# Best Mortgage Lenders in Elkhart

**As of:** 2026-05-21

Compare the top mortgage lenders in Elkhart. Data-driven rankings based on pricing, approval rates, and local market expertise.

> **Canonical URL:** https://saferate.com/elkhart/best-mortgage-lenders


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


## Market Statistics

- **Total Lenders:** 34
- **Total Loans:** 1,914
- **Median Rate Spread:** 0.43938235294117645%

## Top Lenders

| Rank | Lender | SafeRate Score | Pricing | Pull-Through | Volume | Type |
|------|--------|----------------|---------|--------------|--------|------|
| 1 | EVERWISE CREDIT UNION | 86 | 83 | 71 | 61 | Credit Union |
| 2 | NOTRE DAME FEDERAL CREDIT UNION CORPORATION | 84 | 48 | 84 | 94 | Credit Union |
| 3 | INTERRA CREDIT UNION | 78 | 48 | 66 | 182 | Credit Union |
| 4 | RUOFF MORTGAGE COMPANY, INC. | 78 | 43 | 75 | 167 | Independent Mortgage Company |
| 5 | UNITED WHOLESALE MORTGAGE, LLC | 78 | 41 | 93 | 57 | Independent Mortgage Company |
| 6 | CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | 74 | 26 | 87 | 270 | Independent Mortgage Company |
| 7 | ROCKET MORTGAGE, LLC | 74 | 29 | 95 | 189 | Independent Mortgage Company |
| 8 | JPMorgan Chase Bank, National Association | 73 | 49 | 70 | 72 | Bank |
| 9 | GUARANTEED RATE, INC. | 73 | 41 | 69 | 62 | Independent Mortgage Company |
| 10 | 1st Source Bank | 73 | 55 | 69 | 46 | Bank |
| 11 | Horizon Bank | 73 | 44 | 63 | 31 | Bank |
| 12 | Fifth Third Bank, National Association | 73 | 62 | 62 | 20 | Bank |
| 13 | First Federal Savings Bank | 68 | 30 | 74 | 84 | Bank |
| 14 | INOVA | 68 | 93 | 40 | 43 | Credit Union |
| 15 | FREEDOM MORTGAGE CORPORATION | 66 | 55 | 67 | 22 | Independent Mortgage Company |
| 16 | Centier Bank | 66 | 57 | 72 | 22 | Bank |
| 17 | HALLMARK HOME MORTGAGE, LLC | 58 | 19 | 84 | 98 | Independent Mortgage Company |
| 18 | Farmers State Bank | 58 | 23 | 56 | 27 | Bank |
| 19 | Mortgage Research Center, LLC | 58 | 34 | 70 | 20 | Independent Mortgage Company |
| 20 | CHURCHILL MORTGAGE CORPORATION | 54 | 18 | 65 | 106 | Independent Mortgage Company |
| 21 | EVERETT FINANCIAL, INC. | 54 | 13 | 80 | 43 | Independent Mortgage Company |
| 22 | Farm Credit Mid-America, ACA | 42 | 6 | 48 | 21 | Independent Mortgage Company |

## Methodology

Safe Rate calculates these rankings using a risk-adjusted, data-driven scoring system based on Home Mortgage Disclosure Act (HMDA) filings. Rather than relying on simple averages, our statistical models control for loan-level risk factors (such as LTV, loan amount, and property value) to evaluate a lender's true competitiveness within Elkhart.

Our composite SafeRate Score is derived using an equal, geometric weighting of the following factors:
1. **Pricing:** Evaluates the lender's interest rates and net fees relative to the market.
2. **Pull-Through:** Measures the percentage of applications that successfully close, indicating reliability and customer service.
3. **Local Place Knowledge:** Analyzes the lender's total number of loans originated in the specific geography to determine local market expertise.