Bluffton Mortgage Rates

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

30 Year Fixed Rate mortgages in Bluffton averaged 5.79% for the week of 2022-06-30, compared to the national average of 5.7% for the same period.

The average rate for the prior week (2022-06-23) was 6% and one month ago for the week of 2022-05-26, the average rate was 5.19%.

Bluffton's average rate one year ago was 3.18%.

For refis of the same type during the week of 2022-06-30, the average rate was 6.05%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Bluffton 30 Year Fixed Rate 2022-06-30 5.79%
Bluffton 30 Year Fixed Rate Refi 2022-06-30 6.05%
Bluffton 15 Year Fixed Rate 2022-06-30 6.08%
Bluffton 15 Year Fixed Rate Refi 2022-06-30 5.04%
Bluffton 30 Year FHA 2022-06-30 6.25%
Bluffton 30 Year FHA Refi 2022-06-30 5.62%
Bluffton 30 Year USDA 2022-06-30 5.89%
Bluffton 30 Year USDA Refi 2022-06-30 5.91%
Bluffton 30 Year VA 2022-06-30 5.95%
Bluffton 30 Year VA Refi 2022-06-30 5.53%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Bluffton, IN.

Bluffton Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, 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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
AMERICAN MORTGAGE SERVICE COMPANY 80 3.13% $1,982
RUOFF MORTGAGE COMPANY, INC. 78 3.20% $1,869
Three Rivers Federal Credit Union 49 3.40% $2,399
ProFed Federal Credit Union 35 3.06% $2,133
First Bank of Berne 27 3.36% $1,982
QUICKEN LOANS, LLC 23 3.26% $4,329
First Merchants Bank 18 3.09% $2,316
GVC MORTGAGE, INC. 9 3.29% $2,544
Flagstar Bank, FSB 9 3.02% $3,141
TEACHERS CREDIT UNION 8 3.30% $2,214
Fifth Third Bank 8 3.15% $2,732
The Farmers & Merchants State Bank 8 3.29% $2,274
PNC Bank 7 2.98% $2,077
1st Source Bank 7 3.46% $2,018
MIDWEST AMERICA 7 3.34% $2,027
Wells Fargo Bank 6 3.67% $3,620
Union Savings Bank 5 3.13% $1,010
JPMorgan Chase Bank 5 3.23% $1,674
CROSSCOUNTRY MORTGAGE, LLC 5 3.32% $3,731
LOANDEPOT.COM, LLC 5 2.85% $5,074
BROKER SOLUTIONS, INC. 4 3.06% $3,411
AMERISAVE MORTGAGE CORPORATION 4 3.50% $2,760
ROYAL UNITED MORTGAGE LLC 4 3.91% $5,943
Farm Credit Mid-America, ACA 4 3.44% $5,258
First Federal Savings Bank 3 2.88% $3,316
SUCCESS MORTGAGE PARTNERS, INC. 3 4.17% $2,811
HALLMARK HOME MORTGAGE, LLC 3 3.08% $3,089
CALIBER HOME LOANS, INC. 3 3.24% $2,430
AmeriHome Mortgage Company, LLC 3 3.25% $3,374
Mr. Cooper ( Nationstar Mortgage ) 3 3.83% $4,994
First Farmers Bank and Trust Company 2 3.00% $1,682
Old National Bank 2 3.25% $2,087
BETTER MORTGAGE CORPORATION 2 2.88% $3,891
STAR Financial Bank 2 3.00% $2,574
AMERICAN FINANCING CORPORATION 2 3.19% $3,149
UNION HOME MORTGAGE CORP. 2 3.13% $2,349
PENNYMAC LOAN SERVICES, LLC 2 3.44% $5,545
POLARIS HOME FUNDING CORP. 2 3.06% $3,235
THRIVE MORTGAGE, LLC 1 3.25% $3,094
ACADEMY MORTGAGE CORPORATION 1 3.50% $2,388
Ally Bank 1 3.88% $1,407
AMERIFIRST FINANCIAL CORPORATION 1 2.88% $2,536
Bank of America 1 2.63% $2,903
BEACON CREDIT UNION 1 3.13% $2,238
Citibank 1 3.00% $2,583
Citizens Bank 1 3.63% $2,247
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 3.25% $2,245
GUARANTEED RATE, INC. 1 2.99% $2,284
HOME POINT FINANCIAL CORPORATION 1 2.88% $1,572
KELLER MORTGAGE, LLC 1 3.38% $2,365
Lake City Bank 1 2.88% $3,333
LEADERONE FINANCIAL CORPORATION 1 3.25% $2,225
MID AMERICA MORTGAGE, INC. 1 3.25% $3,144
MJW Financial LLC 1 4.00% $2,411
NEWREZ LLC 1 3.88% $2,833
Northwest Bank 1 3.75% $3,207
PARTNERS 1ST Federal Credit Union 1 3.00% $2,421
PLANET HOME LENDING, LLC 1 3.75% $3,671
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.13% $2,357
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.38% $2,752
PURDUE FEDERAL CREDIT UNION 1 3.00% $3,752
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 3.25% $4,305
SIRVA MORTGAGE, INC. 1 3.25% $590
SPRING EQ, LLC 1 3.50% $3,734
The Central Trust Bank 1 3.13% $1,991
The Citizens National Bank of Bluffton 1 3.00% $1,461
TOWNE MORTGAGE COMPANY 1 3.75% $3,099
Triumph Bank 1 2.75% $1,653
U.S. Bank 1 3.38% $2,191
VANDERBILT MORTGAGE AND FINANCE, INC. 1 3.50% $1,965
V.I.P. MORTGAGE, INC. 1 3.13% $3,562

