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 7.16% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 7.2% and one month ago for the week of 2024-03-07, the average rate was 7.06%.

Warsaw's average rate one year ago was 6.56%.

For refis of the same type during the week of 2024-04-11, the average rate was 8.1%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
Warsaw 30 Year Fixed Rate 2024-04-11 7.16%
Warsaw 30 Year Fixed Rate Refi 2024-04-11 8.1%
Warsaw 15 Year Fixed Rate 2024-04-11 6.36%
Warsaw 15 Year Fixed Rate Refi 2024-04-11 6.66%
Warsaw 30 Year FHA 2024-04-11 7.28%
Warsaw 30 Year FHA Refi 2024-04-11 6.64%
Warsaw 30 Year USDA 2024-04-11 6.51%
Warsaw 30 Year USDA Refi 2024-04-11 6.91%
Warsaw 30 Year VA 2024-04-11 6.47%
Warsaw 30 Year VA Refi 2024-04-11 6.67%
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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
RUOFF MORTGAGE COMPANY, INC. 91 7.08% $3,035
First Federal Savings Bank 61 7.30% $3,309
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 38 6.99% $6,309
TEACHERS CREDIT UNION 36 7.26% $3,277
Lake City Bank 34 6.58% $2,822
INTERRA CREDIT UNION 28 6.59% $2,749
QUICKEN LOANS, LLC 25 6.92% $5,530
UNITED WHOLESALE MORTGAGE, LLC 24 6.84% $5,822
Crossroads Bank 21 6.02% $1,657
GENEVA FINANCIAL, LLC 20 7.26% $4,676
GVC MORTGAGE, INC. 19 7.35% $4,976
CARDINAL FINANCIAL 18 6.87% $3,809
PNC Bank 15 6.98% $3,217
HALLMARK HOME MORTGAGE, LLC 14 7.23% $4,248
Three Rivers Federal Credit Union 13 7.05% $2,753
THRIVE MORTGAGE, LLC 13 6.95% $2,808
The Huntington National Bank 11 6.89% $4,009
Union Savings Bank 10 6.69% $1,461
1st Source Bank 10 7.29% $3,283
Northwest Bank 8 6.56% $3,938
Farm Credit Mid-America, ACA 7 7.30% $5,008
MOVEMENT MORTGAGE, LLC 7 7.04% $5,528
UNION HOME MORTGAGE CORP. 6 7.15% $3,770
BEACON CREDIT UNION 6 6.79% $2,081
Fifth Third Bank 6 6.97% $4,104
STAR Financial Bank 6 6.10% $3,149
LOANDEPOT.COM, LLC 5 6.99% $5,568
First State Bank of Middlebury 5 6.90% $2,424
First Federal Savings Bank 5 6.35% $2,294
Wells Fargo Bank 5 7.10% $4,407
CROSSCOUNTRY MORTGAGE, LLC 4 7.49% $5,626
JPMorgan Chase Bank 4 7.03% $3,764
Horizon Bank 4 6.97% $2,520
AMERISAVE MORTGAGE CORPORATION 4 6.40% $5,168
Notre Dame Federal Credit Union Corporation 4 6.84% $4,139
U.S. Bank 3 7.33% $5,259
MIDWEST AMERICA 3 7.63% $5,246
CHURCHILL MORTGAGE CORPORATION 3 7.04% $5,243
NEWREZ LLC 3 7.75% $4,293
PENNYMAC LOAN SERVICES, LLC 3 6.75% $6,565
FORUM Credit Union 3 6.71% $2,174
ROYAL UNITED MORTGAGE LLC 3 6.33% $10,373
INDIANA MEMBERS CREDIT UNION 3 7.25% $2,760
INOVA FEDERAL CREDIT UNION 3 6.50% $2,516
KeyBank 3 6.04% $4,153
CALIBER HOME LOANS, INC. 3 7.08% $3,401
Carrington Mortgage Services, LLC 2 6.44% $6,439
