LAFAYETTE - WEST LAFAYETTE Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Lafayette - West Lafayette averaged
6.84%
for the week of 2025-05-08, compared to the national average of
6.76% for the same period.
The average rate for the prior week (2025-05-01) was
6.84% and
one month ago for the week of 2025-04-03, the
average rate was 6.72%.
Lafayette - West Lafayette's average rate one year ago was 7.4%.
For refis of the same type during the week of 2025-05-08, the average rate
was 7.35%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-05-08 | 6.76% |
| Lafayette - West Lafayette 30 Year Fixed Rate | 2025-05-08 | 6.84% |
| Lafayette - West Lafayette 30 Year Fixed Rate Refi | 2025-05-08 | 7.35% |
| Lafayette - West Lafayette 15 Year Fixed Rate | 2025-05-08 | 6.33% |
| Lafayette - West Lafayette 15 Year Fixed Rate Refi | 2025-05-08 | 6.29% |
| Lafayette - West Lafayette 30 Year FHA | 2025-05-08 | 6.79% |
| Lafayette - West Lafayette 30 Year FHA Refi | 2025-05-08 | 6.68% |
| Lafayette - West Lafayette 30 Year USDA | 2025-05-08 | 6.57% |
| Lafayette - West Lafayette 30 Year USDA Refi | 2025-05-08 | 6.37% |
| Lafayette - West Lafayette 30 Year VA | 2025-05-08 | 6.68% |
| Lafayette - West Lafayette 30 Year VA Refi | 2025-05-08 | 5.93% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within LAFAYETTE-WEST LAFAYETTE, IN.
LAFAYETTE - WEST LAFAYETTE 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 LAFAYETTE-WEST LAFAYETTE, 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.).
LAFAYETTE - WEST LAFAYETTE Average Closing Costs & Other Stats
LAFAYETTE-WEST LAFAYETTE, IN's 130 lenders originated 4,705
loans during 2024. The total origination value was $1,087,985,000, with an average loan value of
$231,240.
LAFAYETTE - WEST LAFAYETTE's average closing costs are $3,844.
The top LAFAYETTE - WEST LAFAYETTE lender as defined by loan originations is PURDUE FEDERAL CREDIT UNION, with
220 loans originated. Their average total fees are
$2,604, which is $1,773
lower than the next largest lender,
FAIRWAY INDEPENDENT MORTGAGE CORPORATION.
The lowest fee LAFAYETTE - WEST LAFAYETTE lenders (with over 10 loans originated) are
Security Federal Savings Bank ($2,378), PURDUE FEDERAL CREDIT UNION ($2,604), First Financial Bank ($2,756), Old National Bank ($2,853) and First Farmers Bank and Trust Company ($2,913).
The lowest rate LAFAYETTE - WEST LAFAYETTE lenders (with over 10 loans originated) are
VANDERBILT MORTGAGE AND FINANCE, INC. (5.96%), Old National Bank (6.60%), GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION (6.61%), Fifth Third Bank (6.62%) and MJW Financial LLC (6.62%).
LAFAYETTE-WEST LAFAYETTE, 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 |
|---|---|---|---|---|
| PURDUE FEDERAL CREDIT UNION | $126,335,000 | $144,215,000 | 14.2% | 13.3% |
| First Merchants Bank | $65,435,000 | $62,905,000 | -3.9% | 5.8% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $39,075,000 | $55,120,000 | 41.1% | 5.1% |
| UNITED WHOLESALE MORTGAGE, LLC | $37,525,000 | $52,225,000 | 39.2% | 4.8% |
| QUICKEN LOANS, LLC | $30,160,000 | $43,560,000 | 44.4% | 4.0% |
| RUOFF MORTGAGE COMPANY, INC. | $46,435,000 | $43,220,000 | -6.9% | 4.0% |
| Merchants Bank of Indiana | $31,310,000 | n/a | 2.9% | |
| First Financial Bank | $240,000 | $29,755,000 | 12,297.9% | 2.7% |
| Old National Bank | $28,410,000 | $29,170,000 | 2.7% | 2.7% |
| Merchants Capital Corp. | $26,060,000 | n/a | 2.4% | |
| Centier Bank | $102,290,000 | $21,885,000 | -78.6% | 2.0% |
| Security Federal Savings Bank | $14,095,000 | $19,985,000 | 41.8% | 1.8% |
| The Huntington National Bank | $22,880,000 | $17,985,000 | -21.4% | 1.7% |
| JPMorgan Chase Bank | $11,395,000 | $17,700,000 | 55.3% | 1.6% |
| GREYSTONE FUNDING COMPANY LLC | $16,595,000 | n/a | 1.5% | |
| The Fountain Trust Company | $14,585,000 | $16,435,000 | 12.7% | 1.5% |
| Cedar Rapids Bank and Trust Company | $13,745,000 | n/a | 1.3% | |
| Mortgage Research Center, LLC | $11,180,000 | $13,440,000 | 20.2% | 1.2% |
| Regions Bank | $15,045,000 | $13,295,000 | -11.6% | 1.2% |
