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 6.93% for the week of 2023-09-21, compared to the national average of 7.19% for the same period.

The average rate for the prior week (2023-09-14) was 7.02% and one month ago for the week of 2023-08-17, the average rate was 7.23%.

Warsaw's average rate one year ago was 5.76%.

For refis of the same type during the week of 2023-09-21, the average rate was 6.65%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-09-21 7.19%
Warsaw 30 Year Fixed Rate 2023-09-21 6.93%
Warsaw 30 Year Fixed Rate Refi 2023-09-21 6.65%
Warsaw 15 Year Fixed Rate 2023-09-21 6.44%
Warsaw 15 Year Fixed Rate Refi 2023-09-21 6.74%
Warsaw 30 Year FHA 2023-09-21 6.77%
Warsaw 30 Year FHA Refi 2023-09-21 6.84%
Warsaw 30 Year USDA 2023-09-21 7.22%
Warsaw 30 Year USDA Refi 2023-09-21 7.12%
Warsaw 30 Year VA 2023-09-21 6.72%
Warsaw 30 Year VA Refi 2023-09-21 7.02%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
RUOFF MORTGAGE COMPANY, INC. 144 5.19% $2,985
First Federal Savings Bank 91 5.04% $3,463
Lake City Bank 58 4.87% $3,101
TEACHERS CREDIT UNION 40 5.41% $2,509
QUICKEN LOANS, LLC 37 4.96% $5,445
UNITED WHOLESALE MORTGAGE, LLC 30 4.99% $4,765
INTERRA CREDIT UNION 30 4.86% $2,703
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 29 5.50% $5,453
1st Source Bank 27 4.93% $3,687
Crossroads Bank 27 4.94% $1,804
Northwest Bank 19 5.40% $3,202
AMERICAN MORTGAGE SERVICE COMPANY 18 4.83% $2,592
Horizon Bank 18 5.19% $2,449
JPMorgan Chase Bank 15 4.76% $3,431
BEACON CREDIT UNION 15 4.66% $2,124
GENEVA FINANCIAL, LLC 15 6.54% $4,819
Three Rivers Federal Credit Union 11 4.61% $2,381
HALLMARK HOME MORTGAGE, LLC 11 5.15% $4,182
CARDINAL FINANCIAL 11 5.71% $4,800
First Federal Savings Bank 10 5.74% $2,550
Union Savings Bank 10 3.76% $1,320
GVC MORTGAGE, INC. 10 5.17% $3,370
KeyBank 9 4.79% $2,682
MID AMERICA MORTGAGE, INC. 9 5.19% $3,675
FREEDOM MORTGAGE CORPORATION 8 5.12% $4,638
Farm Credit Mid-America, ACA 7 6.02% $5,034
PENNYMAC LOAN SERVICES, LLC 7 5.14% $6,030
LOANDEPOT.COM, LLC 7 4.96% $6,488
Fifth Third Bank 7 4.94% $5,352
Mr. Cooper ( Nationstar Mortgage ) 6 5.08% $5,123
The Huntington National Bank 6 5.10% $3,110
ACADEMY MORTGAGE CORPORATION 6 5.21% $3,049
PNC Bank 5 4.78% $3,408
Old National Bank 5 4.00% $2,477
UNION HOME MORTGAGE CORP. 5 4.88% $3,500
First State Bank of Middlebury 5 5.10% $2,255
First Merchants Bank 5 4.90% $2,715
STAR Financial Bank 5 4.40% $2,803
First Farmers Bank and Trust Company 4 4.56% $1,990
AMERICAN FINANCING CORPORATION 4 3.75% $3,762
Wells Fargo Bank 4 5.41% $4,186
Flagstar Bank, FSB 4 4.64% $4,234
ProFed Federal Credit Union 4 5.13% $2,351
Stifel Bank and Trust 4 3.44% $2,554
THRIVE MORTGAGE, LLC 4 6.56% $3,608
AMERISAVE MORTGAGE CORPORATION 4 4.25% $5,393
GUARANTEED RATE, INC. 4 4.81% $2,706
ZILLOW HOME LOANS, LLC 3 5.92% $3,189
Bank of America 3 3.38% $4,247
Carrington Mortgage Services, LLC 3 4.33% $6,945
First Financial Bank 3 5.88% $3,770
