KOKOMO Mortgage Rates

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

30 Year Fixed Rate mortgages in Kokomo averaged 6.18% for the week of 2022-06-30, compared to the national average of 5.7% for the same period.

The average rate for the prior week (2022-06-23) was 6.09% and one month ago for the week of 2022-05-26, the average rate was 5.18%.

Kokomo's average rate one year ago was 3.46%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.68%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Kokomo 30 Year Fixed Rate 2022-06-30 6.18%
Kokomo 30 Year Fixed Rate Refi 2022-06-30 5.68%
Kokomo 15 Year Fixed Rate 2022-06-30 5.42%
Kokomo 15 Year Fixed Rate Refi 2022-06-30 5.23%
Kokomo 30 Year FHA 2022-06-30 6.01%
Kokomo 30 Year FHA Refi 2022-06-30 5.82%
Kokomo 30 Year USDA 2022-06-30 6.04%
Kokomo 30 Year USDA Refi 2022-06-30 5.59%
Kokomo 30 Year VA 2022-06-30 5.74%
Kokomo 30 Year VA Refi 2022-06-30 5.58%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within KOKOMO, IN.

KOKOMO 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 KOKOMO, 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
RUOFF MORTGAGE COMPANY, INC. 167 3.18% $1,957
Solidarity Community Federal Credit Union 166 3.14% $2,719
First Farmers Bank and Trust Company 104 3.24% $1,700
QUICKEN LOANS, LLC 104 3.18% $4,335
Community First Bank of Indiana 92 3.20% $2,139
GVC MORTGAGE, INC. 75 3.39% $3,123
STOCKTON MORTGAGE CORPORATION 63 3.22% $2,711
LEADERONE FINANCIAL CORPORATION 62 3.33% $2,820
PLAZA HOME MORTGAGE, INC. 47 3.18% $2,812
KeyBank 25 3.19% $1,791
JPMorgan Chase Bank 18 3.23% $2,255
VANDERBILT MORTGAGE AND FINANCE, INC. 17 3.17% $3,662
Regions Bank 16 3.37% $1,545
Security Federal Savings Bank 15 3.01% $2,087
Union Savings Bank 15 3.03% $997
STAR Financial Bank 15 3.03% $3,017
ROYAL UNITED MORTGAGE LLC 15 3.36% $5,553
Farm Credit Mid-America, ACA 14 3.35% $5,203
Fifth Third Bank 14 3.53% $3,255
LOANDEPOT.COM, LLC 14 3.34% $4,098
AMERISAVE MORTGAGE CORPORATION 13 3.02% $4,191
UNITED WHOLESALE MORTGAGE, LLC 13 3.02% $2,801
Horizon Bank 12 3.41% $2,582
The Huntington National Bank 11 3.15% $2,340
Wells Fargo Bank 11 3.31% $2,718
PNC Bank 11 3.13% $2,106
FINANCIAL BUILDERS Federal Credit Union 10 4.75% $1,462
FREEDOM MORTGAGE CORPORATION 10 3.15% $2,106
Mr. Cooper ( Nationstar Mortgage ) 10 3.63% $4,382
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 3.16% $1,848
Flagstar Bank, FSB 8 3.35% $3,576
AMERIFIRST FINANCIAL CORPORATION 8 3.27% $2,604
CALIBER HOME LOANS, INC. 8 3.50% $2,466
NEWREZ LLC 7 3.37% $3,265
FORUM Credit Union 7 3.04% $1,674
PENNYMAC LOAN SERVICES, LLC 6 3.23% $3,376
MEMBER FIRST MORTGAGE, LLC 6 3.23% $2,856
BMO Harris Bank 6 3.35% $2,553
MJW Financial LLC 5 3.45% $3,281
TEACHERS CREDIT UNION 5 3.35% $1,837
BEACON CREDIT UNION 5 2.83% $2,185
BROKER SOLUTIONS, INC. 5 3.32% $3,695
Crossroads Bank 5 2.98% $2,181
NAVY FEDERAL CREDIT UNION 4 3.75% $3,541
First Merchants Bank 4 3.22% $2,539
Old National Bank 4 3.19% $1,783
HALLMARK HOME MORTGAGE, LLC 4 3.31% $2,272
