MUNCIE Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Muncie averaged 6.8% for the week of 2022-12-01, compared to the national average of 6.49% for the same period.

The average rate for the prior week (2022-11-23) was 6.99% and one month ago for the week of 2022-10-27, the average rate was 7.59%.

Muncie's average rate one year ago was 3.47%.

For refis of the same type during the week of 2022-12-01, the average rate was 6.85%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-12-01 6.49%
Muncie 30 Year Fixed Rate 2022-12-01 6.8%
Muncie 30 Year Fixed Rate Refi 2022-12-01 6.85%
Muncie 15 Year Fixed Rate 2022-12-01 6.26%
Muncie 15 Year Fixed Rate Refi 2022-12-01 6.27%
Muncie 30 Year FHA 2022-12-01 6.66%
Muncie 30 Year FHA Refi 2022-12-01 6.36%
Muncie 30 Year USDA 2022-12-01 6.56%
Muncie 30 Year USDA Refi 2022-12-01 6.28%
Muncie 30 Year VA 2022-12-01 6.64%
Muncie 30 Year VA Refi 2022-12-01 6.35%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within MUNCIE, IN.

MUNCIE 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 MUNCIE, IN market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
RUOFF MORTGAGE COMPANY, INC. 270 3.23% $1,912
GVC MORTGAGE, INC. 118 3.49% $3,047
CALIBER HOME LOANS, INC. 110 3.26% $2,639
QUICKEN LOANS, LLC 77 3.16% $4,454
First Merchants Bank 71 3.28% $2,352
JPMorgan Chase Bank 66 3.18% $1,406
AMERICAN MORTGAGE SERVICE COMPANY 56 3.07% $2,462
Northwest Bank 54 3.19% $2,844
Old National Bank 47 3.22% $2,325
STAR Financial Bank 24 3.15% $3,203
AMERIFIRST FINANCIAL CORPORATION 18 3.38% $2,967
MYCUMORTGAGE, LLC 16 3.45% $2,879
LOANDEPOT.COM, LLC 14 3.34% $4,436
PrimeTrust Financial Federal Credit Union 13 3.13% $1,541
UNITED WHOLESALE MORTGAGE, LLC 13 3.10% $3,916
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 12 3.56% $2,682
ROYAL UNITED MORTGAGE LLC 10 3.40% $4,868
FINANCE OF AMERICA MORTGAGE LLC 10 3.10% $3,401
Farm Credit Mid-America, ACA 9 3.55% $5,910
The Huntington National Bank 9 3.15% $2,478
Mr. Cooper ( Nationstar Mortgage ) 9 3.63% $4,971
BETTER MORTGAGE CORPORATION 9 2.96% $2,201
MJW Financial LLC 8 3.36% $2,884
AMERISAVE MORTGAGE CORPORATION 8 2.92% $4,733
ENDEAVOR CAPITAL, LLC. 8 3.06% $4,348
FORUM Credit Union 8 2.84% $1,752
OPEN MORTGAGE, LLC 7 3.23% $3,185
INDIANA MEMBERS CREDIT UNION 7 3.02% $2,328
Flagstar Bank, FSB 7 3.40% $3,174
PRIMELENDING, A PLAINSCAPITAL COMPANY 7 3.87% $3,535
CROSSCOUNTRY MORTGAGE, LLC 7 3.43% $3,644
PENNYMAC LOAN SERVICES, LLC 6 3.42% $3,408
PNC Bank 6 3.08% $2,840
Wells Fargo Bank 6 3.40% $2,624
Madison County Federal Credit Union 5 3.00% $2,672
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 5 3.28% $2,967
Citizens Bank 5 2.93% $2,167
First Financial Bank 5 3.60% $2,150
HOME POINT FINANCIAL CORPORATION 5 3.15% $2,569
FREEDOM MORTGAGE CORPORATION 5 3.58% $2,229
Ally Bank 5 3.53% $1,716
MUTUAL OF OMAHA MORTGAGE, INC. 5 3.50% $3,424
Fifth Third Bank 5 3.00% $2,572
NEWREZ LLC 5 3.28% $3,408
Regions Bank 4 3.19% $2,408
MID AMERICA MORTGAGE, INC. 4 3.31% $2,850
SECURITYNATIONAL MORTGAGE COMPANY 4 3.84% $4,090
1ST SIGNATURE LENDING, LLC 4 3.19% $4,158
JLB CORPORATION 4 3.66% $4,157
BROKER SOLUTIONS, INC. 4 3.28% $3,305
InterContinental Capital Group, Inc 4 3.00% $3,417
NAVY FEDERAL CREDIT UNION 4 4.50% $3,520
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 4 3.18% $3,597
EVERETT FINANCIAL, INC. 3 4.54% $1,051
Wyndham Capital Mortgage, Inc. 3 3.38% $1,073
CELEBRITY HOME LOANS, LLC 3 3.46% $2,772
HOMESIDE FINANCIAL, LLC 3 3.33% $3,226
CHURCHILL MORTGAGE CORPORATION 3 3.41% $3,956
First Option Mortgage, LLC 3 3.79% $4,179
TUCKER MORTGAGE, LLC 3 2.88% $2,315
ProFed Federal Credit Union 3 2.96% $2,206
