MUNCIE Mortgage Rates

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

30 Year Fixed Rate mortgages in Muncie averaged 5.61% for the week of 2022-05-12, compared to the national average of 5.3% for the same period.

The average rate for the prior week (2022-05-05) was 5.58% and one month ago for the week of 2022-04-07, the average rate was 5.03%.

Muncie's average rate one year ago was 3.33%.

For refis of the same type during the week of 2022-05-12, the average rate was 5.66%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-05-12 5.3%
Muncie 30 Year Fixed Rate 2022-05-12 5.61%
Muncie 30 Year Fixed Rate Refi 2022-05-12 5.66%
Muncie 15 Year Fixed Rate 2022-05-12 5.38%
Muncie 15 Year Fixed Rate Refi 2022-05-12 4.79%
Muncie 30 Year FHA 2022-05-12 5.56%
Muncie 30 Year FHA Refi 2022-05-12 5.56%
Muncie 30 Year USDA 2022-05-12 5.72%
Muncie 30 Year USDA Refi 2022-05-12 5.04%
Muncie 30 Year VA 2022-05-12 5.51%
Muncie 30 Year VA Refi 2022-05-12 5.01%
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 lendor, 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. Total Fees
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
FINANCE OF AMERICA MORTGAGE LLC 10 3.10% $3,401
ROYAL UNITED MORTGAGE LLC 10 3.40% $4,868
Mr. Cooper ( Nationstar Mortgage ) 9 3.63% $4,971
Farm Credit Mid-America, ACA 9 3.55% $5,910
BETTER MORTGAGE CORPORATION 9 2.96% $2,201
The Huntington National Bank 9 3.15% $2,478
MJW Financial LLC 8 3.36% $2,884
AMERISAVE MORTGAGE CORPORATION 8 2.92% $4,733
FORUM Credit Union 8 2.84% $1,752
ENDEAVOR CAPITAL, LLC. 8 3.06% $4,348
INDIANA MEMBERS CREDIT UNION 7 3.02% $2,328
Flagstar Bank, FSB 7 3.40% $3,174
CROSSCOUNTRY MORTGAGE, LLC 7 3.43% $3,644
OPEN MORTGAGE, LLC 7 3.23% $3,185
PRIMELENDING, A PLAINSCAPITAL COMPANY 7 3.87% $3,535
Wells Fargo Bank 6 3.40% $2,624
PNC Bank 6 3.08% $2,840
PENNYMAC LOAN SERVICES, LLC 6 3.42% $3,408
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 5 3.28% $2,967
First Financial Bank 5 3.60% $2,150
NEWREZ LLC 5 3.28% $3,408
Madison County Federal Credit Union 5 3.00% $2,672
Ally Bank 5 3.53% $1,716
Fifth Third Bank 5 3.00% $2,572
Citizens Bank 5 2.93% $2,167
MUTUAL OF OMAHA MORTGAGE, INC. 5 3.50% $3,424
HOME POINT FINANCIAL CORPORATION 5 3.15% $2,569
FREEDOM MORTGAGE CORPORATION 5 3.58% $2,229
1ST SIGNATURE LENDING, LLC 4 3.19% $4,158
SECURITYNATIONAL MORTGAGE COMPANY 4 3.84% $4,090
NAVY FEDERAL CREDIT UNION 4 4.50% $3,520
Regions Bank 4 3.19% $2,408
JLB CORPORATION 4 3.66% $4,157
InterContinental Capital Group, Inc 4 3.00% $3,417
MID AMERICA MORTGAGE, INC. 4 3.31% $2,850
BROKER SOLUTIONS, INC. 4 3.28% $3,305
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 4 3.18% $3,597
HALLMARK HOME MORTGAGE, LLC 3 3.54% $2,235
ProFed Federal Credit Union 3 2.96% $2,206
EVERETT FINANCIAL, INC. 3 4.54% $1,051
TUCKER MORTGAGE, LLC 3 2.88% $2,315
Wyndham Capital Mortgage, Inc. 3 3.38% $1,073
ZILLOW HOME LOANS, LLC 3 3.33% $3,655
First Federal Savings Bank 3 3.04% $4,004
First Option Mortgage, LLC 3 3.79% $4,179
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
AMERICAN FINANCING CORPORATION 3 3.04% $2,584
GUARANTEED RATE, INC. 2 3.31% $2,960
First Federal Bank of the Midwest 2 3.06% $2,466
First Farmers Bank and Trust Company 2 3.19% $2,645
Axos Bank 2 3.12% $2,847
First Bank Richmond 2 2.81% $2,220
CHERRY CREEK MORTGAGE, LLC 2 4.19% $673
Union Savings Bank 2 3.00% $1,362
Merchants Bank of Indiana 2 2.88% $3,123
Nations Lending Corporation 2 3.38% $3,097
Horizon Bank 2 3.31% $1,920
Truist Bank 2 3.14% $3,170
Three Rivers Federal Credit Union 2 3.06% $2,600
INSPIRE HOME LOANS INC. 2 3.19% $3,485
SIRVA MORTGAGE, INC. 2 3.38% $1,190
Ixonia Bank 2 2.75% $2,363
RANLIFE, INC. 2 2.88% $3,977
Elements Financial Federal Credit Union 2 3.69% $2,217
Discover Bank 2 4.74% $0
Mortgage Research Center, LLC 2 2.75% $2,143
Bank of England 2 3.56% $2,467
Bank of America 2 2.75% $3,482
Northpointe Bank 2 3.56% $2,337
FORT FINANCIAL Federal Credit Union 2 3.63% $2,230
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 3.38% $2,844
Manufacturers and Traders Trust Company 2 3.38% $3,249
AmeriHome Mortgage Company, LLC 2 3.75% $3,903
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, 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.