Morgan Stanley Private Bank 3 3.73% $2,935
Mortgage Assurance Inc. 3 5.17% $3,837
NEWREZ LLC 3 4.46% $4,534
Notre Dame Federal Credit Union Corporation 3 6.38% $3,894
ROYAL UNITED MORTGAGE LLC 3 5.67% $6,256
UBS Bank USA 3 4.21% $3,439
U.S. Bank 3 5.54% $1,312
The Farmers & Merchants State Bank 2 5.73% $2,419
CALIBER HOME LOANS, INC. 2 3.44% $5,642
EVERETT FINANCIAL, INC. 2 5.69% $2,475
BROKER SOLUTIONS, INC. 2 5.43% $6,217
USAA Federal Savings Bank 2 4.94% $2,413
MICHIGAN MUTUAL, INC. 2 5.50% $2,980
Ally Bank 2 4.56% $2,440
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 2 7.06% $5,251
Farmers State Bank 2 5.68% $2,689
MOVEMENT MORTGAGE, LLC 2 6.44% $3,611
Charles Schwab Bank, SSB 2 3.31% $3,945
First Federal Bank of the Midwest 2 6.56% $2,408
STOCKTON MORTGAGE CORPORATION 2 7.50% $5,751
Centier Bank 2 3.88% $2,493
FIRST CENTENNIAL MORTGAGE CORPORATION 2 4.44% $2,307
HOME POINT FINANCIAL CORPORATION 2 6.25% $10,879
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 5.13% $5,280
Mortgage Research Center, LLC 1 5.88% $1,467
Credit Union 1 1 6.25% $4,442
Neighborhood Loans, Inc. 1 4.50% $2,804
NETWORK CAPITAL FUNDING CORPORATION 1 6.38% $7,348
UNIVERSITY LENDING GROUP, LLC 1 3.99% $5,695
Northpointe Bank 1 3.88% $2,203
COMPEER FINANCIAL, FLCA 1 5.75% $2,720
COMPASS MORTGAGE, INC. 1 4.38% $3,205
OPEN MORTGAGE, LLC 1 3.75% $3,758
Community First Bank of Indiana 1 6.50% $2,176
PHH Mortgage Corporation 1 4.38% $10,286
CLEARPATH LENDING 1 3.88% $16,240
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 5.63% $3,939
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.63% $3,664
Citadel Servicing Corporation 1 7.63% $5,225
CHURCHILL MORTGAGE CORPORATION 1 6.50% $5,298
QUORUM FEDERAL CREDIT UNION 1 5.00% $2,682
Raymond James Bank 1 4.75% $1,985
Regions Bank 1 4.75% $3,194
21ST MORTGAGE CORPORATION 1 9.65% $2,577
Chiphone Federal Credit Union 1 4.13% $2,642
Solidarity Community Federal Credit Union 1 6.25% $6,750
Chicago Mortgage Solutions LLC 1 6.14% $2,783
The National Bank of Indianapolis 1 5.75% $2,335
BETTER MORTGAGE CORPORATION 1 3.38% $8,583
TOWNE MORTGAGE COMPANY 1 4.75% $5,163
Atlantic Union Bank 1 6.13% $3,700
Associated Bank 1 5.38% $4,621
First Internet Bank of Indiana 1 4.38% $2,645
FORUM Credit Union 1 4.88% $3,674
First Federal Bank 1 5.00% $3,940
FIRST COMMUNITY MORTGAGE, INC. 1 7.50% $5,367
First Bank of Berne 1 5.38% $2,141
HOMESIDE FINANCIAL, LLC 1 6.13% $3,418
INDIANA MEMBERS CREDIT UNION 1 4.25% $2,200
INLAND BANK & TRUST 1 5.88% $2,568
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.25% $2,798
KELLER MORTGAGE, LLC 1 5.63% $1,349
ENDEAVOR CAPITAL, LLC. 1 3.13% $7,232
Lend Smart Mortgage, LLC 1 5.88% $10,278
Liberty Savings Bank, F.S.B. 1 5.38% $6,490
Deere Employees Credit Union 1 2.13% $2,548
Loan Simple, Inc. 1 4.62% $5,749
MEMBER FIRST MORTGAGE, LLC 1 5.88% $2,830
CROSSCOUNTRY MORTGAGE, LLC 1 2.88% $4,624
MIDWEST AMERICA 1 6.50% $2,399
MJW Financial LLC 1 5.38% $2,454
United Community Bank 1 4.28% $1,715