HALLMARK HOME MORTGAGE, LLC 3 3.54% $2,235
AMERICAN FINANCING CORPORATION 3 3.04% $2,584
ZILLOW HOME LOANS, LLC 3 3.33% $3,655
First Federal Savings Bank 3 3.04% $4,004
Axos Bank 2 3.12% $2,847
M&T Bank 2 3.38% $3,249
Nations Lending Corporation 2 3.38% $3,097
Northpointe Bank 2 3.56% $2,337
Bank of America 2 2.75% $3,482
Bank of England 2 3.56% $2,467
Discover Bank 2 4.74% $0
Elements Financial Federal Credit Union 2 3.69% $2,217
RANLIFE, INC. 2 2.88% $3,977
SIRVA MORTGAGE, INC. 2 3.38% $1,190
Three Rivers Federal Credit Union 2 3.06% $2,600
Truist 2 3.14% $3,170
Union Savings Bank 2 3.00% $1,362
First Bank Richmond 2 2.81% $2,220
First Farmers Bank and Trust Company 2 3.19% $2,645
First Federal Bank of the Midwest 2 3.06% $2,466
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 3.38% $2,844
FORT FINANCIAL Federal Credit Union 2 3.63% $2,230
AmeriHome Mortgage Company, LLC 2 3.75% $3,903
GUARANTEED RATE, INC. 2 3.31% $2,960
CHERRY CREEK MORTGAGE, LLC 2 4.19% $673
Horizon Bank 2 3.31% $1,920
INSPIRE HOME LOANS INC. 2 3.19% $3,485
Ixonia Bank 2 2.75% $2,363
Merchants Bank of Indiana 2 2.88% $3,123
Mortgage Research Center, LLC 2 2.75% $2,143
Simmons Bank 1 2.50% $2,688
1st Source Bank 1 3.25% $2,163
Advisors Mortgage Group, L.L.C. 1 3.00% $1,956
AFFINITY 1 2.88% $1,603
AMERICAN ADVISORS GROUP 1 3.25% $2,685
AMERICAN FINANCIAL NETWORK, INC. 1 3.63% $9,815
ANGEL OAK HOME LOANS LLC 1 5.63% $3,704
Atlantic Union Bank 1 3.88% $2,568
Barrington Bank & Trust Company, N.A. 1 3.63% $2,460
CANOPY MORTGAGE, LLC 1 4.00% $2,919
Carrington Mortgage Services, LLC 1 3.63% $4,179
Centier Bank 1 3.25% $5,290
Charles Schwab Bank, SSB 1 2.43% $2,583
Community First Bank of Indiana 1 3.63% $2,377
COMPASS MORTGAGE, INC. 1 2.75% $2,459
Crossroads Bank 1 3.00% $1,588
DAS Acquisition Company, LLC 1 4.50% $2,471
DHI MORTGAGE COMPANY, LTD. 1 2.88% $1,387
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 2.75% $2,189
EAGLE HOME MORTGAGE, LLC 1 2.75% $2,450
EMM LOANS LLC 1 2.50% $8,447
First Bank of Berne 1 3.88% $3,489
First Financial Bank 1 4.00% $2,164
First Horizon Bank 1 3.00% $2,182
First Internet Bank of Indiana 1 3.25% $4,396
GENEVA FINANCIAL, LLC 1 3.75% $2,946
GUARANTEED RATE AFFINITY, LLC 1 3.38% $1,195
GUARANTY HOME MORTGAGE CORPORATION 1 2.75% $644
HOME BANK AND TRUST COMPANY 1 3.00% $1,734
Hometown Lenders, Inc. 1 3.50% $4,633
IMPAC MORTGAGE CORP. 1 3.25% $1,809
KeyBank 1 3.00% $2,163
KS StateBank 1 3.63% $3,192
LEADERONE FINANCIAL CORPORATION 1 3.49% $3,022
Mortgage Assurance Inc. 1 3.50% $1,788
NOVA FINANCIAL & INVESTMENT CORPORATION 1 3.75% $1,225
OCEANSIDE MORTGAGE COMPANY 1 3.25% $2,476
PHH Mortgage Corporation 1 3.63% $4,434
PLAZA HOME MORTGAGE, INC. 1 3.50% $2,354
PREMIA MORTGAGE, LLC 1 1.88% $364
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.50% $2,609
PROVIDENT FUNDING ASSOCIATES, L.P. 1 2.75% $3,752
Residential Mortgage Solutions, Inc. 1 3.13% $5,051
Servion, Inc. 1 3.13% $2,450
STOCKTON MORTGAGE CORPORATION 1 3.25% $2,424
SUN WEST MORTGAGE COMPANY, INC. 1 3.00% $4,526
TEACHERS CREDIT UNION 1 4.50% $2,391
The State Bank and Trust Company 1 3.38% $2,581
UNITED 1 2.88% $3,180
VANDERBILT MORTGAGE AND FINANCE, INC. 1 3.63% $3,060

MUNCIE Average Closing Costs & Other Stats

MUNCIE, IN's 141 lenders originated 3,773 loans during 2021. The total origination value was $544,385,000, with an average loan value of $144,284.

MUNCIE's average closing costs are $3,126.

The top MUNCIE lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with 270 loans originated. Their average total fees are $1,912, which is $1,135 lower than the next largest lender, GVC MORTGAGE, INC..

