EVANSVILLE Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Evansville averaged 7% for the week of 2023-11-30, compared to the national average of 7.22% for the same period.

The average rate for the prior week (2023-11-22) was 6.87% and one month ago for the week of 2023-10-26, the average rate was 7.37%.

Evansville's average rate one year ago was 6.36%.

For refis of the same type during the week of 2023-11-30, the average rate was 6.79%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-11-30 7.22%
Evansville 30 Year Fixed Rate 2023-11-30 7%
Evansville 30 Year Fixed Rate Refi 2023-11-30 6.79%
Evansville 15 Year Fixed Rate 2023-11-30 6.87%
Evansville 15 Year Fixed Rate Refi 2023-11-30 5.7%
Evansville 30 Year FHA 2023-11-30 6.52%
Evansville 30 Year FHA Refi 2023-11-30 7.05%
Evansville 30 Year USDA 2023-11-30 6.34%
Evansville 30 Year USDA Refi 2023-11-30 7%
Evansville 30 Year VA 2023-11-30 6.32%
Evansville 30 Year VA Refi 2023-11-30 6.77%
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 lender, 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
EVANSVILLE TEACHERS 736 4.87% $2,733
MORTGAGE MASTERS OF INDIANA, INC. 373 5.17% $3,257
Heritage Federal Credit Union 211 5.14% $2,695
Old National Bank 165 4.87% $2,473
Fifth Third Bank 155 4.90% $3,074
First Federal Savings Bank 155 5.17% $2,228
QUICKEN LOANS, LLC 115 5.06% $5,612
German American Bank 92 5.05% $2,760
Bank of England 71 5.25% $3,793
UNITED WHOLESALE MORTGAGE, LLC 59 5.37% $4,660
RUOFF MORTGAGE COMPANY, INC. 49 5.35% $2,641
FBC MORTGAGE, LLC 49 4.90% $4,369
INDIANA MEMBERS CREDIT UNION 40 4.74% $2,784
CALIBER HOME LOANS, INC. 29 5.14% $3,674
Independence Bank of Kentucky 29 4.54% $2,545
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 25 5.72% $2,967
FREEDOM MORTGAGE CORPORATION 24 4.72% $4,144
Wells Fargo Bank 23 5.18% $3,095
HOME POINT FINANCIAL CORPORATION 22 5.13% $3,436
LOANDEPOT.COM, LLC 22 4.77% $5,174
CRANE 19 4.28% $1,642
Flagstar Bank, FSB 19 4.48% $3,747
Banterra Bank 19 5.02% $2,378
EVANSVILLE 17 4.60% $2,042
UNION HOME MORTGAGE CORP. 15 4.51% $3,399
JPMorgan Chase Bank 15 4.88% $2,838
Regions Bank 13 5.39% $2,816
BOONVILLE FEDERAL SAVINGS BANK 12 4.73% $2,675
Mr. Cooper ( Nationstar Mortgage ) 11 5.49% $6,783
PLAZA HOME MORTGAGE, INC. 11 4.99% $4,416
ROYAL UNITED MORTGAGE LLC 11 5.59% $5,645
GVC MORTGAGE, INC. 10 4.89% $4,942
Northpointe Bank 10 5.45% $3,854
LAKEVIEW LOAN SERVICING, LLC 10 5.55% $5,700
U.S. Bank 9 5.05% $3,126
FAIR WAY LENDING LLC 9 5.44% $6,514
AMERISAVE MORTGAGE CORPORATION 9 4.41% $7,668
NEWREZ LLC 9 5.38% $4,900
MOVEMENT MORTGAGE, LLC 8 6.16% $5,875
Waterstone Mortgage Corporation 8 5.17% $3,377
United Fidelity Bank, fsb 7 3.41% $2,590
NAVY FEDERAL CREDIT UNION 7 5.18% $2,578
The Huntington National Bank 6 4.58% $4,715
PENNYMAC LOAN SERVICES, LLC 6 4.94% $4,564
BETTER MORTGAGE CORPORATION 6 4.90% $3,539
American Mortgage & Equity Consultants, Inc. 6 4.60% $3,582
CROSSCOUNTRY MORTGAGE, LLC 6 5.77% $4,501
BROKER SOLUTIONS, INC. 5 4.97% $5,746
FIRST COMMUNITY MORTGAGE, INC. 5 5.95% $4,399
CHURCHILL MORTGAGE CORPORATION 5 5.10% $3,890
CRESCENT MORTGAGE COMPANY 5 5.57% $3,549
MUTUAL OF OMAHA MORTGAGE, INC. 5 4.80% $5,319
Bank of America 5 3.98% $3,712
Truist 4 4.56% $3,255
RELIANCE FIRST CAPITAL, LLC 4 4.06% $6,525
EVERETT FINANCIAL, INC. 4 5.40% $2,044
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 4 4.69% $3,612
Carrington Mortgage Services, LLC 4 4.41% $7,324
PLANET HOME LENDING, LLC 4 4.69% $4,535
Magnolia Bank 4 4.16% $2,526
Union Savings Bank 4 3.69% $1,771
Citizens Bank 3 5.21% $5,758
KeyBank 3 3.33% $3,651
AmRes Corporation 3 5.71% $5,151
