Top Mortgage Lenders in the South Bend, IN area

Which mortgage lender in the South Bend, 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 South Bend, 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 South Bend, IN area is INOVA Federal Credit Union, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.36%. This means that INOVA Federal Credit Union provided a -0.36% lower interest rate for its customers than other lenders in South Bend, IN for a similar set of borrowers. INOVA Federal Credit Union has a market share of 1.5%. On the other hand, the most popular lender in the market is Ruoff Home Mortgage, with a market share of 10.7%. Ruoff Home Mortgage is an average rate lender in this area, with a “Rate Difference” of -0.07% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the South Bend, 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 South Bend, IN is INOVA 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 1St Source Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is 1St Source Bank. The cheapest VA mortgage provider is Navy Federal Credit Union. To get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders by “Rate Rank” for your desired mortgage type and purpose.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
INOVA Federal Credit Union 1, -0.36% 1.47%
Interra Credit Union 2, -0.20% 2.87%
Notre Dame Federal Credit Union 3, -0.19% 5.15%
1St Source Bank 4, -0.17% 5.44%
MutualBank 5, -0.13% 1.88%
Teachers Credit Union 6, -0.12% 4.54%
Navy Federal Credit Union 7, -0.11% 0.42%
Usaa Federal Savings Bank 8, -0.09% 0.92%
Old National Bank 9, -0.09% 0.94%
Ruoff Home Mortgage 10, -0.07% 10.68%
SummitMortgage Inc 11, -0.07% 0.29%
TCF National Bank 12, -0.05% 0.38%
Freedom Mortgage Corporation 13, -0.05% 0.87%
Lake City Bank 14, -0.05% 1.18%
Lake Michigan Credit Union 15, -0.04% 0.37%
Guaranteed Rate Inc 16, -0.04% 2.55%
Bank of America 17, -0.03% 0.38%
Us Bank 18, -0.03% 0.30%
Fifth Third Bank, National Association 19, -0.02% 2.19%
Carrington Mortgage Services 20, -0.00% 0.74%
Independent Bank 21, -0.00% 0.53%
JPMorgan Chase Bank 22, -0.00% 3.43%
Pennymac Loan Services 23, 0.00% 0.27%
Circle Federal Credit Union 24, 0.00% 0.68%
Pnc Bank 25, 0.01% 0.95%
Huntington National Bank 26, 0.01% 0.44%
Wells Fargo Bank 27, 0.01% 1.41%
Horizon Bank 28, 0.01% 3.72%
Caliber Home Loans Inc 29, 0.02% 0.49%
Fairway Independent Mort Corp 30, 0.02% 0.28%
New American Funding 31, 0.02% 0.48%
First Federal Savings Bank 32, 0.02% 7.15%
Flagstar Bank 33, 0.02% 0.51%
Cardinal Financial Company LP 34, 0.03% 0.43%
Supreme Lending/ Everett Financial Inc 35, 0.04% 0.69%
United Federal Credit Union 36, 0.04% 5.68%
LoanDepot 37, 0.05% 1.38%
Ditech Financial 38, 0.06% 0.35%
Chemecal Bank 39, 0.06% 0.36%
CMG Mortgage Inc 40, 0.06% 0.60%
Bank of England 41, 0.07% 0.27%
KeyBank National Association 42, 0.08% 1.45%
Union Home Mortgage Company 43, 0.09% 0.86%
Honor Credit Union 44, 0.09% 2.95%
Centier Bank 45, 0.11% 1.51%
Royal United Mortgage 46, 0.12% 0.31%
Quicken Loans 47, 0.13% 9.02%
Hallmark Home Mortgage 48, 0.18% 4.53%
GVC Mortgage Inc 49, 0.28% 3.09%
Nationstar Mortgage 50, 0.30% 1.02%
