Warsaw Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Warsaw averaged
6.69%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
6.72% and
one month ago for the week of 2023-02-09, the
average rate was 6.21%.
Warsaw's average rate one year ago was 3.84%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.95%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
| Warsaw 30 Year Fixed Rate | 2023-03-16 | 6.69% |
| Warsaw 30 Year Fixed Rate Refi | 2023-03-16 | 6.95% |
| Warsaw 15 Year Fixed Rate | 2023-03-16 | 7.17% |
| Warsaw 15 Year Fixed Rate Refi | 2023-03-16 | 6.3% |
| Warsaw 30 Year FHA | 2023-03-16 | 6.81% |
| Warsaw 30 Year FHA Refi | 2023-03-16 | 6.59% |
| Warsaw 30 Year USDA | 2023-03-16 | 6.94% |
| Warsaw 30 Year USDA Refi | 2023-03-16 | 6.62% |
| Warsaw 30 Year VA | 2023-03-16 | 6.48% |
| Warsaw 30 Year VA Refi | 2023-03-16 | 6.07% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Warsaw, IN.
Warsaw 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 Warsaw, 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.).
Warsaw Average Closing Costs & Other Stats
Warsaw, IN's 156 lenders originated 4,367
loans during 2021. The total origination value was $1,037,655,000, with an average loan value of
$237,613.
Warsaw's average closing costs are $3,291.
The top Warsaw lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with
312 loans originated. Their average total fees are
$2,286, which is $1,556
lower than the next largest lender,
First Federal Savings Bank.
The lowest fee Warsaw lenders (with over 10 loans originated) are
Union Savings Bank ($478), Crossroads Bank ($1,879), BETTER MORTGAGE CORPORATION ($2,130), BEACON CREDIT UNION ($2,135) and RUOFF MORTGAGE COMPANY, INC. ($2,286).
The lowest rate Warsaw lenders (with over 10 loans originated) are
First Merchants Bank (2.88%), BEACON CREDIT UNION (2.92%), Union Savings Bank (2.98%), AMERICAN MORTGAGE SERVICE COMPANY (2.98%) and LOANDEPOT.COM, LLC (2.98%).
Warsaw, 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 |
|---|---|---|---|---|
| Three Rivers Federal Credit Union | $6,780,000 | $219,340,000 | 3,135.1% | 21.1% |
| RUOFF MORTGAGE COMPANY, INC. | $91,120,000 | $103,700,000 | 13.8% | 10.0% |
| First Federal Savings Bank | $9,310,000 | $84,280,000 | 805.3% | 8.1% |
| Lake City Bank | $84,015,000 | $71,300,000 | -15.1% | 6.9% |
| QUICKEN LOANS, LLC | $33,245,000 | $33,555,000 | 0.9% | 3.2% |
| 1st Source Bank | $29,000,000 | $28,965,000 | -0.1% | 2.8% |
| Northwest Bank | $29,030,000 | $25,000,000 | -13.9% | 2.4% |
| Crossroads Bank | $34,335,000 | $20,195,000 | -41.2% | 1.9% |
| UNITED WHOLESALE MORTGAGE, LLC | $9,310,000 | $18,930,000 | 103.3% | 1.8% |
| TEACHERS CREDIT UNION | $15,580,000 | $18,810,000 | 20.7% | 1.8% |
| INTERRA CREDIT UNION | $17,025,000 | $18,755,000 | 10.2% | 1.8% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $12,590,000 | $17,215,000 | 36.7% | 1.7% |
| PNC Bank | $13,535,000 | $15,705,000 | 16.0% | 1.5% |
| First Federal Savings Bank | $9,310,000 | $15,050,000 | 61.7% | 1.5% |
| KeyBank | $9,620,000 | $13,450,000 | 39.8% | 1.3% |
| JPMorgan Chase Bank | $15,495,000 | $12,990,000 | -16.2% | 1.3% |
| FREEDOM MORTGAGE CORPORATION | $9,615,000 | $11,735,000 | 22.0% | 1.1% |
| LOANDEPOT.COM, LLC | $3,215,000 | $10,410,000 | 223.8% | 1.0% |
| AMERICAN MORTGAGE SERVICE COMPANY | $11,675,000 | $9,655,000 | -17.3% | 0.9% |
