FORT WAYNE Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Fort Wayne averaged
5.55%
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
5.4% and
one month ago for the week of 2022-04-14, the
average rate was 5.2%.
Fort Wayne's average rate one year ago was 3.11%.
For refis of the same type during the week of 2022-05-19, the average rate
was 5.26%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-05-19 | 5.25% |
| Fort Wayne 30 Year Fixed Rate | 2022-05-19 | 5.55% |
| Fort Wayne 30 Year Fixed Rate Refi | 2022-05-19 | 5.26% |
| Fort Wayne 15 Year Fixed Rate | 2022-05-19 | 4.68% |
| Fort Wayne 15 Year Fixed Rate Refi | 2022-05-19 | 4.65% |
| Fort Wayne 30 Year FHA | 2022-05-19 | 5.42% |
| Fort Wayne 30 Year FHA Refi | 2022-05-19 | 5.38% |
| Fort Wayne 30 Year USDA | 2022-05-19 | 5.49% |
| Fort Wayne 30 Year USDA Refi | 2022-05-19 | 5.3% |
| Fort Wayne 30 Year VA | 2022-05-19 | 5.25% |
| Fort Wayne 30 Year VA Refi | 2022-05-19 | 5.26% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within FORT WAYNE, IN.
FORT WAYNE 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 FORT WAYNE, 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.).
FORT WAYNE, IN's 232 lenders originated 21,381
loans during 2021. The total origination value was $4,445,995,000, with an average loan value of
$207,941.
The top FORT WAYNE lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with
1,664 loans originated. Their average total fees are
$2,276, which is $70
lower than the next largest lender,
Three Rivers Federal Credit Union.
The lowest fee FORT WAYNE lenders (with over 10 loans originated) are
Union Savings Bank ($978), DHI MORTGAGE COMPANY, LTD. ($1,256), JPMorgan Chase Bank ($1,902), BEACON CREDIT UNION ($2,028) and Horizon Bank ($2,029).
The lowest rate FORT WAYNE lenders (with over 10 loans originated) are
BEACON CREDIT UNION (2.83%), Bank of America (2.86%), AMERICAN MORTGAGE SERVICE COMPANY (2.97%), DHI MORTGAGE COMPANY, LTD. (2.99%) and Lake City Bank (3.00%).
FORT WAYNE, 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 |
|---|---|---|---|---|
| Three Rivers Federal Credit Union | $685,720,000 | $1,088,440,000 | 58.7% | 24.5% |
| RUOFF MORTGAGE COMPANY, INC. | $578,730,000 | $485,970,000 | -16.0% | 10.9% |
| QUICKEN LOANS, LLC | $143,690,000 | $167,155,000 | 16.3% | 3.8% |
| Union Savings Bank | $152,460,000 | $123,260,000 | -19.2% | 2.8% |
| TEACHERS CREDIT UNION | $100,670,000 | $116,440,000 | 15.7% | 2.6% |
| HALLMARK HOME MORTGAGE, LLC | $127,740,000 | $115,550,000 | -9.5% | 2.6% |
| Fifth Third Bank | $116,545,000 | $111,620,000 | -4.2% | 2.5% |
| First Merchants Bank | $112,375,000 | $100,900,000 | -10.2% | 2.3% |
| Merchants Bank of Indiana | $14,580,000 | $96,340,000 | 560.8% | 2.2% |
| JPMorgan Chase Bank | $88,395,000 | $95,060,000 | 7.5% | 2.1% |
| ProFed Federal Credit Union | $122,975,000 | $86,680,000 | -29.5% | 1.9% |
| FREEDOM MORTGAGE CORPORATION | $85,650,000 | $84,490,000 | -1.4% | 1.9% |
| CALIBER HOME LOANS, INC. | $51,265,000 | $73,255,000 | 42.9% | 1.6% |
| PNC Bank | $80,390,000 | $66,245,000 | -17.6% | 1.5% |
| First Federal Bank of the Midwest | $50,990,000 | $58,525,000 | 14.8% | 1.3% |
| STAR Financial Bank | $64,530,000 | $54,980,000 | -14.8% | 1.2% |
| Lake City Bank | $57,615,000 | $54,545,000 | -5.3% | 1.2% |
| GVC MORTGAGE, INC. | $27,500,000 | $53,575,000 | 94.8% | 1.2% |
