Top Mortgage Lenders in Columbus, IN

Which mortgage lender in the Columbus, 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 Columbus, 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 Columbus, IN area is Union Savings Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.16%. This means that Union Savings Bank provided a -0.16% lower interest rate for its customers than other lenders in Columbus, IN for a similar set of borrowers. Union Savings Bank has a market share of 8.4%. On the other hand, the most popular lender in the market is Ruoff Home Mortgage, with a market share of 14.8%. Ruoff Home Mortgage is an average rate lender in this area, with a “Rate Difference” of -0.03% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Columbus, 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 Columbus, IN is Union Savings Bank. 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 Old National Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is First Financial Bank. The cheapest VA mortgage provider is also First Financial 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.

Ranking of Mortgage Lenders in Columbus, IN

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Union Savings Bank 1, -0.16% 8.43%
Centra Credit Union 2, -0.09% 13.04%
Old National Bank 3, -0.06% 5.57%
Ruoff Home Mortgage 4, -0.03% 14.83%
First Financial Bank 5, -0.02% 8.61%
German American Bank 6, -0.01% 7.88%
Horizon Bank 7, 0.00% 1.47%
Fifth Third Bank, National Association 8, 0.02% 4.19%
LoanDepot 9, 0.06% 1.57%
Pnc Bank 10, 0.07% 3.36%
Fairway Independent Mort Corp 11, 0.08% 1.43%
Primelending 12, 0.08% 1.89%
Quicken Loans 13, 0.09% 9.58%
Wolfe Financial Inc DBA Integrity Mortgage Group 14, 0.09% 6.59%
GVC Mortgage Inc 15, 0.10% 5.07%
Hallmark Home Mortgage 16, 0.13% 6.49%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Union Savings Bank 1, -0.14% 5.72%
German American Bank 2, -0.08% 8.18%
Old National Bank 3, -0.07% 3.57%
Centra Credit Union 4, -0.05% 11.52%
Ruoff Home Mortgage 5, -0.05% 19.06%
Pnc Bank 6, -0.03% 2.22%
Fifth Third Bank, National Association 7, -0.02% 3.42%
First Financial Bank 8, -0.01% 7.94%
Horizon Bank 9, -0.01% 1.59%
Quicken Loans 10, 0.01% 4.61%
LoanDepot 11, 0.05% 0.64%
Primelending 12, 0.07% 3.02%
Fairway Independent Mort Corp 13, 0.09% 1.99%
Wolfe Financial Inc DBA Integrity Mortgage Group 14, 0.09% 9.61%
GVC Mortgage Inc 15, 0.10% 7.78%
Hallmark Home Mortgage 16, 0.14% 9.13%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Union Savings Bank 1, -0.16% 12.17%
Centra Credit Union 2, -0.13% 15.13%
Old National Bank 3, -0.05% 8.33%
First Financial Bank 4, -0.02% 9.54%
Fairway Independent Mort Corp 5, 0.01% 0.66%
Ruoff Home Mortgage 6, 0.01% 8.99%
Horizon Bank 7, 0.02% 1.32%
Primelending 8, 0.04% 0.33%
GVC Mortgage Inc 9, 0.06% 1.32%
Fifth Third Bank, National Association 10, 0.06% 5.26%
Hallmark Home Mortgage 11, 0.06% 2.85%
LoanDepot 12, 0.07% 2.85%
German American Bank 13, 0.08% 7.46%
Wolfe Financial Inc DBA Integrity Mortgage Group 14, 0.09% 2.41%
Quicken Loans 15, 0.13% 16.45%
