Warsaw Mortgage Rates

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

30 Year Fixed Rate mortgages in Warsaw averaged 6.1% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

The average rate for the prior week (2022-06-16) was 5.77% and one month ago for the week of 2022-05-19, the average rate was 5.44%.

Warsaw's average rate one year ago was 2.98%.

For refis of the same type during the week of 2022-06-23, the average rate was 5.86%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Warsaw 30 Year Fixed Rate 2022-06-23 6.1%
Warsaw 30 Year Fixed Rate Refi 2022-06-23 5.86%
Warsaw 15 Year Fixed Rate 2022-06-23 6.39%
Warsaw 15 Year Fixed Rate Refi 2022-06-23 5.02%
Warsaw 30 Year FHA 2022-06-23 0.26%
Warsaw 30 Year FHA Refi 2022-06-23 0.14%
Warsaw 30 Year USDA 2022-06-23 0.34%
Warsaw 30 Year USDA Refi 2022-06-23 -0.07%
Warsaw 30 Year VA 2022-06-23 0.45%
Warsaw 30 Year VA Refi 2022-06-23 -0.17%
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 lendor, 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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
RUOFF MORTGAGE COMPANY, INC. 312 3.23% $2,286
First Federal Savings Bank 202 3.05% $3,842
QUICKEN LOANS, LLC 82 3.10% $4,394
Lake City Bank 80 3.04% $2,871
Northwest Bank 52 3.35% $3,113
TEACHERS CREDIT UNION 52 3.42% $2,414
INTERRA CREDIT UNION 46 3.33% $2,386
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 46 3.32% $4,599
Crossroads Bank 46 2.99% $1,879
UNITED WHOLESALE MORTGAGE, LLC 43 2.99% $3,918
JPMorgan Chase Bank 39 3.11% $2,803
CELEBRITY HOME LOANS, LLC 35 3.32% $3,081
1st Source Bank 33 3.27% $2,813
AMERICAN MORTGAGE SERVICE COMPANY 29 2.98% $2,393
First Federal Savings Bank 23 3.11% $3,907
KeyBank 22 3.00% $2,489
HALLMARK HOME MORTGAGE, LLC 21 3.27% $3,116
LOANDEPOT.COM, LLC 21 2.98% $4,240
CALIBER HOME LOANS, INC. 21 3.21% $3,883
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 20 3.31% $3,412
BEACON CREDIT UNION 17 2.92% $2,135
UNION HOME MORTGAGE CORP. 16 3.32% $2,741
Three Rivers Federal Credit Union 16 3.20% $2,346
AMERISAVE MORTGAGE CORPORATION 16 3.09% $4,530
Horizon Bank 15 3.21% $2,568
BETTER MORTGAGE CORPORATION 13 3.02% $2,130
Wells Fargo Bank 13 3.08% $2,497
PNC Bank 12 3.13% $2,791
The Huntington National Bank 12 3.02% $2,703
Union Savings Bank 11 2.98% $478
GUARANTEED RATE, INC. 11 3.15% $2,735
First Guaranty Mortgage Corporation 11 3.38% $2,761
InterContinental Capital Group, Inc 10 3.15% $4,649
First Merchants Bank 10 2.88% $2,644
Fifth Third Bank 9 3.30% $2,710
Centier Bank 9 3.07% $2,284
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 8 3.06% $2,943
POLARIS HOME FUNDING CORP. 8 3.50% $3,944
CROSSCOUNTRY MORTGAGE, LLC 8 3.30% $4,015
NEWREZ LLC 8 3.37% $3,435
BROKER SOLUTIONS, INC. 7 3.08% $3,619
GVC MORTGAGE, INC. 7 3.36% $3,153
FREEDOM MORTGAGE CORPORATION 7 3.13% $1,499
COMPASS MORTGAGE, INC. 7 3.11% $2,739
Farm Credit Mid-America, ACA 7 3.42% $6,272
MID AMERICA MORTGAGE, INC. 6 3.42% $3,338
ACADEMY MORTGAGE CORPORATION 6 3.31% $2,672
Bank of America 6 2.92% $3,059
First State Bank of Middlebury 6 3.00% $3,431
Flagstar Bank, FSB 6 3.28% $3,410
DRAPER AND KRAMER MORTGAGE CORP. 5 2.85% $2,552
Mr. Cooper ( Nationstar Mortgage ) 5 3.37% $4,470
Farmers State Bank 4 3.50% $2,417
First Farmers Bank and Trust Company 4 3.34% $2,045
First Federal Bank of the Midwest 4 3.34% $3,447
ProFed Federal Credit Union 4 3.09% $2,156
ROYAL UNITED MORTGAGE LLC 4 3.38% $6,088
Northpointe Bank 4 3.53% $2,339
Merchants Bank of Indiana 4 2.81% $2,267
VAN DYK MORTGAGE CORPORATION 4 3.34% $2,808
HOMESIDE FINANCIAL, LLC 4 3.28% $2,962
Old National Bank 4 3.34% $2,797
AMERICAN FINANCING CORPORATION 3 2.96% $3,918
MIDWEST AMERICA 3 3.21% $2,761
U.S. Bank 3 2.92% $3,154
