Top Mortgage Lenders in the Lafayette, IN area

Which mortgage lender in the Lafayette, IN area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Lafayette, IN area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Lafayette, IN area is Purdue Federal Credit Union, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.17%. This means that Purdue Federal Credit Union provided a -0.17% lower interest rate for its customers than other lenders in Lafayette, IN for a similar set of borrowers. Purdue Federal Credit Union has a market share of 15.2%. It is the most popular lender in the area.

Our detailed rankings of the mortgage lenders for the Lafayette, IN area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, the cheapest lender for Conventional mortgages in Lafayette, IN is Purdue Federal Credit Union. If you want to take out a loan that is above conforming limits (for example, above $510,400 in 2020), the cheapest Jumbo mortgage provider is JPMorgan Chase Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is First Merchants Bank. The cheapest VA mortgage provider is also First Merchants Bank. Nevertheless, to get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders for your desired mortgage type and purpose.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Purdue Federal Credit Union 1, -0.17% 15.22%
Old National Bank 2, -0.12% 3.85%
Longview Bank & Trust 3, -0.11% 0.69%
Hoosier Heartland State Bank 4, -0.10% 1.24%
Huntington National Bank 5, -0.08% 2.10%
Teachers Credit Union 6, -0.04% 0.77%
American Mortgage Service Company 7, -0.03% 4.01%
Centier Bank 8, -0.03% 3.46%
First Midwest Bank 9, -0.02% 0.71%
Usaa Federal Savings Bank 10, -0.02% 0.90%
Ruoff Home Mortgage 11, -0.02% 12.84%
American Mortgage & Equity Consultants Inc 12, -0.01% 0.65%
Horizon Bank 13, -0.00% 1.89%
Pnc Bank 14, -0.00% 2.36%
JPMorgan Chase Bank 15, 0.00% 3.32%
Wells Fargo Bank 16, 0.02% 1.12%
Fifth Third Bank, National Association 17, 0.02% 1.02%
1St Source Bank 18, 0.02% 0.71%
First Financial Bank 19, 0.03% 1.36%
Carrington Mortgage Services 20, 0.04% 0.96%
LoanDepot 21, 0.04% 1.65%
First Merchants Bank 22, 0.05% 5.09%
Hallmark Home Mortgage 23, 0.05% 2.73%
Fairway Independent Mort Corp 24, 0.05% 0.81%
University Lending Group 25, 0.07% 1.22%
Industrial Federal Credit Union 26, 0.08% 2.62%
Fair Way Lending 27, 0.09% 0.65%
Quicken Loans 28, 0.09% 7.81%
GVC Mortgage Inc 29, 0.09% 0.92%
CMG Mortgage Inc 30, 0.09% 1.14%
Wolfe Financial Inc DBA Integrity Mortgage Group 31, 0.09% 1.24%
Regions Bank 32, 0.11% 4.62%
Amerifirst Financial Corporation 33, 0.12% 0.69%
New American Funding 34, 0.12% 1.00%
Caliber Home Loans Inc 35, 0.12% 5.03%
Nationstar Mortgage 36, 0.13% 0.92%
Platinum Home Mortgage Corporation 37, 0.16% 0.94%