AMERICAN FINANCING CORPORATION 3 4.50% $6,699
Ally Bank 3 3.88% $2,382
M&T Bank 3 4.96% $3,869
DAS Acquisition Company, LLC 3 5.75% $4,282
First Financial Bank 3 4.92% $2,909
UNIFY FINANCIAL Credit Union 3 3.67% $1,679
Third Federal Savings and Loan Association of Cleveland 2 3.79% $1,603
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 5.24% $8,391
CARDINAL FINANCIAL 2 3.63% $7,478
Discover Bank 2 5.37% $0
ENDEAVOR CAPITAL, LLC. 2 4.49% $4,346
Equity Prime Mortgage LLC 2 3.88% $1,928
EUSTIS AND AMERICAN MORTGAGE COMPANY 2 4.88% $3,009
Farm Credit Mid-America, ACA 2 6.63% $5,460
FirstBank 2 6.19% $2,636
First Savings Bank 2 3.56% $3,864
FORUM Credit Union 2 4.13% $2,349
HALLMARK HOME MORTGAGE, LLC 2 3.94% $2,496
HOMESIDE FINANCIAL, LLC 2 5.43% $7,865
INDIANA UNIVERSITY CREDIT UNION 2 4.88% $1,893
KELLER MORTGAGE, LLC 2 5.06% $3,514
LOANFLIGHT LENDING, LLC 2 4.44% $2,020
MJW Financial LLC 2 5.31% $4,708
Morgan Stanley Private Bank 2 4.80% $3,009
PENTAGON FEDERAL CREDIT UNION 2 4.94% $3,612
PNC Bank 2 4.31% $2,581
Prosperity Home Mortgage, LLC 2 6.56% $3,891
Servion, Inc. 2 6.00% $3,176
TOWER 2 3.50% $2,977
Toyota Financial Savings Bank 2 3.38% $4,150
VANDERBILT MORTGAGE AND FINANCE, INC. 2 6.62% $6,476
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.50% $6,782
GUILD MORTGAGE COMPANY 1 4.50% $4,585
GUARANTEED RATE, INC. 1 3.25% $5,300
GSF Mortgage Corporation 1 4.88% $5,013
MYCUMORTGAGE, LLC 1 5.63% $4,486
Nations Lending Corporation 1 2.88% $6,158
First Horizon Bank 1 6.50% $6,307
NBKC BANK 1 6.88% $2,195
First Guaranty Mortgage Corporation 1 3.63% $2,055
First Bank Richmond 1 4.50% $2,682
Northwest Bank 1 5.75% $3,168
Oakstar Bank 1 4.00% $2,895
FINANCE OF AMERICA MORTGAGE LLC 1 6.63% $3,105
Elements Financial Federal Credit Union 1 5.00% $2,917
Zions Bank 1 6.00% $2,264
Peoples National Bank , N.A. 1 6.00% $2,355
PHH Mortgage Corporation 1 3.50% $4,505
DIRECT MORTGAGE, CORP. 1 4.88% $6,456
DIGITAL Federal Credit Union 1 4.63% $2,250
Warsaw Federal Savings and Loan Association 1 6.30% $5,672
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.13% $3,702
Watermark Capital, Inc. 1 4.25% $2,797
PURDUE FEDERAL CREDIT UNION 1 2.50% $3,319
Deere Employees Credit Union 1 4.38% $2,562
Citibank 1 5.50% $3,183
CHERRY CREEK MORTGAGE, LLC 1 6.38% $620
Republic Bank & Trust Company 1 4.88% $3,995
Charles Schwab Bank, SSB 1 3.75% $2,775
Century Mortgage Company DBA Century Lending Company 1 5.75% $2,774
AMCAP MORTGAGE, LTD. 1 5.75% $4,037
Stifel Bank and Trust 1 3.88% $1,901
STOCKTON MORTGAGE CORPORATION 1 5.00% $4,368
The Cecilian Bank 1 4.74% $3,436
The Central Trust Bank 1 6.50% $1,444
Carrollton Bank 1 5.50% $4,065
The Monticello Banking Company 1 4.00% $1,783
The Riddell National Bank 1 4.25% $3,110
21ST MORTGAGE CORPORATION 1 6.00% $4,614
THRIVE MORTGAGE, LLC 1 3.75% $1,744
TOP FLITE FINANCIAL, INC. 1 4.88% $21,458
Advisors Mortgage Group, L.L.C. 1 4.50% $2,282
WINGS FINANCIAL 1 5.25% $2,731
BOKF 1 6.13% $6,178
BEST CAPITAL FUNDING 1 2.88% $2,086
Barrington Bank & Trust Company, N.A. 1 6.38% $2,845
Bank Iowa 1 6.50% $2,597
ASSEMBLIES OF GOD Credit Union 1 4.75% $1,975
Arvest Bank 1 5.50% $2,225
Merchants Bank of Indiana 1 3.50% $2,587
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 1 5.25% $2,929
MILESTONE HOME LENDING, LLC 1 6.99% $2,357
USAA Federal Savings Bank 1 7.50% $3,483
AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.13% $5,487
Morgantown Bank & Trust Company, Incorporated 1 4.20% $2,363
MORTGAGE ACCESS CORP. 1 6.99% $2,610
Loan Simple, Inc. 1 5.99% $4,135
Mortgage Research Center, LLC 1 4.99% $2,040

