663
    Carrington Mortgage Services, LLC 1 6.13% $5,958
    CHURCHILL MORTGAGE CORPORATION 1 7.63% $3,511
    DAS Acquisition Company, LLC 1 7.25% $3,312
    Discover Bank 1 7.08% $0
    ENDEAVOR CAPITAL, LLC. 1 5.99% $4,815
    First Farmers Bank and Trust Company 1 6.63% $2,118
    Flagstar Bank, FSB 1 6.88% $2,982
    FREEDOM MORTGAGE CORPORATION 1 7.50% $6,607
    GENEVA FINANCIAL, LLC 1 6.88% $5,344
    GUILD MORTGAGE COMPANY 1 7.25% $2,851
    HOMESIDE FINANCIAL, LLC 1 6.50% $2,870
    Merchants Bank of Indiana 1 6.63% $2,322
    MOVEMENT MORTGAGE, LLC 1 6.63% $12,689
    Mr. Cooper ( Nationstar Mortgage ) 1 6.49% $4,290
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.38% $7,886
    NBKC BANK 1 6.88% $2,089
    NETWORK CAPITAL FUNDING CORPORATION 1 7.13% $6,012
    PARTNERS 1ST Federal Credit Union 1 7.13% $2,726
    PHH Mortgage Corporation 1 5.88% $2,486
    POINT Mortgage 1 6.38% $3,289
    POLARIS HOME FUNDING CORP. 1 9.13% $7,564
    ROYAL UNITED MORTGAGE LLC 1 7.63% $15,001
    SIRVA MORTGAGE, INC. 1 7.63% $1,191
    STAR Financial Bank 1 6.38% $2,803
    The Citizens National Bank of Bluffton 1 7.00% $2,540
    The Federal Savings Bank 1 7.50% $3,487
    USAA Federal Savings Bank 1 6.63% $3,035
    U.S. Bank 1 5.99% $2,283
    1st Source Bank 1 6.50% $4,104

    Auburn Average Closing Costs & Other Stats

    Auburn, IN's 71 lenders originated 1,178 loans during 2024. The total origination value was $196,460,000, with an average loan value of $166,774.

    Auburn's average closing costs are $3,737.

    The top Auburn lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with 77 loans originated. Their average total fees are $3,532, which is $919 higher than the next largest lender, Three Rivers Federal Credit Union.

    The lowest fee Auburn lenders (with over 10 loans originated) are ProFed Federal Credit Union ($2,364), Three Rivers Federal Credit Union ($2,613), Fifth Third Bank ($2,648), RUOFF MORTGAGE COMPANY, INC. ($3,532) and HALLMARK HOME MORTGAGE, LLC ($3,674).

    The lowest rate Auburn lenders (with over 10 loans originated) are ProFed Federal Credit Union (6.38%), Fifth Third Bank (6.60%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.70%), Three Rivers Federal Credit Union (6.77%) and RUOFF MORTGAGE COMPANY, INC. (6.85%).

