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 6.82% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 6.76% and one month ago for the week of 2024-03-07, the average rate was 7.22%.

Lafayette - West Lafayette's average rate one year ago was 6.22%.

For refis of the same type during the week of 2024-04-11, the average rate was 7.88%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
Lafayette - West Lafayette 30 Year Fixed Rate 2024-04-11 6.82%
Lafayette - West Lafayette 30 Year Fixed Rate Refi 2024-04-11 7.88%
Lafayette - West Lafayette 15 Year Fixed Rate 2024-04-11 6.64%
Lafayette - West Lafayette 15 Year Fixed Rate Refi 2024-04-11 6.16%
Lafayette - West Lafayette 30 Year FHA 2024-04-11 6.75%
Lafayette - West Lafayette 30 Year FHA Refi 2024-04-11 6.54%
Lafayette - West Lafayette 30 Year USDA 2024-04-11 6.91%
Lafayette - West Lafayette 30 Year USDA Refi 2024-04-11 6.81%
Lafayette - West Lafayette 30 Year VA 2024-04-11 6.58%
Lafayette - West Lafayette 30 Year VA Refi 2024-04-11 6.37%
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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
PURDUE FEDERAL CREDIT UNION 222 6.64% $2,405
RUOFF MORTGAGE COMPANY, INC. 111 6.83% $3,146
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 98 7.15% $4,038
First Merchants Bank 98 6.77% $3,164
UNITED WHOLESALE MORTGAGE, LLC 90 7.30% $3,936
QUICKEN LOANS, LLC 75 6.83% $4,962
Old National Bank 49 6.94% $3,131
Centier Bank 42 6.93% $2,920
JPMorgan Chase Bank 39 6.73% $4,766
GVC MORTGAGE, INC. 35 7.10% $5,382
The Huntington National Bank 34 6.94% $3,819
CALIBER HOME LOANS, INC. 32 6.84% $4,907
THRIVE MORTGAGE, LLC 31 6.75% $3,706
Regions Bank 30 6.89% $4,200
HALLMARK HOME MORTGAGE, LLC 25 7.12% $4,170
U.S. Bank 23 6.74% $4,252
Security Federal Savings Bank 21 6.79% $2,565
Farm Credit Mid-America, ACA 20 6.92% $6,150
First Farmers Bank and Trust Company 19 7.52% $2,944
NEWREZ LLC 18 7.25% $5,652
The Fountain Trust Company 17 7.06% $2,313
Horizon Bank 15 7.18% $3,333
First Option Mortgage, LLC 14 8.06% $6,507
Mr. Cooper ( Nationstar Mortgage ) 13 6.90% $6,150
Fifth Third Bank 12 6.87% $2,963
FAIR WAY LENDING LLC 10 7.45% $5,936
1st Source Bank 9 6.79% $4,779
Flanagan State Bank 9 7.25% $3,948
Prosperity Home Mortgage, LLC 9 7.26% $4,015
MOVEMENT MORTGAGE, LLC 9 6.58% $5,604
MJW Financial LLC 8 7.17% $5,319
Industrial Federal Credit Union 7 7.14% $2,350
Wells Fargo Bank 7 6.70% $3,456
CROSSCOUNTRY MORTGAGE, LLC 7 6.92% $4,660
LOANDEPOT.COM, LLC 7 7.16% $3,581
AMERICAN FINANCIAL NETWORK, INC. 6 7.17% $4,740
Wolfe Financial, Inc 6 7.00% $2,550
CITIZENS EQUITY FIRST 5 6.35% $619
PENNYMAC LOAN SERVICES, LLC 5 6.47% $7,180
BROKER SOLUTIONS, INC. 5 7.10% $5,448
GUARANTEED RATE, INC. 5 7.27% $4,469
AMERISAVE MORTGAGE CORPORATION 5 6.15% $6,649
First Financial Bank 5 6.93% $3,181
PANORAMA MORTGAGE GROUP, LLC 4 6.56% $5,290
Servion, Inc. 4 6.81% $3,154
Flagstar Bank, FSB 4 7.33% $5,300
Union Savings Bank 4 6.31% $2,405
ZILLOW HOME LOANS, LLC 3 7.79% $4,762
Arvest Bank 3 7.13% $4,922
Bank of America 3 7.04% $1,708
BETTER MORTGAGE CORPORATION 3 5.88% $3,866
CHURCHILL MORTGAGE CORPORATION 3 7.25% $3,470
Community First Bank of Indiana 3 7.21% $2,546
Morgan Stanley Private Bank 3 6.55% $2,852
NAVY FEDERAL CREDIT UNION 3 7.08% $2,553
PENTAGON FEDERAL CREDIT UNION 3 6.88% $3,871
USAA Federal Savings Bank 3 6.25% $3,758
