ELKHART - GOSHEN Mortgage Rates

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

30 Year Fixed Rate mortgages in Elkhart - Goshen averaged 5.69% for the week of 2022-05-19, compared to the national average of 5.25% for the same period.

The average rate for the prior week (2022-05-12) was 5.34% and one month ago for the week of 2022-04-14, the average rate was 5.34%.

Elkhart - Goshen's average rate one year ago was 3.17%.

For refis of the same type during the week of 2022-05-19, the average rate was 5.62%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-05-19 5.25%
Elkhart - Goshen 30 Year Fixed Rate 2022-05-19 5.69%
Elkhart - Goshen 30 Year Fixed Rate Refi 2022-05-19 5.62%
Elkhart - Goshen 15 Year Fixed Rate 2022-05-19 5.63%
Elkhart - Goshen 15 Year Fixed Rate Refi 2022-05-19 4.45%
Elkhart - Goshen 30 Year FHA 2022-05-19 5.45%
Elkhart - Goshen 30 Year FHA Refi 2022-05-19 5.52%
Elkhart - Goshen 30 Year USDA 2022-05-19 5.44%
Elkhart - Goshen 30 Year USDA Refi 2022-05-19 5.37%
Elkhart - Goshen 30 Year VA 2022-05-19 5.32%
Elkhart - Goshen 30 Year VA Refi 2022-05-19 5%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within ELKHART-GOSHEN, IN.

