# Best FHA Mortgage Lenders in Indiana

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

Compare the top FHA mortgage lenders in Indiana. Data-driven rankings based on rates, fees, and approval rates.

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

## Top Lenders

| Rank | Lender | SafeRate Score | Pricing | Pull-Through | Volume | Type |
|------|--------|----------------|---------|--------------|--------|------|
| 1 | FREEDOM MORTGAGE CORPORATION | 89 | 65 | 62 | 1,304 | Independent Mortgage Company |
| 2 | Liberty | 89 | 75 | 77 | 869 | Credit Union |
| 3 | Union Savings Bank | 89 | 90 | 71 | 790 | Bank |
| 4 | EVERWISE CREDIT UNION | 89 | 89 | 62 | 665 | Credit Union |
| 5 | NOTRE DAME FEDERAL CREDIT UNION CORPORATION | 89 | 74 | 80 | 466 | Credit Union |
| 6 | UNITED WHOLESALE MORTGAGE, LLC | 88 | 52 | 81 | 3,640 | Independent Mortgage Company |
| 7 | VANDERBILT MORTGAGE AND FINANCE, INC. | 88 | 59 | 83 | 1,219 | Independent Mortgage Company |
| 8 | The Huntington National Bank | 85 | 75 | 65 | 951 | Bank |
| 9 | Prosperity Home Mortgage, LLC | 85 | 63 | 72 | 318 | Independent Mortgage Company |
| 10 | University Bank | 85 | 66 | 85 | 270 | Bank |
| 11 | VICTORY MORTGAGE, L.L.C. | 85 | 85 | 74 | 254 | Independent Mortgage Company |
| 12 | Fifth Third Bank, National Association | 83 | 72 | 58 | 1,342 | Bank |
| 13 | Old National Bank | 83 | 91 | 60 | 1,017 | Bank |
| 14 | MORTGAGE MASTERS OF INDIANA, INC. | 83 | 56 | 88 | 801 | Independent Mortgage Company |
| 15 | Elements Financial Federal Credit Union | 83 | 82 | 68 | 500 | Credit Union |
| 16 | ROCKET MORTGAGE, LLC | 80 | 36 | 81 | 6,448 | Independent Mortgage Company |
| 17 | FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 80 | 20 | 82 | 2,784 | Independent Mortgage Company |
| 18 | UNION HOME MORTGAGE CORP. | 80 | 22 | 80 | 1,275 | Independent Mortgage Company |
| 19 | MJW FINANCIAL LLC | 79 | 54 | 71 | 1,221 | Independent Mortgage Company |
| 20 | First Merchants Bank | 79 | 63 | 55 | 956 | Bank |
| 21 | LOANDEPOT.COM, LLC | 79 | 59 | 68 | 811 | Independent Mortgage Company |
| 22 | German American Bank | 79 | 79 | 56 | 511 | Bank |
| 23 | Flagstar Bank, N.A. | 79 | 58 | 71 | 483 | Bank |
| 24 | PENNYMAC LOAN SERVICES, LLC | 79 | 78 | 59 | 458 | Independent Mortgage Company |
| 25 | GoodLeap, LLC | 79 | 62 | 58 | 430 | Independent Mortgage Company |
| 26 | M/I FINANCIAL, LLC | 79 | 47 | 80 | 414 | Independent Mortgage Company |
| 27 | U.S. Bank National Association | 79 | 65 | 60 | 309 | Bank |
| 28 | KeyBank National Association | 79 | 83 | 59 | 276 | Bank |
| 29 | THE LOAN STORE, INC. | 79 | 49 | 72 | 230 | Independent Mortgage Company |
| 30 | NEWREZ LLC | 77 | 52 | 56 | 1,431 | Independent Mortgage Company |
| 31 | RUOFF MORTGAGE COMPANY, INC. | 75 | 36 | 66 | 5,510 | Independent Mortgage Company |
| 32 | FIRST COMMUNITY MORTGAGE, INC. | 75 | 33 | 84 | 551 | Independent Mortgage Company |
| 33 | PRIMELENDING, A PLAINSCAPITAL COMPANY | 75 | 22 | 82 | 233 | Independent Mortgage Company |
| 34 | PNC Bank, National Association | 74 | 62 | 56 | 554 | Bank |
| 35 | HOWARD HANNA FINANCIAL SERVICES, INC. | 74 | 46 | 76 | 289 | Independent Mortgage Company |
| 36 | Magnolia Bank, Incorporated | 74 | 48 | 74 | 221 | Bank |
| 37 | The State Bank and Trust Company | 74 | 68 | 67 | 218 | Bank |
| 38 | JPMorgan Chase Bank, National Association | 73 | 59 | 47 | 2,061 | Bank |
| 39 | First Financial Bank | 73 | 58 | 52 | 700 | Bank |
| 40 | Centier Bank | 73 | 64 | 50 | 575 | Bank |
| 41 | Horizon Bank | 73 | 64 | 48 | 468 | Bank |
| 42 | Regions Bank | 73 | 60 | 59 | 376 | Bank |
| 43 | GUARANTEED RATE, INC. | 71 | 38 | 68 | 982 | Independent Mortgage Company |
| 44 | GUILD MORTGAGE COMPANY LLC | 71 | 29 | 80 | 867 | Independent Mortgage Company |
| 45 | STOCKTON MORTGAGE CORPORATION | 71 | 28 | 67 | 653 | Independent Mortgage Company |
| 46 | CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | 71 | 38 | 79 | 641 | Independent Mortgage Company |
| 47 | CMG MORTGAGE, INC. | 71 | 32 | 79 | 549 | Independent Mortgage Company |
| 48 | MOVEMENT MORTGAGE, LLC | 71 | 30 | 79 | 475 | Independent Mortgage Company |
| 49 | AMERICAN FINANCIAL NETWORK, INC. | 71 | 25 | 69 | 442 | Independent Mortgage Company |
| 50 | PLAZA HOME MORTGAGE, INC. | 71 | 30 | 65 | 322 | 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. **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.