INDIANAPOLIS - CARMEL - ANDERSON Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Indianapolis - Carmel - Anderson averaged 6.32% for the week of 2024-10-10, compared to the national average of 6.32% for the same period.

The average rate for the prior week (2024-10-03) was 5.82% and one month ago for the week of 2024-09-05, the average rate was 6.15%.

Indianapolis - Carmel - Anderson's average rate one year ago was 7.39%.

For refis of the same type during the week of 2024-10-10, the average rate was 6.43%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-10 6.32%
Indianapolis - Carmel - Anderson 30 Year Fixed Rate 2024-10-10 6.32%
Indianapolis - Carmel - Anderson 30 Year Fixed Rate Refi 2024-10-10 6.43%
Indianapolis - Carmel - Anderson 15 Year Fixed Rate 2024-10-10 5.66%
Indianapolis - Carmel - Anderson 15 Year Fixed Rate Refi 2024-10-10 6.24%
Indianapolis - Carmel - Anderson 30 Year FHA 2024-10-10 6.09%
Indianapolis - Carmel - Anderson 30 Year FHA Refi 2024-10-10 5.97%
Indianapolis - Carmel - Anderson 30 Year USDA 2024-10-10 6.02%
Indianapolis - Carmel - Anderson 30 Year USDA Refi 2024-10-10 5.88%
Indianapolis - Carmel - Anderson 30 Year VA 2024-10-10 5.64%
Indianapolis - Carmel - Anderson 30 Year VA Refi 2024-10-10 4.99%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within INDIANAPOLIS-CARMEL-ANDERSON, IN.

INDIANAPOLIS - CARMEL - ANDERSON 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 INDIANAPOLIS-CARMEL-ANDERSON, 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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
GVC MORTGAGE, INC. 1,144 6.97% $5,203
EAGLE HOME MORTGAGE, LLC 1,041 5.51% $4,557
QUICKEN LOANS, LLC 1,027 6.81% $5,749
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 937 7.03% $3,880
UNITED WHOLESALE MORTGAGE, LLC 901 6.83% $5,846
RUOFF MORTGAGE COMPANY, INC. 838 6.89% $3,492
CALIBER HOME LOANS, INC. 837 6.76% $3,861
MJW Financial LLC 743 6.97% $4,455
JPMorgan Chase Bank 629 6.78% $3,620
NEWREZ LLC 531 7.33% $4,399
CROSSCOUNTRY MORTGAGE, LLC 505 7.14% $4,945
PULTE MORTGAGE LLC 484 6.05% $2,022
The Huntington National Bank 477 6.70% $3,864
Union Savings Bank 438 6.43% $1,851
DHI MORTGAGE COMPANY, LTD. 416 5.43% $2,315
Elements Financial Federal Credit Union 375 6.57% $3,320
VANDERBILT MORTGAGE AND FINANCE, INC. 351 6.20% $6,109
FORUM Credit Union 309 6.57% $2,932
Fifth Third Bank 287 6.66% $3,780
M/I FINANCIAL, LLC 283 6.13% $10,177
First Merchants Bank 278 6.71% $3,098
INDIANA MEMBERS CREDIT UNION 248 6.19% $3,038
HALLMARK HOME MORTGAGE, LLC 232 7.06% $5,202
Old National Bank 191 6.32% $2,997
Regions Bank 187 6.65% $3,628
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 175 7.05% $4,979
PNC Bank 172 6.74% $3,167
TUCKER MORTGAGE, LLC 170 7.06% $3,503
The Federal Savings Bank 159 6.97% $6,073
UNION HOME MORTGAGE CORP. 157 7.19% $4,970
FIRST COMMUNITY MORTGAGE, INC. 152 7.20% $5,186
GUARANTEED RATE, INC. 151 6.85% $4,586
Wolfe Financial, Inc 143 7.19% $4,381
Centier Bank 140 7.17% $2,279
THRIVE MORTGAGE, LLC 139 6.77% $3,590
NVR Mortgage Finance, Inc. 133 6.14% $6,229
MILESTONE HOME LENDING, LLC 121 7.11% $4,449
Flagstar Bank, FSB 119 7.14% $4,274
Wells Fargo Bank 114 6.42% $4,434
The State Bank and Trust Company 113 6.64% $3,273
VICTORY MORTGAGE, L.L.C. 112 6.31% $2,611
Northpointe Bank 109 6.98% $6,456
BROKER SOLUTIONS, INC. 105 7.10% $6,337
Jackson County Bank 105 6.05% $3,926
KeyBank 104 6.83% $3,900
Merchants Bank of Indiana 99 6.25% $2,829
TEACHERS CREDIT UNION 96 6.89% $3,044
First Financial Bank 91 6.69% $3,224
Mr. Cooper ( Nationstar Mortgage ) 87 6.77% $7,611
PROVIDENT FUNDING ASSOCIATES, L.P. 85 6.57% $3,507
Bank of America 84 6.41% $2,746
LOANDEPOT.COM, LLC 80 6.79% $6,031
U.S. Bank 79 6.67% $3,292