INDIANA MEMBERS CREDIT UNION 2 6.13% $2,262
SUCCESS MORTGAGE PARTNERS, INC. 2 6.44% $8,538
FREEDOM MORTGAGE CORPORATION 2 6.75% $8,496
MUTUAL OF OMAHA MORTGAGE, INC. 2 7.25% $4,750
DRAPER AND KRAMER MORTGAGE CORP. 2 6.31% $2,353
The Loan Store, Inc. 2 6.75% $5,117
PREMIA MORTGAGE, LLC 2 7.08% $1,985
Three Rivers Federal Credit Union 2 7.19% $2,480
EVANSVILLE TEACHERS 2 6.50% $3,057
PROVIDENT FUNDING ASSOCIATES, L.P. 2 6.50% $3,011
FIRST CENTENNIAL MORTGAGE CORPORATION 2 7.19% $5,272
Northpointe Bank 2 7.06% $3,983
Raymond James Bank 2 6.38% $1,836
Jackson County Bank 2 6.00% $3,966
1786 2 7.13% $1,785
CMG MORTGAGE, INC. 2 7.68% $2,935
Elements Financial Federal Credit Union 2 6.44% $3,683
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 7.50% $7,096
GUILD MORTGAGE COMPANY 2 6.68% $4,887
Citadel Servicing Corporation 2 7.94% $16,527
SIRVA MORTGAGE, INC. 2 6.38% $0
Vibrant Credit Union 1 5.63% $2,576
DELTA COMMUNITY CREDIT UNION 1 6.88% $2,014
CORNERSTONE HOME LENDING, INC. 1 7.00% $2,637
M&T Bank 1 8.13% $6,303
Ally Bank 1 5.88% $11,786
NBKC BANK 1 7.63% $2,036
Commerce Bank 1 6.50% $2,688
OAKTREE FUNDING CORP. 1 8.13% $13,721
OPEN MORTGAGE, LLC 1 6.99% $2,892
Citizens Bank 1 7.63% $3,152
Paramount Residential Mortgage Group, Inc. 1 7.50% $6,203
ALLIED MORTGAGE GROUP, INC. 1 6.99% $8,427
Pinnacle Bank 1 7.63% $5,239
PLAZA HOME MORTGAGE, INC. 1 8.13% $5,840
PNC Bank 1 6.50% $2,205
Circle Federal Credit Union 1 6.88% $2,405
Central Bank 1 7.38% $3,733
Carrington Mortgage Services, LLC 1 7.38% $7,874
CANOPY MORTGAGE, LLC 1 6.63% $4,443
ROYAL UNITED MORTGAGE LLC 1 7.00% $4,636
BM Real Estate Services, Inc. 1 7.50% $5,127
BEACON CREDIT UNION 1 6.75% $1,935
Bank of England 1 6.63% $3,502
Sierra Pacific Mortgage Company, Inc. 1 5.99% $6,492
STAR Financial Bank 1 6.88% $2,898
TEACHERS CREDIT UNION 1 6.38% $2,466
Bank Five Nine 1 7.50% $2,680
Associated Bank 1 5.50% $5,750
Third Federal Savings and Loan Association of Cleveland 1 4.24% $15,522
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 5.99% $2,600
TUCKER MORTGAGE, LLC 1 7.13% $2,569
UNION HOME MORTGAGE CORP. 1 7.50% $4,595
AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 7.88% $3,439
AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.88% $8,305
University Bank 1 6.38% $2,528
AMERICAN FINANCING CORPORATION 1 6.50% $11,556
VAN DYK MORTGAGE CORPORATION 1 6.38% $2,886
First International Bank & Trust 1 7.00% $6,212
First National Bank of America 1 9.38% $8,664
First National Bank of Omaha 1 7.63% $572
First Financial Bank 1 7.38% $2,835
First Horizon Bank 1 7.00% $2,512
First Federal Savings Bank 1 7.50% $2,763
FORUM Credit Union 1 7.88% $1,800
GENEVA FINANCIAL, LLC 1 7.38% $4,980
GREENSTATE CREDIT UNION 1 6.25% $2,399
GUARANTEED RATE AFFINITY, LLC 1 6.85% $425
First Federal Bank of the Midwest 1 5.88% $4,386
Guardian Savings Bank, A Federal Savings Bank 1 6.63% $1,668
FIRST COMMUNITY MORTGAGE, INC. 1 7.88% $9,137
HOMESIDE FINANCIAL, LLC 1 7.63% $2,820
Farmers State Bank 1 8.09% $1,285
INDIANA UNIVERSITY CREDIT UNION 1 6.38% $1,945
Ixonia Bank 1 7.50% $6,646
Lake City Bank 1 6.50% $2,356
LAKE MICHIGAN CREDIT UNION 1 5.25% $2,222
LAKEVIEW LOAN SERVICING, LLC 1 7.38% $5,615
LEADERONE FINANCIAL CORPORATION 1 7.50% $6,738
LOANPAL, LLC 1 6.50% $7,352
Marquette Bank 1 7.50% $3,095
Discover Bank 1 6.24% $0
MLD MORTGAGE INC. 1 6.00% $2,573