Amerifirst Financial Corporation 51, 0.36% 1.58%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Teachers Credit Union 1, -0.21% 3.89%
Freedom Mortgage Corporation 2, -0.15% 0.77%
1St Source Bank 3, -0.15% 4.37%
Notre Dame Federal Credit Union 4, -0.15% 5.40%
Navy Federal Credit Union 5, -0.15% 0.52%
INOVA Federal Credit Union 6, -0.14% 1.03%
Interra Credit Union 7, -0.14% 2.46%
SummitMortgage Inc 8, -0.11% 0.35%
Usaa Federal Savings Bank 9, -0.11% 1.29%
JPMorgan Chase Bank 10, -0.10% 2.85%
Ruoff Home Mortgage 11, -0.09% 14.85%
Old National Bank 12, -0.07% 0.45%
Pnc Bank 13, -0.07% 0.81%
TCF National Bank 14, -0.07% 0.20%
Wells Fargo Bank 15, -0.07% 1.59%
MutualBank 16, -0.06% 1.42%
Fifth Third Bank, National Association 17, -0.06% 1.50%
Lake Michigan Credit Union 18, -0.06% 0.52%
Us Bank 19, -0.05% 0.32%
Lake City Bank 20, -0.04% 0.98%
Bank of America 21, -0.04% 0.38%
Guaranteed Rate Inc 22, -0.03% 3.34%
Circle Federal Credit Union 23, -0.01% 0.72%
Horizon Bank 24, -0.01% 4.33%
Pennymac Loan Services 25, -0.01% 0.16%
Ditech Financial 26, -0.01% 0.01%
Independent Bank 27, -0.00% 0.49%
New American Funding 28, 0.00% 0.58%
KeyBank National Association 29, 0.01% 0.59%
Nationstar Mortgage 30, 0.01% 0.20%
Huntington National Bank 31, 0.01% 0.38%
First Federal Savings Bank 32, 0.01% 7.61%
Flagstar Bank 33, 0.02% 0.52%
Fairway Independent Mort Corp 34, 0.02% 0.30%
Caliber Home Loans Inc 35, 0.02% 0.45%
Supreme Lending/ Everett Financial Inc 36, 0.02% 0.91%
LoanDepot 37, 0.03% 0.59%
Cardinal Financial Company LP 38, 0.03% 0.49%
Carrington Mortgage Services 39, 0.05% 0.13%
Chemecal Bank 40, 0.05% 0.35%
CMG Mortgage Inc 41, 0.05% 0.81%
United Federal Credit Union 42, 0.06% 5.59%
Bank of England 43, 0.07% 0.35%
Quicken Loans 44, 0.09% 4.89%
Union Home Mortgage Company 45, 0.10% 1.04%
Centier Bank 46, 0.12% 2.29%
Royal United Mortgage 47, 0.13% 0.16%
Honor Credit Union 48, 0.14% 3.13%
Hallmark Home Mortgage 49, 0.18% 6.86%
GVC Mortgage Inc 50, 0.30% 4.47%
Amerifirst Financial Corporation 51, 0.39% 2.32%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
INOVA Federal Credit Union 1, -0.52% 2.14%
Interra Credit Union 2, -0.26% 3.49%
Notre Dame Federal Credit Union 3, -0.26% 4.77%
1St Source Bank 4, -0.18% 7.07%
MutualBank 5, -0.18% 2.59%
Old National Bank 6, -0.08% 1.70%
Guaranteed Rate Inc 7, -0.07% 1.35%
Lake City Bank 8, -0.04% 1.48%
Usaa Federal Savings Bank 9, -0.04% 0.35%
Ruoff Home Mortgage 10, -0.03% 4.33%
Centier Bank 11, -0.03% 0.33%
TCF National Bank 12, -0.03% 0.66%
Teachers Credit Union 13, -0.02% 5.52%
Navy Federal Credit Union 14, -0.02% 0.27%
Bank of America 15, -0.02% 0.38%
Honor Credit Union 16, -0.01% 2.67%
Us Bank 17, -0.00% 0.27%
Independent Bank 18, 0.00% 0.60%
Carrington Mortgage Services 19, 0.00% 1.68%
Fifth Third Bank, National Association 20, 0.01% 3.25%
Fairway Independent Mort Corp 21, 0.01% 0.24%
Huntington National Bank 22, 0.01% 0.53%
Caliber Home Loans Inc 23, 0.01% 0.55%
Pennymac Loan Services 24, 0.02% 0.44%
SummitMortgage Inc 25, 0.02% 0.20%
United Federal Credit Union 26, 0.03% 5.83%
Circle Federal Credit Union 27, 0.03% 0.62%
First Federal Savings Bank 28, 0.03% 6.45%
Flagstar Bank 29, 0.03% 0.49%
Cardinal Financial Company LP 30, 0.03% 0.33%
