Safe Rate Rankings

Best All Lender Mortgage Lenders in Indianapolis

Updated May 21, 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 Lenders197
Total Loans32,863
Median Rate Spread0.35%

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RankLenderOverallPricingPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
Elements Financial Federal Credit UnionCredit Union
Exceptional
Exceptional
Strong
Exceptional
$1,096Fees
0.115%Above
452
2
Old National BankBank
Exceptional
Exceptional
Strong
Strong
$863Fees
0.418%Below
342
3
INDIANA MEMBERS CREDIT UNIONCredit Union
Exceptional
Exceptional
Sound
Exceptional
$1,106Fees
0.235%Below
323
4
VICTORY MORTGAGE, L.L.C.Independent Mortgage Company
Exceptional
Exceptional
Strong
Strong
$628Fees
0.050%Below
223
5
EVERWISE CREDIT UNIONCredit Union
Exceptional
Exceptional
Strong
Strong
$430Fees
0.201%Above
109
6
The Huntington National BankBank
Exceptional
Strong
Strong
Exceptional
$1,042Fees
0.408%Above
531
7
NAVY FEDERAL CREDIT UNIONCredit Union
Exceptional
Exceptional
Sound
Strong
$594Fees
0.446%Below
137
8
PROVIDENT FUNDING ASSOCIATES, L.P.Independent Mortgage Company
Exceptional
Exceptional
Sound
Strong
$1,085Fees
0.037%Above
121
9
UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Exceptional
$2,607Fees
0.279%Above
1,801
10
VANDERBILT MORTGAGE AND FINANCE, INC.Independent Mortgage Company
Strong
Sound
Exceptional
Exceptional
$4,291Fees
0.004%Above
966
11
FORUMCredit Union
Strong
Strong
Sound
Exceptional
$1,168Fees
0.018%Above
411
12
Fifth Third Bank, National AssociationBank
Strong
Strong
Strong
Strong
$696Fees
0.264%Above
409
13
First Merchants BankBank
Strong
Strong
Strong
Strong
$976Fees
0.254%Above
254
14
PNC Bank, National AssociationBank
Strong
Strong
Strong
Strong
$463Credit
0.260%Above
210
15
KeyBank National AssociationBank
Strong
Strong
Strong
Strong
$966Fees
0.234%Above
190
16
The State Bank and Trust CompanyBank
Strong
Strong
Strong
Strong
$1,022Fees
0.146%Above
162
17
U.S. Bank National AssociationBank
Strong
Strong
Strong
Strong
$582Fees
0.150%Above
121
18
Bank of America, National AssociationBank
Strong
Strong
Strong
Strong
$1,012Fees
0.044%Below
102
19
RUOFF MORTGAGE COMPANY, INC.Independent Mortgage Company
Strong
Sound
Strong
Exceptional
$1,858Fees
0.375%Above
1,232
20
MJW FINANCIAL LLCIndependent Mortgage Company
Strong
Sound
Strong
Exceptional
$1,564Fees
0.354%Above
1,020
21
JPMorgan Chase Bank, National AssociationBank
Strong
Sound
Strong
Exceptional
$1,887Fees
0.209%Above
765
22
Union Savings BankBank
Strong
Sound
Strong
Exceptional
$1,004Fees
0.183%Above
494
23
FIRST EQUITY MORTGAGE INCORPORATEDIndependent Mortgage Company
Strong
Strong
Sound
Strong
$1,005Fees
0.126%Above
128
24
Centra Credit UnionCredit Union
Strong
Sound
Exceptional
Strong
$897Fees
0.254%Above
102
25
Wells Fargo Bank, National AssociationBank
Strong
Strong
Sound
Strong
$2,059Fees
0.124%Above
90
26
Jackson County BankBank
Strong
Strong
Sound
Strong
$1,174Fees
0.154%Above
80
27
ROCKET MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
$3,533Fees
0.386%Above
2,281
28
FAIRWAY INDEPENDENT MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
$2,630Fees
0.552%Above
1,580
29
UNION HOME MORTGAGE CORP.Independent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
$2,193Fees
0.661%Above
647
30
FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Sound
Strong
Strong
$1,950Fees
0.346%Above
501
31
GUARANTEED RATE, INC.Independent Mortgage Company
Strong
Sound
Strong
Strong
$1,977Fees
0.371%Above
261
32
LOANDEPOT.COM, LLCIndependent Mortgage Company
Strong
Sound
Strong
Strong
$3,102Fees
0.456%Above
251
33
Merchants Bank of IndianaBank
Strong
Sound
Strong
Strong
$1,383Fees
0.156%Above
192
34
Regions BankBank
Strong
Sound
Strong
Strong
$1,401Fees
0.415%Above
165
35
PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company
Strong
Sound
Strong
Strong
$1,428Fees
0.038%Below
144
36
Centier BankBank
Strong
Sound
Strong
Strong
$569Fees
0.554%Above
105
37
First Financial BankBank
Strong
Sound
Strong
Strong
$1,565Fees
0.467%Above
103
38
FLAT BRANCH MORTGAGE, INC.Independent Mortgage Company
Strong
Sound
Exceptional
Sound
$1,686Fees
0.297%Above
83
39
CROSSCOUNTRY MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Strong
Exceptional
$2,829Fees
0.636%Above
804
40
GUILD MORTGAGE COMPANY LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
$2,085Fees
0.440%Above
421
41
M/I FINANCIAL, LLCIndependent Mortgage Company
Strong
Acceptable
Strong
Exceptional
$6,197Fees
0.533%Below
414
42
FIRST COMMUNITY MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
$3,767Fees
0.628%Above
240
43
GoodLeap, LLCIndependent Mortgage Company
Strong
Sound
Sound
Strong
$4,021Fees
0.032%Above
210
44
PRIMELENDING, A PLAINSCAPITAL COMPANYIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
$2,728Fees
0.596%Above
117
45
CMG MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
$2,132Fees
0.567%Above
105
46
MUTUAL OF OMAHA MORTGAGE, INC.Independent Mortgage Company
Strong
Sound
Sound
Strong
$1,290Fees
0.105%Above
102
47
STAR Financial BankBank
Strong
Sound
Sound
Strong
$1,050Fees
0.063%Above
89
48
USAA Federal Savings BankBank
Strong
Sound
Sound
Strong
$1,762Fees
0.163%Below
89
49
Mortgage Research Center, LLCIndependent Mortgage Company
Strong
Acceptable
Strong
Strong
$1,742Fees
0.444%Above
520
50
HOWARD HANNA FINANCIAL SERVICES, INC.Independent Mortgage Company
Strong
Acceptable
Strong
Strong
$2,196Fees
0.363%Above
264

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 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Place
Local market expertise (33%)

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.