🛡️
Safe Rate's TrueRank Guarantee
Our rankings are earned, not bought. We analyze 2,347 lenders using federal HMDA data—no pay-to-play, no cherry-picking. You see the best options based on performance metrics, not advertising dollars.
Best FHA Mortgage Lenders in Indiana
Updated February 6, 2026
Market Overview
334
Total Lenders
90,243
Total Loans
0.38%
Median Rate Spread
| Rank | Lender | Overall | Pricing | Product | Pull Through | Place | Avg Fees | Spread | Volume | Action |
|---|---|---|---|---|---|---|---|---|---|---|
1 | Union Savings Bank | Exceptional | Exceptional | Strong | Strong | Exceptional | $911 | +0.189% | 790 | |
2 | EVERWISE CREDIT UNION | Exceptional | Exceptional | Strong | Strong | Exceptional | $642 | +0.216% | 665 | |
3 | FREEDOM MORTGAGE CORPORATION | Exceptional | Strong | Exceptional | Strong | Exceptional | $2,132 | +0.474% | 1,304 | |
4 | Old National Bank | Exceptional | Exceptional | Strong | Sound | Exceptional | $855 | -0.103% | 1,017 | |
5 | Liberty | Exceptional | Strong | Exceptional | Strong | Exceptional | $999 | +0.350% | 869 | |
6 | Elements Financial Federal Credit Union | Exceptional | Exceptional | Sound | Strong | Exceptional | $1,100 | +0.112% | 500 | |
7 | NOTRE DAME FEDERAL CREDIT UNION CORPORATION | Exceptional | Strong | Strong | Exceptional | Exceptional | $1,177 | +0.391% | 466 | |
8 | VICTORY MORTGAGE, L.L.C. | Exceptional | Exceptional | Strong | Strong | Strong | $632 | -0.030% | 254 | |
9 | UNITED WHOLESALE MORTGAGE, LLC | Exceptional | Sound | Exceptional | Exceptional | Exceptional | $2,474 | +0.318% | 3,640 | |
10 | Fifth Third Bank, National Association | Exceptional | Strong | Exceptional | Sound | Exceptional | $787 | +0.353% | 1,342 | |
11 | VANDERBILT MORTGAGE AND FINANCE, INC. | Exceptional | Sound | Exceptional | Exceptional | Exceptional | $4,447 | +0.019% | 1,219 | |
12 | The Huntington National Bank | Exceptional | Strong | Exceptional | Strong | Strong | $1,093 | +0.440% | 951 | |
13 | Prosperity Home Mortgage, LLC | Exceptional | Strong | Exceptional | Strong | Strong | $2,188 | +0.387% | 318 | |
14 | KeyBank National Association | Exceptional | Exceptional | Strong | Sound | Strong | $1,128 | +0.214% | 276 | |
15 | University Bank | Exceptional | Strong | Strong | Exceptional | Strong | $2,643 | +0.261% | 270 | |
16 | First Merchants Bank | Exceptional | Strong | Strong | Sound | Exceptional | $1,223 | +0.290% | 956 | |
17 | MORTGAGE MASTERS OF INDIANA, INC. | Exceptional | Sound | Strong | Exceptional | Exceptional | $1,482 | +0.319% | 801 | |
18 | German American Bank | Exceptional | Strong | Strong | Sound | Exceptional | $804 | +0.148% | 511 | |
19 | PENNYMAC LOAN SERVICES, LLC | Exceptional | Strong | Exceptional | Sound | Strong | $1,142 | +0.031% | 458 | |
20 | GoodLeap, LLC | Exceptional | Strong | Exceptional | Sound | Strong | $3,691 | +0.156% | 430 | |
21 | U.S. Bank National Association | Exceptional | Strong | Exceptional | Sound | Strong | $748 | +0.226% | 309 | |
22 | ROCKET MORTGAGE, LLC | Strong | Acceptable | Exceptional | Exceptional | Exceptional | $3,509 | +0.481% | 6,448 | |
23 | FAIRWAY INDEPENDENT MORTGAGE CORPORATION | Strong | Acceptable | Exceptional | Exceptional | Exceptional | $2,757 | +0.617% | 2,784 | |