Warsaw Average Closing Costs & Other Stats

Warsaw, IN's 123 lenders originated 2,629 loans during 2022. The total origination value was $516,505,000, with an average loan value of $196,464.

Warsaw's average closing costs are $3,455.

The top Warsaw lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with 144 loans originated. Their average total fees are $2,985, which is $478 lower than the next largest lender, First Federal Savings Bank.

The lowest fee Warsaw lenders (with over 10 loans originated) are Union Savings Bank ($1,320), Crossroads Bank ($1,804), BEACON CREDIT UNION ($2,124), Three Rivers Federal Credit Union ($2,381) and Horizon Bank ($2,449).

The lowest rate Warsaw lenders (with over 10 loans originated) are Union Savings Bank (3.76%), Three Rivers Federal Credit Union (4.61%), BEACON CREDIT UNION (4.66%), JPMorgan Chase Bank (4.76%) and AMERICAN MORTGAGE SERVICE COMPANY (4.83%).

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
Lake City Bank $71,300,000 $67,295,000 -5.6% 13.0%
RUOFF MORTGAGE COMPANY, INC. $103,700,000 $48,450,000 -53.3% 9.4%
First Federal Savings Bank $15,050,000 $40,060,000 166.2% 7.8%
Horizon Bank $9,505,000 $27,740,000 191.8% 5.4%
Crossroads Bank $20,195,000 $18,535,000 -8.2% 3.6%
1st Source Bank $28,965,000 $18,255,000 -37.0% 3.5%
INTERRA CREDIT UNION $18,755,000 $16,990,000 -9.4% 3.3%
QUICKEN LOANS, LLC $33,555,000 $15,440,000 -54.0% 3.0%
Merchants Bank of Indiana $2,320,000 $13,315,000 473.9% 2.6%
Northwest Bank $25,000,000 $12,675,000 -49.3% 2.5%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $17,215,000 $12,600,000 -26.8% 2.4%
TEACHERS CREDIT UNION $18,810,000 $11,200,000 -40.5% 2.2%
PNC Bank $15,705,000 $11,070,000 -29.5% 2.1%
UNITED WHOLESALE MORTGAGE, LLC $18,930,000 $9,185,000 -51.5% 1.8%
Three Rivers Federal Credit Union $219,340,000 $8,445,000 -96.1% 1.6%
JPMorgan Chase Bank $12,990,000 $7,300,000 -43.8% 1.4%
HALLMARK HOME MORTGAGE, LLC $7,295,000 $6,330,000 -13.2% 1.2%
GENEVA FINANCIAL, LLC $6,250,000 n/a 1.2%
First Merchants Bank $6,300,000 $5,680,000 -9.8% 1.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $7,890,000 $5,510,000 -30.2% 1.1%
MID AMERICA MORTGAGE, INC. $6,215,000 $5,480,000 -11.8% 1.1%
AMERICAN MORTGAGE SERVICE COMPANY $9,655,000 $4,815,000 -50.1% 0.9%
BEACON CREDIT UNION $6,730,000 $4,530,000 -32.7% 0.9%
KeyBank $13,450,000 $4,390,000 -67.4% 0.8%
Old National Bank $7,660,000 $4,300,000 -43.9% 0.8%
Stifel Bank and Trust $2,005,000 $4,240,000 111.5% 0.8%
First Federal Savings Bank $15,050,000 $4,210,000 -72.0% 0.8%
STAR Financial Bank $3,520,000 $4,030,000 14.5% 0.8%
Fifth Third Bank $3,720,000 $4,010,000 7.8% 0.8%
GVC MORTGAGE, INC. $3,345,000 $3,165,000 -5.4% 0.6%
Union Savings Bank $4,250,000 $3,110,000 -26.8% 0.6%
The Huntington National Bank $5,935,000 $3,055,000 -48.5% 0.6%
