EVANSVILLE Mortgage Rates

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

30 Year Fixed Rate mortgages in Evansville averaged 5.37% for the week of 2022-05-12, compared to the national average of 5.3% for the same period.

The average rate for the prior week (2022-05-05) was 5.44% and one month ago for the week of 2022-04-07, the average rate was 4.69%.

Evansville's average rate one year ago was 2.93%.

For refis of the same type during the week of 2022-05-12, the average rate was 5.28%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-05-12 5.3%
Evansville 30 Year Fixed Rate 2022-05-12 5.37%
Evansville 30 Year Fixed Rate Refi 2022-05-12 5.28%
Evansville 15 Year Fixed Rate 2022-05-12 5.63%
Evansville 15 Year Fixed Rate Refi 2022-05-12 4.6%
Evansville 30 Year FHA 2022-05-12 5.5%
Evansville 30 Year FHA Refi 2022-05-12 5.45%
Evansville 30 Year USDA 2022-05-12 5.36%
Evansville 30 Year USDA Refi 2022-05-12 5.06%
Evansville 30 Year VA 2022-05-12 5.57%
Evansville 30 Year VA Refi 2022-05-12 5.03%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within EVANSVILLE, IN-KY.

EVANSVILLE 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 EVANSVILLE, IN-KY 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
EVANSVILLE TEACHERS 1,171 3.06% $2,277
MORTGAGE MASTERS OF INDIANA, INC. 619 3.00% $2,705
Heritage Federal Credit Union 316 3.20% $2,195
Old National Bank 243 3.17% $2,236
QUICKEN LOANS, LLC 230 3.18% $4,390
First Federal Savings Bank 200 3.02% $1,937
Fifth Third Bank 182 3.21% $2,704
RUOFF MORTGAGE COMPANY, INC. 162 3.10% $1,877
German American Bank 158 3.18% $2,415
HOME POINT FINANCIAL CORPORATION 83 3.00% $3,083
UNITED WHOLESALE MORTGAGE, LLC 78 3.13% $2,942
FBC MORTGAGE, LLC 76 3.22% $3,319
Bank of England 66 3.07% $3,514
INDIANA MEMBERS CREDIT UNION 62 3.02% $2,400
Independence Bank of Kentucky 60 3.34% $2,660
EVANSVILLE 44 2.88% $2,060
CALIBER HOME LOANS, INC. 44 3.30% $2,484
Wells Fargo Bank 36 3.20% $2,568
AMERISAVE MORTGAGE CORPORATION 33 3.17% $4,131
LOANDEPOT.COM, LLC 32 3.17% $4,313
GVC MORTGAGE, INC. 30 3.36% $3,487
Regions Bank 27 3.32% $2,308
JPMorgan Chase Bank 26 3.05% $1,239
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 24 3.30% $2,216
BETTER MORTGAGE CORPORATION 22 3.05% $2,803
PRIMARY RESIDENTIAL MORTGAGE, INC. 22 3.41% $3,061
Flagstar Bank, FSB 21 3.22% $2,648
NEWREZ LLC 20 3.42% $3,180
FAIR WAY LENDING LLC 20 3.61% $3,859
UNION HOME MORTGAGE CORP. 19 3.04% $2,710
BOONVILLE FEDERAL SAVINGS BANK 19 4.00% $2,877
U.S. Bank 19 3.35% $2,676
Mr. Cooper ( Nationstar Mortgage ) 18 3.39% $4,457
CRANE 18 3.46% $1,663
BROKER SOLUTIONS, INC. 16 3.32% $4,991
PENNYMAC LOAN SERVICES, LLC 16 3.58% $5,355
American Mortgage & Equity Consultants, Inc. 15 3.26% $3,061
FREEDOM MORTGAGE CORPORATION 14 3.36% $2,280
United Fidelity Bank, fsb 14 2.70% $2,644
Farm Credit Mid-America, ACA 13 3.44% $6,740
PLAZA HOME MORTGAGE, INC. 12 3.13% $3,274
LOANFLIGHT LENDING, LLC 12 3.03% $1,672
Bank of America 12 2.57% $3,416
NAVY FEDERAL CREDIT UNION 11 3.94% $2,974
Citizens Bank 9 3.17% $2,304
ROYAL UNITED MORTGAGE LLC 9 3.32% $6,669
Magnolia Bank 9 3.18% $2,885
AMERICAN FINANCING CORPORATION 9 3.07% $3,977
InterContinental Capital Group, Inc 8 3.36% $4,002
Carrington Mortgage Services, LLC 8 3.42% $4,870
Truist Bank 8 3.21% $3,337
ENDEAVOR CAPITAL, LLC. 7 3.46% $4,391
STOCKTON MORTGAGE CORPORATION 7 3.30% $3,345
First Savings Bank 7 2.84% $1,998
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 7 3.28% $3,990
Mortgage Research Center, LLC 6 2.92% $2,031
SOVEREIGN LENDING GROUP INCORPORATED 6 3.10% $6,094
The Huntington National Bank 6 2.97% $3,784
AmeriHome Mortgage Company, LLC 6 3.33% $3,344
HOMESIDE FINANCIAL, LLC 6 3.38% $4,420
ZILLOW HOME LOANS, LLC 5 3.20% $4,393
Midwest Mortgage Associates Corporation 5 3.23% $4,949
FIRST COMMUNITY MORTGAGE, INC. 5 3.28% $3,216
MOVEMENT MORTGAGE, LLC 5 2.91% $2,724
First Guaranty Mortgage Corporation 5 3.45% $4,252
MJW Financial LLC 5 2.97% $2,606
JLB CORPORATION 4 3.41% $4,164
First Financial Bank 4 3.38% $2,668
Wyndham Capital Mortgage, Inc. 4 2.72% $1,313
Nations Lending Corporation 4 3.66% $3,838