ELKHART - GOSHEN 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 ELKHART-GOSHEN, 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
INTERRA CREDIT UNION 322 3.28% $2,693
RUOFF MORTGAGE COMPANY, INC. 310 3.23% $2,275
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 278 3.38% $3,282
QUICKEN LOANS, LLC 221 3.15% $4,685
First Federal Savings Bank 192 3.14% $3,366
First State Bank of Middlebury 176 3.18% $3,216
TEACHERS CREDIT UNION 149 3.32% $2,267
JPMorgan Chase Bank 125 3.12% $2,199
Horizon Bank 121 3.26% $3,255
INOVA FEDERAL CREDIT UNION 102 2.98% $2,364
GUARANTEED RATE, INC. 99 3.17% $3,003
HALLMARK HOME MORTGAGE, LLC 95 3.31% $2,845
Notre Dame Federal Credit Union Corporation 86 3.05% $3,676
1st Source Bank 79 3.19% $2,620
Lake City Bank 73 3.09% $3,114
CELEBRITY HOME LOANS, LLC 52 3.26% $3,170
KeyBank 47 3.07% $2,319
Farmers State Bank 45 3.39% $2,143
UNITED WHOLESALE MORTGAGE, LLC 42 3.02% $3,520
LOANDEPOT.COM, LLC 39 3.11% $4,139
UNITED 35 3.40% $2,590
Centier Bank 35 3.19% $1,972
Farm Credit Mid-America, ACA 31 3.40% $6,243
Northwest Bank 29 3.08% $2,324
Wells Fargo Bank 27 3.26% $2,652
EVERENCE FEDERAL CREDIT UNION 23 4.55% $1,896
Mr. Cooper ( Nationstar Mortgage ) 22 3.40% $4,532
AMERICAN FINANCIAL NETWORK, INC. 20 3.57% $6,154
AMERISAVE MORTGAGE CORPORATION 20 2.98% $4,518
EVERETT FINANCIAL, INC. 19 3.51% $1,174
AMERIFIRST FINANCIAL CORPORATION 17 3.28% $2,963
Flagstar Bank, FSB 16 3.24% $2,924
Fifth Third Bank 16 3.11% $2,563
Old National Bank 15 3.19% $2,699
UNION HOME MORTGAGE CORP. 13 3.23% $2,556
Chiphone Federal Credit Union 12 3.23% $2,515
VAN DYK MORTGAGE CORPORATION 12 3.23% $2,553
FREEDOM MORTGAGE CORPORATION 12 3.23% $2,027
NEWREZ LLC 12 2.98% $3,351
BETTER MORTGAGE CORPORATION 11 3.19% $2,120
U.S. Bank 11 3.42% $2,341
PENNYMAC LOAN SERVICES, LLC 10 3.46% $4,290
BROKER SOLUTIONS, INC. 10 3.13% $3,706
AMERICAN FINANCING CORPORATION 9 3.14% $4,502
ROYAL UNITED MORTGAGE LLC 9 3.10% $6,891
Carrington Mortgage Services, LLC 9 3.42% $3,746
PNC Bank 9 3.15% $2,510
HOMESIDE FINANCIAL, LLC 9 3.24% $3,213
MID AMERICA MORTGAGE, INC. 9 3.46% $2,613
V.I.P. MORTGAGE, INC. 9 3.21% $3,330
InterContinental Capital Group, Inc 8 3.34% $3,063
The Huntington National Bank 8 3.14% $2,321
First Guaranty Mortgage Corporation 8 3.50% $3,102
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 3.20% $3,501
Circle Federal Credit Union 8 3.27% $2,275
Paramount Residential Mortgage Group, Inc. 7 3.02% $2,578
LAKEVIEW LOAN SERVICING, LLC 7 3.07% $2,844
CALIBER HOME LOANS, INC. 6 3.03% $3,741
PANORAMA MORTGAGE GROUP, LLC 6 3.15% $4,074
Ally Bank 6 3.17% $3,238
Mortgage Assurance Inc. 6 3.17% $1,805
NAVY FEDERAL CREDIT UNION 6 3.48% $3,843
Bank of America 5 3.05% $2,916
ACADEMY MORTGAGE CORPORATION 5 3.30% $2,640
SUCCESS MORTGAGE PARTNERS, INC. 4 3.13% $4,997
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 4 3.28% $3,282
Bank of England 4 3.19% $4,428
Northpointe Bank 4 3.19% $2,515
ZILLOW HOME LOANS, LLC 4 3.25% $2,490
LOANPAL, LLC 4 3.25% $4,225
Honor Credit Union 4 3.31% $2,193
Hometown Lenders, Inc. 4 3.65% $5,257
SOFI LENDING CORP. 4 3.13% $3,028
GVC MORTGAGE, INC. 3 3.37% $2,437
First Federal Savings Bank 3 2.92% $3,691
TOP FLITE FINANCIAL, INC. 3 3.50% $5,044
HOME POINT FINANCIAL CORPORATION 3 3.63% $3,998
Stifel Bank and Trust 3 2.83% $1,902