| CALIBER HOME LOANS, INC. | $8,570,000 | $9,650,000 | 12.6% | 0.9% |
| Horizon Bank | $19,505,000 | $9,505,000 | -51.3% | 0.9% |
| CELEBRITY HOME LOANS, LLC | $4,625,000 | $9,025,000 | 95.1% | 0.9% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,625,000 | $7,890,000 | 385.5% | 0.8% |
| Wells Fargo Bank | $3,360,000 | $7,670,000 | 128.3% | 0.7% |
| Old National Bank | $11,685,000 | $7,660,000 | -34.4% | 0.7% |
| HALLMARK HOME MORTGAGE, LLC | $7,260,000 | $7,295,000 | 0.5% | 0.7% |
| BEACON CREDIT UNION | $8,235,000 | $6,730,000 | -18.3% | 0.6% |
| GUARANTEED RATE, INC. | $3,065,000 | $6,665,000 | 117.5% | 0.6% |
| First Merchants Bank | $10,330,000 | $6,300,000 | -39.0% | 0.6% |
| MID AMERICA MORTGAGE, INC. | $535,000 | $6,215,000 | 1,061.7% | 0.6% |
| UNION HOME MORTGAGE CORP. | $12,250,000 | $5,990,000 | -51.1% | 0.6% |
| The Huntington National Bank | $2,375,000 | $5,935,000 | 149.9% | 0.6% |
| BROKER SOLUTIONS, INC. | $605,000 | $5,300,000 | 776.0% | 0.5% |
| BETTER MORTGAGE CORPORATION | $1,150,000 | $5,290,000 | 360.0% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $2,760,000 | $5,160,000 | 87.0% | 0.5% |
| Marquette Bank | $5,005,000 | n/a | 0.5% | |
| Union Savings Bank | $4,230,000 | $4,250,000 | 0.5% | 0.4% |
| Farm Credit Mid-America, ACA | $4,830,000 | $3,980,000 | -17.6% | 0.4% |
| First Federal Bank of the Midwest | $2,195,000 | $3,895,000 | 77.4% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $3,180,000 | $3,780,000 | 18.9% | 0.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,085,000 | $3,775,000 | 247.9% | 0.4% |
| Mortgage Research Center, LLC | $2,805,000 | $3,765,000 | 34.2% | 0.4% |
| Bank of America | $2,450,000 | $3,735,000 | 52.4% | 0.4% |
| Fifth Third Bank | $5,480,000 | $3,720,000 | -32.1% | 0.4% |
| Flagstar Bank, FSB | $3,310,000 | $3,655,000 | 10.4% | 0.4% |
| First State Bank of Middlebury | $4,295,000 | $3,550,000 | -17.3% | 0.3% |
| STAR Financial Bank | $5,055,000 | $3,520,000 | -30.4% | 0.3% |
| GVC MORTGAGE, INC. | $1,800,000 | $3,345,000 | 85.8% | 0.3% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $780,000 | $3,280,000 | 320.5% | 0.3% |
| PENNYMAC LOAN SERVICES, LLC | $605,000 | $3,235,000 | 434.7% | 0.3% |
| NEWREZ LLC | $1,325,000 | $3,200,000 | 141.5% | 0.3% |
| The Campbell & Fetter Bank | $3,040,000 | $3,035,000 | -0.2% | 0.3% |
| U.S. Bank | $1,265,000 | $3,035,000 | 139.9% | 0.3% |
| First Guaranty Mortgage Corporation | $875,000 | $2,890,000 | 230.3% | 0.3% |
| NAVY FEDERAL CREDIT UNION | $1,330,000 | $2,835,000 | 113.2% | 0.3% |
| COMPASS MORTGAGE, INC. | $1,895,000 | $2,525,000 | 33.2% | 0.2% |
| Centier Bank | $3,995,000 | $2,410,000 | -39.7% | 0.2% |
| Elements Financial Federal Credit Union | $780,000 | $2,410,000 | 209.0% | 0.2% |
| Merchants Bank of Indiana | $3,100,000 | $2,320,000 | -25.2% | 0.2% |
| First Farmers Bank and Trust Company | $2,930,000 | $2,260,000 | -22.9% | 0.2% |
| First Financial Bank | $460,000 | $2,160,000 | 369.6% | 0.2% |
| ProFed Federal Credit Union | $3,285,000 | $2,160,000 | -34.2% | 0.2% |
| InterContinental Capital Group, Inc | $1,290,000 | $2,115,000 | 64.0% | 0.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $940,000 | $2,040,000 | 117.0% | 0.2% |
| Stifel Bank and Trust | $1,615,000 | $2,005,000 | 24.1% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $1,845,000 | n/a | 0.2% | |
| POLARIS HOME FUNDING CORP. | $3,505,000 | $1,820,000 | -48.1% | 0.2% |