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 4 3.66% $3,425
Waterstone Mortgage Corporation 4 3.75% $3,778
STEARNS LENDING, LLC 4 3.34% $2,012
SECURITYNATIONAL MORTGAGE COMPANY 4 3.75% $3,591
FORUM Credit Union 4 3.31% $2,896
PNC Bank 4 3.06% $2,921
MUTUAL OF OMAHA MORTGAGE, INC. 3 2.75% $2,588
DAS Acquisition Company, LLC 3 3.41% $3,087
SOFI LENDING CORP. 3 2.83% $3,328
EMM LOANS LLC 3 3.17% $5,635
CHURCHILL MORTGAGE CORPORATION 3 3.42% $4,091
Ally Bank 3 2.92% $2,600
KeyBank 3 2.75% $3,071
GUARANTEED RATE, INC. 3 3.04% $2,177
TOP FLITE FINANCIAL, INC. 3 3.33% $4,295
Stifel Bank and Trust 3 2.75% $1,953
AMERICAN MORTGAGE SERVICE COMPANY 3 3.17% $2,785
BNC National Bank 3 3.50% $2,431
UNITED MORTGAGE CORP. 2 2.94% $3,336
Union Savings Bank 2 3.06% $4,135
UNIFY FINANCIAL Credit Union 2 3.39% $1,402
AMERICAN PORTFOLIO MORTGAGE CORPORATION 2 3.13% $2,474
FLAT BRANCH MORTGAGE, INC. 2 3.31% $2,977
The Federal Savings Bank 2 3.25% $3,950
Century Mortgage Company DBA Century Lending Company 2 3.31% $4,918
Charles Schwab Bank, SSB 2 1.84% $3,088
Sierra Pacific Mortgage Company, Inc. 2 3.25% $3,693
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 3.38% $4,976
PLANET HOME LENDING, LLC 2 3.06% $1,490
LAKEVIEW LOAN SERVICING, LLC 2 3.43% $4,523
Colten Mortgage, LLC 2 3.06% $3,014
LENDERFI, INC. 2 3.19% $1,175
Northpointe Bank 2 3.38% $2,421
Discover Bank 2 4.50% $0
Manufacturers and Traders Trust Company 2 3.75% $3,300
MEMBER FIRST MORTGAGE, LLC 2 3.50% $2,646
Barrington Bank & Trust Company, N.A. 2 2.93% $2,548
VANDERBILT MORTGAGE AND FINANCE, INC. 2 4.44% $4,204
Ixonia Bank 1 2.75% $1,035
Advisors Mortgage Group, L.L.C. 1 2.99% $2,126
AMERICAN FINANCE HOUSE LARIBA 1 3.17% $2,839
AMERICAN INTERNET MORTGAGE, INC. 1 3.38% $2,689
Ameris Bank 1 2.88% $1,700
Arvest Bank 1 3.38% $2,900
BEST CAPITAL FUNDING 1 2.75% $2,630
Blackhawk Bank 1 2.68% $2,930
CapStar Bank 1 3.63% $2,625
Carrollton Bank 1 2.88% $2,541
CELEBRITY HOME LOANS, LLC 1 2.88% $3,373
Central Bank Illinois 1 3.38% $1,919
Chicago Financial Services, Inc. 1 2.75% $2,337
Citibank 1 3.50% $3,119
Citizens Union Bank of Shelbyville 1 2.99% $1,674
CRESCENT MORTGAGE COMPANY 1 2.88% $3,175
CROSSCOUNTRY MORTGAGE, LLC 1 2.88% $2,081
DELMAR FINANCIAL COMPANY 1 4.50% $4,005
DIGITAL Federal Credit Union 1 3.13% $2,661
Elements Financial Federal Credit Union 1 3.13% $2,561
EMBRACE HOME LOANS, INC. 1 3.25% $4,573
Equity Prime Mortgage LLC 1 3.63% $0
First Harrison Bank 1 3.63% $2,049
First Home Bank 1 2.88% $4,622
First Internet Bank of Indiana 1 3.00% $2,648
First Merchants Bank 1 3.00% $2,191
First National Bank of America 1 9.13% $10,138
First National Bank of Omaha 1 3.63% $1,660
GENEVA FINANCIAL, LLC 1 3.63% $3,870
Goldwater Bank, N.A. 1 3.25% $4,151
Greenville Federal 1 3.00% $3,139
GSF Mortgage Corporation 1 3.25% $3,361
INTERLINC MORTGAGE SERVICES, LLC 1 3.37% $3,915
1st Source Bank 1 2.75% $2,646
Jackson County Bank 1 3.25% $2,303
KELLER MORTGAGE, LLC 1 3.50% $1,633
LEADERONE FINANCIAL CORPORATION 1 2.88% $3,029
L & N Federal Credit Union 1 4.25% $1,495
Meridian Bank Corporation 1 2.88% $2,933
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 1 2.88% $6,026
Morgan Stanley Private Bank 1 3.10% $3,044
MORTGAGE ACCESS CORP. 1 3.38% $2,189
MYCUMORTGAGE, LLC 1 3.25% $3,009
NBKC BANK 1 3.88% $932
OPEN MORTGAGE, LLC 1 2.99% $3,928
Paramount Bank 1 3.38% $4,182
PARTNERS UNITED FINANCIAL, LLC 1 3.99% $3,043
PHH Mortgage Corporation 1 2.75% $2,537
Prosperity Home Mortgage, LLC 1 3.13% $2,045
PURDUE FEDERAL CREDIT UNION 1 2.88% $2,568
RELIANCE FIRST CAPITAL, LLC 1 3.50% $5,092
Renasant Bank 1 2.99% $3,205
Servion, Inc. 1 3.13% $2,591
SOUTH CENTRAL BANK, INC. 1 3.00% $2,686
SOUTHWEST FUNDING, LP 1 3.88% $3,470
SUN WEST MORTGAGE COMPANY, INC. 1 3.88% $3,780
TEACHERS CREDIT UNION 1 3.25% $2,313
The Home Loan Expert LLC 1 3.25% $4,262
THE MORTGAGE WAREHOUSE,LLC 1 4.38% $2,532
The Paducah Bank and Trust Company 1 3.13% $3,237
Toyota Financial Savings Bank 1 3.50% $2,957
TUCKER MORTGAGE, LLC 1 3.25% $2,908
USAA Federal Savings Bank 1 3.13% $2,957
Watermark Capital, Inc. 1 2.88% $3,063
WESTERN EXPRESS LENDING 1 3.63% $3,474