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 78 6.84% $3,954
First Option Mortgage, LLC 77 7.18% $6,835
PRIMELENDING, A PLAINSCAPITAL COMPANY 69 7.03% $4,853
Centra Credit Union 67 6.41% $2,715
Citizens Bank 66 6.88% $4,142
EUSTIS AND AMERICAN MORTGAGE COMPANY 65 6.99% $5,138
STAR Financial Bank 64 6.25% $3,277
FIRST EQUITY MORTGAGE INCORPORATED 63 6.39% $8,210
ROYAL UNITED MORTGAGE LLC 63 6.88% $6,492
FREEDOM MORTGAGE CORPORATION 62 6.93% $7,313
NAVY FEDERAL CREDIT UNION 62 6.89% $3,803
Prosperity Home Mortgage, LLC 60 7.01% $3,390
PENNYMAC LOAN SERVICES, LLC 59 6.58% $6,086
BMO Harris Bank 56 6.79% $4,023
Stock Yards Bank & Trust Company 54 5.69% $2,769
MOVEMENT MORTGAGE, LLC 54 6.51% $6,872
Horizon Bank 49 7.03% $2,883
Morgan Stanley Private Bank 49 6.02% $2,888
Advisors Mortgage Group, L.L.C. 49 6.75% $2,283
Bank of England 48 7.03% $4,900
Mutual Savings Bank 47 5.43% $5,351
WesBanco 47 6.46% $5,975
MUTUAL OF OMAHA MORTGAGE, INC. 45 6.82% $6,336
Busey Bank 43 6.69% $2,639
AMERISAVE MORTGAGE CORPORATION 39 6.39% $8,705
Greenfield Banking Company 38 6.68% $3,000
Farm Credit Mid-America, ACA 38 7.06% $6,653
Sierra Pacific Mortgage Company, Inc. 37 7.07% $6,692
PURDUE FEDERAL CREDIT UNION 34 6.53% $3,001
First Financial Bank 33 6.92% $3,102
BETTER MORTGAGE CORPORATION 32 6.11% $2,889
INDIANA UNIVERSITY CREDIT UNION 32 6.39% $2,078
First Internet Bank of Indiana 32 6.20% $2,335
LEADERONE FINANCIAL CORPORATION 32 7.01% $4,962
Nations Lending Corporation 31 6.77% $3,758
Gateway First Bank 31 6.77% $4,517
Mortgage Research Center, LLC 30 6.70% $3,863
ZILLOW HOME LOANS, LLC 30 6.95% $4,282
USAA Federal Savings Bank 30 6.69% $3,848
First National Bank of America 29 10.26% $8,239
GUILD MORTGAGE COMPANY 27 7.15% $5,174
Northwest Bank 27 6.25% $4,014
EVERETT FINANCIAL, INC. 27 7.34% $5,198
First Farmers Bank and Trust Company 27 7.06% $2,855
DRAPER AND KRAMER MORTGAGE CORP. 27 6.70% $3,227
AmeriHome Mortgage Company, LLC 25 6.84% $5,021
Blue Ridge Bank 25 7.06% $3,546
SIRVA MORTGAGE, INC. 24 6.78% $807
Community First Bank of Indiana 24 6.77% $3,027
HOMESIDE FINANCIAL, LLC 24 6.93% $4,567
BAY EQUITY LLC 23 6.67% $5,314
NBKC BANK 23 6.82% $2,472
CHURCHILL MORTGAGE CORPORATION 22 6.89% $4,577
PLAZA HOME MORTGAGE, INC. 22 7.23% $4,370
CMG MORTGAGE, INC. 22 6.82% $5,513
Third Federal Savings and Loan Association of Cleveland 21 5.89% $1,801
Grand Bank for Savings, FSB 21 9.54% $4,224
Three Rivers Federal Credit Union 20 7.09% $3,183
Carrington Mortgage Services, LLC 20 6.52% $7,805
Discover Bank 19 7.18% $0
Truist 19 6.54% $3,694
PHH Mortgage Corporation 19 6.92% $4,842
Ally Bank 18 6.49% $5,454
German American Bank 17 6.82% $2,768
DAS Acquisition Company, LLC 17 7.08% $4,975
Stifel Bank and Trust 17 6.00% $1,956
Lake City Bank 17 6.57% $2,853
United Fidelity Funding Corp. 17 6.61% $12,770
First Bank Richmond 15 6.42% $3,879
JLB CORPORATION 15 6.79% $5,905
GSF Mortgage Corporation 15 6.55% $4,256
Plains Commerce Bank 15 7.04% $4,702
PREMIA MORTGAGE, LLC 15 6.41% $1,271
FIRST CENTENNIAL MORTGAGE CORPORATION 14 6.77% $4,790
STOCKTON MORTGAGE CORPORATION 14 7.23% $5,094
Paramount Residential Mortgage Group, Inc. 14 7.50% $7,663
GUIDANCE RESIDENTIAL, LLC 14 7.14% $4,269
GREENSTATE CREDIT UNION 14 6.53% $2,617
OPEN MORTGAGE, LLC 13 7.14% $6,379
UBS Bank USA 13 6.19% $3,211
PENTAGON FEDERAL CREDIT UNION 13 6.38% $3,804
ENDEAVOR CAPITAL, LLC. 12 6.96% $5,657
Atlantic Union Bank 12 6.68% $3,469
FLAT BRANCH MORTGAGE, INC. 12 7.71% $4,081
EVANSVILLE TEACHERS 12 6.99% $2,497
NexBank 11 8.05% $6,239
The Loan Store, Inc. 11 6.95% $4,353
LOANPAL, LLC 11 6.93% $6,565
LAKEVIEW LOAN SERVICING, LLC 11 6.84% $6,821
CRANE 11 6.65% $2,010
Loan Simple, Inc. 11 4.03% $3,934
AMERICAN FINANCIAL NETWORK, INC. 11 7.19% $6,258