BETTER MORTGAGE CORPORATION 4 2.84% $2,649
FINANCE OF AMERICA MORTGAGE LLC 4 3.19% $3,321
First Guaranty Mortgage Corporation 3 3.54% $4,410
AMERICAN FINANCING CORPORATION 3 3.38% $3,464
U.S. Bank 3 3.12% $2,244
First Bank of Berne 3 3.21% $2,105
MUTUAL OF OMAHA MORTGAGE, INC. 3 3.37% $2,797
Carrington Mortgage Services, LLC 3 3.29% $3,013
CELEBRITY HOME LOANS, LLC 3 2.92% $2,727
AMERICAN MORTGAGE SERVICE COMPANY 3 3.29% $2,178
Merchants Bank of Indiana 3 3.13% $1,502
MID AMERICA MORTGAGE, INC. 3 3.13% $2,973
Mortgage Research Center, LLC 3 3.04% $1,494
TUCKER MORTGAGE, LLC 2 2.81% $2,424
SIRVA MORTGAGE, INC. 2 3.06% $2,460
PENTAGON FEDERAL CREDIT UNION 2 2.94% $1,291
ENDEAVOR CAPITAL, LLC. 2 3.19% $3,307
Discover Bank 2 3.99% $0
Bank of England 2 3.44% $2,471
Manufacturers and Traders Trust Company 2 3.50% $7,392
PHH Mortgage Corporation 2 2.88% $7,186
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 3.19% $3,034
CROSSCOUNTRY MORTGAGE, LLC 2 3.13% $2,271
Colten Mortgage, LLC 2 3.13% $3,612
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 3.81% $3,444
InterContinental Capital Group, Inc 2 2.63% $2,478
Centier Bank 2 3.56% $1,813
UNION HOME MORTGAGE CORP. 2 3.00% $3,621
Wyndham Capital Mortgage, Inc. 1 3.25% $1,608
AMERICAN INTERNET MORTGAGE, INC. 1 3.13% $2,341
AmeriHome Mortgage Company, LLC 1 3.25% $3,314
Bank of America 1 2.75% $3,454
Baxter Credit Union 1 3.88% $2,705
BAYSHORE MORTGAGE FUNDING, LLC 1 3.38% $2,605
BNC National Bank 1 3.00% $2,679
CHERRY CREEK MORTGAGE, LLC 1 3.38% $648
CIBM Bank 1 3.50% $1,800
CLEARPATH LENDING 1 3.00% $7,670
Deere Employees Credit Union 1 1.88% $2,450
DIGITAL Federal Credit Union 1 3.00% $3,616
DIRECT MORTGAGE LOANS, LLC 1 3.75% $5,681
Elements Financial Federal Credit Union 1 3.38% $2,108
EUSTIS AND AMERICAN MORTGAGE COMPANY 1 2.75% $2,648
EVERETT FINANCIAL, INC. 1 4.38% $1,804
First Federal Savings Bank 1 3.00% $2,132
First Financial Bank 1 2.88% $1,865
First National Bank of Omaha 1 2.75% $2,145
GUARANTEED RATE, INC. 1 3.25% $2,191
HOMESIDE FINANCIAL, LLC 1 2.88% $2,737
JLB CORPORATION 1 3.38% $4,173
Key Mortgage Services, Inc. 1 3.00% $4,256
LAKEVIEW LOAN SERVICING, LLC 1 3.75% $5,329
Madison County Federal Credit Union 1 3.13% $1,820
MILESTONE HOME LENDING, LLC 1 3.63% $1,694
MORIA DEVELOPMENT, INC. 1 3.25% $2,508
Nations Lending Corporation 1 3.38% $2,725
Northwest Bank 1 3.13% $2,989
Paramount Residential Mortgage Group, Inc. 1 3.38% $2,919
PLANET HOME LENDING, LLC 1 3.25% $1,497
PROVIDENT FUNDING ASSOCIATES, L.P. 1 2.75% $2,255
RBC Bank, (Georgia) 1 2.88% $804
Reliant Bank 1 2.50% $7,470
ROSS MORTGAGE CORPORATION 1 4.38% $3,252
SECURITYNATIONAL MORTGAGE COMPANY 1 3.75% $3,414
Servion, Inc. 1 3.00% $3,052
SOFI LENDING CORP. 1 2.88% $4,599
SOUTHWEST FUNDING, LP 1 3.75% $1,829
The Fountain Trust Company 1 3.25% $1,668
Waterstone Mortgage Corporation 1 3.25% $5,006
Ally Bank 1 2.75% $1,578

KOKOMO, IN's 117 lenders originated 3,704 loans during 2021. The total origination value was $515,140,000, with an average loan value of $139,077.