| MIDWEST AMERICA | $930,000 | $1,800,000 | 93.5% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $95,000 | $1,760,000 | 1,752.6% | 0.2% |
| HOME POINT FINANCIAL CORPORATION | $1,240,000 | $1,670,000 | 34.7% | 0.2% |
| BNY Mellon | $2,610,000 | $1,655,000 | -36.6% | 0.2% |
| The National Bank of Indianapolis | $475,000 | $1,600,000 | 236.8% | 0.2% |
| AMERICAN FINANCING CORPORATION | $1,270,000 | $1,555,000 | 22.4% | 0.1% |
| V.I.P. MORTGAGE, INC. | $1,870,000 | $1,490,000 | -20.3% | 0.1% |
| Farmers State Bank | $1,445,000 | n/a | 0.1% | |
| Northpointe Bank | $2,445,000 | $1,445,000 | -40.9% | 0.1% |
| USAA Federal Savings Bank | $185,000 | $1,430,000 | 673.0% | 0.1% |
| Notre Dame Federal Credit Union Corporation | $2,725,000 | $1,420,000 | -47.9% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,955,000 | $1,360,000 | -30.4% | 0.1% |
| FORUM Credit Union | $1,515,000 | $1,345,000 | -11.2% | 0.1% |
| VILLAGE CAPITAL & INVESTMENT LLC | $640,000 | $1,330,000 | 107.8% | 0.1% |
| American Community Bank of Indiana | $355,000 | $1,320,000 | 271.8% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $255,000 | $1,310,000 | 413.7% | 0.1% |
| 21ST MORTGAGE CORPORATION | $690,000 | $1,285,000 | 86.2% | 0.1% |
| DRAPER AND KRAMER MORTGAGE CORP. | $480,000 | $1,235,000 | 157.3% | 0.1% |
| VAN DYK MORTGAGE CORPORATION | $1,515,000 | $1,215,000 | -19.8% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $2,045,000 | $1,155,000 | -43.5% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $1,155,000 | $1,105,000 | -4.3% | 0.1% |
| Ottawa Savings Bank | $1,055,000 | n/a | 0.1% | |
| The Fountain Trust Company | $1,055,000 | n/a | 0.1% | |
| Ally Bank | $1,035,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,925,000 | $1,000,000 | -48.1% | 0.1% |
| Carrington Mortgage Services, LLC | $2,525,000 | $990,000 | -60.8% | 0.1% |
| PARTNERS 1ST Federal Credit Union | $575,000 | $980,000 | 70.4% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $835,000 | $970,000 | 16.2% | 0.1% |
| MICHIGAN MUTUAL, INC. | $1,010,000 | $955,000 | -5.4% | 0.1% |
| The Federal Savings Bank | $185,000 | $910,000 | 391.9% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $4,450,000 | $895,000 | -79.9% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $415,000 | $850,000 | 104.8% | 0.1% |
| AmeriHome Mortgage Company, LLC | $770,000 | $840,000 | 9.1% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $1,450,000 | $825,000 | -43.1% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $730,000 | $805,000 | 10.3% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $430,000 | $800,000 | 86.0% | 0.1% |
| NEW DAY FINANCIAL, LLC | $580,000 | $775,000 | 33.6% | 0.1% |
| CIBC Bank USA | $755,000 | n/a | 0.1% | |
| FIRST CHOICE MH LLC | $870,000 | $745,000 | -14.4% | 0.1% |
| Peoples Bank | $305,000 | $740,000 | 142.6% | 0.1% |
| Community First Bank of Indiana | $245,000 | $700,000 | 185.7% | 0.1% |
| Mortgage Assurance Inc. | $665,000 | $685,000 | 3.0% | 0.1% |
| NBKC BANK | $1,200,000 | $680,000 | -43.3% | 0.1% |
| Blue Ridge Bank | $235,000 | $665,000 | 183.0% | 0.1% |
| City Bank | $665,000 | n/a | 0.1% | |
| Paramount Residential Mortgage Group, Inc. | $630,000 | n/a | 0.1% | |
| Liberty Savings Bank, F.S.B. | $590,000 | $590,000 | 0.0% | 0.1% |
| First Internet Bank of Indiana | $580,000 | n/a | 0.1% | |
| KELLER MORTGAGE, LLC | $315,000 | $580,000 | 84.1% | 0.1% |
