Greensburg Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Greensburg averaged
6.75%
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
6.88% and
one month ago for the week of 2025-05-15, the
average rate was 7.15%.
Greensburg's average rate one year ago was 6.89%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.21%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Greensburg 30 Year Fixed Rate | 2025-06-18 | 6.75% |
| Greensburg 30 Year Fixed Rate Refi | 2025-06-18 | 7.21% |
| Greensburg 15 Year Fixed Rate | 2025-06-18 | 5.76% |
| Greensburg 15 Year Fixed Rate Refi | 2025-06-18 | 5.86% |
| Greensburg 30 Year FHA | 2025-06-18 | 0.56% |
| Greensburg 30 Year FHA Refi | 2025-06-18 | 0% |
| Greensburg 30 Year USDA | 2025-06-18 | -0.2% |
| Greensburg 30 Year USDA Refi | 2025-06-18 | 0.2% |
| Greensburg 30 Year VA | 2025-06-18 | -0.1% |
| Greensburg 30 Year VA Refi | 2025-06-18 | -0.2% |
Greensburg 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 Greensburg, 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.).
Greensburg Average Closing Costs & Other Stats
Greensburg, IN's 33 lenders originated 606
loans during 2024. The total origination value was $94,550,000, with an average loan value of
$156,023.
Greensburg's average closing costs are $4,118.
The top Greensburg lender as defined by loan originations is GVC MORTGAGE, INC., with
33 loans originated. Their average total fees are
$5,282, which is $2,784
higher than the next largest lender,
First Financial Bank.
The lowest fee Greensburg lenders (with over 10 loans originated) are
RUOFF MORTGAGE COMPANY, INC. ($1,886), German American Bank ($2,311), First Financial Bank ($2,498), Centra Credit Union ($2,870) and GVC MORTGAGE, INC. ($5,282).
The lowest rate Greensburg lenders (with over 10 loans originated) are
First Financial Bank (6.66%), German American Bank (6.69%), GVC MORTGAGE, INC. (6.79%), RUOFF MORTGAGE COMPANY, INC. (6.83%) and Centra Credit Union (6.89%).
Greensburg, 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 |
|---|---|---|---|---|
| GVC MORTGAGE, INC. | $7,065,000 | $15,425,000 | 118.3% | 16.3% |
| First Financial Bank | $6,930,000 | $11,345,000 | 63.7% | 12.0% |
| FIRST COMMUNITY MORTGAGE, INC. | $5,020,000 | $5,780,000 | 15.1% | 6.1% |
| Centra Credit Union | $6,720,000 | $5,325,000 | -20.8% | 5.6% |
| German American Bank | $3,320,000 | $4,945,000 | 48.9% | 5.2% |
| First Federal Savings and Loan Association of Greensburg | $4,300,000 | $4,360,000 | 1.4% | 4.6% |
| RUOFF MORTGAGE COMPANY, INC. | $2,835,000 | $3,830,000 | 35.1% | 4.1% |
| Fifth Third Bank | $3,685,000 | $3,390,000 | -8.0% | 3.6% |
| UNITED WHOLESALE MORTGAGE, LLC | $175,000 | $3,140,000 | 1,694.3% | 3.3% |
| QUICKEN LOANS, LLC | $3,955,000 | $2,900,000 | -26.7% | 3.1% |
| Jackson County Bank | $3,430,000 | $1,580,000 | -53.9% | 1.7% |
| Mortgage Research Center, LLC | $1,395,000 | $1,450,000 | 3.9% | 1.5% |
| LOANDEPOT.COM, LLC | $735,000 | $1,395,000 | 89.8% | 1.5% |
| NEWREZ LLC | $1,065,000 | $1,305,000 | 22.5% | 1.4% |
| Union Savings And Loan Association | $1,160,000 | $1,275,000 | 9.9% | 1.3% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $1,030,000 | $1,110,000 | 7.8% | 1.2% |