24 | NEWREZ LLC | Strong | Sound | Exceptional | Sound | Exceptional | $1,955 | +0.523% | 1,431 | |
25 | UNION HOME MORTGAGE CORP. | Strong | Acceptable | Exceptional | Exceptional | Exceptional | $2,411 | +0.732% | 1,275 | |
26 | MJW FINANCIAL LLC | Strong | Sound | Strong | Strong | Exceptional | $1,611 | +0.383% | 1,221 | |
27 | LOANDEPOT.COM, LLC | Strong | Sound | Exceptional | Strong | Strong | $3,137 | +0.526% | 811 | |
28 | Centier Bank | Strong | Strong | Sound | Sound | Exceptional | $655 | +0.522% | 575 | |
29 | PNC Bank, National Association | Strong | Strong | Strong | Sound | Strong | -$66 | +0.289% | 554 | |
30 | Flagstar Bank, N.A. | Strong | Sound | Exceptional | Strong | Strong | $1,965 | +0.449% | 483 | |
31 | Horizon Bank | Strong | Strong | Sound | Sound | Exceptional | $1,577 | +0.440% | 468 | |
32 | M/I FINANCIAL, LLC | Strong | Sound | Exceptional | Strong | Strong | $6,197 | -0.533% | 414 | |
33 | THE LOAN STORE, INC. | Strong | Sound | Exceptional | Strong | Strong | $1,679 | +0.378% | 230 | |
34 | The State Bank and Trust Company | Strong | Strong | Sound | Strong | Strong | $1,054 | +0.162% | 218 | |
35 | RUOFF MORTGAGE COMPANY, INC. | Strong | Acceptable | Exceptional | Strong | Exceptional | $1,831 | +0.432% | 5,510 | |
36 | JPMorgan Chase Bank, National Association | Strong | Sound | Strong | Sound | Exceptional | $1,932 | +0.269% | 2,061 | |
37 | First Financial Bank | Strong | Sound | Strong | Sound | Exceptional | $1,327 | +0.531% | 700 | |
38 | FIRST COMMUNITY MORTGAGE, INC. | Strong | Acceptable | Exceptional | Exceptional | Strong | $3,283 | +0.618% | 551 | |
39 | Regions Bank | Strong | Sound | Exceptional | Sound | Strong | $1,570 | +0.473% | 376 | |
40 | HOWARD HANNA FINANCIAL SERVICES, INC. | Strong | Sound | Strong | Strong | Strong | $2,203 | +0.378% | 289 | |
41 | PRIMELENDING, A PLAINSCAPITAL COMPANY | Strong | Acceptable | Exceptional | Exceptional | Strong | $2,835 | +0.632% | 233 | |
42 | Magnolia Bank, Incorporated | Strong | Sound | Strong | Strong | Strong | $2,036 | +0.291% | 221 | |
43 | GUARANTEED RATE, INC. | Strong | Acceptable | Exceptional | Strong | Strong | $2,260 | +0.437% | 982 | |
44 | GUILD MORTGAGE COMPANY LLC | Strong | Acceptable | Exceptional | Strong | Strong | $2,505 | +0.468% | 867 | |
45 | STOCKTON MORTGAGE CORPORATION | Strong | Acceptable | Exceptional | Strong | Strong | $2,095 | +0.556% | 653 | |
46 | CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | Strong | Acceptable | Exceptional | Strong | Strong | $2,851 | +0.832% | 641 | |
47 | CMG MORTGAGE, INC. | Strong | Acceptable | Exceptional | Strong | Strong | $2,036 | +0.626% | 549 | |
48 | MOVEMENT MORTGAGE, LLC | Strong | Acceptable | Exceptional | Strong | Strong | $2,778 | +0.662% | 475 | |
49 | AMERICAN FINANCIAL NETWORK, INC. | Strong | Acceptable | Exceptional | Strong | Strong | $1,733 | +0.746% | 442 | |
50 | PLAZA HOME MORTGAGE, INC. | Strong | Acceptable | Exceptional | Strong | Strong | $1,401 | +0.553% | 322 |
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.
Ready to find your perfect lender?
Get personalized recommendations based on your specific needs
IndianaFHA
No credit impact
3-minute process
100% free