EVANSVILLE, IN-KY's 173 lenders originated 14,056 loans during 2021. The total origination value was $2,378,720,000, with an average loan value of $169,232.

The top EVANSVILLE lender as defined by loan originations is EVANSVILLE TEACHERS, with 1,171 loans originated. Their average total fees are $2,277, which is $429 lower than the next largest lender, MORTGAGE MASTERS OF INDIANA, INC..

The lowest fee EVANSVILLE lenders (with over 10 loans originated) are JPMorgan Chase Bank ($1,239), CRANE ($1,663), LOANFLIGHT LENDING, LLC ($1,672), RUOFF MORTGAGE COMPANY, INC. ($1,877) and First Federal Savings Bank ($1,937).

The lowest rate EVANSVILLE lenders (with over 10 loans originated) are Bank of America (2.57%), United Fidelity Bank, fsb (2.70%), EVANSVILLE (2.88%), MORTGAGE MASTERS OF INDIANA, INC. (3.00%) and HOME POINT FINANCIAL CORPORATION (3.00%).

EVANSVILLE, IN-KY 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
EVANSVILLE TEACHERS $591,955,000 $484,190,000 -18.2% 20.4%
MORTGAGE MASTERS OF INDIANA, INC. $238,245,000 $225,035,000 -5.5% 9.5%
Old National Bank $144,850,000 $146,930,000 1.4% 6.2%
Heritage Federal Credit Union $204,180,000 $116,430,000 -43.0% 4.9%
QUICKEN LOANS, LLC $84,935,000 $113,820,000 34.0% 4.8%
Fifth Third Bank $86,520,000 $105,120,000 21.5% 4.4%
German American Bank $95,165,000 $89,155,000 -6.3% 3.7%
First Federal Savings Bank $105,000 $78,045,000 74,228.6% 3.3%
FREEDOM MORTGAGE CORPORATION $74,365,000 $70,020,000 -5.8% 2.9%
RUOFF MORTGAGE COMPANY, INC. $51,110,000 $60,805,000 19.0% 2.6%
LNB COMMUNITY BANK $53,135,000 $41,750,000 -21.4% 1.8%
FIELD & MAIN BANK, INC. $48,390,000 $39,005,000 -19.4% 1.6%
FBC MORTGAGE, LLC $32,675,000 $34,790,000 6.5% 1.5%
HOME POINT FINANCIAL CORPORATION $8,600,000 $34,120,000 296.7% 1.4%
Merchants Bank of Indiana $20,860,000 $33,520,000 60.7% 1.4%
Independence Bank of Kentucky $31,295,000 $32,835,000 4.9% 1.4%
INDIANA MEMBERS CREDIT UNION $26,445,000 $29,725,000 12.4% 1.2%
UNITED WHOLESALE MORTGAGE, LLC $14,275,000 $29,205,000 104.6% 1.2%
Bank of England $16,060,000 $26,775,000 66.7% 1.1%
Mortgage Research Center, LLC $17,725,000 $24,595,000 38.8% 1.0%
CALIBER HOME LOANS, INC. $28,830,000 $23,375,000 -18.9% 1.0%
The First National Bank of Carmi $26,945,000 $18,225,000 -32.4% 0.8%
LOANDEPOT.COM, LLC $8,590,000 $16,145,000 88.0% 0.7%
Banterra Bank $24,795,000 $14,465,000 -41.7% 0.6%
Wells Fargo Bank $6,015,000 $14,140,000 135.1% 0.6%
GVC MORTGAGE, INC. $8,085,000 $14,080,000 74.1% 0.6%
PENNYMAC LOAN SERVICES, LLC $6,200,000 $13,500,000 117.7% 0.6%
EVANSVILLE $26,780,000 $13,040,000 -51.3% 0.5%
CRANE $1,855,000 $12,265,000 561.2% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $14,315,000 $12,110,000 -15.4% 0.5%
CBRE MULTIFAMILY CAPITAL, INC. $11,665,000 n/a 0.5%
AMERISAVE MORTGAGE CORPORATION $5,860,000 $11,495,000 96.2% 0.5%
ORIX REAL ESTATE CAPITAL, LLC $11,255,000 n/a 0.5%
DIAMOND VALLEY $10,910,000 $11,075,000 1.5% 0.5%
Stock Yards Bank & Trust Company $105,000 $9,760,000 9,195.2% 0.4%
JPMorgan Chase Bank $6,110,000 $9,620,000 57.4% 0.4%
BETTER MORTGAGE CORPORATION $2,295,000 $9,020,000 293.0% 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $6,760,000 $9,015,000 33.4% 0.4%
Regions Bank $12,990,000 $8,955,000 -31.1% 0.4%
Farm Credit Mid-America, ACA $7,250,000 $8,950,000 23.4% 0.4%
NEWREZ LLC $4,025,000 $8,670,000 115.4% 0.4%
Bank of America $5,605,000 $8,345,000 48.9% 0.4%
