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 6.41% for the week of 2023-05-25, compared to the national average of 6.57% for the same period.

The average rate for the prior week (2023-05-18) was 6.43% and one month ago for the week of 2023-04-20, the average rate was 6.13%.

Lafayette - West Lafayette's average rate one year ago was 5.39%.

For refis of the same type during the week of 2023-05-25, the average rate was 5.9%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-05-25 6.57%
Lafayette - West Lafayette 30 Year Fixed Rate 2023-05-25 6.41%
Lafayette - West Lafayette 30 Year Fixed Rate Refi 2023-05-25 5.9%
Lafayette - West Lafayette 15 Year Fixed Rate 2023-05-25 5.88%
Lafayette - West Lafayette 15 Year Fixed Rate Refi 2023-05-25 5.03%
Lafayette - West Lafayette 30 Year FHA 2023-05-25 6.72%
Lafayette - West Lafayette 30 Year FHA Refi 2023-05-25 6.71%
Lafayette - West Lafayette 30 Year USDA 2023-05-25 6.43%
Lafayette - West Lafayette 30 Year USDA Refi 2023-05-25 6.63%
Lafayette - West Lafayette 30 Year VA 2023-05-25 6.35%
Lafayette - West Lafayette 30 Year VA Refi 2023-05-25 6.41%
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.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
PURDUE FEDERAL CREDIT UNION 370 4.95% $2,611
RUOFF MORTGAGE COMPANY, INC. 199 5.26% $2,649
QUICKEN LOANS, LLC 143 4.90% $5,311
UNITED WHOLESALE MORTGAGE, LLC 106 5.62% $3,028
CALIBER HOME LOANS, INC. 96 5.38% $4,276
Regions Bank 88 5.06% $3,416
First Merchants Bank 80 5.14% $2,644
JPMorgan Chase Bank 76 4.68% $2,826
AMERICAN MORTGAGE SERVICE COMPANY 69 4.87% $3,541
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 69 5.80% $3,816
Old National Bank 67 4.84% $2,314
HALLMARK HOME MORTGAGE, LLC 62 5.44% $4,104
Centier Bank 59 5.39% $2,896
GVC MORTGAGE, INC. 49 5.34% $4,406
The Huntington National Bank 43 4.92% $3,455
Horizon Bank 37 5.14% $2,657
Security Federal Savings Bank 26 5.44% $2,028
Wells Fargo Bank 25 4.91% $3,571
The Fountain Trust Company 23 5.49% $1,978
Mr. Cooper ( Nationstar Mortgage ) 23 5.06% $6,080
Farm Credit Mid-America, ACA 19 5.23% $6,186
Fifth Third Bank 19 5.29% $3,206
PANORAMA MORTGAGE GROUP, LLC 18 5.74% $5,143
LOANDEPOT.COM, LLC 17 4.69% $4,339
FAIR WAY LENDING LLC 17 5.82% $5,142
AMERISAVE MORTGAGE CORPORATION 15 4.53% $8,225
FREEDOM MORTGAGE CORPORATION 14 4.76% $4,501
First Farmers Bank and Trust Company 12 5.49% $2,862
PENNYMAC LOAN SERVICES, LLC 11 5.07% $6,056
First Financial Bank 10 4.88% $2,648
1st Source Bank 10 5.45% $2,534
BROKER SOLUTIONS, INC. 10 5.65% $4,498
PNC Bank 10 4.19% $2,812
NAVY FEDERAL CREDIT UNION 9 5.19% $2,266
MOVEMENT MORTGAGE, LLC 9 5.28% $5,055
CITIZENS EQUITY FIRST 9 4.31% $890
U.S. Bank 9 4.82% $3,281
PRIMARY RESIDENTIAL MORTGAGE, INC. 9 5.50% $4,339
CMG MORTGAGE, INC. 8 4.80% $3,125
HOME POINT FINANCIAL CORPORATION 8 4.28% $5,890
Flagstar Bank, FSB 8 5.62% $4,350
BETTER MORTGAGE CORPORATION 8 4.59% $3,200
NEWREZ LLC 7 5.05% $4,475
Industrial Federal Credit Union 7 4.88% $3,242
TEACHERS CREDIT UNION 7 4.80% $2,555
ROYAL UNITED MORTGAGE LLC 6 5.46% $7,529
Bank of America 6 5.44% $3,029
FORUM Credit Union 6 5.75% $1,926
Community Mortgage Banc Corporation 5 5.65% $2,690
SUCCESS MORTGAGE PARTNERS, INC. 5 4.60% $8,376
OPEN MORTGAGE, LLC 5 5.65% $8,877
THRIVE MORTGAGE, LLC 5 6.65% $2,624
Elements Financial Federal Credit Union 5 4.78% $2,333
GUARANTEED RATE, INC. 5 5.45% $3,887
Community First Bank of Indiana 5 4.90% $2,482
Servion, Inc. 5 5.60% $2,332
First Financial Bank 4 4.81% $2,722
Ally Bank 4 5.09% $3,301
CHURCHILL MORTGAGE CORPORATION 4 5.84% $3,681
LAKEVIEW LOAN SERVICING, LLC 4 4.50% $3,624
NBKC BANK 4 5.62% $3,523
UNION HOME MORTGAGE CORP. 4 5.56% $3,211
Union Savings Bank 4 3.84% $415
The Federal Savings Bank 3 5.21% $5,065
Solidarity Community Federal Credit Union 3 3.79% $2,451
MUTUAL OF OMAHA MORTGAGE, INC. 3 4.33% $3,577
Mortgage Research Center, LLC 3 5.00% $3,883
First Internet Bank of Indiana 3 5.54% $3,777
LOANPAL, LLC 3 4.96% $4,878
CROSSCOUNTRY MORTGAGE, LLC 3 5.45% $3,502
JLB CORPORATION 3 6.25% $5,318
First National Bank of America 3 8.13% $7,274