First State Bank of Middlebury $3,550,000 $2,860,000 -19.4% 0.6%
Bank of America $3,735,000 $2,725,000 -27.0% 0.5%
PENNYMAC LOAN SERVICES, LLC $3,235,000 $2,715,000 -16.1% 0.5%
LOANDEPOT.COM, LLC $10,410,000 $2,665,000 -74.4% 0.5%
Morgan Stanley Private Bank $555,000 $2,655,000 378.4% 0.5%
U.S. Bank $3,035,000 $2,590,000 -14.7% 0.5%
UBS Bank USA $2,415,000 n/a 0.5%
Mortgage Research Center, LLC $3,765,000 $2,315,000 -38.5% 0.4%
ACADEMY MORTGAGE CORPORATION $1,155,000 $2,300,000 99.1% 0.4%
First Farmers Bank and Trust Company $2,260,000 $2,255,000 -0.2% 0.4%
Farm Credit Mid-America, ACA $3,980,000 $2,225,000 -44.1% 0.4%
Charles Schwab Bank, SSB $2,195,000 n/a 0.4%
FREEDOM MORTGAGE CORPORATION $11,735,000 $2,075,000 -82.3% 0.4%
NAVY FEDERAL CREDIT UNION $2,835,000 $2,075,000 -26.8% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $3,780,000 $1,925,000 -49.1% 0.4%
EVERETT FINANCIAL, INC. $205,000 $1,920,000 836.6% 0.4%
GUARANTEED RATE, INC. $6,665,000 $1,675,000 -74.9% 0.3%
The Campbell & Fetter Bank $3,035,000 $1,620,000 -46.6% 0.3%
CALIBER HOME LOANS, INC. $9,650,000 $1,525,000 -84.2% 0.3%
Notre Dame Federal Credit Union Corporation $1,420,000 $1,460,000 2.8% 0.3%
CROSSCOUNTRY MORTGAGE, LLC $3,775,000 $1,420,000 -62.4% 0.3%
First Financial Bank $2,160,000 $1,400,000 -35.2% 0.3%
Regions Bank $65,000 $1,380,000 2,023.1% 0.3%
Flagstar Bank, FSB $3,655,000 $1,335,000 -63.5% 0.3%
Farmers and Merchants Bank $1,330,000 n/a 0.3%
ProFed Federal Credit Union $2,160,000 $1,325,000 -38.7% 0.3%
Wells Fargo Bank $7,670,000 $1,300,000 -83.1% 0.3%
Carrington Mortgage Services, LLC $990,000 $1,280,000 29.3% 0.2%
AMERICAN FINANCING CORPORATION $1,555,000 $1,275,000 -18.0% 0.2%
UNION HOME MORTGAGE CORP. $5,990,000 $1,230,000 -79.5% 0.2%
AMERISAVE MORTGAGE CORPORATION $5,160,000 $1,215,000 -76.5% 0.2%
NEWREZ LLC $3,200,000 $1,215,000 -62.0% 0.2%
21ST MORTGAGE CORPORATION $1,285,000 $1,195,000 -7.0% 0.2%
TRIAD FINANCIAL SERVICES, INC. $190,000 $1,175,000 518.4% 0.2%
The Garrett State Bank $485,000 $1,030,000 112.4% 0.2%
FIRST CHOICE MH LLC $745,000 $985,000 32.2% 0.2%
THRIVE MORTGAGE, LLC $355,000 $930,000 162.0% 0.2%
Loan Simple, Inc. $570,000 $910,000 59.6% 0.2%
Centier Bank $2,410,000 $900,000 -62.7% 0.2%
MOVEMENT MORTGAGE, LLC $870,000 n/a 0.2%
Mortgage Assurance Inc. $685,000 $840,000 22.6% 0.2%
ZILLOW HOME LOANS, LLC $490,000 $835,000 70.4% 0.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,040,000 $830,000 -59.3% 0.2%
HOME POINT FINANCIAL CORPORATION $1,670,000 $820,000 -50.9% 0.2%
USAA Federal Savings Bank $1,430,000 $775,000 -45.8% 0.2%
CLEARPATH LENDING $185,000 $745,000 302.7% 0.1%
The National Bank of Indianapolis $1,600,000 $730,000 -54.4% 0.1%
STOCKTON MORTGAGE CORPORATION $715,000 n/a 0.1%
ENDEAVOR CAPITAL, LLC. $165,000 $710,000 330.3% 0.1%