The top KOKOMO lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with 167 loans originated. Their average total fees are $1,957, which is $762 lower than the next largest lender, Solidarity Community Federal Credit Union.

The lowest fee KOKOMO lenders (with over 10 loans originated) are Union Savings Bank ($997), FINANCIAL BUILDERS Federal Credit Union ($1,462), Regions Bank ($1,545), First Farmers Bank and Trust Company ($1,700) and KeyBank ($1,791).

The lowest rate KOKOMO lenders (with over 10 loans originated) are Security Federal Savings Bank (3.01%), AMERISAVE MORTGAGE CORPORATION (3.02%), UNITED WHOLESALE MORTGAGE, LLC (3.02%), Union Savings Bank (3.03%) and STAR Financial Bank (3.03%).

KOKOMO, 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
RUOFF MORTGAGE COMPANY, INC. $50,555,000 $51,390,000 1.7% 10.0%
Solidarity Community Federal Credit Union $46,920,000 $39,000,000 -16.9% 7.6%
First Farmers Bank and Trust Company $33,880,000 $38,160,000 12.6% 7.4%
QUICKEN LOANS, LLC $24,660,000 $37,370,000 51.5% 7.3%
GVC MORTGAGE, INC. $23,215,000 $26,610,000 14.6% 5.2%
PLAZA HOME MORTGAGE, INC. $18,990,000 $24,510,000 29.1% 4.8%
Community First Bank of Indiana $24,250,000 $24,065,000 -0.8% 4.7%
FREEDOM MORTGAGE CORPORATION $15,945,000 $19,940,000 25.1% 3.9%
LEADERONE FINANCIAL CORPORATION $30,750,000 $16,730,000 -45.6% 3.2%
Merchants Bank of Indiana $225,000 $14,825,000 6,488.9% 2.9%
STOCKTON MORTGAGE CORPORATION $11,530,000 $13,495,000 17.0% 2.6%
KeyBank $6,650,000 $9,825,000 47.7% 1.9%
Mortgage Research Center, LLC $6,360,000 $9,520,000 49.7% 1.8%
First Merchants Bank $1,985,000 $9,060,000 356.4% 1.8%
FINANCIAL BUILDERS Federal Credit Union $7,415,000 $8,750,000 18.0% 1.7%
VANDERBILT MORTGAGE AND FINANCE, INC. $8,210,000 n/a 1.6%
Security Federal Savings Bank $6,300,000 $5,655,000 -10.2% 1.1%
BMO Harris Bank $4,010,000 $5,510,000 37.4% 1.1%
STAR Financial Bank $6,750,000 $5,435,000 -19.5% 1.1%
PENNYMAC LOAN SERVICES, LLC $1,670,000 $5,360,000 221.0% 1.0%
LOANDEPOT.COM, LLC $1,905,000 $5,340,000 180.3% 1.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $5,965,000 $4,815,000 -19.3% 0.9%
CALIBER HOME LOANS, INC. $2,680,000 $4,260,000 59.0% 0.8%
Farm Credit Mid-America, ACA $2,210,000 $4,185,000 89.4% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $3,035,000 $4,045,000 33.3% 0.8%
The Huntington National Bank $5,475,000 $4,000,000 -26.9% 0.8%
Horizon Bank $4,995,000 $3,890,000 -22.1% 0.8%
Fifth Third Bank $1,350,000 $3,745,000 177.4% 0.7%
JPMorgan Chase Bank $2,325,000 $3,695,000 58.9% 0.7%
PNC Bank $5,205,000 $3,595,000 -30.9% 0.7%
Union Savings Bank $1,955,000 $3,555,000 81.8% 0.7%
Wells Fargo Bank $1,790,000 $3,450,000 92.7% 0.7%
NEWREZ LLC $1,125,000 $3,145,000 179.6% 0.6%
Regions Bank $4,740,000 $3,065,000 -35.3% 0.6%
AMERISAVE MORTGAGE CORPORATION $755,000 $2,935,000 288.7% 0.6%
UNITED WHOLESALE MORTGAGE, LLC $2,985,000 $2,930,000 -1.8% 0.6%
ROYAL UNITED MORTGAGE LLC $1,390,000 $2,660,000 91.4% 0.5%
LAKEVIEW LOAN SERVICING, LLC $1,130,000 $2,625,000 132.3% 0.5%
AMERIFIRST FINANCIAL CORPORATION $5,575,000 $2,595,000 -53.5% 0.5%
TEACHERS CREDIT UNION $1,175,000 $2,560,000 117.9% 0.5%
USAA Federal Savings Bank $1,575,000 $2,455,000 55.9% 0.5%
GUARANTEED RATE, INC. $865,000 $2,295,000 165.3% 0.4%
Bank of America $140,000 $2,185,000 1,460.7% 0.4%
NAVY FEDERAL CREDIT UNION $690,000 $2,180,000 215.9% 0.4%
Flagstar Bank, FSB $1,505,000 $2,085,000 38.5% 0.4%
FINANCIAL CENTER FIRST CREDIT UNION $2,915,000 $1,750,000 -40.0% 0.3%
BROKER SOLUTIONS, INC. $575,000 $1,705,000 196.5% 0.3%
FORUM Credit Union $255,000 $1,555,000 509.8% 0.3%
Old National Bank $275,000 $1,460,000 430.9% 0.3%