Prosperity Home Mortgage, LLC 3 6.58% $3,914
Carrington Mortgage Services, LLC 3 4.83% $7,352
North American Savings Bank, F.S.B. 3 5.58% $1,436
WINTERWOOD MORTGAGE GROUP, LLC 3 6.42% $3,866
First Option Mortgage, LLC 3 6.42% $5,314
FIRST CENTENNIAL MORTGAGE CORPORATION 2 5.44% $2,738
EVERETT FINANCIAL, INC. 2 5.49% $1,741
EQUITY RESOURCES, INC. 2 6.63% $3,068
ENDEAVOR CAPITAL, LLC. 2 3.63% $4,748
DRAPER AND KRAMER MORTGAGE CORP. 2 4.56% $2,641
Dollar Bank, Federal Savings Bank 2 5.38% $3,045
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 5.00% $2,284
DIGITAL Federal Credit Union 2 4.31% $3,002
KELLER MORTGAGE, LLC 2 5.50% $2,271
KeyBank 2 5.63% $2,454
MICHIGAN MUTUAL, INC. 2 4.31% $2,019
Morgan Stanley Private Bank 2 5.18% $2,709
Civista Bank 2 4.75% $2,366
City National Bank 2 5.08% $3,180
PENTAGON FEDERAL CREDIT UNION 2 5.19% $3,156
PLAZA HOME MORTGAGE, INC. 2 5.25% $5,542
CARDINAL FINANCIAL 2 4.06% $3,149
PROVIDENT FUNDING ASSOCIATES, L.P. 2 5.50% $4,142
BLUELEAF LENDING, LLC 2 5.25% $2,576
BEACON CREDIT UNION 2 4.19% $1,861
Raymond James Bank 2 3.88% $1,924
Bank of England 2 4.88% $4,344
Bankers' Bank 2 4.50% $2,522
AmeriHome Mortgage Company, LLC 2 3.75% $4,439
AMERIFIRST FINANCIAL CORPORATION 2 6.31% $4,125
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 6.69% $4,122
Three Rivers Federal Credit Union 2 3.81% $3,111
Wolfe Financial, Inc 2 3.81% $2,370
UNIVERSITY LENDING GROUP, LLC 2 5.44% $2,379
V.I.P. MORTGAGE, INC. 2 5.12% $3,573
The Park National Bank 1 5.25% $2,408
EMBRACE HOME LOANS, INC. 1 6.25% $6,951
Third Federal Savings and Loan Association of Cleveland 1 3.99% $295
GUARANTEED RATE AFFINITY, LLC 1 5.95% $2,179
Northpointe Bank 1 6.50% $2,506
Notre Dame Federal Credit Union Corporation 1 5.50% $2,243
Citibank 1 3.38% $9,924
Old Second National Bank 1 3.88% $3,140
CHERRY CREEK MORTGAGE, LLC 1 5.50% $3,493
Centra Credit Union 1 4.75% $2,156
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 5.99% $3,288
FIRST COLONY MORTGAGE CORPORATION 1 3.13% $3,120
Peoples Bank 1 5.75% $2,199
PHH Mortgage Corporation 1 3.25% $4,706
ALLIED MORTGAGE GROUP, INC. 1 4.00% $2,255
Truist 1 3.60% $2,541
PREMIA MORTGAGE, LLC 1 5.50% $510
BMO Harris Bank 1 5.50% $3,025
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.88% $8,485
German American Bank 1 6.75% $2,504
First Federal Bank of the Midwest 1 4.38% $3,187
ZILLOW HOME LOANS, LLC 1 3.50% $2,917
ALLIANT CREDIT UNION 1 5.75% $3,614
University Bank 1 6.63% $4,867
First Federal Savings Bank 1 3.25% $2,836
Renasant Bank 1 3.50% $2,561
Advisors Mortgage Group, L.L.C. 1 6.63% $1,941
Arvest Bank 1 4.50% $4,649
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 4.63% $5,178
ANGEL OAK HOME LOANS LLC 1 7.63% $6,962
Sierra Pacific Mortgage Company, Inc. 1 5.50% $5,208
SOFI LENDING CORP. 1 3.63% $2,134
FLAT BRANCH MORTGAGE, INC. 1 5.99% $3,916
STANFORD Federal Credit Union 1 4.00% $2,946
Vibrant Credit Union 1 4.50% $1,522
FAY SERVICING, LLC 1 4.38% $3,768
Jackson County Bank 1 5.00% $2,457
Crossroads Bank 1 5.38% $1,824
EVANSVILLE TEACHERS 1 5.25% $2,497
KEMBA CREDIT UNION, INC. 1 3.63% $2,691
ADVANTAGE PLUS 1 5.88% $4,337
Key Mortgage Services, Inc. 1 7.38% $8,154
Wilmington Savings Fund Society, FSB 1 3.13% $1,433
INLANTA MORTGAGE, INC. 1 4.50% $7,855
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 6.62% $7,321
Loan Simple, Inc. 1 7.50% $5,282
Longview Bank & Trust 1 5.75% $4,301
MEMBER FIRST MORTGAGE, LLC 1 7.13% $2,601
The Home Loan Expert LLC 1 4.38% $4,413
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 1 3.75% $2,869
MID AMERICA MORTGAGE, INC. 1 3.50% $5,516
MJW Financial LLC 1 5.25% $2,638
AMERICAN FINANCING CORPORATION 1 4.38% $3,553
HOMESIDE FINANCIAL, LLC 1 5.00% $5,045
COMPASS MORTGAGE, INC. 1 3.50% $3,091
Colten Mortgage, LLC 1 3.75% $3,052
M&T Bank 1 3.88% $3,519
Discover Bank 1 3.69% $0

LAFAYETTE - WEST LAFAYETTE Average Closing Costs & Other Stats

LAFAYETTE-WEST LAFAYETTE, IN's 165 lenders originated 5,842 loans during 2022. The total origination value was $1,275,470,000, with an average loan value of $218,328.