TOP FLITE FINANCIAL, INC. $115,000 $695,000 504.3% 0.1%
American Community Bank of Indiana $1,320,000 $645,000 -51.1% 0.1%
COMPASS MORTGAGE, INC. $2,525,000 $645,000 -74.5% 0.1%
First Federal Bank of the Midwest $3,895,000 $645,000 -83.4% 0.1%
Farmers State Bank $1,445,000 $625,000 -56.7% 0.1%
MJW Financial LLC $430,000 $615,000 43.0% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $1,000,000 $610,000 -39.0% 0.1%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $3,280,000 $605,000 -81.6% 0.1%
UNITED $190,000 $605,000 218.4% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $360,000 $560,000 55.6% 0.1%
FIRST CENTENNIAL MORTGAGE CORPORATION $550,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $550,000 n/a 0.1%
BROKER SOLUTIONS, INC. $5,300,000 $515,000 -90.3% 0.1%
Ally Bank $1,035,000 $510,000 -50.7% 0.1%
FORUM Credit Union $1,345,000 $510,000 -62.1% 0.1%
BMO Harris Bank $505,000 n/a 0.1%
Raymond James Bank $335,000 $495,000 47.8% 0.1%
First Bank of Berne $85,000 $480,000 464.7% 0.1%
The Federal Savings Bank $910,000 $460,000 -49.5% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,360,000 $450,000 -66.9% 0.1%
PARTNERS 1ST Federal Credit Union $980,000 $430,000 -56.1% 0.1%
Northpointe Bank $1,445,000 $425,000 -70.6% 0.1%
OCEANSIDE MORTGAGE COMPANY $540,000 $410,000 -24.1% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $800,000 $400,000 -50.0% 0.1%
V.I.P. MORTGAGE, INC. $1,490,000 $400,000 -73.2% 0.1%
FORT FINANCIAL Federal Credit Union $110,000 $390,000 254.5% 0.1%
PENTAGON FEDERAL CREDIT UNION $1,310,000 $390,000 -70.2% 0.1%
Discover Bank $100,000 $375,000 275.0% 0.1%
MIDWEST AMERICA $1,800,000 $375,000 -79.2% 0.1%
RELIANCE FIRST CAPITAL, LLC $850,000 $370,000 -56.5% 0.1%
ROYAL UNITED MORTGAGE LLC $970,000 $370,000 -61.9% 0.1%
The Home National Bank of Thorntown $365,000 n/a 0.1%
The Farmers & Merchants State Bank $525,000 $360,000 -31.4% 0.1%
EMBRACE HOME LOANS, INC. $330,000 n/a 0.1%
MICHIGAN MUTUAL, INC. $955,000 $330,000 -65.4% 0.1%
Nations Lending Corporation $455,000 $325,000 -28.6% 0.1%
BETTER MORTGAGE CORPORATION $5,290,000 $315,000 -94.0% 0.1%
Deere Employees Credit Union $305,000 n/a 0.1%
Associated Bank $245,000 $285,000 16.3% 0.1%
CHURCHILL MORTGAGE CORPORATION $805,000 $280,000 -65.2% 0.1%
Residential Mortgage Solutions, Inc. $275,000 n/a 0.1%
Community First Bank of Indiana $700,000 $265,000 -62.1% 0.1%
KELLER MORTGAGE, LLC $580,000 $265,000 -54.3% 0.1%
NEW DAY FINANCIAL, LLC $775,000 $265,000 -65.8% 0.1%
PHH Mortgage Corporation $160,000 $255,000 59.4% 0.0%
Third Federal Savings and Loan Association of Cleveland $255,000 n/a 0.0%
AmeriHome Mortgage Company, LLC $840,000 $245,000 -70.8% 0.0%
Credit Union 1 $245,000 n/a 0.0%
First Federal Bank $245,000 n/a 0.0%
INLAND BANK & TRUST $145,000 $245,000 69.0% 0.0%