| Union Savings Bank | $1,030,000 | $885,000 | -14.1% | 0.9% |
| First Bank Richmond | $425,000 | $855,000 | 101.2% | 0.9% |
| Blue Ridge Bank | $825,000 | n/a | 0.9% | |
| HONDA Federal Credit Union | $545,000 | $815,000 | 49.5% | 0.9% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,710,000 | $795,000 | -53.5% | 0.8% |
| HALLMARK HOME MORTGAGE, LLC | $310,000 | $755,000 | 143.5% | 0.8% |
| Farm Credit Mid-America, ACA | $860,000 | $735,000 | -14.5% | 0.8% |
| MJW Financial LLC | $495,000 | $705,000 | 42.4% | 0.7% |
| GUILD MORTGAGE COMPANY | $700,000 | n/a | 0.7% | |
| CROSSCOUNTRY MORTGAGE, LLC | $270,000 | $695,000 | 157.4% | 0.7% |
| NATIONS DIRECT MORTGAGE, LLC | $605,000 | n/a | 0.6% | |
| The Huntington National Bank | $460,000 | $600,000 | 30.4% | 0.6% |
| BROKER SOLUTIONS, INC. | $130,000 | $595,000 | 357.7% | 0.6% |
| PNC Bank | $680,000 | $585,000 | -14.0% | 0.6% |
| GENEVA FINANCIAL, LLC | $555,000 | n/a | 0.6% | |
| Mr. Cooper ( Nationstar Mortgage ) | $855,000 | $530,000 | -38.0% | 0.6% |
| U.S. Bank | $515,000 | $500,000 | -2.9% | 0.5% |
| FREEDOM MORTGAGE CORPORATION | $760,000 | $450,000 | -40.8% | 0.5% |
| PENNYMAC LOAN SERVICES, LLC | $120,000 | $450,000 | 275.0% | 0.5% |
| INDIANA MEMBERS CREDIT UNION | $445,000 | n/a | 0.5% | |
| CMG MORTGAGE, INC. | $435,000 | n/a | 0.5% | |
| FCN Bank | $325,000 | $420,000 | 29.2% | 0.4% |
| CALCON MUTUAL MORTGAGE LLC | $410,000 | n/a | 0.4% | |
| NEW DAY FINANCIAL, LLC | $410,000 | n/a | 0.4% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $400,000 | n/a | 0.4% | |
| ZILLOW HOME LOANS, LLC | $400,000 | n/a | 0.4% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $395,000 | n/a | 0.4% | |
| ROYAL UNITED MORTGAGE LLC | $175,000 | $385,000 | 120.0% | 0.4% |
| Figure Lending LLC | $95,000 | $355,000 | 273.7% | 0.4% |
| VILLAGE CAPITAL MORTGAGE | $355,000 | n/a | 0.4% | |
| JPMorgan Chase Bank | $330,000 | $350,000 | 6.1% | 0.4% |
| PLANET HOME LENDING, LLC | $345,000 | n/a | 0.4% | |
| Prosperity Home Mortgage, LLC | $245,000 | $345,000 | 40.8% | 0.4% |
| Guardian Savings Bank, A Federal Savings Bank | $335,000 | n/a | 0.4% | |
| Horizon Bank | $165,000 | $335,000 | 103.0% | 0.4% |
| LAKEVIEW LOAN SERVICING, LLC | $305,000 | n/a | 0.3% | |
| Citizens Bank | $45,000 | $285,000 | 533.3% | 0.3% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $275,000 | n/a | 0.3% | |
| The Peoples State Bank | $275,000 | n/a | 0.3% | |
| USAA Federal Savings Bank | $275,000 | $275,000 | 0.0% | 0.3% |
| NAVY FEDERAL CREDIT UNION | $45,000 | $270,000 | 500.0% | 0.3% |
| Discover Bank | $120,000 | $265,000 | 120.8% | 0.3% |
| FIRST COLONY MORTGAGE CORPORATION | $255,000 | n/a | 0.3% | |
| Loan Simple, Inc. | $5,000 | $255,000 | 5,000.0% | 0.3% |
| Texana Bank | $245,000 | n/a | 0.3% | |
| Barrington Bank & Trust Company, N.A. | $225,000 | n/a | 0.2% | |
| NATIONS RELIABLE LENDING, LLC | $215,000 | n/a | 0.2% | |
| Equity Prime Mortgage LLC | $105,000 | $185,000 | 76.2% | 0.2% |
| LOANPAL, LLC | $165,000 | n/a | 0.2% | |
| 21ST MORTGAGE CORPORATION | $155,000 | n/a | 0.2% | |