LAKEVIEW LOAN SERVICING, LLC $4,450,000 $7,255,000 63.0% 0.3%
PLAZA HOME MORTGAGE, INC. $9,230,000 $7,225,000 -21.7% 0.3%
FAIR WAY LENDING LLC $7,890,000 $7,210,000 -8.6% 0.3%
PRUDENTIAL MULTIFAMILY MORTGAGE, LLC $7,015,000 n/a 0.3%
Carrington Mortgage Services, LLC $6,940,000 $6,890,000 -0.7% 0.3%
U.S. Bank $8,400,000 $6,810,000 -18.9% 0.3%
NAVY FEDERAL CREDIT UNION $3,075,000 $6,480,000 110.7% 0.3%
M&T Realty Capital Corporation $6,075,000 n/a 0.3%
Flagstar Bank, FSB $5,330,000 $5,965,000 11.9% 0.3%
BOONVILLE FEDERAL SAVINGS BANK $5,445,000 $5,700,000 4.7% 0.2%
BROKER SOLUTIONS, INC. $1,515,000 $5,575,000 268.0% 0.2%
Legence Bank $14,380,000 $5,355,000 -62.8% 0.2%
UNION HOME MORTGAGE CORP. $5,720,000 $5,305,000 -7.3% 0.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $6,895,000 $5,270,000 -23.6% 0.2%
United Fidelity Bank, fsb $14,395,000 $4,690,000 -67.4% 0.2%
AmeriHome Mortgage Company, LLC $4,580,000 $4,650,000 1.5% 0.2%
USAA Federal Savings Bank $4,165,000 $4,550,000 9.2% 0.2%
NEW DAY FINANCIAL, LLC $3,310,000 $4,265,000 28.9% 0.2%
American Mortgage & Equity Consultants, Inc. $4,205,000 n/a 0.2%
LOANFLIGHT LENDING, LLC $4,500,000 $4,150,000 -7.8% 0.2%
Magnolia Bank $2,445,000 $4,145,000 69.5% 0.2%
Equity Prime Mortgage LLC $4,080,000 n/a 0.2%
SOUTH CENTRAL BANK, INC. $425,000 $4,020,000 845.9% 0.2%
TOP FLITE FINANCIAL, INC. $3,580,000 $3,845,000 7.4% 0.2%
Brighton Bank $1,620,000 $3,400,000 109.9% 0.1%
Farmers Bank and Trust Company $7,260,000 $3,325,000 -54.2% 0.1%
ROYAL UNITED MORTGAGE LLC $2,750,000 $3,220,000 17.1% 0.1%
AMERICAN MORTGAGE SERVICE COMPANY $2,110,000 $2,900,000 37.4% 0.1%
The Huntington National Bank $3,050,000 $2,900,000 -4.9% 0.1%
InterContinental Capital Group, Inc $2,065,000 $2,705,000 31.0% 0.1%
21ST MORTGAGE CORPORATION $2,620,000 $2,680,000 2.3% 0.1%
PLANET HOME LENDING, LLC $1,575,000 $2,620,000 66.3% 0.1%
VILLAGE CAPITAL & INVESTMENT LLC $2,125,000 $2,600,000 22.4% 0.1%
Citizens Bank $2,515,000 $2,525,000 0.4% 0.1%
CHURCHILL MORTGAGE CORPORATION $805,000 $2,505,000 211.2% 0.1%
Limestone Bank, Inc. $2,480,000 n/a 0.1%
STOCKTON MORTGAGE CORPORATION $1,295,000 $2,405,000 85.7% 0.1%
AMERICAN FINANCING CORPORATION $1,525,000 $2,400,000 57.4% 0.1%
Wyndham Capital Mortgage, Inc. $1,720,000 $2,360,000 37.2% 0.1%
HOMESIDE FINANCIAL, LLC $300,000 $2,270,000 656.7% 0.1%
MOVEMENT MORTGAGE, LLC $610,000 $2,245,000 268.0% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $3,805,000 $2,200,000 -42.2% 0.1%
First Financial Bank $600,000 $2,160,000 260.0% 0.1%
PNC Bank $585,000 $2,070,000 253.8% 0.1%
GUARANTEED RATE, INC. $680,000 $2,045,000 200.7% 0.1%
ENDEAVOR CAPITAL, LLC. $475,000 $1,995,000 320.0% 0.1%
First Guaranty Mortgage Corporation $2,595,000 $1,995,000 -23.1% 0.1%
Midwest Mortgage Associates Corporation $1,950,000 n/a 0.1%
Truist Bank $2,295,000 $1,935,000 -15.7% 0.1%
SOVEREIGN LENDING GROUP INCORPORATED $895,000 $1,925,000 115.1% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $3,070,000 $1,910,000 -37.8% 0.1%
Barrington Bank & Trust Company, N.A. $2,260,000 $1,890,000 -16.4% 0.1%
The Federal Savings Bank $1,920,000 $1,850,000 -3.6% 0.1%
SOFI LENDING CORP. $550,000 $1,825,000 231.8% 0.1%
THRIVENT Federal Credit Union $165,000 $1,805,000 993.9% 0.1%
CLEARPATH LENDING $2,920,000 $1,710,000 -41.4% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $1,120,000 $1,690,000 50.9% 0.1%