Crossroads Bank $1,835,000 $1,390,000 -24.3% 0.3%
MJW Financial LLC $1,290,000 n/a 0.3%
MEMBER FIRST MORTGAGE, LLC $1,270,000 $1,285,000 1.2% 0.2%
First Bank of Berne $1,355,000 $1,280,000 -5.5% 0.2%
Low VA Rates, LLC $55,000 $1,225,000 2,127.3% 0.2%
VILLAGE CAPITAL & INVESTMENT LLC $1,255,000 $1,225,000 -2.4% 0.2%
HALLMARK HOME MORTGAGE, LLC $1,635,000 $1,205,000 -26.3% 0.2%
Carrington Mortgage Services, LLC $1,800,000 $1,175,000 -34.7% 0.2%
BEACON CREDIT UNION $290,000 $1,065,000 267.2% 0.2%
NEW DAY FINANCIAL, LLC $1,590,000 $1,000,000 -37.1% 0.2%
Nations Lending Corporation $175,000 $960,000 448.6% 0.2%
MID AMERICA MORTGAGE, INC. $255,000 $950,000 272.5% 0.2%
InterContinental Capital Group, Inc $145,000 $935,000 544.8% 0.2%
U.S. Bank $1,035,000 $915,000 -11.6% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $715,000 $840,000 17.5% 0.2%
INDIANA UNIVERSITY CREDIT UNION $830,000 n/a 0.2%
The Farmers Bank, Frankfort, Indiana $655,000 $830,000 26.7% 0.2%
BETTER MORTGAGE CORPORATION $315,000 $790,000 150.8% 0.2%
First Guaranty Mortgage Corporation $345,000 $790,000 129.0% 0.2%
AmeriHome Mortgage Company, LLC $1,980,000 $765,000 -61.4% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $735,000 $750,000 2.0% 0.1%
AMERICAN MORTGAGE SERVICE COMPANY $850,000 $745,000 -12.4% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $1,200,000 $725,000 -39.6% 0.1%
21ST MORTGAGE CORPORATION $700,000 n/a 0.1%
PHH Mortgage Corporation $105,000 $700,000 566.7% 0.1%
UNION HOME MORTGAGE CORP. $1,135,000 $695,000 -38.8% 0.1%
EVERETT FINANCIAL, INC. $690,000 n/a 0.1%
ENDEAVOR CAPITAL, LLC. $165,000 $660,000 300.0% 0.1%
Bank of England $210,000 $640,000 204.8% 0.1%
PENTAGON FEDERAL CREDIT UNION $65,000 $635,000 876.9% 0.1%
BAYSHORE MORTGAGE FUNDING, LLC $610,000 n/a 0.1%
CLEARPATH LENDING $790,000 $605,000 -23.4% 0.1%
JLB CORPORATION $385,000 $605,000 57.1% 0.1%
AMERICAN FINANCING CORPORATION $585,000 n/a 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $180,000 $555,000 208.3% 0.1%
The Fountain Trust Company $385,000 $530,000 37.7% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $1,150,000 $515,000 -55.2% 0.1%
SIRVA MORTGAGE, INC. $155,000 $515,000 232.3% 0.1%
Northwest Bank $485,000 n/a 0.1%
Manufacturers and Traders Trust Company $470,000 n/a 0.1%
PLANET HOME LENDING, LLC $145,000 $465,000 220.7% 0.1%
Baxter Credit Union $445,000 n/a 0.1%
Colten Mortgage, LLC $135,000 $445,000 229.6% 0.1%
FIRST CENTENNIAL MORTGAGE CORPORATION $435,000 n/a 0.1%
SOUTHWEST STAGE FUNDING, LLC $430,000 n/a 0.1%
Ally Bank $105,000 $425,000 304.8% 0.1%
First Financial Bank $375,000 $415,000 10.7% 0.1%
FLAT BRANCH MORTGAGE, INC. $515,000 $400,000 -22.3% 0.1%
HOME POINT FINANCIAL CORPORATION $555,000 $385,000 -30.6% 0.1%
First Financial Bank $375,000 $370,000 -1.3% 0.1%
TUCKER MORTGAGE, LLC $320,000 $370,000 15.6% 0.1%
PURDUE FEDERAL CREDIT UNION $1,570,000 $365,000 -76.8% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $770,000 $360,000 -53.2% 0.1%
Servion, Inc. $775,000 $360,000 -53.5% 0.1%
CELEBRITY HOME LOANS, LLC $355,000 n/a 0.1%
CHERRY CREEK MORTGAGE, LLC $345,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $175,000 $325,000 85.7% 0.1%
HOMESIDE FINANCIAL, LLC $380,000 $300,000 -21.1% 0.1%
Discover Bank $295,000 n/a 0.1%
Centra Credit Union $4,005,000 $285,000 -92.9% 0.1%
CHURCHILL MORTGAGE CORPORATION $280,000 $280,000 0.0% 0.1%
ARC HOME LLC $520,000 $275,000 -47.1% 0.1%
SECURITYNATIONAL MORTGAGE COMPANY $150,000 $275,000 83.3% 0.1%
MILESTONE HOME LENDING, LLC $780,000 $270,000 -65.4% 0.1%
DIRECT MORTGAGE LOANS, LLC $155,000 $265,000 71.0% 0.1%
Gateway First Bank $145,000 $265,000 82.8% 0.1%
Oxford Bank & Trust $130,000 $265,000 103.8% 0.1%