| CALCON MUTUAL MORTGAGE LLC | $12,925,000 | n/a | 1.2% | |
| GVC MORTGAGE, INC. | $12,220,000 | $12,180,000 | -0.3% | 1.1% |
| M&T Realty Capital Corporation | $12,165,000 | n/a | 1.1% | |
| HALLMARK HOME MORTGAGE, LLC | $10,605,000 | $11,895,000 | 12.2% | 1.1% |
| First Financial Bank | $240,000 | $10,820,000 | 4,408.3% | 1.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $210,000 | $10,785,000 | 5,035.7% | 1.0% |
| NEWREZ LLC | $9,700,000 | $9,925,000 | 2.3% | 0.9% |
| Horizon Bank | $7,480,000 | $9,905,000 | 32.4% | 0.9% |
| First Farmers Bank and Trust Company | $7,655,000 | $9,705,000 | 26.8% | 0.9% |
| FREEDOM MORTGAGE CORPORATION | $3,635,000 | $9,415,000 | 159.0% | 0.9% |
| STOCKTON MORTGAGE CORPORATION | $175,000 | $9,370,000 | 5,254.3% | 0.9% |
| Fifth Third Bank | $7,205,000 | $9,060,000 | 25.7% | 0.8% |
| LENDINGHOME FUNDING CORPORATION | $260,000 | $8,340,000 | 3,107.7% | 0.8% |
| WALKER & DUNLOP, LLC | $7,235,000 | n/a | 0.7% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $625,000 | $7,220,000 | 1,055.2% | 0.7% |
| Prosperity Home Mortgage, LLC | $3,765,000 | $6,985,000 | 85.5% | 0.6% |
| Hinsdale Bank & Trust Company | $6,745,000 | n/a | 0.6% | |
| Industrial Federal Credit Union | $5,605,000 | $6,375,000 | 13.7% | 0.6% |
| 1st Source Bank | $26,360,000 | $6,320,000 | -76.0% | 0.6% |
| MJW Financial LLC | $4,670,000 | $6,245,000 | 33.7% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $4,945,000 | $6,235,000 | 26.1% | 0.6% |
| CMG MORTGAGE, INC. | $580,000 | $5,695,000 | 881.9% | 0.5% |
| Flanagan State Bank | $3,810,000 | $5,650,000 | 48.3% | 0.5% |
| LOANDEPOT.COM, LLC | $3,810,000 | $5,585,000 | 46.6% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $5,320,000 | $5,200,000 | -2.3% | 0.5% |
| BROKER SOLUTIONS, INC. | $2,025,000 | $4,900,000 | 142.0% | 0.5% |
| PENNYMAC LOAN SERVICES, LLC | $3,125,000 | $4,680,000 | 49.8% | 0.4% |
| FAIR WAY LENDING LLC | $4,095,000 | $4,375,000 | 6.8% | 0.4% |
| USAA Federal Savings Bank | $2,725,000 | $4,350,000 | 59.6% | 0.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $4,240,000 | $4,310,000 | 1.7% | 0.4% |
| Farm Credit Mid-America, ACA | $7,670,000 | $4,205,000 | -45.2% | 0.4% |
| First Option Mortgage, LLC | $4,965,000 | $3,935,000 | -20.7% | 0.4% |
| Carrington Mortgage Services, LLC | $1,495,000 | $3,590,000 | 140.1% | 0.3% |
| LOANPAL, LLC | $1,370,000 | $3,395,000 | 147.8% | 0.3% |
| PNC Bank | $1,390,000 | $3,340,000 | 140.3% | 0.3% |
| GREYSTONE SERVICING COMPANY LLC | $3,265,000 | n/a | 0.3% | |
| Kentland Bank | $3,180,000 | n/a | 0.3% | |
| CITIZENS EQUITY FIRST | $2,520,000 | $3,140,000 | 24.6% | 0.3% |
| Home Bank SB | $245,000 | $3,005,000 | 1,126.5% | 0.3% |
| MOVEMENT MORTGAGE, LLC | $4,275,000 | $2,985,000 | -30.2% | 0.3% |
| The Farmers and Merchants Bank | $6,680,000 | $2,945,000 | -55.9% | 0.3% |
| Discover Bank | $1,595,000 | $2,930,000 | 83.7% | 0.3% |
| U.S. Bank | $7,255,000 | $2,825,000 | -61.1% | 0.3% |
| Wolfe Financial, Inc | $3,280,000 | $2,815,000 | -14.2% | 0.3% |
| The Farmers Bank, Frankfort, Indiana | $5,355,000 | $2,805,000 | -47.6% | 0.3% |
| Alliance Bank | $1,115,000 | $2,705,000 | 142.6% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $595,000 | $2,685,000 | 351.3% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $2,765,000 | $2,595,000 | -6.1% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $310,000 | $2,525,000 | 714.5% | 0.2% |
| Elements Financial Federal Credit Union | $1,730,000 | $2,465,000 | 42.5% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,855,000 | $2,340,000 | 26.1% | 0.2% |
| SUCCESS MORTGAGE PARTNERS, INC. | $1,780,000 | $2,330,000 | 30.9% | 0.2% |
| The Fisher National Bank | $2,170,000 | n/a | 0.2% | |
| GUARANTEED RATE, INC. | $2,220,000 | $2,145,000 | -3.4% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $960,000 | $2,140,000 | 122.9% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,655,000 | $1,860,000 | 12.4% | 0.2% |
| Logan Finance Corporation | $1,845,000 | n/a | 0.2% | |
| The Federal Savings Bank | $600,000 | $1,810,000 | 201.7% | 0.2% |