Pnc Bank 16, 0.13% 4.93%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Union Savings Bank 1, -0.15% 10.82%
Centra Credit Union 2, -0.09% 16.96%
Old National Bank 3, -0.06% 6.87%
Ruoff Home Mortgage 4, -0.04% 13.80%
German American Bank 5, -0.00% 9.97%
First Financial Bank 6, 0.01% 9.60%
Horizon Bank 7, 0.01% 1.64%
Fifth Third Bank, National Association 8, 0.03% 5.05%
LoanDepot 9, 0.07% 0.97%
Pnc Bank 10, 0.08% 4.13%
Fairway Independent Mort Corp 11, 0.09% 0.61%
Primelending 12, 0.10% 1.22%
Wolfe Financial Inc DBA Integrity Mortgage Group 13, 0.11% 2.92%
GVC Mortgage Inc 14, 0.17% 3.10%
Hallmark Home Mortgage 15, 0.19% 5.78%
Quicken Loans 16, 0.21% 6.57%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Union Savings Bank 1, -0.14% 7.69%
German American Bank 2, -0.07% 10.97%
Ruoff Home Mortgage 3, -0.07% 17.53%
Old National Bank 4, -0.06% 4.86%
Centra Credit Union 5, -0.04% 16.29%
Pnc Bank 6, -0.02% 2.94%
Fifth Third Bank, National Association 7, -0.01% 4.07%
Horizon Bank 8, 0.00% 1.92%
First Financial Bank 9, 0.03% 8.71%
LoanDepot 10, 0.04% 0.23%
Quicken Loans 11, 0.07% 3.28%
Fairway Independent Mort Corp 12, 0.09% 1.02%
Primelending 13, 0.11% 1.92%
Wolfe Financial Inc DBA Integrity Mortgage Group 14, 0.11% 4.41%
GVC Mortgage Inc 15, 0.18% 5.09%
Hallmark Home Mortgage 16, 0.20% 9.05%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Union Savings Bank 1, -0.16% 14.45%
Centra Credit Union 2, -0.13% 17.74%
Old National Bank 3, -0.05% 9.20%
First Financial Bank 4, -0.02% 10.64%
Ruoff Home Mortgage 5, 0.01% 9.46%
Horizon Bank 6, 0.02% 1.31%
Fairway Independent Mort Corp 7, 0.04% 0.13%
Wolfe Financial Inc DBA Integrity Mortgage Group 8, 0.04% 1.18%
Primelending 9, 0.05% 0.39%
Fifth Third Bank, National Association 10, 0.07% 6.18%
GVC Mortgage Inc 11, 0.07% 0.79%
LoanDepot 12, 0.08% 1.84%
German American Bank 13, 0.09% 8.80%
Hallmark Home Mortgage 14, 0.10% 1.97%
Pnc Bank 15, 0.15% 5.52%
Quicken Loans 16, 0.26% 10.38%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Financial Bank 1, -0.16% 4.98%
German American Bank 2, -0.09% 1.66%
Quicken Loans 3, -0.06% 20.38%
Fifth Third Bank, National Association 4, -0.03% 1.42%
Union Savings Bank 5, -0.02% 0.95%
Old National Bank 6, -0.01% 0.47%
Horizon Bank 7, -0.01% 0.71%
Pnc Bank 8, -0.00% 0.71%
Ruoff Home Mortgage 9, -0.00% 18.25%
Hallmark Home Mortgage 10, 0.01% 7.35%
GVC Mortgage Inc 11, 0.02% 13.03%
Primelending 12, 0.03% 3.79%
LoanDepot 13, 0.05% 2.13%
Fairway Independent Mort Corp 14, 0.05% 4.50%
Wolfe Financial Inc DBA Integrity Mortgage Group 15, 0.07% 19.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Financial Bank 1, -0.18% 5.99%
German American Bank 2, -0.11% 1.89%
Quicken Loans 3, -0.07% 8.20%
Fifth Third Bank, National Association 4, -0.03% 1.89%
Union Savings Bank 5, -0.03% 1.26%
Pnc Bank 6, -0.03% 0.32%
Horizon Bank 7, -0.02% 0.63%
Old National Bank 8, -0.01% 0.63%
Ruoff Home Mortgage 9, -0.01% 21.45%
Hallmark Home Mortgage 10, 0.01% 8.20%
GVC Mortgage Inc 11, 0.02% 15.77%
Primelending 12, 0.03% 5.05%
LoanDepot 13, 0.04% 1.26%
Wolfe Financial Inc DBA Integrity Mortgage Group 14, 0.06% 22.40%
