Plymouth Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Plymouth averaged
6.98%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
7.11% and
one month ago for the week of 2025-05-15, the
average rate was 7.08%.
Plymouth's average rate one year ago was 7.32%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.11%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Plymouth 30 Year Fixed Rate | 2025-06-18 | 6.98% |
| Plymouth 30 Year Fixed Rate Refi | 2025-06-18 | 7.11% |
| Plymouth 15 Year Fixed Rate | 2025-06-18 | 5.76% |
| Plymouth 15 Year Fixed Rate Refi | 2025-06-18 | 5.96% |
| Plymouth 30 Year FHA | 2025-06-18 | -0.2% |
| Plymouth 30 Year FHA Refi | 2025-06-18 | 0.2% |
| Plymouth 30 Year USDA | 2025-06-18 | 0% |
| Plymouth 30 Year USDA Refi | 2025-06-18 | -0.2% |
| Plymouth 30 Year VA | 2025-06-18 | 0.2% |
| Plymouth 30 Year VA Refi | 2025-06-18 | 0% |
Plymouth 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 Plymouth, 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.).
Plymouth Average Closing Costs & Other Stats
Plymouth, IN's 73 lenders originated 1,042
loans during 2024. The total origination value was $163,310,000, with an average loan value of
$156,727.
Plymouth's average closing costs are $3,656.
The top Plymouth lender as defined by loan originations is First Federal Savings Bank, with
93 loans originated. Their average total fees are
$2,828, which is $1,289
lower than the next largest lender,
RUOFF MORTGAGE COMPANY, INC..
The lowest fee Plymouth lenders (with over 10 loans originated) are
TEACHERS CREDIT UNION ($2,413), INTERRA CREDIT UNION ($2,772), First Federal Savings Bank ($2,828), Lake City Bank ($3,102) and 1st Source Bank ($3,300).
The lowest rate Plymouth lenders (with over 10 loans originated) are
INTERRA CREDIT UNION (6.41%), UNITED WHOLESALE MORTGAGE, LLC (6.64%), TEACHERS CREDIT UNION (6.81%), RUOFF MORTGAGE COMPANY, INC. (6.81%) and HALLMARK HOME MORTGAGE, LLC (6.89%).
Plymouth, IN Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| First Federal Savings Bank | $420,000 | $24,260,000 | 5,676.2% | 14.9% |
| Lake City Bank | $13,480,000 | $13,850,000 | 2.7% | 8.5% |
| RUOFF MORTGAGE COMPANY, INC. | $14,555,000 | $12,350,000 | -15.1% | 7.6% |
| 1st Source Bank | $11,805,000 | $12,325,000 | 4.4% | 7.5% |
| INTERRA CREDIT UNION | $5,980,000 | $8,015,000 | 34.0% | 4.9% |
| TEACHERS CREDIT UNION | $8,900,000 | $7,515,000 | -15.6% | 4.6% |
| HALLMARK HOME MORTGAGE, LLC | $4,380,000 | $6,650,000 | 51.8% | 4.1% |
| CARDINAL FINANCIAL | $3,585,000 | $5,270,000 | 47.0% | 3.2% |
| QUICKEN LOANS, LLC | $5,670,000 | $4,820,000 | -15.0% | 3.0% |
| Farm Credit Mid-America, ACA | $1,175,000 | $4,400,000 | 274.5% | 2.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $2,120,000 | $4,060,000 | 91.5% | 2.5% |
| Mortgage Research Center, LLC | $3,110,000 | $3,250,000 | 4.5% | 2.0% |
| Alliance Bank | $2,860,000 | n/a | 1.8% | |
| Charles Schwab Bank, SSB | $2,805,000 | n/a | 1.7% | |
| Centier Bank | $2,660,000 | $2,685,000 | 0.9% | 1.6% |
| Notre Dame Federal Credit Union Corporation | $3,315,000 | $2,395,000 | -27.8% | 1.5% |
| BEACON CREDIT UNION | $1,840,000 | $1,960,000 | 6.5% | 1.2% |
| First Merchants Bank | $3,840,000 | $1,930,000 | -49.7% | 1.2% |
| FREEDOM MORTGAGE CORPORATION | $705,000 | $1,715,000 | 143.3% | 1.1% |
| Old National Bank | $350,000 | $1,485,000 | 324.3% | 0.9% |
| JPMorgan Chase Bank | $3,650,000 | $1,365,000 | -62.6% | 0.8% |
| GUARANTEED RATE, INC. | $410,000 | $1,180,000 | 187.8% | 0.7% |
| LEADERONE FINANCIAL CORPORATION | $1,090,000 | n/a | 0.7% | |
| UNION HOME MORTGAGE CORP. | $1,380,000 | $1,090,000 | -21.0% | 0.7% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $835,000 | $1,060,000 | 26.9% | 0.6% |
| The Campbell & Fetter Bank | $565,000 | $1,015,000 | 79.6% | 0.6% |
| KeyBank | $855,000 | $900,000 | 5.3% | 0.6% |
| LOANDEPOT.COM, LLC | $605,000 | $895,000 | 47.9% | 0.5% |