Associated Bank 2 6.00% $2,452
ACADEMY MORTGAGE CORPORATION 2 6.75% $4,880
Citizens Bank 2 6.44% $5,776
Morgan Stanley Private Bank 2 5.79% $3,569
NAVY FEDERAL CREDIT UNION 2 7.81% $1,721
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.24% $4,191
MICHIGAN MUTUAL, INC. 2 7.50% $3,874
Mr. Cooper ( Nationstar Mortgage ) 2 6.81% $5,316
EVANSVILLE TEACHERS 2 6.56% $2,409
Mortgage Research Center, LLC 2 6.44% $2,091
Mortgage Assurance Inc. 2 6.69% $4,859
Toyota Financial Savings Bank 2 6.94% $2,614
GUARANTEED RATE, INC. 2 7.75% $5,992
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 7.00% $7,159
ON Q FINANCIAL, INC. 2 7.25% $4,644
WesBanco 1 5.88% $2,939
ALLIED MORTGAGE GROUP, INC. 1 8.13% $5,229
AMERICAN FINANCING CORPORATION 1 6.13% $9,419
AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.50% $3,073
AmeriHome Mortgage Company, LLC 1 5.99% $4,416
Barrington Bank & Trust Company, N.A. 1 7.38% $2,663
BETTER MORTGAGE CORPORATION 1 6.88% $1,956
Centier Bank 1 7.88% $38,280
Charles Schwab Bank, SSB 1 7.05% $3,369
Citizens State Bank of New Castle 1 6.38% $2,062
CNB Bank And Trust, N.A. 1 5.99% $3,309
COMPASS MORTGAGE, INC. 1 8.50% $5,543
DEEPHAVEN MORTGAGE LLC 1 9.50% $6,446
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 7.49% $2,883
Dollar Bank, Federal Savings Bank 1 7.00% $3,348
EMM LOANS LLC 1 6.25% $11,828
EVERETT FINANCIAL, INC. 1 7.13% $3,264
F&A Federal Credit Union 1 6.99% $774
Farmers State Bank 1 7.09% $2,865
First Farmers Bank and Trust Company 1 7.38% $2,740
First Financial Bank 1 6.13% $1,578
First Internet Bank of Indiana 1 5.75% $2,196
First Merchants Bank 1 8.63% $7,030
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.63% $3,210
LAKE MICHIGAN CREDIT UNION 1 6.75% $3,604
LEADERONE FINANCIAL CORPORATION 1 7.25% $3,310
Marine Bank 1 6.75% $1,944
MEMBER FIRST MORTGAGE, LLC 1 5.88% $3,012
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 1 6.63% $3,433
MID AMERICA MORTGAGE, INC. 1 7.00% $4,668
MJW Financial LLC 1 6.88% $2,349
MYCUMORTGAGE, LLC 1 7.50% $2,815
NATIONS RELIABLE LENDING, LLC 1 8.63% $6,274
Neighborhood Loans, Inc. 1 7.13% $7,927
NexBank 1 6.25% $2,590
Old National Bank 1 7.38% $299
POINT Mortgage 1 8.13% $2,829
POLARIS HOME FUNDING CORP. 1 6.88% $6,402
ProFed Federal Credit Union 1 6.63% $2,397
PULTE MORTGAGE LLC 1 5.88% $0
PURDUE FEDERAL CREDIT UNION 1 7.88% $13,777
RBC Bank, (Georgia) 1 5.38% $951
Regions Bank 1 7.13% $5,052
Stifel Bank and Trust 1 6.25% $2,357
STOCKTON MORTGAGE CORPORATION 1 7.63% $7,178
TECH Credit Union 1 7.00% $3,409
The State Bank and Trust Company 1 6.25% $2,365
Town Square Mortgage & Investments, Inc. 1 7.63% $3,822
TUCKER MORTGAGE, LLC 1 6.63% $2,941
USAA Federal Savings Bank 1 6.38% $2,472