| Flagstar Bank, FSB | $39,830,000 | $51,620,000 | 29.6% | 1.2% |
| Old National Bank | $50,740,000 | $44,665,000 | -12.0% | 1.0% |
| MIDWEST AMERICA | $60,040,000 | $43,675,000 | -27.3% | 1.0% |
| CROSSCOUNTRY MORTGAGE, LLC | $35,580,000 | $42,450,000 | 19.3% | 1.0% |
| PARTNERS 1ST Federal Credit Union | $46,560,000 | $41,125,000 | -11.7% | 0.9% |
| 1st Source Bank | $43,265,000 | $40,710,000 | -5.9% | 0.9% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $38,000,000 | $40,055,000 | 5.4% | 0.9% |
| UNION HOME MORTGAGE CORP. | $44,040,000 | $34,260,000 | -22.2% | 0.8% |
| BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $32,300,000 | n/a | 0.7% | |
| The Garrett State Bank | $34,380,000 | $31,880,000 | -7.3% | 0.7% |
| JONES LANG LASALLE MULTIFAMILY, LLC | $31,005,000 | n/a | 0.7% | |
| Wells Fargo Bank | $28,350,000 | $30,825,000 | 8.7% | 0.7% |
| LOANDEPOT.COM, LLC | $20,550,000 | $29,080,000 | 41.5% | 0.7% |
| First Federal Savings Bank | $325,000 | $28,880,000 | 8,786.2% | 0.6% |
| ACADEMY MORTGAGE CORPORATION | $25,940,000 | $27,355,000 | 5.5% | 0.6% |
| FORT FINANCIAL Federal Credit Union | $22,845,000 | $26,925,000 | 17.9% | 0.6% |
| Mortgage Research Center, LLC | $18,805,000 | $26,900,000 | 43.0% | 0.6% |
| The Huntington National Bank | $19,620,000 | $25,065,000 | 27.8% | 0.6% |
| MID AMERICA MORTGAGE, INC. | $460,000 | $24,630,000 | 5,254.3% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $17,660,000 | $23,755,000 | 34.5% | 0.5% |
| V.I.P. MORTGAGE, INC. | $24,570,000 | $23,605,000 | -3.9% | 0.5% |
| SUCCESS MORTGAGE PARTNERS, INC. | $32,430,000 | $22,540,000 | -30.5% | 0.5% |
| POLARIS HOME FUNDING CORP. | $28,915,000 | $22,265,000 | -23.0% | 0.5% |
| AMERICAN MORTGAGE SERVICE COMPANY | $26,200,000 | $21,815,000 | -16.7% | 0.5% |
| Crossroads Bank | $21,685,000 | $21,665,000 | -0.1% | 0.5% |
| DHI MORTGAGE COMPANY, LTD. | $18,885,000 | $21,030,000 | 11.4% | 0.5% |
| NEWREZ LLC | $10,655,000 | $19,360,000 | 81.7% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $7,550,000 | $18,380,000 | 143.4% | 0.4% |
| PENNYMAC LOAN SERVICES, LLC | $7,490,000 | $17,815,000 | 137.9% | 0.4% |
| ORIX REAL ESTATE CAPITAL, LLC | $17,225,000 | n/a | 0.4% | |
| CBRE MULTIFAMILY CAPITAL, INC. | $15,205,000 | n/a | 0.3% | |
| VAN DYK MORTGAGE CORPORATION | $14,250,000 | $13,710,000 | -3.8% | 0.3% |
| BETTER MORTGAGE CORPORATION | $3,885,000 | $13,610,000 | 250.3% | 0.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $21,050,000 | $13,155,000 | -37.5% | 0.3% |
| The State Bank and Trust Company | $10,365,000 | $12,885,000 | 24.3% | 0.3% |
| Fire Police City County Federal Credit Union | $23,830,000 | $10,725,000 | -55.0% | 0.2% |
| Farm Credit Mid-America, ACA | $9,255,000 | $10,650,000 | 15.1% | 0.2% |
| Horizon Bank | $11,870,000 | $10,645,000 | -10.3% | 0.2% |
| The Farmers & Merchants State Bank | $33,215,000 | $10,455,000 | -68.5% | 0.2% |
| GUARANTEED RATE, INC. | $34,405,000 | $10,100,000 | -70.6% | 0.2% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $9,590,000 | $9,625,000 | 0.4% | 0.2% |
| Nations Lending Corporation | $690,000 | $9,565,000 | 1,286.2% | 0.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $6,560,000 | $9,310,000 | 41.9% | 0.2% |
| Farmers and Merchants Bank | $9,125,000 | n/a | 0.2% | |
| LAKEVIEW LOAN SERVICING, LLC | $4,055,000 | $8,780,000 | 116.5% | 0.2% |