EVANSVILLE Average Closing Costs & Other Stats

EVANSVILLE, IN-KY's 152 lenders originated 9,071 loans during 2022. The total origination value was $1,613,505,000, with an average loan value of $177,875.

EVANSVILLE's average closing costs are $3,480.

The top EVANSVILLE lender as defined by loan originations is EVANSVILLE TEACHERS, with 736 loans originated. Their average total fees are $2,733, which is $525 lower than the next largest lender, MORTGAGE MASTERS OF INDIANA, INC..

The lowest fee EVANSVILLE lenders (with over 10 loans originated) are CRANE ($1,642), EVANSVILLE ($2,042), First Federal Savings Bank ($2,228), Banterra Bank ($2,378) and Old National Bank ($2,473).

The lowest rate EVANSVILLE lenders (with over 10 loans originated) are CRANE (4.28%), Flagstar Bank, FSB (4.48%), UNION HOME MORTGAGE CORP. (4.51%), Independence Bank of Kentucky (4.54%) and EVANSVILLE (4.60%).

EVANSVILLE, IN-KY Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
EVANSVILLE TEACHERS $484,190,000 $279,080,000 -42.4% 17.3%
MORTGAGE MASTERS OF INDIANA, INC. $225,035,000 $145,355,000 -35.4% 9.0%
Old National Bank $146,930,000 $94,720,000 -35.5% 5.9%
Fifth Third Bank $105,120,000 $89,885,000 -14.5% 5.6%
German American Bank $89,155,000 $73,040,000 -18.1% 4.5%
First Federal Savings Bank $78,045,000 $63,845,000 -18.2% 4.0%
Heritage Federal Credit Union $116,430,000 $63,090,000 -45.8% 3.9%
QUICKEN LOANS, LLC $113,820,000 $47,700,000 -58.1% 3.0%
GREYSTONE SERVICING COMPANY LLC $46,520,000 n/a 2.9%
peoples trust and savings bank $39,510,000 n/a 2.4%
Merchants Bank of Indiana $33,520,000 $32,930,000 -1.8% 2.0%
FIELD & MAIN BANK, INC. $39,005,000 $30,850,000 -20.9% 1.9%
LNB COMMUNITY BANK $41,750,000 $30,765,000 -26.3% 1.9%
Bank of England $26,775,000 $26,610,000 -0.6% 1.6%
UNITED WHOLESALE MORTGAGE, LLC $29,205,000 $26,550,000 -9.1% 1.6%
FBC MORTGAGE, LLC $34,790,000 $26,060,000 -25.1% 1.6%
Mortgage Research Center, LLC $24,595,000 $22,900,000 -6.9% 1.4%
Independence Bank of Kentucky $32,835,000 $22,185,000 -32.4% 1.4%
RUOFF MORTGAGE COMPANY, INC. $60,805,000 $20,855,000 -65.7% 1.3%
Stock Yards Bank & Trust Company $9,760,000 $18,505,000 89.6% 1.1%
INDIANA MEMBERS CREDIT UNION $29,725,000 $17,730,000 -40.4% 1.1%
CALIBER HOME LOANS, INC. $23,375,000 $17,090,000 -26.9% 1.1%
FREEDOM MORTGAGE CORPORATION $70,020,000 $15,055,000 -78.5% 0.9%
Banterra Bank $14,465,000 $12,045,000 -16.7% 0.7%
The First National Bank of Carmi $18,225,000 $11,555,000 -36.6% 0.7%
ORIX REAL ESTATE CAPITAL, LLC $11,255,000 $10,005,000 -11.1% 0.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $9,015,000 $9,780,000 8.5% 0.6%
CRANE $12,265,000 $9,260,000 -24.5% 0.6%
HOME POINT FINANCIAL CORPORATION $34,120,000 $9,125,000 -73.3% 0.6%
LOANDEPOT.COM, LLC $16,145,000 $8,415,000 -47.9% 0.5%
PLAZA HOME MORTGAGE, INC. $7,225,000 $7,595,000 5.1% 0.5%
Wells Fargo Bank $14,140,000 $7,400,000 -47.7% 0.5%
WALKER & DUNLOP, LLC $7,095,000 n/a 0.4%
GVC MORTGAGE, INC. $14,080,000 $7,005,000 -50.2% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $12,110,000 $6,940,000 -42.7% 0.4%
Farmers Bank and Trust Company $3,325,000 $6,840,000 105.7% 0.4%
Carrington Mortgage Services, LLC $6,890,000 $6,520,000 -5.4% 0.4%
CBRE MULTIFAMILY CAPITAL, INC. $11,665,000 $5,795,000 -50.3% 0.4%
LAKEVIEW LOAN SERVICING, LLC $7,255,000 $5,720,000 -21.2% 0.4%
U.S. Bank $6,810,000 $5,515,000 -19.0% 0.3%
AMERISAVE MORTGAGE CORPORATION $11,495,000 $5,500,000 -52.2% 0.3%
EVANSVILLE $13,040,000 $5,425,000 -58.4% 0.3%
Flagstar Bank, FSB $5,965,000 $5,425,000 -9.1% 0.3%
BOONVILLE FEDERAL SAVINGS BANK $5,700,000 $5,390,000 -5.4% 0.3%
PENNYMAC LOAN SERVICES, LLC $13,500,000 $5,350,000 -60.4% 0.3%
Regions Bank $8,955,000 $5,270,000 -41.2% 0.3%
Equity Prime Mortgage LLC $4,080,000 $5,170,000 26.7% 0.3%