The lowest fee MUNCIE lenders (with over 10 loans originated) are JPMorgan Chase Bank ($1,406), PrimeTrust Financial Federal Credit Union ($1,541), RUOFF MORTGAGE COMPANY, INC. ($1,912), Old National Bank ($2,325) and First Merchants Bank ($2,352).

The lowest rate MUNCIE lenders (with over 10 loans originated) are AMERICAN MORTGAGE SERVICE COMPANY (3.07%), FINANCE OF AMERICA MORTGAGE LLC (3.10%), UNITED WHOLESALE MORTGAGE, LLC (3.10%), PrimeTrust Financial Federal Credit Union (3.13%) and STAR Financial Bank (3.15%).

MUNCIE, 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
RUOFF MORTGAGE COMPANY, INC. $58,545,000 $64,150,000 9.6% 11.8%
First Merchants Bank $43,465,000 $51,810,000 19.2% 9.5%
QUICKEN LOANS, LLC $26,835,000 $36,520,000 36.1% 6.7%
CALIBER HOME LOANS, INC. $29,235,000 $33,135,000 13.3% 6.1%
GVC MORTGAGE, INC. $25,910,000 $32,815,000 26.6% 6.0%
Northwest Bank $24,850,000 $27,475,000 10.6% 5.0%
Old National Bank $21,675,000 $18,945,000 -12.6% 3.5%
JPMorgan Chase Bank $9,530,000 $13,285,000 39.4% 2.4%
FREEDOM MORTGAGE CORPORATION $13,605,000 $12,920,000 -5.0% 2.4%
AMERICAN MORTGAGE SERVICE COMPANY $12,020,000 $12,915,000 7.4% 2.4%
Horizon Bank $95,000 $12,260,000 12,805.3% 2.3%
STAR Financial Bank $10,815,000 $11,630,000 7.5% 2.1%
Mortgage Research Center, LLC $5,745,000 $9,450,000 64.5% 1.7%
Merchants Bank of Indiana $235,000 $6,950,000 2,857.4% 1.3%
FINANCIAL CENTER FIRST CREDIT UNION $225,000 $5,835,000 2,493.3% 1.1%
Lake City Bank $5,640,000 n/a 1.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $5,215,000 $5,635,000 8.1% 1.0%
The Farmers & Merchants State Bank $345,000 $5,435,000 1,475.4% 1.0%
LOANDEPOT.COM, LLC $5,250,000 $5,350,000 1.9% 1.0%
UNITED WHOLESALE MORTGAGE, LLC $2,045,000 $5,265,000 157.5% 1.0%
AMERIFIRST FINANCIAL CORPORATION $6,265,000 $5,250,000 -16.2% 1.0%
PrimeTrust Financial Federal Credit Union $5,810,000 $5,155,000 -11.3% 0.9%
CROSSCOUNTRY MORTGAGE, LLC $4,540,000 $5,125,000 12.9% 0.9%
INDIANA UNIVERSITY CREDIT UNION $145,000 $4,595,000 3,069.0% 0.8%
MYCUMORTGAGE, LLC $4,140,000 $4,255,000 2.8% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $3,045,000 $3,965,000 30.2% 0.7%
Community First Bank of Indiana $115,000 $3,460,000 2,908.7% 0.6%
BETTER MORTGAGE CORPORATION $705,000 $3,205,000 354.6% 0.6%
OPEN MORTGAGE, LLC $1,050,000 $3,190,000 203.8% 0.6%
FORUM Credit Union $4,580,000 $2,950,000 -35.6% 0.5%
PENNYMAC LOAN SERVICES, LLC $660,000 $2,900,000 339.4% 0.5%
BROKER SOLUTIONS, INC. $820,000 $2,805,000 242.1% 0.5%
Wells Fargo Bank $1,900,000 $2,775,000 46.1% 0.5%
USAA Federal Savings Bank $1,425,000 $2,760,000 93.7% 0.5%
Farm Credit Mid-America, ACA $2,790,000 $2,685,000 -3.8% 0.5%
First Federal Bank of the Midwest $1,535,000 $2,675,000 74.3% 0.5%
FINANCE OF AMERICA COMMERCIAL LLC $65,000 $2,605,000 3,907.7% 0.5%
First Bank Richmond $995,000 $2,540,000 155.3% 0.5%
The Huntington National Bank $3,970,000 $2,460,000 -38.0% 0.5%
TEACHERS CREDIT UNION $675,000 $2,400,000 255.6% 0.4%
NAVY FEDERAL CREDIT UNION $1,500,000 $2,310,000 54.0% 0.4%
AMERISAVE MORTGAGE CORPORATION $1,355,000 $2,280,000 68.3% 0.4%
ROYAL UNITED MORTGAGE LLC $1,980,000 $2,010,000 1.5% 0.4%
PNC Bank $1,760,000 $1,950,000 10.8% 0.4%
FINANCE OF AMERICA MORTGAGE LLC $1,875,000 $1,935,000 3.2% 0.4%
INDIANA MEMBERS CREDIT UNION $1,880,000 $1,835,000 -2.4% 0.3%
ENDEAVOR CAPITAL, LLC. $645,000 $1,805,000 179.8% 0.3%
Centier Bank $1,205,000 $1,790,000 48.5% 0.3%
NEW DAY FINANCIAL, LLC $1,685,000 $1,760,000 4.5% 0.3%
NEWREZ LLC $1,045,000 $1,750,000 67.5% 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $330,000 $1,665,000 404.5% 0.3%
MJW Financial LLC $380,000 $1,630,000 328.9% 0.3%
LAKEVIEW LOAN SERVICING, LLC $710,000 $1,595,000 124.6% 0.3%
MID AMERICA MORTGAGE, INC. $1,810,000 $1,535,000 -15.2% 0.3%
GUARANTEED RATE, INC. $475,000 $1,410,000 196.8% 0.3%
Citizens Bank $1,245,000 $1,395,000 12.0% 0.3%
Regions Bank $1,080,000 $1,355,000 25.5% 0.2%
Crossroads Bank $340,000 $1,345,000 295.6% 0.2%
First Option Mortgage, LLC $485,000 $1,270,000 161.9% 0.2%
HOME POINT FINANCIAL CORPORATION $710,000 $1,270,000 78.9% 0.2%
Madison County Federal Credit Union $420,000 $1,240,000 195.2% 0.2%
InterContinental Capital Group, Inc $605,000 $1,230,000 103.3% 0.2%