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 3.29% $2,992
Liberty Savings Bank, F.S.B. 3 3.13% $4,684
PHH Mortgage Corporation 3 3.79% $5,660
MEMBER FIRST MORTGAGE, LLC 3 3.75% $2,674
Citizens Bank 3 2.83% $2,284
The Federal Savings Bank 2 3.06% $6,848
Dollar Bank, Federal Savings Bank 2 3.31% $5,096
PLAZA HOME MORTGAGE, INC. 2 3.00% $4,512
CHURCHILL MORTGAGE CORPORATION 2 3.44% $2,569
Discover Bank 2 3.99% $0
Crossroads Bank 2 3.50% $1,796
The Farmers & Merchants State Bank 2 3.31% $2,923
Waterstone Mortgage Corporation 2 3.25% $3,017
Manufacturers and Traders Trust Company 2 3.13% $2,500
FORUM Credit Union 2 3.38% $2,712
CROSSCOUNTRY MORTGAGE, LLC 2 3.44% $2,581
MJW Financial LLC 2 3.00% $4,131
Citibank 2 2.88% $4,788
COMPASS MORTGAGE, INC. 2 3.13% $2,913
AmeriHome Mortgage Company, LLC 2 3.25% $6,038
Nations Lending Corporation 2 3.31% $3,546
Strong Home Mortgage, LLC 2 3.06% $1,637
IMPAC MORTGAGE CORP. 2 2.87% $1,268
Ixonia Bank 2 3.06% $3,248
Colten Mortgage, LLC 2 3.31% $3,745
SUN WEST MORTGAGE COMPANY, INC. 2 2.90% $3,924
DRAPER AND KRAMER MORTGAGE CORP. 2 2.93% $2,652
TCF National Bank 1 2.75% $2,640
Advisors Mortgage Group, L.L.C. 1 3.63% $1,967
AMERICAN INTERNET MORTGAGE, INC. 1 2.50% $2,486
ARC HOME LLC 1 2.75% $4,009
Associated Bank 1 3.13% $2,144
Baxter Credit Union 1 3.13% $2,757
BAY EQUITY LLC 1 2.50% $1,791
BEACON CREDIT UNION 1 2.63% $1,982
BNC National Bank 1 2.38% $2,186
CANOPY MORTGAGE, LLC 1 3.25% $2,040
CHERRY CREEK MORTGAGE, LLC 1 2.75% $123
Elements Financial Federal Credit Union 1 3.25% $1,912
ENDEAVOR CAPITAL, LLC. 1 2.88% $2,217
EVANSVILLE TEACHERS 1 3.13% $2,544
FAY SERVICING, LLC 1 3.13% $1,849
FINANCE OF AMERICA MORTGAGE LLC 1 4.38% $3,745
First Farmers Bank and Trust Company 1 3.38% $2,260
First Federal Bank 1 3.75% $8,911
First Option Mortgage, LLC 1 3.63% $3,166
First Palmetto Bank 1 3.50% $2,337
FIRST STATE MORTGAGE SERVICES, LLC 1 2.88% $2,228
German American Bank 1 3.25% $2,803
GreenStone Farm Credit Services, FLCA 1 3.85% $2,765
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 2.75% $2,517
JLB CORPORATION 1 3.75% $4,172
LAKE MICHIGAN CREDIT UNION 1 3.00% $2,484
LOANFLIGHT LENDING, LLC 1 2.88% $1,410
Loan Simple, Inc. 1 3.38% $3,442
MUTUAL OF OMAHA MORTGAGE, INC. 1 3.75% $2,478
NATIONS RELIABLE LENDING, LLC 1 2.75% $5,063
Neighborhood Loans, Inc. 1 3.50% $4,422
NETWORK CAPITAL FUNDING CORPORATION 1 3.38% $3,090
NP, Inc. 1 4.13% $2,402
OAK MORTGAGE, LLC 1 3.75% $3,313
OPEN MORTGAGE, LLC 1 3.00% $2,562
PARTNERS 1ST Federal Credit Union 1 3.50% $2,247
PENTAGON FEDERAL CREDIT UNION 1 3.00% $1,618
Plains Commerce Bank 1 3.00% $2,320
Platinum Home Mortgage Corporation 1 3.99% $2,049
POLARIS HOME FUNDING CORP. 1 3.25% $3,542
PURDUE FEDERAL CREDIT UNION 1 2.75% $2,848
Regions Bank 1 3.88% $4,158
Renasant Bank 1 2.63% $3,130
Simmons Bank 1 2.88% $3,302
Southern Michigan Bank & Trust 1 4.00% $2,128
SOVEREIGN LENDING GROUP INCORPORATED 1 2.75% $13,787
SPRING EQ, LLC 1 2.63% $0
STAR Financial Bank 1 3.63% $9,226
STEARNS LENDING, LLC 1 3.63% $2,600
STOCKTON MORTGAGE CORPORATION 1 3.00% $795
1ST SIGNATURE LENDING, LLC 1 2.88% $2,818
The Park National Bank 1 3.00% $2,976
The Union Bank Company 1 2.75% $2,898
Three Rivers Federal Credit Union 1 3.13% $2,301
Truist Bank 1 2.88% $2,197
UBS Bank USA 1 3.50% $3,177
Union Savings Bank 1 2.88% $2,462

