Jasper Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Jasper averaged
6.9%
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
6.83% and
one month ago for the week of 2025-05-15, the
average rate was 6.7%.
Jasper's average rate one year ago was 7.04%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.31%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Jasper 30 Year Fixed Rate | 2025-06-18 | 6.9% |
| Jasper 30 Year Fixed Rate Refi | 2025-06-18 | 7.31% |
| Jasper 15 Year Fixed Rate | 2025-06-18 | 5.96% |
| Jasper 15 Year Fixed Rate Refi | 2025-06-18 | 6.26% |
| Jasper 30 Year FHA | 2025-06-18 | 0.11% |
| Jasper 30 Year FHA Refi | 2025-06-18 | -0.2% |
| Jasper 30 Year USDA | 2025-06-18 | -0.2% |
| Jasper 30 Year USDA Refi | 2025-06-18 | -0.1% |
| Jasper 30 Year VA | 2025-06-18 | -0.2% |
| Jasper 30 Year VA Refi | 2025-06-18 | -0.2% |
Jasper 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 Jasper, 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.).
Jasper Average Closing Costs & Other Stats
Jasper, IN's 52 lenders originated 959
loans during 2024. The total origination value was $138,475,000, with an average loan value of
$144,395.
Jasper's average closing costs are $3,863.
The top Jasper lender as defined by loan originations is German American Bank, with
84 loans originated. Their average total fees are
$2,494, which is $582
lower than the next largest lender,
Fifth Third Bank.
The lowest fee Jasper lenders (with over 10 loans originated) are
First Federal Savings Bank ($2,346), German American Bank ($2,494), EVANSVILLE TEACHERS ($2,532), Old National Bank ($2,612) and Fifth Third Bank ($3,075).
The lowest rate Jasper lenders (with over 10 loans originated) are
German American Bank (6.59%), Fifth Third Bank (6.69%), Old National Bank (6.74%), EVANSVILLE TEACHERS (6.82%) and QUICKEN LOANS, LLC (6.85%).
Jasper, 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 |
|---|---|---|---|---|
| German American Bank | $33,325,000 | $34,380,000 | 3.2% | 24.8% |
| Fifth Third Bank | $13,080,000 | $10,440,000 | -20.2% | 7.5% |
| QUICKEN LOANS, LLC | $7,225,000 | $8,805,000 | 21.9% | 6.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $5,965,000 | $6,675,000 | 11.9% | 4.8% |
| EVANSVILLE TEACHERS | $4,215,000 | $6,550,000 | 55.4% | 4.7% |
| Old National Bank | $9,435,000 | $5,750,000 | -39.1% | 4.2% |
| FBC MORTGAGE, LLC | $1,740,000 | $3,740,000 | 114.9% | 2.7% |
| FREEDOM MORTGAGE CORPORATION | $980,000 | $3,575,000 | 264.8% | 2.6% |
| MORTGAGE MASTERS OF INDIANA, INC. | $1,420,000 | $2,710,000 | 90.8% | 2.0% |
| Mortgage Research Center, LLC | $1,700,000 | $2,305,000 | 35.6% | 1.7% |
| CRANE | $5,715,000 | $2,195,000 | -61.6% | 1.6% |
| American Mortgage & Equity Consultants, Inc. | $2,175,000 | n/a | 1.6% | |
| First Federal Savings Bank | $3,785,000 | $2,170,000 | -42.7% | 1.6% |
| Flagstar Bank, FSB | $2,145,000 | n/a | 1.5% | |
| LNB COMMUNITY BANK | $1,365,000 | $1,815,000 | 33.0% | 1.3% |
| Heritage Federal Credit Union | $615,000 | $1,710,000 | 178.0% | 1.2% |
| The Loan Store, Inc. | $1,705,000 | n/a | 1.2% | |
| INDIANA UNIVERSITY CREDIT UNION | $205,000 | $1,355,000 | 561.0% | 1.0% |
| Bank of England | $1,165,000 | $1,275,000 | 9.4% | 0.9% |
| Century Mortgage Company DBA Century Lending Company | $320,000 | $1,145,000 | 257.8% | 0.8% |
| PLAZA HOME MORTGAGE, INC. | $290,000 | $945,000 | 225.9% | 0.7% |
| Farm Credit Mid-America, ACA | $490,000 | $890,000 | 81.6% | 0.6% |
| INTERLINC MORTGAGE SERVICES, LLC | $890,000 | n/a | 0.6% | |
| Plains Commerce Bank | $475,000 | $890,000 | 87.4% | 0.6% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $460,000 | $875,000 | 90.2% | 0.6% |