Warsaw Average Closing Costs & Other Stats

Warsaw, IN's 112 lenders originated 1,990 loans during 2023. The total origination value was $376,920,000, with an average loan value of $189,407.

Warsaw's average closing costs are $3,604.

The top Warsaw lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with 91 loans originated. Their average total fees are $3,035, which is $274 lower than the next largest lender, First Federal Savings Bank.

The lowest fee Warsaw lenders (with over 10 loans originated) are Union Savings Bank ($1,461), Crossroads Bank ($1,657), INTERRA CREDIT UNION ($2,749), Three Rivers Federal Credit Union ($2,753) and THRIVE MORTGAGE, LLC ($2,808).

The lowest rate Warsaw lenders (with over 10 loans originated) are Crossroads Bank (6.02%), Lake City Bank (6.58%), INTERRA CREDIT UNION (6.59%), Union Savings Bank (6.69%) and UNITED WHOLESALE MORTGAGE, LLC (6.84%).

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Lake City Bank $67,295,000 $56,575,000 -15.9% 15.0%
RUOFF MORTGAGE COMPANY, INC. $48,450,000 $29,475,000 -39.2% 7.8%
Horizon Bank $27,740,000 $27,395,000 -1.2% 7.3%
First Federal Savings Bank $4,210,000 $25,270,000 500.2% 6.7%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $12,600,000 $13,880,000 10.2% 3.7%
TEACHERS CREDIT UNION $11,200,000 $12,005,000 7.2% 3.2%
INTERRA CREDIT UNION $16,990,000 $10,745,000 -36.8% 2.9%
QUICKEN LOANS, LLC $15,440,000 $10,365,000 -32.9% 2.7%
1st Source Bank $18,255,000 $9,530,000 -47.8% 2.5%
Three Rivers Federal Credit Union $8,445,000 $8,170,000 -3.3% 2.2%
UNITED WHOLESALE MORTGAGE, LLC $9,185,000 $8,155,000 -11.2% 2.2%
Crossroads Bank $18,535,000 $8,090,000 -56.4% 2.1%
CARDINAL FINANCIAL $5,510,000 $6,920,000 25.6% 1.8%
GENEVA FINANCIAL, LLC $6,250,000 $6,905,000 10.5% 1.8%
PNC Bank $11,070,000 $6,005,000 -45.8% 1.6%
First Federal Savings Bank $4,210,000 $5,480,000 30.2% 1.5%
The Huntington National Bank $3,055,000 $5,270,000 72.5% 1.4%
GVC MORTGAGE, INC. $3,165,000 $5,060,000 59.9% 1.3%
Northwest Bank $12,675,000 $4,945,000 -61.0% 1.3%
HALLMARK HOME MORTGAGE, LLC $6,330,000 $4,470,000 -29.4% 1.2%
Mortgage Research Center, LLC $2,315,000 $4,290,000 85.3% 1.1%
THRIVE MORTGAGE, LLC $930,000 $4,045,000 334.9% 1.1%
Fifth Third Bank $4,010,000 $3,590,000 -10.5% 1.0%
First State Bank of Middlebury $2,860,000 $3,060,000 7.0% 0.8%
Merchants Bank of Indiana $13,315,000 $2,905,000 -78.2% 0.8%
MOVEMENT MORTGAGE, LLC $870,000 $2,840,000 226.4% 0.8%
STAR Financial Bank $4,030,000 $2,765,000 -31.4% 0.7%
First Merchants Bank $5,680,000 $2,735,000 -51.8% 0.7%
Union Savings Bank $3,110,000 $2,540,000 -18.3% 0.7%
The National Bank of Indianapolis $730,000 $2,275,000 211.6% 0.6%
Old National Bank $4,300,000 $2,270,000 -47.2% 0.6%
Morgan Stanley Private Bank $2,655,000 $2,205,000 -16.9% 0.6%
PARTNERS 1ST Federal Credit Union $430,000 $2,090,000 386.0% 0.6%
The Campbell & Fetter Bank $1,620,000 $2,065,000 27.5% 0.5%
UNION HOME MORTGAGE CORP. $1,230,000 $2,010,000 63.4% 0.5%
NEWREZ LLC $1,215,000 $1,925,000 58.4% 0.5%
Farm Credit Mid-America, ACA $2,225,000 $1,915,000 -13.9% 0.5%
BEACON CREDIT UNION $4,530,000 $1,900,000 -58.1% 0.5%
KeyBank $4,390,000 $1,640,000 -62.6% 0.4%
NAVY FEDERAL CREDIT UNION $2,075,000 $1,640,000 -21.0% 0.4%
Wells Fargo Bank $1,300,000 $1,635,000 25.8% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $1,420,000 $1,605,000 13.0% 0.4%
JPMorgan Chase Bank $7,300,000 $1,545,000 -78.8% 0.4%