Carrington Mortgage Services, LLC $1,080,000 $1,215,000 12.5% 0.2%
Flagstar Bank, FSB $470,000 $1,195,000 154.3% 0.2%
Fifth Third Bank $835,000 $1,185,000 41.9% 0.2%
JLB CORPORATION $85,000 $1,150,000 1,252.9% 0.2%
Union Savings Bank $690,000 $1,110,000 60.9% 0.2%
LIMA ONE CAPITAL, LLC $125,000 $1,105,000 784.0% 0.2%
1ST SIGNATURE LENDING, LLC $2,700,000 $1,100,000 -59.3% 0.2%
Citizens State Bank of New Castle $960,000 $1,075,000 12.0% 0.2%
Nations Lending Corporation $135,000 $1,040,000 670.4% 0.2%
TUCKER MORTGAGE, LLC $250,000 $1,040,000 316.0% 0.2%
VILLAGE CAPITAL & INVESTMENT LLC $550,000 $990,000 80.0% 0.2%
First Financial Bank $610,000 $970,000 59.0% 0.2%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $925,000 n/a 0.2%
21ST MORTGAGE CORPORATION $140,000 $915,000 553.6% 0.2%
CHURCHILL MORTGAGE CORPORATION $375,000 $915,000 144.0% 0.2%
INSPIRE HOME LOANS INC. $930,000 $910,000 -2.2% 0.2%
U.S. Bank $1,085,000 $890,000 -18.0% 0.2%
Bank of America $195,000 $860,000 341.0% 0.2%
KeyBank $955,000 $815,000 -14.7% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $525,000 $795,000 51.4% 0.1%
Bank of England $75,000 $780,000 940.0% 0.1%
First Federal Savings Bank $105,000 $775,000 638.1% 0.1%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $885,000 $775,000 -12.4% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $695,000 $755,000 8.6% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $815,000 $715,000 -12.3% 0.1%
NP, Inc. $710,000 n/a 0.1%
LIBERTY HOME MORTGAGE CORPORATION $705,000 n/a 0.1%
Ixonia Bank $245,000 $690,000 181.6% 0.1%
PREMIA MORTGAGE, LLC $690,000 n/a 0.1%
Ally Bank $165,000 $675,000 309.1% 0.1%
LEADERONE FINANCIAL CORPORATION $675,000 n/a 0.1%
First Farmers Bank and Trust Company $1,000,000 $655,000 -34.5% 0.1%
Low VA Rates, LLC $305,000 $635,000 108.2% 0.1%
AmeriHome Mortgage Company, LLC $690,000 $620,000 -10.1% 0.1%
ZILLOW HOME LOANS, LLC $225,000 $615,000 173.3% 0.1%
CLEARPATH LENDING $855,000 $600,000 -29.8% 0.1%
HOMESIDE FINANCIAL, LLC $175,000 $595,000 240.0% 0.1%
Wyndham Capital Mortgage, Inc. $595,000 n/a 0.1%
CELEBRITY HOME LOANS, LLC $490,000 $585,000 19.4% 0.1%
AMERICAN FINANCING CORPORATION $170,000 $575,000 238.2% 0.1%
HALLMARK HOME MORTGAGE, LLC $220,000 $565,000 156.8% 0.1%
Three Rivers Federal Credit Union $395,000 $555,000 40.5% 0.1%
Union Savings And Loan Association $555,000 n/a 0.1%
The Campbell & Fetter Bank $550,000 n/a 0.1%
Plains Commerce Bank $545,000 n/a 0.1%
The Home Loan Expert LLC $515,000 n/a 0.1%
ProFed Federal Credit Union $510,000 n/a 0.1%
East Coast Capital Corp. $485,000 n/a 0.1%
SOVEREIGN LENDING GROUP INCORPORATED $135,000 $485,000 259.3% 0.1%
First Federal Savings Bank $105,000 $480,000 357.1% 0.1%
SECURITYNATIONAL MORTGAGE COMPANY $75,000 $475,000 533.3% 0.1%
Manufacturers and Traders Trust Company $105,000 $465,000 342.9% 0.1%
PLAZA HOME MORTGAGE, INC. $765,000 $460,000 -39.9% 0.1%
MILESTONE HOME LENDING, LLC $115,000 $455,000 295.7% 0.1%
V.I.P. MORTGAGE, INC. $215,000 $445,000 107.0% 0.1%
Axos Bank $95,000 $430,000 352.6% 0.1%
NBKC BANK $810,000 $420,000 -48.1% 0.1%
Northpointe Bank $230,000 $415,000 80.4% 0.1%
First Guaranty Mortgage Corporation $590,000 $410,000 -30.5% 0.1%
RANLIFE, INC. $410,000 n/a 0.1%
First Home Bank $400,000 n/a 0.1%
UNION HOME MORTGAGE CORP. $510,000 $395,000 -22.5% 0.1%
AMERICAN ADVISORS GROUP $310,000 $385,000 24.2% 0.1%
GENEVA FINANCIAL, LLC $980,000 $385,000 -60.7% 0.1%
Barrington Bank & Trust Company, N.A. $1,140,000 $380,000 -66.7% 0.1%
Advisors Mortgage Group, L.L.C. $370,000 n/a 0.1%
The Fountain Trust Company $365,000 n/a 0.1%
First Bank of Berne $1,165,000 $360,000 -69.1% 0.1%
SIRVA MORTGAGE, INC. $320,000 $355,000 10.9% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $560,000 $345,000 -38.4% 0.1%
The North Salem State Bank $345,000 n/a 0.1%
Third Federal Savings and Loan Association of Cleveland $340,000 n/a 0.1%
First Internet Bank of Indiana $200,000 $335,000 67.5% 0.1%
FAIR WAY LENDING LLC $325,000 n/a 0.1%
Truist Bank $320,000 n/a 0.1%
NOVA FINANCIAL & INVESTMENT CORPORATION $315,000 n/a 0.1%
Figure Lending LLC $320,000 $310,000 -3.1% 0.1%
Stock Yards Bank & Trust Company $270,000 $310,000 14.8% 0.1%
Paramount Residential Mortgage Group, Inc. $360,000 $300,000 -16.7% 0.1%