BNC National Bank $255,000 n/a 0.0%
Centier Bank $635,000 $255,000 -59.8% 0.0%
First National Bank of Omaha $255,000 n/a 0.0%
PARTNERS 1ST Federal Credit Union $220,000 $255,000 15.9% 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $450,000 $245,000 -45.6% 0.0%
Waterstone Mortgage Corporation $245,000 n/a 0.0%
Industrial Federal Credit Union $235,000 n/a 0.0%
Reliant Bank $235,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $225,000 n/a 0.0%
AMERICAN ADVISORS GROUP $80,000 $220,000 175.0% 0.0%
First Federal Savings Bank $125,000 $220,000 76.0% 0.0%
GENEVA FINANCIAL, LLC $145,000 $215,000 48.3% 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $65,000 $215,000 230.8% 0.0%
Three Rivers Federal Credit Union $405,000 $210,000 -48.1% 0.0%
1st Source Bank $505,000 $205,000 -59.4% 0.0%
DIGITAL Federal Credit Union $205,000 n/a 0.0%
ProFed Federal Credit Union $205,000 n/a 0.0%
GUIDANCE RESIDENTIAL, LLC $195,000 n/a 0.0%
SOFI LENDING CORP. $270,000 $195,000 -27.8% 0.0%
EUSTIS AND AMERICAN MORTGAGE COMPANY $260,000 $185,000 -28.8% 0.0%
LOANPAL, LLC $185,000 n/a 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $85,000 $180,000 111.8% 0.0%
Residential Mortgage Solutions, Inc. $175,000 n/a 0.0%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $305,000 $165,000 -45.9% 0.0%
MMS MORTGAGE SERVICES, LTD. $165,000 n/a 0.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $485,000 $165,000 -66.0% 0.0%
RBC Bank, (Georgia) $165,000 n/a 0.0%
EMBRACE HOME LOANS, INC. $155,000 n/a 0.0%
ROSS MORTGAGE CORPORATION $155,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $610,000 $155,000 -74.6% 0.0%
Watermark Capital, Inc. $155,000 n/a 0.0%
Deere Employees Credit Union $145,000 n/a 0.0%
First Home Bank $145,000 n/a 0.0%
Key Mortgage Services, Inc. $145,000 n/a 0.0%
Paramount Residential Mortgage Group, Inc. $115,000 $145,000 26.1% 0.0%
Wyndham Capital Mortgage, Inc. $425,000 $145,000 -65.9% 0.0%
TRIAD FINANCIAL SERVICES, INC. $140,000 n/a 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $135,000 n/a 0.0%
Heartland Bank and Trust Company $135,000 n/a 0.0%
Northpointe Bank $235,000 $130,000 -44.7% 0.0%
CANOPY MORTGAGE, LLC $125,000 n/a 0.0%
Elements Financial Federal Credit Union $560,000 $125,000 -77.7% 0.0%
Farmers and Merchants Bank $125,000 n/a 0.0%
First Federal Savings Bank $125,000 $125,000 0.0% 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $880,000 $125,000 -85.8% 0.0%
Barrington Bank & Trust Company, N.A. $230,000 $120,000 -47.8% 0.0%
CIVIC FINANCIAL SERVICES, LLC $115,000 n/a 0.0%
FINANCE OF AMERICA COMMERCIAL LLC $115,000 n/a 0.0%
First Option Mortgage, LLC $440,000 $115,000 -73.9% 0.0%
Wolfe Financial, Inc $745,000 $115,000 -84.6% 0.0%
Citibank $105,000 n/a 0.0%
German American Bank $105,000 n/a 0.0%
GUARANTEED RATE AFFINITY, LLC $105,000 n/a 0.0%
MORIA DEVELOPMENT, INC. $105,000 n/a 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $495,000 $105,000 -78.8% 0.0%
The Home Loan Expert LLC $95,000 n/a 0.0%
Century Mortgage Company DBA Century Lending Company $85,000 n/a 0.0%
Citizens Bank $360,000 $85,000 -76.4% 0.0%
SOUTHWEST FUNDING, LP $125,000 $85,000 -32.0% 0.0%
Home Loan Investment Bank, F.S.B. $75,000 n/a 0.0%
INDIANA MEMBERS CREDIT UNION $560,000 $75,000 -86.6% 0.0%
LIMA ONE CAPITAL, LLC $75,000 n/a 0.0%
VAN DYK MORTGAGE CORPORATION $220,000 $75,000 -65.9% 0.0%
CIBM Bank $65,000 n/a 0.0%
Lake City Bank $65,000 n/a 0.0%
1ST SIGNATURE LENDING, LLC $825,000 $55,000 -93.3% 0.0%
Madison County Federal Credit Union $55,000 n/a 0.0%
BLUELEAF LENDING, LLC $80,000 $45,000 -43.8% 0.0%
Park Lane Finance Solutions, LLC $45,000 n/a 0.0%
SPRING EQ, LLC $355,000 $35,000 -90.1% 0.0%
Figure Lending LLC $25,000 n/a 0.0%