JPMorgan Chase Bank $9,620,000 $5,115,000 -46.8% 0.3%
FAIR WAY LENDING LLC $7,210,000 $4,445,000 -38.3% 0.3%
UNION HOME MORTGAGE CORP. $5,305,000 $4,365,000 -17.7% 0.3%
United Fidelity Bank, fsb $4,690,000 $4,300,000 -8.3% 0.3%
NEWREZ LLC $8,670,000 $4,140,000 -52.2% 0.3%
MOVEMENT MORTGAGE, LLC $2,245,000 $4,070,000 81.3% 0.3%
NAVY FEDERAL CREDIT UNION $6,480,000 $3,975,000 -38.7% 0.2%
Brighton Bank $3,400,000 $3,950,000 16.2% 0.2%
Northpointe Bank $1,125,000 $3,945,000 250.7% 0.2%
USAA Federal Savings Bank $4,550,000 $3,945,000 -13.3% 0.2%
The Huntington National Bank $2,900,000 $3,705,000 27.8% 0.2%
SOUTH CENTRAL BANK, INC. $4,020,000 $3,695,000 -8.1% 0.2%
TOP FLITE FINANCIAL, INC. $3,845,000 $3,140,000 -18.3% 0.2%
INDIANA UNIVERSITY CREDIT UNION $3,110,000 n/a 0.2%
Bank of America $8,345,000 $3,065,000 -63.3% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $1,150,000 $2,970,000 158.3% 0.2%
21ST MORTGAGE CORPORATION $2,680,000 $2,925,000 9.1% 0.2%
Century Mortgage Company DBA Century Lending Company $1,205,000 $2,595,000 115.4% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $1,690,000 $2,580,000 52.7% 0.2%
ROYAL UNITED MORTGAGE LLC $3,220,000 $2,390,000 -25.8% 0.1%
DIAMOND VALLEY $11,075,000 $2,285,000 -79.4% 0.1%
Servion, Inc. $705,000 $2,275,000 222.7% 0.1%
BROKER SOLUTIONS, INC. $5,575,000 $2,195,000 -60.6% 0.1%
PNC Bank $2,070,000 $2,120,000 2.4% 0.1%
American Mortgage & Equity Consultants, Inc. $4,205,000 $2,095,000 -50.2% 0.1%
BETTER MORTGAGE CORPORATION $9,020,000 $1,905,000 -78.9% 0.1%
CIVIC FINANCIAL SERVICES, LLC $85,000 $1,865,000 2,094.1% 0.1%
Legence Bank $5,355,000 $1,860,000 -65.3% 0.1%
1ST SIGNATURE LENDING, LLC $865,000 $1,775,000 105.2% 0.1%
Farm Credit Mid-America, ACA $8,950,000 $1,730,000 -80.7% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,200,000 $1,620,000 -26.4% 0.1%
AMERICAN FINANCING CORPORATION $2,400,000 $1,600,000 -33.3% 0.1%
AMWEST FUNDING CORP. $1,580,000 n/a 0.1%
KeyBank $905,000 $1,535,000 69.6% 0.1%
Truist $1,935,000 $1,515,000 -21.7% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $955,000 $1,500,000 57.1% 0.1%
NEW DAY FINANCIAL, LLC $4,265,000 $1,495,000 -64.9% 0.1%
Union Savings Bank $675,000 $1,465,000 117.0% 0.1%
LIMA ONE CAPITAL, LLC $500,000 $1,460,000 192.0% 0.1%
CHURCHILL MORTGAGE CORPORATION $2,505,000 $1,350,000 -46.1% 0.1%
First Financial Bank $2,160,000 $1,310,000 -39.4% 0.1%
Waterstone Mortgage Corporation $290,000 $1,300,000 348.3% 0.1%
EVERETT FINANCIAL, INC. $1,290,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $770,000 $1,265,000 64.3% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,910,000 $1,260,000 -34.0% 0.1%
PLANET HOME LENDING, LLC $2,620,000 $1,200,000 -54.2% 0.1%
Barrington Bank & Trust Company, N.A. $1,890,000 $1,050,000 -44.4% 0.1%
Peoples Bank $995,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $50,000 $960,000 1,820.0% 0.1%
VILLAGE CAPITAL MORTGAGE $2,600,000 $955,000 -63.3% 0.1%
AmRes Corporation $950,000 n/a 0.1%
CRESCENT MORTGAGE COMPANY $55,000 $950,000 1,627.3% 0.1%
FIRST COMMUNITY MORTGAGE, INC. $755,000 $950,000 25.8% 0.1%
Citizens Bank $2,525,000 $895,000 -64.6% 0.1%
MJW Financial LLC $1,055,000 $895,000 -15.2% 0.1%
DAS Acquisition Company, LLC $955,000 $880,000 -7.9% 0.1%
CLEARPATH LENDING $1,710,000 $870,000 -49.1% 0.1%
Nations Lending Corporation $990,000 $870,000 -12.1% 0.1%
Discover Bank $435,000 $825,000 89.7% 0.1%
Magnolia Bank $4,145,000 $825,000 -80.1% 0.1%
EUSTIS AND AMERICAN MORTGAGE COMPANY $800,000 n/a 0.0%
Morgan Stanley Private Bank $545,000 $800,000 46.8% 0.0%
Third Federal Savings and Loan Association of Cleveland $795,000 n/a 0.0%
Arvest Bank $410,000 $790,000 92.7% 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $5,270,000 $790,000 -85.0% 0.0%
M&T Bank $530,000 $760,000 43.4% 0.0%