Wyndham Capital Mortgage, Inc. 3 3.67% $2,677
MICHIGAN MUTUAL, INC. 3 3.42% $4,947
Notre Dame Federal Credit Union Corporation 3 2.63% $2,636
Elements Financial Federal Credit Union 3 3.21% $2,960
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 3.50% $3,160
FORUM Credit Union 3 3.00% $1,893
PENNYMAC LOAN SERVICES, LLC 3 3.00% $6,037
Fidelity Bank 3 2.83% $1,970
First Financial Bank 3 3.29% $3,564
Mortgage Research Center, LLC 3 2.79% $1,455
STAR Financial Bank 3 3.17% $4,290
ZILLOW HOME LOANS, LLC 2 3.13% $2,091
Ally Bank 2 2.88% $3,092
AMERICAN FINANCIAL NETWORK, INC. 2 3.13% $9,265
AMERICAN PACIFIC MORTGAGE CORPORATION 2 3.31% $2,931
AMERIFIRST FINANCIAL CORPORATION 2 3.56% $3,973
AmeriHome Mortgage Company, LLC 2 3.31% $3,068
Carrington Mortgage Services, LLC 2 3.69% $4,299
Citizens Bank 2 2.88% $1,747
FirstBank 2 3.00% $1,586
First Internet Bank of Indiana 2 3.00% $2,532
KELLER MORTGAGE, LLC 2 3.25% $1,436
LEADERONE FINANCIAL CORPORATION 2 4.13% $2,787
Liberty Savings Bank, F.S.B. 2 3.13% $5,769
MJW Financial LLC 2 3.11% $2,464
Mortgage Assurance Inc. 2 3.13% $4,352
MUTUAL OF OMAHA MORTGAGE, INC. 2 2.81% $2,875
NAVY FEDERAL CREDIT UNION 2 3.94% $830
Paramount Residential Mortgage Group, Inc. 2 2.93% $4,463
V.I.P. MORTGAGE, INC. 2 3.19% $2,829
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.00% $2,771
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 3.25% $2,805
GSF Mortgage Corporation 1 2.88% $1,433
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 3.49% $2,934
Morgan Stanley Private Bank 1 2.45% $2,890
1ST SIGNATURE LENDING, LLC 1 2.75% $2,326
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 3.25% $2,910
FLAT BRANCH MORTGAGE, INC. 1 2.99% $6,856
AMERICAN INTERNET MORTGAGE, INC. 1 2.75% $5,069
Nations Lending Corporation 1 3.25% $5,085
Wolfe Financial, Inc 1 3.25% $2,819
NBH Bank 1 3.13% $4,448
NBKC BANK 1 2.88% $1,131
Neighborhood Loans, Inc. 1 3.38% $2,422
First Savings Bank 1 4.00% $2,672
First Midwest Bank 1 3.13% $5,032
First Bank Richmond 1 3.00% $5,355
First Bank of Berne 1 3.50% $1,983
FAIR WAY LENDING LLC 1 2.38% $8,209
OPEN MORTGAGE, LLC 1 3.38% $3,204
Ottawa Savings Bank 1 3.25% $3,138
Pacor Mortgage Corp 1 2.75% $2,382
PANORAMA MORTGAGE GROUP, LLC 1 2.88% $4,696
Advisors Mortgage Group, L.L.C. 1 3.13% $1,837
PARLAY MORTGAGE & PROPERTY, INC. 1 3.13% $3,045
PARTNERS 1ST Federal Credit Union 1 3.00% $2,322
EVERENCE FEDERAL CREDIT UNION 1 5.38% $2,099
PENTAGON FEDERAL CREDIT UNION 1 2.88% $4,285
ENDEAVOR CAPITAL, LLC. 1 3.13% $2,599
EAGLE HOME MORTGAGE, LLC 1 2.88% $1,090
PREMIA MORTGAGE, LLC 1 2.75% $50
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 2.99% $2,669
CONSUMERS COOPERATIVE CREDIT UNION 1 3.00% $2,670
Community First Bank of Indiana 1 3.00% $1,996
RBC Bank, (Georgia) 1 3.00% $944
Regions Bank 1 3.75% $2,450
RELIANCE FIRST CAPITAL, LLC 1 2.75% $9,323
City Bank 1 3.13% $8,902
CIBC Bank USA 1 2.75% $3,305
Servion, Inc. 1 3.00% $3,187
SIGNATURE MORTGAGE CORPORATION 1 3.25% $1,972
CHURCHILL MORTGAGE CORPORATION 1 3.13% $3,669
Stifel Bank and Trust 1 2.13% $3,629
Strong Home Mortgage, LLC 1 3.00% $2,154
SUCCESS MORTGAGE PARTNERS, INC. 1 3.63% $3,052
CANOPY MORTGAGE, LLC 1 3.50% $4,693
The Farmers & Merchants State Bank 1 3.50% $1,374
BNY Mellon 1 2.50% $4,836
Baxter Credit Union 1 3.25% $2,199
Truist Bank 1 3.13% $2,436
Barrington Bank & Trust Company, N.A. 1 2.99% $2,378
Axos Bank 1 2.75% $2,557
UNITED 1 3.00% $4,508
INLAND BANK & TRUST 1 2.75% $2,813
INDIANA MEMBERS CREDIT UNION 1 3.25% $2,082
Associated Bank 1 3.75% $2,802
LENDERFI, INC. 1 2.88% $1,643
Arvest Bank 1 2.88% $4,466
Hometown Lenders, Inc. 1 3.49% $4,479
MEMBER FIRST MORTGAGE, LLC 1 3.13% $2,523
HOME POINT FINANCIAL CORPORATION 1 3.25% $1,728