    Auburn, IN Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    RUOFF MORTGAGE COMPANY, INC. $20,360,000 $22,890,000 12.4% 11.7%
    Three Rivers Federal Credit Union $14,960,000 $22,310,000 49.1% 11.4%
    GVC MORTGAGE, INC. $10,455,000 $10,565,000 1.1% 5.4%
    The Garrett State Bank $8,790,000 $7,210,000 -18.0% 3.7%
    QUICKEN LOANS, LLC $4,310,000 $6,980,000 61.9% 3.6%
    ProFed Federal Credit Union $3,575,000 $6,640,000 85.7% 3.4%
    Horizon Bank $5,495,000 $6,025,000 9.6% 3.1%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,275,000 $5,790,000 76.8% 2.9%
    HALLMARK HOME MORTGAGE, LLC $5,715,000 $5,015,000 -12.2% 2.6%
    Lake City Bank $2,165,000 $4,620,000 113.4% 2.4%
    UNITED WHOLESALE MORTGAGE, LLC $1,855,000 $4,410,000 137.7% 2.2%
    PNC Bank $2,625,000 $4,010,000 52.8% 2.0%
    Fifth Third Bank $2,690,000 $3,690,000 37.2% 1.9%
    FORT FINANCIAL Federal Credit Union $1,990,000 $3,625,000 82.2% 1.8%
    The Farmers & Merchants State Bank $2,760,000 $3,450,000 25.0% 1.8%
    First Merchants Bank $1,420,000 $3,445,000 142.6% 1.8%
    Mortgage Research Center, LLC $1,920,000 $2,955,000 53.9% 1.5%
    STOCKTON MORTGAGE CORPORATION $995,000 $2,835,000 184.9% 1.4%
    DHI MORTGAGE COMPANY, LTD. $2,740,000 n/a 1.4%
    NEWREZ LLC $805,000 $2,725,000 238.5% 1.4%
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION $1,485,000 $2,375,000 59.9% 1.2%
    The Campbell & Fetter Bank $2,300,000 $2,210,000 -3.9% 1.1%
    VAN DYK MORTGAGE CORPORATION $2,885,000 $2,190,000 -24.1% 1.1%
    LOANDEPOT.COM, LLC $1,430,000 $2,065,000 44.4% 1.1%
    MIDWEST AMERICA $690,000 $2,045,000 196.4% 1.0%
    FREEDOM MORTGAGE CORPORATION $965,000 $2,035,000 110.9% 1.0%
    TEACHERS CREDIT UNION $2,275,000 $2,035,000 -10.5% 1.0%
    V.I.P. MORTGAGE, INC. $635,000 $1,730,000 172.4% 0.9%
    POLARIS HOME FUNDING CORP. $1,015,000 $1,710,000 68.5% 0.9%
    Union Savings Bank $1,110,000 $1,650,000 48.6% 0.8%
    BEACON CREDIT UNION $3,895,000 $1,620,000 -58.4% 0.8%
    First Federal Savings Bank $245,000 $1,535,000 526.5% 0.8%
    Carrington Mortgage Services, LLC $190,000 $1,510,000 694.7% 0.8%
    JPMorgan Chase Bank $1,275,000 $1,420,000 11.4% 0.7%
    Farmers State Bank $1,100,000 $1,355,000 23.2% 0.7%
    The State Bank and Trust Company $1,455,000 $1,345,000 -7.6% 0.7%
    1st Source Bank $2,525,000 $1,265,000 -49.9% 0.6%
    PLAZA HOME MORTGAGE, INC. $855,000 $1,205,000 40.9% 0.6%
    MICHIGAN MUTUAL, INC. $855,000 $1,190,000 39.2% 0.6%
    MOVEMENT MORTGAGE, LLC $455,000 $1,150,000 152.7% 0.6%
    GUILD MORTGAGE COMPANY $1,090,000 n/a 0.6%
    Farm Credit Mid-America, ACA $1,925,000 $1,055,000 -45.2% 0.5%
    Flagstar Bank, FSB $2,200,000 $1,010,000 -54.1% 0.5%
    INTERRA CREDIT UNION $295,000 $1,005,000 240.7% 0.5%
    Nations Lending Corporation $625,000 $985,000 57.6% 0.5%
    AMERISAVE MORTGAGE CORPORATION $435,000 $975,000 124.1% 0.5%
    Paramount Residential Mortgage Group, Inc. $435,000 $930,000 113.8% 0.5%
    CARDINAL FINANCIAL $875,000 n/a 0.4%
    Crossroads Bank $820,000 n/a 0.4%
    Old National Bank $485,000 $805,000 66.0% 0.4%
    STAR Financial Bank $2,660,000 $790,000 -70.3% 0.4%
    Barrington Bank & Trust Company, N.A. $665,000 $705,000 6.0% 0.4%
    UNION HOME MORTGAGE CORP. $340,000 $700,000 105.9% 0.4%
    NEW DAY FINANCIAL, LLC $1,210,000 $660,000 -45.5% 0.3%
    PENNYMAC LOAN SERVICES, LLC $1,645,000 $610,000 -62.9% 0.3%
    Wells Fargo Bank $300,000 $595,000 98.3% 0.3%
    USAA Federal Savings Bank $195,000 $585,000 200.0% 0.3%
    Farmers and Merchants Bank $1,855,000 $575,000 -69.0% 0.3%
    GENEVA FINANCIAL, LLC $960,000 $555,000 -42.2% 0.3%
    U.S. Bank $55,000 $540,000 881.8% 0.3%
    First Federal Savings Bank $245,000 $535,000 118.4% 0.3%
    Mr. Cooper ( Nationstar Mortgage ) $1,010,000 $510,000 -49.5% 0.3%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $500,000 n/a 0.3%
    SIRVA MORTGAGE, INC. $485,000 n/a 0.2%
    DOMINION FINANCIAL SERVICES, LLC $475,000 n/a 0.2%
    LOANPAL, LLC $115,000 $475,000 313.0% 0.2%
    AmeriHome Mortgage Company, LLC $420,000 n/a 0.2%
    CROSSCOUNTRY MORTGAGE, LLC $505,000 $385,000 -23.8% 0.2%
    PARTNERS 1ST Federal Credit Union $945,000 $385,000 -59.3% 0.2%
    TRIAD FINANCIAL SERVICES, INC. $380,000 n/a 0.2%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $365,000 n/a 0.2%
    The Citizens National Bank of Bluffton $355,000 n/a 0.2%
    NBKC BANK $325,000 n/a 0.2%
    ROYAL UNITED MORTGAGE LLC $425,000 $325,000 -23.5% 0.2%
    The Federal Savings Bank $325,000 n/a 0.2%
    AMERICAN FINANCING CORPORATION $300,000 n/a 0.2%
    First Federal Bank of the Midwest $300,000 n/a 0.2%
    HOMESIDE FINANCIAL, LLC $300,000 n/a 0.2%
    CHURCHILL MORTGAGE CORPORATION $295,000 n/a 0.2%
    The Huntington National Bank $605,000 $285,000 -52.9% 0.1%
    Ally Bank $275,000 n/a 0.1%
    Loan Simple, Inc. $255,000 n/a 0.1%
    POINT Mortgage $255,000 n/a 0.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $335,000 $255,000 -23.9% 0.1%
    Discover Bank $380,000 $250,000 -34.2% 0.1%
    BROKER SOLUTIONS, INC. $145,000 $215,000 48.3% 0.1%
    Prosperity Home Mortgage, LLC $215,000 n/a 0.1%
    SPRING EQ, LLC $80,000 $215,000 168.8% 0.1%
    AMERICAN FINANCIAL NETWORK, INC. $205,000 n/a 0.1%
    Mid-Continent Funding, Inc. $205,000 n/a 0.1%
    PHH Mortgage Corporation $185,000 n/a 0.1%
    PLANET HOME LENDING, LLC $45,000 $185,000 311.1% 0.1%
    ZILLOW HOME LOANS, LLC $445,000 $185,000 -58.4% 0.1%
    Merchants Bank of Indiana $175,000 n/a 0.1%
    Figure Lending LLC $230,000 $145,000 -37.0% 0.1%
    DEEPHAVEN MORTGAGE LLC $135,000 n/a 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $135,000 n/a 0.1%
    AmRes Corporation $115,000 n/a 0.1%
    BAYSHORE MORTGAGE FUNDING, LLC $115,000 n/a 0.1%
    Bank of America $150,000 $105,000 -30.0% 0.1%
    Bethpage Federal Credit Union $105,000 n/a 0.1%
    FEDEX EMPLOYEES CREDIT ASSOCIATION $105,000 n/a 0.1%
    First Bank of Berne $105,000 n/a 0.1%
    First Farmers Bank and Trust Company $105,000 n/a 0.1%
    First State Bank of Forrest $315,000 $105,000 -66.7% 0.1%
    M&T Bank $185,000 $105,000 -43.2% 0.1%
    NETWORK CAPITAL FUNDING CORPORATION $105,000 n/a 0.1%
    ENDEAVOR CAPITAL, LLC. $115,000 $85,000 -26.1% 0.0%
    PENTAGON FEDERAL CREDIT UNION $225,000 $85,000 -62.2% 0.0%
    APCI Federal Credit Union $75,000 n/a 0.0%
    FIRST BANCORP $75,000 n/a 0.0%
    DAS Acquisition Company, LLC $65,000 n/a 0.0%
    Transportation Federal Credit Union $55,000 n/a 0.0%
    GREENSTATE CREDIT UNION $125,000 $50,000 -60.0% 0.0%
    Third Federal Savings and Loan Association of Cleveland $55,000 $50,000 -9.1% 0.0%
    Centier Bank $15,000 $45,000 200.0% 0.0%
    NAVY FEDERAL CREDIT UNION $225,000 $25,000 -88.9% 0.0%
    CHARTWAY FEDERAL CREDIT UNION $15,000 n/a 0.0%
    Citizens Bank $75,000 $15,000 -80.0% 0.0%