Fairway Independent Mort Corp 15, 0.06% 5.05%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.04% 57.14%
Fairway Independent Mort Corp 2, -0.03% 2.86%
First Financial Bank 3, 0.00% 1.90%
Hallmark Home Mortgage 4, 0.01% 4.76%
Horizon Bank 5, 0.02% 0.95%
Pnc Bank 6, 0.02% 1.90%
GVC Mortgage Inc 7, 0.02% 4.76%
German American Bank 8, 0.03% 0.95%
LoanDepot 9, 0.07% 4.76%
Ruoff Home Mortgage 10, 0.08% 8.57%
Wolfe Financial Inc DBA Integrity Mortgage Group 11, 0.11% 11.43%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Old National Bank 1, -0.01% 35.29%
First Financial Bank 2, 0.00% 11.76%
Centra Credit Union 3, 0.00% 23.53%
Ruoff Home Mortgage 4, 0.01% 5.88%
Hallmark Home Mortgage 5, 0.01% 5.88%
Horizon Bank 6, 0.01% 5.88%
Fifth Third Bank, National Association 7, 0.01% 11.76%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Centra Credit Union 1, -0.00% 50.00%
Fifth Third Bank, National Association 2, 0.00% 50.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Old National Bank 1, -0.01% 40.00%
Centra Credit Union 2, 0.00% 20.00%
First Financial Bank 3, 0.00% 13.33%
Ruoff Home Mortgage 4, 0.01% 6.67%
Hallmark Home Mortgage 5, 0.01% 6.67%
Horizon Bank 6, 0.01% 6.67%
Fifth Third Bank, National Association 7, 0.01% 6.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Financial Bank 1, -0.05% 6.90%
Union Savings Bank 2, -0.03% 1.15%
Horizon Bank 3, -0.02% 1.15%
Hallmark Home Mortgage 4, -0.02% 16.09%
Fairway Independent Mort Corp 5, -0.02% 2.30%
Pnc Bank 6, -0.01% 2.30%
Ruoff Home Mortgage 7, -0.01% 19.54%
Quicken Loans 8, 0.00% 16.09%
LoanDepot 9, 0.00% 10.34%
Primelending 10, 0.02% 5.75%
GVC Mortgage Inc 11, 0.03% 4.60%
Wolfe Financial Inc DBA Integrity Mortgage Group 12, 0.04% 13.79%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Financial Bank 1, -0.07% 7.14%
Pnc Bank 2, -0.03% 1.79%
Horizon Bank 3, -0.02% 1.79%
Ruoff Home Mortgage 4, -0.01% 30.36%
Hallmark Home Mortgage 5, -0.01% 16.07%
Quicken Loans 6, -0.00% 5.36%
Primelending 7, 0.01% 8.93%
GVC Mortgage Inc 8, 0.03% 5.36%
Wolfe Financial Inc DBA Integrity Mortgage Group 9, 0.04% 19.64%
LoanDepot 10, 0.04% 3.57%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Hallmark Home Mortgage 1, -0.03% 16.13%
Union Savings Bank 2, -0.01% 3.23%
First Financial Bank 3, -0.01% 6.45%
Fairway Independent Mort Corp 4, -0.00% 6.45%
LoanDepot 5, 0.00% 22.58%
Pnc Bank 6, 0.01% 3.23%
Quicken Loans 7, 0.01% 35.48%
Wolfe Financial Inc DBA Integrity Mortgage Group 8, 0.01% 3.23%
GVC Mortgage Inc 9, 0.03% 3.23%

* Data is compiled for the Columbus, IN commuting zone area, which comprises of counties of Bartholomew County, IN, Jackson County, IN, Jennings County, IN, and Scott County, IN. This includes cities/towns/communities of Columbus, IN as well as Seymour, IN, Scottsburg, IN, Taylorsville, IN, North Vernon, IN, Hartsville, IN, Hayden, IN, Scipio, IN, Freetown, IN, Brownstown, IN, Crothersville, IN, Medora, IN, and Austin, IN. 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.

Mortgage Lender Rankings for Other Cities

This page ranks the top mortgage lenders in the Columbus, IN area. For mortgage lender rankings of other cities, click here.