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 Lender Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
RUOFF MORTGAGE COMPANY, INC. $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 third place, with 6.1%, is CALIBER HOME LOANS, INC., having originated $33,135,000 in loans. In third place, with 6.0%, is GVC MORTGAGE, INC., having originated $32,815,000 in loans.


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.


Market Conditions (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 $72,450 (1.8%) $106,771 (-3.1%) 0.00 445
2018-02-01 $72,950 (4.4%) $111,330 (0.2%) 0.00 425
2018-03-01 $74,900 (7.2%) $118,741 (4.3%) 0.00 398
2018-04-01 $74,950 (4.2%) $134,257 (16.8%) 0.00 383
2018-05-01 $86,450 (23.6%) $137,626 (20.2%) 0.00 425
2018-06-01 $84,900 (11.5%) $137,655 (13.7%) 0.00 456
2018-07-01 $86,250 (8.0%) $135,028 (6.9%) 0.00 472
2018-08-01 $84,950 (7.3%) $138,136 (-0.1%) 0.00 486
2018-09-01 $84,900 (4.2%) $134,185 (-9.8%) 0.00 537
2018-10-01 $84,900 (6.2%) $134,999 (-9.0%) 0.00 517
2018-11-01 $81,000 (1.4%) $134,805 (-9.4%) 0.00 497
2018-12-01 $79,900 (9.6%) $132,461 (16.0%) 0.00 474
2019-01-01 $79,900 (10.3%) $130,129 (21.9%) 0.00 447
2019-02-01 $79,900 (9.5%) $126,736 (13.8%) 0.00 431
2019-03-01 $84,186 (12.4%) $132,872 (11.9%) 0.00 420
2019-04-01 $91,400 (22.0%) $140,491 (4.6%) 0.00 423
2019-05-01 $119,495 (38.2%) $147,520 (7.2%) 0.00 430
2019-06-01 $119,000 (40.2%) $154,276 (12.1%) 0.00 442
2019-07-01 $124,995 (44.9%) $163,044 (20.8%) 0.00 446
2019-08-01 $125,639 (47.9%) $161,994 (17.3%) 0.00 509
2019-09-01 $125,634 (48.0%) $158,114 (17.8%) 0.00 518
2019-10-01 $119,950 (41.3%) $152,205 (12.7%) 0.00 463
2019-11-01 $114,900 (41.9%) $142,331 (5.6%) 0.00 454
2019-12-01 $110,000 (37.7%) $137,598 (3.9%) 0.00 416
2020-01-01 $109,950 (37.6%) $137,165 (5.4%) 0.00 371
2020-02-01 $102,900 (28.8%) $140,124 (10.6%) 0.00 331
2020-03-01 $99,700 (18.4%) $141,439 (6.5%) 0.00 307
2020-04-01 $88,950 (-2.7%) $138,416 (-1.5%) 0.00 296
2020-05-01 $99,900 (-16.4%) $161,188 (9.3%) 0.00 231
2020-06-01 $87,450 (-26.5%) $157,993 (2.4%) 0.00 187
2020-07-01 $117,000 (-6.4%) $173,140 (6.2%) 0.00 171
2020-08-01 $119,900 (-4.6%) $174,166 (7.5%) 0.00 184
2020-09-01 $114,950 (-8.5%) $168,381 (6.5%) 0.00 234
2020-10-01 $110,000 (-8.3%) $164,563 (8.1%) 0.00 272
2020-11-01 $102,400 (-10.9%) $162,741 (14.3%) 0.00 282
2020-12-01 $84,750 (-23.0%) $148,241 (7.7%) 0.00 236
2021-01-01 $69,900 (-36.4%) $144,124 (5.1%) 0.00 219
2021-02-01 $68,950 (-33.0%) $149,856 (7.0%) 0.00 159
2021-03-01 $63,450 (-36.4%) $147,577 (4.3%) 0.00 124
2021-04-01 $65,450 (-26.4%) $137,001 (-1.0%) 0.00 117
2021-05-01 $65,000 (-34.9%) $140,261 (-13.0%) 0.00 125
2021-06-01 $92,400 (5.7%) $162,426 (2.8%) 0.00 146
2021-07-01 $118,200 (1.0%) $169,701 (-2.0%) 0.00 176
2021-08-01 $122,500 (2.2%) $170,435 (-2.1%) 0.00 183
2021-09-01 $124,950 (8.7%) $165,944 (-1.5%) 0.00 182
2021-10-01 $119,900 (9.0%) $155,830 (-5.3%) 0.00 182
2021-11-01 $122,195 (19.3%) $153,529 (-5.7%) 0.00 155
2021-12-01 $129,900 (53.3%) $165,540 (11.7%) 0.00 150
2022-01-01 $135,000 (93.1%) $157,105 (9.0%) 0.00 128
2022-02-01 $114,700 (66.4%) $154,849 (3.3%) 0.00 83
2022-03-01 $121,695 (91.8%) $162,992 (10.4%) 0.00 89
2022-04-01 $110,000 (68.1%) $156,829 (14.5%) 0.00 96
MUNCIE's median listing price for 2022-04-01 was $110,000, a difference of $44,550 (68.1%) versus the prior year and $-11,695 versus the prior month.