| State Bank of Lizton | $1,285,000 | $1,735,000 | 35.0% | 0.2% |
| TEACHERS CREDIT UNION | $725,000 | $1,715,000 | 136.6% | 0.2% |
| The Home National Bank of Thorntown | $2,445,000 | $1,550,000 | -36.6% | 0.1% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $235,000 | $1,400,000 | 495.7% | 0.1% |
| GUILD MORTGAGE COMPANY | $635,000 | $1,385,000 | 118.1% | 0.1% |
| INDIANA UNIVERSITY CREDIT UNION | $7,345,000 | $1,355,000 | -81.6% | 0.1% |
| BETTER MORTGAGE CORPORATION | $1,035,000 | $1,350,000 | 30.4% | 0.1% |
| University Bank | $400,000 | $1,345,000 | 236.3% | 0.1% |
| Wells Fargo Bank | $2,805,000 | $1,340,000 | -52.2% | 0.1% |
| Flagstar Bank, FSB | $1,330,000 | $1,325,000 | -0.4% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $530,000 | $1,245,000 | 134.9% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,235,000 | n/a | 0.1% | |
| STAR Financial Bank | $300,000 | $1,180,000 | 293.3% | 0.1% |
| CARDINAL FINANCIAL | $175,000 | $1,110,000 | 534.3% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $1,090,000 | n/a | 0.1% | |
| BancorpSouth | $1,070,000 | n/a | 0.1% | |
| Servion, Inc. | $1,190,000 | $1,050,000 | -11.8% | 0.1% |
| Community State Bank | $470,000 | $1,030,000 | 119.1% | 0.1% |
| Equity Prime Mortgage LLC | $470,000 | $1,030,000 | 119.1% | 0.1% |
| The Central Trust Bank | $1,030,000 | n/a | 0.1% | |
| Bank of America | $1,835,000 | $1,000,000 | -45.5% | 0.1% |
| INDIANA MEMBERS CREDIT UNION | $575,000 | $995,000 | 73.0% | 0.1% |
| ENDEAVOR CAPITAL, LLC. | $825,000 | $985,000 | 19.4% | 0.1% |
| Union Savings Bank | $1,895,000 | $985,000 | -48.0% | 0.1% |
| PLANET HOME LENDING, LLC | $320,000 | $980,000 | 206.3% | 0.1% |
| Stifel Bank and Trust | $920,000 | n/a | 0.1% | |
| WINTERWOOD MORTGAGE GROUP, LLC | $910,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $920,000 | $910,000 | -1.1% | 0.1% |
| UNION HOME MORTGAGE CORP. | $845,000 | $890,000 | 5.3% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $680,000 | $870,000 | 27.9% | 0.1% |
| CLEARPATH LENDING | $865,000 | n/a | 0.1% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $835,000 | n/a | 0.1% | |
| Citizens Bank | $575,000 | $830,000 | 44.3% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $185,000 | $810,000 | 337.8% | 0.1% |
| Bank of Wolcott | $650,000 | $805,000 | 23.8% | 0.1% |
| Raymond James Bank | $790,000 | $780,000 | -1.3% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $630,000 | $770,000 | 22.2% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $360,000 | $750,000 | 108.3% | 0.1% |
| AMERICAN FINANCING CORPORATION | $655,000 | $735,000 | 12.2% | 0.1% |
| ALLIANT CREDIT UNION | $725,000 | n/a | 0.1% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $710,000 | n/a | 0.1% | |
| Sierra Pacific Mortgage Company, Inc. | $225,000 | $690,000 | 206.7% | 0.1% |
| AmeriHome Mortgage Company, LLC | $680,000 | n/a | 0.1% | |
| American Mortgage & Equity Consultants, Inc. | $675,000 | n/a | 0.1% | |
| Figure Lending LLC | $800,000 | $675,000 | -15.6% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $405,000 | $655,000 | 61.7% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $555,000 | $655,000 | 18.0% | 0.1% |
| FLAT BRANCH MORTGAGE, INC. | $195,000 | $650,000 | 233.3% | 0.1% |
| First Federal Bank | $365,000 | $635,000 | 74.0% | 0.1% |
| ENVOY MORTGAGE, LTD | $630,000 | n/a | 0.1% | |
| Lake City Bank | $250,000 | $620,000 | 148.0% | 0.1% |
| ALLIED MORTGAGE GROUP, INC. | $355,000 | $610,000 | 71.8% | 0.1% |
| MILESTONE HOME LENDING, LLC | $610,000 | n/a | 0.1% | |
| DIGITAL Federal Credit Union | $225,000 | $605,000 | 168.9% | 0.1% |
| GREENSTATE CREDIT UNION | $385,000 | $605,000 | 57.1% | 0.1% |
| LAKE MICHIGAN CREDIT UNION | $745,000 | $590,000 | -20.8% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $460,000 | $570,000 | 23.9% | 0.1% |
| FIRST STATE MORTGAGE SERVICES, LLC | $445,000 | $560,000 | 25.8% | 0.1% |
| GENEVA FINANCIAL, LLC | $195,000 | $550,000 | 182.1% | 0.1% |
| NEW DAY FINANCIAL, LLC | $770,000 | $535,000 | -30.5% | 0.0% |