| Northwest Bank | $4,525,000 | $7,775,000 | 71.8% | 0.2% |
| HOME POINT FINANCIAL CORPORATION | $7,930,000 | $7,690,000 | -3.0% | 0.2% |
| Northpointe Bank | $8,505,000 | $7,690,000 | -9.6% | 0.2% |
| AMERICAN FINANCING CORPORATION | $4,455,000 | $7,525,000 | 68.9% | 0.2% |
| GREYSTONE SERVICING COMPANY LLC | $41,585,000 | $7,505,000 | -82.0% | 0.2% |
| Carrington Mortgage Services, LLC | $7,425,000 | $7,060,000 | -4.9% | 0.2% |
| NAVY FEDERAL CREDIT UNION | $8,495,000 | $6,705,000 | -21.1% | 0.2% |
| Centier Bank | $13,025,000 | $6,585,000 | -49.4% | 0.1% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $3,125,000 | $6,495,000 | 107.8% | 0.1% |
| BROKER SOLUTIONS, INC. | $4,565,000 | $6,445,000 | 41.2% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $9,360,000 | $6,420,000 | -31.4% | 0.1% |
| First Federal Savings Bank | $325,000 | $6,410,000 | 1,872.3% | 0.1% |
| Liberty Savings Bank, F.S.B. | $10,105,000 | $6,105,000 | -39.6% | 0.1% |
| USAA Federal Savings Bank | $10,555,000 | $6,040,000 | -42.8% | 0.1% |
| U.S. Bank | $6,685,000 | $5,970,000 | -10.7% | 0.1% |
| First Bank of Berne | $3,150,000 | $5,665,000 | 79.8% | 0.1% |
| Bank of America | $6,750,000 | $5,610,000 | -16.9% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $5,750,000 | $5,600,000 | -2.6% | 0.1% |
| NEW DAY FINANCIAL, LLC | $6,640,000 | $5,575,000 | -16.0% | 0.1% |
| Citizens Bank | $2,310,000 | $5,180,000 | 124.2% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $3,115,000 | $5,025,000 | 61.3% | 0.1% |
| First Guaranty Mortgage Corporation | $2,480,000 | $4,790,000 | 93.1% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $1,640,000 | $4,720,000 | 187.8% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $3,125,000 | $4,405,000 | 41.0% | 0.1% |
| LENDINGONE, LLC | $4,385,000 | n/a | 0.1% | |
| VILLAGE CAPITAL & INVESTMENT LLC | $3,655,000 | $4,340,000 | 18.7% | 0.1% |
| InterContinental Capital Group, Inc | $1,515,000 | $4,240,000 | 179.9% | 0.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $1,920,000 | $4,200,000 | 118.8% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $1,100,000 | $4,025,000 | 265.9% | 0.1% |
| AmeriHome Mortgage Company, LLC | $3,615,000 | $3,895,000 | 7.7% | 0.1% |
| MICHIGAN MUTUAL, INC. | $3,160,000 | $3,740,000 | 18.4% | 0.1% |
| BEACON CREDIT UNION | $6,420,000 | $3,720,000 | -42.1% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $2,715,000 | $3,660,000 | 34.8% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $3,585,000 | $3,515,000 | -2.0% | 0.1% |
| The Federal Savings Bank | $3,710,000 | $3,365,000 | -9.3% | 0.1% |
| Ally Bank | $1,895,000 | $3,265,000 | 72.3% | 0.1% |
| OCEANSIDE MORTGAGE COMPANY | $4,595,000 | $3,235,000 | -29.6% | 0.1% |
| Truist Bank | $1,265,000 | $3,155,000 | 149.4% | 0.1% |
| Blue Ridge Bank | $630,000 | $3,000,000 | 376.2% | 0.1% |
| Mortgage Assurance Inc. | $285,000 | $2,835,000 | 894.7% | 0.1% |
| SIRVA MORTGAGE, INC. | $1,285,000 | $2,785,000 | 116.7% | 0.1% |
| AmRes Corporation | $4,535,000 | $2,770,000 | -38.9% | 0.1% |
| INDIANA UNIVERSITY CREDIT UNION | $2,610,000 | $2,695,000 | 3.3% | 0.1% |
| KELLER MORTGAGE, LLC | $1,860,000 | $2,655,000 | 42.7% | 0.1% |
| The Campbell & Fetter Bank | $1,875,000 | $2,625,000 | 40.0% | 0.1% |
| First Farmers Bank and Trust Company | $1,040,000 | $2,570,000 | 147.1% | 0.1% |
| SOFI LENDING CORP. | $2,305,000 | $2,440,000 | 5.9% | 0.1% |