Baxter Credit Union 11 6.59% $2,883
ARC HOME LLC 11 8.81% $11,599
Barrington Bank & Trust Company, N.A. 11 7.22% $3,925
DEVELOPER'S MORTGAGE COMPANY 10 7.50% $7,543
First Federal Savings and Loan Association of Lakewood 10 6.38% $4,425
Independent Federal Credit Union 10 6.63% $2,690
UIF CORPORATION 10 7.32% $3,942
Guardian Savings Bank, A Federal Savings Bank 9 6.32% $2,091
MICHIGAN MUTUAL, INC. 9 7.12% $4,676
VAN DYK MORTGAGE CORPORATION 9 7.04% $3,677
BAYSHORE MORTGAGE FUNDING, LLC 9 7.11% $6,096
CARDINAL FINANCIAL 9 6.89% $5,368
V.I.P. MORTGAGE, INC. 9 7.25% $4,980
ALLIED MORTGAGE GROUP, INC. 9 7.00% $6,919
DEEPHAVEN MORTGAGE LLC 8 8.72% $8,566
American Mortgage & Equity Consultants, Inc. 8 7.22% $3,526
Charles Schwab Bank, SSB 8 5.71% $3,327
Citizens State Bank of New Castle 8 7.02% $2,514
CORNERSTONE HOME LENDING, INC. 8 6.97% $3,030
FAIR WAY LENDING LLC 8 7.28% $4,946
GENEVA FINANCIAL, LLC 8 6.83% $5,286
LAKE MICHIGAN CREDIT UNION 8 6.09% $3,447
Raymond James Bank 8 5.44% $3,219
SUCCESS MORTGAGE PARTNERS, INC. 8 6.78% $5,705
WINTERWOOD MORTGAGE GROUP, LLC 8 6.51% $35,091
Security Federal Savings Bank 7 6.29% $2,602
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 7 7.07% $6,018
Ixonia Bank 7 6.95% $4,989
GUARANTEED RATE AFFINITY, LLC 7 6.56% $3,410
Waterstone Mortgage Corporation 7 6.86% $4,133
Warsaw Federal Savings and Loan Association 7 6.94% $3,947
Neighborhood Loans, Inc. 7 7.21% $4,003
MEMBER FIRST MORTGAGE, LLC 7 7.09% $3,389
NATIONWIDE MORTGAGE BANKERS, INC. 7 7.05% $6,586
M&T Bank 6 6.88% $6,375
Notre Dame Federal Credit Union Corporation 6 7.00% $4,903
PACIFIC RESIDENTIAL MORTGAGE, LLC 6 6.60% $8,189
Century Mortgage Company DBA Century Lending Company 6 7.04% $8,340
WINGS FINANCIAL 6 5.52% $3,573
General Mortgage Capital Corporation 6 7.10% $3,673
1st Source Bank 6 6.54% $4,517
ON Q FINANCIAL, INC. 6 7.58% $6,048
BNC National Bank 6 6.25% $4,383
DIGITAL Federal Credit Union 6 6.10% $3,856
AMERICAN PACIFIC MORTGAGE CORPORATION 6 7.10% $5,134
First Federal Savings Bank 6 7.10% $3,594
AMERICAN FINANCING CORPORATION 6 6.68% $7,877
Equity Prime Mortgage LLC 5 6.78% $5,083
Servion, Inc. 5 6.80% $3,788
PLANET HOME LENDING, LLC 5 5.93% $4,379
CHERRY CREEK MORTGAGE, LLC 5 6.90% $585
T2 FINANCIAL LLC 5 6.33% $4,295
Paramount Bank 5 7.15% $2,108
1st National Bank 5 7.45% $6,421
NFM, INC. 5 7.32% $6,181
EMBRACE HOME LOANS, INC. 5 6.70% $6,877
AMERICAN FINANCE HOUSE LARIBA 5 6.55% $2,755
North American Savings Bank, F.S.B. 5 6.78% $2,432
RELIANCE FIRST CAPITAL, LLC 5 7.70% $8,073
CIBM Bank 5 6.40% $5,172
ARK-LA-TEX FINANCIAL SERVICES, LLC. 5 7.13% $4,009
TOP FLITE FINANCIAL, INC. 5 6.80% $8,783
Citadel Servicing Corporation 4 9.06% $9,269
1ST SIGNATURE LENDING, LLC 4 6.59% $7,423
LENOX FINANCIAL MORTGAGE CORPORATION 4 6.97% $4,951
Goldman Sachs Bank USA 4 5.34% $4,014
BNY Mellon 4 6.34% $5,232
Dollar Bank, Federal Savings Bank 4 6.94% $4,550
Madison County Federal Credit Union 4 7.78% $3,210
Magnolia Bank 4 6.90% $7,911
BEACON CREDIT UNION 4 6.56% $2,446
HOMEBRIDGE FINANCIAL SERVICES, INC. 4 7.12% $5,233
Solidarity Community Federal Credit Union 4 6.63% $2,749
Deere Employees Credit Union 4 5.78% $2,626
First Savings Bank 4 7.06% $4,534
HOMEXPRESS MORTGAGE CORP. 4 9.03% $8,122
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 4 7.53% $4,705
MORTGAGE MASTERS OF INDIANA, INC. 4 6.50% $2,536
The Farmers & Merchants State Bank 4 6.44% $4,524
FEDEX EMPLOYEES CREDIT ASSOCIATION 4 6.84% $3,461
Arvest Bank 4 6.50% $10,272
TJC Mortgage, Inc. 4 7.69% $6,814
NATIONS RELIABLE LENDING, LLC 4 6.84% $4,675
University Bank 4 6.65% $3,209
City National Bank 4 6.73% $3,841
Citibank 4 6.16% $4,555
PARTNERS 1ST Federal Credit Union 4 6.88% $2,975
CITIZENS EQUITY FIRST 3 6.38% $2,286
The Fountain Trust Company 3 6.46% $2,227
