# Best USDA Mortgage Lenders in Indiana

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

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

> **Canonical URL:** https://saferate.com/indiana/best-mortgage-lenders/usda-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 | Liberty | 95 | 90 | 62 | 869 | Credit Union |
| 2 | RUOFF MORTGAGE COMPANY, INC. | 89 | 66 | 78 | 5,510 | Independent Mortgage Company |
| 3 | UNITED WHOLESALE MORTGAGE, LLC | 89 | 62 | 75 | 3,640 | Independent Mortgage Company |
| 4 | NEWREZ LLC | 89 | 65 | 69 | 1,431 | Independent Mortgage Company |
| 5 | GUILD MORTGAGE COMPANY LLC | 85 | 71 | 78 | 867 | Independent Mortgage Company |
| 6 | Prosperity Home Mortgage, LLC | 85 | 63 | 75 | 318 | Independent Mortgage Company |
| 7 | University Bank | 85 | 74 | 72 | 270 | Bank |
| 8 | Fifth Third Bank, National Association | 83 | 82 | 52 | 1,342 | Bank |
| 9 | VANDERBILT MORTGAGE AND FINANCE, INC. | 83 | 47 | 61 | 1,219 | Independent Mortgage Company |
| 10 | EVERWISE CREDIT UNION | 83 | 83 | 71 | 665 | Credit Union |
| 11 | FIRST COMMUNITY MORTGAGE, INC. | 83 | 55 | 80 | 551 | Independent Mortgage Company |
| 12 | MORTGAGE MASTERS OF INDIANA, INC. | 80 | 30 | 83 | 801 | Independent Mortgage Company |
| 13 | MJW FINANCIAL LLC | 79 | 49 | 71 | 1,221 | Independent Mortgage Company |
| 14 | First Merchants Bank | 79 | 66 | 71 | 956 | Bank |
| 15 | CMG MORTGAGE, INC. | 79 | 48 | 72 | 549 | Independent Mortgage Company |
| 16 | German American Bank | 79 | 66 | 50 | 511 | Bank |
| 17 | AMERICAN FINANCIAL NETWORK, INC. | 79 | 43 | 61 | 442 | Independent Mortgage Company |
| 18 | PLAZA HOME MORTGAGE, INC. | 79 | 43 | 60 | 322 | Independent Mortgage Company |
| 19 | Magnolia Bank, Incorporated | 79 | 53 | 71 | 221 | Bank |
| 20 | GENEVA FINANCIAL, LLC | 75 | 21 | 86 | 340 | Independent Mortgage Company |
| 21 | Flagstar Bank, N.A. | 73 | 41 | 58 | 483 | Bank |
| 22 | STOCKTON MORTGAGE CORPORATION | 71 | 23 | 70 | 653 | Independent Mortgage Company |
| 23 | CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | 71 | 29 | 66 | 641 | Independent Mortgage Company |
| 24 | LOWER, LLC | 71 | 36 | 69 | 312 | Independent Mortgage Company |
| 25 | Equity Prime Mortgage LLC | 71 | 37 | 72 | 256 | Independent Mortgage Company |
| 26 | PRIMELENDING, A PLAINSCAPITAL COMPANY | 71 | 22 | 77 | 233 | Independent Mortgage Company |
| 27 | Mortgage Research Center, LLC | 70 | 34 | 47 | 1,700 | Independent Mortgage Company |
| 28 | Regions Bank | 66 | 32 | 57 | 376 | Bank |
| 29 | GVC MORTGAGE, INC. | 63 | 3 | 78 | 3,045 | Independent Mortgage Company |
| 30 | FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 63 | 17 | 73 | 2,784 | Independent Mortgage Company |
| 31 | UNION HOME MORTGAGE CORP. | 63 | 15 | 68 | 1,275 | Independent Mortgage Company |
| 32 | HALLMARK HOME MORTGAGE, LLC | 60 | 19 | 76 | 1,542 | Independent Mortgage Company |
| 33 | CROSSCOUNTRY MORTGAGE, LLC | 60 | 7 | 70 | 1,396 | Independent Mortgage Company |
| 34 | NEW AMERICAN FUNDING, LLC | 60 | 5 | 62 | 704 | Independent Mortgage Company |
| 35 | MOVEMENT MORTGAGE, LLC | 60 | 8 | 70 | 475 | Independent Mortgage Company |
| 36 | AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | 60 | 14 | 76 | 426 | Independent Mortgage Company |
| 37 | Wolfe Financial, Inc | 60 | 16 | 65 | 407 | Independent Mortgage Company |
| 38 | Ixonia Bank | 60 | 2 | 74 | 386 | Bank |
| 39 | DIRECT MORTGAGE LOANS, LLC | 60 | 17 | 72 | 288 | Independent Mortgage Company |
| 40 | AMERICAN PACIFIC MORTGAGE CORPORATION | 60 | 8 | 77 | 283 | Independent Mortgage Company |
| 41 | DIAMOND RESIDENTIAL MORTGAGE CORPORATION | 57 | 20 | 76 | 501 | Independent Mortgage Company |
| 42 | CALCON MUTUAL MORTGAGE LLC | 57 | 16 | 61 | 482 | Independent Mortgage Company |
| 43 | First Financial Bank | 52 | 42 | 17 | 700 | 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 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.