Arbor Realty Trust, Inc. $1,525,000 n/a 0.4%
The Peoples State Bank $1,525,000 n/a 0.4%
Centier Bank $900,000 $1,510,000 67.8% 0.4%
FREEDOM MORTGAGE CORPORATION $2,075,000 $1,415,000 -31.8% 0.4%
State Bank of Lizton $1,300,000 n/a 0.3%
U.S. Bank $2,590,000 $1,295,000 -50.0% 0.3%
PENNYMAC LOAN SERVICES, LLC $2,715,000 $1,235,000 -54.5% 0.3%
CALIBER HOME LOANS, INC. $1,525,000 $1,175,000 -23.0% 0.3%
LOANDEPOT.COM, LLC $2,665,000 $1,165,000 -56.3% 0.3%
Toyota Financial Savings Bank $1,090,000 n/a 0.3%
Carrington Mortgage Services, LLC $1,280,000 $1,050,000 -18.0% 0.3%
ROYAL UNITED MORTGAGE LLC $370,000 $970,000 162.2% 0.3%
VAN DYK MORTGAGE CORPORATION $135,000 $965,000 614.8% 0.3%
Farmers and Merchants Bank $1,330,000 $945,000 -28.9% 0.3%
ACADEMY MORTGAGE CORPORATION $2,300,000 $915,000 -60.2% 0.2%
AMERISAVE MORTGAGE CORPORATION $1,215,000 $910,000 -25.1% 0.2%
MIDWEST AMERICA $375,000 $905,000 141.3% 0.2%
ON Q FINANCIAL, INC. $900,000 n/a 0.2%
INDIANA MEMBERS CREDIT UNION $185,000 $875,000 373.0% 0.2%
GUARANTEED RATE, INC. $1,675,000 $870,000 -48.1% 0.2%
Dollar Bank, Federal Savings Bank $845,000 n/a 0.2%
TRIAD FINANCIAL SERVICES, INC. $1,175,000 $795,000 -32.3% 0.2%
Notre Dame Federal Credit Union Corporation $1,460,000 $790,000 -45.9% 0.2%
FORUM Credit Union $510,000 $785,000 53.9% 0.2%
CHURCHILL MORTGAGE CORPORATION $280,000 $775,000 176.8% 0.2%
MICHIGAN MUTUAL, INC. $330,000 $725,000 119.7% 0.2%
Discover Bank $375,000 $700,000 86.7% 0.2%
INOVA FEDERAL CREDIT UNION $55,000 $690,000 1,154.5% 0.2%
Barrington Bank & Trust Company, N.A. $645,000 n/a 0.2%
Town Square Mortgage & Investments, Inc. $645,000 n/a 0.2%
Citizens Bank $95,000 $620,000 552.6% 0.2%
POLARIS HOME FUNDING CORP. $595,000 n/a 0.2%
TECH Credit Union $595,000 n/a 0.2%
Mortgage Assurance Inc. $840,000 $590,000 -29.8% 0.2%
ENDEAVOR CAPITAL, LLC. $710,000 $545,000 -23.2% 0.1%
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $525,000 n/a 0.1%
EVANSVILLE TEACHERS $25,000 $510,000 1,940.0% 0.1%
Stifel Bank and Trust $4,240,000 $505,000 -88.1% 0.1%
ProFed Federal Credit Union $1,325,000 $470,000 -64.5% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $550,000 $460,000 -16.4% 0.1%
Neighborhood Loans, Inc. $75,000 $450,000 500.0% 0.1%
21ST MORTGAGE CORPORATION $1,195,000 $445,000 -62.8% 0.1%
CrossFirst Bank $445,000 n/a 0.1%
PURDUE FEDERAL CREDIT UNION $435,000 n/a 0.1%
Associated Bank $285,000 $430,000 50.9% 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $425,000 n/a 0.1%
Mr. Cooper ( Nationstar Mortgage ) $1,925,000 $425,000 -77.9% 0.1%
Nations Lending Corporation $325,000 $425,000 30.8% 0.1%
Citizens State Bank of New Castle $415,000 n/a 0.1%
AMERICAN FINANCING CORPORATION $1,275,000 $405,000 -68.2% 0.1%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $605,000 $405,000 -33.1% 0.1%
EMM LOANS LLC $400,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $195,000 $385,000 97.4% 0.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $830,000 $380,000 -54.2% 0.1%
USAA Federal Savings Bank $775,000 $380,000 -51.0% 0.1%
EVERETT FINANCIAL, INC. $1,920,000 $375,000 -80.5% 0.1%
F&A Federal Credit Union $365,000 n/a 0.1%
BMO Harris Bank $505,000 $355,000 -29.7% 0.1%
LEADERONE FINANCIAL CORPORATION $355,000 n/a 0.1%
Marine Bank $345,000 n/a 0.1%
OCEANSIDE MORTGAGE COMPANY $410,000 $340,000 -17.1% 0.1%
Regions Bank $1,380,000 $335,000 -75.7% 0.1%