Panorama Mortgage Group 38, 0.20% 1.77%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Purdue Federal Credit Union 1, -0.15% 17.46%
Huntington National Bank 2, -0.09% 1.92%
JPMorgan Chase Bank 3, -0.08% 2.90%
Old National Bank 4, -0.07% 2.46%
Hoosier Heartland State Bank 5, -0.06% 0.69%
American Mortgage Service Company 6, -0.03% 4.79%
Teachers Credit Union 7, -0.03% 0.50%
Fifth Third Bank, National Association 8, -0.03% 0.91%
Usaa Federal Savings Bank 9, -0.02% 1.26%
Longview Bank & Trust 10, -0.02% 0.19%
Ruoff Home Mortgage 11, -0.02% 16.04%
First Midwest Bank 12, -0.01% 0.72%
Wells Fargo Bank 13, -0.01% 1.17%
Centier Bank 14, -0.01% 4.32%
American Mortgage & Equity Consultants Inc 15, -0.01% 0.85%
Horizon Bank 16, -0.01% 1.83%
Industrial Federal Credit Union 17, -0.01% 0.32%
Pnc Bank 18, -0.00% 2.11%
First Merchants Bank 19, 0.03% 4.29%
1St Source Bank 20, 0.03% 0.69%
First Financial Bank 21, 0.03% 0.88%
LoanDepot 22, 0.05% 0.41%
Fairway Independent Mort Corp 23, 0.05% 1.07%
Hallmark Home Mortgage 24, 0.06% 3.62%
Carrington Mortgage Services 25, 0.06% 0.35%
Quicken Loans 26, 0.07% 4.22%
University Lending Group 27, 0.07% 1.58%
Nationstar Mortgage 28, 0.08% 0.32%
Fair Way Lending 29, 0.09% 0.95%
CMG Mortgage Inc 30, 0.10% 1.51%
Regions Bank 31, 0.10% 5.14%
GVC Mortgage Inc 32, 0.10% 1.20%
Wolfe Financial Inc DBA Integrity Mortgage Group 33, 0.11% 1.61%
New American Funding 34, 0.14% 1.29%
Amerifirst Financial Corporation 35, 0.14% 0.82%
Caliber Home Loans Inc 36, 0.14% 6.18%
Platinum Home Mortgage Corporation 37, 0.19% 1.23%
Panorama Mortgage Group 38, 0.22% 2.21%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Purdue Federal Credit Union 1, -0.21% 11.14%
Old National Bank 2, -0.16% 6.37%
Longview Bank & Trust 3, -0.13% 1.61%
Hoosier Heartland State Bank 4, -0.13% 2.24%
Centier Bank 5, -0.10% 1.89%
Huntington National Bank 6, -0.06% 2.41%
Teachers Credit Union 7, -0.04% 1.26%
First Midwest Bank 8, -0.03% 0.69%
American Mortgage Service Company 9, -0.01% 2.58%
Ruoff Home Mortgage 10, -0.01% 7.00%
Pnc Bank 11, -0.00% 2.81%
Horizon Bank 12, -0.00% 2.01%
Hallmark Home Mortgage 13, 0.00% 1.09%
GVC Mortgage Inc 14, 0.00% 0.40%
American Mortgage & Equity Consultants Inc 15, 0.00% 0.29%
1St Source Bank 16, 0.01% 0.75%
Usaa Federal Savings Bank 17, 0.02% 0.23%
First Financial Bank 18, 0.02% 2.24%
Platinum Home Mortgage Corporation 19, 0.02% 0.40%
Fairway Independent Mort Corp 20, 0.02% 0.34%
Fair Way Lending 21, 0.02% 0.11%
Caliber Home Loans Inc 22, 0.02% 2.93%
Carrington Mortgage Services 23, 0.02% 2.07%
CMG Mortgage Inc 24, 0.03% 0.46%
Amerifirst Financial Corporation 25, 0.03% 0.46%
New American Funding 26, 0.03% 0.46%
LoanDepot 27, 0.04% 3.90%
Wolfe Financial Inc DBA Integrity Mortgage Group 28, 0.04% 0.57%
First Merchants Bank 29, 0.06% 6.54%
Wells Fargo Bank 30, 0.07% 1.03%