Lend Smart Mortgage, LLC $245,000 n/a 0.0%
Liberty Savings Bank, F.S.B. $590,000 $245,000 -58.5% 0.0%
UNITED MORTGAGE CORP. $235,000 n/a 0.0%
UNIVERSITY LENDING GROUP, LLC $225,000 n/a 0.0%
NETWORK CAPITAL FUNDING CORPORATION $215,000 n/a 0.0%
United Community Bank $215,000 n/a 0.0%
Elements Financial Federal Credit Union $2,410,000 $210,000 -91.3% 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $400,000 $205,000 -48.8% 0.0%
NATIONS DIRECT MORTGAGE, LLC $205,000 n/a 0.0%
OPEN MORTGAGE, LLC $290,000 $205,000 -29.3% 0.0%
PLANET HOME LENDING, LLC $205,000 $205,000 0.0% 0.0%
TOWNE MORTGAGE COMPANY $220,000 $205,000 -6.8% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $195,000 n/a 0.0%
INDIANA MEMBERS CREDIT UNION $410,000 $185,000 -54.9% 0.0%
Solidarity Community Federal Credit Union $185,000 n/a 0.0%
First National Bank of America $180,000 n/a 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $215,000 $175,000 -18.6% 0.0%
COMPEER FINANCIAL, FLCA $175,000 n/a 0.0%
CMG MORTGAGE, INC. $125,000 $165,000 32.0% 0.0%
FINANCE OF AMERICA MORTGAGE LLC $165,000 n/a 0.0%
QUORUM FEDERAL CREDIT UNION $165,000 n/a 0.0%
SPRING EQ, LLC $25,000 $165,000 560.0% 0.0%
LOANPAL, LLC $155,000 n/a 0.0%
Southern Michigan Bank & Trust $155,000 n/a 0.0%
The Farmers Bank, Frankfort, Indiana $545,000 $155,000 -71.6% 0.0%
FIRST COMMUNITY MORTGAGE, INC. $145,000 n/a 0.0%
LAKEVIEW LOAN SERVICING, LLC $1,760,000 $135,000 -92.3% 0.0%
REVERSE MORTGAGE FUNDING LLC $135,000 n/a 0.0%
VAN DYK MORTGAGE CORPORATION $1,215,000 $135,000 -88.9% 0.0%
Chiphone Federal Credit Union $115,000 $125,000 8.7% 0.0%
HOMESIDE FINANCIAL, LLC $1,845,000 $125,000 -93.2% 0.0%
The State Bank and Trust Company $175,000 $125,000 -28.6% 0.0%
Arvest Bank $250,000 $115,000 -54.0% 0.0%
Figure Lending LLC $65,000 $115,000 76.9% 0.0%
First Internet Bank of Indiana $580,000 $115,000 -80.2% 0.0%
MEMBER FIRST MORTGAGE, LLC $430,000 $115,000 -73.3% 0.0%
Citadel Servicing Corporation $105,000 n/a 0.0%
First American Bank $105,000 n/a 0.0%
First Guaranty Mortgage Corporation $2,890,000 $105,000 -96.4% 0.0%
Chicago Mortgage Solutions LLC $95,000 n/a 0.0%
Citizens Bank $400,000 $95,000 -76.3% 0.0%
LENDINGHOME FUNDING CORPORATION $95,000 n/a 0.0%
RANLIFE, INC. $95,000 n/a 0.0%
FINANCIAL BUILDERS Federal Credit Union $90,000 n/a 0.0%
Neighborhood Loans, Inc. $385,000 $75,000 -80.5% 0.0%
VILLAGE CAPITAL MORTGAGE $1,330,000 $75,000 -94.4% 0.0%
AMERICAN ADVISORS GROUP $95,000 $70,000 -26.3% 0.0%
Atlantic Union Bank $55,000 n/a 0.0%
INOVA FEDERAL CREDIT UNION $55,000 n/a 0.0%
Truist $205,000 $55,000 -73.2% 0.0%
Baxter Credit Union $205,000 $45,000 -78.0% 0.0%
ALLIANT CREDIT UNION $25,000 n/a 0.0%
Circle Federal Credit Union $25,000 n/a 0.0%
EVANSVILLE TEACHERS $95,000 $25,000 -73.7% 0.0%