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.

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 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
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 third place, with 6.9%, is Lake City Bank, having originated $71,300,000 in loans. In third place, with 3.2%, is QUICKEN LOANS, LLC, having originated $33,555,000 in loans.


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.


Market Conditions (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 $233,949 (17.7%) $360,670 (17.4%) 0.00 293
2018-02-01 $227,400 (7.7%) $355,693 (6.4%) 0.00 296
2018-03-01 $254,900 (13.3%) $370,161 (4.1%) 0.00 310
2018-04-01 $277,450 (13.3%) $392,745 (1.5%) 0.00 331
2018-05-01 $266,300 (8.2%) $394,600 (-2.4%) 0.00 372
2018-06-01 $249,900 (1.5%) $389,846 (1.8%) 0.00 393
2018-07-01 $243,950 (1.7%) $371,115 (3.5%) 0.00 391
2018-08-01 $235,200 (4.5%) $359,739 (3.5%) 0.00 385
2018-09-01 $229,900 (2.2%) $343,392 (-0.8%) 0.00 365
2018-10-01 $219,900 (0.0%) $329,864 (-2.9%) 0.00 349
2018-11-01 $222,500 (-4.3%) $317,064 (-9.1%) 0.00 286
2018-12-01 $215,000 (-9.5%) $318,069 (-10.4%) 0.00 251
2019-01-01 $214,900 (-8.1%) $299,822 (-16.9%) 0.00 243
2019-02-01 $226,000 (-0.6%) $313,493 (-11.9%) 0.00 240
2019-03-01 $242,371 (-4.9%) $355,910 (-3.9%) 0.00 228
2019-04-01 $264,450 (-4.7%) $401,522 (2.2%) 0.00 225
2019-05-01 $265,497 (-0.3%) $409,741 (3.8%) 0.00 261
2019-06-01 $280,000 (12.0%) $411,769 (5.6%) 0.00 256
2019-07-01 $267,400 (9.6%) $413,115 (11.3%) 0.00 264
2019-08-01 $253,957 (8.0%) $407,057 (13.2%) 0.00 260
2019-09-01 $242,400 (5.4%) $381,273 (11.0%) 0.00 259
2019-10-01 $252,400 (14.8%) $394,829 (19.7%) 0.00 266
2019-11-01 $244,950 (10.1%) $379,669 (19.8%) 0.00 245
2019-12-01 $242,450 (12.8%) $358,615 (12.8%) 0.00 212
2020-01-01 $252,450 (17.5%) $377,762 (26.0%) 0.00 183
2020-02-01 $259,999 (15.0%) $405,227 (29.3%) 0.00 174
2020-03-01 $296,500 (22.3%) $433,470 (21.8%) 0.00 169
2020-04-01 $297,000 (12.3%) $417,216 (3.9%) 0.00 172
2020-05-01 $299,000 (12.6%) $398,209 (-2.8%) 0.00 159
2020-06-01 $307,450 (9.8%) $469,241 (14.0%) 0.00 152
2020-07-01 $284,250 (6.3%) $441,135 (6.8%) 0.00 123
2020-08-01 $279,900 (10.2%) $435,695 (7.0%) 0.00 104
2020-09-01 $277,450 (14.5%) $419,874 (10.1%) 0.00 108
2020-10-01 $249,900 (-1.0%) $390,985 (-1.0%) 0.00 106
2020-11-01 $242,000 (-1.2%) $382,426 (0.7%) 0.00 113
2020-12-01 $239,000 (-1.4%) $335,170 (-6.5%) 0.00 92
2021-01-01 $258,000 (2.2%) $391,409 (3.6%) 0.00 77
2021-02-01 $319,950 (23.1%) $471,146 (16.3%) 0.00 71
2021-03-01 $310,400 (4.7%) $474,510 (9.5%) 0.00 63
2021-04-01 $305,900 (3.0%) $520,803 (24.8%) 0.00 62
2021-05-01 $298,000 (-0.3%) $498,079 (25.1%) 0.00 59
2021-06-01 $314,900 (2.4%) $560,401 (19.4%) 0.00 64
2021-07-01 $309,950 (9.0%) $479,715 (8.8%) 0.00 92
2021-08-01 $293,500 (4.9%) $442,048 (1.5%) 0.00 83
2021-09-01 $279,950 (0.9%) $433,907 (3.3%) 0.00 95
2021-10-01 $269,500 (7.8%) $429,632 (9.9%) 0.00 95
2021-11-01 $278,950 (15.3%) $439,556 (14.9%) 0.00 88
2021-12-01 $279,950 (17.1%) $462,026 (37.9%) 0.00 76
2022-01-01 $283,000 (9.7%) $499,747 (27.7%) 0.00 70
2022-02-01 $322,500 (0.8%) $554,255 (17.6%) 0.00 59
2022-03-01 $317,450 (2.3%) $516,773 (8.9%) 0.00 65
2022-04-01 $345,900 (13.1%) $583,271 (12.0%) 0.00 64
2022-05-01 $329,900 (10.7%) $545,695 (9.6%) 0.00 87
Warsaw's median listing price for 2022-05-01 was $329,900, a difference of $31,900 (10.7%) versus the prior year and $-16,000 versus the prior month.

