# Best Conventional Mortgage Lenders in Evansville, IN

**As of:** 2026-05-22

Compare the top Conventional mortgage lenders in Evansville, IN. Data-driven rankings based on rates, fees, and approval rates.

> **Canonical URL:** https://saferate.com/evansville-in/best-mortgage-lenders/conventional-loans


> **📋 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:** 46
- **Total Loans:** 3,079
- **Median Rate Spread:** 0.4735555555555555%

## Top Lenders

| Rank | Lender | SafeRate Score | Pricing | Pull-Through | Volume | Type |
|------|--------|----------------|---------|--------------|--------|------|
| 1 | MORTGAGE MASTERS OF INDIANA, INC. | 89 | 63 | 85 | 635 | Independent Mortgage Company |
| 2 | Liberty | 89 | 60 | 80 | 609 | Credit Union |
| 3 | Old National Bank | 89 | 84 | 69 | 142 | Bank |
| 4 | Heritage Federal Credit Union | 85 | 62 | 76 | 229 | Credit Union |
| 5 | German American Bank | 80 | 65 | 62 | 68 | Bank |
| 6 | Fifth Third Bank, National Association | 79 | 61 | 60 | 93 | Bank |
| 7 | INDIANA MEMBERS CREDIT UNION | 79 | 86 | 58 | 80 | Credit Union |
| 8 | ROCKET MORTGAGE, LLC | 75 | 28 | 87 | 184 | Independent Mortgage Company |
| 9 | UNITED WHOLESALE MORTGAGE, LLC | 75 | 36 | 86 | 111 | Independent Mortgage Company |
| 10 | First Federal Savings Bank | 74 | 64 | 72 | 117 | Bank |
| 11 | PLAZA HOME MORTGAGE, INC. | 73 | 43 | 63 | 40 | Independent Mortgage Company |
| 12 | JPMorgan Chase Bank, National Association | 73 | 52 | 71 | 23 | Bank |
| 13 | LOANDEPOT.COM, LLC | 73 | 45 | 72 | 17 | Independent Mortgage Company |
| 14 | Wells Fargo Bank, National Association | 73 | 61 | 57 | 13 | Bank |
| 15 | CRANE | 73 | 89 | 63 | 10 | Credit Union |
| 16 | NAVY FEDERAL CREDIT UNION | 70 | 92 | 53 | 10 | Credit Union |
| 17 | THE LOAN STORE, INC. | 66 | 39 | 71 | 25 | Independent Mortgage Company |
| 18 | FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 66 | 25 | 78 | 25 | Independent Mortgage Company |
| 19 | GVC MORTGAGE, INC. | 66 | 21 | 76 | 22 | Independent Mortgage Company |
| 20 | UNION HOME MORTGAGE CORP. | 66 | 23 | 77 | 17 | Independent Mortgage Company |
| 21 | Plains Commerce Bank | 66 | 35 | 64 | 13 | Bank |
| 22 | NATIONSTAR MORTGAGE LLC | 66 | 27 | 64 | 13 | Independent Mortgage Company |
| 23 | Flagstar Bank, N.A. | 66 | 34 | 72 | 12 | Bank |
| 24 | MEMBER FIRST MORTGAGE, LLC | 64 | 47 | 43 | 12 | Independent Mortgage Company |
| 25 | FBC MORTGAGE, LLC | 63 | 36 | 60 | 65 | Independent Mortgage Company |
| 26 | INTERLINC MORTGAGE SERVICES, LLC | 63 | 24 | 68 | 28 | Independent Mortgage Company |
| 27 | NEWREZ LLC | 62 | 31 | 58 | 20 | Independent Mortgage Company |
| 28 | NEW AMERICAN FUNDING, LLC | 62 | 26 | 60 | 13 | Independent Mortgage Company |
| 29 | Bank of England | 58 | 28 | 51 | 27 | Bank |
| 30 | ZILLOW HOME LOANS, LLC | 58 | 32 | 50 | 18 | Independent Mortgage Company |
| 31 | ENVOY MORTGAGE, LTD | 58 | 24 | 55 | 15 | Independent Mortgage Company |
| 32 | Luminate Home Loans, Inc. | 56 | 14 | 66 | 46 | Independent Mortgage Company |
| 33 | ROYAL UNITED MORTGAGE LLC | 53 | 4 | 62 | 13 | Independent Mortgage Company |
| 34 | CALCON MUTUAL MORTGAGE LLC | 49 | 15 | 55 | 31 | Independent Mortgage Company |
| 35 | Farm Credit Mid-America, ACA | 49 | 6 | 52 | 11 | Independent Mortgage Company |
| 36 | Banterra Bank | 46 | N/A | 46 | 12 | Bank |
| 37 | EVANSVILLE Federal Credit Union | 41 | N/A | 46 | 13 | Credit Union |
| 38 | BOONVILLE FEDERAL SAVINGS BANK | 37 | N/A | 37 | 16 | Bank |

## 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 Evansville, IN.

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. **Product Knowledge:** Evaluates the lender's specific experience and volume originating the selected loan product.
4. **Local Place Knowledge:** Analyzes the lender's total number of loans originated in the specific geography to determine local market expertise.