TERRE HAUTE Mortgage Rates

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

30 Year Fixed Rate mortgages in Terre Haute averaged 3.68% for the week of 2021-11-24, compared to the national average of 3.1% for the same period.

The average rate for the prior week (2021-11-18) was 3.48% and one month ago for the week of 2021-10-21, the average rate was 3.27%.

Terre Haute's average rate one year ago was 3%.

For refis of the same type during the week of 2021-11-24, the average rate was 3.41%.

Loan Type Date Rate
US 30 Year Fixed Rate 2021-11-24 3.1%
Terre Haute 30 Year Fixed Rate 2021-11-24 3.68%
Terre Haute 30 Year Fixed Rate Refi 2021-11-24 3.41%
Terre Haute 15 Year Fixed Rate 2021-11-24 2.96%
Terre Haute 15 Year Fixed Rate Refi 2021-11-24 2.72%
Terre Haute 30 Year FHA 2021-11-24 3.68%
Terre Haute 30 Year FHA Refi 2021-11-24 3.6%
Terre Haute 30 Year USDA 2021-11-24 3.82%
Terre Haute 30 Year USDA Refi 2021-11-24 3.61%
Terre Haute 30 Year VA 2021-11-24 3.5%
Terre Haute 30 Year VA Refi 2021-11-24 3.04%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within TERRE HAUTE, IN.