ELKHART-GOSHEN, IN's 162 lenders originated 8,744 loans during 2021. The total origination value was $1,450,420,000, with an average loan value of $165,876.

The top ELKHART - GOSHEN lender as defined by loan originations is INTERRA CREDIT UNION, with 322 loans originated. Their average total fees are $2,693, which is $418 higher than the next largest lender, RUOFF MORTGAGE COMPANY, INC..

The lowest fee ELKHART - GOSHEN lenders (with over 10 loans originated) are EVERETT FINANCIAL, INC. ($1,174), EVERENCE FEDERAL CREDIT UNION ($1,896), Centier Bank ($1,972), FREEDOM MORTGAGE CORPORATION ($2,027) and BETTER MORTGAGE CORPORATION ($2,120).

The lowest rate ELKHART - GOSHEN lenders (with over 10 loans originated) are NEWREZ LLC (2.98%), INOVA FEDERAL CREDIT UNION (2.98%), AMERISAVE MORTGAGE CORPORATION (2.98%), UNITED WHOLESALE MORTGAGE, LLC (3.02%) and Notre Dame Federal Credit Union Corporation (3.05%).

ELKHART-GOSHEN, 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
INTERRA CREDIT UNION $166,940,000 $143,890,000 -13.8% 9.9%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $75,080,000 $102,480,000 36.5% 7.1%
RUOFF MORTGAGE COMPANY, INC. $103,460,000 $95,635,000 -7.6% 6.6%
QUICKEN LOANS, LLC $73,250,000 $83,375,000 13.8% 5.7%
First State Bank of Middlebury $92,915,000 $79,590,000 -14.3% 5.5%
First Federal Savings Bank $175,000 $75,300,000 42,928.6% 5.2%
1st Source Bank $78,240,000 $60,940,000 -22.1% 4.2%
Lake City Bank $43,930,000 $56,785,000 29.3% 3.9%
TEACHERS CREDIT UNION $36,385,000 $47,610,000 30.9% 3.3%
Horizon Bank $53,715,000 $45,400,000 -15.5% 3.1%
INOVA FEDERAL CREDIT UNION $34,000,000 $38,415,000 13.0% 2.6%
GUARANTEED RATE, INC. $24,815,000 $35,365,000 42.5% 2.4%
HALLMARK HOME MORTGAGE, LLC $27,370,000 $33,140,000 21.1% 2.3%
JPMorgan Chase Bank $37,190,000 $33,115,000 -11.0% 2.3%
FREEDOM MORTGAGE CORPORATION $30,240,000 $28,625,000 -5.3% 2.0%
Notre Dame Federal Credit Union Corporation $27,225,000 $28,460,000 4.5% 2.0%
Farmers State Bank $21,755,000 $19,250,000 -11.5% 1.3%
KeyBank $15,090,000 $17,800,000 18.0% 1.2%
Farm Credit Mid-America, ACA $11,185,000 $17,495,000 56.4% 1.2%
CELEBRITY HOME LOANS, LLC $14,945,000 $17,365,000 16.2% 1.2%
LOANDEPOT.COM, LLC $7,725,000 $15,380,000 99.1% 1.1%
First Merchants Bank $690,000 $15,310,000 2,118.8% 1.1%
UNITED WHOLESALE MORTGAGE, LLC $7,425,000 $13,605,000 83.2% 0.9%
Centier Bank $18,765,000 $12,145,000 -35.3% 0.8%
Northwest Bank $11,165,000 $11,295,000 1.2% 0.8%
Old National Bank $10,985,000 $10,995,000 0.1% 0.8%
JONES LANG LASALLE MULTIFAMILY, LLC $10,730,000 n/a 0.7%
UNITED $9,130,000 $10,065,000 10.2% 0.7%
Wells Fargo Bank $6,990,000 $10,040,000 43.6% 0.7%
Mr. Cooper ( Nationstar Mortgage ) $10,205,000 $9,950,000 -2.5% 0.7%
Mortgage Research Center, LLC $9,240,000 $9,360,000 1.3% 0.6%
The Campbell & Fetter Bank $6,430,000 $8,215,000 27.8% 0.6%
PENNYMAC LOAN SERVICES, LLC $2,545,000 $7,780,000 205.7% 0.5%
LAKEVIEW LOAN SERVICING, LLC $4,760,000 $7,485,000 57.2% 0.5%
NEWREZ LLC $5,635,000 $7,450,000 32.2% 0.5%
TRIAD FINANCIAL SERVICES, INC. $3,905,000 $7,260,000 85.9% 0.5%
PNC Bank $17,125,000 $7,125,000 -58.4% 0.5%
V.I.P. MORTGAGE, INC. $3,895,000 $6,860,000 76.1% 0.5%
Fifth Third Bank $5,810,000 $6,835,000 17.6% 0.5%
EVERETT FINANCIAL, INC. $32,075,000 $6,760,000 -78.9% 0.5%
AMERISAVE MORTGAGE CORPORATION $2,245,000 $6,610,000 194.4% 0.5%
AMERICAN FINANCIAL NETWORK, INC. $6,485,000 $5,615,000 -13.4% 0.4%
The Huntington National Bank $2,705,000 $5,580,000 106.3% 0.4%
First Guaranty Mortgage Corporation $3,570,000 $5,415,000 51.7% 0.4%
Flagstar Bank, FSB $3,760,000 $5,150,000 37.0% 0.4%
MID AMERICA MORTGAGE, INC. $360,000 $4,805,000 1,234.7% 0.3%
Circle Federal Credit Union $2,735,000 $4,570,000 67.1% 0.3%
EVERENCE FEDERAL CREDIT UNION $3,835,000 $4,515,000 17.7% 0.3%
UNION HOME MORTGAGE CORP. $3,745,000 $4,510,000 20.4% 0.3%
CALIBER HOME LOANS, INC. $6,465,000 $4,370,000 -32.4% 0.3%
Paramount Residential Mortgage Group, Inc. $2,060,000 $4,160,000 101.9% 0.3%
BETTER MORTGAGE CORPORATION $1,055,000 $4,085,000 287.2% 0.3%
U.S. Bank $1,865,000 $3,870,000 107.5% 0.3%
VAN DYK MORTGAGE CORPORATION $4,885,000 $3,385,000 -30.7% 0.2%
AMERIFIRST FINANCIAL CORPORATION $5,160,000 $3,315,000 -35.8% 0.2%
Carrington Mortgage Services, LLC $4,130,000 $3,210,000 -22.3% 0.2%
Arbor Realty Trust, Inc. $3,145,000 n/a 0.2%
BROKER SOLUTIONS, INC. $2,995,000 $3,115,000 4.0% 0.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,870,000 $2,950,000 57.8% 0.2%
InterContinental Capital Group, Inc $1,480,000 $2,890,000 95.3% 0.2%