Union Home Mortgage Company 31, 0.03% 0.57%
Lake Michigan Credit Union 32, 0.03% 0.13%
Bank of England 33, 0.04% 0.15%
New American Funding 34, 0.05% 0.33%
Horizon Bank 35, 0.05% 2.81%
Hallmark Home Mortgage 36, 0.06% 0.97%
Supreme Lending/ Everett Financial Inc 37, 0.07% 0.35%
Ditech Financial 38, 0.07% 0.86%
Chemecal Bank 39, 0.07% 0.38%
CMG Mortgage Inc 40, 0.07% 0.29%
LoanDepot 41, 0.07% 2.59%
Freedom Mortgage Corporation 42, 0.08% 1.02%
Pnc Bank 43, 0.10% 1.17%
GVC Mortgage Inc 44, 0.10% 0.97%
JPMorgan Chase Bank 45, 0.10% 4.31%
KeyBank National Association 46, 0.11% 2.76%
Amerifirst Financial Corporation 47, 0.12% 0.46%
Royal United Mortgage 48, 0.12% 0.55%
Quicken Loans 49, 0.16% 15.33%
Wells Fargo Bank 50, 0.19% 1.13%
Nationstar Mortgage 51, 0.35% 2.28%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
INOVA Federal Credit Union 1, -0.38% 1.72%
Interra Credit Union 2, -0.20% 3.62%
Notre Dame Federal Credit Union 3, -0.19% 6.17%
1St Source Bank 4, -0.18% 5.92%
MutualBank 5, -0.13% 2.32%
Teachers Credit Union 6, -0.11% 5.80%
Old National Bank 7, -0.09% 1.08%
Ruoff Home Mortgage 8, -0.09% 8.98%
TCF National Bank 9, -0.05% 0.46%
Lake City Bank 10, -0.04% 1.50%
Us Bank 11, -0.04% 0.29%
Lake Michigan Credit Union 12, -0.04% 0.41%
Bank of America 13, -0.03% 0.46%
Guaranteed Rate Inc 14, -0.02% 2.07%
Fifth Third Bank, National Association 15, -0.02% 2.58%
Independent Bank 16, 0.00% 0.58%
Navy Federal Credit Union 17, 0.00% 0.15%
JPMorgan Chase Bank 18, 0.00% 4.22%
Freedom Mortgage Corporation 19, 0.01% 0.29%
Circle Federal Credit Union 20, 0.01% 0.87%
SummitMortgage Inc 21, 0.01% 0.13%
Pnc Bank 22, 0.02% 1.06%
Wells Fargo Bank 23, 0.02% 1.65%
Huntington National Bank 24, 0.02% 0.48%
Pennymac Loan Services 25, 0.02% 0.10%
First Federal Savings Bank 26, 0.02% 8.92%
Fairway Independent Mort Corp 27, 0.03% 0.21%
Flagstar Bank 28, 0.03% 0.41%
Caliber Home Loans Inc 29, 0.03% 0.28%
New American Funding 30, 0.03% 0.20%
Horizon Bank 31, 0.03% 4.12%
Carrington Mortgage Services 32, 0.04% 0.25%
Usaa Federal Savings Bank 33, 0.04% 0.30%
Supreme Lending/ Everett Financial Inc 34, 0.05% 0.55%
United Federal Credit Union 35, 0.05% 6.94%
Bank of England 36, 0.06% 0.20%
Chemecal Bank 37, 0.07% 0.42%
Union Home Mortgage Company 38, 0.07% 0.74%
CMG Mortgage Inc 39, 0.08% 0.48%
Cardinal Financial Company LP 40, 0.09% 0.25%
KeyBank National Association 41, 0.09% 1.75%
Honor Credit Union 42, 0.09% 3.56%
LoanDepot 43, 0.10% 0.92%
Centier Bank 44, 0.13% 1.78%
Royal United Mortgage 45, 0.15% 0.32%
Ditech Financial 46, 0.17% 0.19%
Hallmark Home Mortgage 47, 0.18% 3.54%
Quicken Loans 48, 0.26% 6.77%
Amerifirst Financial Corporation 49, 0.32% 1.11%
GVC Mortgage Inc 50, 0.33% 2.19%
Nationstar Mortgage 51, 0.45% 0.66%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Teachers Credit Union 1, -0.20% 5.17%
Notre Dame Federal Credit Union 2, -0.15% 6.53%
1St Source Bank 3, -0.15% 4.65%
INOVA Federal Credit Union 4, -0.14% 1.15%
Interra Credit Union 5, -0.14% 3.23%
Ruoff Home Mortgage 6, -0.11% 12.35%
JPMorgan Chase Bank 7, -0.10% 3.65%
Old National Bank 8, -0.08% 0.52%
Pnc Bank 9, -0.07% 0.90%
Wells Fargo Bank 10, -0.07% 1.90%
TCF National Bank 11, -0.07% 0.23%
