Safe Rate Rankings

Best Conventional Mortgage Lenders in Indiana

Updated May 24, 2026
⚖️ The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
🛡️ No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
📊 HMDA 2024Built using publicly available originated loan data from the federal government.
🎯 Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.
Total Lenders334
Total Loans90,243
Median Rate Spread0.38%

Shopping for a mortgage? Click the heart icon to save lenders to My Home and make comparison painless.

RankLenderOverallPricingProductPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
Old National BankBank
Exceptional
Exceptional
Exceptional
Strong
Exceptional
$855Fees
0.103%Below
1,017
2
Three Rivers Federal Credit UnionCredit Union
Exceptional
Strong
Exceptional
Strong
Exceptional
$994Fees
0.285%Above
1,246
3
First Merchants BankBank
Exceptional
Strong
Exceptional
Strong
Exceptional
$1,223Fees
0.290%Above
956
4
LibertyCredit Union
Exceptional
Strong
Exceptional
Strong
Exceptional
$999Fees
0.350%Above
869
5
MORTGAGE MASTERS OF INDIANA, INC.Independent Mortgage Company
Exceptional
Strong
Strong
Exceptional
Exceptional
$1,482Fees
0.319%Above
801
6
Elements Financial Federal Credit UnionCredit Union
Exceptional
Exceptional
Strong
Sound
Exceptional
$1,100Fees
0.112%Above
500
7
NAVY FEDERAL CREDIT UNIONCredit Union
Exceptional
Exceptional
Exceptional
Sound
Strong
$702Fees
0.482%Below
475
8
INDIANA MEMBERS CREDIT UNIONCredit Union
Exceptional
Exceptional
Strong
Sound
Exceptional
$1,094Fees
0.280%Below
466
9
INDIANA UNIVERSITY CREDIT UNIONCredit Union
Exceptional
Exceptional
Strong
Strong
Strong
$75Fees
0.059%Above
308
10
VICTORY MORTGAGE, L.L.C.Independent Mortgage Company
Exceptional
Exceptional
Strong
Strong
Strong
$632Fees
0.030%Below
254
11
Fifth Third Bank, National AssociationBank
Exceptional
Strong
Exceptional
Sound
Exceptional
$787Fees
0.353%Above
1,342
12
The Huntington National BankBank
Exceptional
Strong
Exceptional
Strong
Strong
$1,093Fees
0.440%Above
951
13
EVERWISE CREDIT UNIONCredit Union
Exceptional
Strong
Strong
Strong
Exceptional
$642Fees
0.216%Above
665
14
PNC Bank, National AssociationBank
Exceptional
Strong
Exceptional
Strong
Strong
$66Credit
0.289%Above
554
15
German American BankBank
Exceptional
Strong
Strong
Strong
Exceptional
$804Fees
0.148%Above
511
16
PURDUECredit Union
Exceptional
Strong
Strong
Strong
Exceptional
$713Fees
0.158%Above
419
17
U.S. Bank National AssociationBank
Exceptional
Strong
Exceptional
Strong
Strong
$748Fees
0.226%Above
309
18
KeyBank National AssociationBank
Exceptional
Strong
Exceptional
Strong
Strong
$1,128Fees
0.214%Above
276
19
CRANECredit Union
Exceptional
Exceptional
Sound
Strong
Strong
$698Fees
0.135%Above
199
20
RUOFF MORTGAGE COMPANY, INC.Independent Mortgage Company
Exceptional
Sound
Exceptional
Strong
Exceptional
$1,831Fees
0.432%Above
5,510
21
JPMorgan Chase Bank, National AssociationBank
Exceptional
Sound
Exceptional
Strong
Exceptional
$1,932Fees
0.269%Above
2,061
22
VANDERBILT MORTGAGE AND FINANCE, INC.Independent Mortgage Company
Exceptional
Sound
Exceptional
Strong
Exceptional
$4,447Fees
0.019%Above
1,219
23
Union Savings BankBank
Exceptional
Sound
Exceptional
Strong
Exceptional
$911Fees
0.189%Above
790
24
First Financial BankBank
Exceptional
Sound
Exceptional
Strong
Exceptional
$1,327Fees
0.531%Above
700
25
Centra Credit UnionCredit Union
Exceptional
Sound
Strong
Exceptional
Exceptional
$981Fees
0.310%Above
513
26
NOTRE DAME FEDERAL CREDIT UNION CORPORATIONCredit Union
Exceptional
Sound
Strong
Exceptional
Exceptional
$1,177Fees
0.391%Above
466
27
Wells Fargo Bank, National AssociationBank
Exceptional
Strong
Exceptional
Sound
Strong
$2,204Fees
0.161%Above
319
28
Jackson County BankBank
Exceptional
Strong
Strong
Strong
Strong
$954Fees
0.082%Above
272
29
Heritage Federal Credit UnionCredit Union
Exceptional
Strong
Strong
Strong
Strong
$600Fees
0.379%Above
267
30
The State Bank and Trust CompanyBank
Exceptional
Strong
Strong
Strong
Strong
$1,054Fees
0.162%Above
218
31
ROCKET MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$3,509Fees
0.481%Above
6,448
32
UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$2,474Fees
0.318%Above
3,640
33
MJW FINANCIAL LLCIndependent Mortgage Company
Strong
Sound
Strong
Strong
Exceptional
$1,611Fees
0.383%Above
1,221
34
LOANDEPOT.COM, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$3,137Fees
0.526%Above
811
35
Centier BankBank
Strong
Sound
Strong
Strong
Exceptional
$655Fees
0.522%Above
575
36
FORUMCredit Union
Strong
Strong
Sound
Sound
Exceptional
$1,106Fees
0.052%Above
469
37
Horizon BankBank
Strong
Sound
Strong
Strong
Exceptional
$1,577Fees
0.440%Above
468
38
1st Source BankBank
Strong
Sound
Strong
Strong
Exceptional
$1,043Fees
0.377%Above
433
39
PLAZA HOME MORTGAGE, INC.Independent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$1,401Fees
0.553%Above
322
40
MUTUAL OF OMAHA MORTGAGE, INC.Independent Mortgage Company
Strong
Strong
Strong
Sound
Strong
$1,431Fees
0.237%Above
277
41
GVC MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$3,110Fees
0.547%Above
3,045
42
FAIRWAY INDEPENDENT MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$2,757Fees
0.617%Above
2,784
43
FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Sound
Strong
Sound
Exceptional
$2,132Fees
0.474%Above
1,304
44
UNION HOME MORTGAGE CORP.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$2,411Fees
0.732%Above
1,275
45
PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Sound
Strong
$1,142Fees
0.031%Above
458
46
INTERRA CREDIT UNIONCredit Union
Strong
Sound
Strong
Strong
Strong
$739Fees
0.193%Above
352
47
First Farmers Bank & Trust Co.Bank
Strong
Sound
Strong
Strong
Strong
$986Fees
0.611%Above
284
48
First Financial Bank, National AssociationBank
Strong
Sound
Strong
Strong
Strong
$1,003Fees
0.352%Above
268
49
Security Federal Savings BankBank
Strong
Sound
Sound
Exceptional
Strong
$742Fees
0.365%Above
206
50
AMERIHOME MORTGAGE COMPANY, LLCIndependent Mortgage Company
Strong
Sound
Strong
Strong
Strong
$2,310Fees
0.460%Above
191

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 40 Points)

10
Pricing
Rate and fee competitiveness (25%)
10
Pull Through
Reliability in closing loans (25%)
10
Product
Specialization in the loan type (25%)
10
Place
Local market expertise (25%)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.