HOME POINT FINANCIAL CORPORATION $2,440,000 $2,870,000 17.6% 0.2%
HOMESIDE FINANCIAL, LLC $1,565,000 $2,825,000 80.5% 0.2%
NAVY FEDERAL CREDIT UNION $2,900,000 $2,660,000 -8.3% 0.2%
AMERICAN FINANCING CORPORATION $550,000 $2,385,000 333.6% 0.2%
PANORAMA MORTGAGE GROUP, LLC $4,810,000 $2,250,000 -53.2% 0.2%
Mortgage Assurance Inc. $1,610,000 $2,245,000 39.4% 0.2%
CHURCHILL MORTGAGE CORPORATION $1,190,000 $2,235,000 87.8% 0.2%
ROYAL UNITED MORTGAGE LLC $1,455,000 $2,210,000 51.9% 0.2%
ACADEMY MORTGAGE CORPORATION $1,055,000 $2,070,000 96.2% 0.1%
AmeriHome Mortgage Company, LLC $3,685,000 $2,010,000 -45.5% 0.1%
VILLAGE CAPITAL & INVESTMENT LLC $1,215,000 $1,950,000 60.5% 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $335,000 $1,865,000 456.7% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $855,000 $1,750,000 104.7% 0.1%
Chiphone Federal Credit Union $3,455,000 $1,715,000 -50.4% 0.1%
Crossroads Bank $4,230,000 $1,700,000 -59.8% 0.1%
PLAZA HOME MORTGAGE, INC. $340,000 $1,585,000 366.2% 0.1%
Bank of America $1,310,000 $1,515,000 15.6% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $1,650,000 $1,470,000 -10.9% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $1,095,000 $1,440,000 31.5% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $1,265,000 $1,405,000 11.1% 0.1%
CLEARPATH LENDING $2,050,000 $1,360,000 -33.7% 0.1%
OCEANSIDE MORTGAGE COMPANY $1,640,000 $1,360,000 -17.1% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $2,325,000 $1,355,000 -41.7% 0.1%
Northpointe Bank $270,000 $1,310,000 385.2% 0.1%
PHH Mortgage Corporation $485,000 $1,300,000 168.0% 0.1%
Hometown Lenders, Inc. $1,290,000 n/a 0.1%
GVC MORTGAGE, INC. $1,175,000 $1,280,000 8.9% 0.1%
21ST MORTGAGE CORPORATION $990,000 $1,255,000 26.8% 0.1%
ZILLOW HOME LOANS, LLC $355,000 $1,255,000 253.5% 0.1%
Dollar Bank, Federal Savings Bank $1,210,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $1,135,000 $1,185,000 4.4% 0.1%
Wyndham Capital Mortgage, Inc. $455,000 $1,175,000 158.2% 0.1%
Bank of England $700,000 $1,155,000 65.0% 0.1%
Ally Bank $115,000 $1,145,000 895.7% 0.1%
Three Rivers Federal Credit Union $930,000 $1,140,000 22.6% 0.1%
USAA Federal Savings Bank $2,540,000 $955,000 -62.4% 0.1%
Honor Credit Union $630,000 $940,000 49.2% 0.1%
TOP FLITE FINANCIAL, INC. $275,000 $930,000 238.2% 0.1%
Low VA Rates, LLC $385,000 $920,000 139.0% 0.1%
Colten Mortgage, LLC $370,000 $915,000 147.3% 0.1%
NBKC BANK $720,000 $885,000 22.9% 0.1%
SOFI LENDING CORP. $450,000 $870,000 93.3% 0.1%
MEMBER FIRST MORTGAGE, LLC $1,490,000 $865,000 -41.9% 0.1%
Nations Lending Corporation $465,000 $850,000 82.8% 0.1%
NEW DAY FINANCIAL, LLC $1,675,000 $850,000 -49.3% 0.1%
OAK MORTGAGE, LLC $345,000 $850,000 146.4% 0.1%
TCF National Bank $810,000 $815,000 0.6% 0.1%
Barrington Bank & Trust Company, N.A. $1,780,000 $810,000 -54.5% 0.1%
Discover Bank $455,000 $810,000 78.0% 0.1%
Stifel Bank and Trust $555,000 $805,000 45.0% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $755,000 $775,000 2.6% 0.1%
Citizens Bank $4,455,000 $760,000 -82.9% 0.1%
PLANET HOME LENDING, LLC $965,000 $760,000 -21.2% 0.1%
The Federal Savings Bank $2,575,000 $755,000 -70.7% 0.1%
The Farmers & Merchants State Bank $590,000 $695,000 17.8% 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $325,000 $685,000 110.8% 0.0%
BMO Harris Bank $675,000 n/a 0.0%
BEACON CREDIT UNION $700,000 $665,000 -5.0% 0.0%
OPEN MORTGAGE, LLC $655,000 n/a 0.0%
AMERICAN ADVISORS GROUP $255,000 $650,000 154.9% 0.0%
Liberty Savings Bank, F.S.B. $175,000 $605,000 245.7% 0.0%
Advisors Mortgage Group, L.L.C. $600,000 n/a 0.0%
Citibank $210,000 $600,000 185.7% 0.0%
FINANCE OF AMERICA MORTGAGE LLC $590,000 $580,000 -1.7% 0.0%
POLARIS HOME FUNDING CORP. $1,295,000 $580,000 -55.2% 0.0%
BNC National Bank $570,000 n/a 0.0%
LOANPAL, LLC $395,000 $570,000 44.3% 0.0%
ARC HOME LLC $155,000 $565,000 264.5% 0.0%
Regions Bank $560,000 n/a 0.0%
Waterstone Mortgage Corporation $560,000 n/a 0.0%
COMPASS MORTGAGE, INC. $835,000 $555,000 -33.5% 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $995,000 $555,000 -44.2% 0.0%
MJW Financial LLC $550,000 n/a 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $1,075,000 $545,000 -49.3% 0.0%
Loan Simple, Inc. $540,000 n/a 0.0%
TIAA, FSB $350,000 $505,000 44.3% 0.0%
FORUM Credit Union $55,000 $490,000 790.9% 0.0%
First Federal Savings Bank $175,000 $475,000 171.4% 0.0%
Truist Bank $470,000 n/a 0.0%
First Federal Bank $705,000 $440,000 -37.6% 0.0%
Plains Commerce Bank $440,000 n/a 0.0%
IMPAC MORTGAGE CORP. $395,000 $430,000 8.9% 0.0%
Equity Prime Mortgage LLC $290,000 $405,000 39.7% 0.0%