MutualBank 12, -0.06% 1.84%
Us Bank 13, -0.05% 0.33%
Lake Michigan Credit Union 14, -0.05% 0.61%
Fifth Third Bank, National Association 15, -0.05% 1.77%
Lake City Bank 16, -0.04% 1.29%
Bank of America 17, -0.03% 0.48%
Freedom Mortgage Corporation 18, -0.02% 0.25%
Guaranteed Rate Inc 19, -0.01% 2.71%
Circle Federal Credit Union 20, -0.00% 0.96%
Independent Bank 21, 0.00% 0.54%
SummitMortgage Inc 22, 0.00% 0.13%
Pennymac Loan Services 23, 0.01% 0.12%
New American Funding 24, 0.01% 0.15%
Navy Federal Credit Union 25, 0.01% 0.15%
Nationstar Mortgage 26, 0.02% 0.08%
First Federal Savings Bank 27, 0.02% 9.83%
Horizon Bank 28, 0.02% 4.82%
KeyBank National Association 29, 0.02% 0.63%
Carrington Mortgage Services 30, 0.02% 0.02%
Flagstar Bank 31, 0.02% 0.44%
Huntington National Bank 32, 0.03% 0.42%
LoanDepot 33, 0.03% 0.38%
Supreme Lending/ Everett Financial Inc 34, 0.03% 0.71%
Usaa Federal Savings Bank 35, 0.04% 0.48%
Caliber Home Loans Inc 36, 0.04% 0.25%
Fairway Independent Mort Corp 37, 0.04% 0.23%
Chemecal Bank 38, 0.06% 0.42%
Bank of England 39, 0.07% 0.21%
CMG Mortgage Inc 40, 0.07% 0.65%
United Federal Credit Union 41, 0.07% 6.97%
Union Home Mortgage Company 42, 0.09% 0.81%
Cardinal Financial Company LP 43, 0.12% 0.29%
Centier Bank 44, 0.14% 2.76%
Honor Credit Union 45, 0.15% 3.88%
Royal United Mortgage 46, 0.17% 0.17%
Quicken Loans 47, 0.18% 3.82%
Hallmark Home Mortgage 48, 0.19% 5.43%
Amerifirst Financial Corporation 49, 0.36% 1.57%
GVC Mortgage Inc 50, 0.37% 3.11%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
INOVA Federal Credit Union 1, -0.53% 2.51%
Interra Credit Union 2, -0.26% 4.17%
Notre Dame Federal Credit Union 3, -0.26% 5.67%
1St Source Bank 4, -0.20% 7.70%
MutualBank 5, -0.19% 2.99%
Old National Bank 6, -0.09% 1.87%
Guaranteed Rate Inc 7, -0.08% 1.18%
Ruoff Home Mortgage 8, -0.05% 4.30%
Lake City Bank 9, -0.04% 1.79%
Centier Bank 10, -0.03% 0.40%
TCF National Bank 11, -0.03% 0.78%
Navy Federal Credit Union 12, -0.02% 0.13%
Teachers Credit Union 13, -0.02% 6.68%
Bank of America 14, -0.02% 0.43%
Honor Credit Union 15, -0.01% 3.13%
Us Bank 16, -0.01% 0.24%
Independent Bank 17, -0.00% 0.64%
Fairway Independent Mort Corp 18, 0.00% 0.19%
Fifth Third Bank, National Association 19, 0.01% 3.72%
Cardinal Financial Company LP 20, 0.01% 0.19%
Huntington National Bank 21, 0.01% 0.56%
SummitMortgage Inc 22, 0.02% 0.13%
Usaa Federal Savings Bank 23, 0.03% 0.05%
Caliber Home Loans Inc 24, 0.03% 0.32%
United Federal Credit Union 25, 0.03% 6.90%
First Federal Savings Bank 26, 0.03% 7.65%
Circle Federal Credit Union 27, 0.03% 0.75%
Union Home Mortgage Company 28, 0.03% 0.64%
Lake Michigan Credit Union 29, 0.04% 0.13%
Flagstar Bank 30, 0.04% 0.37%
Freedom Mortgage Corporation 31, 0.04% 0.35%
Pennymac Loan Services 32, 0.04% 0.08%
Bank of England 33, 0.04% 0.19%
Carrington Mortgage Services 34, 0.05% 0.56%
New American Funding 35, 0.05% 0.27%
Horizon Bank 36, 0.06% 3.15%
Hallmark Home Mortgage 37, 0.07% 0.91%
Supreme Lending/ Everett Financial Inc 38, 0.08% 0.32%
Chemecal Bank 39, 0.08% 0.43%
CMG Mortgage Inc 40, 0.09% 0.24%
Pnc Bank 41, 0.11% 1.28%
GVC Mortgage Inc 42, 0.11% 0.91%
JPMorgan Chase Bank 43, 0.11% 5.03%