HOWARD HANNA FINANCIAL SERVICES, INC. 3 6.96% $3,076
DELMAR FINANCIAL COMPANY 3 6.75% $4,698
The Riddell National Bank 3 6.13% $2,487
ANGEL OAK MORTGAGE SOLUTIONS LLC 3 8.96% $10,103
COMPASS MORTGAGE, INC. 3 6.46% $4,814
NATIONS DIRECT MORTGAGE, LLC 3 7.83% $6,635
AMERICAN INTERNET MORTGAGE, INC. 3 6.33% $3,261
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 3 7.38% $3,980
RBC Bank, (Georgia) 3 5.88% $1,373
Farmers Bank & Trust 3 6.37% $2,323
WRIGHT-PATT CREDIT UNION, INC. 3 6.83% $2,940
ALLIANT CREDIT UNION 3 6.54% $2,955
First Federal Savings Bank 3 7.13% $2,211
ALAMEDA MORTGAGE CORPORATION 3 6.54% $3,536
Quontic Bank 3 9.08% $8,535
Academy Bank 3 6.50% $2,219
LENDSURE MORTGAGE CORP. 3 8.29% $12,067
FIRST STATE MORTGAGE SERVICES, LLC 3 7.00% $3,237
First State Bank of St. Charles, Missouri 3 6.79% $2,941
FORT FINANCIAL Federal Credit Union 3 6.33% $3,259
NORWICH COMMERCIAL GROUP, INC. 3 6.71% $7,433
GENERAL ELECTRIC CREDIT UNION 3 5.54% $2,432
POLARIS HOME FUNDING CORP. 3 6.63% $7,984
MORTGAGE ACCESS CORP. 3 6.67% $8,078
First Federal Bank 3 6.46% $4,596
Morton Community Bank 3 6.71% $2,432
ENVOY MORTGAGE, LTD 2 7.00% $2,923
NP, Inc. 2 7.69% $12,317
Evolve Bank & Trust 2 6.50% $4,395
FIRST COLONY MORTGAGE CORPORATION 2 6.94% $2,051
NEXERA HOLDING LLC 2 9.50% $8,345
HOMESTEAD FUNDING CORP. 2 6.13% $2,093
RAPID MORTGAGE COMPANY 2 7.06% $8,868
ACADEMY MORTGAGE CORPORATION 2 6.88% $8,206
GUARANTY HOME MORTGAGE CORPORATION 2 6.56% $3,508
Watermark Capital, Inc. 2 6.63% $6,238
CANOPY MORTGAGE, LLC 2 6.75% $4,324
Strong Home Mortgage, LLC 2 7.31% $4,716
East Coast Capital Corp. 2 7.69% $10,272
Wyndham Capital Mortgage, Inc. 2 5.94% $3,829
INOVA FEDERAL CREDIT UNION 2 6.50% $2,180
Key Mortgage Services, Inc. 2 6.94% $3,950
PrimeTrust Financial Federal Credit Union 2 6.88% $2,027
CONSUMERS 2 7.63% $2,177
Goldwater Bank, N.A. 2 6.06% $5,659
OCMBC, INC. 2 9.75% $11,619
First Mid Bank & Trust 2 6.63% $6,406
HSBC BANK USA, NATIONAL ASSOCIATION 2 6.31% $4,475
First Western Trust Bank 2 6.31% $4,156
Encompass Lending Group, LP 2 7.12% $4,218
MID AMERICA MORTGAGE, INC. 2 6.38% $1,491
SECURITYNATIONAL MORTGAGE COMPANY 2 7.13% $10,395
KELLER MORTGAGE, LLC 2 5.75% $2,715
Ameris Bank 2 7.38% $4,100
Meridian Bank Corporation 2 6.75% $6,344
AMERICAN PORTFOLIO MORTGAGE CORPORATION 2 6.94% $3,558
Beeline Loans, Inc. 2 7.31% $5,069
HONDA Federal Credit Union 2 6.94% $2,229
First Federal Savings Bank 2 6.75% $4,047
First National Bank of Pennsylvania 2 6.69% $3,033
PARK COMMUNITY CREDIT UNION, INC. 2 6.19% $2,667
Independent Bank 2 6.81% $2,922
LAND HOME FINANCIAL SERVICES, INC. 2 6.75% $4,658
CRESCENT MORTGAGE COMPANY 2 6.69% $3,470
Farmers and Mechanics Federal Savings Bank 2 7.56% $1,220
First State Bank 1 6.75% $5,209
Fortress Bank 1 7.25% $3,285
FOUNDATION MORTGAGE CORPORATION 1 9.13% $12,505
First National Bank of Omaha 1 7.00% $4,061
First Horizon Bank 1 6.00% $3,816
Great Southern Bank 1 6.63% $2,855
First Federal Bank of the Midwest 1 5.25% $3,284
First Commonwealth Bank 1 6.13% $2,943
First-Citizens Bank & Trust Company 1 5.50% $3,806
First Bank & Trust 1 6.50% $4,518
Heritage Bank 1 5.75% $3,823
First Bank 1 6.75% $7,849
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 7.25% $6,638
Fidelity Bank 1 7.00% $3,897
Hometown Equity Mortgage, LLC 1 7.50% $9,827
IAA Credit Union 1 7.25% $2,076
INB 1 6.00% $2,794
Industrial Federal Credit Union 1 6.88% $3,333
INTERLINC MORTGAGE SERVICES, LLC 1 6.13% $4,156
INTOUCH CREDIT UNION 1 8.13% $7,931
EQUITY RESOURCES, INC. 1 7.63% $2,650
JET DIRECT FUNDING CORP 1 7.38% $7,591
KEMBA FINANCIAL 1 5.63% $6,126
EMM LOANS LLC 1 6.38% $22,036
Leader Bank 1 6.38% $2,446
EASTMAN 1 7.63% $3,000
L & N Federal Credit Union 1 6.75% $1,789