TERRE HAUTE 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 TERRE HAUTE, 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 2020 Avg. 30yFix Rate 2020 Avg. Total Fees
RUOFF MORTGAGE COMPANY, INC. 378 3.36% $1,742
First Financial Bank, National Association 346 3.73% $2,536
QUICKEN LOANS, LLC 87 3.41% $4,446
Fifth Third Bank, National Association 79 3.68% $2,390
Old National Bank 75 3.65% $1,709
First Farmers Bank and Trust Company 74 3.49% $2,521
PRIMELENDING, A PLAINSCAPITAL COMPANY 26 3.52% $3,002
The Huntington National Bank 20 3.33% $2,254
ROYAL UNITED MORTGAGE LLC 17 3.43% $5,132
Wells Fargo Bank, National Association 17 3.82% $2,281
Farm Credit Mid-America, ACA 17 3.41% $5,484
JPMorgan Chase Bank, National Association 15 3.41% $2,350
GVC MORTGAGE, INC. 15 3.17% $3,085
CRANE 13 3.62% $1,464
Wolfe Financial, Inc 12 3.23% $2,418
Regions Bank 11 3.35% $1,453
First Mid Bank & Trust, National Association 11 3.33% $2,079
EVANSVILLE TEACHERS 10 3.04% $2,121
Elements Financial Federal Credit Union 8 3.39% $3,032
CALIBER HOME LOANS, INC. 7 3.27% $2,482
TEACHERS CREDIT UNION 7 3.59% $2,101
First Financial Bank 7 3.21% $2,618
CROSSCOUNTRY MORTGAGE, LLC 6 3.77% $4,294
LOANDEPOT.COM, LLC 6 3.66% $2,771
NAVY FEDERAL CREDIT UNION 6 4.00% $1,668
HALLMARK HOME MORTGAGE, LLC 6 3.17% $3,584
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 3.40% $3,080
USAA Federal Savings Bank 4 3.91% $2,210
FINANCE OF AMERICA MORTGAGE LLC 4 4.16% $3,963
PROVIDENT FUNDING ASSOCIATES, L.P. 4 3.16% $2,310
PNC Bank, National Association 3 3.29% $2,463
PURDUE FEDERAL CREDIT UNION 3 3.38% $1,989
German American Bank 3 3.42% $2,539
U.S. Bank National Association 3 3.25% $2,331
AMERISAVE MORTGAGE CORPORATION 3 3.04% $2,227
First Option Mortgage, LLC 3 2.79% $2,561
AMERICAN MORTGAGE SERVICE COMPANY 3 3.38% $2,561
FORUM Credit Union 3 3.33% $2,430
ROUNDPOINT MORTGAGE SERVICING CORPORATION 3 4.13% $1,814
Republic Bank & Trust Company 3 3.54% $2,202
Carrington Mortgage Services, LLC 3 3.63% $3,820
Triumph Bank 3 2.92% $2,133
Baxter Credit Union 3 3.54% $2,134
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3 3.63% $5,129
INDIANA UNIVERSITY CREDIT UNION 3 3.38% $1,840
FAIR WAY LENDING LLC 2 2.88% $3,260
Blue Ridge Bank, National Association 2 3.56% $2,446
BNC National Bank 2 2.88% $2,702
Centier Bank 2 3.25% $2,699
Discover Bank 2 6.87% $0
ACADEMY MORTGAGE CORPORATION 2 3.31% $2,588
FREEDOM MORTGAGE CORPORATION 2 3.31% $2,551
GUARANTEED RATE, INC. 2 3.43% $2,475
Marine Bank 2 2.75% $2,253
MJW Financial LLC 2 3.00% $2,602
MUTUAL OF OMAHA MORTGAGE, INC. 2 2.94% $2,175
Northpointe Bank 2 3.48% $3,107
Northwest Bank 2 3.19% $2,574
PENTAGON FEDERAL CREDIT UNION 2 2.69% $1,155
POLARIS HOME FUNDING CORP. 2 3.19% $3,316
RAPID MORTGAGE COMPANY 2 3.19% $4,406
UNITED WHOLESALE MORTGAGE, LLC 2 3.40% $4,102
UNIVERSITY LENDING GROUP, LLC 2 3.50% $2,244
Wyndham Capital Mortgage, Inc. 2 4.06% $6,091
MID AMERICA MORTGAGE, INC. 1 3.13% $8,999
Midland States Bank 1 3.25% $970
MILESTONE HOME LENDING, LLC 1 3.38% $6,318
TUCKER MORTGAGE, LLC 1 2.88% $2,282
MORTGAGE MASTERS OF INDIANA, INC. 1 3.50% $3,008
MOVEMENT MORTGAGE, LLC 1 3.63% $3,011
Union Savings Bank 1 3.25% $2,447
Nations Lending Corporation 1 4.50% $4,883
NATIONSTAR MORTGAGE LLC 1 3.75% $5,413
Heritage Federal Credit Union 1 3.38% $2,819
NEWREZ LLC 1 3.50% $2,602
WINTERWOOD MORTGAGE GROUP, LLC 1 3.75% $2,570
AMERIFIRST FINANCIAL CORPORATION 1 2.88% $3,045
GUARANTEED RATE AFFINITY, LLC 1 2.75% $2,779
PARSONS Federal Credit Union 1 3.25% $2,354
PENNYMAC LOAN SERVICES, LLC 1 3.38% $2,772
BROKER SOLUTIONS, INC. 1 3.38% $2,706
FRANKLIN MINT 1 3.38% $2,124
BETTER MORTGAGE CORPORATION 1 2.88% $1,438
PREMIA MORTGAGE, LLC 1 2.25% $3,871
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.25% $2,118
Flagstar Bank, FSB 1 3.25% $4,800
First Federal Savings Bank 1 4.25% $2,285
First Federal Bank of Kansas City 1 2.88% $1,747
FIRST CENTENNIAL MORTGAGE CORPORATION 1 2.63% $2,405
Bank of England 1 3.38% $3,926
Red River Bank 1 3.38% $2,272
ENDEAVOR CAPITAL, LLC. 1 3.00% $6,273
RELIANCE FIRST CAPITAL, LLC 1 2.50% $871
EMM LOANS LLC 1 2.88% $7,408
EMBRACE HOME LOANS, INC. 1 2.88% $4,859
Credit Union 1 1 2.63% $3,798
Colonial Savings, F.A. 1 3.13% $0
Somerville Bank 1 3.00% $1,890
STEARNS LENDING, LLC 1 3.88% $2,352
Stifel Bank and Trust 1 3.25% $2,244
TCF National Bank 1 3.13% $2,685
Citibank, National Association 1 2.75% $4,058
The Federal Savings Bank 1 3.00% $5,466
CHURCHILL MORTGAGE CORPORATION 1 3.25% $2,634
The Richwood Banking Company 1 2.75% $2,631
TOGETHER CREDIT UNION 1 3.00% $2,291
INLAND BANK & TRUST 1 2.88% $2,572
INDIANA MEMBERS CREDIT UNION 1 3.38% $1,770
LAKE MICHIGAN CREDIT UNION 1 4.00% $2,102
LAKE MORTGAGE COMPANY INC 1 3.13% $2,771
LEADERONE FINANCIAL CORPORATION 1 3.88% $2,653
Level One Bank 1 3.13% $2,385
Horizon Bank 1 3.25% $1,654
LOANPAL, LLC 1 2.99% $4,789
Main Street Bank 1 2.75% $2,264
CELEBRITY HOME LOANS, LLC 1 3.25% $2,465
MEMBER FIRST MORTGAGE, LLC 1 3.00% $3,734