| AMERICAN FINANCING CORPORATION | $155,000 | n/a | 0.2% | |
| FORUM Credit Union | $390,000 | $155,000 | -60.3% | 0.2% |
| Carrington Mortgage Services, LLC | $320,000 | $150,000 | -53.1% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $145,000 | n/a | 0.2% | |
| GENERAL ELECTRIC CREDIT UNION | $325,000 | $145,000 | -55.4% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $145,000 | n/a | 0.2% | |
| ENDEAVOR CAPITAL, LLC. | $135,000 | n/a | 0.1% | |
| OCMBC, INC. | $135,000 | n/a | 0.1% | |
| EMERY FEDERAL CREDIT UNION | $105,000 | n/a | 0.1% | |
| LENDINGHOME FUNDING CORPORATION | $115,000 | $105,000 | -8.7% | 0.1% |
| Elements Financial Federal Credit Union | $90,000 | $90,000 | 0.0% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $125,000 | $75,000 | -40.0% | 0.1% |
| Regions Bank | $75,000 | n/a | 0.1% | |
| Civista Bank | $1,105,000 | $45,000 | -95.9% | 0.0% |
| Old National Bank | $45,000 | n/a | 0.0% | |
| The Friendship State Bank | $170,000 | $45,000 | -73.5% | 0.0% |
Greensburg's top lender by overall market share is GVC MORTGAGE, INC., with 16.3% market share. In second place, with 12.0%, is First Financial Bank, having originated $11,345,000 in loans. In third place, with 6.1%, is FIRST COMMUNITY MORTGAGE, INC., having originated $5,780,000 in loans. In fourth place, with 5.6%, is Centra Credit Union, having originated $5,325,000 in loans. In fifth place, with 5.2%, is German American Bank, having originated $4,945,000 in loans.
Greensburg, IN Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 301 | $60,015,000 | $199,385 |
| Cash Out Refi | 95 | $13,755,000 | $144,789 |
| Other | 86 | $5,250,000 | $61,047 |
| Refi | 74 | $12,640,000 | $170,811 |
| Home Improvement | 50 | $2,890,000 | $57,800 |
Greensburg's most frequently cited loan purpose was Home Purchase, with 301 originations. The 2nd most popular reason was Cash Out Refi, with 95 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 255 | $45,475,000 | $178,333 |
| 7-8% | 111 | $20,655,000 | $186,081 |
| Over 8% | 97 | $7,365,000 | $75,928 |
| 5-6% | 74 | $12,320,000 | $166,486 |
| <2.5% | 23 | $1,215,000 | $52,826 |
| 3-4% | 2 | $60,000 | $30,000 |
| 4-5% | 1 | $155,000 | $155,000 |
During 2024, Greensburg's most frequently originated rate bucket was 6-7%, with 255 originations.
Loan Sizing (Greensburg, IN MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 249 | $37,685,000 | $151,345 |
| $100,000 or less | 198 | $9,340,000 | $47,172 |
| $200k-400k | 142 | $37,820,000 | $266,338 |
| $400k-600k | 11 | $4,925,000 | $447,727 |
| $600k-1000k | 4 | $2,710,000 | $677,500 |
| $Over $1MM | 2 | $2,070,000 | $1,035,000 |
Greensburg's loan sizing saw the bucket of loans from $100k-200k with 249 originations, totaling $37,685,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 225 | $48,585,000 | $215,933 |
| 60-80% | 102 | $19,880,000 | $194,902 |
| Under 20% | 98 | $3,140,000 | $32,041 |
| 20-40% | 83 | $6,505,000 | $78,373 |
| 40-60% | 46 | $6,350,000 | $138,043 |
| Over 100% | 5 | $1,035,000 | $207,000 |
Greensburg's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 225 originations, totaling $48,585,000 in origination value.