DIRECT MORTGAGE LOANS, LLC 1 7.50% $5,025
MidFirst Bank 1 6.85% $4,209
Midwest BankCentre 1 6.88% $2,908
1786 1 7.13% $3,993
MLD MORTGAGE INC. 1 6.63% $3,179
ML Mortgage Corp. 1 7.75% $16,895
Crossroads Bank 1 7.00% $1,974
MORIA DEVELOPMENT, INC. 1 7.38% $11,800
Credit Union 1 1 6.38% $3,725
Cornerstone First Mortgage, Inc 1 7.50% $11,288
MYCUMORTGAGE, LLC 1 8.00% $4,287
Community Mortgage Banc Corporation 1 6.13% $1,788
Commerce Bank 1 6.88% $2,334
NBH Bank 1 7.13% $3,189
Colonial Savings, F.A. 1 7.63% $4,035
NETWORK CAPITAL FUNDING CORPORATION 1 7.13% $4,736
CNB Bank And Trust, N.A. 1 5.50% $2,125
Clearview Federal Credit Union 1 6.89% $2,340
Civista Bank 1 6.63% $2,521
CITYWIDE HOME LOANS, LLC 1 6.99% $3,771
NOVA FINANCIAL & INVESTMENT CORPORATION 1 6.25% $1,925
City National Bank of Florida 1 6.00% $3,436
OAKTREE FUNDING CORP. 1 6.00% $0
ONY GLO, INC. 1 6.50% $2,860
PANORAMA MORTGAGE GROUP, LLC 1 7.50% $6,466
PARLAY MORTGAGE & PROPERTY, INC. 1 6.99% $6,713
Circle Federal Credit Union 1 6.13% $2,204
Peoples Bank 1 6.38% $2,368
CIBC Bank USA 1 5.75% $4,518
Chicago Mortgage Solutions LLC 1 5.45% $2,811
PLUS RELOCATION MORTGAGE, LLC 1 7.50% $2,413
CHEVRON 1 6.88% $3,146
POINT Mortgage 1 6.63% $3,296
PREMIER MORTGAGE RESOURCES, L.L.C. 1 9.50% $6,952
Presidential Bank, FSB 1 7.63% $9,267
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.88% $8,328
ProFed Federal Credit Union 1 7.00% $2,796
PROPER RATE, LLC 1 6.13% $2,600
Central Bank 1 6.38% $2,272
Providence Bank & Trust 1 7.50% $3,078
BMI Federal Credit Union 1 7.50% $2,192
Blackhawk Bank 1 6.38% $3,295
Renasant Bank 1 6.13% $4,741
RESIDENTIAL BANCORP 1 7.63% $5,886
Bethpage Federal Credit Union 1 6.00% $5,719
S1L, Inc. 1 6.63% $5,988
SeaTrust Mortgage Company 1 7.38% $3,278
SECURITY SERVICE 1 6.63% $5,996
Semper Home Loans, Inc. 1 7.13% $3,596
Bank of Springfield 1 7.18% $2,304
Specialized Loan Servicing LLC 1 7.88% $2,782
Bank-Fund Staff Federal Credit Union 1 5.63% $8,143
S&T Bank 1 6.00% $3,159
Bankers' Bank 1 7.25% $2,557
Axos Bank 1 6.38% $5,454
AXIA FINANCIAL, LLC 1 6.88% $10,280
SUN WEST MORTGAGE COMPANY, INC. 1 6.12% $1,565
Superior Credit Union, Inc. 1 7.25% $3,749
TECH Credit Union 1 6.88% $3,570
The Central Trust Bank 1 6.63% $6,165
THE EQUITABLE MORTGAGE CORPORATION 1 6.50% $2,629
Assurance Financial Group, L.L.C. 1 6.88% $4,376
The Fidelity Deposit and Discount Bank 1 7.38% $4,981
The Friendship State Bank 1 6.38% $3,647
Associated Bank 1 7.00% $2,355
The State Bank 1 6.00% $2,561
ANDREWS FEDERAL CREDIT UNION 1 7.13% $3,285
AmRes Corporation 1 8.38% $4,449
THRIVENT Federal Credit Union 1 5.00% $9,126
TOWNE MORTGAGE COMPANY 1 6.88% $2,425
Toyota Financial Savings Bank 1 7.63% $3,832
TRUWEST Credit Union 1 6.75% $3,603
UNIFY FINANCIAL Credit Union 1 6.35% $1,588
UNITED 1 6.75% $2,997
AMCAP MORTGAGE, LTD. 1 6.50% $5,363
United Nations Federal Credit Union 1 7.38% $3,520
Amarillo National Bank 1 6.63% $2,611
Alerus Financial 1 7.50% $6,127
Valley National Bank 1 6.63% $3,466
Alcova Mortgage LLC 1 6.75% $5,929
Adams Bank & Trust 1 6.63% $3,175
WESCOM CENTRAL CREDIT UNION 1 8.00% $2,929
Wilmington Savings Fund Society, FSB 1 7.75% $5,113
First United Bank and Trust Company 1 7.00% $3,779

INDIANAPOLIS - CARMEL - ANDERSON Average Closing Costs & Other Stats

INDIANAPOLIS-CARMEL-ANDERSON, IN's 410 lenders originated 51,049 loans during 2023. The total origination value was $13,968,535,000, with an average loan value of $273,630.

INDIANAPOLIS - CARMEL - ANDERSON's average closing costs are $4,054.

The top INDIANAPOLIS - CARMEL - ANDERSON lender as defined by loan originations is GVC MORTGAGE, INC., with 1,144 loans originated. Their average total fees are $5,203, which is $646 higher than the next largest lender, EAGLE HOME MORTGAGE, LLC.