| Service Federal Credit Union | $525,000 | n/a | 0.0% | |
| OPEN MORTGAGE, LLC | $1,190,000 | $500,000 | -58.0% | 0.0% |
| Stock Yards Bank & Trust Company | $390,000 | $500,000 | 28.2% | 0.0% |
| SIRVA MORTGAGE, INC. | $965,000 | $485,000 | -49.7% | 0.0% |
| Strong Home Mortgage, LLC | $485,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $480,000 | n/a | 0.0% | |
| Community Bank | $475,000 | n/a | 0.0% | |
| First Mid Bank & Trust | $53,385,000 | $470,000 | -99.1% | 0.0% |
| EMM LOANS LLC | $440,000 | n/a | 0.0% | |
| First National Bank of America | $280,000 | $440,000 | 57.1% | 0.0% |
| Magnolia Bank | $285,000 | $415,000 | 45.6% | 0.0% |
| MORTGAGE ACCESS CORP. | $395,000 | $415,000 | 5.1% | 0.0% |
| The Loan Store, Inc. | $280,000 | $415,000 | 48.2% | 0.0% |
| ALTRA | $405,000 | n/a | 0.0% | |
| FORUM Credit Union | $470,000 | $405,000 | -13.8% | 0.0% |
| FINANCIAL BUILDERS Federal Credit Union | $145,000 | $390,000 | 169.0% | 0.0% |
| American Mortgage Bank, LLC | $385,000 | n/a | 0.0% | |
| Truist | $250,000 | $385,000 | 54.0% | 0.0% |
| AMWEST FUNDING CORP. | $370,000 | n/a | 0.0% | |
| Morgan Stanley Private Bank | $1,095,000 | $365,000 | -66.7% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $240,000 | $365,000 | 52.1% | 0.0% |
| Ixonia Bank | $550,000 | $360,000 | -34.5% | 0.0% |
| General Mortgage Capital Corporation | $345,000 | n/a | 0.0% | |
| 21ST MORTGAGE CORPORATION | $335,000 | n/a | 0.0% | |
| DEEPHAVEN MORTGAGE LLC | $335,000 | n/a | 0.0% | |
| INTERLINC MORTGAGE SERVICES, LLC | $335,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $1,510,000 | $330,000 | -78.1% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $640,000 | $330,000 | -48.4% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $295,000 | $325,000 | 10.2% | 0.0% |
| DELTA COMMUNITY CREDIT UNION | $375,000 | $305,000 | -18.7% | 0.0% |
| First United Bank and Trust Company | $305,000 | n/a | 0.0% | |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $305,000 | n/a | 0.0% | |
| NFM, INC. | $305,000 | n/a | 0.0% | |
| First Federal Savings Bank | $320,000 | $300,000 | -6.3% | 0.0% |
| Key Mortgage Services, Inc. | $295,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $295,000 | n/a | 0.0% | |
| DAS Acquisition Company, LLC | $285,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $285,000 | n/a | 0.0% | |
| JLB CORPORATION | $285,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $285,000 | n/a | 0.0% | |
| V.I.P. MORTGAGE, INC. | $275,000 | n/a | 0.0% | |
| Ally Bank | $265,000 | $270,000 | 1.9% | 0.0% |
| Liberty Bank and Trust Company | $265,000 | n/a | 0.0% | |
| WRIGHT-PATT CREDIT UNION, INC. | $265,000 | n/a | 0.0% | |
| American Community Bank of Indiana | $225,000 | $255,000 | 13.3% | 0.0% |
| Johnson Bank | $255,000 | n/a | 0.0% | |
| SILVER HILL FUNDING, LLC | $250,000 | n/a | 0.0% | |
| USAlliance Federal Credit Union | $115,000 | $250,000 | 117.4% | 0.0% |
| NBKC BANK | $1,650,000 | $245,000 | -85.2% | 0.0% |
| NP, Inc. | $245,000 | n/a | 0.0% | |
| 1786 | $590,000 | $240,000 | -59.3% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $440,000 | $235,000 | -46.6% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $235,000 | n/a | 0.0% | |
| Baxter Credit Union | $235,000 | n/a | 0.0% | |
| Acre Mortgage and Financial Inc | $225,000 | n/a | 0.0% | |
| BankFirst Financial Services | $225,000 | n/a | 0.0% | |
| Citizens Bank | $575,000 | $225,000 | -60.9% | 0.0% |
| Mercantile Bank of Michigan | $225,000 | n/a | 0.0% | |
| Northpointe Bank | $1,215,000 | $225,000 | -81.5% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $235,000 | $215,000 | -8.5% | 0.0% |
| Notre Dame Federal Credit Union Corporation | $215,000 | n/a | 0.0% | |
| UNITED HOME LOANS, INC. | $215,000 | n/a | 0.0% | |
| VERITAS FUNDING, LLC | $175,000 | $215,000 | 22.9% | 0.0% |
| M&T Bank | $320,000 | $210,000 | -34.4% | 0.0% |
| CRANE | $205,000 | n/a | 0.0% | |
| Texana Bank | $205,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $410,000 | $205,000 | -50.0% | 0.0% |
| POLARIS HOME FUNDING CORP. | $195,000 | n/a | 0.0% | |