ALLIED MORTGAGE GROUP, INC. $330,000 n/a 0.1%
CNB Bank And Trust, N.A. $325,000 n/a 0.1%
First Financial Bank $1,400,000 $325,000 -76.8% 0.1%
LAKE MICHIGAN CREDIT UNION $325,000 n/a 0.1%
SOUTHWEST STAGE FUNDING, LLC $325,000 n/a 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $320,000 n/a 0.1%
COMPASS MORTGAGE, INC. $645,000 $305,000 -52.7% 0.1%
RBC Bank, (Georgia) $295,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $370,000 $295,000 -20.3% 0.1%
V.I.P. MORTGAGE, INC. $400,000 $295,000 -26.3% 0.1%
Glenwood State Bank $275,000 n/a 0.1%
NexBank $275,000 n/a 0.1%
MID AMERICA MORTGAGE, INC. $5,480,000 $265,000 -95.2% 0.1%
Truist $55,000 $250,000 354.5% 0.1%
Farmers State Bank $625,000 $245,000 -60.8% 0.1%
MYCUMORTGAGE, LLC $245,000 n/a 0.1%
Peoples Bank $245,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $695,000 $245,000 -64.7% 0.1%
LAKEVIEW LOAN SERVICING, LLC $135,000 $240,000 77.8% 0.1%
PULTE MORTGAGE LLC $235,000 n/a 0.1%
STOCKTON MORTGAGE CORPORATION $715,000 $235,000 -67.1% 0.1%
Stock Yards Bank & Trust Company $235,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $230,000 n/a 0.1%
VILLAGE CAPITAL MORTGAGE $75,000 $225,000 200.0% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $610,000 $220,000 -63.9% 0.1%
TUCKER MORTGAGE, LLC $215,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $245,000 $205,000 -16.3% 0.1%
Charles Schwab Bank, SSB $2,195,000 $205,000 -90.7% 0.1%
MEMBER FIRST MORTGAGE, LLC $115,000 $205,000 78.3% 0.1%
BETTER MORTGAGE CORPORATION $315,000 $195,000 -38.1% 0.1%
Figure Lending LLC $115,000 $195,000 69.6% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $185,000 n/a 0.0%
First Farmers Bank and Trust Company $2,255,000 $175,000 -92.2% 0.0%
DEEPHAVEN MORTGAGE LLC $165,000 n/a 0.0%
First Internet Bank of Indiana $115,000 $165,000 43.5% 0.0%
Mid-Continent Funding, Inc. $165,000 n/a 0.0%
M&T Bank $165,000 n/a 0.0%
NATIONS RELIABLE LENDING, LLC $165,000 n/a 0.0%
PLAZA HOME MORTGAGE, INC. $165,000 n/a 0.0%
South State Bank $165,000 n/a 0.0%
The State Bank and Trust Company $125,000 $155,000 24.0% 0.0%
MJW Financial LLC $615,000 $145,000 -76.4% 0.0%
NUMARK CREDIT UNION $145,000 n/a 0.0%
The North Salem State Bank $145,000 n/a 0.0%
LENDINGHOME FUNDING CORPORATION $95,000 $135,000 42.1% 0.0%
BROKER SOLUTIONS, INC. $515,000 $130,000 -74.8% 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $205,000 $125,000 -39.0% 0.0%
POINT Mortgage $125,000 n/a 0.0%
SPRING EQ, LLC $165,000 $120,000 -27.3% 0.0%
ALLIANT CREDIT UNION $25,000 $105,000 320.0% 0.0%
Bank of America $2,725,000 $105,000 -96.1% 0.0%
Bank of England $105,000 n/a 0.0%
Deere Employees Credit Union $305,000 $105,000 -65.6% 0.0%
First Bank of Berne $480,000 $105,000 -78.1% 0.0%
HONDA Federal Credit Union $105,000 n/a 0.0%
Northpointe Bank $425,000 $105,000 -75.3% 0.0%
PHH Mortgage Corporation $255,000 $105,000 -58.8% 0.0%
LOANPAL, LLC $155,000 $95,000 -38.7% 0.0%
Third Federal Savings and Loan Association of Cleveland $255,000 $90,000 -64.7% 0.0%
WesBanco $85,000 n/a 0.0%
Honor Credit Union $75,000 n/a 0.0%
Paramount Residential Mortgage Group, Inc. $75,000 n/a 0.0%
Bethpage Federal Credit Union $65,000 n/a 0.0%
GEORGIA'S OWN $55,000 n/a 0.0%
The Farmers & Merchants State Bank $360,000 $45,000 -87.5% 0.0%
Flagstar Bank, FSB $1,335,000 $35,000 -97.4% 0.0%
FORT FINANCIAL Federal Credit Union $390,000 $35,000 -91.0% 0.0%
GREENSTATE CREDIT UNION $35,000 n/a 0.0%