LAFAYETTE - WEST LAFAYETTE Average Closing Costs & Other Stats

LAFAYETTE-WEST LAFAYETTE, IN's 140 lenders originated 4,297 loans during 2023. The total origination value was $1,011,105,000, with an average loan value of $235,305.

LAFAYETTE - WEST LAFAYETTE's average closing costs are $3,662.

The top LAFAYETTE - WEST LAFAYETTE lender as defined by loan originations is PURDUE FEDERAL CREDIT UNION, with 222 loans originated. Their average total fees are $2,405, which is $741 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 ($2,313), PURDUE FEDERAL CREDIT UNION ($2,405), Security Federal Savings Bank ($2,565), Centier Bank ($2,920) and First Farmers Bank and Trust Company ($2,944).

The lowest rate LAFAYETTE - WEST LAFAYETTE lenders (with over 10 loans originated) are PURDUE FEDERAL CREDIT UNION (6.64%), JPMorgan Chase Bank (6.73%), U.S. Bank (6.74%), THRIVE MORTGAGE, LLC (6.75%) and First Merchants Bank (6.77%).

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
PURDUE FEDERAL CREDIT UNION $208,695,000 $126,335,000 -39.5% 12.5%
Centier Bank $47,300,000 $102,290,000 116.3% 10.1%
First Merchants Bank $41,045,000 $65,435,000 59.4% 6.5%
First Mid Bank & Trust $53,385,000 n/a 5.3%
BELLCO $47,605,000 n/a 4.7%
RUOFF MORTGAGE COMPANY, INC. $78,250,000 $46,435,000 -40.7% 4.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $29,280,000 $39,075,000 33.5% 3.9%
UNITED WHOLESALE MORTGAGE, LLC $38,290,000 $37,525,000 -2.0% 3.7%
QUICKEN LOANS, LLC $53,270,000 $30,160,000 -43.4% 3.0%
Old National Bank $40,300,000 $28,410,000 -29.5% 2.8%
1st Source Bank $6,960,000 $26,360,000 278.7% 2.6%
The Huntington National Bank $28,875,000 $22,880,000 -20.8% 2.3%
ORIX REAL ESTATE CAPITAL, LLC $22,310,000 n/a 2.2%
CALIBER HOME LOANS, INC. $35,920,000 $16,880,000 -53.0% 1.7%
Regions Bank $30,805,000 $15,045,000 -51.2% 1.5%
The Fountain Trust Company $25,885,000 $14,585,000 -43.7% 1.4%
Security Federal Savings Bank $22,235,000 $14,095,000 -36.6% 1.4%
THRIVE MORTGAGE, LLC $2,255,000 $12,845,000 469.6% 1.3%
GVC MORTGAGE, INC. $13,390,000 $12,220,000 -8.7% 1.2%
JPMorgan Chase Bank $24,175,000 $11,395,000 -52.9% 1.1%
Mortgage Research Center, LLC $14,005,000 $11,180,000 -20.2% 1.1%
HALLMARK HOME MORTGAGE, LLC $21,250,000 $10,605,000 -50.1% 1.0%
NEWREZ LLC $3,400,000 $9,700,000 185.3% 1.0%
Farm Credit Mid-America, ACA $6,375,000 $7,670,000 20.3% 0.8%
First Farmers Bank and Trust Company $8,280,000 $7,655,000 -7.5% 0.8%
Horizon Bank $18,905,000 $7,480,000 -60.4% 0.7%
INDIANA UNIVERSITY CREDIT UNION $7,345,000 n/a 0.7%
U.S. Bank $4,605,000 $7,255,000 57.5% 0.7%
Fifth Third Bank $11,355,000 $7,205,000 -36.5% 0.7%
The Farmers and Merchants Bank $4,340,000 $6,680,000 53.9% 0.7%
First Financial Bank $1,030,000 $6,070,000 489.3% 0.6%
Industrial Federal Credit Union $7,720,000 $5,605,000 -27.4% 0.6%
The Farmers Bank, Frankfort, Indiana $2,150,000 $5,355,000 149.1% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $9,650,000 $5,320,000 -44.9% 0.5%
First Option Mortgage, LLC $665,000 $4,965,000 646.6% 0.5%
NAVY FEDERAL CREDIT UNION $6,425,000 $4,945,000 -23.0% 0.5%
MJW Financial LLC $340,000 $4,670,000 1,273.5% 0.5%
MOVEMENT MORTGAGE, LLC $3,830,000 $4,275,000 11.6% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $2,875,000 $4,240,000 47.5% 0.4%