| Loan Simple, Inc. | $570,000 | n/a | 0.1% | |
| FirstBank | $560,000 | n/a | 0.1% | |
| Morgan Stanley Private Bank | $1,775,000 | $555,000 | -68.7% | 0.1% |
| AMERIFIRST FINANCIAL CORPORATION | $845,000 | $545,000 | -35.5% | 0.1% |
| The Farmers Bank, Frankfort, Indiana | $940,000 | $545,000 | -42.0% | 0.1% |
| OCEANSIDE MORTGAGE COMPANY | $1,330,000 | $540,000 | -59.4% | 0.1% |
| The Farmers & Merchants State Bank | $600,000 | $525,000 | -12.5% | 0.1% |
| SUCCESS MORTGAGE PARTNERS, INC. | $165,000 | $505,000 | 206.1% | 0.0% |
| ZILLOW HOME LOANS, LLC | $245,000 | $490,000 | 100.0% | 0.0% |
| The Garrett State Bank | $485,000 | n/a | 0.0% | |
| First Midwest Bank | $235,000 | $455,000 | 93.6% | 0.0% |
| Nations Lending Corporation | $315,000 | $455,000 | 44.4% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $440,000 | n/a | 0.0% | |
| MEMBER FIRST MORTGAGE, LLC | $765,000 | $430,000 | -43.8% | 0.0% |
| MJW Financial LLC | $1,260,000 | $430,000 | -65.9% | 0.0% |
| BM Real Estate Services, Inc. | $420,000 | n/a | 0.0% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $245,000 | $420,000 | 71.4% | 0.0% |
| INDIANA MEMBERS CREDIT UNION | $700,000 | $410,000 | -41.4% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $370,000 | $400,000 | 8.1% | 0.0% |
| Citizens Bank | $370,000 | $400,000 | 8.1% | 0.0% |
| Fidelity Bank | $135,000 | $395,000 | 192.6% | 0.0% |
| Neighborhood Loans, Inc. | $385,000 | n/a | 0.0% | |
| LEADERONE FINANCIAL CORPORATION | $740,000 | $370,000 | -50.0% | 0.0% |
| Magnolia Bank | $195,000 | $365,000 | 87.2% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $935,000 | $360,000 | -61.5% | 0.0% |
| THRIVE MORTGAGE, LLC | $355,000 | n/a | 0.0% | |
| Wolfe Financial, Inc | $355,000 | n/a | 0.0% | |
| Manufacturers and Traders Trust Company | $345,000 | n/a | 0.0% | |
| First Bank Richmond | $335,000 | n/a | 0.0% | |
| Raymond James Bank | $955,000 | $335,000 | -64.9% | 0.0% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $1,080,000 | $325,000 | -69.9% | 0.0% |
| RBC Bank, (Georgia) | $455,000 | $325,000 | -28.6% | 0.0% |
| FLAT BRANCH MORTGAGE, INC. | $305,000 | n/a | 0.0% | |
| FAIR WAY LENDING LLC | $285,000 | $295,000 | 3.5% | 0.0% |
| OPEN MORTGAGE, LLC | $290,000 | n/a | 0.0% | |
| Axos Bank | $285,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $285,000 | n/a | 0.0% | |
| LENDERFI, INC. | $275,000 | n/a | 0.0% | |
| PARLAY MORTGAGE & PROPERTY, INC. | $270,000 | n/a | 0.0% | |
| BNC National Bank | $265,000 | n/a | 0.0% | |
| SIGNATURE MORTGAGE CORPORATION | $255,000 | n/a | 0.0% | |
| Arvest Bank | $275,000 | $250,000 | -9.1% | 0.0% |
| SOUTHWEST FUNDING, LP | $330,000 | $250,000 | -24.2% | 0.0% |
| Associated Bank | $575,000 | $245,000 | -57.4% | 0.0% |
| Waterstone Mortgage Corporation | $235,000 | $245,000 | 4.3% | 0.0% |
| EAGLE HOME MORTGAGE, LLC | $235,000 | n/a | 0.0% | |
| Gateway First Bank | $235,000 | n/a | 0.0% | |
| PREMIA MORTGAGE, LLC | $1,160,000 | $235,000 | -79.7% | 0.0% |
| ACCELERATE MORTGAGE, LLC | $225,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $175,000 | $220,000 | 25.7% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $215,000 | n/a | 0.0% | |
| NBH Bank | $215,000 | n/a | 0.0% | |
| Pacor Mortgage Corp | $265,000 | $215,000 | -18.9% | 0.0% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $790,000 | $215,000 | -72.8% | 0.0% |