| PLANET HOME LENDING, LLC | $3,215,000 | $2,415,000 | -24.9% | 0.1% |
| FirstBank | $820,000 | $2,400,000 | 192.7% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $885,000 | $2,295,000 | 159.3% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $1,635,000 | $2,220,000 | 35.8% | 0.0% |
| THRIVE MORTGAGE, LLC | $2,195,000 | n/a | 0.0% | |
| PURDUE FEDERAL CREDIT UNION | $1,725,000 | $2,185,000 | 26.7% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $95,000 | $2,125,000 | 2,136.8% | 0.0% |
| United Texas Credit Union | $2,005,000 | n/a | 0.0% | |
| BMO Harris Bank | $555,000 | $1,990,000 | 258.6% | 0.0% |
| CLEARPATH LENDING | $4,180,000 | $1,990,000 | -52.4% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $2,205,000 | $1,900,000 | -13.8% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $1,295,000 | $1,875,000 | 44.8% | 0.0% |
| SOVEREIGN LENDING GROUP INCORPORATED | $1,735,000 | $1,835,000 | 5.8% | 0.0% |
| ZILLOW HOME LOANS, LLC | $1,695,000 | $1,800,000 | 6.2% | 0.0% |
| Farmers State Bank | $1,920,000 | $1,785,000 | -7.0% | 0.0% |
| ENDEAVOR CAPITAL, LLC. | $1,475,000 | $1,730,000 | 17.3% | 0.0% |
| EMBRACE HOME LOANS, INC. | $1,220,000 | $1,720,000 | 41.0% | 0.0% |
| Elements Financial Federal Credit Union | $1,620,000 | $1,700,000 | 4.9% | 0.0% |
| 21ST MORTGAGE CORPORATION | $930,000 | $1,690,000 | 81.7% | 0.0% |
| AMERICAN ADVISORS GROUP | $815,000 | $1,645,000 | 101.8% | 0.0% |
| PHH Mortgage Corporation | $1,440,000 | $1,630,000 | 13.2% | 0.0% |
| CELEBRITY HOME LOANS, LLC | $1,185,000 | $1,625,000 | 37.1% | 0.0% |
| Paramount Residential Mortgage Group, Inc. | $4,160,000 | $1,525,000 | -63.3% | 0.0% |
| North American Savings Bank, F.S.B. | $1,005,000 | $1,520,000 | 51.2% | 0.0% |
| KeyBank | $2,755,000 | $1,505,000 | -45.4% | 0.0% |
| Regions Bank | $575,000 | $1,455,000 | 153.0% | 0.0% |
| PREMIA MORTGAGE, LLC | $1,915,000 | $1,445,000 | -24.5% | 0.0% |
| INTERRA CREDIT UNION | $1,280,000 | $1,310,000 | 2.3% | 0.0% |
| LOANFLIGHT LENDING, LLC | $1,315,000 | $1,310,000 | -0.4% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,870,000 | $1,295,000 | -54.9% | 0.0% |
| Figure Lending LLC | $775,000 | $1,280,000 | 65.2% | 0.0% |
| Associated Bank | $2,660,000 | $1,255,000 | -52.8% | 0.0% |
| Low VA Rates, LLC | $1,770,000 | $1,230,000 | -30.5% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $995,000 | $1,225,000 | 23.1% | 0.0% |
| Dollar Bank, Federal Savings Bank | $575,000 | $1,220,000 | 112.2% | 0.0% |
| MORTGAGE ACCESS CORP. | $1,210,000 | n/a | 0.0% | |
| SOUTHWEST FUNDING, LP | $2,055,000 | $1,205,000 | -41.4% | 0.0% |
| HOMESTEAD FUNDING CORP. | $1,065,000 | $1,190,000 | 11.7% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $855,000 | $1,155,000 | 35.1% | 0.0% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $965,000 | $1,135,000 | 17.6% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $3,770,000 | $1,130,000 | -70.0% | 0.0% |
| Discover Bank | $675,000 | $1,095,000 | 62.2% | 0.0% |
| Manufacturers and Traders Trust Company | $590,000 | $1,045,000 | 77.1% | 0.0% |
| MJW Financial LLC | $670,000 | $1,045,000 | 56.0% | 0.0% |
| FBC MORTGAGE, LLC | $310,000 | $1,015,000 | 227.4% | 0.0% |
| The Union Bank Company | $1,065,000 | $1,000,000 | -6.1% | 0.0% |
| Strong Home Mortgage, LLC | $505,000 | $990,000 | 96.0% | 0.0% |
| TIAA, FSB | $1,415,000 | $940,000 | -33.6% | 0.0% |