The Paducah Bank and Trust Company $7,205,000 $1,660,000 -77.0% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $880,000 $1,605,000 82.4% 0.1%
Ally Bank $1,065,000 $1,585,000 48.8% 0.1%
First Savings Bank $7,860,000 $1,535,000 -80.5% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $3,275,000 $1,510,000 -53.9% 0.1%
Low VA Rates, LLC $1,520,000 $1,500,000 -1.3% 0.1%
KS StateBank $1,380,000 n/a 0.1%
STEARNS LENDING, LLC $2,750,000 $1,335,000 -51.5% 0.1%
Renasant Bank $225,000 $1,275,000 466.7% 0.1%
Century Mortgage Company DBA Century Lending Company $1,205,000 n/a 0.1%
PHH Mortgage Corporation $580,000 $1,180,000 103.4% 0.0%
Colten Mortgage, LLC $290,000 $1,175,000 305.2% 0.0%
ZILLOW HOME LOANS, LLC $1,175,000 n/a 0.0%
CROSSCOUNTRY MORTGAGE, LLC $1,750,000 $1,150,000 -34.3% 0.0%
Northpointe Bank $1,205,000 $1,125,000 -6.6% 0.0%
First Southern National Bank $35,000 $1,065,000 2,942.9% 0.0%
MJW Financial LLC $1,055,000 n/a 0.0%
Park Lane Finance Solutions, LLC $645,000 $1,025,000 58.9% 0.0%
Nations Lending Corporation $1,010,000 $990,000 -2.0% 0.0%
AMERICAN FINANCIAL NETWORK, INC. $1,220,000 $975,000 -20.1% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $505,000 $955,000 89.1% 0.0%
DAS Acquisition Company, LLC $320,000 $955,000 198.4% 0.0%
Sierra Pacific Mortgage Company, Inc. $1,270,000 $915,000 -28.0% 0.0%
KeyBank $240,000 $905,000 277.1% 0.0%
Stifel Bank and Trust $115,000 $900,000 682.6% 0.0%
OCEANSIDE MORTGAGE COMPANY $355,000 $880,000 147.9% 0.0%
1ST SIGNATURE LENDING, LLC $370,000 $865,000 133.8% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $465,000 $845,000 81.7% 0.0%
UNIFY FINANCIAL Credit Union $640,000 $835,000 30.5% 0.0%
RiverHills Bank $655,000 $825,000 26.0% 0.0%
BNC National Bank $175,000 $820,000 368.6% 0.0%
EMBRACE HOME LOANS, INC. $125,000 $785,000 528.0% 0.0%
RELIANCE FIRST CAPITAL, LLC $515,000 $770,000 49.5% 0.0%
FIRST COMMUNITY MORTGAGE, INC. $755,000 n/a 0.0%
ACCELERATE MORTGAGE, LLC $745,000 n/a 0.0%
CELEBRITY HOME LOANS, LLC $730,000 n/a 0.0%
CHERRY CREEK MORTGAGE, LLC $445,000 $725,000 62.9% 0.0%
Charles Schwab Bank, SSB $720,000 n/a 0.0%
Servion, Inc. $1,295,000 $705,000 -45.6% 0.0%
FLAT BRANCH MORTGAGE, INC. $695,000 n/a 0.0%
Blackhawk Bank $690,000 n/a 0.0%
Paramount Bank $685,000 n/a 0.0%
Union Savings Bank $835,000 $675,000 -19.2% 0.0%
AMERICAN ADVISORS GROUP $280,000 $670,000 139.3% 0.0%
First Federal Bank $650,000 $645,000 -0.8% 0.0%
MYCUMORTGAGE, LLC $560,000 $625,000 11.6% 0.0%
Hancock Bank & Trust Company $1,075,000 $620,000 -42.3% 0.0%
FORUM Credit Union $135,000 $615,000 355.6% 0.0%
JLB CORPORATION $105,000 $615,000 485.7% 0.0%
Greenville Federal $590,000 n/a 0.0%
Toyota Financial Savings Bank $585,000 n/a 0.0%
NETWORK CAPITAL FUNDING CORPORATION $580,000 n/a 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $580,000 n/a 0.0%
HOMESTEAD FUNDING CORP. $570,000 n/a 0.0%
GSF Mortgage Corporation $155,000 $550,000 254.8% 0.0%
Paramount Residential Mortgage Group, Inc. $545,000 $550,000 0.9% 0.0%
AMERICAN FINANCE HOUSE LARIBA $545,000 n/a 0.0%
First Home Bank $545,000 n/a 0.0%
GUIDANCE RESIDENTIAL, LLC $580,000 $545,000 -6.0% 0.0%
Mid-Continent Funding, Inc. $1,150,000 $545,000 -52.6% 0.0%
Morgan Stanley Private Bank $545,000 n/a 0.0%
Planters Bank, Inc. $25,000 $545,000 2,080.0% 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $535,000 n/a 0.0%