LAFAYETTE - WEST LAFAYETTE's average closing costs are $3,492.

The top LAFAYETTE - WEST LAFAYETTE lender as defined by loan originations is PURDUE FEDERAL CREDIT UNION, with 370 loans originated. Their average total fees are $2,611, which is $37 lower than the next largest lender, RUOFF MORTGAGE COMPANY, INC..

The lowest fee LAFAYETTE - WEST LAFAYETTE lenders (with over 10 loans originated) are The Fountain Trust Company ($1,978), Security Federal Savings Bank ($2,028), Old National Bank ($2,314), 1st Source Bank ($2,534) and PURDUE FEDERAL CREDIT UNION ($2,611).

The lowest rate LAFAYETTE - WEST LAFAYETTE lenders (with over 10 loans originated) are PNC Bank (4.19%), AMERISAVE MORTGAGE CORPORATION (4.53%), JPMorgan Chase Bank (4.68%), LOANDEPOT.COM, LLC (4.69%) and FREEDOM MORTGAGE CORPORATION (4.76%).

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
PURDUE FEDERAL CREDIT UNION $279,730,000 $208,695,000 -25.4% 16.4%
RUOFF MORTGAGE COMPANY, INC. $166,420,000 $78,250,000 -53.0% 6.1%
Merchants Bank of Indiana $19,150,000 $65,675,000 243.0% 5.1%
QUICKEN LOANS, LLC $107,315,000 $53,270,000 -50.4% 4.2%
Capital One $44,620,000 $50,130,000 12.3% 3.9%
Centier Bank $46,560,000 $47,300,000 1.6% 3.7%
First Merchants Bank $68,715,000 $41,045,000 -40.3% 3.2%
Old National Bank $46,900,000 $40,300,000 -14.1% 3.2%
UNITED WHOLESALE MORTGAGE, LLC $63,230,000 $38,290,000 -39.4% 3.0%
CALIBER HOME LOANS, INC. $46,080,000 $35,920,000 -22.0% 2.8%
Regions Bank $47,385,000 $30,805,000 -35.0% 2.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $22,275,000 $29,280,000 31.4% 2.3%
The Huntington National Bank $30,590,000 $28,875,000 -5.6% 2.3%
The Fountain Trust Company $40,425,000 $25,885,000 -36.0% 2.0%
Associated Bank $25,005,000 n/a 2.0%
JPMorgan Chase Bank $40,160,000 $24,175,000 -39.8% 1.9%
AMERICAN MORTGAGE SERVICE COMPANY $51,500,000 $23,565,000 -54.2% 1.8%
Security Federal Savings Bank $36,955,000 $22,235,000 -39.8% 1.7%
HALLMARK HOME MORTGAGE, LLC $35,460,000 $21,250,000 -40.1% 1.7%
WALKER & DUNLOP, LLC $20,825,000 n/a 1.6%
Horizon Bank $28,835,000 $18,905,000 -34.4% 1.5%
Mortgage Research Center, LLC $11,425,000 $14,005,000 22.6% 1.1%
GVC MORTGAGE, INC. $19,850,000 $13,390,000 -32.5% 1.0%
Fifth Third Bank $14,190,000 $11,355,000 -20.0% 0.9%
FREEDOM MORTGAGE CORPORATION $35,185,000 $10,655,000 -69.7% 0.8%
Santander Bank, N.A. $10,635,000 n/a 0.8%
LOANDEPOT.COM, LLC $18,315,000 $9,815,000 -46.4% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $11,540,000 $9,650,000 -16.4% 0.8%
First Farmers Bank and Trust Company $11,875,000 $8,280,000 -30.3% 0.6%
Industrial Federal Credit Union $7,910,000 $7,720,000 -2.4% 0.6%
PANORAMA MORTGAGE GROUP, LLC $15,675,000 $7,475,000 -52.3% 0.6%
Wells Fargo Bank $12,600,000 $7,235,000 -42.6% 0.6%
1st Source Bank $11,645,000 $6,960,000 -40.2% 0.5%
NAVY FEDERAL CREDIT UNION $5,785,000 $6,425,000 11.1% 0.5%
Farm Credit Mid-America, ACA $9,935,000 $6,375,000 -35.8% 0.5%
First Financial Bank $225,000 $5,935,000 2,537.8% 0.5%
AMERISAVE MORTGAGE CORPORATION $9,495,000 $5,565,000 -41.4% 0.4%
FAIR WAY LENDING LLC $7,570,000 $5,460,000 -27.9% 0.4%
Busey Bank $5,375,000 n/a 0.4%
PENNYMAC LOAN SERVICES, LLC $9,395,000 $5,255,000 -44.1% 0.4%
Elements Financial Federal Credit Union $3,220,000 $4,930,000 53.1% 0.4%
U.S. Bank $4,260,000 $4,605,000 8.1% 0.4%
The Farmers and Merchants Bank $17,930,000 $4,340,000 -75.8% 0.3%
HOME POINT FINANCIAL CORPORATION $7,085,000 $4,240,000 -40.2% 0.3%
CITIZENS EQUITY FIRST $2,745,000 $4,090,000 49.0% 0.3%
CMG MORTGAGE, INC. $11,435,000 $4,045,000 -64.6% 0.3%
PRIMARY RESIDENTIAL MORTGAGE, INC. $8,300,000 $3,965,000 -52.2% 0.3%
Alliance Bank $3,245,000 $3,955,000 21.9% 0.3%