| CMG MORTGAGE, INC. | $885,000 | n/a | 0.5% | |
| Crossroads Bank | $800,000 | n/a | 0.5% | |
| CHURCHILL MORTGAGE CORPORATION | $1,435,000 | $775,000 | -46.0% | 0.5% |
| Stifel Bank and Trust | $765,000 | n/a | 0.5% | |
| Iroquois Federal Savings and Loan Association | $760,000 | n/a | 0.5% | |
| PENNYMAC LOAN SERVICES, LLC | $695,000 | $740,000 | 6.5% | 0.5% |
| Bank of Pontiac | $3,085,000 | $705,000 | -77.1% | 0.4% |
| PNC Bank | $680,000 | $705,000 | 3.7% | 0.4% |
| Barrington Bank & Trust Company, N.A. | $650,000 | n/a | 0.4% | |
| GVC MORTGAGE, INC. | $125,000 | $650,000 | 420.0% | 0.4% |
| PLANET HOME LENDING, LLC | $145,000 | $635,000 | 337.9% | 0.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $975,000 | $620,000 | -36.4% | 0.4% |
| First Farmers Bank and Trust Company | $1,455,000 | $600,000 | -58.8% | 0.4% |
| STOCKTON MORTGAGE CORPORATION | $210,000 | $600,000 | 185.7% | 0.4% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $580,000 | n/a | 0.4% | |
| USAA Federal Savings Bank | $605,000 | $555,000 | -8.3% | 0.3% |
| Union Savings Bank | $515,000 | n/a | 0.3% | |
| CBI Bank & Trust | $505,000 | n/a | 0.3% | |
| Mr. Cooper ( Nationstar Mortgage ) | $280,000 | $500,000 | 78.6% | 0.3% |
| Northwest Bank | $200,000 | $500,000 | 150.0% | 0.3% |
| GUILD MORTGAGE COMPANY | $190,000 | $490,000 | 157.9% | 0.3% |
| Flanagan State Bank | $455,000 | n/a | 0.3% | |
| AMERISAVE MORTGAGE CORPORATION | $830,000 | $440,000 | -47.0% | 0.3% |
| EMBRACE HOME LOANS, INC. | $435,000 | n/a | 0.3% | |
| Prosperity Home Mortgage, LLC | $680,000 | $430,000 | -36.8% | 0.3% |
| The Huntington National Bank | $510,000 | $415,000 | -18.6% | 0.3% |
| Bank of America | $1,225,000 | $410,000 | -66.5% | 0.3% |
| VAN DYK MORTGAGE CORPORATION | $335,000 | $405,000 | 20.9% | 0.2% |
| Fifth Third Bank | $210,000 | $395,000 | 88.1% | 0.2% |
| Peoples Bank | $395,000 | n/a | 0.2% | |
| AMERICAN FINANCING CORPORATION | $275,000 | $380,000 | 38.2% | 0.2% |
| Wells Fargo Bank | $230,000 | $380,000 | 65.2% | 0.2% |
| ILLINOIS STATE CREDIT UNION | $365,000 | n/a | 0.2% | |
| Magnolia Bank | $345,000 | $355,000 | 2.9% | 0.2% |
| ENVOY MORTGAGE, LTD | $350,000 | n/a | 0.2% | |
| North American Savings Bank, F.S.B. | $365,000 | $335,000 | -8.2% | 0.2% |
| Horizon Bank | $1,130,000 | $330,000 | -70.8% | 0.2% |
| UNITED | $315,000 | $325,000 | 3.2% | 0.2% |
| 1ST SIGNATURE LENDING, LLC | $315,000 | n/a | 0.2% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $315,000 | n/a | 0.2% | |
| PURDUE FEDERAL CREDIT UNION | $535,000 | $310,000 | -42.1% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $300,000 | n/a | 0.2% | |
| The State Bank and Trust Company | $295,000 | n/a | 0.2% | |
| NEWREZ LLC | $290,000 | n/a | 0.2% | |
| 21ST MORTGAGE CORPORATION | $345,000 | $285,000 | -17.4% | 0.2% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $285,000 | n/a | 0.2% | |
| HOMESIDE FINANCIAL, LLC | $255,000 | n/a | 0.2% | |
| Carrington Mortgage Services, LLC | $210,000 | $250,000 | 19.0% | 0.2% |
| EVERETT FINANCIAL, INC. | $245,000 | n/a | 0.2% | |
| Loan Simple, Inc. | $220,000 | $245,000 | 11.4% | 0.2% |
| Figure Lending LLC | $25,000 | $240,000 | 860.0% | 0.1% |
| LOANPAL, LLC | $105,000 | $240,000 | 128.6% | 0.1% |
| Three Rivers Federal Credit Union | $125,000 | $235,000 | 88.0% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $590,000 | $230,000 | -61.0% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $225,000 | $225,000 | 0.0% | 0.1% |
| INOVA FEDERAL CREDIT UNION | $155,000 | $220,000 | 41.9% | 0.1% |
| DIRECT MORTGAGE LOANS, LLC | $145,000 | $215,000 | 48.3% | 0.1% |
| GSF Mortgage Corporation | $195,000 | n/a | 0.1% | |
| Wolfe Financial, Inc | $195,000 | n/a | 0.1% | |
| AMERICAN HERITAGE LENDING, INC. | $190,000 | n/a | 0.1% | |
| GENEVA FINANCIAL, LLC | $125,000 | $190,000 | 52.0% | 0.1% |
| CLEARPATH LENDING | $165,000 | $185,000 | 12.1% | 0.1% |
| U.S. Bank | $205,000 | $180,000 | -12.2% | 0.1% |