Manufacturers and Traders Trust Company $565,000 $530,000 -6.2% 0.0%
OPEN MORTGAGE, LLC $585,000 $530,000 -9.4% 0.0%
INTERLINC MORTGAGE SERVICES, LLC $500,000 n/a 0.0%
LIMA ONE CAPITAL, LLC $460,000 $500,000 8.7% 0.0%
NBKC BANK $840,000 $490,000 -41.7% 0.0%
Ixonia Bank $485,000 n/a 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $95,000 $480,000 405.3% 0.0%
Figure Lending LLC $120,000 $465,000 287.5% 0.0%
EMM LOANS LLC $155,000 $455,000 193.5% 0.0%
Terre Haute Savings Bank $445,000 n/a 0.0%
Discover Bank $365,000 $435,000 19.2% 0.0%
Elements Financial Federal Credit Union $425,000 $420,000 -1.2% 0.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,160,000 $420,000 -63.8% 0.0%
Arvest Bank $25,000 $410,000 1,540.0% 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $405,000 n/a 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $405,000 n/a 0.0%
FINANCE OF AMERICA MORTGAGE LLC $385,000 n/a 0.0%
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $385,000 n/a 0.0%
PURDUE FEDERAL CREDIT UNION $165,000 $385,000 133.3% 0.0%
LENDERFI, INC. $380,000 n/a 0.0%
GUARANTEED RATE AFFINITY, LLC $880,000 $375,000 -57.4% 0.0%
North American Savings Bank, F.S.B. $1,715,000 $370,000 -78.4% 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $320,000 $365,000 14.1% 0.0%
UNITED MORTGAGE CORP. $360,000 n/a 0.0%
LENDUS, LLC $345,000 n/a 0.0%
Bank of Whittier $335,000 n/a 0.0%
GENEVA FINANCIAL, LLC $330,000 n/a 0.0%
Hometown Lenders, Inc. $405,000 $330,000 -18.5% 0.0%
LEADERONE FINANCIAL CORPORATION $4,020,000 $330,000 -91.8% 0.0%
MEMBER FIRST MORTGAGE, LLC $75,000 $330,000 340.0% 0.0%
Chicago Financial Services, Inc. $325,000 n/a 0.0%
TCF National Bank $2,140,000 $315,000 -85.3% 0.0%
Farmers Bank & Trust $305,000 n/a 0.0%
PENTAGON FEDERAL CREDIT UNION $275,000 $305,000 10.9% 0.0%
The Peoples State Bank $305,000 n/a 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $295,000 n/a 0.0%
Waterstone Mortgage Corporation $235,000 $290,000 23.4% 0.0%
Farmers State Bank of Alto Pass $1,015,000 $285,000 -71.9% 0.0%
CapStar Bank $280,000 n/a 0.0%
ACOPIA, LLC $275,000 n/a 0.0%
GUILD MORTGAGE COMPANY $275,000 n/a 0.0%
TUCKER MORTGAGE, LLC $275,000 n/a 0.0%
American Bank & Trust $265,000 n/a 0.0%
CANOPY MORTGAGE, LLC $265,000 n/a 0.0%
First Federal Bank of the Midwest $265,000 n/a 0.0%
PANORAMA MORTGAGE GROUP, LLC $265,000 n/a 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $255,000 n/a 0.0%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $250,000 n/a 0.0%
LOANPAL, LLC $155,000 $250,000 61.3% 0.0%
Advisors Mortgage Group, L.L.C. $245,000 n/a 0.0%
Oakstar Bank $245,000 n/a 0.0%
Axos Bank $240,000 n/a 0.0%
First Merchants Bank $175,000 $240,000 37.1% 0.0%
WesBanco Bank, Inc. $105,000 $240,000 128.6% 0.0%
Colonial Savings, F.A. $165,000 $235,000 42.4% 0.0%
First National Bank of America $235,000 n/a 0.0%
F&M Bank $235,000 n/a 0.0%
NP, Inc. $275,000 $235,000 -14.5% 0.0%
Strong Home Mortgage, LLC $235,000 n/a 0.0%
FINANCE OF AMERICA COMMERCIAL LLC $230,000 n/a 0.0%
Community First Bank of Indiana $225,000 n/a 0.0%
GUARANTY HOME MORTGAGE CORPORATION $765,000 $225,000 -70.6% 0.0%
Independent Bank $225,000 n/a 0.0%
Legends Bank $295,000 $225,000 -23.7% 0.0%
TIAA, FSB $1,270,000 $225,000 -82.3% 0.0%
BEST CAPITAL FUNDING $310,000 $215,000 -30.6% 0.0%
SUCCESS MORTGAGE PARTNERS, INC. $215,000 n/a 0.0%
EMERY FEDERAL CREDIT UNION $205,000 n/a 0.0%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $185,000 $205,000 10.8% 0.0%