MOVEMENT MORTGAGE, LLC $295,000 $3,830,000 1,198.3% 0.3%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $3,705,000 n/a 0.3%
NEWREZ LLC $7,480,000 $3,400,000 -54.5% 0.3%
BROKER SOLUTIONS, INC. $4,600,000 $3,170,000 -31.1% 0.2%
PNC Bank $4,010,000 $3,060,000 -23.7% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $2,610,000 $2,875,000 10.2% 0.2%
USAA Federal Savings Bank $3,750,000 $2,740,000 -26.9% 0.2%
BETTER MORTGAGE CORPORATION $10,330,000 $2,400,000 -76.8% 0.2%
GUARANTEED RATE, INC. $2,940,000 $2,400,000 -18.4% 0.2%
State Bank of Lizton $2,280,000 n/a 0.2%
Pinnacle Bank $265,000 $2,255,000 750.9% 0.2%
THRIVE MORTGAGE, LLC $2,255,000 n/a 0.2%
The Farmers Bank, Frankfort, Indiana $3,685,000 $2,150,000 -41.7% 0.2%
SUCCESS MORTGAGE PARTNERS, INC. $2,995,000 $2,085,000 -30.4% 0.2%
LAKEVIEW LOAN SERVICING, LLC $4,580,000 $2,060,000 -55.0% 0.2%
Flagstar Bank, FSB $3,130,000 $2,045,000 -34.7% 0.2%
Bank of America $3,475,000 $1,960,000 -43.6% 0.2%
TEACHERS CREDIT UNION $1,350,000 $1,930,000 43.0% 0.2%
ROYAL UNITED MORTGAGE LLC $3,090,000 $1,890,000 -38.8% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $3,450,000 $1,875,000 -45.7% 0.1%
NEW DAY FINANCIAL, LLC $2,130,000 $1,760,000 -17.4% 0.1%
Carrington Mortgage Services, LLC $3,510,000 $1,705,000 -51.4% 0.1%
OPEN MORTGAGE, LLC $435,000 $1,690,000 288.5% 0.1%
The Federal Savings Bank $1,350,000 $1,670,000 23.7% 0.1%
Wolfe Financial, Inc $3,235,000 $1,640,000 -49.3% 0.1%
PLAZA HOME MORTGAGE, INC. $635,000 $1,620,000 155.1% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $2,405,000 $1,580,000 -34.3% 0.1%
FORUM Credit Union $740,000 $1,525,000 106.1% 0.1%
INLANTA MORTGAGE, INC. $3,220,000 $1,485,000 -53.9% 0.1%
First Federal Bank of the Midwest $560,000 $1,450,000 158.9% 0.1%
Union Savings Bank $5,040,000 $1,445,000 -71.3% 0.1%
BMO Harris Bank $620,000 $1,395,000 125.0% 0.1%
NBKC BANK $545,000 $1,395,000 156.0% 0.1%
Ally Bank $1,485,000 $1,380,000 -7.1% 0.1%
PENTAGON FEDERAL CREDIT UNION $1,165,000 $1,290,000 10.7% 0.1%
Servion, Inc. $2,445,000 $1,205,000 -50.7% 0.1%
LOANPAL, LLC $175,000 $1,200,000 585.7% 0.1%
CLEARPATH LENDING $2,530,000 $1,125,000 -55.5% 0.1%
Community First Bank of Indiana $1,505,000 $1,095,000 -27.2% 0.1%
JLB CORPORATION $1,385,000 $1,060,000 -23.5% 0.1%
CHURCHILL MORTGAGE CORPORATION $625,000 $1,055,000 68.8% 0.1%
CHERRY CREEK MORTGAGE, LLC $1,140,000 $1,045,000 -8.3% 0.1%
First Financial Bank $225,000 $1,030,000 357.8% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $1,430,000 $1,005,000 -29.7% 0.1%
UNION HOME MORTGAGE CORP. $1,745,000 $1,005,000 -42.4% 0.1%
The Home National Bank of Thorntown $970,000 n/a 0.1%
FIRST CENTENNIAL MORTGAGE CORPORATION $1,205,000 $955,000 -20.7% 0.1%
AMERIFIRST FINANCIAL CORPORATION $2,045,000 $930,000 -54.5% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $1,620,000 $930,000 -42.6% 0.1%
Dollar Bank, Federal Savings Bank $595,000 $920,000 54.6% 0.1%
Northpointe Bank $305,000 $915,000 200.0% 0.1%
First Internet Bank of Indiana $3,235,000 $905,000 -72.0% 0.1%
Civista Bank $895,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $885,000 $885,000 0.0% 0.1%
City National Bank $880,000 n/a 0.1%
1ST SIGNATURE LENDING, LLC $1,555,000 $865,000 -44.4% 0.1%
Nations Lending Corporation $790,000 $855,000 8.2% 0.1%
AmeriHome Mortgage Company, LLC $1,350,000 $850,000 -37.0% 0.1%
Community Mortgage Banc Corporation $1,080,000 $845,000 -21.8% 0.1%
First Guaranty Mortgage Corporation $3,665,000 $845,000 -76.9% 0.1%
UNIVERSITY LENDING GROUP, LLC $2,210,000 $810,000 -63.3% 0.1%
Three Rivers Federal Credit Union $800,000 n/a 0.1%
SPRING EQ, LLC $220,000 $785,000 256.8% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $895,000 $780,000 -12.8% 0.1%
Centra Credit Union $310,000 $780,000 151.6% 0.1%