TERRE HAUTE, IN's 117 lenders originated 5,484 loans during 2020. The total origination value was $760,250,000, with an average loan value of $138,631.

The top TERRE HAUTE lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with 378 loans originated. Their average total fees are $1,742, which is $794 lower than the next largest lender, First Financial Bank, National Association.

The lowest fee TERRE HAUTE lenders (with over 10 loans originated) are Regions Bank ($1,453), CRANE ($1,464), Old National Bank ($1,709), RUOFF MORTGAGE COMPANY, INC. ($1,742) and First Mid Bank & Trust, National Association ($2,079).

The lowest rate TERRE HAUTE lenders (with over 10 loans originated) are EVANSVILLE TEACHERS (3.04%), GVC MORTGAGE, INC. (3.17%), Wolfe Financial, Inc (3.23%), The Huntington National Bank (3.33%) and First Mid Bank & Trust, National Association (3.33%).

TERRE HAUTE, 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 2019 Loan Value 2020 Loan Value % Change 2020 Market Share
Ruoff Home Mortgage $75,280,000 $118,350,000 57.2% 15.6%
First Financial Bank National Association $67,270,000 $114,400,000 70.1% 15.0%
The Riddell National Bank $29,505,000 $88,230,000 199.0% 11.6%
Terre Haute Savings Bank $26,070,000 $57,605,000 121.0% 7.6%
Old National Bank $27,045,000 $50,795,000 87.8% 6.7%
Quicken Loans $22,470,000 $42,475,000 89.0% 5.6%
Fifth Third Bank $25,850,000 $26,705,000 3.3% 3.5%
Freedom Mortgage Corporation $4,550,000 $21,205,000 366.0% 2.8%
First Farmers Bank & Trust $6,780,000 $16,475,000 143.0% 2.2%
Prospect Bank $6,045,000 $14,335,000 137.1% 1.9%
Mortgage Research Center LLC $7,885,000 $10,930,000 38.6% 1.4%
Caliber Home Loans Inc $4,985,000 $8,075,000 62.0% 1.1%
The Fountain Trust Company $5,020,000 $7,315,000 45.7% 1.0%
PRIMELENDING $3,825,000 $7,310,000 91.1% 1.0%
Farm Credit Mid-America $6,555,000 $6,550,000 -0.1% 0.9%
GVC Mortgage Inc. $930,000 $5,695,000 512.4% 0.7%
Huntington National Bank $1,025,000 $5,440,000 430.7% 0.7%
Capital One, NA $5,235,000 n/a 0.7%
WELLS FARGO BANK NA $4,610,000 $5,075,000 10.1% 0.7%
Wolfe Financial Inc. DBA Integrity Mortgage Group $3,435,000 $5,060,000 47.3% 0.7%
Evansville Teachers Federal Credit Union $1,905,000 $4,440,000 133.1% 0.6%
First Mid Bank & Trust, NA $2,540,000 $4,320,000 70.1% 0.6%
Royal United Mortgage LLC $2,550,000 $4,245,000 66.5% 0.6%
REGIONS BANK $2,720,000 $3,980,000 46.3% 0.5%
USAA FEDERAL SAVINGS BANK $5,820,000 $3,965,000 -31.9% 0.5%
CRANE CREDIT UNION $2,000,000 $3,945,000 97.3% 0.5%
Nationstar Mortgage $1,900,000 $3,945,000 107.6% 0.5%
JPMorgan Chase Bank, NA $2,255,000 $3,655,000 62.1% 0.5%
loanDepot LLC $4,860,000 $3,490,000 -28.2% 0.5%
Elements Financial Federal Credit Union $1,145,000 $2,780,000 142.8% 0.4%
CARRINGTON MORTGAGE SERVICES $1,150,000 $2,695,000 134.3% 0.4%
NAVY FEDERAL CREDIT UNION $1,875,000 $2,600,000 38.7% 0.3%
NewDay Financial LLC dba NewDay USA $1,130,000 $2,525,000 123.5% 0.3%
Catlin Bank $460,000 $2,515,000 446.7% 0.3%
Teachers Credit Union $445,000 $2,430,000 446.1% 0.3%
FAIRWAY INDEPENDENT MORT CORP $1,450,000 $2,380,000 64.1% 0.3%