KeyBank National Association 44, 0.12% 3.31%
LoanDepot 45, 0.12% 1.66%
Amerifirst Financial Corporation 46, 0.13% 0.45%
Royal United Mortgage 47, 0.14% 0.53%
Ditech Financial 48, 0.18% 0.45%
Wells Fargo Bank 49, 0.20% 1.31%
Quicken Loans 50, 0.30% 10.88%
Nationstar Mortgage 51, 0.49% 1.47%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
1St Source Bank 1, -0.20% 2.52%
Horizon Bank 2, -0.16% 2.19%
SummitMortgage Inc 3, -0.16% 1.04%
INOVA Federal Credit Union 4, -0.15% 0.60%
Freedom Mortgage Corporation 5, -0.13% 3.18%
United Federal Credit Union 6, -0.11% 1.10%
Guaranteed Rate Inc 7, -0.10% 4.65%
Notre Dame Federal Credit Union 8, -0.09% 1.75%
Quicken Loans 9, -0.08% 18.89%
Centier Bank 10, -0.07% 0.66%
Lake Michigan Credit Union 11, -0.07% 0.16%
KeyBank National Association 12, -0.07% 0.38%
Ruoff Home Mortgage 13, -0.07% 19.99%
Carrington Mortgage Services 14, -0.06% 2.41%
Fifth Third Bank, National Association 15, -0.06% 0.82%
Huntington National Bank 16, -0.05% 0.16%
TCF National Bank 17, -0.05% 0.16%
Independent Bank 18, -0.05% 0.11%
Fairway Independent Mort Corp 19, -0.05% 0.38%
Cardinal Financial Company LP 20, -0.04% 1.31%
Ditech Financial 21, -0.04% 0.88%
Pennymac Loan Services 22, -0.03% 0.71%
Interra Credit Union 23, -0.02% 0.05%
Pnc Bank 24, -0.02% 0.16%
Us Bank 25, -0.02% 0.16%
Chemecal Bank 26, -0.02% 0.11%
Caliber Home Loans Inc 27, -0.02% 1.26%
New American Funding 28, -0.01% 1.81%
Navy Federal Credit Union 29, -0.01% 0.05%
Supreme Lending/ Everett Financial Inc 30, -0.00% 1.37%
JPMorgan Chase Bank 31, -0.00% 0.05%
Royal United Mortgage 32, 0.00% 0.27%
Flagstar Bank 33, 0.00% 0.77%
CMG Mortgage Inc 34, 0.01% 1.04%
LoanDepot 35, 0.03% 2.19%
Bank of England 36, 0.06% 0.66%
First Federal Savings Bank 37, 0.09% 0.49%
Union Home Mortgage Company 38, 0.11% 1.31%
Honor Credit Union 39, 0.12% 0.66%
Nationstar Mortgage 40, 0.13% 2.79%
Hallmark Home Mortgage 41, 0.18% 9.20%
GVC Mortgage Inc 42, 0.22% 7.89%
Amerifirst Financial Corporation 43, 0.44% 3.61%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
1St Source Bank 1, -0.24% 2.62%
Freedom Mortgage Corporation 2, -0.23% 2.85%
SummitMortgage Inc 3, -0.20% 1.20%
Horizon Bank 4, -0.19% 2.77%
INOVA Federal Credit Union 5, -0.18% 0.75%
United Federal Credit Union 6, -0.13% 1.42%
Guaranteed Rate Inc 7, -0.12% 5.47%
Notre Dame Federal Credit Union 8, -0.11% 2.17%
Centier Bank 9, -0.09% 0.90%
KeyBank National Association 10, -0.09% 0.45%
Fifth Third Bank, National Association 11, -0.09% 0.82%
Ruoff Home Mortgage 12, -0.09% 25.39%
Lake Michigan Credit Union 13, -0.08% 0.22%
Fairway Independent Mort Corp 14, -0.08% 0.37%
Cardinal Financial Company LP 15, -0.08% 1.27%
TCF National Bank 16, -0.07% 0.15%
Quicken Loans 17, -0.07% 9.36%
Huntington National Bank 18, -0.06% 0.22%
Independent Bank 19, -0.06% 0.15%
Pennymac Loan Services 20, -0.05% 0.30%
Chemecal Bank 21, -0.04% 0.07%
Us Bank 22, -0.04% 0.07%
Ditech Financial 23, -0.04% 0.07%
Interra Credit Union 24, -0.04% 0.07%
Pnc Bank 25, -0.03% 0.15%
New American Funding 26, -0.03% 2.17%
Navy Federal Credit Union 27, -0.03% 0.07%
Nationstar Mortgage 28, -0.03% 0.67%
Royal United Mortgage 29, -0.02% 0.15%
Caliber Home Loans Inc 30, -0.02% 1.12%