PENTAGON FEDERAL CREDIT UNION $305,000 $755,000 147.5% 0.0%
Republic Bank & Trust Company $735,000 n/a 0.0%
GUARANTEED RATE, INC. $2,045,000 $730,000 -64.3% 0.0%
AMERICAN ADVISORS GROUP $670,000 $720,000 7.5% 0.0%
FINANCE OF AMERICA MORTGAGE LLC $385,000 $720,000 87.0% 0.0%
HALLMARK HOME MORTGAGE, LLC $195,000 $720,000 269.2% 0.0%
HOMESIDE FINANCIAL, LLC $2,270,000 $705,000 -68.9% 0.0%
Prosperity Home Mortgage, LLC $185,000 $685,000 270.3% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,510,000 $670,000 -55.6% 0.0%
Ally Bank $1,585,000 $665,000 -58.0% 0.0%
Northwest Bank $665,000 n/a 0.0%
LOANFLIGHT LENDING, LLC $4,150,000 $655,000 -84.2% 0.0%
Morgantown Bank & Trust Company, Incorporated $640,000 n/a 0.0%
Figure Lending LLC $465,000 $615,000 32.3% 0.0%
CMG MORTGAGE, INC. $175,000 $605,000 245.7% 0.0%
UNIFY FINANCIAL Credit Union $835,000 $595,000 -28.7% 0.0%
BLUELEAF LENDING, LLC $585,000 n/a 0.0%
The Dart Bank $585,000 n/a 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $565,000 n/a 0.0%
DIGITAL Federal Credit Union $105,000 $565,000 438.1% 0.0%
AMERIFIRST FINANCIAL CORPORATION $65,000 $550,000 746.2% 0.0%
FORUM Credit Union $615,000 $545,000 -11.4% 0.0%
TOWER $545,000 n/a 0.0%
The Peoples State Bank of Newton, Illinois $525,000 n/a 0.0%
Toyota Financial Savings Bank $585,000 $520,000 -11.1% 0.0%
ENDEAVOR CAPITAL, LLC. $1,995,000 $515,000 -74.2% 0.0%
Sierra Pacific Mortgage Company, Inc. $915,000 $515,000 -43.7% 0.0%
Texana Bank $510,000 n/a 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $255,000 $500,000 96.1% 0.0%
First Federal Bank $645,000 $500,000 -22.5% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $1,605,000 $485,000 -69.8% 0.0%
First Guaranty Mortgage Corporation $1,995,000 $480,000 -75.9% 0.0%
STOCKTON MORTGAGE CORPORATION $2,405,000 $480,000 -80.0% 0.0%
THRIVE MORTGAGE, LLC $480,000 n/a 0.0%
KELLER MORTGAGE, LLC $85,000 $470,000 452.9% 0.0%
PURDUE FEDERAL CREDIT UNION $385,000 $470,000 22.1% 0.0%
FirstBank $95,000 $455,000 378.9% 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $405,000 $455,000 12.3% 0.0%
Hometown Lenders, Inc. $330,000 $450,000 36.4% 0.0%
DOMINION FINANCIAL SERVICES, LLC $440,000 n/a 0.0%
Loan Simple, Inc. $440,000 n/a 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $535,000 $440,000 -17.8% 0.0%
AMERICAN MORTGAGE SERVICE COMPANY $2,900,000 $430,000 -85.2% 0.0%
Paramount Residential Mortgage Group, Inc. $550,000 $430,000 -21.8% 0.0%
The Federal Savings Bank $1,850,000 $420,000 -77.3% 0.0%
SPRING EQ, LLC $190,000 $410,000 115.8% 0.0%
RiverHills Bank $825,000 $405,000 -50.9% 0.0%
Mid-Continent Funding, Inc. $545,000 $400,000 -26.6% 0.0%
Park Lane Finance Solutions, LLC $1,025,000 $395,000 -61.5% 0.0%
INTERLINC MORTGAGE SERVICES, LLC $500,000 $390,000 -22.0% 0.0%
Planters Bank, Inc. $545,000 $370,000 -32.1% 0.0%
KS StateBank $1,380,000 $365,000 -73.6% 0.0%
NP, Inc. $235,000 $365,000 55.3% 0.0%
North American Savings Bank, F.S.B. $370,000 $360,000 -2.7% 0.0%
Deere Employees Credit Union $355,000 n/a 0.0%
Wyndham Capital Mortgage, Inc. $2,360,000 $355,000 -85.0% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $480,000 $350,000 -27.1% 0.0%
MID AMERICA MORTGAGE, INC. $165,000 $340,000 106.1% 0.0%
CHERRY CREEK MORTGAGE, LLC $725,000 $335,000 -53.8% 0.0%
PHH Mortgage Corporation $1,180,000 $330,000 -72.0% 0.0%
MYCUMORTGAGE, LLC $625,000 $315,000 -49.6% 0.0%
NATIONS RELIABLE LENDING, LLC $315,000 n/a 0.0%
SOFI LENDING CORP. $1,825,000 $315,000 -82.7% 0.0%
First Savings Bank $1,535,000 $310,000 -79.8% 0.0%
DIRECT MORTGAGE, CORP. $305,000 n/a 0.0%
Midwest Community Bank $305,000 n/a 0.0%
MILESTONE HOME LENDING, LLC $305,000 n/a 0.0%
BNC National Bank $820,000 $300,000 -63.4% 0.0%
Charles Schwab Bank, SSB $720,000 $295,000 -59.0% 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $1,925,000 $290,000 -84.9% 0.0%