Meridian Bank Corporation $205,000 n/a 0.0%
Watermark Capital, Inc. $135,000 $205,000 51.9% 0.0%
Citizens Union Bank of Shelbyville $85,000 $195,000 129.4% 0.0%
HALLMARK HOME MORTGAGE, LLC $685,000 $195,000 -71.5% 0.0%
The Home Loan Expert LLC $195,000 n/a 0.0%
Citibank $515,000 $190,000 -63.1% 0.0%
SPRING EQ, LLC $400,000 $190,000 -52.5% 0.0%
ALLIANT $185,000 n/a 0.0%
Citizens Community Bank $215,000 $185,000 -14.0% 0.0%
L & N Federal Credit Union $115,000 $185,000 60.9% 0.0%
Peoples National Bank , N.A. $515,000 $185,000 -64.1% 0.0%
Prosperity Home Mortgage, LLC $185,000 n/a 0.0%
United Fidelity Funding Corp. $255,000 $185,000 -27.5% 0.0%
WESTERN EXPRESS LENDING $185,000 n/a 0.0%
CMG MORTGAGE, INC. $145,000 $175,000 20.7% 0.0%
ENVOY MORTGAGE, LTD $175,000 n/a 0.0%
FIRST STATE MORTGAGE SERVICES, LLC $175,000 n/a 0.0%
MIDLAND MORTGAGE CORPORATION $175,000 n/a 0.0%
MMS MORTGAGE SERVICES, LTD. $175,000 n/a 0.0%
UNITED SECURITY FINANCIAL CORP $175,000 $175,000 0.0% 0.0%
1st Source Bank $175,000 $165,000 -5.7% 0.0%
Jackson County Bank $165,000 n/a 0.0%
Liberty Savings Bank, F.S.B. $165,000 n/a 0.0%
MID AMERICA MORTGAGE, INC. $455,000 $165,000 -63.7% 0.0%
MORTGAGE ACCESS CORP. $580,000 $155,000 -73.3% 0.0%
SOUTHWEST STAGE FUNDING, LLC $465,000 $155,000 -66.7% 0.0%
Ameris Bank $145,000 n/a 0.0%
First Option Mortgage, LLC $115,000 $145,000 26.1% 0.0%
PARTNERS UNITED FINANCIAL, LLC $95,000 $145,000 52.6% 0.0%
SOUTHWEST FUNDING, LP $105,000 $145,000 38.1% 0.0%
Transportation Federal Credit Union $145,000 n/a 0.0%
TrustBank $340,000 $145,000 -57.4% 0.0%
Bethpage Federal Credit Union $125,000 n/a 0.0%
Carrollton Bank $125,000 n/a 0.0%
Centier Bank $15,000 $125,000 733.3% 0.0%
Commercial Bank & Trust Co. $125,000 n/a 0.0%
First State Bank of St. Charles, Missouri $125,000 n/a 0.0%
Gateway First Bank $300,000 $125,000 -58.3% 0.0%
POLARIS HOME FUNDING CORP. $125,000 $125,000 0.0% 0.0%
THE MORTGAGE WAREHOUSE,LLC $125,000 n/a 0.0%
American Bank & Trust Company, Inc. $95,000 $115,000 21.1% 0.0%
Baxter Credit Union $685,000 $105,000 -84.7% 0.0%
DIGITAL Federal Credit Union $195,000 $105,000 -46.2% 0.0%
Bath State Bank $95,000 n/a 0.0%
DELMAR FINANCIAL COMPANY $95,000 n/a 0.0%
FirstBank $1,290,000 $95,000 -92.6% 0.0%
Central Bank Illinois $85,000 n/a 0.0%
CIVIC FINANCIAL SERVICES, LLC $85,000 n/a 0.0%
First Internet Bank of Indiana $85,000 n/a 0.0%
INB $85,000 n/a 0.0%
KELLER MORTGAGE, LLC $380,000 $85,000 -77.6% 0.0%
National Bank of St. Anne $75,000 n/a 0.0%
The Garrett State Bank $75,000 n/a 0.0%
First Bank Richmond $70,000 n/a 0.0%
ALABAMA CREDIT UNION $65,000 n/a 0.0%
AMERIFIRST FINANCIAL CORPORATION $850,000 $65,000 -92.4% 0.0%
First Harrison Bank $65,000 n/a 0.0%
First Midwest Bank $435,000 $65,000 -85.1% 0.0%
Goldwater Bank, N.A. $65,000 n/a 0.0%
Think Mutual Bank $65,000 n/a 0.0%
CRESCENT MORTGAGE COMPANY $190,000 $55,000 -71.1% 0.0%
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION $55,000 n/a 0.0%
First National Bank of Omaha $55,000 n/a 0.0%
TEACHERS CREDIT UNION $50,000 $55,000 10.0% 0.0%
TRIAD FINANCIAL SERVICES, INC. $95,000 $50,000 -47.4% 0.0%
QUORUM FEDERAL CREDIT UNION $45,000 n/a 0.0%
Santander Bank, N.A. $45,000 n/a 0.0%
UNIVERSITY OF KENTUCKY $45,000 n/a 0.0%
COMMONWEALTH $95,000 $40,000 -57.9% 0.0%
Three Rivers Federal Credit Union $135,000 $15,000 -88.9% 0.0%