| 1ST SIGNATURE LENDING, LLC | $555,000 | $210,000 | -62.2% | 0.0% |
| Baxter Credit Union | $260,000 | $205,000 | -21.2% | 0.0% |
| EVERETT FINANCIAL, INC. | $470,000 | $205,000 | -56.4% | 0.0% |
| Key Mortgage Services, Inc. | $205,000 | $205,000 | 0.0% | 0.0% |
| North American Savings Bank, F.S.B. | $205,000 | n/a | 0.0% | |
| PLANET HOME LENDING, LLC | $175,000 | $205,000 | 17.1% | 0.0% |
| Truist Bank | $205,000 | n/a | 0.0% | |
| GSF Mortgage Corporation | $195,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $190,000 | n/a | 0.0% | |
| UNITED | $185,000 | $190,000 | 2.7% | 0.0% |
| CANOPY MORTGAGE, LLC | $185,000 | n/a | 0.0% | |
| CLEARPATH LENDING | $420,000 | $185,000 | -56.0% | 0.0% |
| Alliance Bank | $175,000 | n/a | 0.0% | |
| CONSUMERS COOPERATIVE CREDIT UNION | $135,000 | $175,000 | 29.6% | 0.0% |
| First Savings Bank | $175,000 | n/a | 0.0% | |
| The State Bank and Trust Company | $2,220,000 | $175,000 | -92.1% | 0.0% |
| ENDEAVOR CAPITAL, LLC. | $165,000 | $165,000 | 0.0% | 0.0% |
| The Citizens National Bank of Bluffton | $315,000 | $165,000 | -47.6% | 0.0% |
| PHH Mortgage Corporation | $260,000 | $160,000 | -38.5% | 0.0% |
| Advisors Mortgage Group, L.L.C. | $195,000 | $155,000 | -20.5% | 0.0% |
| Allied First Bank,sb | $155,000 | n/a | 0.0% | |
| First Home Bank | $225,000 | $155,000 | -31.1% | 0.0% |
| Visio Financial Services Inc. | $155,000 | n/a | 0.0% | |
| INLAND BANK & TRUST | $205,000 | $145,000 | -29.3% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $135,000 | n/a | 0.0% | |
| Ixonia Bank | $135,000 | n/a | 0.0% | |
| PANORAMA MORTGAGE GROUP, LLC | $175,000 | $135,000 | -22.9% | 0.0% |
| Strong Home Mortgage, LLC | $135,000 | n/a | 0.0% | |
| PURDUE FEDERAL CREDIT UNION | $90,000 | $130,000 | 44.4% | 0.0% |
| CMG MORTGAGE, INC. | $125,000 | n/a | 0.0% | |
| Chiphone Federal Credit Union | $115,000 | n/a | 0.0% | |
| Hometown Lenders, Inc. | $105,000 | $115,000 | 9.5% | 0.0% |
| Servion, Inc. | $115,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $155,000 | $115,000 | -25.8% | 0.0% |
| FORT FINANCIAL Federal Credit Union | $445,000 | $110,000 | -75.3% | 0.0% |
| EVERENCE FEDERAL CREDIT UNION | $145,000 | $105,000 | -27.6% | 0.0% |
| Discover Bank | $100,000 | n/a | 0.0% | |
| AMERICAN ADVISORS GROUP | $110,000 | $95,000 | -13.6% | 0.0% |
| EVANSVILLE TEACHERS | $700,000 | $95,000 | -86.4% | 0.0% |
| First Bank of Berne | $180,000 | $85,000 | -52.8% | 0.0% |
| First National Bank of Brookfield | $85,000 | n/a | 0.0% | |
| MORTGAGE MASTERS OF INDIANA, INC. | $515,000 | $85,000 | -83.5% | 0.0% |
| NUMARK CREDIT UNION | $85,000 | n/a | 0.0% | |
| Centra Credit Union | $85,000 | $75,000 | -11.8% | 0.0% |
| Oxford Bank & Trust | $90,000 | $70,000 | -22.2% | 0.0% |
| Figure Lending LLC | $130,000 | $65,000 | -50.0% | 0.0% |
| Regions Bank | $545,000 | $65,000 | -88.1% | 0.0% |
| SPRING EQ, LLC | $45,000 | $25,000 | -44.4% | 0.0% |
Warsaw's top lender by overall market share is Three Rivers Federal Credit Union, with 21.1% market share. In second place, with 10.0%, is RUOFF MORTGAGE COMPANY, INC., having originated $103,700,000 in loans. In third place, with 8.1%, is First Federal Savings Bank, having originated $84,280,000 in loans. In fourth place, with 6.9%, is Lake City Bank, having originated $71,300,000 in loans. In fifth place, with 3.2%, is QUICKEN LOANS, LLC, having originated $33,555,000 in loans.