The Cecilian Bank $285,000 n/a 0.0%
The Riddell National Bank $285,000 n/a 0.0%
GSF Mortgage Corporation $550,000 $270,000 -50.9% 0.0%
Peoples National Bank , N.A. $185,000 $265,000 43.2% 0.0%
The Monticello Banking Company $265,000 n/a 0.0%
ALLIED MORTGAGE GROUP, INC. $255,000 n/a 0.0%
First Harrison Bank $65,000 $255,000 292.3% 0.0%
Meade County Bank $250,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $240,000 n/a 0.0%
NBKC BANK $490,000 $235,000 -52.0% 0.0%
COMMONWEALTH $40,000 $230,000 475.0% 0.0%
LOANPAL, LLC $250,000 $230,000 -8.0% 0.0%
First Horizon Bank $225,000 n/a 0.0%
STEARNS LENDING, LLC $1,335,000 $225,000 -83.1% 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $215,000 n/a 0.0%
SOUTHWEST STAGE FUNDING, LLC $155,000 $215,000 38.7% 0.0%
UNITED MORTGAGE CORP. $360,000 $215,000 -40.3% 0.0%
Farmers State Bank of Alto Pass $285,000 $210,000 -26.3% 0.0%
EMBRACE HOME LOANS, INC. $785,000 $205,000 -73.9% 0.0%
FINANCIAL CENTER FIRST CREDIT UNION $205,000 n/a 0.0%
First Financial Bank $2,160,000 $205,000 -90.5% 0.0%
First Merchants Bank $240,000 $205,000 -14.6% 0.0%
FNB Bank, Inc. $205,000 n/a 0.0%
MORTGAGE ACCESS CORP. $155,000 $205,000 32.3% 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $195,000 n/a 0.0%
Bank Iowa $195,000 n/a 0.0%
ASSEMBLIES OF GOD Credit Union $190,000 n/a 0.0%
Elements Financial Federal Credit Union $420,000 $190,000 -54.8% 0.0%
SUCCESS MORTGAGE PARTNERS, INC. $215,000 $190,000 -11.6% 0.0%
Legends Bank $225,000 $185,000 -17.8% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $845,000 $175,000 -79.3% 0.0%
American Bank & Trust Company, Inc. $115,000 $165,000 43.5% 0.0%
BMO Harris Bank $165,000 n/a 0.0%
BOKF $165,000 n/a 0.0%
GUILD MORTGAGE COMPANY $275,000 $165,000 -40.0% 0.0%
The Central Trust Bank $165,000 n/a 0.0%
WINGS FINANCIAL $165,000 n/a 0.0%
CASTLE & COOKE MORTGAGE, LLC $155,000 n/a 0.0%
Carrollton Bank $125,000 $145,000 16.0% 0.0%
First Southern National Bank $1,065,000 $145,000 -86.4% 0.0%
LIBERTY HOME MORTGAGE CORPORATION $135,000 n/a 0.0%
MEMBER FIRST MORTGAGE, LLC $330,000 $135,000 -59.1% 0.0%
Notre Dame Federal Credit Union Corporation $135,000 n/a 0.0%
OPEN MORTGAGE, LLC $530,000 $135,000 -74.5% 0.0%
POLARIS HOME FUNDING CORP. $125,000 $135,000 8.0% 0.0%
Residential Mortgage Solutions, Inc. $135,000 n/a 0.0%
TEACHERS CREDIT UNION $55,000 $135,000 145.5% 0.0%
Washington Trust Bank $135,000 n/a 0.0%
FCB Banks $125,000 n/a 0.0%
Stifel Bank and Trust $900,000 $125,000 -86.1% 0.0%
Zions Bancorporation, N.A. $125,000 n/a 0.0%
GENEVA FINANCIAL, LLC $330,000 $120,000 -63.6% 0.0%
LENDINGHOME FUNDING CORPORATION $115,000 n/a 0.0%
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $385,000 $115,000 -70.1% 0.0%
Oakstar Bank $245,000 $115,000 -53.1% 0.0%
Warsaw Federal Savings and Loan Association $115,000 n/a 0.0%
Citibank $190,000 $105,000 -44.7% 0.0%
VAN DYK MORTGAGE CORPORATION $105,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $1,175,000 $105,000 -91.1% 0.0%
Baxter Credit Union $105,000 $95,000 -9.5% 0.0%
BEST CAPITAL FUNDING $215,000 $95,000 -55.8% 0.0%
A&D Mortgage LLC $85,000 n/a 0.0%
LENDINGONE, LLC $85,000 n/a 0.0%
River City Bank, Inc. $85,000 n/a 0.0%
FEDEX EMPLOYEES CREDIT ASSOCIATION $75,000 n/a 0.0%
THE MONEY SOURCE INC. $75,000 n/a 0.0%
Watermark Capital, Inc. $205,000 $75,000 -63.4% 0.0%
Advisors Mortgage Group, L.L.C. $245,000 $65,000 -73.5% 0.0%
AMCAP MORTGAGE, LTD. $65,000 n/a 0.0%
First Bank Richmond $70,000 $65,000 -7.1% 0.0%
Limestone Bank, Inc. $2,480,000 $65,000 -97.4% 0.0%
Terre Haute Savings Bank $445,000 $65,000 -85.4% 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $580,000 $55,000 -90.5% 0.0%
Horizon Bank $35,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $35,000 n/a 0.0%

