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Mortgage Rates in Tippecanoe County, IN

7.094%APR 7.124% · $1,747/mo (20% Down)
Updated daily · May 21, 2026+0.221% (14d)
Safe Rate Choice20% Down Conv.
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14-Day Rate Trend
+0.221%
LO 6.853%HI 7.094%TODAY 7.094%
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VA Loan Details for Tippecanoe County

2025 VA guidelines · Eligible veterans, active duty & surviving spouses

No monthly mortgage insurance — ever
A comparable conventional loan with <20% down would add approx. $230/mo in PMI. VA loans eliminate this cost for the life of the loan.
Down Payment
$0
0% required · no loan limit
Min. Credit Score
620+
Varies by lender
VA Funding Fee
$6,990
2.15% first use · can be financed
PMI
None
Eliminated for all VA loans
VA Funding Fee Table (2025)
Use0% Down5–9% Down10%+ Down
First Use2.15%1.50%1.25%
Subsequent3.30%1.50%1.25%
Exempt10%+ VA disability rating · Purple Heart · surviving spouses
  • VA entitlement allows multiple VA loans simultaneously if prior loan is paid off or entitlement is restored
  • No prepayment penalty — pay off your loan early at no cost
  • VA IRRRL (streamline refinance) available with no appraisal, minimal paperwork
ProductRate / APR Mo. Payment Points
VA IRRRL
VA streamline refinance
0% Down640 FICO30-yr
6.420%
6.570% APR
$1,857
Principal & Interest
$0 Points
VA 0% Down
VA purchase, no down payment
0% Down700 FICO30-yr
6.436%
6.681% APR
$2,085
Principal & Interest
$0 Points

Mortgage Rates in Tippecanoe County: Local Market Snapshot

Median Home Value
$293,564
2-Yr Appreciation
20.0%
increase
Median Income
$66,628
household
Price-to-Income
4.4x
stretched

Rates updated daily via Safe Rate's pricing engine using live investor rate sheets, calibrated to Tippecanoe County's local loan limits and FHFA market data. Your actual rate depends on credit score, down payment, and lender.

Frequently Asked Questions

Market Snapshot

FIPS 18157
Average Home Value
$293,564
Average Rent
$1,171/mo
Average Income
$66,628
Property Tax
$1,571/yr
Avg Loan
$249,673
Avg LTV
76.8%

Estimated Insurance

Homeowners Insurance
HO-3 policy · covers dwelling, property & liability
$62/mo
Flood Insurance$26/mo
Risk TierModerate
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Rates are representative estimates using base pricing sourced from national wholesale lenders. Safe Rate Mortgage is a broker driven platform. Estimated rates incorporate 1.40% lender paid compensation (minimum $2,000, maximum $4,000). At initial launch, no compensation occurs. Demographic and housing data sourced from public HUD and FHFA datasets.