Warsaw's top lender by overall market share is Lake City Bank, with 15.0% market share. In second place, with 7.8%, is RUOFF MORTGAGE COMPANY, INC., having originated $29,475,000 in loans. In third place, with 7.3%, is Horizon Bank, having originated $27,395,000 in loans. In fourth place, with 6.7%, is First Federal Savings Bank, having originated $25,270,000 in loans. In fifth place, with 3.7%, is AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC, having originated $13,880,000 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 (17.9%) $357,713 (17.9%) 0.00 298
2018-02-01 $225,950 (6.8%) $352,718 (4.7%) 0.00 301
2018-03-01 $249,900 (11.1%) $367,955 (3.9%) 0.00 312
2018-04-01 $269,375 (11.7%) $386,852 (-0.8%) 0.00 336
2018-05-01 $258,850 (6.8%) $388,138 (-2.9%) 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%) $343,820 (0.2%) 0.00 367
2018-10-01 $219,900 (0.0%) $328,106 (-2.5%) 0.00 342
2018-11-01 $221,200 (-4.8%) $312,583 (-10.1%) 0.00 280
2018-12-01 $214,900 (-8.6%) $310,159 (-11.2%) 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%) $353,055 (-4.1%) 0.00 232
2019-04-01 $258,450 (-4.1%) $395,773 (2.3%) 0.00 232
2019-05-01 $257,425 (-0.6%) $395,800 (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 (16.2%) 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 (-0.1%) 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%) $418,455 (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
2023-03-01 $351,450 (12.3%) $573,533 (12.5%) 0.00 87
2023-04-01 $350,400 (3.1%) $542,075 (-5.1%) 0.00 96
2023-05-01 $362,200 (13.3%) $557,824 (4.4%) 0.00 99
2023-06-01 $350,650 (3.6%) $531,011 (3.6%) 0.00 109
2023-07-01 $350,900 (10.0%) $458,783 (3.7%) 0.00 126
2023-08-01 $335,750 (5.8%) $430,325 (0.3%) 0.00 130
2023-09-01 $319,900 (-8.5%) $415,551 (-5.0%) 0.00 147
2023-10-01 $299,900 (-9.1%) $407,161 (-4.9%) 0.00 152
2023-11-01 $299,700 (-7.8%) $402,060 (-19.3%) 0.00 158
2023-12-01 $299,950 (-11.0%) $425,786 (-14.3%) 0.00 134
2024-01-01 $305,022 (-8.6%) $405,223 (-14.6%) 0.00 106
2024-02-01 $322,850 (-4.3%) $433,498 (-10.2%) 0.00 109
2024-03-01 $344,950 (-1.9%) $439,747 (-23.3%) 0.00 124
Warsaw's median listing price for 2024-03-01 was $344,950, a difference of $-6,500 (-1.9%) versus the prior year and $22,100 versus the prior month.