    Auburn's top lender by overall market share is RUOFF MORTGAGE COMPANY, INC., with 11.7% market share. In second place, with 11.4%, is Three Rivers Federal Credit Union, having originated $22,310,000 in loans. In third place, with 5.4%, is GVC MORTGAGE, INC., having originated $10,565,000 in loans. In fourth place, with 3.7%, is The Garrett State Bank, having originated $7,210,000 in loans. In fifth place, with 3.6%, is QUICKEN LOANS, LLC, having originated $6,980,000 in loans.

    Auburn, IN Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 584 $125,520,000 $214,932
    Cash Out Refi 196 $29,920,000 $152,653
    Other 167 $11,165,000 $66,856
    Refi 117 $22,445,000 $191,838
    Home Improvement 114 $7,410,000 $65,000

    Auburn's most frequently cited loan purpose was Home Purchase, with 584 originations. The 2nd most popular reason was Cash Out Refi, with 196 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 422 $86,940,000 $206,019
    Over 8% 294 $23,560,000 $80,136
    7-8% 275 $49,375,000 $179,545
    5-6% 90 $19,750,000 $219,444
    4-5% 12 $3,130,000 $260,833
    <2.5% 2 $30,000 $15,000
    3-4% 2 $560,000 $280,000
    2.5-3% 2 $240,000 $120,000

    During 2024, Auburn's most frequently originated rate bucket was 6-7%, with 422 originations.

    Loan Sizing (Auburn, IN MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 419 $62,595,000 $149,391
    $100,000 or less 403 $20,565,000 $51,030
    $200k-400k 297 $79,235,000 $266,785
    $400k-600k 44 $20,920,000 $475,455
    $600k-1000k 11 $7,605,000 $691,364
    $Over $1MM 4 $5,540,000 $1,385,000

    Auburn's loan sizing saw the bucket of loans from $100k-200k with 419 originations, totaling $62,595,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 458 $104,460,000 $228,079
    Under 20% 184 $7,070,000 $38,424
    20-40% 177 $15,085,000 $85,226
    60-80% 168 $38,240,000 $227,619
    40-60% 91 $13,535,000 $148,736
    Over 100% 5 $1,085,000 $217,000

    Auburn's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 458 originations, totaling $104,460,000 in origination value.