1ST SIGNATURE LENDING, LLC $555,000 $390,000 -29.7% 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $380,000 n/a 0.0%
Manufacturers and Traders Trust Company $55,000 $375,000 581.8% 0.0%
Ixonia Bank $360,000 n/a 0.0%
ProFed Federal Credit Union $475,000 $360,000 -24.2% 0.0%
Amerifirst Financial, Inc. $355,000 n/a 0.0%
FINANCE OF AMERICA COMMERCIAL LLC $355,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $450,000 $335,000 -25.6% 0.0%
Figure Lending LLC $280,000 $335,000 19.6% 0.0%
FIRST STATE MORTGAGE SERVICES, LLC $335,000 n/a 0.0%
LOANFLIGHT LENDING, LLC $335,000 $335,000 0.0% 0.0%
North American Savings Bank, F.S.B. $275,000 $335,000 21.8% 0.0%
LAKE MICHIGAN CREDIT UNION $670,000 $330,000 -50.7% 0.0%
Strong Home Mortgage, LLC $330,000 n/a 0.0%
NATIONS RELIABLE LENDING, LLC $55,000 $325,000 490.9% 0.0%
THE MORTGAGE WAREHOUSE,LLC $325,000 n/a 0.0%
EMBRACE HOME LOANS, INC. $440,000 $320,000 -27.3% 0.0%
Union Savings Bank $940,000 $320,000 -66.0% 0.0%
CANOPY MORTGAGE, LLC $305,000 n/a 0.0%
Oxford Bank & Trust $100,000 $300,000 200.0% 0.0%
OMNI Community Credit Union $850,000 $295,000 -65.3% 0.0%
UBS Bank USA $370,000 $295,000 -20.3% 0.0%
Southern Michigan Bank & Trust $495,000 $290,000 -41.4% 0.0%
STAR Financial Bank $360,000 $285,000 -20.8% 0.0%
Neighborhood Loans, Inc. $275,000 n/a 0.0%
JLB CORPORATION $270,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $95,000 $270,000 184.2% 0.0%
CHERRY CREEK MORTGAGE, LLC $265,000 n/a 0.0%
First Farmers Bank and Trust Company $265,000 n/a 0.0%
German American Bank $255,000 n/a 0.0%
MORIA DEVELOPMENT, INC. $255,000 n/a 0.0%
First Bank of Manhattan $245,000 n/a 0.0%
PURDUE FEDERAL CREDIT UNION $390,000 $245,000 -37.2% 0.0%
STOCKTON MORTGAGE CORPORATION $215,000 $245,000 14.0% 0.0%
Colonial Savings, F.A. $235,000 n/a 0.0%
Elements Financial Federal Credit Union $65,000 $235,000 261.5% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $635,000 $230,000 -63.8% 0.0%
FINANCE OF AMERICA REVERSE LLC $230,000 n/a 0.0%
Security Federal Savings Bank $230,000 n/a 0.0%
SPRING EQ, LLC $115,000 $225,000 95.7% 0.0%
First Option Mortgage, LLC $210,000 $215,000 2.4% 0.0%
MOVEMENT MORTGAGE, LLC $330,000 $215,000 -34.8% 0.0%
Simmons Bank $215,000 n/a 0.0%
Baxter Credit Union $165,000 $205,000 24.2% 0.0%
BAY EQUITY LLC $205,000 n/a 0.0%
LIBERTY HOME MORTGAGE CORPORATION $205,000 n/a 0.0%
Republic Bank & Trust Company $205,000 n/a 0.0%
TOGETHER CREDIT UNION $205,000 n/a 0.0%
First Western Trust Bank $195,000 n/a 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $580,000 $195,000 -66.4% 0.0%
Renasant Bank $195,000 n/a 0.0%
The Park National Bank $195,000 n/a 0.0%
ACCELERATE MORTGAGE, LLC $185,000 n/a 0.0%
FAIR WAY LENDING LLC $185,000 n/a 0.0%
INTERCAP LENDING INC. $185,000 n/a 0.0%
Triumph Bank $185,000 n/a 0.0%
UNITED SECURITY FINANCIAL CORP $185,000 n/a 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $135,000 $180,000 33.3% 0.0%
S1L, Inc. $175,000 n/a 0.0%
The Union Bank Company $175,000 n/a 0.0%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $730,000 $165,000 -77.4% 0.0%
First State Bank $165,000 n/a 0.0%
STEARNS LENDING, LLC $165,000 n/a 0.0%
TUCKER MORTGAGE, LLC $165,000 n/a 0.0%
NETWORK CAPITAL FUNDING CORPORATION $155,000 $155,000 0.0% 0.0%
Platinum Home Mortgage Corporation $340,000 $155,000 -54.4% 0.0%
RESIDENTIAL MORTGAGE SERVICES, INC. $415,000 $155,000 -62.7% 0.0%
ENDEAVOR CAPITAL, LLC. $145,000 n/a 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $125,000 $145,000 16.0% 0.0%
FAY SERVICING, LLC $135,000 n/a 0.0%
First Palmetto Bank $135,000 n/a 0.0%
GreenStone Farm Credit Services, FLCA $135,000 n/a 0.0%
PARTNERS 1ST Federal Credit Union $325,000 $135,000 -58.5% 0.0%
PENTAGON FEDERAL CREDIT UNION $250,000 $135,000 -46.0% 0.0%
NATIONS DIRECT MORTGAGE, LLC $125,000 n/a 0.0%
NP, Inc. $535,000 $125,000 -76.6% 0.0%
Third Federal Savings and Loan Association of Cleveland $365,000 $125,000 -65.8% 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $25,000 $115,000 360.0% 0.0%
ALLIED MORTGAGE GROUP, INC. $105,000 n/a 0.0%
Associated Bank $105,000 n/a 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $290,000 $95,000 -67.2% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $95,000 n/a 0.0%
LIMA ONE CAPITAL, LLC $85,000 n/a 0.0%
EVANSVILLE TEACHERS $780,000 $65,000 -91.7% 0.0%
First Midwest Bank $165,000 $65,000 -60.6% 0.0%
IDAHO STATE UNIVERSITY $65,000 n/a 0.0%
CHEVRON $45,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $30,000 $40,000 33.3% 0.0%
FirstBank $45,000 $15,000 -66.7% 0.0%