Panorama Mortgage Group 31, 0.08% 0.98%
Industrial Federal Credit Union 32, 0.08% 6.83%
University Lending Group 33, 0.09% 0.57%
Fifth Third Bank, National Association 34, 0.09% 1.21%
Quicken Loans 35, 0.10% 14.35%
JPMorgan Chase Bank 36, 0.12% 4.08%
Regions Bank 37, 0.12% 3.67%
Nationstar Mortgage 38, 0.14% 2.01%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Purdue Federal Credit Union 1, -0.16% 20.52%
Old National Bank 2, -0.12% 4.70%
Longview Bank & Trust 3, -0.10% 0.95%
Hoosier Heartland State Bank 4, -0.09% 1.70%
Huntington National Bank 5, -0.08% 2.17%
Ruoff Home Mortgage 6, -0.04% 10.90%
Teachers Credit Union 7, -0.03% 1.06%
Centier Bank 8, -0.02% 4.28%
First Midwest Bank 9, -0.00% 0.70%
Horizon Bank 10, 0.01% 2.22%
JPMorgan Chase Bank 11, 0.01% 4.45%
Pnc Bank 12, 0.02% 2.72%
American Mortgage Service Company 13, 0.02% 3.20%
Usaa Federal Savings Bank 14, 0.03% 0.47%
Carrington Mortgage Services 15, 0.03% 0.28%
Wells Fargo Bank 16, 0.03% 1.39%
Fifth Third Bank, National Association 17, 0.03% 1.14%
Fairway Independent Mort Corp 18, 0.03% 0.39%
First Financial Bank 19, 0.04% 1.70%
1St Source Bank 20, 0.04% 0.75%
American Mortgage & Equity Consultants Inc 21, 0.04% 0.47%
First Merchants Bank 22, 0.08% 6.01%
Industrial Federal Credit Union 23, 0.09% 3.59%
GVC Mortgage Inc 24, 0.09% 0.70%
University Lending Group 25, 0.09% 1.28%
Hallmark Home Mortgage 26, 0.10% 2.17%
Amerifirst Financial Corporation 27, 0.10% 0.33%
LoanDepot 28, 0.11% 1.11%
CMG Mortgage Inc 29, 0.12% 0.89%
Wolfe Financial Inc DBA Integrity Mortgage Group 30, 0.13% 0.58%
Caliber Home Loans Inc 31, 0.14% 3.14%
Regions Bank 32, 0.14% 5.45%
Fair Way Lending 33, 0.15% 0.36%
New American Funding 34, 0.15% 0.64%
Nationstar Mortgage 35, 0.18% 0.53%
Platinum Home Mortgage Corporation 36, 0.18% 0.64%
Quicken Loans 37, 0.20% 5.59%
Panorama Mortgage Group 38, 0.21% 0.86%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Purdue Federal Credit Union 1, -0.14% 24.87%
Huntington National Bank 2, -0.09% 1.87%
JPMorgan Chase Bank 3, -0.07% 4.05%
Old National Bank 4, -0.06% 2.82%
Ruoff Home Mortgage 5, -0.05% 13.44%
Hoosier Heartland State Bank 6, -0.04% 1.00%
Fifth Third Bank, National Association 7, -0.03% 1.00%
Teachers Credit Union 8, -0.02% 0.73%
Longview Bank & Trust 9, -0.00% 0.27%
Wells Fargo Bank 10, 0.00% 1.46%
Centier Bank 11, 0.00% 5.51%
Industrial Federal Credit Union 12, 0.01% 0.46%
Horizon Bank 13, 0.01% 2.19%
First Midwest Bank 14, 0.02% 0.59%
Usaa Federal Savings Bank 15, 0.03% 0.73%
Fairway Independent Mort Corp 16, 0.04% 0.50%
Pnc Bank 17, 0.04% 2.23%
American Mortgage Service Company 18, 0.04% 3.74%
Carrington Mortgage Services 19, 0.05% 0.05%
First Financial Bank 20, 0.05% 1.18%
1St Source Bank 21, 0.05% 0.87%
American Mortgage & Equity Consultants Inc 22, 0.06% 0.59%