| CONTOUR MORTGAGE CORPORATION | $185,000 | n/a | 0.0% | |
| CHURCHILL MORTGAGE CORPORATION | $675,000 | $175,000 | -74.1% | 0.0% |
| Civista Bank | $165,000 | n/a | 0.0% | |
| GSF Mortgage Corporation | $155,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $115,000 | $155,000 | 34.8% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $610,000 | $155,000 | -74.6% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $115,000 | $150,000 | 30.4% | 0.0% |
| Gateway First Bank | $150,000 | n/a | 0.0% | |
| A&D Mortgage LLC | $145,000 | n/a | 0.0% | |
| OAKTREE FUNDING CORP. | $415,000 | $145,000 | -65.1% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $105,000 | $135,000 | 28.6% | 0.0% |
| Transportation Federal Credit Union | $130,000 | n/a | 0.0% | |
| INOVA FEDERAL CREDIT UNION | $125,000 | n/a | 0.0% | |
| OCMBC, INC. | $125,000 | n/a | 0.0% | |
| Secured Investment Corp. | $125,000 | n/a | 0.0% | |
| TECH Credit Union | $205,000 | $120,000 | -41.5% | 0.0% |
| Citadel Servicing Corporation | $1,400,000 | $115,000 | -91.8% | 0.0% |
| HOMESTEAD FUNDING CORP. | $115,000 | n/a | 0.0% | |
| BEACON CREDIT UNION | $310,000 | $105,000 | -66.1% | 0.0% |
| Terre Haute Savings Bank | $105,000 | n/a | 0.0% | |
| Credit Union 1 | $90,000 | n/a | 0.0% | |
| BMO Harris Bank | $55,000 | $85,000 | 54.5% | 0.0% |
| State Department Federal Credit Union | $65,000 | n/a | 0.0% | |
| ASSEMBLIES OF GOD Credit Union | $55,000 | n/a | 0.0% | |
| First Federal Savings Bank | $320,000 | $55,000 | -82.8% | 0.0% |
| KeyBank | $45,000 | n/a | 0.0% |
LAFAYETTE - WEST LAFAYETTE's top lender by overall market share is PURDUE FEDERAL CREDIT UNION, with 13.3% market share. In second place, with 5.8%, is First Merchants Bank, having originated $62,905,000 in loans. In third place, with 5.1%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $55,120,000 in loans. In fourth place, with 4.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $52,225,000 in loans. In fifth place, with 4.0%, is QUICKEN LOANS, LLC, having originated $43,560,000 in loans.
LAFAYETTE - WEST LAFAYETTE Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - LAFAYETTE - WEST LAFAYETTE (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 | $169,900 (10.4%) | $204,585 (5.0%) | 0.63 | 473 |
| 2018-02-01 | $173,050 (9.3%) | $211,022 (6.4%) | 0.63 | 467 |
| 2018-03-01 | $185,000 (-3.4%) | $217,632 (-0.2%) | 0.65 | 446 |
| 2018-04-01 | $202,400 (1.3%) | $234,073 (2.8%) | 0.69 | 456 |
| 2018-05-01 | $199,450 (-2.7%) | $237,518 (3.1%) | 0.67 | 492 |
| 2018-06-01 | $205,900 (6.2%) | $244,156 (6.0%) | 0.69 | 519 |
| 2018-07-01 | $194,950 (2.9%) | $233,918 (5.3%) | 0.65 | 532 |
| 2018-08-01 | $191,250 (6.3%) | $228,188 (3.1%) | 0.64 | 557 |
| 2018-09-01 | $189,900 (2.7%) | $222,235 (-0.7%) | 0.64 | 558 |
| 2018-10-01 | $179,900 (-1.4%) | $216,223 (-3.6%) | 0.61 | 567 |
| 2018-11-01 | $184,000 (2.3%) | $215,354 (-4.2%) | 0.62 | 528 |
| 2018-12-01 | $189,900 (11.8%) | $217,992 (4.1%) | 0.66 | 459 |
| 2019-01-01 | $196,050 (15.4%) | $221,537 (8.3%) | 0.68 | 397 |
| 2019-02-01 | $197,325 (14.0%) | $221,462 (5.0%) | 0.67 | 378 |
| 2019-03-01 | $216,229 (16.9%) | $237,517 (9.1%) | 0.71 | 339 |
| 2019-04-01 | $238,500 (17.8%) | $256,715 (9.7%) | 0.76 | 295 |
| 2019-05-01 | $256,950 (28.8%) | $278,266 (17.2%) | 0.80 | 321 |
| 2019-06-01 | $250,000 (21.4%) | $278,683 (14.1%) | 0.78 | 330 |
| 2019-07-01 | $248,400 (27.4%) | $273,486 (16.9%) | 0.78 | 343 |
| 2019-08-01 | $236,718 (23.8%) | $266,745 (16.9%) | 0.75 | 362 |
| 2019-09-01 | $224,445 (18.2%) | $258,376 (16.3%) | 0.72 | 385 |
| 2019-10-01 | $216,264 (20.2%) | $252,612 (16.8%) | 0.70 | 399 |
| 2019-11-01 | $205,000 (11.4%) | $239,929 (11.4%) | 0.67 | 354 |
| 2019-12-01 | $201,000 (5.9%) | $240,124 (10.2%) | 0.67 | 275 |
| 2020-01-01 | $202,400 (3.2%) | $234,845 (6.0%) | 0.68 | 230 |
| 2020-02-01 | $235,900 (19.6%) | $258,815 (16.9%) | 0.77 | 242 |
| 2020-03-01 | $262,950 (21.6%) | $277,454 (16.8%) | 0.82 | 247 |
| 2020-04-01 | $238,850 (0.2%) | $268,329 (4.5%) | 0.75 | 271 |
