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.).
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.
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.
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.