LoanDepot 23, 0.07% 0.36%
First Merchants Bank 24, 0.08% 4.97%
Nationstar Mortgage 25, 0.10% 0.18%
University Lending Group 26, 0.10% 1.64%
GVC Mortgage Inc 27, 0.12% 0.91%
Amerifirst Financial Corporation 28, 0.12% 0.46%
Hallmark Home Mortgage 29, 0.12% 2.96%
CMG Mortgage Inc 30, 0.15% 1.18%
Regions Bank 31, 0.15% 6.20%
Wolfe Financial Inc DBA Integrity Mortgage Group 32, 0.15% 0.73%
Caliber Home Loans Inc 33, 0.17% 3.87%
Fair Way Lending 34, 0.17% 0.55%
New American Funding 35, 0.19% 0.82%
Quicken Loans 36, 0.20% 3.23%
Platinum Home Mortgage Corporation 37, 0.23% 0.82%
Panorama Mortgage Group 38, 0.25% 0.96%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Purdue Federal Credit Union 1, -0.21% 13.69%
Old National Bank 2, -0.16% 7.63%
Longview Bank & Trust 3, -0.13% 2.00%
Hoosier Heartland State Bank 4, -0.13% 2.78%
Centier Bank 5, -0.10% 2.35%
Huntington National Bank 6, -0.07% 2.64%
Teachers Credit Union 7, -0.04% 1.57%
First Midwest Bank 8, -0.03% 0.86%
Ruoff Home Mortgage 9, -0.02% 6.92%
American Mortgage Service Company 10, -0.02% 2.35%
Pnc Bank 11, -0.00% 3.50%
Horizon Bank 12, 0.00% 2.28%
GVC Mortgage Inc 13, 0.00% 0.36%
American Mortgage & Equity Consultants Inc 14, 0.00% 0.29%
Hallmark Home Mortgage 15, 0.01% 0.93%
1St Source Bank 16, 0.01% 0.57%
Carrington Mortgage Services 17, 0.01% 0.64%
Amerifirst Financial Corporation 18, 0.02% 0.14%
Platinum Home Mortgage Corporation 19, 0.02% 0.36%
First Financial Bank 20, 0.02% 2.50%
CMG Mortgage Inc 21, 0.02% 0.43%
Usaa Federal Savings Bank 22, 0.03% 0.07%
Fair Way Lending 23, 0.03% 0.07%
Fairway Independent Mort Corp 24, 0.04% 0.21%
New American Funding 25, 0.04% 0.36%
Caliber Home Loans Inc 26, 0.06% 2.00%
First Merchants Bank 27, 0.07% 7.63%
Wells Fargo Bank 28, 0.07% 1.28%
Wolfe Financial Inc DBA Integrity Mortgage Group 29, 0.08% 0.36%
Industrial Federal Credit Union 30, 0.09% 8.49%
University Lending Group 31, 0.09% 0.71%
Fifth Third Bank, National Association 32, 0.10% 1.36%
LoanDepot 33, 0.11% 2.28%
JPMorgan Chase Bank 34, 0.12% 5.06%
Regions Bank 35, 0.13% 4.28%
Panorama Mortgage Group 36, 0.13% 0.71%
Nationstar Mortgage 37, 0.19% 1.07%
Quicken Loans 38, 0.19% 9.27%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Merchants Bank 1, -0.14% 2.18%
Pnc Bank 2, -0.13% 1.29%
American Mortgage Service Company 3, -0.13% 7.25%
Regions Bank 4, -0.12% 1.89%
Huntington National Bank 5, -0.11% 1.69%
American Mortgage & Equity Consultants Inc 6, -0.09% 1.39%
Quicken Loans 7, -0.07% 14.60%
Old National Bank 8, -0.07% 1.69%
First Midwest Bank 9, -0.07% 0.99%
Horizon Bank 10, -0.05% 0.89%
Hallmark Home Mortgage 11, -0.05% 4.27%
Centier Bank 12, -0.04% 1.29%
1St Source Bank 13, -0.04% 0.20%
Fifth Third Bank, National Association 14, -0.02% 0.50%