1st Source Bank $135,000 $290,000 114.8% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $75,000 $280,000 273.3% 0.1%
CANOPY MORTGAGE, LLC $270,000 n/a 0.0%
COMPASS MORTGAGE, INC. $255,000 n/a 0.0%
PHH Mortgage Corporation $225,000 $255,000 13.3% 0.0%
CHERRY CREEK MORTGAGE, LLC $250,000 n/a 0.0%
The Farmers State Bank $425,000 $250,000 -41.2% 0.0%
Residential Mortgage Solutions, Inc. $245,000 n/a 0.0%
Resource Bank, N.A. $245,000 n/a 0.0%
OCEANSIDE MORTGAGE COMPANY $365,000 $230,000 -37.0% 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $225,000 n/a 0.0%
EMM LOANS LLC $205,000 $225,000 9.8% 0.0%
GUARANTEED RATE AFFINITY, LLC $520,000 $225,000 -56.7% 0.0%
Hometown Lenders, Inc. $225,000 n/a 0.0%
Simmons Bank $225,000 n/a 0.0%
LENDINGONE, LLC $180,000 $220,000 22.2% 0.0%
The State Bank and Trust Company $295,000 $220,000 -25.4% 0.0%
DHI MORTGAGE COMPANY, LTD. $215,000 n/a 0.0%
WRIGHT-PATT CREDIT UNION, INC. $215,000 $210,000 -2.3% 0.0%
American Community Bank of Indiana $205,000 n/a 0.0%
Citadel Servicing Corporation $200,000 n/a 0.0%
Elements Financial Federal Credit Union $615,000 $195,000 -68.3% 0.0%
First Horizon Bank $195,000 n/a 0.0%
MORTGAGE MASTERS OF INDIANA, INC. $95,000 $195,000 105.3% 0.0%
EVERETT FINANCIAL, INC. $270,000 $190,000 -29.6% 0.0%
PURDUE FEDERAL CREDIT UNION $45,000 $190,000 322.2% 0.0%
First National Bank $185,000 n/a 0.0%
Discover Bank $205,000 $180,000 -12.2% 0.0%
AMERICAN FINANCIAL NETWORK, INC. $640,000 $175,000 -72.7% 0.0%
Century Mortgage Company DBA Century Lending Company $175,000 n/a 0.0%
FBC MORTGAGE, LLC $175,000 n/a 0.0%
IMPAC MORTGAGE CORP. $175,000 n/a 0.0%
Peoples Bank $175,000 n/a 0.0%
SOFI LENDING CORP. $125,000 $175,000 40.0% 0.0%
STOCKTON MORTGAGE CORPORATION $230,000 $175,000 -23.9% 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $170,000 n/a 0.0%
Charles Schwab Bank, SSB $165,000 n/a 0.0%
MORIA DEVELOPMENT, INC. $125,000 $165,000 32.0% 0.0%
MOVEMENT MORTGAGE, LLC $165,000 n/a 0.0%
FORT FINANCIAL Federal Credit Union $160,000 n/a 0.0%
SUCCESS MORTGAGE PARTNERS, INC. $155,000 n/a 0.0%
BEST CAPITAL FUNDING $145,000 n/a 0.0%
First Federal Bank $145,000 $145,000 0.0% 0.0%
GUARANTY HOME MORTGAGE CORPORATION $145,000 n/a 0.0%
Sierra Pacific Mortgage Company, Inc. $45,000 $145,000 222.2% 0.0%
STEARNS LENDING, LLC $95,000 $145,000 52.6% 0.0%
Servion, Inc. $625,000 $140,000 -77.6% 0.0%
ACOPIA, LLC $135,000 n/a 0.0%
HOME BANK AND TRUST COMPANY $135,000 n/a 0.0%
The National Bank of Indianapolis $145,000 $135,000 -6.9% 0.0%
TRIAD FINANCIAL SERVICES, INC. $25,000 $135,000 440.0% 0.0%
Wolfe Financial, Inc $145,000 $135,000 -6.9% 0.0%
ALLIANT CREDIT UNION $125,000 n/a 0.0%
ARC HOME LLC $240,000 $125,000 -47.9% 0.0%
Equity Prime Mortgage LLC $125,000 n/a 0.0%
EAGLE HOME MORTGAGE, LLC $115,000 n/a 0.0%
Magnolia Bank $115,000 n/a 0.0%
First Financial Bank $610,000 $110,000 -82.0% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $385,000 $105,000 -72.7% 0.0%
ANGEL OAK HOME LOANS LLC $105,000 n/a 0.0%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $115,000 $105,000 -8.7% 0.0%
EUSTIS AND AMERICAN MORTGAGE COMPANY $325,000 $105,000 -67.7% 0.0%
First National Bank of America $105,000 $105,000 0.0% 0.0%
PENTAGON FEDERAL CREDIT UNION $165,000 $105,000 -36.4% 0.0%
UNITED $105,000 n/a 0.0%
KS StateBank $95,000 n/a 0.0%
LENDUS, LLC $95,000 n/a 0.0%
Citizens Bank $1,245,000 $85,000 -93.2% 0.0%
Mortgage Assurance Inc. $85,000 n/a 0.0%
THE MONEY SOURCE INC. $85,000 n/a 0.0%
AFFINITY $75,000 n/a 0.0%
Atlantic Union Bank $75,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $75,000 n/a 0.0%
Security Federal Savings Bank $75,000 n/a 0.0%
MEMBER FIRST MORTGAGE, LLC $65,000 n/a 0.0%
REVERSE MORTGAGE FUNDING LLC $65,000 n/a 0.0%
The Park National Bank $65,000 n/a 0.0%
Bankers' Bank $55,000 n/a 0.0%
INOVA FEDERAL CREDIT UNION $105,000 $55,000 -47.6% 0.0%
LOS ANGELES POLICE Federal Credit Union $55,000 n/a 0.0%
RELIANCE FIRST CAPITAL, LLC $270,000 $55,000 -79.6% 0.0%
TCF National Bank $55,000 n/a 0.0%
BEACON CREDIT UNION $625,000 $45,000 -92.8% 0.0%
CRANE $45,000 n/a 0.0%
DAS Acquisition Company, LLC $45,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $45,000 n/a 0.0%
MidFirst Bank $45,000 n/a 0.0%
MIDWEST AMERICA $25,000 n/a 0.0%