| 2020-05-01 | $244,950 (-4.7%) | $278,531 (0.1%) | 0.74 | 259 |
| 2020-06-01 | $264,925 (6.0%) | $295,390 (6.0%) | 0.78 | 223 |
| 2020-07-01 | $252,450 (1.6%) | $293,058 (7.2%) | 0.73 | 227 |
| 2020-08-01 | $259,900 (9.8%) | $306,620 (15.0%) | 0.74 | 230 |
| 2020-09-01 | $249,200 (11.0%) | $295,138 (14.2%) | 0.71 | 235 |
| 2020-10-01 | $249,900 (15.6%) | $297,011 (17.6%) | 0.72 | 217 |
| 2020-11-01 | $245,725 (19.9%) | $289,388 (20.6%) | 0.72 | 185 |
| 2020-12-01 | $223,650 (11.3%) | $280,043 (16.6%) | 0.67 | 155 |
| 2021-01-01 | $199,450 (-1.5%) | $270,500 (15.2%) | 0.60 | 117 |
| 2021-02-01 | $238,200 (1.0%) | $311,609 (20.4%) | 0.69 | 84 |
| 2021-03-01 | $249,225 (-5.2%) | $305,453 (10.1%) | 0.71 | 90 |
| 2021-04-01 | $259,875 (8.8%) | $311,862 (16.2%) | 0.70 | 97 |
| 2021-05-01 | $239,900 (-2.1%) | $310,652 (11.5%) | 0.64 | 114 |
| 2021-06-01 | $223,725 (-15.6%) | $299,157 (1.3%) | 0.59 | 137 |
| 2021-07-01 | $217,450 (-13.9%) | $286,803 (-2.1%) | 0.57 | 167 |
| 2021-08-01 | $205,725 (-20.8%) | $269,250 (-12.2%) | 0.55 | 178 |
| 2021-09-01 | $216,592 (-13.1%) | $270,136 (-8.5%) | 0.58 | 194 |
| 2021-10-01 | $217,000 (-13.2%) | $275,893 (-7.1%) | 0.58 | 195 |
| 2021-11-01 | $225,750 (-8.1%) | $293,427 (1.4%) | 0.60 | 169 |
| 2021-12-01 | $224,925 (0.6%) | $297,837 (6.4%) | 0.61 | 137 |
| 2022-01-01 | $223,700 (12.2%) | $316,250 (16.9%) | 0.60 | 113 |
| 2022-02-01 | $260,950 (9.6%) | $342,153 (9.8%) | 0.68 | 96 |
| 2022-03-01 | $299,375 (20.1%) | $366,632 (20.0%) | 0.75 | 101 |
| 2022-04-01 | $325,000 (25.1%) | $386,505 (23.9%) | 0.77 | 108 |
| 2022-05-01 | $289,925 (20.9%) | $348,772 (12.3%) | 0.66 | 154 |
| 2022-06-01 | $282,400 (26.2%) | $340,625 (13.9%) | 0.63 | 183 |
| 2022-07-01 | $279,900 (28.7%) | $335,627 (17.0%) | 0.63 | 224 |
| 2022-08-01 | $290,000 (41.0%) | $343,651 (27.6%) | 0.67 | 195 |
| 2022-09-01 | $292,000 (34.8%) | $348,471 (29.0%) | 0.68 | 197 |
| 2022-10-01 | $300,000 (38.3%) | $356,339 (29.2%) | 0.71 | 215 |
| 2022-11-01 | $302,950 (34.2%) | $343,429 (17.0%) | 0.73 | 211 |
| 2022-12-01 | $314,900 (40.0%) | $353,687 (18.8%) | 0.78 | 204 |
| 2023-01-01 | $298,450 (33.4%) | $344,316 (8.9%) | 0.74 | 169 |
| 2023-02-01 | $304,900 (16.8%) | $340,912 (-0.4%) | 0.74 | 142 |
| 2023-03-01 | $288,925 (-3.5%) | $343,139 (-6.4%) | 0.68 | 112 |
| 2023-04-01 | $329,500 (1.4%) | $383,537 (-0.8%) | 0.77 | 106 |
| 2023-05-01 | $333,950 (15.2%) | $391,902 (12.4%) | 0.76 | 126 |
| 2023-06-01 | $354,950 (25.7%) | $399,596 (17.3%) | 0.80 | 144 |
| 2023-07-01 | $351,950 (25.7%) | $389,067 (15.9%) | 0.80 | 177 |
| 2023-08-01 | $331,250 (14.2%) | $351,371 (2.3%) | 0.76 | 180 |
| 2023-09-01 | $292,250 (0.1%) | $333,973 (-4.2%) | 0.68 | 191 |
| 2023-10-01 | $316,225 (5.4%) | $343,503 (-3.6%) | 0.74 | 218 |
| 2023-11-01 | $280,000 (-7.6%) | $332,166 (-3.3%) | 0.67 | 223 |
| 2023-12-01 | $309,500 (-1.7%) | $343,690 (-2.8%) | 0.75 | 178 |
| 2024-01-01 | $313,200 (4.9%) | $344,650 (0.1%) | 0.76 | 155 |
| 2024-02-01 | $320,375 (5.1%) | $364,099 (6.8%) | 0.77 | 134 |
| 2024-03-01 | $329,950 (14.2%) | $379,073 (10.5%) | 0.78 | 145 |
| 2024-04-01 | $326,750 (-0.8%) | $379,048 (-1.2%) | 0.76 | 156 |
| 2024-05-01 | $381,950 (14.4%) | $415,767 (6.1%) | 0.87 | 166 |
| 2024-06-01 | $364,900 (2.8%) | $401,061 (0.4%) | 0.83 | 209 |
| 2024-07-01 | $374,975 (6.5%) | $409,100 (5.2%) | 0.86 | 233 |
| 2024-08-01 | $359,950 (8.7%) | $396,629 (12.9%) | 0.84 | 236 |
| 2024-09-01 | $354,700 (21.4%) | $383,017 (14.7%) | 0.83 | 266 |
| 2024-10-01 | $350,175 (10.7%) | $378,516 (10.2%) | 0.82 | 259 |
| 2024-11-01 | $365,000 (30.4%) | $385,024 (15.9%) | 0.88 | 292 |
| 2024-12-01 | $364,975 (17.9%) | $376,036 (9.4%) | 0.91 | 252 |
| 2025-01-01 | $364,900 (16.5%) | $377,484 (9.5%) | 0.91 | 228 |
| 2025-02-01 | $362,425 (13.1%) | $394,629 (8.4%) | 0.88 | 234 |
| 2025-03-01 | $379,000 (14.9%) | $416,060 (9.8%) | 0.89 | 241 |
| 2025-04-01 | $383,975 (17.5%) | $424,911 (12.1%) | 0.89 | 259 |
LAFAYETTE - WEST LAFAYETTE's median listing price for 2025-04-01 was $383,975, a difference of
$57,225
(17.5%) versus the prior year and
$4,975 versus the prior month.
