Bluffton Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Bluffton averaged
6.48%
for the week of 2025-04-03, compared to the national average of
6.64% for the same period.
The average rate for the prior week (2025-03-27) was
6.59% and
one month ago for the week of 2025-02-27, the
average rate was 6.7%.
Bluffton's average rate one year ago was 6.73%.
For refis of the same type during the week of 2025-04-03, the average rate
was 6.84%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-04-03 | 6.64% |
| Bluffton 30 Year Fixed Rate | 2025-04-03 | 6.48% |
| Bluffton 30 Year Fixed Rate Refi | 2025-04-03 | 6.84% |
| Bluffton 15 Year Fixed Rate | 2025-04-03 | 5.92% |
| Bluffton 15 Year Fixed Rate Refi | 2025-04-03 | 6.12% |
| Bluffton 30 Year FHA | 2025-04-03 | 6.26% |
| Bluffton 30 Year FHA Refi | 2025-04-03 | 6.36% |
| Bluffton 30 Year USDA | 2025-04-03 | 6.32% |
| Bluffton 30 Year USDA Refi | 2025-04-03 | 6.42% |
| Bluffton 30 Year VA | 2025-04-03 | 6.16% |
| Bluffton 30 Year VA Refi | 2025-04-03 | 5.86% |
Bluffton 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 Bluffton, 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.).
Bluffton Average Closing Costs & Other Stats
Bluffton, IN's 52 lenders originated 797
loans during 2024. The total origination value was $121,155,000, with an average loan value of
$152,014.
Bluffton's average closing costs are $3,251.
The top Bluffton lender as defined by loan originations is STOCKTON MORTGAGE CORPORATION, with
54 loans originated. Their average total fees are
$3,500, which is $550
higher than the next largest lender,
RUOFF MORTGAGE COMPANY, INC..
The lowest fee Bluffton lenders (with over 10 loans originated) are
ProFed Federal Credit Union ($2,505), Three Rivers Federal Credit Union ($2,651), TEACHERS CREDIT UNION ($2,867), RUOFF MORTGAGE COMPANY, INC. ($2,950) and STOCKTON MORTGAGE CORPORATION ($3,500).
The lowest rate Bluffton lenders (with over 10 loans originated) are
ProFed Federal Credit Union (6.57%), TEACHERS CREDIT UNION (6.61%), Three Rivers Federal Credit Union (6.68%), RUOFF MORTGAGE COMPANY, INC. (6.71%) and STOCKTON MORTGAGE CORPORATION (6.87%).
Bluffton, 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. | $10,965,000 | $14,230,000 | 29.8% | 11.7% |
| STOCKTON MORTGAGE CORPORATION | $575,000 | $13,310,000 | 2,214.8% | 11.0% |
| Three Rivers Federal Credit Union | $10,605,000 | $12,590,000 | 18.7% | 10.4% |
| First Bank of Berne | $2,940,000 | $6,930,000 | 135.7% | 5.7% |
| ProFed Federal Credit Union | $5,825,000 | $5,565,000 | -4.5% | 4.6% |
| First Merchants Bank | $6,930,000 | $5,235,000 | -24.5% | 4.3% |
| DHI MORTGAGE COMPANY, LTD. | $3,015,000 | $5,130,000 | 70.1% | 4.2% |
| The Farmers & Merchants State Bank | $3,350,000 | $4,485,000 | 33.9% | 3.7% |
| QUICKEN LOANS, LLC | $4,075,000 | $4,355,000 | 6.9% | 3.6% |
| PNC Bank | $2,390,000 | $4,310,000 | 80.3% | 3.6% |
| TEACHERS CREDIT UNION | $890,000 | $2,475,000 | 178.1% | 2.0% |
| Farm Credit Mid-America, ACA | $460,000 | $2,380,000 | 417.4% | 2.0% |
| 1st Source Bank | $1,110,000 | $2,340,000 | 110.8% | 1.9% |
| Mortgage Research Center, LLC | $1,275,000 | $1,660,000 | 30.2% | 1.4% |
| First Farmers Bank and Trust Company | $920,000 | $1,470,000 | 59.8% | 1.2% |
| MIDWEST AMERICA | $1,175,000 | $1,430,000 | 21.7% | 1.2% |
| First Federal Savings Bank | $485,000 | $1,370,000 | 182.5% | 1.1% |
| Old National Bank | $1,200,000 | n/a | 1.0% | |
| FREEDOM MORTGAGE CORPORATION | $780,000 | $1,090,000 | 39.7% | 0.9% |