MUNCIE's top lender by overall market share is RUOFF MORTGAGE COMPANY, INC., with 11.8% market share. In second place, with 9.5%, is First Merchants Bank, having originated $51,810,000 in loans. In third place, with 6.7%, is QUICKEN LOANS, LLC, having originated $36,520,000 in loans. In fourth place, with 6.1%, is CALIBER HOME LOANS, INC., having originated $33,135,000 in loans. In fifth place, with 6.0%, is GVC MORTGAGE, INC., having originated $32,815,000 in loans.


MUNCIE Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - MUNCIE (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 $74,900 (1.0%) $112,806 (-1.1%) 0.00 363
2018-02-01 $74,900 (7.2%) $117,880 (1.5%) 0.00 348
2018-03-01 $74,900 (4.1%) $126,601 (8.0%) 0.00 330
2018-04-01 $77,697 (6.5%) $141,672 (21.4%) 0.00 313
2018-05-01 $89,900 (23.2%) $146,750 (23.2%) 0.00 346
2018-06-01 $88,388 (12.0%) $144,030 (13.4%) 0.00 369
2018-07-01 $89,900 (11.1%) $141,240 (8.2%) 0.00 387
2018-08-01 $87,072 (4.2%) $142,531 (-2.0%) 0.00 405
2018-09-01 $85,000 (-0.5%) $138,184 (-12.6%) 0.00 435
2018-10-01 $87,925 (4.6%) $139,168 (-11.8%) 0.00 416
2018-11-01 $84,950 (5.4%) $139,900 (-11.3%) 0.00 405
2018-12-01 $79,900 (6.7%) $135,746 (13.5%) 0.00 387
2019-01-01 $79,900 (6.7%) $132,777 (17.7%) 0.00 368
2019-02-01 $79,900 (6.7%) $127,454 (8.1%) 0.00 352
2019-03-01 $82,457 (10.1%) $134,073 (5.9%) 0.00 345
2019-04-01 $87,150 (12.2%) $142,939 (0.9%) 0.00 345
2019-05-01 $98,675 (9.8%) $149,282 (1.7%) 0.00 343
2019-06-01 $105,000 (18.8%) $153,534 (6.6%) 0.00 350
2019-07-01 $107,400 (19.5%) $163,182 (15.5%) 0.00 356
2019-08-01 $118,536 (36.1%) $162,873 (14.3%) 0.00 372
2019-09-01 $116,491 (37.1%) $158,220 (14.5%) 0.00 380
2019-10-01 $113,450 (29.0%) $152,810 (9.8%) 0.00 379
2019-11-01 $109,900 (29.4%) $144,828 (3.5%) 0.00 376
2019-12-01 $99,900 (25.0%) $140,761 (3.7%) 0.00 337
2020-01-01 $101,950 (27.6%) $141,660 (6.7%) 0.00 303
2020-02-01 $95,900 (20.0%) $140,729 (10.4%) 0.00 268
2020-03-01 $90,925 (10.3%) $140,581 (4.9%) 0.00 247
2020-04-01 $81,650 (-6.3%) $137,702 (-3.7%) 0.00 238
2020-05-01 $88,950 (-9.9%) $159,264 (6.7%) 0.00 194
2020-06-01 $82,450 (-21.5%) $159,725 (4.0%) 0.00 162
2020-07-01 $112,650 (4.9%) $178,488 (9.4%) 0.00 147
2020-08-01 $114,745 (-3.2%) $175,476 (7.7%) 0.00 159
2020-09-01 $112,900 (-3.1%) $166,122 (5.0%) 0.00 201
2020-10-01 $104,900 (-7.5%) $156,953 (2.7%) 0.00 237
2020-11-01 $96,650 (-12.1%) $152,917 (5.6%) 0.00 238
2020-12-01 $79,313 (-20.6%) $140,464 (-0.2%) 0.00 206
2021-01-01 $68,950 (-32.4%) $134,820 (-4.8%) 0.00 188
2021-02-01 $64,650 (-32.6%) $139,264 (-1.0%) 0.00 140
2021-03-01 $59,900 (-34.1%) $137,640 (-2.1%) 0.00 116
2021-04-01 $64,675 (-20.8%) $127,818 (-7.2%) 0.00 109
2021-05-01 $67,500 (-24.1%) $132,025 (-17.1%) 0.00 117
2021-06-01 $91,400 (10.9%) $157,896 (-1.1%) 0.00 135
2021-07-01 $116,400 (3.3%) $173,626 (-2.7%) 0.00 170
2021-08-01 $121,700 (6.1%) $172,371 (-1.8%) 0.00 169
2021-09-01 $124,900 (10.6%) $165,970 (-0.1%) 0.00 171
2021-10-01 $119,695 (14.1%) $154,627 (-1.5%) 0.00 163
2021-11-01 $122,425 (26.7%) $153,703 (0.5%) 0.00 145
2021-12-01 $129,900 (63.8%) $162,940 (16.0%) 0.00 136
2022-01-01 $132,900 (92.8%) $152,759 (13.3%) 0.00 116
2022-02-01 $109,872 (70.0%) $144,907 (4.1%) 0.00 75
2022-03-01 $119,573 (99.6%) $161,444 (17.3%) 0.00 83
2022-04-01 $112,500 (74.0%) $163,406 (27.8%) 0.00 92
2022-05-01 $130,000 (92.6%) $180,384 (36.6%) 0.00 109
2022-06-01 $128,175 (40.2%) $192,404 (21.9%) 0.00 134
2022-07-01 $130,000 (11.7%) $202,461 (16.6%) 0.00 150
2022-08-01 $135,000 (10.9%) $202,080 (17.2%) 0.00 158
2022-09-01 $134,975 (8.1%) $191,359 (15.3%) 0.00 171
2022-10-01 $164,900 (37.8%) $194,610 (25.9%) 0.00 183
2022-11-01 $172,425 (40.8%) $199,169 (29.6%) 0.00 187
MUNCIE's median listing price for 2022-11-01 was $172,425, a difference of $50,000 (40.8%) versus the prior year and $7,525 versus the prior month.