Warsaw Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Warsaw (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 | $230,925 (19.0%) | $357,713 (18.2%) | 0.00 | 298 |
| 2018-02-01 | $225,950 (7.2%) | $352,718 (5.0%) | 0.00 | 301 |
| 2018-03-01 | $249,900 (11.4%) | $367,955 (4.1%) | 0.00 | 312 |
| 2018-04-01 | $269,375 (12.2%) | $386,852 (-0.5%) | 0.00 | 336 |
| 2018-05-01 | $258,850 (6.8%) | $388,138 (-2.8%) | 0.00 | 382 |
| 2018-06-01 | $247,900 (3.3%) | $383,682 (0.6%) | 0.00 | 402 |
| 2018-07-01 | $244,223 (2.2%) | $368,648 (2.8%) | 0.00 | 395 |
| 2018-08-01 | $234,900 (4.8%) | $354,374 (2.6%) | 0.00 | 389 |
| 2018-09-01 | $229,900 (2.2%) | $340,979 (-0.6%) | 0.00 | 367 |
| 2018-10-01 | $219,900 (0.0%) | $328,106 (-2.5%) | 0.00 | 342 |
| 2018-11-01 | $221,200 (-4.7%) | $312,583 (-10.0%) | 0.00 | 280 |
| 2018-12-01 | $214,900 (-8.6%) | $310,159 (-11.1%) | 0.00 | 247 |
| 2019-01-01 | $210,645 (-8.8%) | $291,740 (-18.4%) | 0.00 | 241 |
| 2019-02-01 | $223,750 (-1.0%) | $307,379 (-12.9%) | 0.00 | 239 |
| 2019-03-01 | $241,514 (-3.4%) | $353,060 (-4.1%) | 0.00 | 233 |
| 2019-04-01 | $258,450 (-4.1%) | $396,225 (2.4%) | 0.00 | 232 |
| 2019-05-01 | $257,425 (-0.6%) | $396,045 (2.0%) | 0.00 | 263 |
| 2019-06-01 | $277,000 (11.7%) | $404,068 (5.3%) | 0.00 | 256 |
| 2019-07-01 | $261,625 (7.1%) | $407,919 (10.7%) | 0.00 | 262 |
| 2019-08-01 | $249,900 (6.4%) | $406,581 (14.7%) | 0.00 | 259 |
| 2019-09-01 | $249,900 (8.7%) | $399,337 (17.1%) | 0.00 | 262 |
| 2019-10-01 | $249,900 (13.6%) | $394,508 (20.2%) | 0.00 | 263 |
| 2019-11-01 | $240,000 (8.5%) | $375,726 (20.2%) | 0.00 | 244 |
| 2019-12-01 | $240,125 (11.7%) | $352,269 (13.6%) | 0.00 | 210 |
| 2020-01-01 | $247,475 (17.5%) | $377,750 (29.5%) | 0.00 | 185 |
| 2020-02-01 | $256,450 (14.6%) | $394,689 (28.4%) | 0.00 | 174 |
| 2020-03-01 | $284,900 (18.0%) | $413,122 (17.0%) | 0.00 | 171 |
| 2020-04-01 | $284,450 (10.1%) | $395,393 (-0.2%) | 0.00 | 178 |
| 2020-05-01 | $279,900 (8.7%) | $394,406 (-0.4%) | 0.00 | 173 |
| 2020-06-01 | $297,875 (7.5%) | $461,366 (14.2%) | 0.00 | 156 |
| 2020-07-01 | $270,975 (3.6%) | $451,123 (10.6%) | 0.00 | 129 |
| 2020-08-01 | $264,900 (6.0%) | $418,289 (2.9%) | 0.00 | 107 |
| 2020-09-01 | $263,125 (5.3%) | $396,411 (-0.7%) | 0.00 | 110 |
| 2020-10-01 | $241,950 (-3.2%) | $383,223 (-2.9%) | 0.00 | 113 |
| 2020-11-01 | $236,625 (-1.4%) | $375,226 (-0.1%) | 0.00 | 118 |
| 2020-12-01 | $238,000 (-0.9%) | $330,231 (-6.3%) | 0.00 | 95 |
| 2021-01-01 | $254,900 (3.0%) | $396,608 (5.0%) | 0.00 | 77 |
| 2021-02-01 | $299,900 (16.9%) | $466,499 (18.2%) | 0.00 | 68 |
| 2021-03-01 | $304,900 (7.0%) | $482,994 (16.9%) | 0.00 | 60 |
| 2021-04-01 | $303,900 (6.8%) | $527,826 (33.5%) | 0.00 | 63 |
| 2021-05-01 | $294,900 (5.4%) | $515,156 (30.6%) | 0.00 | 62 |
| 2021-06-01 | $311,175 (4.5%) | $557,536 (20.8%) | 0.00 | 67 |
| 2021-07-01 | $304,900 (12.5%) | $471,252 (4.5%) | 0.00 | 97 |
| 2021-08-01 | $288,225 (8.8%) | $441,460 (5.5%) | 0.00 | 87 |
| 2021-09-01 | $279,900 (6.4%) | $435,636 (9.9%) | 0.00 | 97 |
| 2021-10-01 | $269,250 (11.3%) | $428,695 (11.9%) | 0.00 | 95 |
| 2021-11-01 | $274,900 (16.2%) | $434,692 (15.9%) | 0.00 | 90 |