Hoosier Heartland State Bank $1,040,000 $775,000 -25.5% 0.1%
Discover Bank $625,000 $770,000 23.2% 0.1%
EVANSVILLE TEACHERS $625,000 $770,000 23.2% 0.1%
Figure Lending LLC $275,000 $760,000 176.4% 0.1%
Loan Simple, Inc. $760,000 n/a 0.1%
Citizens Bank $315,000 $750,000 138.1% 0.1%
VILLAGE CAPITAL MORTGAGE $2,635,000 $750,000 -71.5% 0.1%
Hometown Lenders, Inc. $745,000 n/a 0.1%
Raymond James Bank $940,000 $740,000 -21.3% 0.1%
Citibank $105,000 $735,000 600.0% 0.1%
WINTERWOOD MORTGAGE GROUP, LLC $420,000 $735,000 75.0% 0.1%
Morgan Stanley Private Bank $730,000 n/a 0.1%
First National Bank of America $715,000 $725,000 1.4% 0.1%
Third Federal Savings and Loan Association of Cleveland $435,000 $705,000 62.1% 0.1%
NFM, INC. $690,000 n/a 0.1%
AMERICAN FINANCING CORPORATION $885,000 $685,000 -22.6% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,430,000 $675,000 -52.8% 0.1%
First Option Mortgage, LLC $975,000 $665,000 -31.8% 0.1%
Prosperity Home Mortgage, LLC $665,000 n/a 0.1%
ENDEAVOR CAPITAL, LLC. $1,230,000 $660,000 -46.3% 0.1%
V.I.P. MORTGAGE, INC. $645,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $1,025,000 $620,000 -39.5% 0.0%
EVERETT FINANCIAL, INC. $490,000 $615,000 25.5% 0.0%
First Federal Savings Bank $95,000 $610,000 542.1% 0.0%
DIGITAL Federal Credit Union $235,000 $605,000 157.4% 0.0%
North American Savings Bank, F.S.B. $850,000 $605,000 -28.8% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $600,000 n/a 0.0%
BEACON CREDIT UNION $800,000 $585,000 -26.9% 0.0%
Truist $1,035,000 $570,000 -44.9% 0.0%
Solidarity Community Federal Credit Union $695,000 $555,000 -20.1% 0.0%
PREMIA MORTGAGE, LLC $535,000 n/a 0.0%
FINANCE OF AMERICA MORTGAGE LLC $1,235,000 $525,000 -57.5% 0.0%
KeyBank $1,550,000 $505,000 -67.4% 0.0%
ALLIANT CREDIT UNION $495,000 n/a 0.0%
The Home Loan Expert LLC $325,000 $480,000 47.7% 0.0%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $225,000 $465,000 106.7% 0.0%
AMERICAN ADVISORS GROUP $675,000 $460,000 -31.9% 0.0%
Colten Mortgage, LLC $300,000 $440,000 46.7% 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $900,000 $440,000 -51.1% 0.0%
Magnolia Bank $125,000 $435,000 248.0% 0.0%
Bank of England $435,000 $430,000 -1.1% 0.0%
MID AMERICA MORTGAGE, INC. $1,025,000 $430,000 -58.0% 0.0%
Vibrant Credit Union $490,000 $425,000 -13.3% 0.0%
Old Second National Bank $415,000 n/a 0.0%
KELLER MORTGAGE, LLC $2,325,000 $410,000 -82.4% 0.0%
Arvest Bank $765,000 $405,000 -47.1% 0.0%
Semper Home Loans, Inc. $405,000 n/a 0.0%
RELIANCE FIRST CAPITAL, LLC $1,750,000 $400,000 -77.1% 0.0%
Northwest Bank $390,000 n/a 0.0%
Belmont Savings Bank $385,000 n/a 0.0%
BNC National Bank $375,000 n/a 0.0%
MICHIGAN MUTUAL, INC. $370,000 n/a 0.0%
OAKTREE FUNDING CORP. $370,000 n/a 0.0%
Armed Forces Bank $365,000 n/a 0.0%
KEMBA CREDIT UNION, INC. $365,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $1,355,000 $365,000 -73.1% 0.0%
LENDINGHOME FUNDING CORPORATION $360,000 n/a 0.0%
First Bank of Berne $345,000 n/a 0.0%
BLUELEAF LENDING, LLC $345,000 $340,000 -1.4% 0.0%
MJW Financial LLC $1,550,000 $340,000 -78.1% 0.0%
Advisors Mortgage Group, L.L.C. $335,000 n/a 0.0%
STANFORD Federal Credit Union $335,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $300,000 $335,000 11.7% 0.0%
Catlin Bank $835,000 $325,000 -61.1% 0.0%
Crossroads Bank $325,000 n/a 0.0%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $325,000 n/a 0.0%
OCEANSIDE MORTGAGE COMPANY $930,000 $310,000 -66.7% 0.0%
ANGEL OAK HOME LOANS LLC $265,000 $295,000 11.3% 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $295,000 n/a 0.0%
Bankers' Bank $1,290,000 $285,000 -77.9% 0.0%
PHH Mortgage Corporation $760,000 $285,000 -62.5% 0.0%
SIRVA MORTGAGE, INC. $1,075,000 $285,000 -73.5% 0.0%
