Safe Rate Rankings

Best Conventional Mortgage Lenders in Indianapolis

Updated May 22, 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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RankLenderOverallPricingProductPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
Old National BankBank
Exceptional
Exceptional
Exceptional
Strong
Strong
$863Fees
0.418%Below
342
2
The Huntington National BankBank
Exceptional
Strong
Exceptional
Strong
Exceptional
$1,042Fees
0.408%Above
531
3
Elements Financial Federal Credit UnionCredit Union
Exceptional
Exceptional
Strong
Sound
Exceptional
$1,096Fees
0.115%Above
452
4
INDIANA MEMBERS CREDIT UNIONCredit Union
Exceptional
Exceptional
Strong
Sound
Exceptional
$1,106Fees
0.235%Below
323
5
VICTORY MORTGAGE, L.L.C.Independent Mortgage Company
Exceptional
Exceptional
Strong
Strong
Strong
$628Fees
0.050%Below
223
6
NAVY FEDERAL CREDIT UNIONCredit Union
Exceptional
Exceptional
Exceptional
Sound
Strong
$594Fees
0.446%Below
137
7
PROVIDENT FUNDING ASSOCIATES, L.P.Independent Mortgage Company
Exceptional
Exceptional
Exceptional
Sound
Strong
$1,085Fees
0.037%Above
121
8
First Merchants BankBank
Exceptional
Strong
Exceptional
Strong
Strong
$976Fees
0.254%Above
254
9
PNC Bank, National AssociationBank
Exceptional
Strong
Exceptional
Strong
Strong
$463Credit
0.260%Above
210
10
KeyBank National AssociationBank
Exceptional
Strong
Exceptional
Strong
Strong
$966Fees
0.234%Above
190
11
U.S. Bank National AssociationBank
Exceptional
Strong
Exceptional
Strong
Strong
$582Fees
0.150%Above
121
12
Bank of America, National AssociationBank
Exceptional
Strong
Exceptional
Strong
Strong
$1,012Fees
0.044%Below
102
13
RUOFF MORTGAGE COMPANY, INC.Independent Mortgage Company
Exceptional
Sound
Exceptional
Strong
Exceptional
$1,858Fees
0.375%Above
1,232
14
VANDERBILT MORTGAGE AND FINANCE, INC.Independent Mortgage Company
Exceptional
Sound
Exceptional
Strong
Exceptional
$4,291Fees
0.004%Above
966
15
JPMorgan Chase Bank, National AssociationBank
Exceptional
Sound
Exceptional
Strong
Exceptional
$1,887Fees
0.209%Above
765
16
Union Savings BankBank
Exceptional
Sound
Exceptional
Strong
Exceptional
$1,004Fees
0.183%Above
494
17
Fifth Third Bank, National AssociationBank
Exceptional
Strong
Exceptional
Sound
Strong
$696Fees
0.264%Above
409
18
The State Bank and Trust CompanyBank
Exceptional
Strong
Strong
Strong
Strong
$1,022Fees
0.146%Above
162
19
EVERWISE CREDIT UNIONCredit Union
Exceptional
Strong
Strong
Strong
Strong
$430Fees
0.201%Above
109
20
Wells Fargo Bank, National AssociationBank
Exceptional
Strong
Exceptional
Sound
Strong
$2,059Fees
0.124%Above
90
21
Jackson County BankBank
Exceptional
Strong
Strong
Strong
Strong
$1,174Fees
0.154%Above
80
22
ROCKET MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$3,533Fees
0.386%Above
2,281
23
UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$2,607Fees
0.279%Above
1,801
24
MJW FINANCIAL LLCIndependent Mortgage Company
Strong
Sound
Strong
Strong
Exceptional
$1,564Fees
0.354%Above
1,020
25
FORUMCredit Union
Strong
Strong
Sound
Sound
Exceptional
$1,168Fees
0.018%Above
411
26
LOANDEPOT.COM, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$3,102Fees
0.456%Above
251
27
FIRST EQUITY MORTGAGE INCORPORATEDIndependent Mortgage Company
Strong
Strong
Strong
Sound
Strong
$1,005Fees
0.126%Above
128
28
First Financial BankBank
Strong
Sound
Exceptional
Strong
Strong
$1,565Fees
0.467%Above
103
29
Centra Credit UnionCredit Union
Strong
Sound
Strong
Exceptional
Strong
$897Fees
0.254%Above
102
30
MUTUAL OF OMAHA MORTGAGE, INC.Independent Mortgage Company
Strong
Strong
Strong
Sound
Strong
$1,290Fees
0.105%Above
102
31
FLAT BRANCH MORTGAGE, INC.Independent Mortgage Company
Strong
Sound
Exceptional
Exceptional
Sound
$1,686Fees
0.297%Above
83
32
GVC MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$3,161Fees
0.446%Above
1,693
33
FAIRWAY INDEPENDENT MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$2,630Fees
0.552%Above
1,580
34
CROSSCOUNTRY MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$2,829Fees
0.636%Above
804
35
UNION HOME MORTGAGE CORP.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$2,193Fees
0.661%Above
647
36
PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Sound
Strong
$1,428Fees
0.038%Below
144
37
Centier BankBank
Strong
Sound
Strong
Strong
Strong
$569Fees
0.554%Above
105
38
PLAZA HOME MORTGAGE, INC.Independent Mortgage Company
Strong
Sound
Exceptional
Strong
Sound
$1,874Fees
0.701%Above
77
39
GUILD MORTGAGE COMPANY LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,085Fees
0.440%Above
421
40
M/I FINANCIAL, LLCIndependent Mortgage Company
Strong
Acceptable
Strong
Strong
Exceptional
$6,197Fees
0.533%Below
414
41
HOWARD HANNA FINANCIAL SERVICES, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,196Fees
0.363%Above
264
42
GUARANTEED RATE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$1,977Fees
0.371%Above
261
43
FIRST COMMUNITY MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,767Fees
0.628%Above
240
44
NATIONSTAR MORTGAGE LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,227Fees
0.652%Above
206
45
Regions BankBank
Strong
Acceptable
Exceptional
Strong
Strong
$1,401Fees
0.415%Above
165
46
Flagstar Bank, N.A.Bank
Strong
Acceptable
Exceptional
Strong
Strong
$1,637Fees
0.547%Above
159
47
LOWER, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$1,843Fees
0.581%Above
135
48
PRIMELENDING, A PLAINSCAPITAL COMPANYIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,728Fees
0.596%Above
117
49
CMG MORTGAGE, INC.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,132Fees
0.567%Above
105
50
Prosperity Home Mortgage, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,107Fees
0.299%Above
100

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.