FAIR WAY LENDING LLC $5,460,000 $4,095,000 -25.0% 0.4%
Flanagan State Bank $3,810,000 n/a 0.4%
LOANDEPOT.COM, LLC $9,815,000 $3,810,000 -61.2% 0.4%
Prosperity Home Mortgage, LLC $665,000 $3,765,000 466.2% 0.4%
FREEDOM MORTGAGE CORPORATION $10,655,000 $3,635,000 -65.9% 0.4%
Wolfe Financial, Inc $1,640,000 $3,280,000 100.0% 0.3%
PENNYMAC LOAN SERVICES, LLC $5,255,000 $3,125,000 -40.5% 0.3%
Wells Fargo Bank $7,235,000 $2,805,000 -61.2% 0.3%
AMERISAVE MORTGAGE CORPORATION $5,565,000 $2,765,000 -50.3% 0.3%
USAA Federal Savings Bank $2,740,000 $2,725,000 -0.5% 0.3%
CITIZENS EQUITY FIRST $4,090,000 $2,520,000 -38.4% 0.2%
The Home National Bank of Thorntown $970,000 $2,445,000 152.1% 0.2%
GUARANTEED RATE, INC. $2,400,000 $2,220,000 -7.5% 0.2%
BROKER SOLUTIONS, INC. $3,170,000 $2,025,000 -36.1% 0.2%
Union Savings Bank $1,445,000 $1,895,000 31.1% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $1,580,000 $1,855,000 17.4% 0.2%
Bank of America $1,960,000 $1,835,000 -6.4% 0.2%
SUCCESS MORTGAGE PARTNERS, INC. $2,085,000 $1,780,000 -14.6% 0.2%
PANORAMA MORTGAGE GROUP, LLC $7,475,000 $1,750,000 -76.6% 0.2%
Elements Financial Federal Credit Union $4,930,000 $1,730,000 -64.9% 0.2%
Community First Bank of Indiana $1,095,000 $1,720,000 57.1% 0.2%
AMERICAN FINANCIAL NETWORK, INC. $1,655,000 n/a 0.2%
NBKC BANK $1,395,000 $1,650,000 18.3% 0.2%
Discover Bank $770,000 $1,595,000 107.1% 0.2%
PENTAGON FEDERAL CREDIT UNION $1,290,000 $1,510,000 17.1% 0.1%
Carrington Mortgage Services, LLC $1,705,000 $1,495,000 -12.3% 0.1%
Citadel Servicing Corporation $125,000 $1,400,000 1,020.0% 0.1%
PNC Bank $3,060,000 $1,390,000 -54.6% 0.1%
LOANPAL, LLC $1,200,000 $1,370,000 14.2% 0.1%
Flagstar Bank, FSB $2,045,000 $1,330,000 -35.0% 0.1%
State Bank of Lizton $2,280,000 $1,285,000 -43.6% 0.1%
First Federal Bank of the Midwest $1,450,000 $1,235,000 -14.8% 0.1%
Northpointe Bank $915,000 $1,215,000 32.8% 0.1%
OPEN MORTGAGE, LLC $1,690,000 $1,190,000 -29.6% 0.1%
Servion, Inc. $1,205,000 $1,190,000 -1.2% 0.1%
Associated Bank $25,005,000 $1,145,000 -95.4% 0.1%
Alliance Bank $3,955,000 $1,115,000 -71.8% 0.1%
Morgan Stanley Private Bank $730,000 $1,095,000 50.0% 0.1%
BETTER MORTGAGE CORPORATION $2,400,000 $1,035,000 -56.9% 0.1%
Arvest Bank $405,000 $995,000 145.7% 0.1%
SIRVA MORTGAGE, INC. $285,000 $965,000 238.6% 0.1%
VILLAGE CAPITAL MORTGAGE $750,000 $960,000 28.0% 0.1%
ZILLOW HOME LOANS, LLC $365,000 $920,000 152.1% 0.1%
PREMIA MORTGAGE, LLC $535,000 $865,000 61.7% 0.1%
UNION HOME MORTGAGE CORP. $1,005,000 $845,000 -15.9% 0.1%
ENDEAVOR CAPITAL, LLC. $660,000 $825,000 25.0% 0.1%
Figure Lending LLC $760,000 $800,000 5.3% 0.1%
Raymond James Bank $740,000 $790,000 6.8% 0.1%
NEW DAY FINANCIAL, LLC $1,760,000 $770,000 -56.3% 0.1%
Commerce Bank $765,000 n/a 0.1%
TUCKER MORTGAGE, LLC $175,000 $750,000 328.6% 0.1%
LAKE MICHIGAN CREDIT UNION $745,000 n/a 0.1%
TEACHERS CREDIT UNION $1,930,000 $725,000 -62.4% 0.1%
GUARANTEED RATE AFFINITY, LLC $275,000 $680,000 147.3% 0.1%
CHURCHILL MORTGAGE CORPORATION $1,055,000 $675,000 -36.0% 0.1%
AMERICAN FINANCING CORPORATION $685,000 $655,000 -4.4% 0.1%
Bank of Wolcott $650,000 n/a 0.1%
Jackson County Bank $115,000 $650,000 465.2% 0.1%