| 2021-12-01 | $283,200 (19.0%) | $465,628 (41.0%) | 0.00 | 77 |
| 2022-01-01 | $285,900 (12.2%) | $499,978 (26.1%) | 0.00 | 66 |
| 2022-02-01 | $310,175 (3.4%) | $547,481 (17.4%) | 0.00 | 59 |
| 2022-03-01 | $312,900 (2.6%) | $509,728 (5.5%) | 0.00 | 64 |
| 2022-04-01 | $339,900 (11.9%) | $571,152 (8.2%) | 0.00 | 64 |
| 2022-05-01 | $319,800 (8.4%) | $534,163 (3.7%) | 0.00 | 87 |
| 2022-06-01 | $338,450 (8.8%) | $512,453 (-8.1%) | 0.00 | 95 |
| 2022-07-01 | $319,000 (4.6%) | $442,508 (-6.1%) | 0.00 | 125 |
| 2022-08-01 | $317,475 (10.2%) | $429,114 (-2.8%) | 0.00 | 118 |
| 2022-09-01 | $349,475 (24.9%) | $437,260 (0.4%) | 0.00 | 120 |
| 2022-10-01 | $330,000 (22.6%) | $428,237 (-0.1%) | 0.00 | 132 |
| 2022-11-01 | $325,000 (18.2%) | $498,163 (14.6%) | 0.00 | 121 |
| 2022-12-01 | $337,000 (19.0%) | $497,074 (6.8%) | 0.00 | 90 |
| 2023-01-01 | $333,725 (16.7%) | $474,438 (-5.1%) | 0.00 | 86 |
| 2023-02-01 | $337,250 (8.7%) | $482,969 (-11.8%) | 0.00 | 90 |
Warsaw's median listing price for 2023-02-01 was $337,250, a difference of
$27,075
(8.7%) versus the prior year and
$3,525 versus the prior month.
Warsaw's median listing price comes in at 0% of the national average.
Warsaw's average listing price for 2023-02-01 was $482,969, a difference of $-64,512 (-11.8%) versus the prior year and $8,531 versus the prior month.
For the 2023-02-01 period, Warsaw had 90 MLS listings, a difference of 4 listings (5%) versus the prior month and 31 listings (53%) versus the prior year.
Warsaw's median listing price comes in at 0% of the national average.
Warsaw's average listing price for 2023-02-01 was $482,969, a difference of $-64,512 (-11.8%) versus the prior year and $8,531 versus the prior month.
For the 2023-02-01 period, Warsaw had 90 MLS listings, a difference of 4 listings (5%) versus the prior month and 31 listings (53%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Warsaw (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,914 sqft |
| 2018-02-01 | 0 days | 1,898 sqft |
| 2018-03-01 | 0 days | 1,891 sqft |
| 2018-04-01 | 0 days | 1,917 sqft |
| 2018-05-01 | 0 days | 1,897 sqft |
| 2018-06-01 | 0 days | 1,891 sqft |
| 2018-07-01 | 0 days | 1,812 sqft |
| 2018-08-01 | 0 days | 1,799 sqft |
| 2018-09-01 | 0 days | 1,834 sqft |
| 2018-10-01 | 0 days | 1,800 sqft |
| 2018-11-01 | 0 days | 1,822 sqft |
| 2018-12-01 | 0 days | 1,809 sqft |
| 2019-01-01 | 0 days | 1,772 sqft |
| 2019-02-01 | 0 days | 1,835 sqft |
| 2019-03-01 | 0 days | 1,889 sqft |
| 2019-04-01 | 0 days | 1,937 sqft |
| 2019-05-01 | 0 days | 1,899 sqft |
| 2019-06-01 | 0 days | 1,863 sqft |
| 2019-07-01 | 0 days | 1,842 sqft |
| 2019-08-01 | 0 days | 1,872 sqft |
| 2019-09-01 | 0 days | 1,907 sqft |
| 2019-10-01 | 0 days | 1,945 sqft |
| 2019-11-01 | 0 days | 1,886 sqft |
| 2019-12-01 | 0 days | 1,897 sqft |
| 2020-01-01 | 0 days | 1,936 sqft |
| 2020-02-01 | 0 days | 1,867 sqft |
| 2020-03-01 | 0 days | 1,898 sqft |
| 2020-04-01 | 0 days | 1,911 sqft |
| 2020-05-01 | 0 days | 1,956 sqft |
| 2020-06-01 | 0 days | 2,100 sqft |
| 2020-07-01 | 0 days | 1,941 sqft |
| 2020-08-01 | 0 days | 1,988 sqft |
| 2020-09-01 | 0 days | 2,010 sqft |
| 2020-10-01 | 0 days | 1,964 sqft |