EVANSVILLE's top lender by overall market share is EVANSVILLE TEACHERS, with 17.3% market share. In second place, with 9.0%, is MORTGAGE MASTERS OF INDIANA, INC., having originated $145,355,000 in loans. In third place, with 5.9%, is Old National Bank, having originated $94,720,000 in loans. In fourth place, with 5.6%, is Fifth Third Bank, having originated $89,885,000 in loans. In fifth place, with 4.5%, is German American Bank, having originated $73,040,000 in loans.

EVANSVILLE, IN-KY Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
42301 Evansville, IN-KY $600 $650 $850 $1,110 $1,150
42402 Evansville, IN-KY $550 $630 $780 $1,020 $1,180
42406 Evansville, IN-KY $540 $610 $770 $1,000 $1,110
42419 Evansville, IN-KY $550 $630 $780 $1,020 $1,180
42420 Evansville, IN-KY $550 $630 $780 $1,020 $1,180
42451 Evansville, IN-KY $640 $720 $910 $1,190 $1,310
42452 Evansville, IN-KY $610 $700 $870 $1,140 $1,310
42457 Evansville, IN-KY $550 $630 $780 $1,020 $1,180
42458 Evansville, IN-KY $550 $630 $780 $1,020 $1,180
42461 Evansville, IN-KY $550 $630 $780 $1,020 $1,180
42462 Evansville, IN-KY $680 $770 $960 $1,260 $1,450
47523 Evansville, IN-KY $540 $610 $770 $1,000 $1,110
47537 Evansville, IN-KY $660 $750 $930 $1,220 $1,400
47541 Evansville, IN-KY $680 $770 $960 $1,260 $1,450
47601 Evansville, IN-KY $570 $650 $810 $1,060 $1,220
47610 Evansville, IN-KY $700 $790 $990 $1,300 $1,490
47612 Evansville, IN-KY $660 $750 $940 $1,230 $1,420
47613 Evansville, IN-KY $540 $610 $770 $1,000 $1,110
47616 Evansville, IN-KY $600 $680 $850 $1,110 $1,280
47618 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47619 Evansville, IN-KY $590 $670 $840 $1,100 $1,270
47620 Evansville, IN-KY $580 $660 $820 $1,070 $1,240
47629 Evansville, IN-KY $700 $790 $990 $1,300 $1,490
47630 Evansville, IN-KY $730 $830 $1,030 $1,350 $1,550
47631 Evansville, IN-KY $660 $750 $930 $1,220 $1,400
47633 Evansville, IN-KY $660 $750 $940 $1,230 $1,420
47637 Evansville, IN-KY $550 $630 $780 $1,020 $1,180
47638 Evansville, IN-KY $540 $610 $770 $1,000 $1,110
47639 Evansville, IN-KY $560 $630 $790 $1,040 $1,190
47660 Evansville, IN-KY $700 $790 $990 $1,300 $1,490
47701 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47702 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47703 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47704 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47705 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47706 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47708 Evansville, IN-KY $540 $610 $770 $1,000 $1,110
47710 Evansville, IN-KY $550 $630 $780 $1,020 $1,180
47711 Evansville, IN-KY $660 $750 $930 $1,220 $1,400
47712 Evansville, IN-KY $640 $730 $910 $1,190 $1,370
47713 Evansville, IN-KY $560 $640 $800 $1,050 $1,210
47714 Evansville, IN-KY $640 $720 $900 $1,180 $1,360
47715 Evansville, IN-KY $730 $830 $1,030 $1,350 $1,550
47716 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47719 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47720 Evansville, IN-KY $680 $770 $960 $1,260 $1,450
47721 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47724 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47725 Evansville, IN-KY $930 $1,060 $1,320 $1,730 $1,990
47728 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47730 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47731 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47732 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47733 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47734 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47735 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47736 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47737 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47747 Evansville, IN-KY $630 $710 $890 $1,170 $1,340
47750 Evansville, IN-KY $630 $710 $890 $1,170 $1,340