ELKHART - GOSHEN's top lender by overall market share is INTERRA CREDIT UNION, with 9.9% market share. In second place, with 7.1%, is CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP, having originated $102,480,000 in loans. In third place, with 6.6%, is RUOFF MORTGAGE COMPANY, INC., having originated $95,635,000 in loans. In third place, with 5.7%, is QUICKEN LOANS, LLC, having originated $83,375,000 in loans. In third place, with 5.5%, is First State Bank of Middlebury, having originated $79,590,000 in loans.


ELKHART-GOSHEN, IN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 3,141 $617,165,000 $196,487
Refi 2,848 $466,270,000 $163,718
Cash Out Refi 1,811 $297,635,000 $164,348
Other 491 $39,395,000 $80,234
Home Improvement 453 $29,955,000 $66,126

Elkhart - Goshen's most frequently cited loan purpose was Home Purchase, with 3,141 originations. The 2nd most popular reason was Refi, with 2,848 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 3,756 $684,930,000 $182,356
2.5-3% 2,617 $464,545,000 $177,511
<2.5% 1,426 $209,410,000 $146,851
4-5% 552 $63,350,000 $114,764
Over 8% 169 $6,845,000 $40,503
5-6% 98 $9,060,000 $92,449
7-8% 62 $2,700,000 $43,548
6-7% 19 $995,000 $52,368

During 2021, Elkhart - Goshen's most frequently originated rate bucket was 3-4%, with 3,756 originations.

Loan Sizing (ELKHART-GOSHEN, IN MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 3,843 $557,565,000 $145,086
$100,000 or less 2,517 $146,115,000 $58,051
$200k-400k 2,063 $543,145,000 $263,279
$400k-600k 255 $120,035,000 $470,725
$600k-1000k 52 $37,980,000 $730,385
$Over $1MM 14 $45,580,000 $3,255,714

ELKHART - GOSHEN's loan sizing saw the bucket of loans from $100k-200k with 3,843 originations, totaling $557,565,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 2,844 $584,270,000 $205,440
60-80% 2,634 $524,510,000 $199,131
40-60% 1,262 $180,430,000 $142,971
20-40% 785 $69,845,000 $88,975
Under 20% 718 $25,890,000 $36,058
Over 100% 41 $11,935,000 $291,098

ELKHART - GOSHEN's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,844 originations, totaling $584,270,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - ELKHART - GOSHEN (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $154,450 (-0.3%) $214,695 (0.6%) 0.57 365
2018-02-01 $156,900 (1.2%) $221,794 (3.2%) 0.57 316
2018-03-01 $169,900 (9.8%) $227,156 (2.8%) 0.59 287
2018-04-01 $174,950 (-3.9%) $230,227 (-4.1%) 0.59 271
2018-05-01 $184,900 (-1.4%) $243,524 (-1.2%) 0.62 297
2018-06-01 $199,500 (9.7%) $259,994 (8.7%) 0.67 350
2018-07-01 $199,000 (13.7%) $261,888 (11.0%) 0.66 394
2018-08-01 $197,450 (14.5%) $257,018 (12.8%) 0.66 417
2018-09-01 $189,900 (8.8%) $249,982 (7.3%) 0.64 433
2018-10-01 $184,900 (8.9%) $244,970 (5.3%) 0.62 428
2018-11-01 $186,950 (11.0%) $247,592 (8.7%) 0.63 432
2018-12-01 $187,900 (17.8%) $242,195 (10.2%) 0.64 401
2019-01-01 $186,250 (20.6%) $238,904 (11.3%) 0.64 360
2019-02-01 $192,900 (22.9%) $245,407 (10.7%) 0.65 338
2019-03-01 $207,571 (22.2%) $265,430 (16.9%) 0.68 297
2019-04-01 $217,571 (24.4%) $282,919 (22.9%) 0.69 251
2019-05-01 $214,900 (16.2%) $277,984 (14.2%) 0.66 250
2019-06-01 $210,000 (5.3%) $273,878 (5.3%) 0.65 279
2019-07-01 $209,950 (5.5%) $271,804 (3.8%) 0.65 292
2019-08-01 $197,757 (0.2%) $251,866 (-2.0%) 0.62 363
2019-09-01 $192,450 (1.3%) $241,012 (-3.6%) 0.61 389
2019-10-01 $192,450 (4.1%) $244,769 (-0.1%) 0.61 376
2019-11-01 $184,900 (-1.1%) $237,038 (-4.3%) 0.60 365
2019-12-01 $176,250 (-6.2%) $227,786 (-6.0%) 0.59 331
2020-01-01 $185,350 (-0.5%) $235,494 (-1.4%) 0.62 299
2020-02-01 $189,900 (-1.6%) $239,347 (-2.5%) 0.61 265
2020-03-01 $214,900 (3.5%) $269,630 (1.6%) 0.67 232
2020-04-01 $213,450 (-1.9%) $271,845 (-3.9%) 0.66 233
2020-05-01 $248,900 (15.8%) $301,202 (8.4%) 0.75 222
2020-06-01 $267,650 (27.5%) $311,659 (13.8%) 0.78 207
2020-07-01 $259,900 (23.8%) $318,365 (17.1%) 0.74 194
2020-08-01 $244,900 (23.8%) $320,897 (27.4%) 0.70 198
2020-09-01 $224,900 (16.9%) $312,413 (29.6%) 0.64 187
2020-10-01 $219,900 (14.3%) $315,158 (28.8%) 0.63 201
2020-11-01 $201,950 (9.2%) $295,299 (24.6%) 0.58 182
2020-12-01 $198,900 (12.9%) $299,404 (31.4%) 0.58 151
2021-01-01 $179,900 (-2.9%) $301,223 (27.9%) 0.53 122
2021-02-01 $174,900 (-7.9%) $313,345 (30.9%) 0.50 85
2021-03-01 $169,900 (-20.9%) $298,439 (10.7%) 0.48 91
2021-04-01 $149,900 (-29.8%) $267,300 (-1.7%) 0.40 98
2021-05-01 $139,900 (-43.8%) $257,270 (-14.6%) 0.37 103
2021-06-01 $238,450 (-10.9%) $299,384 (-3.9%) 0.62 114
2021-07-01 $253,900 (-2.3%) $324,205 (1.8%) 0.66 116
2021-08-01 $222,450 (-9.2%) $311,374 (-3.0%) 0.58 126
2021-09-01 $232,250 (3.3%) $332,324 (6.4%) 0.61 124
2021-10-01 $219,900 (0.0%) $301,904 (-4.2%) 0.58 122
2021-11-01 $226,750 (12.3%) $299,960 (1.6%) 0.60 113
2021-12-01 $212,250 (6.7%) $284,979 (-4.8%) 0.57 110
2022-01-01 $199,900 (11.1%) $288,255 (-4.3%) 0.53 84
2022-02-01 $202,400 (15.7%) $290,631 (-7.3%) 0.52 64
2022-03-01 $213,900 (25.9%) $292,403 (-2.0%) 0.53 65
2022-04-01 $249,900 (66.7%) $333,034 (24.6%) 0.59 83
ELKHART - GOSHEN's median listing price for 2022-04-01 was $249,900, a difference of $100,000 (66.7%) versus the prior year and $36,000 versus the prior month.