The lowest fee INDIANAPOLIS - CARMEL - ANDERSON lenders (with over 10 loans originated) are Discover Bank ($0), SIRVA MORTGAGE, INC. ($807), PREMIA MORTGAGE, LLC ($1,271), Third Federal Savings and Loan Association of Cleveland ($1,801) and Union Savings Bank ($1,851).

The lowest rate INDIANAPOLIS - CARMEL - ANDERSON lenders (with over 10 loans originated) are Loan Simple, Inc. (4.03%), Mutual Savings Bank (5.43%), DHI MORTGAGE COMPANY, LTD. (5.43%), EAGLE HOME MORTGAGE, LLC (5.51%) and Stock Yards Bank & Trust Company (5.69%).

INDIANAPOLIS-CARMEL-ANDERSON, 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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Merchants Bank of Indiana $800,220,000 $631,110,000 -21.1% 4.5%
QUICKEN LOANS, LLC $686,570,000 $479,760,000 -30.1% 3.4%
Three Rivers Federal Credit Union $6,905,000 $475,030,000 6,779.5% 3.4%
EAGLE HOME MORTGAGE, LLC $332,235,000 $462,940,000 39.3% 3.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $571,620,000 $421,385,000 -26.3% 3.0%
GVC MORTGAGE, INC. $554,515,000 $407,225,000 -26.6% 2.9%
UNITED WHOLESALE MORTGAGE, LLC $432,480,000 $406,025,000 -6.1% 2.9%
The Huntington National Bank $577,220,000 $355,535,000 -38.4% 2.5%
CALIBER HOME LOANS, INC. $746,995,000 $341,415,000 -54.3% 2.4%
RUOFF MORTGAGE COMPANY, INC. $481,845,000 $306,305,000 -36.4% 2.2%
Old National Bank $272,865,000 $288,080,000 5.6% 2.1%
MJW Financial LLC $340,245,000 $278,700,000 -18.1% 2.0%
Elements Financial Federal Credit Union $339,905,000 $245,405,000 -27.8% 1.8%
NEWREZ LLC $74,405,000 $233,650,000 214.0% 1.7%
VANDERBILT MORTGAGE AND FINANCE, INC. $217,165,000 $231,980,000 6.8% 1.7%
First Merchants Bank $331,475,000 $216,110,000 -34.8% 1.5%
DHI MORTGAGE COMPANY, LTD. $192,285,000 $214,905,000 11.8% 1.5%
CROSSCOUNTRY MORTGAGE, LLC $249,535,000 $213,110,000 -14.6% 1.5%
JPMorgan Chase Bank $323,975,000 $213,025,000 -34.2% 1.5%
PULTE MORTGAGE LLC $213,770,000 $208,855,000 -2.3% 1.5%
Union Savings Bank $320,540,000 $207,520,000 -35.3% 1.5%
GREYSTONE SERVICING COMPANY LLC $225,740,000 $190,600,000 -15.6% 1.4%
PNC Bank $745,640,000 $183,770,000 -75.4% 1.3%
United Fidelity Bank, fsb $631,575,000 $183,240,000 -71.0% 1.3%
Fifth Third Bank $315,450,000 $180,470,000 -42.8% 1.3%
M&T Realty Capital Corporation $10,100,000 $173,730,000 1,620.1% 1.2%
INDIANA MEMBERS CREDIT UNION $237,990,000 $170,745,000 -28.3% 1.2%
FORUM Credit Union $229,395,000 $166,170,000 -27.6% 1.2%
The National Bank of Indianapolis $160,760,000 $163,325,000 1.6% 1.2%
Centier Bank $249,310,000 $163,055,000 -34.6% 1.2%
M/I FINANCIAL, LLC $161,725,000 $144,920,000 -10.4% 1.0%
Regions Bank $142,475,000 $143,765,000 0.9% 1.0%
Mortgage Research Center, LLC $145,770,000 $136,725,000 -6.2% 1.0%
Lake City Bank $49,560,000 $117,935,000 138.0% 0.8%
First Financial Bank $26,495,000 $110,330,000 316.4% 0.8%
WesBanco $65,400,000 $103,885,000 58.8% 0.7%
HALLMARK HOME MORTGAGE, LLC $141,580,000 $102,540,000 -27.6% 0.7%
Stock Yards Bank & Trust Company $28,455,000 $99,645,000 250.2% 0.7%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $101,495,000 $96,080,000 -5.3% 0.7%
FREEDOM MORTGAGE CORPORATION $196,800,000 $95,675,000 -51.4% 0.7%
TEACHERS CREDIT UNION $156,570,000 $84,825,000 -45.8% 0.6%
Horizon Bank $164,910,000 $84,090,000 -49.0% 0.6%
The Federal Savings Bank $71,435,000 $77,605,000 8.6% 0.6%
BMO Harris Bank $129,985,000 $77,435,000 -40.4% 0.6%
NVR Mortgage Finance, Inc. $163,830,000 $75,275,000 -54.1% 0.5%
UNION HOME MORTGAGE CORP. $64,165,000 $73,815,000 15.0% 0.5%
Merchants Capital Corp. $72,910,000 n/a 0.5%
GUARANTEED RATE, INC. $78,310,000 $71,700,000 -8.4% 0.5%
VICTORY MORTGAGE, L.L.C. $96,015,000 $67,515,000 -29.7% 0.5%
Barings Multifamily Capital $67,235,000 n/a 0.5%
FIRST COMMUNITY MORTGAGE, INC. $20,270,000 $65,690,000 224.1% 0.5%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $89,820,000 $64,620,000 -28.1% 0.5%