Strong Home Mortgage, LLC $285,000 n/a 0.0%
GUARANTEED RATE AFFINITY, LLC $990,000 $275,000 -72.2% 0.0%
Citizens Bank $315,000 $270,000 -14.3% 0.0%
GREENSTATE CREDIT UNION $270,000 n/a 0.0%
CANOPY MORTGAGE, LLC $355,000 $265,000 -25.4% 0.0%
Key Mortgage Services, Inc. $265,000 n/a 0.0%
N R L Federal Credit Union $55,000 $265,000 381.8% 0.0%
LEADERONE FINANCIAL CORPORATION $1,320,000 $255,000 -80.7% 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $720,000 $255,000 -64.6% 0.0%
EQUITY RESOURCES, INC. $190,000 $250,000 31.6% 0.0%
ALLIED MORTGAGE GROUP, INC. $245,000 n/a 0.0%
ADVANTAGE PLUS $235,000 n/a 0.0%
DELTA COMMUNITY CREDIT UNION $235,000 n/a 0.0%
Longview Bank & Trust $920,000 $235,000 -74.5% 0.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $2,240,000 $235,000 -89.5% 0.0%
21ST MORTGAGE CORPORATION $810,000 $230,000 -71.6% 0.0%
Sunflower Bank $85,000 $230,000 170.6% 0.0%
FIRST COMMUNITY MORTGAGE, INC. $205,000 $225,000 9.8% 0.0%
LNB COMMUNITY BANK $225,000 n/a 0.0%
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $225,000 n/a 0.0%
Municipal Trust and Savings Bank $225,000 n/a 0.0%
EMBRACE HOME LOANS, INC. $270,000 $215,000 -20.4% 0.0%
PLANET HOME LENDING, LLC $1,180,000 $215,000 -81.8% 0.0%
LONGBRIDGE FINANCIAL, LLC $55,000 $205,000 272.7% 0.0%
Low VA Rates, LLC $835,000 $205,000 -75.4% 0.0%
Southwest Airlines Federal Credit Union $205,000 n/a 0.0%
STAR Financial Bank $1,700,000 $205,000 -87.9% 0.0%
UNITED MORTGAGE CORP. $175,000 $205,000 17.1% 0.0%
DEEPHAVEN MORTGAGE LLC $200,000 n/a 0.0%
PARTNERS UNITED FINANCIAL, LLC $195,000 n/a 0.0%
Peoples Bank $195,000 n/a 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $85,000 $195,000 129.4% 0.0%
Wilmington Savings Fund Society, FSB $195,000 n/a 0.0%
First American Bank $190,000 n/a 0.0%
MEMBER FIRST MORTGAGE, LLC $115,000 $190,000 65.2% 0.0%
The North Salem State Bank $225,000 $190,000 -15.6% 0.0%
CHEVRON $185,000 n/a 0.0%
COMPASS MORTGAGE, INC. $335,000 $185,000 -44.8% 0.0%
FLAT BRANCH MORTGAGE, INC. $725,000 $185,000 -74.5% 0.0%
Stock Yards Bank & Trust Company $350,000 $185,000 -47.1% 0.0%
The Genoa Banking Company $185,000 n/a 0.0%
AMWEST FUNDING CORP. $330,000 $175,000 -47.0% 0.0%
Fidelity Bank $225,000 $175,000 -22.2% 0.0%
German American Bank $115,000 $175,000 52.2% 0.0%
TUCKER MORTGAGE, LLC $65,000 $175,000 169.2% 0.0%
UNITED $175,000 n/a 0.0%
FIRST COLONY MORTGAGE CORPORATION $165,000 n/a 0.0%
Texana Bank $165,000 n/a 0.0%
Wyndham Capital Mortgage, Inc. $2,045,000 $165,000 -91.9% 0.0%
GUIDANCE RESIDENTIAL, LLC $155,000 n/a 0.0%
GUILD MORTGAGE COMPANY $155,000 n/a 0.0%
Lake City Bank $155,000 n/a 0.0%
Sierra Pacific Mortgage Company, Inc. $155,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $200,000 $145,000 -27.5% 0.0%
Renasant Bank $190,000 $145,000 -23.7% 0.0%
WINGS FINANCIAL $145,000 n/a 0.0%
The Park National Bank $135,000 n/a 0.0%
Citadel Servicing Corporation $115,000 $125,000 8.7% 0.0%
CIVIC FINANCIAL SERVICES, LLC $125,000 n/a 0.0%
First Western Federal Savings Bank $125,000 n/a 0.0%
SOFI LENDING CORP. $920,000 $125,000 -86.4% 0.0%
FINANCIAL CENTER FIRST CREDIT UNION $115,000 n/a 0.0%
HOMESIDE FINANCIAL, LLC $1,545,000 $115,000 -92.6% 0.0%
HOMESTEAD FUNDING CORP. $1,230,000 $115,000 -90.7% 0.0%
Jackson County Bank $265,000 $115,000 -56.6% 0.0%
A&D Mortgage LLC $105,000 n/a 0.0%
NETWORK CAPITAL FUNDING CORPORATION $105,000 n/a 0.0%
University Bank $105,000 n/a 0.0%
FAY SERVICING, LLC $95,000 n/a 0.0%
Iroquois Federal Savings and Loan Association $1,085,000 $75,000 -93.1% 0.0%
INDIANA MEMBERS CREDIT UNION $425,000 $65,000 -84.7% 0.0%
Notre Dame Federal Credit Union Corporation $65,000 n/a 0.0%
M&T Bank $485,000 $55,000 -88.7% 0.0%
USAlliance Federal Credit Union $45,000 n/a 0.0%