ELKHART - GOSHEN's median listing price comes in at 59% of the national average.

ELKHART - GOSHEN's average listing price for 2022-04-01 was $333,034, a difference of $65,734 (24.6%) versus the prior year and $40,631 versus the prior month.

For the 2022-04-01 period, ELKHART - GOSHEN had 83 MLS listings, a difference of 18 listings (28%) versus the prior month and -15 listings (-15%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - ELKHART - GOSHEN (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 85 days 1,757 sqft
2018-02-01 96 days 1,737 sqft
2018-03-01 67 days 1,840 sqft
2018-04-01 46 days 1,875 sqft
2018-05-01 37 days 1,947 sqft
2018-06-01 36 days 2,066 sqft
2018-07-01 43 days 2,055 sqft
2018-08-01 43 days 2,025 sqft
2018-09-01 44 days 2,036 sqft
2018-10-01 54 days 1,992 sqft
2018-11-01 56 days 2,039 sqft
2018-12-01 64 days 2,056 sqft
2019-01-01 77 days 2,033 sqft
2019-02-01 73 days 2,069 sqft
2019-03-01 72 days 2,180 sqft
2019-04-01 56 days 2,310 sqft
2019-05-01 41 days 2,225 sqft
2019-06-01 37 days 2,306 sqft
2019-07-01 42 days 2,301 sqft
2019-08-01 39 days 2,169 sqft
2019-09-01 46 days 2,019 sqft
2019-10-01 50 days 1,998 sqft
2019-11-01 52 days 1,938 sqft
2019-12-01 65 days 1,820 sqft
2020-01-01 78 days 1,828 sqft
2020-02-01 70 days 1,872 sqft
2020-03-01 53 days 2,028 sqft
2020-04-01 55 days 1,987 sqft
2020-05-01 63 days 2,204 sqft
2020-06-01 43 days 2,281 sqft
2020-07-01 45 days 2,245 sqft
2020-08-01 36 days 2,210 sqft
2020-09-01 40 days 2,102 sqft
2020-10-01 35 days 2,064 sqft
2020-11-01 39 days 1,740 sqft
2020-12-01 52 days 1,762 sqft
2021-01-01 64 days 1,720 sqft
2021-02-01 58 days 1,799 sqft
2021-03-01 29 days 1,746 sqft
2021-04-01 16 days 1,600 sqft
2021-05-01 18 days 1,612 sqft
2021-06-01 17 days 2,177 sqft
2021-07-01 20 days 2,217 sqft
2021-08-01 26 days 1,874 sqft
2021-09-01 25 days 1,898 sqft
2021-10-01 29 days 1,718 sqft
2021-11-01 32 days 1,777 sqft
2021-12-01 44 days 1,657 sqft
2022-01-01 56 days 1,626 sqft
2022-02-01 44 days 1,606 sqft
2022-03-01 36 days 1,680 sqft
2022-04-01 11 days 1,943 sqft
ELKHART - GOSHEN's median listing age (time on market) for 2022-04-01 was 11 days. This is -31% shorter than the same period one year ago.

ELKHART - GOSHEN's median square footage for active listings during the 2022-04-01 period was 1,943 sqft. One year prior, the average listing was 1,600 sqft.