Supreme Lending/ Everett Financial Inc 31, -0.02% 1.65%
JPMorgan Chase Bank 32, -0.01% 0.07%
Carrington Mortgage Services 33, -0.01% 0.30%
Flagstar Bank 34, -0.01% 0.82%
CMG Mortgage Inc 35, 0.00% 1.27%
LoanDepot 36, 0.00% 1.27%
Bank of England 37, 0.05% 0.90%
First Federal Savings Bank 38, 0.07% 0.67%
Union Home Mortgage Company 39, 0.10% 1.65%
Honor Credit Union 40, 0.11% 0.90%
Hallmark Home Mortgage 41, 0.17% 12.13%
GVC Mortgage Inc 42, 0.22% 10.11%
Amerifirst Financial Corporation 43, 0.45% 4.72%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.06% 44.81%
Guaranteed Rate Inc 2, -0.06% 2.44%
1St Source Bank 3, -0.06% 2.24%
Carrington Mortgage Services 4, -0.03% 8.15%
Ditech Financial 5, -0.00% 3.05%
SummitMortgage Inc 6, 0.00% 0.61%
Fifth Third Bank, National Association 7, 0.00% 0.81%
Caliber Home Loans Inc 8, 0.01% 1.63%
Pennymac Loan Services 9, 0.01% 1.83%
KeyBank National Association 10, 0.01% 0.20%
INOVA Federal Credit Union 11, 0.01% 0.20%
Notre Dame Federal Credit Union 12, 0.01% 0.61%
TCF National Bank 13, 0.01% 0.20%
Pnc Bank 14, 0.02% 0.20%
United Federal Credit Union 15, 0.02% 0.20%
Flagstar Bank 16, 0.02% 0.61%
Union Home Mortgage Company 17, 0.02% 0.41%
Us Bank 18, 0.03% 0.41%
Horizon Bank 19, 0.03% 0.61%
Fairway Independent Mort Corp 20, 0.03% 0.41%
CMG Mortgage Inc 21, 0.03% 0.41%
Amerifirst Financial Corporation 22, 0.04% 0.61%
Chemecal Bank 23, 0.04% 0.20%
Hallmark Home Mortgage 24, 0.05% 1.22%
Supreme Lending/ Everett Financial Inc 25, 0.05% 0.61%
New American Funding 26, 0.05% 0.81%
Royal United Mortgage 27, 0.05% 0.61%
Cardinal Financial Company LP 28, 0.05% 1.43%
Ruoff Home Mortgage 29, 0.06% 5.30%
LoanDepot 30, 0.07% 4.68%
GVC Mortgage Inc 31, 0.08% 1.83%
Freedom Mortgage Corporation 32, 0.09% 4.07%
Nationstar Mortgage 33, 0.20% 8.55%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
1St Source Bank 1, -0.03% 25.33%
MutualBank 2, -0.02% 4.67%
Interra Credit Union 3, -0.01% 2.00%
Wells Fargo Bank 4, -0.01% 6.00%
Old National Bank 5, -0.01% 7.33%
Bank of America 6, -0.00% 1.33%
Huntington National Bank 7, 0.00% 2.00%
Pnc Bank 8, 0.00% 4.67%
KeyBank National Association 9, 0.01% 1.33%
Fifth Third Bank, National Association 10, 0.01% 2.00%
JPMorgan Chase Bank 11, 0.01% 7.33%
Lake Michigan Credit Union 12, 0.01% 1.33%
Horizon Bank 13, 0.01% 4.00%
Notre Dame Federal Credit Union 14, 0.01% 3.33%
Guaranteed Rate Inc 15, 0.02% 4.00%
Quicken Loans 16, 0.02% 0.67%
Us Bank 17, 0.02% 2.00%
Lake City Bank 18, 0.02% 0.67%
Ruoff Home Mortgage 19, 0.02% 1.33%
Chemecal Bank 20, 0.02% 0.67%
United Federal Credit Union 21, 0.03% 5.33%
First Federal Savings Bank 22, 0.03% 7.33%
Honor Credit Union 23, 0.04% 4.00%
Caliber Home Loans Inc 24, 0.04% 0.67%
Supreme Lending/ Everett Financial Inc 25, 0.04% 0.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
1St Source Bank 1, -0.03% 25.33%
Wells Fargo Bank 2, -0.01% 9.33%
Bank of America 3, -0.01% 1.33%
Old National Bank 4, -0.01% 5.33%
Pnc Bank 5, -0.00% 4.00%
MutualBank 6, 0.00% 2.67%
Huntington National Bank 7, 0.00% 1.33%
KeyBank National Association 8, 0.01% 2.67%
Horizon Bank 9, 0.01% 4.00%
United Federal Credit Union 10, 0.01% 4.00%