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

MUNCIE's average listing price for 2022-11-01 was $199,169, a difference of $45,466 (29.6%) versus the prior year and $4,559 versus the prior month.

For the 2022-11-01 period, MUNCIE had 187 MLS listings, a difference of 4 listings (2%) versus the prior month and 42 listings (29%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - MUNCIE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,522 sqft
2018-02-01 0 days 1,525 sqft
2018-03-01 0 days 1,537 sqft
2018-04-01 0 days 1,574 sqft
2018-05-01 0 days 1,723 sqft
2018-06-01 0 days 1,729 sqft
2018-07-01 0 days 1,721 sqft
2018-08-01 0 days 1,665 sqft
2018-09-01 0 days 1,608 sqft
2018-10-01 0 days 1,599 sqft
2018-11-01 0 days 1,614 sqft
2018-12-01 0 days 1,616 sqft
2019-01-01 0 days 1,528 sqft
2019-02-01 0 days 1,500 sqft
2019-03-01 0 days 1,487 sqft
2019-04-01 0 days 1,527 sqft
2019-05-01 0 days 1,547 sqft
2019-06-01 0 days 1,579 sqft
2019-07-01 0 days 1,611 sqft
2019-08-01 0 days 1,623 sqft
2019-09-01 0 days 1,616 sqft
2019-10-01 0 days 1,610 sqft
2019-11-01 0 days 1,598 sqft
2019-12-01 0 days 1,585 sqft
2020-01-01 0 days 1,563 sqft
2020-02-01 0 days 1,548 sqft
2020-03-01 0 days 1,487 sqft
2020-04-01 0 days 1,457 sqft
2020-05-01 0 days 1,461 sqft
2020-06-01 0 days 1,462 sqft
2020-07-01 0 days 1,583 sqft
2020-08-01 0 days 1,658 sqft
2020-09-01 0 days 1,613 sqft
2020-10-01 0 days 1,556 sqft
2020-11-01 0 days 1,500 sqft
2020-12-01 0 days 1,464 sqft
2021-01-01 0 days 1,400 sqft
2021-02-01 0 days 1,390 sqft
2021-03-01 0 days 1,286 sqft
2021-04-01 0 days 1,346 sqft
2021-05-01 0 days 1,386 sqft
2021-06-01 0 days 1,548 sqft
2021-07-01 0 days 1,617 sqft
2021-08-01 0 days 1,594 sqft
2021-09-01 0 days 1,603 sqft
2021-10-01 0 days 1,584 sqft
2021-11-01 0 days 1,571 sqft
2021-12-01 0 days 1,529 sqft
2022-01-01 0 days 1,578 sqft
2022-02-01 0 days 1,567 sqft
2022-03-01 0 days 1,599 sqft
2022-04-01 0 days 1,688 sqft
2022-05-01 0 days 1,741 sqft
2022-06-01 0 days 1,672 sqft
2022-07-01 0 days 1,673 sqft
2022-08-01 0 days 1,792 sqft
2022-09-01 0 days 1,751 sqft
2022-10-01 0 days 1,728 sqft
2022-11-01 0 days 1,769 sqft
MUNCIE's median listing age (time on market) for 2022-11-01 was 0 days.