Carrington Mortgage Services 15, -0.01% 2.58%
JPMorgan Chase Bank 16, -0.00% 0.10%
First Financial Bank 17, -0.00% 0.30%
Ruoff Home Mortgage 18, 0.01% 19.86%
LoanDepot 19, 0.01% 1.89%
Fair Way Lending 20, 0.02% 1.69%
CMG Mortgage Inc 21, 0.03% 1.99%
Fairway Independent Mort Corp 22, 0.04% 2.28%
University Lending Group 23, 0.05% 0.79%
Wolfe Financial Inc DBA Integrity Mortgage Group 24, 0.07% 3.08%
GVC Mortgage Inc 25, 0.07% 1.89%
New American Funding 26, 0.07% 2.38%
Nationstar Mortgage 27, 0.09% 2.18%
Caliber Home Loans Inc 28, 0.10% 9.73%
Amerifirst Financial Corporation 29, 0.13% 1.69%
Platinum Home Mortgage Corporation 30, 0.13% 2.28%
Panorama Mortgage Group 31, 0.18% 5.16%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Merchants Bank 1, -0.16% 2.18%
American Mortgage Service Company 2, -0.15% 8.19%
Huntington National Bank 3, -0.14% 1.66%
Pnc Bank 4, -0.13% 1.66%
Regions Bank 5, -0.12% 2.43%
Quicken Loans 6, -0.11% 7.55%
American Mortgage & Equity Consultants Inc 7, -0.10% 1.66%
Old National Bank 8, -0.09% 1.79%
First Midwest Bank 9, -0.07% 1.28%
Horizon Bank 10, -0.06% 0.90%
Hallmark Home Mortgage 11, -0.05% 5.25%
Centier Bank 12, -0.05% 1.66%
1St Source Bank 13, -0.04% 0.26%
Fifth Third Bank, National Association 14, -0.03% 0.51%
First Financial Bank 15, -0.01% 0.13%
JPMorgan Chase Bank 16, -0.01% 0.13%
Ruoff Home Mortgage 17, -0.00% 23.30%
LoanDepot 18, 0.01% 0.51%
Carrington Mortgage Services 19, 0.02% 0.90%
Fair Way Lending 20, 0.02% 2.05%
CMG Mortgage Inc 21, 0.03% 2.30%
University Lending Group 22, 0.04% 1.02%
Fairway Independent Mort Corp 23, 0.05% 2.56%
Nationstar Mortgage 24, 0.05% 0.51%
Wolfe Financial Inc DBA Integrity Mortgage Group 25, 0.07% 3.59%
GVC Mortgage Inc 26, 0.08% 2.18%
New American Funding 27, 0.08% 2.69%
Caliber Home Loans Inc 28, 0.12% 10.76%
Platinum Home Mortgage Corporation 29, 0.14% 2.69%
Amerifirst Financial Corporation 30, 0.17% 1.54%
Panorama Mortgage Group 31, 0.19% 6.15%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Merchants Bank 1, -0.05% 2.21%
Quicken Loans 2, -0.04% 38.94%
Caliber Home Loans Inc 3, -0.03% 6.19%
Carrington Mortgage Services 4, -0.01% 8.41%
Hallmark Home Mortgage 5, -0.01% 0.88%
Horizon Bank 6, -0.00% 0.88%
Fairway Independent Mort Corp 7, -0.00% 1.33%
Huntington National Bank 8, -0.00% 1.77%
Panorama Mortgage Group 9, 0.00% 1.77%
GVC Mortgage Inc 10, 0.00% 0.88%
New American Funding 11, 0.01% 1.33%
Fair Way Lending 12, 0.01% 0.44%
American Mortgage Service Company 13, 0.01% 3.98%
American Mortgage & Equity Consultants Inc 14, 0.01% 0.44%
Wolfe Financial Inc DBA Integrity Mortgage Group 15, 0.01% 1.33%
Fifth Third Bank, National Association 16, 0.01% 0.44%
Platinum Home Mortgage Corporation 17, 0.01% 0.88%
First Financial Bank 18, 0.02% 0.88%
Old National Bank 19, 0.02% 1.33%