PENNYMAC LOAN SERVICES LLC $1,490,000 $2,100,000 40.9% 0.3%
First Financial Bank $1,800,000 $2,035,000 13.1% 0.3%
AmeriFirst Home Mortgage $1,645,000 $1,810,000 10.0% 0.2%
Hallmark Home Mortgage LLC $1,070,000 $1,755,000 64.0% 0.2%
Lakeview Loan Servicing, LLC $1,730,000 n/a 0.2%
US BANK, N.A. $745,000 $1,730,000 132.2% 0.2%
The Federal Savings Bank $250,000 $1,645,000 558.0% 0.2%
Amerisave Mortgage Corporation $920,000 $1,640,000 78.3% 0.2%
NEWREZ LLC $1,140,000 $1,590,000 39.5% 0.2%
The North Salem State Bank $1,135,000 $1,475,000 30.0% 0.2%
New American Funding (dba for Broker Solutions Inc) $1,230,000 $1,425,000 15.9% 0.2%
Clearpath Lending $405,000 $1,420,000 250.6% 0.2%
Owen County State Bank $675,000 $1,415,000 109.6% 0.2%
Finance of America Mortgage LLC $620,000 $1,405,000 126.6% 0.2%
Purdue Federal Credit Union $500,000 $1,380,000 176.0% 0.2%
United Shore Financial Services LLC $1,900,000 $1,370,000 -27.9% 0.2%
Churchill Mortgage Corporation $85,000 $1,290,000 1,417.6% 0.2%
Barrington Bank & Trust $1,785,000 $1,270,000 -28.9% 0.2%
American Community Bank of Indiana $770,000 $1,170,000 51.9% 0.2%
Village Capital & Investment $525,000 $1,120,000 113.3% 0.1%
First Guaranty Mortgage Corporation $530,000 $1,110,000 109.4% 0.1%
Northwest Bank $1,110,000 n/a 0.1%
Provident Funding Associates $1,330,000 $1,075,000 -19.2% 0.1%
BNC NATIONAL BANK $1,055,000 n/a 0.1%
Primary Residential Mortgage Inc. $210,000 $1,045,000 397.6% 0.1%
First Federal Bank of Kansas City $710,000 $990,000 39.4% 0.1%
Republic Bank & Trust Company $895,000 n/a 0.1%
Low VA Rates $910,000 $885,000 -2.7% 0.1%
HomeBridge Financial Services, Inc. $1,490,000 $850,000 -43.0% 0.1%
HOOSIER HEARTLAND STATE BANK $815,000 n/a 0.1%
Northpointe Bank $810,000 n/a 0.1%
Union Savings Bank $165,000 $800,000 384.8% 0.1%
Mortgage Masters of Indiana Inc. $200,000 $795,000 297.5% 0.1%
American Mortgage Service Company $1,860,000 $785,000 -57.8% 0.1%
Synergy One Lending $270,000 $760,000 181.5% 0.1%
Home Point Financial Corporation $335,000 $755,000 125.4% 0.1%
Stifel Bank and Trust $755,000 n/a 0.1%
Home Bank SB $750,000 n/a 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC $170,000 $750,000 341.2% 0.1%
Forum Credit Union $805,000 $735,000 -8.7% 0.1%
PNC BANK NA $1,490,000 $720,000 -51.7% 0.1%
Indiana Members Credit Union $715,000 n/a 0.1%
IU Credit Union $490,000 $715,000 45.9% 0.1%
Iroquois Federal Savings and Loan Association $95,000 $710,000 647.4% 0.1%
NBKC Bank $710,000 n/a 0.1%
Fair Way Lending $65,000 $640,000 884.6% 0.1%
Triumph Bank $275,000 $585,000 112.7% 0.1%
Jackson County Bank $580,000 n/a 0.1%
Cardinal Financial Company LP $160,000 $575,000 259.4% 0.1%
Better Mortgage Corporation $530,000 n/a 0.1%
German American Bank $890,000 $530,000 -40.4% 0.1%
Blue Ridge Bank, NA $520,000 n/a 0.1%
First Option Mortgage LLC $120,000 $520,000 333.3% 0.1%
Sovereign Lending Group, Inc $520,000 n/a 0.1%
Guaranteed Rate Inc. $600,000 $515,000 -14.2% 0.1%
Pentagon Federal Credit Union $510,000 n/a 0.1%
First National Bank $65,000 $495,000 661.5% 0.1%