| Discover Bank | $390,000 | $170,000 | -56.4% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $165,000 | n/a | 0.1% | |
| M&T Bank | $165,000 | n/a | 0.1% | |
| DeMotte State Bank | $145,000 | $160,000 | 10.3% | 0.1% |
| BROKER SOLUTIONS, INC. | $360,000 | $155,000 | -56.9% | 0.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $730,000 | $155,000 | -78.8% | 0.1% |
| First National Bank of America | $145,000 | $155,000 | 6.9% | 0.1% |
| MJW Financial LLC | $155,000 | n/a | 0.1% | |
| NAVY FEDERAL CREDIT UNION | $795,000 | $155,000 | -80.5% | 0.1% |
| MOVEMENT MORTGAGE, LLC | $150,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $125,000 | $145,000 | 16.0% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $345,000 | $135,000 | -60.9% | 0.1% |
| LENDINGHOME FUNDING CORPORATION | $135,000 | n/a | 0.1% | |
| OMNI Community Credit Union | $135,000 | n/a | 0.1% | |
| TECH Credit Union | $85,000 | $135,000 | 58.8% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $375,000 | $125,000 | -66.7% | 0.1% |
| Security Federal Savings Bank | $530,000 | $125,000 | -76.4% | 0.1% |
| BETTER MORTGAGE CORPORATION | $115,000 | n/a | 0.1% | |
| MidFirst Bank | $95,000 | n/a | 0.1% | |
| UNITED MORTGAGE CORP | $95,000 | n/a | 0.1% | |
| First American Bank | $715,000 | $85,000 | -88.1% | 0.1% |
| Flagstar Bank, FSB | $625,000 | $85,000 | -86.4% | 0.1% |
| American Airlines Federal Credit Union | $75,000 | n/a | 0.0% | |
| Citizens Bank | $105,000 | $65,000 | -38.1% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $105,000 | $55,000 | -47.6% | 0.0% |
| SPRING EQ, LLC | $35,000 | n/a | 0.0% | |
| BMO Harris Bank | $400,000 | $25,000 | -93.8% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $25,000 | n/a | 0.0% |
Plymouth's top lender by overall market share is First Federal Savings Bank, with 14.9% market share. In second place, with 8.5%, is Lake City Bank, having originated $13,850,000 in loans. In third place, with 7.6%, is RUOFF MORTGAGE COMPANY, INC., having originated $12,350,000 in loans. In fourth place, with 7.5%, is 1st Source Bank, having originated $12,325,000 in loans. In fifth place, with 4.9%, is INTERRA CREDIT UNION, having originated $8,015,000 in loans.
Plymouth, IN Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 454 | $99,190,000 | $218,480 |
| Refi | 156 | $20,900,000 | $133,974 |
| Home Improvement | 146 | $9,210,000 | $63,082 |
| Cash Out Refi | 144 | $21,790,000 | $151,319 |
| Other | 142 | $12,220,000 | $86,056 |
Plymouth's most frequently cited loan purpose was Home Purchase, with 454 originations. The 2nd most popular reason was Refi, with 156 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 397 | $31,855,000 | $80,239 |
| 6-7% | 290 | $59,240,000 | $204,276 |
| 7-8% | 274 | $51,120,000 | $186,569 |
| 5-6% | 54 | $11,410,000 | $211,296 |
| <2.5% | 6 | $70,000 | $11,667 |
| 4-5% | 5 | $3,865,000 | $773,000 |
| 3-4% | 1 | $95,000 | $95,000 |
| 2.5-3% | 1 | $55,000 | $55,000 |
During 2024, Plymouth's most frequently originated rate bucket was Over 8%, with 397 originations.
Loan Sizing (Plymouth, IN MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 426 | $20,790,000 | $48,803 |
| $100k-200k | 340 | $49,660,000 | $146,059 |
| $200k-400k | 232 | $61,680,000 | $265,862 |
| $400k-600k | 33 | $15,195,000 | $460,455 |
| $600k-1000k | 6 | $4,500,000 | $750,000 |
| $Over $1MM | 5 | $11,485,000 | $2,297,000 |
Plymouth's loan sizing saw the bucket of loans from $100,000 or less with 426 originations, totaling $20,790,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 312 | $71,190,000 | $228,173 |
| Under 20% | 228 | $9,000,000 | $39,474 |
| 20-40% | 188 | $16,140,000 | $85,851 |
| 60-80% | 168 | $38,940,000 | $231,786 |
| 40-60% | 122 | $19,950,000 | $163,525 |
| Over 100% | 3 | $735,000 | $245,000 |
Plymouth's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 312 originations, totaling $71,190,000 in origination value.