| 2020-11-01 | 0 days | 1,908 sqft |
| 2020-12-01 | 0 days | 1,888 sqft |
| 2021-01-01 | 0 days | 1,800 sqft |
| 2021-02-01 | 0 days | 1,871 sqft |
| 2021-03-01 | 0 days | 1,885 sqft |
| 2021-04-01 | 0 days | 1,939 sqft |
| 2021-05-01 | 0 days | 1,870 sqft |
| 2021-06-01 | 0 days | 1,906 sqft |
| 2021-07-01 | 0 days | 1,846 sqft |
| 2021-08-01 | 0 days | 1,854 sqft |
| 2021-09-01 | 0 days | 1,767 sqft |
| 2021-10-01 | 0 days | 1,780 sqft |
| 2021-11-01 | 0 days | 1,757 sqft |
| 2021-12-01 | 0 days | 1,760 sqft |
| 2022-01-01 | 0 days | 1,772 sqft |
| 2022-02-01 | 0 days | 1,643 sqft |
| 2022-03-01 | 0 days | 1,659 sqft |
| 2022-04-01 | 0 days | 1,776 sqft |
| 2022-05-01 | 0 days | 1,785 sqft |
| 2022-06-01 | 0 days | 1,851 sqft |
| 2022-07-01 | 0 days | 1,939 sqft |
| 2022-08-01 | 0 days | 1,884 sqft |
| 2022-09-01 | 0 days | 1,866 sqft |
| 2022-10-01 | 0 days | 1,826 sqft |
| 2022-11-01 | 0 days | 1,956 sqft |
| 2022-12-01 | 0 days | 1,950 sqft |
| 2023-01-01 | 0 days | 1,890 sqft |
| 2023-02-01 | 0 days | 1,857 sqft |
Warsaw's median listing age (time on market) for 2023-02-01 was 0 days.
Warsaw's median square footage for active listings during the 2023-02-01 period was 1,857 sqft. One year prior, the average listing was 1,643 sqft.
Warsaw's median square footage for active listings during the 2023-02-01 period was 1,857 sqft. One year prior, the average listing was 1,643 sqft.
Warsaw, IN Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 1,504 | $481,870,000 | $320,392 |
| Home Purchase | 1,449 | $342,495,000 | $236,366 |
| Cash Out Refi | 961 | $170,315,000 | $177,227 |
| Other | 314 | $32,220,000 | $102,611 |
| Home Improvement | 139 | $10,755,000 | $77,374 |
Warsaw's most frequently cited loan purpose was Refi, with 1,504 originations. The 2nd most popular reason was Home Purchase, with 1,449 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 2,040 | $368,600,000 | $180,686 |
| 2.5-3% | 1,350 | $290,210,000 | $214,970 |
| <2.5% | 672 | $133,340,000 | $198,423 |
| 4-5% | 198 | $234,290,000 | $1,183,283 |
| Over 8% | 29 | $1,065,000 | $36,724 |
| 5-6% | 27 | $2,655,000 | $98,333 |
| 6-7% | 13 | $1,375,000 | $105,769 |
| 7-8% | 11 | $475,000 | $43,182 |
During 2021, Warsaw's most frequently originated rate bucket was 3-4%, with 2,040 originations.
Loan Sizing (Warsaw, IN MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,822 | $265,820,000 | $145,895 |
| $200k-400k | 1,144 | $304,420,000 | $266,101 |
| $100,000 or less | 1,118 | $66,780,000 | $59,732 |
| $400k-600k | 188 | $90,160,000 | $479,574 |
| $600k-1000k | 49 | $36,995,000 | $755,000 |
| $Over $1MM | 46 | $273,480,000 | $5,945,217 |
Warsaw's loan sizing saw the bucket of loans from $100k-200k with 1,822 originations, totaling $265,820,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 1,366 | $304,470,000 | $222,892 |
| 80-100% | 1,317 | $296,725,000 | $225,304 |
| 40-60% | 675 | $124,465,000 | $184,393 |
| 20-40% | 472 | $53,290,000 | $112,903 |
| Under 20% | 351 | $15,865,000 | $45,199 |
| Over 100% | 26 | $7,600,000 | $292,308 |
Warsaw's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 1,366 originations, totaling $304,470,000 in origination value.