PLAZA HOME MORTGAGE, INC. $1,620,000 $640,000 -60.5% 0.1%
GUILD MORTGAGE COMPANY $155,000 $635,000 309.7% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $1,005,000 $630,000 -37.3% 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $325,000 $625,000 92.3% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $610,000 n/a 0.1%
VAN DYK MORTGAGE CORPORATION $605,000 n/a 0.1%
The Federal Savings Bank $1,670,000 $600,000 -64.1% 0.1%
LAKEVIEW LOAN SERVICING, LLC $2,060,000 $595,000 -71.1% 0.1%
1786 $590,000 n/a 0.1%
CMG MORTGAGE, INC. $4,045,000 $580,000 -85.7% 0.1%
Citizens Bank $270,000 $575,000 113.0% 0.1%
INDIANA MEMBERS CREDIT UNION $65,000 $575,000 784.6% 0.1%
Paramount Residential Mortgage Group, Inc. $555,000 n/a 0.1%
Ixonia Bank $550,000 n/a 0.1%
Plains Commerce Bank $550,000 n/a 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $930,000 $540,000 -41.9% 0.1%
ROYAL UNITED MORTGAGE LLC $1,890,000 $530,000 -72.0% 0.1%
FIRST CENTENNIAL MORTGAGE CORPORATION $955,000 $520,000 -45.5% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $495,000 n/a 0.0%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $495,000 n/a 0.0%
LEADERONE FINANCIAL CORPORATION $255,000 $480,000 88.2% 0.0%
Community State Bank $470,000 n/a 0.0%
Equity Prime Mortgage LLC $470,000 n/a 0.0%
FORUM Credit Union $1,525,000 $470,000 -69.2% 0.0%
Nations Lending Corporation $855,000 $460,000 -46.2% 0.0%
Third Federal Savings and Loan Association of Cleveland $705,000 $460,000 -34.8% 0.0%
Ameris Bank $455,000 n/a 0.0%
FIRST STATE MORTGAGE SERVICES, LLC $445,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $145,000 $440,000 203.4% 0.0%
EVANSVILLE TEACHERS $770,000 $435,000 -43.5% 0.0%
Paramount Bank $425,000 n/a 0.0%
Hoosier Heartland State Bank $775,000 $420,000 -45.8% 0.0%
OAKTREE FUNDING CORP. $370,000 $415,000 12.2% 0.0%
Waterstone Mortgage Corporation $415,000 n/a 0.0%
TOP FLITE FINANCIAL, INC. $885,000 $410,000 -53.7% 0.0%
FIRST COMMUNITY MORTGAGE, INC. $225,000 $405,000 80.0% 0.0%
First International Bank & Trust $405,000 n/a 0.0%
University Bank $105,000 $400,000 281.0% 0.0%
MORTGAGE ACCESS CORP. $395,000 n/a 0.0%
Stock Yards Bank & Trust Company $185,000 $390,000 110.8% 0.0%
Armed Forces Bank $365,000 $385,000 5.5% 0.0%
GREENSTATE CREDIT UNION $270,000 $385,000 42.6% 0.0%
DELTA COMMUNITY CREDIT UNION $235,000 $375,000 59.6% 0.0%
Solidarity Community Federal Credit Union $555,000 $375,000 -32.4% 0.0%
Three Rivers Federal Credit Union $800,000 $370,000 -53.8% 0.0%
First Federal Bank $365,000 n/a 0.0%
MLD MORTGAGE INC. $365,000 n/a 0.0%
RELIANCE FIRST CAPITAL, LLC $400,000 $360,000 -10.0% 0.0%
ALLIED MORTGAGE GROUP, INC. $245,000 $355,000 44.9% 0.0%
Citibank $735,000 $345,000 -53.1% 0.0%
Bath State Bank $335,000 n/a 0.0%
Mutual Federal Bank $325,000 n/a 0.0%
First Federal Savings Bank $610,000 $320,000 -47.5% 0.0%
M&T Bank $55,000 $320,000 481.8% 0.0%
PLANET HOME LENDING, LLC $215,000 $320,000 48.8% 0.0%
BEACON CREDIT UNION $585,000 $310,000 -47.0% 0.0%
HOMESIDE FINANCIAL, LLC $115,000 $310,000 169.6% 0.0%
STAR Financial Bank $205,000 $300,000 46.3% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $675,000 $295,000 -56.3% 0.0%
Magnolia Bank $435,000 $285,000 -34.5% 0.0%
First National Bank of America $725,000 $280,000 -61.4% 0.0%