KOKOMO's top lender by overall market share is RUOFF MORTGAGE COMPANY, INC., with 10.0% market share. In second place, with 7.6%, is Solidarity Community Federal Credit Union, having originated $39,000,000 in loans. In third place, with 7.4%, is First Farmers Bank and Trust Company, having originated $38,160,000 in loans. In third place, with 7.3%, is QUICKEN LOANS, LLC, having originated $37,370,000 in loans. In third place, with 5.2%, is GVC MORTGAGE, INC., having originated $26,610,000 in loans.


KOKOMO, IN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,448 $233,690,000 $161,388
Refi 1,154 $165,980,000 $143,830
Cash Out Refi 826 $100,900,000 $122,155
Other 195 $10,045,000 $51,513
Home Improvement 81 $4,525,000 $55,864

Kokomo's most frequently cited loan purpose was Home Purchase, with 1,448 originations. The 2nd most popular reason was Refi, with 1,154 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 1,630 $233,660,000 $143,350
2.5-3% 1,205 $175,675,000 $145,788
<2.5% 521 $72,065,000 $138,321
4-5% 220 $24,430,000 $111,045
5-6% 49 $3,905,000 $79,694
7-8% 27 $1,545,000 $57,222
Over 8% 24 $950,000 $39,583
6-7% 18 $1,940,000 $107,778

During 2021, Kokomo's most frequently originated rate bucket was 3-4%, with 1,630 originations.