| CANOPY MORTGAGE, LLC | $920,000 | n/a | 0.0% | |
| Hometown Lenders, Inc. | $915,000 | $915,000 | 0.0% | 0.0% |
| Wyndham Capital Mortgage, Inc. | $2,035,000 | $915,000 | -55.0% | 0.0% |
| Cf Bank | $875,000 | n/a | 0.0% | |
| CMG MORTGAGE, INC. | $85,000 | $870,000 | 923.5% | 0.0% |
| BNC National Bank | $875,000 | $845,000 | -3.4% | 0.0% |
| EVANSVILLE TEACHERS | $780,000 | $840,000 | 7.7% | 0.0% |
| AMERIFIRST FINANCIAL CORPORATION | $1,305,000 | $810,000 | -37.9% | 0.0% |
| Citibank | $245,000 | $800,000 | 226.5% | 0.0% |
| INLANTA MORTGAGE, INC. | $785,000 | n/a | 0.0% | |
| LOANPAL, LLC | $610,000 | $780,000 | 27.9% | 0.0% |
| First Home Bank | $475,000 | $765,000 | 61.1% | 0.0% |
| ACCELERATE MORTGAGE, LLC | $755,000 | n/a | 0.0% | |
| GUARANTEED RATE AFFINITY, LLC | $2,515,000 | $750,000 | -70.2% | 0.0% |
| FINANCE OF AMERICA COMMERCIAL LLC | $745,000 | n/a | 0.0% | |
| FLAT BRANCH MORTGAGE, INC. | $745,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $155,000 | $725,000 | 367.7% | 0.0% |
| First Internet Bank of Indiana | $1,335,000 | $680,000 | -49.1% | 0.0% |
| Fidelity Bank | $810,000 | $660,000 | -18.5% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $1,495,000 | $650,000 | -56.5% | 0.0% |
| SOUTHWEST STAGE FUNDING, LLC | $45,000 | $650,000 | 1,344.4% | 0.0% |
| FORUM Credit Union | $1,375,000 | $645,000 | -53.1% | 0.0% |
| ARC HOME LLC | $195,000 | $630,000 | 223.1% | 0.0% |
| NP, Inc. | $625,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $655,000 | $615,000 | -6.1% | 0.0% |
| PLUS RELOCATION MORTGAGE, LLC | $610,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $605,000 | n/a | 0.0% | |
| DAS Acquisition Company, LLC | $600,000 | n/a | 0.0% | |
| Citizens State Bank of New Castle | $175,000 | $570,000 | 225.7% | 0.0% |
| Watermark Capital, Inc. | $555,000 | n/a | 0.0% | |
| Toyota Financial Savings Bank | $550,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $195,000 | $545,000 | 179.5% | 0.0% |
| The State Bank | $545,000 | n/a | 0.0% | |
| Wilmington Savings Fund Society, FSB | $545,000 | n/a | 0.0% | |
| UNITED SECURITY FINANCIAL CORP | $300,000 | $540,000 | 80.0% | 0.0% |
| Triumph Bank | $535,000 | n/a | 0.0% | |
| Charles Schwab Bank, SSB | $390,000 | $520,000 | 33.3% | 0.0% |
| Renasant Bank | $125,000 | $510,000 | 308.0% | 0.0% |
| INDIANA MEMBERS CREDIT UNION | $485,000 | $505,000 | 4.1% | 0.0% |
| RBC Bank, (Georgia) | $155,000 | $500,000 | 222.6% | 0.0% |
| Axos Bank | $275,000 | $495,000 | 80.0% | 0.0% |
| JLB CORPORATION | $730,000 | $490,000 | -32.9% | 0.0% |
| Commonwealth Bank and Trust Company | $480,000 | n/a | 0.0% | |
| Superior Credit Union, Inc. | $360,000 | $480,000 | 33.3% | 0.0% |
| THRIVENT Federal Credit Union | $460,000 | n/a | 0.0% | |
| LIBERTY HOME MORTGAGE CORPORATION | $455,000 | n/a | 0.0% | |
| Servion, Inc. | $260,000 | $455,000 | 75.0% | 0.0% |
| Meridian Bank Corporation | $450,000 | n/a | 0.0% | |
| NBKC BANK | $395,000 | $440,000 | 11.4% | 0.0% |
| MYCUMORTGAGE, LLC | $435,000 | n/a | 0.0% | |
| T2 FINANCIAL LLC | $460,000 | $435,000 | -5.4% | 0.0% |
| KS StateBank | $1,045,000 | $430,000 | -58.9% | 0.0% |
| Centra Credit Union | $85,000 | $425,000 | 400.0% | 0.0% |
| First Federal Bank | $2,650,000 | $425,000 | -84.0% | 0.0% |
| IMPAC MORTGAGE CORP. | $425,000 | n/a | 0.0% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $105,000 | $425,000 | 304.8% | 0.0% |
| First Financial Bank | $215,000 | $420,000 | 95.3% | 0.0% |
| Neighborhood Loans, Inc. | $420,000 | n/a | 0.0% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $715,000 | $415,000 | -42.0% | 0.0% |
| The National Bank of Indianapolis | $415,000 | n/a | 0.0% | |
| Advisors Mortgage Group, L.L.C. | $185,000 | $410,000 | 121.6% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $610,000 | $410,000 | -32.8% | 0.0% |
| Mid-Continent Funding, Inc. | $500,000 | $410,000 | -18.0% | 0.0% |
| 1ST SIGNATURE LENDING, LLC | $145,000 | $405,000 | 179.3% | 0.0% |
| Notre Dame Federal Credit Union Corporation | $1,025,000 | $405,000 | -60.5% | 0.0% |
| Bankers' Bank | $400,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $145,000 | $400,000 | 175.9% | 0.0% |
| Bank of Ann Arbor | $395,000 | n/a | 0.0% | |
| CityWorth Mortgage LLC | $175,000 | $395,000 | 125.7% | 0.0% |
| MEMBER FIRST MORTGAGE, LLC | $115,000 | $385,000 | 234.8% | 0.0% |
| The Citizens National Bank of Bluffton | $275,000 | $385,000 | 40.0% | 0.0% |
| AG Credit, Agricultural Credit Association | $415,000 | $380,000 | -8.4% | 0.0% |
| BAYSHORE MORTGAGE FUNDING, LLC | $380,000 | n/a | 0.0% | |
| First Savings Bank | $390,000 | $380,000 | -2.6% | 0.0% |
| First Federal Bank of Kansas City | $375,000 | n/a | 0.0% | |
| SUMMIT FUNDING, INC. | $370,000 | n/a | 0.0% | |
| MORTGAGE 1 INCORPORATED | $365,000 | n/a | 0.0% | |
| Gateway First Bank | $195,000 | $360,000 | 84.6% | 0.0% |
| BOKF | $570,000 | $355,000 | -37.7% | 0.0% |
| MILESTONE HOME LENDING, LLC | $355,000 | n/a | 0.0% | |
| CHARTER WEST BANK | $345,000 | n/a | 0.0% | |
| United Fidelity Funding Corp. | $345,000 | n/a | 0.0% | |
| Visio Financial Services Inc. | $205,000 | $330,000 | 61.0% | 0.0% |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $310,000 | $325,000 | 4.8% | 0.0% |
| Ixonia Bank | $325,000 | n/a | 0.0% | |
| Baxter Credit Union | $725,000 | $320,000 | -55.9% | 0.0% |
| BEST CAPITAL FUNDING | $320,000 | n/a | 0.0% | |
| RAPID MORTGAGE COMPANY | $315,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $265,000 | $315,000 | 18.9% | 0.0% |
| SIGNATURE MORTGAGE CORPORATION | $315,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $160,000 | $310,000 | 93.8% | 0.0% |
| CIBM Bank | $305,000 | n/a | 0.0% | |
| Platinum Home Mortgage Corporation | $305,000 | n/a | 0.0% | |
| Bank of England | $1,175,000 | $300,000 | -74.5% | 0.0% |
| DELMAR FINANCIAL COMPANY | $105,000 | $290,000 | 176.2% | 0.0% |
| Arvest Bank | $320,000 | $280,000 | -12.5% | 0.0% |
| Deere Employees Credit Union | $280,000 | n/a | 0.0% | |
| Prosperity Home Mortgage, LLC | $275,000 | n/a | 0.0% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $800,000 | $270,000 | -66.3% | 0.0% |
| Peoples Bank | $235,000 | $270,000 | 14.9% | 0.0% |
| Independent Bank | $390,000 | $265,000 | -32.1% | 0.0% |
| LAKE MICHIGAN CREDIT UNION | $815,000 | $265,000 | -67.5% | 0.0% |
| MORIA DEVELOPMENT, INC. | $260,000 | $260,000 | 0.0% | 0.0% |
| STOCKTON MORTGAGE CORPORATION | $260,000 | n/a | 0.0% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $540,000 | $255,000 | -52.8% | 0.0% |
| Pinnacle Bank | $255,000 | n/a | 0.0% | |
| TOWER | $65,000 | $255,000 | 292.3% | 0.0% |
| FEDEX EMPLOYEES CREDIT ASSOCIATION | $245,000 | n/a | 0.0% | |
| First State Bank of St. Charles, Missouri | $245,000 | n/a | 0.0% | |
| HONDA Federal Credit Union | $245,000 | n/a | 0.0% | |
| GENISYS | $895,000 | $240,000 | -73.2% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $205,000 | $235,000 | 14.6% | 0.0% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $125,000 | $225,000 | 80.0% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $215,000 | n/a | 0.0% | |
| REVERSE MORTGAGE FUNDING LLC | $210,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $405,000 | $210,000 | -48.1% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $610,000 | $205,000 | -66.4% | 0.0% |
| TRUWEST Credit Union | $205,000 | n/a | 0.0% | |
| CIVIC FINANCIAL SERVICES, LLC | $195,000 | n/a | 0.0% | |
| Bank of Idaho | $45,000 | $190,000 | 322.2% | 0.0% |
| INOVA FEDERAL CREDIT UNION | $465,000 | $190,000 | -59.1% | 0.0% |
| Marine Bank | $185,000 | $185,000 | 0.0% | 0.0% |
| The Peoples State Bank | $185,000 | n/a | 0.0% | |
| CITYWIDE HOME LOANS, LLC | $95,000 | $175,000 | 84.2% | 0.0% |
| Colten Mortgage, LLC | $275,000 | $175,000 | -36.4% | 0.0% |
| SOUTH CENTRAL BANK, INC. | $175,000 | n/a | 0.0% | |
| The Dart Bank | $175,000 | n/a | 0.0% | |
| UBS Bank USA | $1,560,000 | $175,000 | -88.8% | 0.0% |
| American Airlines Federal Credit Union | $190,000 | $165,000 | -13.2% | 0.0% |
| BM Real Estate Services, Inc. | $960,000 | $165,000 | -82.8% | 0.0% |
| INTERCAP LENDING INC. | $165,000 | n/a | 0.0% | |
| ANGEL OAK HOME LOANS LLC | $155,000 | n/a | 0.0% | |
| Home State Bank | $155,000 | $155,000 | 0.0% | 0.0% |
| Solidarity Community Federal Credit Union | $155,000 | n/a | 0.0% | |
| Specialized Loan Servicing LLC | $155,000 | n/a | 0.0% | |
| UIF CORPORATION | $625,000 | $155,000 | -75.2% | 0.0% |
| US MORTGAGE CORPORATION | $155,000 | n/a | 0.0% | |
| COMMUNITY FIRST CREDIT UNION OF FLO | $335,000 | $145,000 | -56.7% | 0.0% |
| Equity Prime Mortgage LLC | $145,000 | n/a | 0.0% | |
| FINANCIAL CENTER FIRST CREDIT UNION | $95,000 | $145,000 | 52.6% | 0.0% |
| PROPER RATE, LLC | $145,000 | n/a | 0.0% | |
| The Central Trust Bank | $145,000 | n/a | 0.0% | |
| Oxford Bank & Trust | $110,000 | $140,000 | 27.3% | 0.0% |
| FAY SERVICING, LLC | $135,000 | n/a | 0.0% | |
| First State Bank of Forrest | $105,000 | $135,000 | 28.6% | 0.0% |
| LENDSURE MORTGAGE CORP. | $135,000 | n/a | 0.0% | |
| THE MORTGAGE WAREHOUSE,LLC | $135,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $135,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $70,000 | $130,000 | 85.7% | 0.0% |
| Circle Federal Credit Union | $145,000 | $125,000 | -13.8% | 0.0% |
| Colonial Savings, F.A. | $720,000 | $125,000 | -82.6% | 0.0% |
| LENDERFI, INC. | $205,000 | $125,000 | -39.0% | 0.0% |
| Magnolia Bank | $1,090,000 | $125,000 | -88.5% | 0.0% |
| UNITED | $460,000 | $125,000 | -72.8% | 0.0% |
| UNIVERSITY LENDING GROUP, LLC | $125,000 | n/a | 0.0% | |
| Waterstone Mortgage Corporation | $1,360,000 | $125,000 | -90.8% | 0.0% |
| WINTERWOOD MORTGAGE GROUP, LLC | $325,000 | $125,000 | -61.5% | 0.0% |
| DIGITAL Federal Credit Union | $115,000 | n/a | 0.0% | |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $115,000 | n/a | 0.0% | |
| GUILD MORTGAGE COMPANY | $275,000 | $115,000 | -58.2% | 0.0% |
| The Genoa Banking Company | $115,000 | n/a | 0.0% | |
| DELTA COMMUNITY CREDIT UNION | $105,000 | n/a | 0.0% | |
| LENDUS, LLC | $105,000 | n/a | 0.0% | |