The Loan Store, Inc. $280,000 n/a 0.0%
Ally Bank $1,380,000 $265,000 -80.8% 0.0%
Catlin Bank $325,000 $260,000 -20.0% 0.0%
LENDINGHOME FUNDING CORPORATION $360,000 $260,000 -27.8% 0.0%
Lake City Bank $155,000 $250,000 61.3% 0.0%
Truist $570,000 $250,000 -56.1% 0.0%
CANOPY MORTGAGE, LLC $265,000 $245,000 -7.5% 0.0%
Home Bank SB $245,000 n/a 0.0%
Marquette Bank $245,000 n/a 0.0%
First Financial Bank $1,030,000 $240,000 -76.7% 0.0%
TRIAD FINANCIAL SERVICES, INC. $335,000 $240,000 -28.4% 0.0%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $465,000 $235,000 -49.5% 0.0%
First Bank of Berne $345,000 $235,000 -31.9% 0.0%
First Horizon Bank $235,000 n/a 0.0%
HOMEXPRESS MORTGAGE CORP. $235,000 n/a 0.0%
American Community Bank of Indiana $225,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $225,000 n/a 0.0%
DIGITAL Federal Credit Union $605,000 $225,000 -62.8% 0.0%
Sierra Pacific Mortgage Company, Inc. $155,000 $225,000 45.2% 0.0%
Farmers State Bank $215,000 n/a 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $210,000 n/a 0.0%
TECH Credit Union $205,000 n/a 0.0%
UNITED $175,000 $205,000 17.1% 0.0%
EVERETT FINANCIAL, INC. $615,000 $195,000 -68.3% 0.0%
FLAT BRANCH MORTGAGE, INC. $185,000 $195,000 5.4% 0.0%
GENEVA FINANCIAL, LLC $195,000 n/a 0.0%
Guardian Savings Bank, A Federal Savings Bank $195,000 n/a 0.0%
Bank Five Nine $185,000 n/a 0.0%
Circle Federal Credit Union $185,000 n/a 0.0%
First National Bank of Omaha $185,000 n/a 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $295,000 $185,000 -37.3% 0.0%
FINANCIAL CENTER FIRST CREDIT UNION $115,000 $180,000 56.5% 0.0%
CARDINAL FINANCIAL $1,875,000 $175,000 -90.7% 0.0%
Central Bank $175,000 n/a 0.0%
STOCKTON MORTGAGE CORPORATION $175,000 n/a 0.0%
VERITAS FUNDING, LLC $175,000 n/a 0.0%
MORTGAGE 1 INCORPORATED $165,000 n/a 0.0%
Bethpage Federal Credit Union $160,000 n/a 0.0%
BM Real Estate Services, Inc. $155,000 n/a 0.0%
Century Mortgage Company DBA Century Lending Company $155,000 n/a 0.0%
CORNERSTONE HOME LENDING, INC. $155,000 n/a 0.0%
DOMINION FINANCIAL SERVICES, LLC $155,000 n/a 0.0%
FINANCIAL BUILDERS Federal Credit Union $145,000 n/a 0.0%
First National Bank $145,000 n/a 0.0%
MidFirst Bank $145,000 n/a 0.0%
Iroquois Federal Savings and Loan Association $75,000 $140,000 86.7% 0.0%
First Western Federal Savings Bank $125,000 $125,000 0.0% 0.0%
FINANCE OF AMERICA REVERSE LLC $115,000 n/a 0.0%
Pinnacle Bank $2,255,000 $115,000 -94.9% 0.0%
SPRING EQ, LLC $785,000 $115,000 -85.4% 0.0%
USAlliance Federal Credit Union $45,000 $115,000 155.6% 0.0%
Vibrant Credit Union $425,000 $115,000 -72.9% 0.0%
AMERICAN HERITAGE LENDING, INC. $105,000 n/a 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $105,000 n/a 0.0%
Brighton Bank $105,000 n/a 0.0%
MID AMERICA MORTGAGE, INC. $430,000 $105,000 -75.6% 0.0%
UIF CORPORATION $105,000 n/a 0.0%
FIRST MORTGAGE COMPANY, INC. $85,000 n/a 0.0%
MEMBER FIRST MORTGAGE, LLC $190,000 $85,000 -55.3% 0.0%
S&T Bank $65,000 n/a 0.0%
Bank of England $430,000 $55,000 -87.2% 0.0%
BMO Harris Bank $1,395,000 $55,000 -96.1% 0.0%
GEORGIA'S OWN $55,000 n/a 0.0%
Connexus Credit Union $45,000 n/a 0.0%
DeMotte State Bank $45,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $25,000 n/a 0.0%