Warsaw's top lender by overall market share is Lake City Bank, with 13.0% market share. In second place, with 9.4%, is RUOFF MORTGAGE COMPANY, INC., having originated $48,450,000 in loans. In third place, with 7.8%, is First Federal Savings Bank, having originated $40,060,000 in loans. In fourth place, with 5.4%, is Horizon Bank, having originated $27,740,000 in loans. In fifth place, with 3.6%, is Crossroads Bank, having originated $18,535,000 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%) $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 (-4.7%) $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%) $353,055 (-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
Warsaw's median listing price for 2023-08-01 was $335,750, a difference of $18,275 (5.8%) versus the prior year and $-15,150 versus the prior month.

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

Warsaw's average listing price for 2023-08-01 was $430,325, a difference of $1,211 (0.3%) versus the prior year and $-28,458 versus the prior month.

For the 2023-08-01 period, Warsaw had 130 MLS listings, a difference of 4 listings (3%) versus the prior month and 12 listings (10%) 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 1,964 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
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
Warsaw's median listing age (time on market) for 2023-08-01 was 0 days.

Warsaw's median square footage for active listings during the 2023-08-01 period was 1,904 sqft. One year prior, the average listing was 1,884 sqft.

Warsaw, IN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,168 $288,810,000 $247,269
Cash Out Refi 490 $85,230,000 $173,939
Refi 396 $85,340,000 $215,505
Other 356 $36,880,000 $103,596
Home Improvement 219 $20,245,000 $92,443

Warsaw's most frequently cited loan purpose was Home Purchase, with 1,168 originations. The 2nd most popular reason was Cash Out Refi, with 490 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 636 $129,160,000 $203,082
3-4% 573 $121,945,000 $212,818
4-5% 554 $128,660,000 $232,238
6-7% 347 $60,665,000 $174,827
7-8% 207 $25,365,000 $122,536
<2.5% 110 $19,870,000 $180,636
2.5-3% 82 $17,700,000 $215,854
Over 8% 60 $3,180,000 $53,000

During 2022, Warsaw's most frequently originated rate bucket was 5-6%, with 636 originations.

Loan Sizing (Warsaw, IN MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 904 $131,420,000 $145,376
$100,000 or less 896 $45,600,000 $50,893
$200k-400k 643 $173,625,000 $270,023
$400k-600k 97 $46,435,000 $478,711
$600k-1000k 54 $39,440,000 $730,370
$Over $1MM 35 $79,985,000 $2,285,286

Warsaw's loan sizing saw the bucket of loans from $100k-200k with 904 originations, totaling $131,420,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 835 $200,485,000 $240,102
60-80% 595 $166,225,000 $279,370
Under 20% 436 $20,310,000 $46,583
20-40% 347 $35,595,000 $102,579
40-60% 286 $61,370,000 $214,580
Over 100% 5 $12,055,000 $2,411,000

Warsaw's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 835 originations, totaling $200,485,000 in origination value.