| FIRST COMMUNITY MORTGAGE, INC. | $860,000 | n/a | 0.6% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $855,000 | n/a | 0.6% | |
| NEWREZ LLC | $195,000 | $855,000 | 338.5% | 0.6% |
| Loan Simple, Inc. | $785,000 | n/a | 0.6% | |
| The Huntington National Bank | $205,000 | $675,000 | 229.3% | 0.5% |
| CMG MORTGAGE, INC. | $655,000 | n/a | 0.5% | |
| Mr. Cooper ( Nationstar Mortgage ) | $435,000 | $655,000 | 50.6% | 0.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $410,000 | $610,000 | 48.8% | 0.4% |
| RUOFF MORTGAGE COMPANY, INC. | $370,000 | $605,000 | 63.5% | 0.4% |
| USAA Federal Savings Bank | $115,000 | $585,000 | 408.7% | 0.4% |
| ROYAL UNITED MORTGAGE LLC | $300,000 | $550,000 | 83.3% | 0.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $460,000 | $505,000 | 9.8% | 0.4% |
| GVC MORTGAGE, INC. | $735,000 | $500,000 | -32.0% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $655,000 | $495,000 | -24.4% | 0.4% |
| BROKER SOLUTIONS, INC. | $105,000 | $465,000 | 342.9% | 0.3% |
| NAVY FEDERAL CREDIT UNION | $420,000 | $465,000 | 10.7% | 0.3% |
| UNIFY FINANCIAL Credit Union | $35,000 | $445,000 | 1,171.4% | 0.3% |
| ENDEAVOR CAPITAL, LLC. | $515,000 | $410,000 | -20.4% | 0.3% |
| MOVEMENT MORTGAGE, LLC | $405,000 | n/a | 0.3% | |
| JPMorgan Chase Bank | $440,000 | $380,000 | -13.6% | 0.3% |
| GUILD MORTGAGE COMPANY | $375,000 | n/a | 0.3% | |
| PNC Bank | $375,000 | n/a | 0.3% | |
| PENNYMAC LOAN SERVICES, LLC | $645,000 | $370,000 | -42.6% | 0.3% |
| LOANPAL, LLC | $365,000 | n/a | 0.3% | |
| Centra Credit Union | $360,000 | n/a | 0.3% | |
| MID AMERICA MORTGAGE, INC. | $85,000 | $360,000 | 323.5% | 0.3% |
| SIRVA MORTGAGE, INC. | $335,000 | n/a | 0.2% | |
| PLANET HOME LENDING, LLC | $325,000 | n/a | 0.2% | |
| Bank of America | $175,000 | $315,000 | 80.0% | 0.2% |
| Notre Dame Federal Credit Union Corporation | $305,000 | $315,000 | 3.3% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $305,000 | n/a | 0.2% | |
| 1ST SIGNATURE LENDING, LLC | $295,000 | n/a | 0.2% | |
| ENVOY MORTGAGE, LTD | $295,000 | n/a | 0.2% | |
| HOMESIDE FINANCIAL, LLC | $225,000 | $290,000 | 28.9% | 0.2% |
| MEMBER FIRST MORTGAGE, LLC | $890,000 | $285,000 | -68.0% | 0.2% |
| CALCON MUTUAL MORTGAGE LLC | $280,000 | n/a | 0.2% | |
| Equity Prime Mortgage LLC | $165,000 | $270,000 | 63.6% | 0.2% |
| ZILLOW HOME LOANS, LLC | $245,000 | n/a | 0.2% | |
| TOP FLITE FINANCIAL, INC. | $280,000 | $240,000 | -14.3% | 0.2% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $235,000 | n/a | 0.2% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $235,000 | n/a | 0.2% | |
| Discover Bank | $130,000 | $225,000 | 73.1% | 0.2% |
| LOANDEPOT.COM, LLC | $760,000 | $210,000 | -72.4% | 0.2% |
| Northpointe Bank | $1,220,000 | $210,000 | -82.8% | 0.2% |
| First Savings Bank | $420,000 | $205,000 | -51.2% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $205,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $205,000 | n/a | 0.1% | |
| FINANCIAL CENTER FIRST CREDIT UNION | $195,000 | n/a | 0.1% | |
| LAND HOME FINANCIAL SERVICES, INC. | $195,000 | n/a | 0.1% | |
| Arvest Bank | $190,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $185,000 | n/a | 0.1% | |
| Dakota Community Bank & Trust | $185,000 | n/a | 0.1% | |
| LOANFLIGHT LENDING, LLC | $175,000 | n/a | 0.1% | |
| Prosperity Home Mortgage, LLC | $380,000 | $175,000 | -53.9% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $65,000 | $175,000 | 169.2% | 0.1% |
| 21ST MORTGAGE CORPORATION | $55,000 | $165,000 | 200.0% | 0.1% |
| Armed Forces Bank | $165,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $365,000 | $165,000 | -54.8% | 0.1% |
