Mortgage Lenders and Brokers in Elberfeld, Indiana
Brian McKay
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iEditorial Disclosure
Editorial DisclosureLender lists come from federal HMDA loan data. Average rates come from our daily monitoring network. Editorial content is independent of any advertiser relationships.
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✓Fact Checked
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Loan Rates Last Updated and Verified: October 7, 2026
Elberfeld, Indiana mortgage lenders include Lnb Community BankLnb Community Bank910 W Main St, Boonville, IN 47601A+5.0 ★Texas Ratio: 1.88%, Heritage Federal Credit UnionHeritage Federal Credit Union55 W Main St, Elberfeld, IN 47613 9496C-3.6 ★Texas Ratio: 31.27%, Mortgage Masters of Indiana IncMortgage Masters of Indiana Inc801 S Memorial Dr, New Castle, IN 47362A+5.0 ★Texas Ratio: 3.37%, German American BankGerman American Bank2606 16th St, Bedford, IN 47421A+5.0 ★Texas Ratio: 1.93%, Fifth Third Bank, National AssociationFifth Third Bank, National Association100 Growth Pkwy, Angola, IN 46703A+5.0 ★Texas Ratio: 3.22%, Boonville Federal Savings BankBoonville Federal Savings Bank123 N 3rd St, Boonville, IN 47601A5.0 ★Texas Ratio: 7.34%, Peoples Trust and Savings BankPeoples Trust and Savings Bank132 S 3rd St, Boonville, IN 47601A5.0 ★Texas Ratio: 13.24%, Diamond Valley Federal Credit UnionDiamond Valley Federal Credit Union3150 Lynch Rd, Evansville, IN 47711 2936A+5.0 ★Texas Ratio: 1.94%, First Federal Savings BankFirst Federal Savings Bank2200 W Franklin St, Evansville, IN 47712A+5.0 ★Texas Ratio: 2.12%, and Sterling United FCUSterling United FCU5727 VOGEL RD, EVANSVILLE, IN 47715 7298A+5.0 ★Texas Ratio: 5.30%. