FORT WAYNE Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Fort Wayne averaged
6.86%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
6.69% and
one month ago for the week of 2025-05-15, the
average rate was 7.06%.
Fort Wayne's average rate one year ago was 7%.
For refis of the same type during the week of 2025-06-18, the average rate
was 6.92%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Fort Wayne 30 Year Fixed Rate | 2025-06-18 | 6.86% |
| Fort Wayne 30 Year Fixed Rate Refi | 2025-06-18 | 6.92% |
| Fort Wayne 15 Year Fixed Rate | 2025-06-18 | 6.88% |
| Fort Wayne 15 Year Fixed Rate Refi | 2025-06-18 | 6.46% |
| Fort Wayne 30 Year FHA | 2025-06-18 | -0.2% |
| Fort Wayne 30 Year FHA Refi | 2025-06-18 | -0.29% |
| Fort Wayne 30 Year USDA | 2025-06-18 | 0.2% |
| Fort Wayne 30 Year USDA Refi | 2025-06-18 | -0.1% |
| Fort Wayne 30 Year VA | 2025-06-18 | 0.16% |
| Fort Wayne 30 Year VA Refi | 2025-06-18 | -0.22% |
FORT WAYNE 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 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 Average Closing Costs & Other Stats
FORT WAYNE, IN's 175 lenders originated 10,823
loans during 2024. The total origination value was $2,171,375,000, with an average loan value of
$200,626.
FORT WAYNE's average closing costs are $3,581.
The top FORT WAYNE lender as defined by loan originations is Three Rivers Federal Credit Union, with
657 loans originated. Their average total fees are
$2,740, which is $421
lower than the next largest lender,
RUOFF MORTGAGE COMPANY, INC..
The lowest fee FORT WAYNE lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. ($1,736), Union Savings Bank ($2,188), BEACON CREDIT UNION ($2,271), First Federal Savings Bank ($2,405) and Lake City Bank ($2,489).
The lowest rate FORT WAYNE lenders (with over 10 loans originated) are
First Federal Bank of the Midwest (4.73%), DHI MORTGAGE COMPANY, LTD. (5.74%), ProFed Federal Credit Union (6.14%), NAVY FEDERAL CREDIT UNION (6.21%) and Lake City Bank (6.28%).
FORT WAYNE, IN 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| Three Rivers Federal Credit Union | $1,496,275,000 | $268,070,000 | -82.1% | 12.3% |
| RUOFF MORTGAGE COMPANY, INC. | $173,760,000 | $202,335,000 | 16.4% | 9.3% |
| HALLMARK HOME MORTGAGE, LLC | $68,025,000 | $75,550,000 | 11.1% | 3.5% |
| QUICKEN LOANS, LLC | $50,330,000 | $72,770,000 | 44.6% | 3.4% |
| First Merchants Bank | $52,205,000 | $65,055,000 | 24.6% | 3.0% |
| Fifth Third Bank | $53,595,000 | $61,505,000 | 14.8% | 2.8% |
| GVC MORTGAGE, INC. | $47,475,000 | $59,390,000 | 25.1% | 2.7% |
| DHI MORTGAGE COMPANY, LTD. | $41,825,000 | $58,770,000 | 40.5% | 2.7% |
| Merchants Capital Corp. | $57,360,000 | n/a | 2.6% | |
| ProFed Federal Credit Union | $37,105,000 | $51,200,000 | 38.0% | 2.4% |
| JPMorgan Chase Bank | $32,865,000 | $48,680,000 | 48.1% | 2.2% |
| Union Savings Bank | $50,290,000 | $47,735,000 | -5.1% | 2.2% |
| ORIX REAL ESTATE CAPITAL, LLC | $49,195,000 | $41,535,000 | -15.6% | 1.9% |
| UNITED WHOLESALE MORTGAGE, LLC | $14,845,000 | $40,920,000 | 175.6% | 1.9% |
| Lake City Bank | $78,560,000 | $36,560,000 | -53.5% | 1.7% |
| STOCKTON MORTGAGE CORPORATION | $20,680,000 | $35,165,000 | 70.0% | 1.6% |
| TEACHERS CREDIT UNION | $47,375,000 | $31,175,000 | -34.2% | 1.4% |
| Mortgage Research Center, LLC | $22,085,000 | $30,885,000 | 39.8% | 1.4% |
| PNC Bank | $28,680,000 | $29,770,000 | 3.8% | 1.4% |
| Old National Bank | $18,910,000 | $29,695,000 | 57.0% | 1.4% |
| STAR Financial Bank | $30,700,000 | $28,745,000 | -6.4% | 1.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $6,555,000 | $26,745,000 | 308.0% | 1.2% |
| Bethpage Federal Credit Union | $65,000 | $26,215,000 | 40,230.8% | 1.2% |
| MIDWEST AMERICA | $23,400,000 | $26,005,000 | 11.1% | 1.2% |
| Merchants Bank of Indiana | $123,135,000 | $25,525,000 | -79.3% | 1.2% |
| 1st Source Bank | $21,200,000 | $23,675,000 | 11.7% | 1.1% |
| Nations Lending Corporation | $13,145,000 | $23,390,000 | 77.9% | 1.1% |
| WALKER & DUNLOP, LLC | $21,915,000 | n/a | 1.0% | |
| GENEVA FINANCIAL, LLC | $18,845,000 | $21,235,000 | 12.7% | 1.0% |
| FREEDOM MORTGAGE CORPORATION | $8,950,000 | $20,190,000 | 125.6% | 0.9% |
| FORT FINANCIAL Federal Credit Union | $15,890,000 | $19,890,000 | 25.2% | 0.9% |
| Flagstar Bank, FSB | $16,560,000 | $19,240,000 | 16.2% | 0.9% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $18,675,000 | $18,755,000 | 0.4% | 0.9% |
| V.I.P. MORTGAGE, INC. | $15,125,000 | $17,790,000 | 17.6% | 0.8% |
| First Federal Bank of the Midwest | $8,915,000 | $17,305,000 | 94.1% | 0.8% |
| LOANDEPOT.COM, LLC | $16,060,000 | $16,715,000 | 4.1% | 0.8% |
| PARTNERS 1ST Federal Credit Union | $23,945,000 | $14,330,000 | -40.2% | 0.7% |
| NEWREZ LLC | $10,655,000 | $13,890,000 | 30.4% | 0.6% |
| POLARIS HOME FUNDING CORP. | $7,825,000 | $12,915,000 | 65.0% | 0.6% |
| CROSSCOUNTRY MORTGAGE, LLC | $5,195,000 | $12,005,000 | 131.1% | 0.6% |
| The Garrett State Bank | $14,110,000 | $11,780,000 | -16.5% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $5,630,000 | $10,685,000 | 89.8% | 0.5% |
| Horizon Bank | $8,100,000 | $10,290,000 | 27.0% | 0.5% |
| PENNYMAC LOAN SERVICES, LLC | $4,960,000 | $10,180,000 | 105.2% | 0.5% |
| Hinsdale Bank & Trust Company | $10,105,000 | n/a | 0.5% | |
| HOMESIDE FINANCIAL, LLC | $360,000 | $9,615,000 | 2,570.8% | 0.4% |
| The Huntington National Bank | $11,515,000 | $8,915,000 | -22.6% | 0.4% |
| Crossroads Bank | $7,200,000 | $7,800,000 | 8.3% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $6,600,000 | $7,530,000 | 14.1% | 0.3% |
| VAN DYK MORTGAGE CORPORATION | $5,085,000 | $7,345,000 | 44.4% | 0.3% |
| MOVEMENT MORTGAGE, LLC | $5,600,000 | $7,195,000 | 28.5% | 0.3% |
| First Federal Savings Bank | $1,810,000 | $7,150,000 | 295.0% | 0.3% |
| AmRes Corporation | $1,995,000 | $7,075,000 | 254.6% | 0.3% |
| The State Bank and Trust Company | $8,560,000 | $6,900,000 | -19.4% | 0.3% |
| Farmers and Merchants Bank | $8,165,000 | $6,555,000 | -19.7% | 0.3% |
| UNION HOME MORTGAGE CORP. | $5,305,000 | $6,440,000 | 21.4% | 0.3% |
| M&T Realty Capital Corporation | $6,365,000 | n/a | 0.3% | |
| The Farmers & Merchants State Bank | $11,945,000 | $6,160,000 | -48.4% | 0.3% |
| Wells Fargo Bank | $5,215,000 | $6,145,000 | 17.8% | 0.3% |
| Carrington Mortgage Services, LLC | $3,710,000 | $5,975,000 | 61.1% | 0.3% |
| USAA Federal Savings Bank | $5,470,000 | $5,965,000 | 9.0% | 0.3% |
| Fire Police City County Federal Credit Union | $4,230,000 | $5,815,000 | 37.5% | 0.3% |
| Notre Dame Federal Credit Union Corporation | $2,175,000 | $5,700,000 | 162.1% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $2,220,000 | $5,610,000 | 152.7% | 0.3% |
| BROKER SOLUTIONS, INC. | $3,300,000 | $5,400,000 | 63.6% | 0.2% |
| MICHIGAN MUTUAL, INC. | $2,805,000 | $5,355,000 | 90.9% | 0.2% |
| Farm Credit Mid-America, ACA | $5,450,000 | $4,920,000 | -9.7% | 0.2% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $2,915,000 | $4,885,000 | 67.6% | 0.2% |
| First Federal Savings Bank | $1,810,000 | $4,500,000 | 148.6% | 0.2% |
| NEW DAY FINANCIAL, LLC | $1,995,000 | $4,290,000 | 115.0% | 0.2% |
| U.S. Bank | $3,895,000 | $4,255,000 | 9.2% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $4,400,000 | $3,980,000 | -9.5% | 0.2% |
| LOANPAL, LLC | $800,000 | $3,850,000 | 381.3% | 0.2% |
| Bank of America | $3,225,000 | $3,805,000 | 18.0% | 0.2% |
| Discover Bank | $2,805,000 | $3,690,000 | 31.6% | 0.2% |
| First Financial Bank | $215,000 | $3,395,000 | 1,479.1% | 0.2% |
| FIRST COMMUNITY MORTGAGE, INC. | $2,360,000 | $3,350,000 | 41.9% | 0.2% |
| SIRVA MORTGAGE, INC. | $4,270,000 | $3,145,000 | -26.3% | 0.1% |
| LAKE MICHIGAN CREDIT UNION | $2,725,000 | $3,120,000 | 14.5% | 0.1% |
| PLANET HOME LENDING, LLC | $1,000,000 | $3,120,000 | 212.0% | 0.1% |
| ZILLOW HOME LOANS, LLC | $1,445,000 | $3,115,000 | 115.6% | 0.1% |
| GUILD MORTGAGE COMPANY | $800,000 | $3,060,000 | 282.5% | 0.1% |
| BEACON CREDIT UNION | $4,655,000 | $3,055,000 | -34.4% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $3,050,000 | $2,995,000 | -1.8% | 0.1% |
| ENVOY MORTGAGE, LTD | $2,895,000 | n/a | 0.1% | |
| LENDINGHOME FUNDING CORPORATION | $1,745,000 | $2,895,000 | 65.9% | 0.1% |
| First Bank of Berne | $1,355,000 | $2,670,000 | 97.0% | 0.1% |
| GUARANTEED RATE, INC. | $2,170,000 | $2,575,000 | 18.7% | 0.1% |
| INTERRA CREDIT UNION | $1,585,000 | $2,445,000 | 54.3% | 0.1% |
| AMERICAN FINANCING CORPORATION | $2,250,000 | $2,365,000 | 5.1% | 0.1% |
| 21ST MORTGAGE CORPORATION | $3,350,000 | $2,325,000 | -30.6% | 0.1% |
| First Financial Bank | $215,000 | $2,230,000 | 937.2% | 0.1% |
| Figure Lending LLC | $2,070,000 | $2,195,000 | 6.0% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $1,490,000 | $2,160,000 | 45.0% | 0.1% |
| CMG MORTGAGE, INC. | $550,000 | $2,035,000 | 270.0% | 0.1% |
| CLEARPATH LENDING | $235,000 | $2,015,000 | 757.4% | 0.1% |
| KeyBank | $840,000 | $1,970,000 | 134.5% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,170,000 | $1,940,000 | 65.8% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $1,360,000 | $1,940,000 | 42.6% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $2,305,000 | $1,940,000 | -15.8% | 0.1% |
| AmeriHome Mortgage Company, LLC | $380,000 | $1,780,000 | 368.4% | 0.1% |
| UIF CORPORATION | $1,385,000 | $1,770,000 | 27.8% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,705,000 | n/a | 0.1% | |
| CARDINAL FINANCIAL | $2,765,000 | $1,705,000 | -38.3% | 0.1% |
| Blue Ridge Bank | $1,245,000 | $1,690,000 | 35.7% | 0.1% |
| Prosperity Home Mortgage, LLC | $430,000 | $1,645,000 | 282.6% | 0.1% |
| American Mortgage & Equity Consultants, Inc. | $1,620,000 | n/a | 0.1% | |
| First State Bank of Forrest | $325,000 | $1,600,000 | 392.3% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $705,000 | $1,600,000 | 127.0% | 0.1% |
| Centier Bank | $86,335,000 | $1,545,000 | -98.2% | 0.1% |
| NFM, INC. | $285,000 | $1,530,000 | 436.8% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $2,380,000 | $1,485,000 | -37.6% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $1,900,000 | $1,480,000 | -22.1% | 0.1% |
| First Bankers Trust Company | $1,445,000 | n/a | 0.1% | |
| MJW Financial LLC | $825,000 | $1,435,000 | 73.9% | 0.1% |
| The Campbell & Fetter Bank | $880,000 | $1,425,000 | 61.9% | 0.1% |
| Credence Funding Corporation | $1,405,000 | n/a | 0.1% | |
| DEEPHAVEN MORTGAGE LLC | $1,405,000 | n/a | 0.1% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $205,000 | $1,345,000 | 556.1% | 0.1% |
| Equity Prime Mortgage LLC | $65,000 | $1,335,000 | 1,953.8% | 0.1% |
| INDIANA UNIVERSITY CREDIT UNION | $1,060,000 | $1,290,000 | 21.7% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $1,320,000 | $1,275,000 | -3.4% | 0.1% |
| Deere Employees Credit Union | $1,270,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $985,000 | $1,245,000 | 26.4% | 0.1% |
| BMO Harris Bank | $1,570,000 | $1,240,000 | -21.0% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $275,000 | $1,240,000 | 350.9% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $2,370,000 | $1,205,000 | -49.2% | 0.1% |
| Toyota Financial Savings Bank | $1,205,000 | n/a | 0.1% | |
| PREMIA MORTGAGE, LLC | $2,445,000 | $1,190,000 | -51.3% | 0.1% |
| POINT Mortgage | $300,000 | $1,165,000 | 288.3% | 0.1% |
| Arbor Realty Trust, Inc. | $15,525,000 | $1,145,000 | -92.6% | 0.1% |
| DOMINION FINANCIAL SERVICES, LLC | $215,000 | $1,140,000 | 430.2% | 0.1% |
| Northpointe Bank | $5,485,000 | $1,115,000 | -79.7% | 0.1% |
| NBKC BANK | $1,870,000 | $1,105,000 | -40.9% | 0.1% |
| PHH Mortgage Corporation | $355,000 | $1,095,000 | 208.5% | 0.1% |
| Old Plank Trail Community Bank | $1,085,000 | n/a | 0.0% | |
| Elements Financial Federal Credit Union | $1,360,000 | $1,070,000 | -21.3% | 0.0% |
| First Federal Bank | $580,000 | $1,050,000 | 81.0% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $1,670,000 | $1,050,000 | -37.1% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $1,020,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $270,000 | $1,005,000 | 272.2% | 0.0% |
| OCMBC, INC. | $1,000,000 | n/a | 0.0% | |
| SOUTHWEST FUNDING, LP | $910,000 | n/a | 0.0% | |
| Citibank | $985,000 | $900,000 | -8.6% | 0.0% |
| BETTER MORTGAGE CORPORATION | $655,000 | $895,000 | 36.6% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $330,000 | $890,000 | 169.7% | 0.0% |
| Century Mortgage Company DBA Century Lending Company | $165,000 | $835,000 | 406.1% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $440,000 | $820,000 | 86.4% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $480,000 | $820,000 | 70.8% | 0.0% |
| The Federal Savings Bank | $2,460,000 | $790,000 | -67.9% | 0.0% |
| Truist | $335,000 | $775,000 | 131.3% | 0.0% |
| AMWEST FUNDING CORP. | $760,000 | n/a | 0.0% | |
| BNY Mellon | $755,000 | n/a | 0.0% | |
| FirstBank | $755,000 | n/a | 0.0% | |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $750,000 | n/a | 0.0% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $740,000 | n/a | 0.0% | |
| University Bank | $720,000 | n/a | 0.0% | |
| Citizens Bank | $465,000 | $715,000 | 53.8% | 0.0% |
| Northwest Bank | $2,730,000 | $685,000 | -74.9% | 0.0% |
| MILESTONE HOME LENDING, LLC | $385,000 | $665,000 | 72.7% | 0.0% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $655,000 | n/a | 0.0% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $530,000 | $640,000 | 20.8% | 0.0% |
| Ally Bank | $370,000 | $635,000 | 71.6% | 0.0% |
| M&T Bank | $635,000 | n/a | 0.0% | |
| GUIDANCE RESIDENTIAL, LLC | $620,000 | n/a | 0.0% | |
| Peoples Bank | $620,000 | n/a | 0.0% | |
| PURDUE FEDERAL CREDIT UNION | $1,290,000 | $620,000 | -51.9% | 0.0% |
| EQUITY RESOURCES, INC. | $275,000 | $615,000 | 123.6% | 0.0% |
| INTERCAP LENDING INC. | $245,000 | $610,000 | 149.0% | 0.0% |
| North American Savings Bank, F.S.B. | $215,000 | $595,000 | 176.7% | 0.0% |
| Mortgage Assurance Inc. | $1,100,000 | $590,000 | -46.4% | 0.0% |
| The Loan Store, Inc. | $590,000 | n/a | 0.0% | |
| Bank of England | $325,000 | $570,000 | 75.4% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $430,000 | $555,000 | 29.1% | 0.0% |
| T2 FINANCIAL LLC | $550,000 | n/a | 0.0% | |
| Paramount Residential Mortgage Group, Inc. | $345,000 | $515,000 | 49.3% | 0.0% |
| Stifel Bank and Trust | $500,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $485,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $650,000 | $485,000 | -25.4% | 0.0% |
| EMM LOANS LLC | $475,000 | $480,000 | 1.1% | 0.0% |
| Morgan Stanley Private Bank | $895,000 | $475,000 | -46.9% | 0.0% |
| Farmers State Bank | $510,000 | $465,000 | -8.8% | 0.0% |
| LEADERONE FINANCIAL CORPORATION | $1,165,000 | $465,000 | -60.1% | 0.0% |
| ENDEAVOR CAPITAL, LLC. | $515,000 | $455,000 | -11.7% | 0.0% |
| JLB CORPORATION | $455,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $195,000 | $450,000 | 130.8% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $370,000 | $445,000 | 20.3% | 0.0% |
| FBC MORTGAGE, LLC | $445,000 | n/a | 0.0% | |
| First State Bank of St. Charles, Missouri | $445,000 | n/a | 0.0% | |
| Lakeview Community Capital, LLC | $445,000 | n/a | 0.0% | |
| LIBERTY HOME MORTGAGE CORPORATION | $430,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $225,000 | $430,000 | 91.1% | 0.0% |
| Waterstone Mortgage Corporation | $430,000 | n/a | 0.0% | |
| First Farmers Bank and Trust Company | $290,000 | $420,000 | 44.8% | 0.0% |
| MidFirst Bank | $55,000 | $415,000 | 654.5% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $385,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $385,000 | n/a | 0.0% | |
| CONSUMERS | $985,000 | $380,000 | -61.4% | 0.0% |
| SPRING EQ, LLC | $755,000 | $380,000 | -49.7% | 0.0% |
| Superior Credit Union, Inc. | $375,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $370,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $785,000 | $360,000 | -54.1% | 0.0% |
| MEMBER FIRST MORTGAGE, LLC | $125,000 | $360,000 | 188.0% | 0.0% |
| Baxter Credit Union | $355,000 | n/a | 0.0% | |
| ISERVE RESIDENTIAL LENDING, LLC | $355,000 | n/a | 0.0% | |
| Raymond James Bank | $345,000 | $355,000 | 2.9% | 0.0% |
| Meridian Bank Corporation | $345,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $430,000 | $335,000 | -22.1% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $335,000 | n/a | 0.0% | |
| FORUM Credit Union | $285,000 | $330,000 | 15.8% | 0.0% |
| Farmers Bank & Trust | $265,000 | $320,000 | 20.8% | 0.0% |
| BAY EQUITY LLC | $305,000 | n/a | 0.0% | |
| JUSTICE Federal Credit Union | $305,000 | n/a | 0.0% | |
| Magnolia Bank | $305,000 | n/a | 0.0% | |
| EVERENCE FEDERAL CREDIT UNION | $290,000 | n/a | 0.0% | |
| Ixonia Bank | $290,000 | n/a | 0.0% | |
| Busey Bank | $1,035,000 | $285,000 | -72.5% | 0.0% |
| GERSHMAN INVESTMENT CORP. | $285,000 | n/a | 0.0% | |
| The Home National Bank of Thorntown | $1,355,000 | $285,000 | -79.0% | 0.0% |
| The National Bank of Indianapolis | $285,000 | n/a | 0.0% | |
| THRIVENT Federal Credit Union | $285,000 | n/a | 0.0% | |
| First Savings Bank | $870,000 | $275,000 | -68.4% | 0.0% |
| MY MOVE MORTGAGE, LLC | $275,000 | n/a | 0.0% | |
| ROSS MORTGAGE CORPORATION | $650,000 | $265,000 | -59.2% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $135,000 | $255,000 | 88.9% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $250,000 | n/a | 0.0% | |
| American Bank of Missouri | $245,000 | n/a | 0.0% | |
| DIRECT MORTGAGE LOANS, LLC | $245,000 | n/a | 0.0% | |
| KEMBA FINANCIAL | $245,000 | n/a | 0.0% | |
| LENDSURE MORTGAGE CORP. | $845,000 | $245,000 | -71.0% | 0.0% |
| MICHIGAN FIRST CREDIT UNION | $245,000 | n/a | 0.0% | |
| Servion, Inc. | $635,000 | $245,000 | -61.4% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $665,000 | $235,000 | -64.7% | 0.0% |
| MORTGAGE MASTERS OF INDIANA, INC. | $235,000 | n/a | 0.0% | |
| SeaTrust Mortgage Company | $235,000 | n/a | 0.0% | |
| INDIANA MEMBERS CREDIT UNION | $610,000 | $230,000 | -62.3% | 0.0% |
| UNITED MORTGAGE CORP | $225,000 | n/a | 0.0% | |
| DELMAR FINANCIAL COMPANY | $215,000 | n/a | 0.0% | |
| EVANSVILLE TEACHERS | $55,000 | $215,000 | 290.9% | 0.0% |
| Loan Simple, Inc. | $575,000 | $215,000 | -62.6% | 0.0% |
| MILEND, INC. | $215,000 | n/a | 0.0% | |
| Performance Financial, Inc. | $210,000 | n/a | 0.0% | |
| Presidential Bank, FSB | $205,000 | n/a | 0.0% | |
| Terre Haute Savings Bank | $205,000 | n/a | 0.0% | |
| Texana Bank | $205,000 | n/a | 0.0% | |
| Residential Mortgage Solutions, Inc. | $145,000 | $195,000 | 34.5% | 0.0% |
| THE EQUITABLE MORTGAGE CORPORATION | $410,000 | $195,000 | -52.4% | 0.0% |
| LIMA ONE CAPITAL, LLC | $235,000 | $190,000 | -19.1% | 0.0% |
| Bankers' Bank | $185,000 | n/a | 0.0% | |
| Fortera Federal Credit Union | $185,000 | n/a | 0.0% | |
| GMFS LLC | $180,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $175,000 | n/a | 0.0% | |
| Guardian Savings Bank, A Federal Savings Bank | $880,000 | $175,000 | -80.1% | 0.0% |
| Southern Michigan Bank & Trust | $175,000 | n/a | 0.0% | |
| The Fountain Trust Company | $1,605,000 | $175,000 | -89.1% | 0.0% |
| VERITAS FUNDING, LLC | $175,000 | $175,000 | 0.0% | 0.0% |
| DAS Acquisition Company, LLC | $165,000 | n/a | 0.0% | |
| NATIONS DIRECT MORTGAGE, LLC | $205,000 | $165,000 | -19.5% | 0.0% |
| Regions Bank | $2,055,000 | $165,000 | -92.0% | 0.0% |
| American Mortgage Bank, LLC | $155,000 | n/a | 0.0% | |
| CALCON MUTUAL MORTGAGE LLC | $155,000 | n/a | 0.0% | |
| EVERETT FINANCIAL, INC. | $125,000 | $155,000 | 24.0% | 0.0% |
| SENTE MORTGAGE, INC. | $155,000 | n/a | 0.0% | |
| UBS Bank USA | $155,000 | n/a | 0.0% | |
| ALTRA | $145,000 | n/a | 0.0% | |
| Chiphone Federal Credit Union | $145,000 | n/a | 0.0% | |
| CIBC Bank USA | $145,000 | n/a | 0.0% | |
| BELEM SERVICING LLC | $135,000 | n/a | 0.0% | |
| LENDINGONE, LLC | $75,000 | $135,000 | 80.0% | 0.0% |
| OCEANSIDE MORTGAGE COMPANY | $515,000 | $125,000 | -75.7% | 0.0% |
| RF Renovo Management Company, LLC | $355,000 | $125,000 | -64.8% | 0.0% |
| Park Lane Finance Solutions, LLC | $15,000 | $115,000 | 666.7% | 0.0% |
| Credit Union 1 | $105,000 | n/a | 0.0% | |
| Fidelity Bank | $105,000 | n/a | 0.0% | |
| A&D Mortgage LLC | $95,000 | n/a | 0.0% | |
| GREENSTATE CREDIT UNION | $95,000 | $95,000 | 0.0% | 0.0% |
| Liberty National Bank | $95,000 | n/a | 0.0% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $710,000 | $95,000 | -86.6% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $190,000 | $85,000 | -55.3% | 0.0% |
| American Airlines Federal Credit Union | $75,000 | n/a | 0.0% | |
| First International Bank & Trust | $75,000 | n/a | 0.0% | |
| Centra Credit Union | $45,000 | $65,000 | 44.4% | 0.0% |
| WRIGHT-PATT CREDIT UNION, INC. | $305,000 | $65,000 | -78.7% | 0.0% |
| APCI Federal Credit Union | $55,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $55,000 | n/a | 0.0% | |
| STANFORD Federal Credit Union | $55,000 | n/a | 0.0% | |
| State Department Federal Credit Union | $55,000 | n/a | 0.0% | |
| Transportation Federal Credit Union | $45,000 | n/a | 0.0% | |
| Signature Federal Credit Union | $35,000 | n/a | 0.0% | |
| INOVA FEDERAL CREDIT UNION | $620,000 | $25,000 | -96.0% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $25,000 | n/a | 0.0% | |
| Sturgis Bank & Trust Company | $25,000 | n/a | 0.0% |
FORT WAYNE's top lender by overall market share is Three Rivers Federal Credit Union, with 12.3% market share. In second place, with 9.3%, is RUOFF MORTGAGE COMPANY, INC., having originated $202,335,000 in loans. In third place, with 3.5%, is HALLMARK HOME MORTGAGE, LLC, having originated $75,550,000 in loans. In fourth place, with 3.4%, is QUICKEN LOANS, LLC, having originated $72,770,000 in loans. In fifth place, with 3.0%, is First Merchants Bank, having originated $65,055,000 in loans.
FORT WAYNE, IN Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 5,861 | $1,366,275,000 | $233,113 |
| Cash Out Refi | 1,527 | $225,635,000 | $147,764 |
| Other | 1,251 | $95,495,000 | $76,335 |
| Refi | 1,128 | $390,750,000 | $346,410 |
| Home Improvement | 1,056 | $93,220,000 | $88,277 |
Fort Wayne's most frequently cited loan purpose was Home Purchase, with 5,861 originations. The 2nd most popular reason was Cash Out Refi, with 1,527 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 4,264 | $974,360,000 | $228,508 |
| Over 8% | 2,590 | $224,960,000 | $86,857 |
| 7-8% | 2,328 | $482,950,000 | $207,453 |
| 5-6% | 1,040 | $322,250,000 | $309,856 |
| <2.5% | 195 | $1,915,000 | $9,821 |
| 4-5% | 149 | $43,655,000 | $292,987 |
| 2.5-3% | 21 | $3,695,000 | $175,952 |
| 3-4% | 18 | $3,280,000 | $182,222 |
During 2024, Fort Wayne's most frequently originated rate bucket was 6-7%, with 4,264 originations.
Loan Sizing (FORT WAYNE, IN MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 3,438 | $171,250,000 | $49,811 |
| $100k-200k | 3,336 | $499,780,000 | $149,814 |
| $200k-400k | 3,335 | $901,205,000 | $270,226 |
| $400k-600k | 499 | $236,375,000 | $473,697 |
| $600k-1000k | 170 | $122,040,000 | $717,882 |
| $Over $1MM | 45 | $240,725,000 | $5,349,444 |
FORT WAYNE's loan sizing saw the bucket of loans from $100,000 or less with 3,438 originations, totaling $171,250,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 4,211 | $1,068,925,000 | $253,841 |
| 60-80% | 2,012 | $543,600,000 | $270,179 |
| Under 20% | 1,779 | $72,045,000 | $40,497 |
| 20-40% | 1,530 | $138,730,000 | $90,673 |
| 40-60% | 830 | $135,740,000 | $163,542 |
| Over 100% | 95 | $68,555,000 | $721,632 |
FORT WAYNE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 4,211 originations, totaling $1,068,925,000 in origination value.