LAFAYETTE - WEST LAFAYETTE's median listing price comes in at 89% of the national average.
LAFAYETTE - WEST LAFAYETTE's average listing price for 2025-04-01 was $424,911, a difference of $45,863 (12.1%) versus the prior year and $8,851 versus the prior month.
For the 2025-04-01 period, LAFAYETTE - WEST LAFAYETTE had 259 MLS listings, a difference of 18 listings (7%) versus the prior month and 103 listings (66%) versus the prior year.
LAFAYETTE - WEST LAFAYETTE's median listing price comes in at 89% of the national average.
LAFAYETTE - WEST LAFAYETTE's average listing price for 2025-04-01 was $424,911, a difference of $45,863 (12.1%) versus the prior year and $8,851 versus the prior month.
For the 2025-04-01 period, LAFAYETTE - WEST LAFAYETTE had 259 MLS listings, a difference of 18 listings (7%) versus the prior month and 103 listings (66%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - LAFAYETTE - WEST LAFAYETTE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 71 days | 1,823 sqft |
| 2018-02-01 | 67 days | 1,885 sqft |
| 2018-03-01 | 46 days | 1,939 sqft |
| 2018-04-01 | 34 days | 2,021 sqft |
| 2018-05-01 | 33 days | 2,019 sqft |
| 2018-06-01 | 37 days | 2,121 sqft |
| 2018-07-01 | 39 days | 2,031 sqft |
| 2018-08-01 | 41 days | 2,023 sqft |
| 2018-09-01 | 47 days | 2,023 sqft |
| 2018-10-01 | 50 days | 1,977 sqft |
| 2018-11-01 | 53 days | 1,950 sqft |
| 2018-12-01 | 64 days | 1,974 sqft |
| 2019-01-01 | 71 days | 1,963 sqft |
| 2019-02-01 | 68 days | 1,908 sqft |
| 2019-03-01 | 48 days | 2,045 sqft |
| 2019-04-01 | 37 days | 2,227 sqft |
| 2019-05-01 | 31 days | 2,278 sqft |
| 2019-06-01 | 37 days | 2,218 sqft |
| 2019-07-01 | 41 days | 2,214 sqft |
| 2019-08-01 | 42 days | 2,187 sqft |
| 2019-09-01 | 44 days | 2,154 sqft |
| 2019-10-01 | 46 days | 2,131 sqft |
| 2019-11-01 | 54 days | 1,996 sqft |
| 2019-12-01 | 65 days | 1,906 sqft |
| 2020-01-01 | 65 days | 1,901 sqft |
| 2020-02-01 | 38 days | 2,034 sqft |
| 2020-03-01 | 38 days | 2,125 sqft |
| 2020-04-01 | 40 days | 2,029 sqft |
| 2020-05-01 | 52 days | 2,127 sqft |
| 2020-06-01 | 47 days | 2,218 sqft |
| 2020-07-01 | 44 days | 2,251 sqft |
| 2020-08-01 | 39 days | 2,232 sqft |
| 2020-09-01 | 34 days | 2,042 sqft |
| 2020-10-01 | 31 days | 2,034 sqft |
| 2020-11-01 | 42 days | 2,027 sqft |
| 2020-12-01 | 45 days | 2,000 sqft |
| 2021-01-01 | 47 days | 1,886 sqft |
| 2021-02-01 | 43 days | 2,067 sqft |
| 2021-03-01 | 21 days | 2,056 sqft |
| 2021-04-01 | 17 days | 2,104 sqft |
| 2021-05-01 | 16 days | 2,008 sqft |
| 2021-06-01 | 17 days | 1,960 sqft |
| 2021-07-01 | 23 days | 1,882 sqft |
| 2021-08-01 | 26 days | 1,841 sqft |
| 2021-09-01 | 22 days | 1,809 sqft |
| 2021-10-01 | 29 days | 1,780 sqft |
| 2021-11-01 | 32 days | 1,841 sqft |
| 2021-12-01 | 41 days | 1,851 sqft |
| 2022-01-01 | 47 days | 1,801 sqft |
| 2022-02-01 | 42 days | 1,827 sqft |
| 2022-03-01 | 29 days | 2,045 sqft |
| 2022-04-01 | 22 days | 2,185 sqft |
| 2022-05-01 | 14 days | 2,121 sqft |
| 2022-06-01 | 21 days | 2,025 sqft |
| 2022-07-01 | 23 days | 2,048 sqft |
| 2022-08-01 | 32 days | 2,082 sqft |
| 2022-09-01 | 31 days | 2,064 sqft |
| 2022-10-01 | 36 days | 2,055 sqft |
| 2022-11-01 | 43 days | 2,073 sqft |
| 2022-12-01 | 52 days | 2,108 sqft |
| 2023-01-01 | 58 days | 2,040 sqft |
| 2023-02-01 | 49 days | 2,033 sqft |