EVANSVILLE's top lender by overall market share is EVANSVILLE TEACHERS, with 20.4% market share. In second place, with 9.5%, is MORTGAGE MASTERS OF INDIANA, INC., having originated $225,035,000 in loans. In third place, with 6.2%, is Old National Bank, having originated $146,930,000 in loans. In third place, with 4.9%, is Heritage Federal Credit Union, having originated $116,430,000 in loans. In third place, with 4.8%, is QUICKEN LOANS, LLC, having originated $113,820,000 in loans.


EVANSVILLE, IN-KY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 5,275 $1,070,605,000 $202,958
Refi 5,145 $832,075,000 $161,725
Cash Out Refi 2,649 $382,175,000 $144,271
Home Improvement 596 $56,350,000 $94,547
Other 388 $32,480,000 $83,711
NA 3 $5,035,000 $1,678,333

Evansville's most frequently cited loan purpose was Home Purchase, with 5,275 originations. The 2nd most popular reason was Refi, with 5,145 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 5,204 $893,320,000 $171,660
3-4% 4,734 $839,050,000 $177,239
<2.5% 2,364 $416,130,000 $176,028
4-5% 566 $61,520,000 $108,693
5-6% 193 $10,005,000 $51,839
Over 8% 81 $4,775,000 $58,951
6-7% 36 $2,320,000 $64,444
7-8% 24 $1,320,000 $55,000

During 2021, Evansville's most frequently originated rate bucket was 2.5-3%, with 5,204 originations.

Loan Sizing (EVANSVILLE, IN-KY MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 6,261 $902,015,000 $144,069
$100,000 or less 4,089 $256,305,000 $62,682
$200k-400k 3,199 $840,695,000 $262,799
$400k-600k 376 $177,860,000 $473,032
$600k-1000k 90 $65,980,000 $733,111
$Over $1MM 41 $135,865,000 $3,313,780

EVANSVILLE's loan sizing saw the bucket of loans from $100k-200k with 6,261 originations, totaling $902,015,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 4,822 $939,100,000 $194,753
60-80% 4,045 $774,345,000 $191,433
40-60% 1,828 $264,230,000 $144,546
20-40% 1,094 $91,160,000 $83,327
Under 20% 806 $35,220,000 $43,697
Over 100% 122 $43,690,000 $358,115

EVANSVILLE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 4,822 originations, totaling $939,100,000 in origination value.