Amerifirst Financial Corporation 20, 0.03% 2.21%
LoanDepot 21, 0.03% 6.64%
CMG Mortgage Inc 22, 0.04% 0.88%
Ruoff Home Mortgage 23, 0.05% 7.96%
Nationstar Mortgage 24, 0.12% 7.96%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
JPMorgan Chase Bank 1, -0.01% 4.35%
Purdue Federal Credit Union 2, -0.00% 43.48%
1St Source Bank 3, 0.00% 21.74%
Horizon Bank 4, 0.00% 4.35%
First Financial Bank 5, 0.00% 8.70%
Ruoff Home Mortgage 6, 0.00% 4.35%
Fifth Third Bank, National Association 7, 0.00% 8.70%
Wells Fargo Bank 8, 0.02% 4.35%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
JPMorgan Chase Bank 1, -0.01% 6.25%
Purdue Federal Credit Union 2, -0.00% 50.00%
First Financial Bank 3, 0.00% 6.25%
Horizon Bank 4, 0.00% 6.25%
Ruoff Home Mortgage 5, 0.00% 6.25%
1St Source Bank 6, 0.00% 6.25%
Fifth Third Bank, National Association 7, 0.00% 12.50%
Wells Fargo Bank 8, 0.02% 6.25%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
1St Source Bank 1, -0.00% 57.14%
First Financial Bank 2, 0.00% 14.29%
Purdue Federal Credit Union 3, 0.00% 28.57%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Merchants Bank 1, -0.11% 4.17%
LoanDepot 2, -0.09% 7.64%
Usaa Federal Savings Bank 3, -0.06% 9.38%
Pnc Bank 4, -0.05% 1.74%
Centier Bank 5, -0.05% 1.04%
American Mortgage Service Company 6, -0.05% 3.12%
Wells Fargo Bank 7, -0.05% 1.39%
First Financial Bank 8, -0.02% 0.35%
Regions Bank 9, -0.02% 4.17%
Fairway Independent Mort Corp 10, -0.02% 1.04%
Old National Bank 11, -0.01% 1.04%
University Lending Group 12, -0.01% 2.08%
Fair Way Lending 13, -0.01% 0.69%
Hallmark Home Mortgage 14, -0.01% 4.51%
Horizon Bank 15, -0.01% 1.04%
1St Source Bank 16, -0.01% 0.35%
New American Funding 17, -0.01% 0.69%
JPMorgan Chase Bank 18, -0.01% 0.35%
Fifth Third Bank, National Association 19, -0.01% 0.69%
Panorama Mortgage Group 20, -0.00% 1.39%
GVC Mortgage Inc 21, -0.00% 0.35%
Wolfe Financial Inc DBA Integrity Mortgage Group 22, 0.00% 3.12%
Huntington National Bank 23, 0.01% 2.78%
American Mortgage & Equity Consultants Inc 24, 0.01% 0.35%
Amerifirst Financial Corporation 25, 0.01% 1.74%
Nationstar Mortgage 26, 0.02% 1.39%
Quicken Loans 27, 0.02% 12.50%
CMG Mortgage Inc 28, 0.02% 1.39%
Caliber Home Loans Inc 29, 0.04% 12.50%
Carrington Mortgage Services 30, 0.07% 3.82%
Ruoff Home Mortgage 31, 0.09% 13.19%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Merchants Bank 1, -0.13% 5.52%
Usaa Federal Savings Bank 2, -0.08% 13.26%
American Mortgage Service Company 3, -0.06% 3.31%
Regions Bank 4, -0.06% 4.42%
Pnc Bank 5, -0.06% 2.76%
Centier Bank 6, -0.05% 1.66%
Wells Fargo Bank 7, -0.05% 2.21%
Fairway Independent Mort Corp 8, -0.02% 1.66%
Quicken Loans 9, -0.02% 2.21%
University Lending Group 10, -0.02% 3.31%
Fair Way Lending 11, -0.02% 1.10%
Old National Bank 12, -0.02% 1.10%