LAFAYETTE - WEST LAFAYETTE's top lender by overall market share is PURDUE FEDERAL CREDIT UNION, with 16.4% market share. In second place, with 6.1%, is RUOFF MORTGAGE COMPANY, INC., having originated $78,250,000 in loans. In third place, with 5.1%, is Merchants Bank of Indiana, having originated $65,675,000 in loans. In fourth place, with 4.2%, is QUICKEN LOANS, LLC, having originated $53,270,000 in loans. In fifth place, with 3.9%, is Capital One, having originated $50,130,000 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 (10.0%) $204,585 (4.7%) 0.63 473
2018-02-01 $173,225 (8.4%) $211,029 (6.1%) 0.63 468
2018-03-01 $185,000 (-4.3%) $217,637 (-0.5%) 0.65 446
2018-04-01 $202,400 (1.3%) $234,236 (2.6%) 0.69 456
2018-05-01 $199,675 (-2.4%) $237,154 (3.0%) 0.67 492
2018-06-01 $205,450 (6.0%) $244,034 (5.9%) 0.69 519
2018-07-01 $195,450 (3.0%) $233,700 (5.2%) 0.65 532
2018-08-01 $190,475 (5.8%) $228,034 (3.0%) 0.64 557
2018-09-01 $189,900 (2.7%) $222,373 (-0.7%) 0.64 559
2018-10-01 $179,900 (-1.4%) $216,085 (-3.6%) 0.61 567
2018-11-01 $184,250 (2.4%) $215,264 (-4.3%) 0.62 528
2018-12-01 $189,900 (11.8%) $217,992 (4.1%) 0.66 459
2019-01-01 $196,200 (15.5%) $221,797 (8.4%) 0.68 397
2019-02-01 $197,325 (13.9%) $221,711 (5.1%) 0.67 380
2019-03-01 $229,900 (24.3%) $243,074 (11.7%) 0.77 304
2019-04-01 $239,500 (18.3%) $258,423 (10.3%) 0.76 292
2019-05-01 $257,600 (29.0%) $278,628 (17.5%) 0.81 322
2019-06-01 $251,950 (22.6%) $279,283 (14.4%) 0.79 331
2019-07-01 $248,550 (27.2%) $274,100 (17.3%) 0.78 344
2019-08-01 $249,950 (31.2%) $273,289 (19.9%) 0.78 353
2019-09-01 $242,200 (27.5%) $265,423 (19.4%) 0.76 351
2019-10-01 $217,550 (20.9%) $252,892 (17.0%) 0.70 402
2019-11-01 $205,000 (11.3%) $240,357 (11.7%) 0.67 355
2019-12-01 $201,725 (6.2%) $240,603 (10.4%) 0.67 276
2020-01-01 $203,250 (3.6%) $234,845 (5.9%) 0.68 230
2020-02-01 $237,900 (20.6%) $259,328 (17.0%) 0.78 243
2020-03-01 $264,575 (15.1%) $277,860 (14.3%) 0.83 249
2020-04-01 $239,900 (0.2%) $269,130 (4.1%) 0.75 273
2020-05-01 $245,000 (-4.9%) $279,171 (0.2%) 0.74 261
2020-06-01 $264,950 (5.2%) $295,390 (5.8%) 0.78 223
2020-07-01 $252,450 (1.6%) $293,058 (6.9%) 0.73 227
2020-08-01 $259,900 (4.0%) $306,620 (12.2%) 0.74 230
2020-09-01 $249,200 (2.9%) $295,138 (11.2%) 0.71 235
2020-10-01 $249,900 (14.9%) $297,011 (17.5%) 0.72 217
2020-11-01 $245,725 (19.9%) $289,388 (20.4%) 0.72 185
2020-12-01 $223,650 (10.9%) $280,043 (16.4%) 0.67 155
2021-01-01 $199,450 (-1.9%) $270,500 (15.2%) 0.60 117
2021-02-01 $238,200 (0.1%) $311,609 (20.2%) 0.69 84
2021-03-01 $249,225 (-5.8%) $305,453 (9.9%) 0.71 91
2021-04-01 $261,100 (8.8%) $312,687 (16.2%) 0.71 98
2021-05-01 $242,450 (-1.0%) $310,652 (11.3%) 0.64 114
2021-06-01 $223,725 (-15.6%) $299,157 (1.3%) 0.59 137
2021-07-01 $217,450 (-13.9%) $287,057 (-2.1%) 0.57 167
2021-08-01 $205,725 (-20.8%) $269,250 (-12.2%) 0.55 178
2021-09-01 $217,450 (-12.7%) $270,625 (-8.3%) 0.58 194
2021-10-01 $219,000 (-12.4%) $276,791 (-6.8%) 0.58 196
2021-11-01 $227,000 (-7.6%) $294,344 (1.7%) 0.61 170
2021-12-01 $224,950 (0.6%) $298,387 (6.6%) 0.61 137
2022-01-01 $225,000 (12.8%) $316,250 (16.9%) 0.61 113
2022-02-01 $260,950 (9.6%) $342,153 (9.8%) 0.68 96
2022-03-01 $299,750 (20.3%) $366,672 (20.0%) 0.75 101
2022-04-01 $325,000 (24.5%) $386,505 (23.6%) 0.77 108
2022-05-01 $289,925 (19.6%) $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 (16.9%) 0.63 224
2022-08-01 $290,000 (41.0%) $343,695 (27.7%) 0.67 195
2022-09-01 $292,000 (34.3%) $348,471 (28.8%) 0.68 198
2022-10-01 $300,000 (37.0%) $356,339 (28.7%) 0.71 215
2022-11-01 $302,950 (33.5%) $343,429 (16.7%) 0.73 211
2022-12-01 $314,900 (40.0%) $353,687 (18.5%) 0.78 204
2023-01-01 $298,450 (32.6%) $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 (-3.6%) $343,139 (-6.4%) 0.68 112
2023-04-01 $329,000 (1.2%) $381,785 (-1.2%) 0.77 107
LAFAYETTE - WEST LAFAYETTE's median listing price for 2023-04-01 was $329,000, a difference of $4,000 (1.2%) versus the prior year and $40,075 versus the prior month.