Bluffton, IN's 71 lenders originated 1,298 loans during 2021. The total origination value was $193,000,000, with an average loan value of $148,690.

The top Bluffton lender as defined by loan originations is AMERICAN MORTGAGE SERVICE COMPANY, with 80 loans originated. Their average total fees are $1,982, which is $112 higher than the next largest lender, RUOFF MORTGAGE COMPANY, INC..

The lowest fee Bluffton lenders (with over 10 loans originated) are RUOFF MORTGAGE COMPANY, INC. ($1,869), First Bank of Berne ($1,982), AMERICAN MORTGAGE SERVICE COMPANY ($1,982), ProFed Federal Credit Union ($2,133) and First Merchants Bank ($2,316).

The lowest rate Bluffton lenders (with over 10 loans originated) are ProFed Federal Credit Union (3.06%), First Merchants Bank (3.09%), AMERICAN MORTGAGE SERVICE COMPANY (3.13%), RUOFF MORTGAGE COMPANY, INC. (3.20%) and QUICKEN LOANS, LLC (3.26%).

Bluffton, IN Lender 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
AMERICAN MORTGAGE SERVICE COMPANY $30,265,000 $26,905,000 -11.1% 13.9%
RUOFF MORTGAGE COMPANY, INC. $26,460,000 $24,620,000 -7.0% 12.8%
Three Rivers Federal Credit Union $24,745,000 $24,270,000 -1.9% 12.6%
First Bank of Berne $17,570,000 $14,675,000 -16.5% 7.6%
First Merchants Bank $10,550,000 $12,210,000 15.7% 6.3%
ProFed Federal Credit Union $14,495,000 $10,370,000 -28.5% 5.4%
QUICKEN LOANS, LLC $9,775,000 $8,315,000 -14.9% 4.3%
PNC Bank $5,075,000 $5,160,000 1.7% 2.7%
Flagstar Bank, FSB $2,140,000 $3,970,000 85.5% 2.1%
FREEDOM MORTGAGE CORPORATION $2,995,000 $3,375,000 12.7% 1.7%
Fifth Third Bank $4,080,000 $3,020,000 -26.0% 1.6%
MIDWEST AMERICA $2,325,000 $2,580,000 11.0% 1.3%
1st Source Bank $2,175,000 $2,545,000 17.0% 1.3%
GVC MORTGAGE, INC. $855,000 $2,465,000 188.3% 1.3%
The Farmers & Merchants State Bank $1,975,000 $2,270,000 14.9% 1.2%
Union Savings Bank $3,080,000 $1,965,000 -36.2% 1.0%
JPMorgan Chase Bank $1,355,000 $1,890,000 39.5% 1.0%
LOANDEPOT.COM, LLC $1,130,000 $1,855,000 64.2% 1.0%
Mortgage Research Center, LLC $1,005,000 $1,680,000 67.2% 0.9%
TEACHERS CREDIT UNION $1,755,000 $1,585,000 -9.7% 0.8%
Wells Fargo Bank $645,000 $1,555,000 141.1% 0.8%
CALIBER HOME LOANS, INC. $1,160,000 $1,505,000 29.7% 0.8%
Lake City Bank $1,360,000 n/a 0.7%
CROSSCOUNTRY MORTGAGE, LLC $760,000 $1,265,000 66.4% 0.7%
AMERISAVE MORTGAGE CORPORATION $1,060,000 n/a 0.5%
HALLMARK HOME MORTGAGE, LLC $1,675,000 $1,050,000 -37.3% 0.5%
Farm Credit Mid-America, ACA $2,505,000 $935,000 -62.7% 0.5%
UNION HOME MORTGAGE CORP. $1,105,000 $935,000 -15.4% 0.5%
Carrington Mortgage Services, LLC $680,000 $910,000 33.8% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $335,000 $880,000 162.7% 0.5%
STAR Financial Bank $980,000 $850,000 -13.3% 0.4%
PENNYMAC LOAN SERVICES, LLC $370,000 $845,000 128.4% 0.4%
POLARIS HOME FUNDING CORP. $1,005,000 $840,000 -16.4% 0.4%
First Federal Savings Bank $245,000 $815,000 232.7% 0.4%
NEWREZ LLC $440,000 $780,000 77.3% 0.4%
PARTNERS 1ST Federal Credit Union $610,000 $770,000 26.2% 0.4%
BROKER SOLUTIONS, INC. $265,000 $705,000 166.0% 0.4%
Citizens State Bank of New Castle $275,000 $700,000 154.5% 0.4%
PENTAGON FEDERAL CREDIT UNION $615,000 n/a 0.3%
BETTER MORTGAGE CORPORATION $610,000 n/a 0.3%
First Farmers Bank and Trust Company $1,460,000 $565,000 -61.3% 0.3%
AmeriHome Mortgage Company, LLC $315,000 $515,000 63.5% 0.3%
Old National Bank $530,000 $495,000 -6.6% 0.3%
HOME POINT FINANCIAL CORPORATION $955,000 $480,000 -49.7% 0.2%
LAKEVIEW LOAN SERVICING, LLC $480,000 n/a 0.2%