LAFAYETTE - WEST LAFAYETTE's top lender by overall market share is PURDUE FEDERAL CREDIT UNION, with 12.5% market share. In second place, with 10.1%, is Centier Bank, having originated $102,290,000 in loans. In third place, with 6.5%, is First Merchants Bank, having originated $65,435,000 in loans. In fourth place, with 5.3%, is First Mid Bank & Trust, having originated $53,385,000 in loans. In fifth place, with 4.7%, is BELLCO, having originated $47,605,000 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 (4.7%) 0.63 473
2018-02-01 $173,050 (8.7%) $211,022 (6.1%) 0.63 467
2018-03-01 $185,000 (-3.9%) $217,632 (-0.5%) 0.65 446
2018-04-01 $202,400 (1.3%) $234,073 (2.5%) 0.69 456
2018-05-01 $199,450 (-2.7%) $237,518 (3.2%) 0.67 492
2018-06-01 $205,450 (6.0%) $244,034 (5.9%) 0.69 519
2018-07-01 $194,950 (2.9%) $233,918 (5.3%) 0.65 532
2018-08-01 $191,250 (6.3%) $228,300 (3.1%) 0.64 557
2018-09-01 $189,900 (2.7%) $222,460 (-0.6%) 0.64 559
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%) $221,711 (5.1%) 0.67 380
2019-03-01 $216,229 (16.9%) $237,661 (9.2%) 0.71 341
2019-04-01 $238,500 (17.8%) $256,715 (9.7%) 0.76 295
2019-05-01 $257,600 (29.2%) $278,628 (17.3%) 0.81 322
2019-06-01 $251,950 (22.6%) $279,283 (14.4%) 0.79 331
2019-07-01 $248,550 (27.5%) $274,100 (17.2%) 0.78 344
2019-08-01 $236,755 (23.8%) $267,178 (17.0%) 0.75 362
2019-09-01 $224,461 (18.2%) $258,565 (16.2%) 0.72 386
2019-10-01 $216,416 (20.3%) $252,892 (17.0%) 0.70 399
2019-11-01 $205,000 (11.4%) $240,357 (11.6%) 0.67 355
2019-12-01 $201,725 (6.2%) $240,603 (10.4%) 0.67 276
2020-01-01 $203,250 (3.7%) $234,845 (6.0%) 0.68 230
2020-02-01 $237,900 (20.6%) $259,328 (17.0%) 0.78 243
2020-03-01 $264,575 (22.4%) $277,860 (16.9%) 0.83 249
2020-04-01 $239,900 (0.6%) $269,130 (4.8%) 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 (9.8%) $306,620 (14.8%) 0.74 230
2020-09-01 $249,200 (11.0%) $295,138 (14.1%) 0.71 235
2020-10-01 $249,900 (15.5%) $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 $329,500 (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 (2.2%) 0.76 180
2023-09-01 $293,200 (0.4%) $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%) $332,273 (-3.3%) 0.67 223
2023-12-01 $310,000 (-1.6%) $343,754 (-2.8%) 0.76 179
2024-01-01 $313,975 (5.2%) $344,703 (0.1%) 0.77 156
2024-02-01 $321,725 (5.5%) $364,109 (6.8%) 0.77 134
2024-03-01 $329,950 (14.2%) $379,073 (10.5%) 0.78 145
LAFAYETTE - WEST LAFAYETTE's median listing price for 2024-03-01 was $329,950, a difference of $41,025 (14.2%) versus the prior year and $8,225 versus the prior month.