LAFAYETTE - WEST LAFAYETTE's median listing price comes in at 77% of the national average.

LAFAYETTE - WEST LAFAYETTE's average listing price for 2023-04-01 was $381,785, a difference of $-4,720 (-1.2%) versus the prior year and $38,646 versus the prior month.

For the 2023-04-01 period, LAFAYETTE - WEST LAFAYETTE had 107 MLS listings, a difference of -5 listings (-4%) versus the prior month and -1 listings (-1%) 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 72 days 1,823 sqft
2018-02-01 68 days 1,882 sqft
2018-03-01 47 days 1,939 sqft
2018-04-01 37 days 2,022 sqft
2018-05-01 36 days 2,013 sqft
2018-06-01 38 days 2,123 sqft
2018-07-01 41 days 2,031 sqft
2018-08-01 43 days 2,023 sqft
2018-09-01 50 days 2,020 sqft
2018-10-01 51 days 1,977 sqft
2018-11-01 55 days 1,949 sqft
2018-12-01 66 days 1,974 sqft
2019-01-01 73 days 1,966 sqft
2019-02-01 71 days 1,908 sqft
2019-03-01 54 days 2,138 sqft
2019-04-01 38 days 2,227 sqft
2019-05-01 32 days 2,281 sqft
2019-06-01 37 days 2,218 sqft
2019-07-01 43 days 2,219 sqft
2019-08-01 50 days 2,291 sqft
2019-09-01 59 days 2,241 sqft
2019-10-01 47 days 2,124 sqft
2019-11-01 54 days 2,000 sqft
2019-12-01 67 days 1,913 sqft
2020-01-01 68 days 1,902 sqft
2020-02-01 39 days 2,034 sqft
2020-03-01 38 days 2,122 sqft
2020-04-01 42 days 2,031 sqft
2020-05-01 53 days 2,127 sqft
2020-06-01 49 days 2,218 sqft
2020-07-01 44 days 2,251 sqft
2020-08-01 39 days 2,246 sqft
2020-09-01 36 days 2,042 sqft
2020-10-01 36 days 2,034 sqft
2020-11-01 44 days 2,027 sqft
2020-12-01 46 days 2,000 sqft
2021-01-01 51 days 1,886 sqft
2021-02-01 49 days 2,067 sqft
2021-03-01 25 days 2,056 sqft
2021-04-01 17 days 2,120 sqft
2021-05-01 16 days 2,008 sqft
2021-06-01 17 days 1,960 sqft
2021-07-01 23 days 1,881 sqft
2021-08-01 26 days 1,841 sqft
2021-09-01 23 days 1,810 sqft
2021-10-01 29 days 1,784 sqft
2021-11-01 32 days 1,846 sqft
2021-12-01 41 days 1,852 sqft
2022-01-01 47 days 1,801 sqft
2022-02-01 46 days 1,827 sqft
2022-03-01 29 days 2,030 sqft
2022-04-01 23 days 2,182 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 34 days 2,077 sqft
2022-09-01 32 days 2,064 sqft
2022-10-01 36 days 2,055 sqft
2022-11-01 44 days 2,073 sqft
2022-12-01 54 days 2,108 sqft
2023-01-01 60 days 2,040 sqft
2023-02-01 59 days 2,033 sqft
2023-03-01 39 days 2,017 sqft
2023-04-01 25 days 2,036 sqft
LAFAYETTE - WEST LAFAYETTE's median listing age (time on market) for 2023-04-01 was 25 days. This is 9% longer than the same period one year ago.

LAFAYETTE - WEST LAFAYETTE's median square footage for active listings during the 2023-04-01 period was 2,036 sqft. One year prior, the average listing was 2,182 sqft.

LAFAYETTE-WEST LAFAYETTE, IN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 3,008 $784,020,000 $260,645
Cash Out Refi 1,039 $173,155,000 $166,655
Refi 769 $223,145,000 $290,176
Home Improvement 602 $49,550,000 $82,309
Other 424 $45,600,000 $107,547

Lafayette - West Lafayette's most frequently cited loan purpose was Home Purchase, with 3,008 originations. The 2nd most popular reason was Cash Out Refi, with 1,039 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 1,615 $311,335,000 $192,777
4-5% 1,233 $311,875,000 $252,940
3-4% 1,155 $281,265,000 $243,519
6-7% 777 $138,795,000 $178,629
7-8% 314 $46,670,000 $148,631
<2.5% 278 $34,660,000 $124,676
2.5-3% 266 $73,030,000 $274,549
Over 8% 110 $7,040,000 $64,000

During 2022, Lafayette - West Lafayette's most frequently originated rate bucket was 5-6%, with 1,615 originations.

Loan Sizing (LAFAYETTE-WEST LAFAYETTE, IN MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 2,181 $321,965,000 $147,623
$200k-400k 1,708 $464,930,000 $272,207
$100,000 or less 1,620 $91,080,000 $56,222
$400k-600k 236 $110,710,000 $469,110
$600k-1000k 59 $42,185,000 $715,000
$Over $1MM 38 $244,600,000 $6,436,842

LAFAYETTE - WEST LAFAYETTE's loan sizing saw the bucket of loans from $100k-200k with 2,181 originations, totaling $321,965,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,969 $473,495,000 $240,475
60-80% 1,583 $527,985,000 $333,534
20-40% 708 $65,540,000 $92,571
40-60% 681 $122,075,000 $179,258
Under 20% 638 $24,290,000 $38,072
Over 100% 45 $14,555,000 $323,444

LAFAYETTE - WEST LAFAYETTE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,969 originations, totaling $473,495,000 in origination value.