# Best Mortgage Lenders in Indiana

**As of:** 2026-05-24

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

> **Canonical URL:** https://saferate.com/indiana/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:** 334
- **Total Loans:** 90,243
- **Median Rate Spread:** 0.3827739938080495%

## Top Lenders

| Rank | Lender | SafeRate Score | Pricing | Pull-Through | Volume | Type |
|------|--------|----------------|---------|--------------|--------|------|
| 1 | Old National Bank | 93 | 84 | 70 | 1,017 | Bank |
| 2 | Liberty | 93 | 62 | 82 | 869 | Credit Union |
| 3 | EVERWISE CREDIT UNION | 93 | 83 | 71 | 665 | Credit Union |
| 4 | Elements Financial Federal Credit Union | 93 | 80 | 61 | 500 | Credit Union |
| 5 | Fifth Third Bank, National Association | 86 | 62 | 62 | 1,342 | Bank |
| 6 | Three Rivers Federal Credit Union | 86 | 65 | 78 | 1,246 | Credit Union |
| 7 | First Merchants Bank | 86 | 66 | 71 | 956 | Bank |
| 8 | PURDUE | 86 | 79 | 77 | 419 | Credit Union |
| 9 | INDIANA UNIVERSITY CREDIT UNION | 86 | 82 | 73 | 308 | Credit Union |
| 10 | VICTORY MORTGAGE, L.L.C. | 86 | 90 | 73 | 254 | Independent Mortgage Company |
| 11 | UNITED WHOLESALE MORTGAGE, LLC | 84 | 41 | 93 | 3,640 | Independent Mortgage Company |
| 12 | VANDERBILT MORTGAGE AND FINANCE, INC. | 84 | 51 | 82 | 1,219 | Independent Mortgage Company |
| 13 | MORTGAGE MASTERS OF INDIANA, INC. | 84 | 59 | 85 | 801 | Independent Mortgage Company |
| 14 | Centra Credit Union | 84 | 41 | 83 | 513 | Credit Union |
| 15 | INDIANA MEMBERS CREDIT UNION | 84 | 86 | 53 | 466 | Credit Union |
| 16 | NOTRE DAME FEDERAL CREDIT UNION CORPORATION | 84 | 48 | 84 | 466 | Credit Union |
| 17 | The Huntington National Bank | 80 | 61 | 75 | 951 | Bank |
| 18 | PNC Bank, National Association | 80 | 71 | 61 | 554 | Bank |
| 19 | U.S. Bank National Association | 80 | 75 | 71 | 309 | Bank |
| 20 | KeyBank National Association | 80 | 71 | 69 | 276 | Bank |
| 21 | Heritage Federal Credit Union | 80 | 62 | 78 | 267 | Credit Union |
| 22 | PROFED CREDIT UNION | 80 | 68 | 63 | 239 | Credit Union |
| 23 | The State Bank and Trust Company | 80 | 77 | 65 | 218 | Bank |
| 24 | RUOFF MORTGAGE COMPANY, INC. | 78 | 43 | 75 | 5,510 | Independent Mortgage Company |
| 25 | JPMorgan Chase Bank, National Association | 78 | 49 | 70 | 2,061 | Bank |
| 26 | FREEDOM MORTGAGE CORPORATION | 78 | 55 | 67 | 1,304 | Independent Mortgage Company |
| 27 | MJW FINANCIAL LLC | 78 | 49 | 71 | 1,221 | Independent Mortgage Company |
| 28 | Union Savings Bank | 78 | 58 | 80 | 790 | Bank |
| 29 | First Financial Bank | 78 | 42 | 72 | 700 | Bank |
| 30 | Centier Bank | 78 | 57 | 72 | 575 | Bank |
| 31 | German American Bank | 78 | 66 | 52 | 511 | Bank |
| 32 | NAVY FEDERAL CREDIT UNION | 78 | 93 | 60 | 475 | Credit Union |
| 33 | FORUM | 78 | 76 | 54 | 469 | Credit Union |
| 34 | Horizon Bank | 78 | 44 | 63 | 468 | Bank |
| 35 | 1st Source Bank | 78 | 55 | 69 | 433 | Bank |
| 36 | University Bank | 78 | 46 | 86 | 270 | Bank |
| 37 | CRANE | 78 | 89 | 57 | 199 | Credit Union |
| 38 | ROCKET MORTGAGE, LLC | 74 | 29 | 95 | 6,448 | Independent Mortgage Company |
| 39 | FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 74 | 24 | 85 | 2,784 | Independent Mortgage Company |
| 40 | UNION HOME MORTGAGE CORP. | 74 | 22 | 83 | 1,275 | Independent Mortgage Company |
| 41 | GUARANTEED RATE, INC. | 73 | 41 | 69 | 982 | Independent Mortgage Company |
| 42 | LOANDEPOT.COM, LLC | 73 | 48 | 76 | 811 | Independent Mortgage Company |
| 43 | PENNYMAC LOAN SERVICES, LLC | 73 | 56 | 63 | 458 | Independent Mortgage Company |
| 44 | Regions Bank | 73 | 41 | 64 | 376 | Bank |
| 45 | INTERRA CREDIT UNION | 73 | 48 | 66 | 352 | Credit Union |
| 46 | Wells Fargo Bank, National Association | 73 | 63 | 59 | 319 | Bank |
| 47 | Jackson County Bank | 73 | 66 | 52 | 272 | Bank |
| 48 | First Financial Bank, National Association | 73 | 58 | 68 | 268 | Bank |
| 49 | Merchants Bank of Indiana | 73 | 59 | 62 | 232 | Bank |
| 50 | Mortgage Research Center, LLC | 68 | 34 | 70 | 1,700 | 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 Indiana.

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.