V.I.P. MORTGAGE, INC. $370,000 $470,000 27.0% 0.2%
NEW DAY FINANCIAL, LLC $260,000 $465,000 78.8% 0.2%
USAA Federal Savings Bank $785,000 $460,000 -41.4% 0.2%
SUCCESS MORTGAGE PARTNERS, INC. $475,000 $445,000 -6.3% 0.2%
AMERICAN FINANCING CORPORATION $85,000 $430,000 405.9% 0.2%
ACADEMY MORTGAGE CORPORATION $730,000 $425,000 -41.8% 0.2%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $430,000 $420,000 -2.3% 0.2%
Fire Police City County Federal Credit Union $650,000 $400,000 -38.5% 0.2%
Ixonia Bank $400,000 n/a 0.2%
BEACON CREDIT UNION $370,000 n/a 0.2%
NAVY FEDERAL CREDIT UNION $365,000 n/a 0.2%
ROYAL UNITED MORTGAGE LLC $360,000 n/a 0.2%
MID AMERICA MORTGAGE, INC. $350,000 n/a 0.2%
Low VA Rates, LLC $340,000 n/a 0.2%
CHURCHILL MORTGAGE CORPORATION $300,000 $335,000 11.7% 0.2%
North American Savings Bank, F.S.B. $335,000 n/a 0.2%
AMERIFIRST FINANCIAL CORPORATION $330,000 n/a 0.2%
First Guaranty Mortgage Corporation $320,000 n/a 0.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $90,000 $320,000 255.6% 0.2%
KEMBA CREDIT UNION, INC. $75,000 $315,000 320.0% 0.2%
SIRVA MORTGAGE, INC. $305,000 n/a 0.2%
Horizon Bank $105,000 $290,000 176.2% 0.2%
VILLAGE CAPITAL & INVESTMENT LLC $465,000 $280,000 -39.8% 0.1%
Triumph Bank $265,000 $265,000 0.0% 0.1%
Northwest Bank $260,000 n/a 0.1%
First Federal Savings Bank $245,000 $255,000 4.1% 0.1%
ENDEAVOR CAPITAL, LLC. $235,000 n/a 0.1%
Bank of America $225,000 n/a 0.1%
FINANCE OF AMERICA MORTGAGE LLC $225,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $225,000 n/a 0.1%
The Citizens National Bank of Bluffton $225,000 n/a 0.1%
Bath State Bank $215,000 n/a 0.1%
PHH Mortgage Corporation $205,000 n/a 0.1%
The Central Trust Bank $205,000 n/a 0.1%
The Federal Savings Bank $315,000 $205,000 -34.9% 0.1%
First Bank Richmond $195,000 n/a 0.1%
21ST MORTGAGE CORPORATION $150,000 $185,000 23.3% 0.1%
KELLER MORTGAGE, LLC $305,000 $175,000 -42.6% 0.1%
NBKC BANK $175,000 n/a 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $175,000 n/a 0.1%
AMERICAN FINANCIAL NETWORK, INC. $135,000 $165,000 22.2% 0.1%
Citibank $165,000 n/a 0.1%
BAY EQUITY LLC $155,000 n/a 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $330,000 $155,000 -53.0% 0.1%
First Federal Bank of the Midwest $445,000 $155,000 -65.2% 0.1%
PLANET HOME LENDING, LLC $155,000 n/a 0.1%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $75,000 $155,000 106.7% 0.1%
U.S. Bank $170,000 $150,000 -11.8% 0.1%
Barrington Bank & Trust Company, N.A. $770,000 $145,000 -81.2% 0.1%
Hometown Lenders, Inc. $145,000 n/a 0.1%
PURDUE FEDERAL CREDIT UNION $75,000 $145,000 93.3% 0.1%
TRIAD FINANCIAL SERVICES, INC. $615,000 $140,000 -77.2% 0.1%
SPRING EQ, LLC $135,000 n/a 0.1%
VAN DYK MORTGAGE CORPORATION $575,000 $135,000 -76.5% 0.1%
GUARANTEED RATE, INC. $1,940,000 $125,000 -93.6% 0.1%
LEADERONE FINANCIAL CORPORATION $125,000 n/a 0.1%
The Garrett State Bank $25,000 $125,000 400.0% 0.1%
Ally Bank $115,000 n/a 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $115,000 n/a 0.1%
Citizens Bank $145,000 $105,000 -27.6% 0.1%
THRIVE MORTGAGE, LLC $105,000 n/a 0.1%
FORT FINANCIAL Federal Credit Union $960,000 $100,000 -89.6% 0.1%
INTERRA CREDIT UNION $95,000 n/a 0.0%
MJW Financial LLC $95,000 n/a 0.0%
TOWNE MORTGAGE COMPANY $105,000 $95,000 -9.5% 0.0%
INOVA FEDERAL CREDIT UNION $75,000 n/a 0.0%
First Financial Bank $55,000 n/a 0.0%
INDIANA MEMBERS CREDIT UNION $225,000 $55,000 -75.6% 0.0%
WRIGHT-PATT CREDIT UNION, INC. $55,000 n/a 0.0%
STAR USA FEDERAL CREDIT UNION $35,000 n/a 0.0%