WEI Mortgage LLC $490,000 n/a 0.1%
Centier Bank $75,000 $485,000 546.7% 0.1%
Academy Mortgage Corporation $470,000 n/a 0.1%
Mid America Mortgage Inc. $265,000 $460,000 73.6% 0.1%
Oceanside Mortgage Company $480,000 $460,000 -4.2% 0.1%
Premia Mortgage, LLC $115,000 $460,000 300.0% 0.1%
Embrace Home Loans, Inc. $555,000 $440,000 -20.7% 0.1%
BMO Harris Bank N.A. $730,000 $430,000 -41.1% 0.1%
Intercontinental Capital Group, Inc. $400,000 n/a 0.1%
Baxter Credit Union $500,000 $395,000 -21.0% 0.1%
The Poples State Bank $95,000 $395,000 315.8% 0.1%
Ark-La-Tex Financial Services LLC $400,000 $390,000 -2.5% 0.1%
Paramount Residential Mortgage Group Inc. $225,000 $380,000 68.9% 0.0%
Sun West Mortgage Company Inc. $375,000 n/a 0.0%
University Lending Group LLC $370,000 $370,000 0.0% 0.0%
CMG Mortgage Inc. $105,000 $360,000 242.9% 0.0%
21ST MORTGAGE $285,000 $355,000 24.6% 0.0%
DEVON BANK $355,000 n/a 0.0%
MILESTONE HOME LENDING, LLC $270,000 $350,000 29.6% 0.0%
Wyndham Capital Mortgage $340,000 n/a 0.0%
TCF National Bank $325,000 n/a 0.0%
American Financing Corporation $320,000 n/a 0.0%
POLARIS HOME FUNDING CORP $290,000 $320,000 10.3% 0.0%
Rapid Mortgage Company $315,000 n/a 0.0%
AmeriHomeMortgageCompany,LL $290,000 $310,000 6.9% 0.0%
Farmers & Merchants Bank $310,000 n/a 0.0%
Marine Bank $310,000 n/a 0.0%
Magnolia Bank Incorporated $330,000 $305,000 -7.6% 0.0%
Union Home Mortgage Company $335,000 $300,000 -10.4% 0.0%
WINTERWOOD MORTGAGE GROUP, LLC $310,000 $300,000 -3.2% 0.0%
North American Savings Bank $295,000 n/a 0.0%
Eustis Mortgage Corporation $140,000 $290,000 107.1% 0.0%
1ST SOURCE BANK $285,000 n/a 0.0%
Credit Union 1 $590,000 $285,000 -51.7% 0.0%
Planet Home Lending LLC $155,000 $285,000 83.9% 0.0%
RENASANT BANK $255,000 $285,000 11.8% 0.0%
Stock Yards Bank and Trust Co $285,000 n/a 0.0%
CITIZENS BANK $260,000 $280,000 7.7% 0.0%
The Citizens National Bank of Bluffton $285,000 $275,000 -3.5% 0.0%
TIAA, FSB $390,000 $275,000 -29.5% 0.0%
Toyota Financial Savings Bank $275,000 n/a 0.0%
Tucker Mortgage, LLC $270,000 n/a 0.0%
AAG $135,000 $265,000 96.3% 0.0%
Citibank, N.A. $100,000 $265,000 165.0% 0.0%
Lake Michigan Credit Union $265,000 n/a 0.0%
LoanPal $390,000 $260,000 -33.3% 0.0%
Guaranteed Rate Affinity LLC $255,000 n/a 0.0%
Midland States Bank $255,000 n/a 0.0%
Discover Bank $80,000 $245,000 206.3% 0.0%
DAS Acquisition Company, LLC $235,000 n/a 0.0%
Notre Dame Federal Credit Union $235,000 n/a 0.0%
MAIN $65,000 $225,000 246.2% 0.0%
The Richwood Banking Company $225,000 n/a 0.0%
The Union Bank Company $225,000 n/a 0.0%
US Mortgage of Florida $225,000 n/a 0.0%
Bank of England $390,000 $220,000 -43.6% 0.0%
Highlands Residential Mortgage Ltd $215,000 n/a 0.0%
E Mortgage Management LLC $195,000 $205,000 5.1% 0.0%
First Midwest Bank $115,000 $205,000 78.3% 0.0%
Midwest Equity Mortgage LLC $205,000 n/a 0.0%
LeaderOne Financial Corp. $200,000 n/a 0.0%
Nations Lending Corporation $155,000 $200,000 29.0% 0.0%
American Financial Resources Inc. $95,000 $195,000 105.3% 0.0%
Endeavor Capital Mortgage LLC $250,000 $195,000 -22.0% 0.0%