| Northwest Bank | $215,000 | $165,000 | -23.3% | 0.1% |
| Renasant Bank | $165,000 | n/a | 0.1% | |
| GUARANTEED RATE, INC. | $650,000 | $155,000 | -76.2% | 0.1% |
| INDIANA MEMBERS CREDIT UNION | $225,000 | $155,000 | -31.1% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $145,000 | n/a | 0.1% | |
| DIRECT MORTGAGE LOANS, LLC | $135,000 | n/a | 0.1% | |
| Horizon Bank | $135,000 | n/a | 0.1% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $385,000 | $135,000 | -64.9% | 0.1% |
| Deere Employees Credit Union | $145,000 | $130,000 | -10.3% | 0.1% |
| First Financial Bank | $855,000 | $130,000 | -84.8% | 0.1% |
| BOONVILLE FEDERAL SAVINGS BANK | $125,000 | n/a | 0.1% | |
| CARDINAL FINANCIAL | $710,000 | $125,000 | -82.4% | 0.1% |
| POLARIS HOME FUNDING CORP. | $145,000 | $125,000 | -13.8% | 0.1% |
| Truist | $85,000 | $115,000 | 35.3% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $115,000 | n/a | 0.1% | |
| OCMBC, INC. | $205,000 | $95,000 | -53.7% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $610,000 | $75,000 | -87.7% | 0.1% |
| Sterling United FCU | $245,000 | $75,000 | -69.4% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $350,000 | $65,000 | -81.4% | 0.0% |
| SPRING EQ, LLC | $55,000 | $65,000 | 18.2% | 0.0% |
| ALLIANT CREDIT UNION | $55,000 | n/a | 0.0% | |
| Figure Lending LLC | $80,000 | $50,000 | -37.5% | 0.0% |
| Regions Bank | $285,000 | $35,000 | -87.7% | 0.0% |
Jasper's top lender by overall market share is German American Bank, with 24.8% market share. In second place, with 7.5%, is Fifth Third Bank, having originated $10,440,000 in loans. In third place, with 6.4%, is QUICKEN LOANS, LLC, having originated $8,805,000 in loans. In fourth place, with 4.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $6,675,000 in loans. In fifth place, with 4.7%, is EVANSVILLE TEACHERS, having originated $6,550,000 in loans.
Jasper, IN Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 433 | $83,605,000 | $193,083 |
| Refi | 194 | $21,300,000 | $109,794 |
| Cash Out Refi | 135 | $21,165,000 | $156,778 |
| Other | 106 | $7,470,000 | $70,472 |
| Home Improvement | 90 | $4,780,000 | $53,111 |
| NA | 1 | $155,000 | $155,000 |
Jasper's most frequently cited loan purpose was Home Purchase, with 433 originations. The 2nd most popular reason was Refi, with 194 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 377 | $68,745,000 | $182,347 |
| 7-8% | 170 | $29,810,000 | $175,353 |
| <2.5% | 167 | $10,155,000 | $60,808 |
| Over 8% | 160 | $11,690,000 | $73,063 |
| 5-6% | 65 | $13,795,000 | $212,231 |
| 4-5% | 7 | $1,565,000 | $223,571 |
| 3-4% | 3 | $825,000 | $275,000 |
During 2024, Jasper's most frequently originated rate bucket was 6-7%, with 377 originations.
Loan Sizing (Jasper, IN MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 379 | $19,965,000 | $52,678 |
| $100k-200k | 344 | $50,690,000 | $147,355 |
| $200k-400k | 213 | $55,535,000 | $260,728 |
| $400k-600k | 20 | $9,610,000 | $480,500 |
| $600k-1000k | 2 | $1,320,000 | $660,000 |
| $Over $1MM | 1 | $1,355,000 | $1,355,000 |
Jasper's loan sizing saw the bucket of loans from $100,000 or less with 379 originations, totaling $19,965,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 354 | $73,430,000 | $207,429 |
| 20-40% | 179 | $14,075,000 | $78,631 |
| Under 20% | 169 | $6,305,000 | $37,308 |
| 60-80% | 148 | $27,620,000 | $186,622 |
| 40-60% | 83 | $11,695,000 | $140,904 |
| Over 100% | 8 | $1,730,000 | $216,250 |
Jasper's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 354 originations, totaling $73,430,000 in origination value.