Lake Michigan Credit Union 11, 0.01% 1.33%
JPMorgan Chase Bank 12, 0.01% 5.33%
Honor Credit Union 13, 0.01% 2.67%
Fifth Third Bank, National Association 14, 0.01% 1.33%
Interra Credit Union 15, 0.02% 1.33%
Us Bank 16, 0.02% 2.67%
Notre Dame Federal Credit Union 17, 0.02% 5.33%
Guaranteed Rate Inc 18, 0.02% 6.67%
Lake City Bank 19, 0.02% 1.33%
First Federal Savings Bank 20, 0.03% 6.67%
Ruoff Home Mortgage 21, 0.03% 1.33%
Chemecal Bank 22, 0.03% 1.33%
Supreme Lending/ Everett Financial Inc 23, 0.04% 1.33%
Caliber Home Loans Inc 24, 0.04% 1.33%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
1St Source Bank 1, -0.03% 25.33%
MutualBank 2, -0.03% 6.67%
Interra Credit Union 3, -0.02% 2.67%
Old National Bank 4, -0.00% 9.33%
Huntington National Bank 5, -0.00% 2.67%
Pnc Bank 6, 0.00% 5.33%
Notre Dame Federal Credit Union 7, 0.00% 1.33%
Bank of America 8, 0.00% 1.33%
Guaranteed Rate Inc 9, 0.00% 1.33%
Fifth Third Bank, National Association 10, 0.00% 2.67%
JPMorgan Chase Bank 11, 0.01% 9.33%
Lake Michigan Credit Union 12, 0.01% 1.33%
Quicken Loans 13, 0.02% 1.33%
Horizon Bank 14, 0.02% 4.00%
Us Bank 15, 0.02% 1.33%
Ruoff Home Mortgage 16, 0.02% 1.33%
Wells Fargo Bank 17, 0.02% 2.67%
First Federal Savings Bank 18, 0.04% 8.00%
United Federal Credit Union 19, 0.04% 6.67%
Honor Credit Union 20, 0.05% 5.33%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Navy Federal Credit Union 1, -0.15% 6.64%
Usaa Federal Savings Bank 2, -0.13% 15.23%
Pnc Bank 3, -0.05% 0.78%
Ditech Financial 4, -0.04% 1.37%
LoanDepot 5, -0.03% 7.03%
Guaranteed Rate Inc 6, -0.01% 3.12%
Centier Bank 7, -0.00% 0.39%
Pennymac Loan Services 8, 0.00% 1.76%
Flagstar Bank 9, 0.01% 1.37%
Caliber Home Loans Inc 10, 0.01% 1.37%
INOVA Federal Credit Union 11, 0.01% 0.59%
Royal United Mortgage 12, 0.01% 0.39%
Us Bank 13, 0.01% 0.39%
Wells Fargo Bank 14, 0.02% 0.78%
New American Funding 15, 0.02% 0.78%
Independent Bank 16, 0.02% 1.37%
Fifth Third Bank, National Association 17, 0.02% 0.39%
United Federal Credit Union 18, 0.02% 0.20%
Horizon Bank 19, 0.03% 2.15%
SummitMortgage Inc 20, 0.03% 0.39%
JPMorgan Chase Bank 21, 0.03% 0.39%
1St Source Bank 22, 0.03% 1.56%
Carrington Mortgage Services 23, 0.03% 3.71%
Huntington National Bank 24, 0.03% 0.20%
CMG Mortgage Inc 25, 0.03% 1.37%
Cardinal Financial Company LP 26, 0.03% 0.59%
Ruoff Home Mortgage 27, 0.04% 9.96%
Supreme Lending/ Everett Financial Inc 28, 0.05% 0.78%
Fairway Independent Mort Corp 29, 0.05% 1.17%
Quicken Loans 30, 0.05% 15.62%
GVC Mortgage Inc 31, 0.06% 2.54%
Bank of England 32, 0.06% 0.20%
Hallmark Home Mortgage 33, 0.06% 6.45%
Freedom Mortgage Corporation 34, 0.08% 2.93%
Union Home Mortgage Company 35, 0.09% 1.56%
Nationstar Mortgage 36, 0.11% 1.37%
Amerifirst Financial Corporation 37, 0.17% 3.12%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Navy Federal Credit Union 1, -0.18% 9.22%
Usaa Federal Savings Bank 2, -0.14% 21.84%
Pnc Bank 3, -0.04% 1.37%
Guaranteed Rate Inc 4, 0.00% 4.10%
Centier Bank 5, 0.01% 0.68%
Pennymac Loan Services 6, 0.02% 0.34%
Us Bank 7, 0.03% 0.68%
SummitMortgage Inc 8, 0.03% 0.34%
LoanDepot 9, 0.03% 1.37%
Wells Fargo Bank 10, 0.03% 1.37%
Freedom Mortgage Corporation 11, 0.03% 0.68%