TUCKER MORTGAGE, LLC $90,780,000 $62,200,000 -31.5% 0.4%
Jackson County Bank $19,790,000 $61,495,000 210.7% 0.4%
NAVY FEDERAL CREDIT UNION $60,065,000 $59,490,000 -1.0% 0.4%
Bank of America $67,725,000 $58,770,000 -13.2% 0.4%
LOANDEPOT.COM, LLC $208,865,000 $58,290,000 -72.1% 0.4%
Northpointe Bank $72,150,000 $57,145,000 -20.8% 0.4%
STAR Financial Bank $57,935,000 $56,920,000 -1.8% 0.4%
BROKER SOLUTIONS, INC. $56,515,000 $53,445,000 -5.4% 0.4%
Flagstar Bank, FSB $179,395,000 $53,150,000 -70.4% 0.4%
MILESTONE HOME LENDING, LLC $42,145,000 $51,345,000 21.8% 0.4%
Citizens Bank $65,710,000 $49,925,000 -24.0% 0.4%
THRIVE MORTGAGE, LLC $2,270,000 $48,720,000 2,046.3% 0.3%
PENNYMAC LOAN SERVICES, LLC $67,895,000 $48,325,000 -28.8% 0.3%
U.S. Bank $81,140,000 $48,255,000 -40.5% 0.3%
Wolfe Financial, Inc $32,285,000 $48,130,000 49.1% 0.3%
The State Bank and Trust Company $25,860,000 $47,970,000 85.5% 0.3%
Wells Fargo Bank $272,705,000 $47,075,000 -82.7% 0.3%
INDIANA UNIVERSITY CREDIT UNION $52,765,000 $46,675,000 -11.5% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $112,125,000 $45,895,000 -59.1% 0.3%
ORIX REAL ESTATE CAPITAL, LLC $18,005,000 $44,415,000 146.7% 0.3%
Metropolitan Life Insurance Co $44,005,000 n/a 0.3%
KeyBank $536,865,000 $41,730,000 -92.2% 0.3%
Centra Credit Union $39,320,000 $39,090,000 -0.6% 0.3%
First Option Mortgage, LLC $74,055,000 $37,520,000 -49.3% 0.3%
German American Bank $26,240,000 $37,510,000 42.9% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $25,905,000 $37,415,000 44.4% 0.3%
FIRST EQUITY MORTGAGE INCORPORATED $45,250,000 $35,350,000 -21.9% 0.3%
UMB Bank $35,005,000 n/a 0.3%
Citizens Bank $65,710,000 $34,860,000 -46.9% 0.2%
Morgan Stanley Private Bank $14,325,000 $34,690,000 142.2% 0.2%
AMERISAVE MORTGAGE CORPORATION $84,265,000 $34,400,000 -59.2% 0.2%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $39,255,000 $33,755,000 -14.0% 0.2%
Arbor Realty Trust, Inc. $65,480,000 $33,030,000 -49.6% 0.2%
PROVIDENT FUNDING ASSOCIATES, L.P. $41,025,000 $32,495,000 -20.8% 0.2%
Greenfield Banking Company $21,070,000 $32,075,000 52.2% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $135,800,000 $31,050,000 -77.1% 0.2%
The Farmers Bank, Frankfort, Indiana $30,465,000 $30,420,000 -0.1% 0.2%
Home Bank SB $49,110,000 $29,750,000 -39.4% 0.2%
The North Salem State Bank $19,995,000 $29,345,000 46.8% 0.2%
USAA Federal Savings Bank $36,395,000 $28,650,000 -21.3% 0.2%
Prosperity Home Mortgage, LLC $13,445,000 $28,085,000 108.9% 0.2%
Carrington Mortgage Services, LLC $42,430,000 $27,700,000 -34.7% 0.2%
Discover Bank $13,520,000 $25,975,000 92.1% 0.2%
FINANCIAL CENTER FIRST CREDIT UNION $51,750,000 $25,415,000 -50.9% 0.2%
EUSTIS AND AMERICAN MORTGAGE COMPANY $41,175,000 $24,695,000 -40.0% 0.2%
Bank of England $25,720,000 $23,810,000 -7.4% 0.2%
MOVEMENT MORTGAGE, LLC $25,560,000 $23,260,000 -9.0% 0.2%
ROYAL UNITED MORTGAGE LLC $54,910,000 $21,725,000 -60.4% 0.2%
LOANPAL, LLC $16,220,000 $21,550,000 32.9% 0.2%
The Peoples State Bank $18,580,000 $19,895,000 7.1% 0.1%
LENDINGHOME FUNDING CORPORATION $8,970,000 $19,785,000 120.6% 0.1%
PLAZA HOME MORTGAGE, INC. $28,355,000 $19,240,000 -32.1% 0.1%
CRANE $19,650,000 $18,870,000 -4.0% 0.1%
Farm Credit Mid-America, ACA $22,665,000 $17,990,000 -20.6% 0.1%
Busey Bank $25,745,000 $17,900,000 -30.5% 0.1%
Advisors Mortgage Group, L.L.C. $25,010,000 $17,795,000 -28.8% 0.1%
First Farmers Bank and Trust Company $20,770,000 $17,310,000 -16.7% 0.1%
Mutual Savings Bank $25,090,000 $17,060,000 -32.0% 0.1%
First Financial Bank $26,495,000 $16,500,000 -37.7% 0.1%
Nations Lending Corporation $34,425,000 $15,875,000 -53.9% 0.1%
The Home National Bank of Thorntown $8,330,000 $15,640,000 87.8% 0.1%
Third Federal Savings and Loan Association of Cleveland $19,035,000 $15,295,000 -19.6% 0.1%
Figure Lending LLC $14,080,000 $15,040,000 6.8% 0.1%