| 2023-03-01 | 38 days | 2,017 sqft |
| 2023-04-01 | 25 days | 2,037 sqft |
| 2023-05-01 | 22 days | 2,137 sqft |
| 2023-06-01 | 22 days | 2,127 sqft |
| 2023-07-01 | 24 days | 2,210 sqft |
| 2023-08-01 | 33 days | 2,034 sqft |
| 2023-09-01 | 36 days | 2,016 sqft |
| 2023-10-01 | 36 days | 2,054 sqft |
| 2023-11-01 | 37 days | 1,899 sqft |
| 2023-12-01 | 45 days | 1,970 sqft |
| 2024-01-01 | 58 days | 1,976 sqft |
| 2024-02-01 | 55 days | 1,990 sqft |
| 2024-03-01 | 29 days | 2,035 sqft |
| 2024-04-01 | 33 days | 2,008 sqft |
| 2024-05-01 | 28 days | 2,147 sqft |
| 2024-06-01 | 32 days | 2,072 sqft |
| 2024-07-01 | 35 days | 2,166 sqft |
| 2024-08-01 | 39 days | 2,199 sqft |
| 2024-09-01 | 40 days | 2,189 sqft |
| 2024-10-01 | 37 days | 2,138 sqft |
| 2024-11-01 | 41 days | 2,166 sqft |
| 2024-12-01 | 52 days | 2,147 sqft |
| 2025-01-01 | 62 days | 2,140 sqft |
| 2025-02-01 | 51 days | 2,118 sqft |
| 2025-03-01 | 40 days | 2,210 sqft |
| 2025-04-01 | 34 days | 2,168 sqft |
LAFAYETTE - WEST LAFAYETTE's median listing age (time on market) for 2025-04-01 was 34 days.
This
is 2%
longer
than the same period one year ago.
LAFAYETTE - WEST LAFAYETTE's median square footage for active listings during the 2025-04-01 period was 2,168 sqft. One year prior, the average listing was 2,008 sqft.
LAFAYETTE - WEST LAFAYETTE's median square footage for active listings during the 2025-04-01 period was 2,168 sqft. One year prior, the average listing was 2,008 sqft.
LAFAYETTE-WEST LAFAYETTE, IN Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,383 | $702,025,000 | $294,597 |
| Refi | 657 | $198,375,000 | $301,941 |
| Other | 595 | $50,225,000 | $84,412 |
| Cash Out Refi | 557 | $94,895,000 | $170,368 |
| Home Improvement | 513 | $42,465,000 | $82,778 |
Lafayette - West Lafayette's most frequently cited loan purpose was Home Purchase, with 2,383 originations. The 2nd most popular reason was Refi, with 657 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 1,930 | $458,880,000 | $237,762 |
| 7-8% | 1,152 | $235,820,000 | $204,705 |
| Over 8% | 845 | $140,945,000 | $166,799 |
| 5-6% | 419 | $136,085,000 | $324,785 |
| 4-5% | 34 | $8,700,000 | $255,882 |
| <2.5% | 24 | $180,000 | $7,500 |
| 3-4% | 7 | $1,325,000 | $189,286 |
| 2.5-3% | 2 | $350,000 | $175,000 |
During 2024, Lafayette - West Lafayette's most frequently originated rate bucket was 6-7%, with 1,930 originations.
Loan Sizing (LAFAYETTE-WEST LAFAYETTE, IN MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,585 | $436,485,000 | $275,385 |
| $100k-200k | 1,447 | $215,995,000 | $149,271 |
| $100,000 or less | 1,328 | $69,730,000 | $52,508 |
| $400k-600k | 261 | $123,275,000 | $472,318 |
| $600k-1000k | 60 | $43,380,000 | $723,000 |
| $Over $1MM | 24 | $199,120,000 | $8,296,667 |
LAFAYETTE - WEST LAFAYETTE's loan sizing saw the bucket of loans from $200k-400k with 1,585 originations, totaling $436,485,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,567 | $425,625,000 | $271,618 |
| 60-80% | 1,041 | $276,995,000 | $266,085 |
| Under 20% | 675 | $29,965,000 | $44,393 |
| 20-40% | 642 | $61,930,000 | $96,464 |
| 40-60% | 422 | $148,810,000 | $352,630 |
| Over 100% | 36 | $27,610,000 | $766,944 |
LAFAYETTE - WEST LAFAYETTE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,567 originations, totaling $425,625,000 in origination value.