New American Funding 12, 0.03% 1.02%
INOVA Federal Credit Union 13, 0.03% 0.34%
United Federal Credit Union 14, 0.04% 0.34%
Independent Bank 15, 0.04% 1.37%
Flagstar Bank 16, 0.04% 0.68%
JPMorgan Chase Bank 17, 0.04% 0.68%
CMG Mortgage Inc 18, 0.04% 1.71%
Horizon Bank 19, 0.04% 2.73%
1St Source Bank 20, 0.04% 2.05%
Nationstar Mortgage 21, 0.05% 0.34%
Cardinal Financial Company LP 22, 0.05% 0.68%
Caliber Home Loans Inc 23, 0.06% 0.68%
Ruoff Home Mortgage 24, 0.07% 14.68%
Quicken Loans 25, 0.07% 4.78%
Supreme Lending/ Everett Financial Inc 26, 0.07% 1.02%
Bank of England 27, 0.07% 0.34%
GVC Mortgage Inc 28, 0.07% 4.10%
Hallmark Home Mortgage 29, 0.08% 9.90%
Fairway Independent Mort Corp 30, 0.09% 1.37%
Union Home Mortgage Company 31, 0.10% 2.73%
Carrington Mortgage Services 32, 0.11% 1.37%
Amerifirst Financial Corporation 33, 0.19% 5.12%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Usaa Federal Savings Bank 1, -0.07% 6.39%
Ditech Financial 2, -0.06% 3.20%
LoanDepot 3, -0.05% 14.61%
Navy Federal Credit Union 4, -0.04% 3.20%
Ruoff Home Mortgage 5, -0.03% 3.65%
Caliber Home Loans Inc 6, -0.03% 2.28%
Guaranteed Rate Inc 7, -0.02% 1.83%
Flagstar Bank 8, -0.02% 2.28%
Pennymac Loan Services 9, -0.02% 3.65%
Fairway Independent Mort Corp 10, -0.02% 0.91%
INOVA Federal Credit Union 11, -0.02% 0.91%
Hallmark Home Mortgage 12, -0.01% 1.83%
GVC Mortgage Inc 13, -0.01% 0.46%
Royal United Mortgage 14, -0.00% 0.91%
Independent Bank 15, -0.00% 1.37%
New American Funding 16, -0.00% 0.46%
Carrington Mortgage Services 17, -0.00% 6.85%
Supreme Lending/ Everett Financial Inc 18, 0.00% 0.46%
1St Source Bank 19, 0.00% 0.91%
Cardinal Financial Company LP 20, 0.00% 0.46%
Horizon Bank 21, 0.00% 1.37%
Fifth Third Bank, National Association 22, 0.00% 0.91%
Huntington National Bank 23, 0.02% 0.46%
SummitMortgage Inc 24, 0.02% 0.46%
CMG Mortgage Inc 25, 0.03% 0.91%
Amerifirst Financial Corporation 26, 0.03% 0.46%
Quicken Loans 27, 0.04% 30.14%
Freedom Mortgage Corporation 28, 0.07% 5.94%
Nationstar Mortgage 29, 0.11% 2.74%

* Data is compiled for the South Bend, IN commuting zone area, which comprises of counties of Elkhart County, IN, Marshall County, IN, St. Joseph County, IN, Starke County, IN, Berrien County, MI, and Cass County, MI. This includes cities/towns/communities of South Bend, IN as well as Elkhart, IN, Mishawaka, IN, Goshen, IN, Granger, IN, Dowagiac, MI, Middlebury, IN, St. Joseph, MI, Grand Beach, MI, Niles, MI, Nappanee, IN, Osceola, IN, Plymouth, IN, Bristol, IN, Fair Plain, MI, Edwardsburg, MI, Dunlap, IN, Paw Paw Lake, MI, Shorewood-Tower Hills-Harbert, MI, Millersburg, IN, Bass Lake, IN, New Paris, IN, Bridgman, MI, Eau Claire, MI, Berrien Springs, MI, Hamlet, IN, New Carlisle, IN, Buchanan, MI, Argos, IN, Bremen, IN, Vandalia, MI, Watervliet, MI, Simonton Lake, IN, Marcellus, MI, Lakeville, IN, Culver, IN, North Liberty, IN, Stevensville, MI, Lake Michigan Beach, MI, La Paz, IN, Benton Harbor, MI, Bourbon, IN, Koontz Lake, IN, Shoreham, MI, Walkerton, IN, Baroda, MI, North Judson, IN, Knox, IN, Three Oaks, MI, New Troy, MI, and Galien, MI. 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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