Loan Sizing (KOKOMO, IN MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,634 $230,700,000 $141,187
$100,000 or less 1,459 $92,025,000 $63,074
$200k-400k 567 $145,805,000 $257,152
$400k-600k 30 $13,710,000 $457,000
$600k-1000k 8 $6,100,000 $762,500
$Over $1MM 6 $26,800,000 $4,466,667

KOKOMO's loan sizing saw the bucket of loans from $100k-200k with 1,634 originations, totaling $230,700,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,503 $237,285,000 $157,874
60-80% 1,152 $181,590,000 $157,630
40-60% 404 $41,100,000 $101,733
20-40% 225 $13,205,000 $58,689
Under 20% 182 $5,270,000 $28,956
Over 100% 38 $8,790,000 $231,316

KOKOMO's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,503 originations, totaling $237,285,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - KOKOMO (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $86,250 (-4.1%) $122,590 (-0.7%) 0.00 302
2018-02-01 $81,400 (-7.8%) $117,381 (-5.7%) 0.00 286
2018-03-01 $87,000 (-5.4%) $121,013 (-4.7%) 0.00 255
2018-04-01 $97,500 (11.4%) $129,283 (1.8%) 0.00 233
2018-05-01 $104,750 (13.9%) $137,455 (1.4%) 0.00 227
2018-06-01 $122,500 (30.3%) $155,727 (17.5%) 0.00 265
2018-07-01 $92,400 (-6.7%) $136,393 (2.4%) 0.00 303
2018-08-01 $94,200 (-6.5%) $139,152 (-2.1%) 0.00 305
2018-09-01 $104,900 (5.0%) $142,387 (-2.9%) 0.00 327
2018-10-01 $120,700 (26.5%) $144,643 (-1.5%) 0.00 372
2018-11-01 $120,750 (27.9%) $136,513 (-5.3%) 0.00 378
2018-12-01 $119,900 (37.0%) $131,242 (7.2%) 0.00 405
2019-01-01 $119,900 (39.0%) $129,956 (6.0%) 0.00 379
2019-02-01 $119,995 (47.4%) $129,673 (10.5%) 0.00 345
2019-03-01 $122,085 (40.3%) $130,182 (7.6%) 0.00 310
2019-04-01 $124,900 (28.1%) $136,991 (6.0%) 0.00 274
2019-05-01 $124,740 (19.1%) $141,883 (3.2%) 0.00 262
2019-06-01 $124,990 (2.0%) $147,755 (-5.1%) 0.00 262
2019-07-01 $132,445 (43.3%) $153,352 (12.4%) 0.00 251
2019-08-01 $132,814 (41.0%) $152,993 (10.0%) 0.00 261
2019-09-01 $129,945 (23.9%) $151,564 (6.5%) 0.00 259
2019-10-01 $118,945 (-1.5%) $146,086 (1.0%) 0.00 266
2019-11-01 $123,490 (2.3%) $146,256 (7.1%) 0.00 255
2019-12-01 $121,740 (1.5%) $146,643 (11.7%) 0.00 239
2020-01-01 $118,945 (-0.8%) $148,111 (14.0%) 0.00 214
2020-02-01 $117,490 (-2.1%) $145,180 (12.0%) 0.00 195
2020-03-01 $129,990 (6.5%) $148,616 (14.2%) 0.00 161
2020-04-01 $129,945 (4.0%) $146,854 (7.2%) 0.00 162
2020-05-01 $134,990 (8.2%) $156,932 (10.6%) 0.00 143
2020-06-01 $125,700 (0.6%) $152,274 (3.1%) 0.00 129
2020-07-01 $145,950 (10.2%) $170,755 (11.4%) 0.00 133
2020-08-01 $154,900 (16.6%) $169,269 (10.6%) 0.00 120
2020-09-01 $154,000 (18.5%) $174,305 (15.0%) 0.00 123
2020-10-01 $119,900 (0.8%) $161,794 (10.8%) 0.00 125
2020-11-01 $124,900 (1.1%) $157,686 (7.8%) 0.00 138
2020-12-01 $125,950 (3.5%) $157,942 (7.7%) 0.00 119
2021-01-01 $140,000 (17.7%) $165,509 (11.8%) 0.00 84
2021-02-01 $119,900 (2.1%) $174,591 (20.3%) 0.00 57
2021-03-01 $129,900 (-0.1%) $179,984 (21.1%) 0.00 60
2021-04-01 $162,400 (25.0%) $197,594 (34.6%) 0.00 44
2021-05-01 $169,900 (25.9%) $190,544 (21.4%) 0.00 50
2021-06-01 $114,888 (-8.6%) $160,537 (5.4%) 0.00 72
2021-07-01 $109,900 (-24.7%) $148,144 (-13.2%) 0.00 106
2021-08-01 $118,000 (-23.8%) $160,702 (-5.1%) 0.00 99
2021-09-01 $117,200 (-23.9%) $161,960 (-7.1%) 0.00 113
2021-10-01 $110,000 (-8.3%) $139,853 (-13.6%) 0.00 121
2021-11-01 $127,450 (2.0%) $163,986 (4.0%) 0.00 125
2021-12-01 $124,900 (-0.8%) $158,750 (0.5%) 0.00 118
2022-01-01 $115,000 (-17.9%) $129,382 (-21.8%) 0.00 101
2022-02-01 $99,900 (-16.7%) $124,309 (-28.8%) 0.00 87
2022-03-01 $108,700 (-16.3%) $140,322 (-22.0%) 0.00 86
2022-04-01 $99,900 (-38.5%) $134,366 (-32.0%) 0.00 72
2022-05-01 $149,900 (-11.8%) $180,911 (-5.1%) 0.00 92
2022-06-01 $140,950 (22.7%) $178,377 (11.1%) 0.00 106
KOKOMO's median listing price for 2022-06-01 was $140,950, a difference of $26,062 (22.7%) versus the prior year and $-8,950 versus the prior month.