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

Warsaw's average listing price for 2022-05-01 was $545,695, a difference of $47,616 (9.6%) versus the prior year and $-37,576 versus the prior month.

For the 2022-05-01 period, Warsaw had 87 MLS listings, a difference of 23 listings (36%) versus the prior month and 28 listings (47%) 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 1,927 sqft
2018-02-01 0 days 1,901 sqft
2018-03-01 0 days 1,898 sqft
2018-04-01 0 days 1,964 sqft
2018-05-01 0 days 1,920 sqft
2018-06-01 0 days 1,904 sqft
2018-07-01 0 days 1,800 sqft
2018-08-01 0 days 1,780 sqft
2018-09-01 0 days 1,836 sqft
2018-10-01 0 days 1,800 sqft
2018-11-01 0 days 1,827 sqft
2018-12-01 0 days 1,792 sqft
2019-01-01 0 days 1,753 sqft
2019-02-01 0 days 1,833 sqft
2019-03-01 0 days 1,874 sqft
2019-04-01 0 days 1,923 sqft
2019-05-01 0 days 1,881 sqft
2019-06-01 0 days 1,840 sqft
2019-07-01 0 days 1,840 sqft
2019-08-01 0 days 1,847 sqft
2019-09-01 0 days 1,857 sqft
2019-10-01 0 days 1,920 sqft
2019-11-01 0 days 1,884 sqft
2019-12-01 0 days 1,880 sqft
2020-01-01 0 days 1,919 sqft
2020-02-01 0 days 1,858 sqft
2020-03-01 0 days 1,946 sqft
2020-04-01 0 days 1,915 sqft
2020-05-01 0 days 2,008 sqft
2020-06-01 0 days 2,177 sqft
2020-07-01 0 days 2,008 sqft
2020-08-01 0 days 2,026 sqft
2020-09-01 0 days 2,036 sqft
2020-10-01 0 days 2,010 sqft
2020-11-01 0 days 1,902 sqft
2020-12-01 0 days 1,853 sqft
2021-01-01 0 days 1,758 sqft
2021-02-01 0 days 1,925 sqft
2021-03-01 0 days 1,928 sqft
2021-04-01 0 days 1,997 sqft
2021-05-01 0 days 1,872 sqft
2021-06-01 0 days 1,867 sqft
2021-07-01 0 days 1,885 sqft
2021-08-01 0 days 1,854 sqft
2021-09-01 0 days 1,802 sqft
2021-10-01 0 days 1,770 sqft
2021-11-01 0 days 1,744 sqft
2021-12-01 0 days 1,759 sqft
2022-01-01 0 days 1,760 sqft
2022-02-01 0 days 1,638 sqft
2022-03-01 0 days 1,653 sqft
2022-04-01 0 days 1,758 sqft
2022-05-01 0 days 1,740 sqft
Warsaw's median listing age (time on market) for 2022-05-01 was 0 days.

Warsaw's median square footage for active listings during the 2022-05-01 period was 1,740 sqft. One year prior, the average listing was 1,872 sqft.