Gateway First Bank $24,265,000 $14,685,000 -39.5% 0.1%
PURDUE FEDERAL CREDIT UNION $25,085,000 $14,595,000 -41.8% 0.1%
RF Renovo Management Company, LLC $480,000 $14,375,000 2,894.8% 0.1%
State Bank of Lizton $20,980,000 $14,300,000 -31.8% 0.1%
First National Bank $18,990,000 $14,190,000 -25.3% 0.1%
LEADERONE FINANCIAL CORPORATION $6,700,000 $14,090,000 110.3% 0.1%
NEW DAY FINANCIAL, LLC $29,115,000 $13,825,000 -52.5% 0.1%
Community First Bank of Indiana $23,185,000 $13,740,000 -40.7% 0.1%
GUILD MORTGAGE COMPANY $590,000 $12,515,000 2,021.2% 0.1%
Sierra Pacific Mortgage Company, Inc. $18,690,000 $12,370,000 -33.8% 0.1%
Northwest Bank $28,190,000 $12,355,000 -56.2% 0.1%
AmeriHome Mortgage Company, LLC $7,415,000 $12,050,000 62.5% 0.1%
EVERETT FINANCIAL, INC. $13,460,000 $11,975,000 -11.0% 0.1%
HOMESIDE FINANCIAL, LLC $21,815,000 $11,735,000 -46.2% 0.1%
LAKEVIEW LOAN SERVICING, LLC $57,385,000 $11,555,000 -79.9% 0.1%
Hendricks County Bank and Trust Company $11,465,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $13,265,000 $11,315,000 -14.7% 0.1%
SIRVA MORTGAGE, INC. $7,285,000 $11,265,000 54.6% 0.1%
CARDINAL FINANCIAL $25,345,000 $11,215,000 -55.8% 0.1%
NBKC BANK $12,745,000 $11,155,000 -12.5% 0.1%
First Internet Bank of Indiana $146,280,000 $11,075,000 -92.4% 0.1%
United Fidelity Funding Corp. $23,995,000 $11,045,000 -54.0% 0.1%
ENDEAVOR CAPITAL, LLC. $10,345,000 $11,040,000 6.7% 0.1%
CMG MORTGAGE, INC. $7,915,000 $11,005,000 39.0% 0.1%
TRIAD FINANCIAL SERVICES, INC. $11,330,000 $10,780,000 -4.9% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $23,935,000 $10,680,000 -55.4% 0.1%
Morton Community Bank $1,015,000 $10,480,000 932.5% 0.1%
BETTER MORTGAGE CORPORATION $34,455,000 $10,470,000 -69.6% 0.1%
EVANSVILLE TEACHERS $14,810,000 $10,460,000 -29.4% 0.1%
LIMA ONE CAPITAL, LLC $23,110,000 $10,175,000 -56.0% 0.1%
Plains Commerce Bank $1,805,000 $10,110,000 460.1% 0.1%
Stifel Bank and Trust $31,225,000 $10,100,000 -67.7% 0.1%
Truist $8,545,000 $10,005,000 17.1% 0.1%
TOP FLITE FINANCIAL, INC. $9,015,000 $9,995,000 10.9% 0.1%
UBS Bank USA $9,115,000 $9,865,000 8.2% 0.1%
Blue Ridge Bank $21,295,000 $9,515,000 -55.3% 0.1%
PENTAGON FEDERAL CREDIT UNION $17,635,000 $9,430,000 -46.5% 0.1%
BAY EQUITY LLC $6,535,000 $9,410,000 44.0% 0.1%
CBRE MULTIFAMILY CAPITAL, INC. $59,540,000 $9,315,000 -84.4% 0.1%
Paramount Residential Mortgage Group, Inc. $11,530,000 $8,900,000 -22.8% 0.1%
Century Mortgage Company DBA Century Lending Company $775,000 $8,770,000 1,031.6% 0.1%
First Bank Richmond $10,860,000 $8,330,000 -23.3% 0.1%
RELIANCE FIRST CAPITAL, LLC $9,050,000 $8,320,000 -8.1% 0.1%
PREMIA MORTGAGE, LLC $6,525,000 $8,195,000 25.6% 0.1%
Barrington Bank & Trust Company, N.A. $8,750,000 $8,060,000 -7.9% 0.1%
PLANET HOME LENDING, LLC $7,090,000 $7,675,000 8.3% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $7,585,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $13,360,000 $7,560,000 -43.4% 0.1%
JLB CORPORATION $32,335,000 $7,545,000 -76.7% 0.1%
1st Source Bank $28,820,000 $7,450,000 -74.1% 0.1%
Santander Bank, N.A. $7,345,000 n/a 0.1%
GUIDANCE RESIDENTIAL, LLC $1,985,000 $7,340,000 269.8% 0.1%
DAS Acquisition Company, LLC $1,220,000 $7,270,000 495.9% 0.1%
Raymond James Bank $11,110,000 $7,010,000 -36.9% 0.1%
STOCKTON MORTGAGE CORPORATION $2,300,000 $6,675,000 190.2% 0.0%
BNY Mellon $505,000 $6,660,000 1,218.8% 0.0%
V.I.P. MORTGAGE, INC. $4,235,000 $6,450,000 52.3% 0.0%
Prudential Huntoon Paige Associates, LLC $12,915,000 $6,415,000 -50.3% 0.0%
First National Bank of America $12,285,000 $6,350,000 -48.3% 0.0%
OPEN MORTGAGE, LLC $11,350,000 $6,310,000 -44.4% 0.0%
Equity Prime Mortgage LLC $6,565,000 $6,200,000 -5.6% 0.0%
ARC HOME LLC $13,080,000 $6,105,000 -53.3% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $13,860,000 $6,105,000 -56.0% 0.0%
First Federal Savings and Loan Association of Lakewood $2,640,000