KOKOMO's median listing price comes in at 0% of the national average.

KOKOMO's average listing price for 2022-06-01 was $178,377, a difference of $17,840 (11.1%) versus the prior year and $-2,534 versus the prior month.

For the 2022-06-01 period, KOKOMO had 106 MLS listings, a difference of 14 listings (15%) versus the prior month and 34 listings (47%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - KOKOMO (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,542 sqft
2018-02-01 0 days 1,493 sqft
2018-03-01 0 days 1,499 sqft
2018-04-01 0 days 1,556 sqft
2018-05-01 0 days 1,568 sqft
2018-06-01 0 days 1,672 sqft
2018-07-01 0 days 1,541 sqft
2018-08-01 0 days 1,596 sqft
2018-09-01 0 days 1,646 sqft
2018-10-01 0 days 1,614 sqft
2018-11-01 0 days 1,574 sqft
2018-12-01 0 days 1,536 sqft
2019-01-01 0 days 1,473 sqft
2019-02-01 0 days 1,473 sqft
2019-03-01 0 days 1,500 sqft
2019-04-01 0 days 1,536 sqft
2019-05-01 0 days 1,535 sqft
2019-06-01 0 days 1,675 sqft
2019-07-01 0 days 1,623 sqft
2019-08-01 0 days 1,653 sqft
2019-09-01 0 days 1,647 sqft
2019-10-01 0 days 1,597 sqft
2019-11-01 0 days 1,626 sqft
2019-12-01 0 days 1,614 sqft
2020-01-01 0 days 1,683 sqft
2020-02-01 0 days 1,678 sqft
2020-03-01 0 days 1,679 sqft
2020-04-01 0 days 1,689 sqft
2020-05-01 0 days 1,750 sqft
2020-06-01 0 days 1,688 sqft
2020-07-01 0 days 1,754 sqft
2020-08-01 0 days 1,717 sqft
2020-09-01 0 days 1,634 sqft
2020-10-01 0 days 1,456 sqft
2020-11-01 0 days 1,587 sqft
2020-12-01 0 days 1,550 sqft
2021-01-01 0 days 1,592 sqft
2021-02-01 0 days 1,562 sqft
2021-03-01 0 days 1,444 sqft
2021-04-01 0 days 1,754 sqft
2021-05-01 0 days 1,632 sqft
2021-06-01 0 days 1,424 sqft
2021-07-01 0 days 1,408 sqft
2021-08-01 0 days 1,518 sqft
2021-09-01 0 days 1,513 sqft
2021-10-01 0 days 1,476 sqft
2021-11-01 0 days 1,554 sqft
2021-12-01 0 days 1,459 sqft
2022-01-01 0 days 1,408 sqft
2022-02-01 0 days 1,329 sqft
2022-03-01 0 days 1,399 sqft
2022-04-01 0 days 1,448 sqft
2022-05-01 0 days 1,592 sqft
2022-06-01 0 days 1,542 sqft
KOKOMO's median listing age (time on market) for 2022-06-01 was 0 days.

KOKOMO's median square footage for active listings during the 2022-06-01 period was 1,542 sqft. One year prior, the average listing was 1,424 sqft.