| GENEVA FINANCIAL, LLC | $1,060,000 | n/a | 0.9% | |
| Nations Lending Corporation | $835,000 | $1,055,000 | 26.3% | 0.9% |
| Flagstar Bank, FSB | $1,085,000 | $1,015,000 | -6.5% | 0.8% |
| Carrington Mortgage Services, LLC | $65,000 | $980,000 | 1,407.7% | 0.8% |
| STAR Financial Bank | $375,000 | $915,000 | 144.0% | 0.8% |
| POLARIS HOME FUNDING CORP. | $865,000 | n/a | 0.7% | |
| Mr. Cooper ( Nationstar Mortgage ) | $860,000 | n/a | 0.7% | |
| PENNYMAC LOAN SERVICES, LLC | $220,000 | $845,000 | 284.1% | 0.7% |
| FORT FINANCIAL Federal Credit Union | $195,000 | $840,000 | 330.8% | 0.7% |
| GVC MORTGAGE, INC. | $665,000 | $800,000 | 20.3% | 0.7% |
| LOANDEPOT.COM, LLC | $1,010,000 | $785,000 | -22.3% | 0.6% |
| Fifth Third Bank | $1,395,000 | $705,000 | -49.5% | 0.6% |
| Fire Police City County Federal Credit Union | $135,000 | $705,000 | 422.2% | 0.6% |
| HALLMARK HOME MORTGAGE, LLC | $510,000 | $675,000 | 32.4% | 0.6% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $905,000 | $650,000 | -28.2% | 0.5% |
| UNION HOME MORTGAGE CORP. | $690,000 | $650,000 | -5.8% | 0.5% |
| UNITED WHOLESALE MORTGAGE, LLC | $125,000 | $650,000 | 420.0% | 0.5% |
| Wells Fargo Bank | $390,000 | $640,000 | 64.1% | 0.5% |
| NEWREZ LLC | $1,190,000 | $630,000 | -47.1% | 0.5% |
| Union Savings Bank | $645,000 | $620,000 | -3.9% | 0.5% |
| NEW DAY FINANCIAL, LLC | $595,000 | n/a | 0.5% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $255,000 | $570,000 | 123.5% | 0.5% |
| 21ST MORTGAGE CORPORATION | $265,000 | $555,000 | 109.4% | 0.5% |
| MOVEMENT MORTGAGE, LLC | $505,000 | n/a | 0.4% | |
| HOMESIDE FINANCIAL, LLC | $470,000 | n/a | 0.4% | |
| First Financial Bank | $25,000 | $450,000 | 1,700.0% | 0.4% |
| First Federal Bank | $405,000 | n/a | 0.3% | |
| CROSSCOUNTRY MORTGAGE, LLC | $350,000 | $390,000 | 11.4% | 0.3% |
| USAA Federal Savings Bank | $495,000 | $390,000 | -21.2% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $940,000 | $360,000 | -61.7% | 0.3% |
| Lake City Bank | $380,000 | $355,000 | -6.6% | 0.3% |
| Horizon Bank | $665,000 | $335,000 | -49.6% | 0.3% |
| CHURCHILL MORTGAGE CORPORATION | $145,000 | $330,000 | 127.6% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $175,000 | $310,000 | 77.1% | 0.3% |
| TRIAD FINANCIAL SERVICES, INC. | $1,400,000 | $310,000 | -77.9% | 0.3% |
| Centier Bank | $305,000 | n/a | 0.3% | |
| ENVOY MORTGAGE, LTD | $305,000 | n/a | 0.3% | |
| Arvest Bank | $285,000 | n/a | 0.2% | |
| PARTNERS 1ST Federal Credit Union | $565,000 | $285,000 | -49.6% | 0.2% |
| NAVY FEDERAL CREDIT UNION | $310,000 | $265,000 | -14.5% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $245,000 | n/a | 0.2% | |
| JPMorgan Chase Bank | $1,165,000 | $245,000 | -79.0% | 0.2% |
| VAN DYK MORTGAGE CORPORATION | $365,000 | $245,000 | -32.9% | 0.2% |
| The Central Trust Bank | $235,000 | n/a | 0.2% | |
| The Garrett State Bank | $120,000 | $225,000 | 87.5% | 0.2% |
| Prosperity Home Mortgage, LLC | $135,000 | $205,000 | 51.9% | 0.2% |
| The Federal Savings Bank | $1,255,000 | $205,000 | -83.7% | 0.2% |
| GUARANTEED RATE, INC. | $200,000 | n/a | 0.2% | |
| Mid-Continent Funding, Inc. | $185,000 | n/a | 0.2% | |
| Discover Bank | $320,000 | $180,000 | -43.8% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $175,000 | n/a | 0.1% | |
| OCEANSIDE MORTGAGE COMPANY | $175,000 | n/a | 0.1% | |
| CALCON MUTUAL MORTGAGE LLC | $165,000 | n/a | 0.1% | |
| MICHIGAN MUTUAL, INC. | $215,000 | $165,000 | -23.3% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $165,000 | n/a | 0.1% | |