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

Warsaw's average listing price for 2024-03-01 was $439,747, a difference of $-133,786 (-23.3%) versus the prior year and $6,249 versus the prior month.

For the 2024-03-01 period, Warsaw had 124 MLS listings, a difference of 15 listings (14%) versus the prior month and 37 listings (43%) 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 1,925 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 1,996 sqft
2020-09-01 0 days 2,010 sqft
2020-10-01 0 days 1,966 sqft
2020-11-01 0 days 1,910 sqft
2020-12-01 0 days 1,883 sqft
2021-01-01 0 days 1,779 sqft
2021-02-01 0 days 1,870 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
2023-03-01 0 days 2,060 sqft
2023-04-01 0 days 2,092 sqft
2023-05-01 0 days 2,116 sqft
2023-06-01 0 days 2,048 sqft
2023-07-01 0 days 2,011 sqft
2023-08-01 0 days 1,904 sqft
2023-09-01 0 days 1,914 sqft
2023-10-01 0 days 1,867 sqft
2023-11-01 0 days 1,778 sqft
2023-12-01 0 days 1,760 sqft
2024-01-01 0 days 1,794 sqft
2024-02-01 0 days 1,846 sqft
2024-03-01 0 days 1,932 sqft
Warsaw's median listing age (time on market) for 2024-03-01 was 0 days.

Warsaw's median square footage for active listings during the 2024-03-01 period was 1,932 sqft. One year prior, the average listing was 2,060 sqft.

Warsaw, IN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 941 $231,265,000 $245,765
Other 296 $35,560,000 $120,135
Cash Out Refi 291 $41,675,000 $143,213
Refi 266 $44,940,000 $168,947
Home Improvement 196 $23,480,000 $119,796

Warsaw's most frequently cited loan purpose was Home Purchase, with 941 originations. The 2nd most popular reason was Other, with 296 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
Over 8% 607 $65,885,000 $108,542
7-8% 606 $118,750,000 $195,957
6-7% 562 $148,140,000 $263,594
5-6% 136 $29,020,000 $213,382
<2.5% 40 $1,850,000 $46,250
4-5% 13 $3,865,000 $297,308
2.5-3% 3 $305,000 $101,667
3-4% 1 $25,000 $25,000

During 2023, Warsaw's most frequently originated rate bucket was Over 8%, with 607 originations.

Loan Sizing (Warsaw, IN MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 761 $37,705,000 $49,547
$100k-200k 619 $91,905,000 $148,473
$200k-400k 475 $129,115,000 $271,821
$400k-600k 75 $35,055,000 $467,400
$600k-1000k 30 $20,740,000 $691,333
$Over $1MM 30 $62,400,000 $2,080,000

Warsaw's loan sizing saw the bucket of loans from $100,000 or less with 761 originations, totaling $37,705,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 607 $149,715,000 $246,647
Under 20% 430 $29,650,000 $68,953
60-80% 371 $111,275,000 $299,933
20-40% 328 $34,960,000 $106,585
40-60% 202 $38,720,000 $191,683
Over 100% 8 $2,410,000 $301,250

Warsaw's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 607 originations, totaling $149,715,000 in origination value.