Fifth Third Bank, National Association 13, -0.01% 0.55%
New American Funding 14, -0.01% 1.10%
Horizon Bank 15, -0.01% 1.10%
JPMorgan Chase Bank 16, -0.01% 0.55%
GVC Mortgage Inc 17, -0.01% 0.55%
Hallmark Home Mortgage 18, -0.01% 4.97%
LoanDepot 19, -0.00% 0.55%
Huntington National Bank 20, 0.00% 3.87%
Panorama Mortgage Group 21, 0.00% 0.55%
American Mortgage & Equity Consultants Inc 22, 0.00% 0.55%
Wolfe Financial Inc DBA Integrity Mortgage Group 23, 0.01% 3.87%
Amerifirst Financial Corporation 24, 0.01% 2.21%
CMG Mortgage Inc 25, 0.02% 2.21%
Nationstar Mortgage 26, 0.04% 1.10%
Carrington Mortgage Services 27, 0.06% 1.66%
Caliber Home Loans Inc 28, 0.06% 14.92%
Ruoff Home Mortgage 29, 0.10% 17.13%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
LoanDepot 1, -0.08% 19.63%
Caliber Home Loans Inc 2, -0.03% 8.41%
First Merchants Bank 3, -0.03% 1.87%
American Mortgage Service Company 4, -0.02% 2.80%
Wolfe Financial Inc DBA Integrity Mortgage Group 5, -0.02% 1.87%
Hallmark Home Mortgage 6, -0.01% 3.74%
First Financial Bank 7, -0.01% 0.93%
Old National Bank 8, -0.00% 0.93%
Nationstar Mortgage 9, -0.00% 1.87%
Amerifirst Financial Corporation 10, 0.00% 0.93%
Horizon Bank 11, 0.00% 0.93%
Huntington National Bank 12, 0.00% 0.93%
Usaa Federal Savings Bank 13, 0.00% 2.80%
Panorama Mortgage Group 14, 0.00% 2.80%
1St Source Bank 15, 0.01% 0.93%
Ruoff Home Mortgage 16, 0.01% 6.54%
Fifth Third Bank, National Association 17, 0.01% 0.93%
Quicken Loans 18, 0.04% 29.91%
Regions Bank 19, 0.05% 3.74%
Carrington Mortgage Services 20, 0.09% 7.48%

* Data is compiled for the Lafayette, IN commuting zone area, which comprises of counties of Vermilion County, IL, Benton County, IN, Carroll County, IN, Clinton County, IN, Fountain County, IN, Montgomery County, IN, Tippecanoe County, IN, Warren County, IN, and White County, IN. This includes cities/towns/communities of Lafayette, IN as well as West Lafayette, IN, Crawfordsville, IN, Frankfort, IN, Danville, IL, Waynetown, IN, West Point, IN, Delphi, IN, Americus, IN, Otterbein, IN, Dayton, IN, Rossville, IN, Lake Holiday, IN, Norway, IN, Clarks Hill, IN, Ladoga, IN, Monticello, IN, Brookston, IN, Linden, IN, Attica, IN, Darlington, IN, Burlington, IN, Colfax, IN, Pine Village, IN, Yeoman, IN, Otterbein, IN, Buffalo, IN, Camden, IN, Flora, IN, West Lebanon, IN, Kirklin, IN, Reynolds, IN, Catlin, IL, Hillsboro, IN, Fowler, IN, Potomac, IL, Covington, IN, Georgetown, IL, Fithian, IL, Kingman, IN, Idaville, IN, Monon, IN, Wolcott, IN, Bismarck, IL, Belgium, IL, Hoopeston, IL, Ridge Farm, IL, Rankin, IL, Boswell, IN, Fairmount, IL, and Tilton, IL. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate based on the MSA, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

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