Towne Mortgage Company $195,000 n/a 0.0%
Member First Mortgage LLC $65,000 $185,000 184.6% 0.0%
Parsons Federal Credit Union $185,000 n/a 0.0%
Centra Credit Union $175,000 n/a 0.0%
Midland Mortgage Corporation of SC $175,000 n/a 0.0%
Flagstar Bank $755,000 $170,000 -77.5% 0.0%
Plains Commerce Bank $165,000 n/a 0.0%
Vibrant Credit Union $190,000 $165,000 -13.2% 0.0%
Anheuser Busch Employees Credit Union $155,000 n/a 0.0%
Guaranty Trust Company $430,000 $155,000 -64.0% 0.0%
Level One Bank $155,000 n/a 0.0%
Plaza Home Mortgage Inc. $155,000 n/a 0.0%
American Financial Network Inc. $145,000 n/a 0.0%
First Centennial Mortgage Corp. $145,000 n/a 0.0%
Main Street Bank $145,000 n/a 0.0%
Reliance First Capital LLC $200,000 $145,000 -27.5% 0.0%
Bank of America NA $135,000 $140,000 3.7% 0.0%
Flat Branch Mortgage Inc. $140,000 n/a 0.0%
Colonial Savings $695,000 $135,000 -80.6% 0.0%
Mortgage Lenders of America LLC $220,000 $135,000 -38.6% 0.0%
Northwest Federal Credit Union $135,000 n/a 0.0%
Supreme Lending/ Everett Financial Inc. $135,000 n/a 0.0%
State Farm Bank $490,000 $130,000 -73.5% 0.0%
Colten Mortgage $125,000 n/a 0.0%
Geneva Financial LLC $125,000 n/a 0.0%
Mortgage Services III LLC $125,000 n/a 0.0%
Alliant Credit Union $115,000 n/a 0.0%
Fay Servicing LLC $115,000 n/a 0.0%
Red River Bank $115,000 n/a 0.0%
SoFi Lending Corp $265,000 $115,000 -56.6% 0.0%
HORIZON BANK $260,000 $110,000 -57.7% 0.0%
Servion, Inc. $105,000 $105,000 0.0% 0.0%
Somerville Bank $105,000 n/a 0.0%
Success Mortgage Partners Inc. $105,000 n/a 0.0%
First Federal Savings Bank $155,000 $95,000 -38.7% 0.0%
Franklin Mint Federal Credit Union $95,000 n/a 0.0%
CityWorth Mortgage $85,000 n/a 0.0%
Guild Mortgage Company $85,000 n/a 0.0%
MidWest America Federal Credit Union $85,000 n/a 0.0%
M&T Bank $85,000 $85,000 0.0% 0.0%
PHH MORTGAGE CORPORATION $85,000 n/a 0.0%
Stearns Lending $85,000 n/a 0.0%
Crescent Mortgage Company $435,000 $75,000 -82.8% 0.0%
FIRST NATIONAL BANK OF AMERICA $240,000 $75,000 -68.8% 0.0%
Home Loan Investment Bank $65,000 $75,000 15.4% 0.0%
MOVEMENT MORTGAGE, LLC $125,000 $75,000 -40.0% 0.0%
T2 Financial LLC $75,000 n/a 0.0%
Wright-Patt Credit Union Inc $75,000 n/a 0.0%
Financial Center First Credit Union $75,000 $70,000 -6.7% 0.0%
KeyBank National Association $645,000 $70,000 -89.1% 0.0%
CIBM Bank $380,000 $65,000 -82.9% 0.0%
First Federal Savings Bank $155,000 $65,000 -58.1% 0.0%
United Federal Credit Union $60,000 n/a 0.0%
Farmers and Mechanics $55,000 n/a 0.0%
First Home Bank $55,000 n/a 0.0%
FIRST MERCHANTS BANK $610,000 $55,000 -91.0% 0.0%
Inland Bank and Trust $55,000 n/a 0.0%
LAKE MORTGAGE COMPANY, INC. $55,000 $55,000 0.0% 0.0%
Nations Direct Mortgage LLC $55,000 n/a 0.0%
Open Mortgage LLC $55,000 n/a 0.0%
MutualBank $525,000 $50,000 -90.5% 0.0%
SPRING EQ, LLC $50,000 n/a 0.0%
FCN BANK, NATIONAL ASSOCIATION $35,000 n/a 0.0%
Our Community Bank $165,000 $35,000 -78.8% 0.0%
Clearview Federal Credit Union $25,000 n/a 0.0%
Altra Federal Credit Union $15,000 n/a 0.0%
Triad Financial Services Inc $15,000 n/a 0.0%