Bluffton's top lender by overall market share is AMERICAN MORTGAGE SERVICE COMPANY, with 13.9% market share. In second place, with 12.8%, is RUOFF MORTGAGE COMPANY, INC., having originated $24,620,000 in loans. In third place, with 12.6%, is Three Rivers Federal Credit Union, having originated $24,270,000 in loans. In third place, with 7.6%, is First Bank of Berne, having originated $14,675,000 in loans. In third place, with 6.3%, is First Merchants Bank, having originated $12,210,000 in loans.


Bluffton, IN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 437 $76,845,000 $175,847
Refi 389 $55,765,000 $143,355
Cash Out Refi 331 $48,015,000 $145,060
Home Improvement 78 $6,580,000 $84,359
Other 63 $5,795,000 $91,984

Bluffton's most frequently cited loan purpose was Home Purchase, with 437 originations. The 2nd most popular reason was Refi, with 389 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 539 $85,245,000 $158,154
2.5-3% 409 $65,635,000 $160,477
<2.5% 227 $30,165,000 $132,885
4-5% 72 $8,960,000 $124,444
5-6% 20 $960,000 $48,000
Over 8% 14 $460,000 $32,857
7-8% 4 $140,000 $35,000
6-7% 2 $80,000 $40,000

During 2021, Bluffton's most frequently originated rate bucket was 3-4%, with 539 originations.

Loan Sizing (Bluffton, IN MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 640 $91,070,000 $142,297
$100,000 or less 388 $25,400,000 $65,464
$200k-400k 244 $63,410,000 $259,877
$400k-600k 23 $10,645,000 $462,826
$600k-1000k 2 $1,260,000 $630,000
$Over $1MM 1 $1,215,000 $1,215,000

Bluffton's loan sizing saw the bucket of loans from $100k-200k with 640 originations, totaling $91,070,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 426 $72,620,000 $170,469
60-80% 380 $63,950,000 $168,289
40-60% 192 $23,560,000 $122,708
20-40% 99 $8,285,000 $83,687
Under 20% 53 $1,775,000 $33,491
Over 100% 3 $655,000 $218,333

Bluffton's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 426 originations, totaling $72,620,000 in origination value.