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

MUNCIE's average listing price for 2022-04-01 was $156,829, a difference of $19,828 (14.5%) versus the prior year and $-6,163 versus the prior month.

For the 2022-04-01 period, MUNCIE had 96 MLS listings, a difference of 7 listings (8%) versus the prior month and -21 listings (-18%) 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 1,485 sqft
2018-02-01 0 days 1,510 sqft
2018-03-01 0 days 1,500 sqft
2018-04-01 0 days 1,546 sqft
2018-05-01 0 days 1,676 sqft
2018-06-01 0 days 1,704 sqft
2018-07-01 0 days 1,689 sqft
2018-08-01 0 days 1,618 sqft
2018-09-01 0 days 1,559 sqft
2018-10-01 0 days 1,544 sqft
2018-11-01 0 days 1,540 sqft
2018-12-01 0 days 1,556 sqft
2019-01-01 0 days 1,481 sqft
2019-02-01 0 days 1,463 sqft
2019-03-01 0 days 1,461 sqft
2019-04-01 0 days 1,484 sqft
2019-05-01 0 days 1,511 sqft
2019-06-01 0 days 1,568 sqft
2019-07-01 0 days 1,597 sqft
2019-08-01 0 days 1,611 sqft
2019-09-01 0 days 1,610 sqft
2019-10-01 0 days 1,610 sqft
2019-11-01 0 days 1,580 sqft
2019-12-01 0 days 1,537 sqft
2020-01-01 0 days 1,530 sqft
2020-02-01 0 days 1,536 sqft
2020-03-01 0 days 1,487 sqft
2020-04-01 0 days 1,432 sqft
2020-05-01 0 days 1,457 sqft
2020-06-01 0 days 1,458 sqft
2020-07-01 0 days 1,583 sqft
2020-08-01 0 days 1,712 sqft
2020-09-01 0 days 1,614 sqft
2020-10-01 0 days 1,578 sqft
2020-11-01 0 days 1,535 sqft
2020-12-01 0 days 1,461 sqft
2021-01-01 0 days 1,430 sqft
2021-02-01 0 days 1,400 sqft
2021-03-01 0 days 1,274 sqft
2021-04-01 0 days 1,419 sqft
2021-05-01 0 days 1,400 sqft
2021-06-01 0 days 1,554 sqft
2021-07-01 0 days 1,614 sqft
2021-08-01 0 days 1,602 sqft
2021-09-01 0 days 1,603 sqft
2021-10-01 0 days 1,584 sqft
2021-11-01 0 days 1,564 sqft
2021-12-01 0 days 1,538 sqft
2022-01-01 0 days 1,603 sqft
2022-02-01 0 days 1,603 sqft
2022-03-01 0 days 1,603 sqft
2022-04-01 0 days 1,688 sqft
MUNCIE's median listing age (time on market) for 2022-04-01 was 0 days.

MUNCIE's median square footage for active listings during the 2022-04-01 period was 1,688 sqft. One year prior, the average listing was 1,419 sqft.