| Republic Bank & Trust Company | $105,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $4,000,000 | $105,000 | -97.4% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $95,000 | n/a | 0.0% | |
| Enterprise Bank & Trust | $95,000 | n/a | 0.0% | |
| Greenville National Bank | $85,000 | n/a | 0.0% | |
| CITIZENS EQUITY FIRST | $75,000 | n/a | 0.0% | |
| First Option Mortgage, LLC | $105,000 | $75,000 | -28.6% | 0.0% |
| The Farmers Bank, Frankfort, Indiana | $75,000 | n/a | 0.0% | |
| Tri-County Bank | $75,000 | n/a | 0.0% | |
| WRIGHT-PATT CREDIT UNION, INC. | $55,000 | $75,000 | 36.4% | 0.0% |
| EQUITY RESOURCES, INC. | $355,000 | $65,000 | -81.7% | 0.0% |
| CORNERSTONE HOME LENDING, INC. | $45,000 | n/a | 0.0% | |
| NUMARK CREDIT UNION | $285,000 | $45,000 | -84.2% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $25,000 | $45,000 | 80.0% | 0.0% |
| First Midwest Bank | $18,710,000 | $25,000 | -99.9% | 0.0% |
| Home Loan Investment Bank, F.S.B. | $90,000 | $25,000 | -72.2% | 0.0% |
| Michigan Educational Credit Union | $15,000 | n/a | 0.0% |
FORT WAYNE's top lender by overall market share is Three Rivers Federal Credit Union, with 24.5% market share. In second place, with 10.9%, is RUOFF MORTGAGE COMPANY, INC., having originated $485,970,000 in loans. In third place, with 3.8%, is QUICKEN LOANS, LLC, having originated $167,155,000 in loans. In third place, with 2.8%, is Union Savings Bank, having originated $123,260,000 in loans. In third place, with 2.6%, is TEACHERS CREDIT UNION, having originated $116,440,000 in loans.
FORT WAYNE, IN Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 7,487 | $1,673,805,000 | $223,562 |
| Refi | 7,454 | $1,893,250,000 | $253,991 |
| Cash Out Refi | 4,379 | $693,525,000 | $158,375 |
| Home Improvement | 1,199 | $94,955,000 | $79,195 |
| Other | 861 | $88,905,000 | $103,258 |
| NA | 1 | $1,555,000 | $1,555,000 |
Fort Wayne's most frequently cited loan purpose was Home Purchase, with 7,487 originations. The 2nd most popular reason was Refi, with 7,454 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 8,745 | $1,681,145,000 | $192,241 |
| 2.5-3% | 7,405 | $1,321,785,000 | $178,499 |
| <2.5% | 3,425 | $572,455,000 | $167,140 |
| 4-5% | 974 | $751,560,000 | $771,622 |
| 5-6% | 351 | $29,395,000 | $83,746 |
| Over 8% | 113 | $4,705,000 | $41,637 |
| 6-7% | 56 | $3,730,000 | $66,607 |
| 7-8% | 45 | $2,095,000 | $46,556 |
During 2021, Fort Wayne's most frequently originated rate bucket was 3-4%, with 8,745 originations.
Loan Sizing (FORT WAYNE, IN MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 9,826 | $1,414,410,000 | $143,946 |
| $100,000 or less | 5,762 | $363,650,000 | $63,112 |
| $200k-400k | 4,957 | $1,324,375,000 | $267,173 |
| $400k-600k | 638 | $301,590,000 | $472,712 |
| $600k-1000k | 145 | $105,405,000 | $726,931 |
| $Over $1MM | 53 | $936,565,000 | $17,671,038 |
FORT WAYNE's loan sizing saw the bucket of loans from $100k-200k with 9,826 originations, totaling $1,414,410,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 7,132 | $1,520,170,000 | $213,148 |
| 60-80% | 7,097 | $1,396,535,000 | $196,778 |
| 40-60% | 3,042 | $428,220,000 | $140,769 |
| 20-40% | 1,620 | $155,630,000 | $96,068 |
| Under 20% | 1,259 | $46,315,000 | $36,787 |
| Over 100% | 104 | $49,430,000 | $475,288 |
FORT WAYNE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 7,132 originations, totaling $1,520,170,000 in origination value.