2022 Average & Median Rent Data Statistics
EVANSVILLE, IN-KY average 1BR rent: $705, median: $710
EVANSVILLE, IN-KY average 2BR rent: $882, median: $890
EVANSVILLE, IN-KY average 3BR rent: $1,156, median: $1,170

EVANSVILLE, IN-KY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 4,716 $1,074,740,000 $227,892
Cash Out Refi 1,864 $227,290,000 $121,937
Refi 1,359 $202,175,000 $148,767
Home Improvement 573 $43,185,000 $75,366
Other 528 $62,570,000 $118,504
NA 31 $3,545,000 $114,355

Evansville's most frequently cited loan purpose was Home Purchase, with 4,716 originations. The 2nd most popular reason was Cash Out Refi, with 1,864 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 2,177 $377,755,000 $173,521
4-5% 1,952 $389,070,000 $199,319
3-4% 1,689 $341,935,000 $202,448
6-7% 1,059 $176,945,000 $167,087
2.5-3% 465 $77,745,000 $167,194
7-8% 377 $42,595,000 $112,984
<2.5% 370 $60,490,000 $163,486
Over 8% 222 $13,390,000 $60,315

During 2022, Evansville's most frequently originated rate bucket was 5-6%, with 2,177 originations.

Loan Sizing (EVANSVILLE, IN-KY MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 3,391 $490,745,000 $144,720
$100,000 or less 3,170 $175,500,000 $55,363
$200k-400k 2,102 $562,120,000 $267,422
$400k-600k 279 $131,775,000 $472,312
$600k-1000k 88 $63,190,000 $718,068
$Over $1MM 41 $190,175,000 $4,638,415

EVANSVILLE's loan sizing saw the bucket of loans from $100k-200k with 3,391 originations, totaling $490,745,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 3,390 $701,700,000 $206,991
60-80% 1,946 $456,520,000 $234,594
Under 20% 1,064 $45,740,000 $42,989
20-40% 942 $92,850,000 $98,567
40-60% 828 $123,580,000 $149,251
Over 100% 82 $53,200,000 $648,780

EVANSVILLE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,390 originations, totaling $701,700,000 in origination value.