TERRE HAUTE's top lender by overall market share is Ruoff Home Mortgage, with 15.6% market share. In second place, with 15.0%, is First Financial Bank National Association, having originated $114,400,000 in loans. In third place, with 11.6%, is The Riddell National Bank, having originated $88,230,000 in loans. In third place, with 7.6%, is Terre Haute Savings Bank, having originated $57,605,000 in loans. In third place, with 6.7%, is Old National Bank, having originated $50,795,000 in loans.


TERRE HAUTE, IN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,258 $310,530,000 $137,524
Refi 1,953 $292,495,000 $149,767
Cash Out Refi 904 $127,180,000 $140,686
Home Improvement 207 $18,735,000 $90,507
Other 162 $11,310,000 $69,815

Terre Haute's most frequently cited loan purpose was Home Purchase, with 2,258 originations. The 2nd most popular reason was Refi, with 1,953 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 2,373 $315,435,000 $132,927
2.5-3% 995 $151,765,000 $152,528
4-5% 565 $58,005,000 $102,664
<2.5% 260 $40,250,000 $154,808
5-6% 108 $8,360,000 $77,407
6-7% 27 $995,000 $36,852
Over 8% 13 $655,000 $50,385
7-8% 7 $335,000 $47,857

During 2020, Terre Haute's most frequently originated rate bucket was 3-4%, with 2,373 originations.

Loan Sizing (TERRE HAUTE, IN MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 2,335 $144,995,000 $62,096
$100k-200k 2,168 $307,340,000 $141,762
$200k-400k 894 $232,380,000 $259,933
$400k-600k 67 $30,495,000 $455,149
$600k-1000k 10 $6,820,000 $682,000
$Over $1MM 10 $38,220,000 $3,822,000

TERRE HAUTE's loan sizing saw the bucket of loans from $100,000 or less with 2,335 originations, totaling $144,995,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 2,043 $283,875,000 $138,950
60-80% 1,234 $192,770,000 $156,216
40-60% 414 $42,160,000 $101,836
20-40% 248 $15,450,000 $62,298
Under 20% 134 $3,260,000 $24,328
Over 100% 61 $11,615,000 $190,410

TERRE HAUTE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,043 originations, totaling $283,875,000 in origination value.