| BROKER SOLUTIONS, INC. | $445,000 | $155,000 | -65.2% | 0.1% |
| EQUITY RESOURCES, INC. | $155,000 | n/a | 0.1% | |
| LAKEVIEW LOAN SERVICING, LLC | $205,000 | $145,000 | -29.3% | 0.1% |
| LOANPAL, LLC | $165,000 | $145,000 | -12.1% | 0.1% |
| The Huntington National Bank | $215,000 | $145,000 | -32.6% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $135,000 | n/a | 0.1% | |
| PHH Mortgage Corporation | $125,000 | n/a | 0.1% | |
| U.S. Bank | $225,000 | $125,000 | -44.4% | 0.1% |
| V.I.P. MORTGAGE, INC. | $420,000 | $125,000 | -70.2% | 0.1% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $95,000 | $110,000 | 15.8% | 0.1% |
| BEACON CREDIT UNION | $220,000 | $105,000 | -52.3% | 0.1% |
| The State Bank and Trust Company | $85,000 | n/a | 0.1% | |
| KEMBA CREDIT UNION, INC. | $15,000 | $80,000 | 433.3% | 0.1% |
| Ally Bank | $75,000 | n/a | 0.1% | |
| NBKC BANK | $135,000 | $75,000 | -44.4% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $315,000 | $55,000 | -82.5% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $55,000 | n/a | 0.0% | |
| STAR USA FEDERAL CREDIT UNION | $45,000 | n/a | 0.0% | |
| Figure Lending LLC | $35,000 | n/a | 0.0% | |
| INDIANA MEMBERS CREDIT UNION | $35,000 | n/a | 0.0% | |
| INDIANA UNIVERSITY CREDIT UNION | $305,000 | $35,000 | -88.5% | 0.0% |
Bluffton's top lender by overall market share is RUOFF MORTGAGE COMPANY, INC., with 11.7% market share. In second place, with 11.0%, is STOCKTON MORTGAGE CORPORATION, having originated $13,310,000 in loans. In third place, with 10.4%, is Three Rivers Federal Credit Union, having originated $12,590,000 in loans. In fourth place, with 5.7%, is First Bank of Berne, having originated $6,930,000 in loans. In fifth place, with 4.6%, is ProFed Federal Credit Union, having originated $5,565,000 in loans.
Bluffton, IN Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 380 | $74,860,000 | $197,000 |
| Other | 132 | $9,320,000 | $70,606 |
| Cash Out Refi | 104 | $15,610,000 | $150,096 |
| Refi | 91 | $14,275,000 | $156,868 |
| Home Improvement | 90 | $7,090,000 | $78,778 |
Bluffton's most frequently cited loan purpose was Home Purchase, with 380 originations. The 2nd most popular reason was Other, with 132 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 283 | $53,945,000 | $190,618 |
| Over 8% | 209 | $16,635,000 | $79,593 |
| 7-8% | 174 | $25,210,000 | $144,885 |
| 5-6% | 58 | $14,830,000 | $255,690 |
| 4-5% | 11 | $2,355,000 | $214,091 |
| 3-4% | 5 | $975,000 | $195,000 |
| <2.5% | 3 | $35,000 | $11,667 |
During 2024, Bluffton's most frequently originated rate bucket was 6-7%, with 283 originations.
Loan Sizing (Bluffton, IN MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 315 | $16,035,000 | $50,905 |
| $100k-200k | 276 | $40,710,000 | $147,500 |
| $200k-400k | 170 | $45,190,000 | $265,824 |
| $400k-600k | 30 | $14,130,000 | $471,000 |
| $600k-1000k | 4 | $2,750,000 | $687,500 |
| $Over $1MM | 2 | $2,340,000 | $1,170,000 |
Bluffton's loan sizing saw the bucket of loans from $100,000 or less with 315 originations, totaling $16,035,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 282 | $63,000,000 | $223,404 |
| 20-40% | 130 | $10,110,000 | $77,769 |
| 60-80% | 114 | $24,000,000 | $210,526 |
| Under 20% | 114 | $4,200,000 | $36,842 |
| 40-60% | 73 | $10,105,000 | $138,425 |
| Over 100% | 3 | $795,000 | $265,000 |
Bluffton's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 282 originations, totaling $63,000,000 in origination value.