# Best Mortgage Lenders in Indianapolis

**As of:** 2026-05-21

Compare the top mortgage lenders in Indianapolis. Data-driven rankings based on pricing, approval rates, and local market expertise.

> **Canonical URL:** https://saferate.com/indianapolis/best-mortgage-lenders


> **📋 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:** 197
- **Total Loans:** 32,863
- **Median Rate Spread:** 0.3450880829015544%

## Top Lenders

| Rank | Lender | SafeRate Score | Pricing | Pull-Through | Volume | Type |
|------|--------|----------------|---------|--------------|--------|------|
| 1 | Elements Financial Federal Credit Union | 93 | 80 | 61 | 452 | Credit Union |
| 2 | The Huntington National Bank | 86 | 61 | 75 | 531 | Bank |
| 3 | Old National Bank | 86 | 84 | 70 | 342 | Bank |
| 4 | VICTORY MORTGAGE, L.L.C. | 86 | 90 | 73 | 223 | Independent Mortgage Company |
| 5 | EVERWISE CREDIT UNION | 86 | 83 | 71 | 109 | Credit Union |
| 6 | UNITED WHOLESALE MORTGAGE, LLC | 84 | 41 | 93 | 1,801 | Independent Mortgage Company |
| 7 | VANDERBILT MORTGAGE AND FINANCE, INC. | 84 | 51 | 82 | 966 | Independent Mortgage Company |
| 8 | INDIANA MEMBERS CREDIT UNION | 84 | 86 | 53 | 323 | Credit Union |
| 9 | Fifth Third Bank, National Association | 80 | 62 | 62 | 409 | Bank |
| 10 | First Merchants Bank | 80 | 66 | 71 | 254 | Bank |
| 11 | PNC Bank, National Association | 80 | 71 | 61 | 210 | Bank |
| 12 | KeyBank National Association | 80 | 71 | 69 | 190 | Bank |
| 13 | The State Bank and Trust Company | 80 | 77 | 65 | 162 | Bank |
| 14 | U.S. Bank National Association | 80 | 75 | 71 | 121 | Bank |
| 15 | Bank of America, National Association | 80 | 73 | 75 | 102 | Bank |
| 16 | RUOFF MORTGAGE COMPANY, INC. | 78 | 43 | 75 | 1,232 | Independent Mortgage Company |
| 17 | MJW FINANCIAL LLC | 78 | 49 | 71 | 1,020 | Independent Mortgage Company |
| 18 | JPMorgan Chase Bank, National Association | 78 | 49 | 70 | 765 | Bank |
| 19 | Union Savings Bank | 78 | 58 | 80 | 494 | Bank |
| 20 | FORUM | 78 | 76 | 54 | 411 | Credit Union |
| 21 | NAVY FEDERAL CREDIT UNION | 78 | 93 | 60 | 137 | Credit Union |
| 22 | PROVIDENT FUNDING ASSOCIATES, L.P. | 78 | 83 | 55 | 121 | Independent Mortgage Company |
| 23 | Centra Credit Union | 78 | 41 | 83 | 102 | Credit Union |
| 24 | ROCKET MORTGAGE, LLC | 74 | 29 | 95 | 2,281 | Independent Mortgage Company |
| 25 | FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 74 | 24 | 85 | 1,580 | Independent Mortgage Company |
| 26 | UNION HOME MORTGAGE CORP. | 74 | 22 | 83 | 647 | Independent Mortgage Company |
| 27 | FREEDOM MORTGAGE CORPORATION | 73 | 55 | 67 | 501 | Independent Mortgage Company |
| 28 | GUARANTEED RATE, INC. | 73 | 41 | 69 | 261 | Independent Mortgage Company |
| 29 | LOANDEPOT.COM, LLC | 73 | 48 | 76 | 251 | Independent Mortgage Company |
| 30 | Merchants Bank of Indiana | 73 | 59 | 62 | 192 | Bank |
| 31 | Regions Bank | 73 | 41 | 64 | 165 | Bank |
| 32 | PENNYMAC LOAN SERVICES, LLC | 73 | 56 | 63 | 144 | Independent Mortgage Company |
| 33 | FIRST EQUITY MORTGAGE INCORPORATED | 73 | 72 | 42 | 128 | Independent Mortgage Company |
| 34 | Centier Bank | 73 | 57 | 72 | 105 | Bank |
| 35 | First Financial Bank | 73 | 42 | 72 | 103 | Bank |
| 36 | Wells Fargo Bank, National Association | 73 | 63 | 59 | 90 | Bank |
| 37 | Jackson County Bank | 73 | 66 | 52 | 80 | Bank |
| 38 | FLAT BRANCH MORTGAGE, INC. | 71 | 50 | 89 | 83 | Independent Mortgage Company |
| 39 | CROSSCOUNTRY MORTGAGE, LLC | 68 | 20 | 76 | 804 | Independent Mortgage Company |
| 40 | M/I FINANCIAL, LLC | 68 | 38 | 75 | 414 | Independent Mortgage Company |
| 41 | GUILD MORTGAGE COMPANY LLC | 68 | 25 | 83 | 421 | Independent Mortgage Company |
| 42 | FIRST COMMUNITY MORTGAGE, INC. | 68 | 31 | 89 | 240 | Independent Mortgage Company |
| 43 | PRIMELENDING, A PLAINSCAPITAL COMPANY | 68 | 26 | 83 | 117 | Independent Mortgage Company |
| 44 | CMG MORTGAGE, INC. | 68 | 33 | 81 | 105 | Independent Mortgage Company |
| 45 | GoodLeap, LLC | 66 | 52 | 56 | 210 | Independent Mortgage Company |
| 46 | MUTUAL OF OMAHA MORTGAGE, INC. | 66 | 57 | 57 | 102 | Independent Mortgage Company |
| 47 | STAR Financial Bank | 66 | 51 | 43 | 89 | Bank |
| 48 | USAA Federal Savings Bank | 66 | 54 | 45 | 89 | Bank |
| 49 | Mortgage Research Center, LLC | 63 | 34 | 70 | 520 | Independent Mortgage Company |
| 50 | HOWARD HANNA FINANCIAL SERVICES, INC. | 63 | 38 | 74 | 264 | 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 Indianapolis.

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. **Local Place Knowledge:** Analyzes the lender's total number of loans originated in the specific geography to determine local market expertise.