LAFAYETTE - WEST LAFAYETTE's median listing price comes in at 78% of the national average.

LAFAYETTE - WEST LAFAYETTE's average listing price for 2024-03-01 was $379,073, a difference of $35,934 (10.5%) versus the prior year and $14,964 versus the prior month.

For the 2024-03-01 period, LAFAYETTE - WEST LAFAYETTE had 145 MLS listings, a difference of 11 listings (8%) versus the prior month and 33 listings (29%) 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 2,123 sqft
2018-07-01 39 days 2,031 sqft
2018-08-01 41 days 2,025 sqft
2018-09-01 47 days 2,027 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 2,281 sqft
2019-06-01 37 days 2,218 sqft
2019-07-01 41 days 2,219 sqft
2019-08-01 42 days 2,193 sqft
2019-09-01 44 days 2,157 sqft
2019-10-01 46 days 2,131 sqft
2019-11-01 54 days 2,000 sqft
2019-12-01 65 days 1,913 sqft
2020-01-01 65 days 1,902 sqft
2020-02-01 38 days 2,034 sqft
2020-03-01 38 days 2,122 sqft
2020-04-01 40 days 2,031 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 2,246 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 2,120 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 22 days 1,804 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 42 days 1,827 sqft
2022-03-01 29 days 2,030 sqft
2022-04-01 22 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 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 1,900 sqft
2023-12-01 45 days 1,972 sqft
2024-01-01 58 days 1,980 sqft
2024-02-01 55 days 1,991 sqft
2024-03-01 29 days 2,035 sqft
LAFAYETTE - WEST LAFAYETTE's median listing age (time on market) for 2024-03-01 was 29 days. This is -23% shorter than the same period one year ago.

LAFAYETTE - WEST LAFAYETTE's median square footage for active listings during the 2024-03-01 period was 2,035 sqft. One year prior, the average listing was 2,017 sqft.

LAFAYETTE-WEST LAFAYETTE, IN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,323 $719,205,000 $309,602
Home Improvement 544 $50,250,000 $92,371
Cash Out Refi 532 $71,170,000 $133,778
Other 483 $41,345,000 $85,600
Refi 415 $129,135,000 $311,169

Lafayette - West Lafayette's most frequently cited loan purpose was Home Purchase, with 2,323 originations. The 2nd most popular reason was Home Improvement, with 544 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 1,493 $443,505,000 $297,056
7-8% 1,265 $259,915,000 $205,466
Over 8% 894 $151,960,000 $169,978
5-6% 466 $106,240,000 $227,983
<2.5% 32 $22,590,000 $705,938
3-4% 15 $1,825,000 $121,667
4-5% 13 $3,705,000 $285,000
2.5-3% 2 $460,000 $230,000

During 2023, Lafayette - West Lafayette's most frequently originated rate bucket was 6-7%, with 1,493 originations.

Loan Sizing (LAFAYETTE-WEST LAFAYETTE, IN MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 1,394 $71,990,000 $51,643
$100k-200k 1,370 $201,800,000 $147,299
$200k-400k 1,248 $338,300,000 $271,074
$400k-600k 202 $95,140,000 $470,990
$600k-1000k 61 $42,285,000 $693,197
$Over $1MM 22 $261,590,000 $11,890,455

LAFAYETTE - WEST LAFAYETTE's loan sizing saw the bucket of loans from $100,000 or less with 1,394 originations, totaling $71,990,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,440 $369,310,000 $256,465
60-80% 916 $312,100,000 $340,721
Under 20% 680 $29,890,000 $43,956
20-40% 672 $61,120,000 $90,952
40-60% 434 $173,110,000 $398,871
Over 100% 39 $25,555,000 $655,256

LAFAYETTE - WEST LAFAYETTE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,440 originations, totaling $369,310,000 in origination value.