MUNCIE's median square footage for active listings during the 2022-11-01 period was 1,769 sqft. One year prior, the average listing was 1,571 sqft.

MUNCIE, IN Average Rent (2022)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
46001 Muncie, IN $550 $610 $790 $1,010 $1,070
46012 Muncie, IN $570 $620 $810 $1,040 $1,100
46017 Muncie, IN $560 $620 $800 $1,020 $1,080
46070 Muncie, IN $520 $570 $740 $940 $1,000
46989 Muncie, IN $570 $600 $760 $1,020 $1,100
47302 Muncie, IN $550 $580 $740 $990 $1,070
47303 Muncie, IN $550 $580 $740 $990 $1,070
47304 Muncie, IN $630 $660 $840 $1,130 $1,220
47305 Muncie, IN $550 $580 $740 $990 $1,070
47306 Muncie, IN $600 $630 $800 $1,080 $1,170
47307 Muncie, IN $570 $600 $760 $1,020 $1,100
47308 Muncie, IN $570 $600 $760 $1,020 $1,100
47320 Muncie, IN $550 $580 $740 $990 $1,070
47334 Muncie, IN $620 $660 $830 $1,120 $1,200
47336 Muncie, IN $550 $580 $740 $990 $1,070
47338 Muncie, IN $600 $630 $800 $1,080 $1,160
47342 Muncie, IN $550 $580 $740 $990 $1,070
47354 Muncie, IN $550 $580 $740 $990 $1,070
47356 Muncie, IN $530 $580 $750 $960 $1,030
47367 Muncie, IN $550 $580 $740 $990 $1,070
47368 Muncie, IN $550 $580 $740 $990 $1,070
47383 Muncie, IN $610 $650 $820 $1,100 $1,190
47386 Muncie, IN $570 $600 $760 $1,020 $1,100
47396 Muncie, IN $550 $580 $740 $990 $1,070

2022 Average & Median Rent Data Statistics
MUNCIE, IN average 1BR rent: $601, median: $590
MUNCIE, IN average 2BR rent: $768, median: $755
MUNCIE, IN average 3BR rent: $1,019, median: $1,000

MUNCIE, IN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,619 $280,395,000 $173,190
Refi 1,087 $143,305,000 $131,835
Cash Out Refi 736 $97,390,000 $132,323
Other 174 $12,830,000 $73,736
Home Improvement 156 $10,370,000 $66,474
NA 1 $95,000 $95,000

Muncie's most frequently cited loan purpose was Home Purchase, with 1,619 originations. The 2nd most popular reason was Refi, with 1,087 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 1,665 $257,715,000 $154,784
2.5-3% 1,185 $169,955,000 $143,422
<2.5% 564 $76,450,000 $135,550
4-5% 245 $30,885,000 $126,061
5-6% 29 $2,705,000 $93,276
7-8% 26 $1,600,000 $61,538
Over 8% 16 $1,050,000 $65,625
6-7% 10 $390,000 $39,000

During 2021, Muncie's most frequently originated rate bucket was 3-4%, with 1,665 originations.

Loan Sizing (MUNCIE, IN MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,588 $221,460,000 $139,458
$100,000 or less 1,573 $99,795,000 $63,442
$200k-400k 519 $135,755,000 $261,570
$400k-600k 63 $30,005,000 $476,270
$Over $1MM 17 $47,665,000 $2,803,824
$600k-1000k 13 $9,705,000 $746,538

MUNCIE's loan sizing saw the bucket of loans from $100k-200k with 1,588 originations, totaling $221,460,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,512 $227,780,000 $150,648
60-80% 1,193 $192,895,000 $161,689
40-60% 419 $55,555,000 $132,589
20-40% 260 $20,520,000 $78,923
Under 20% 152 $6,010,000 $39,539
Over 100% 22 $11,950,000 $543,182

MUNCIE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,512 originations, totaling $227,780,000 in origination value.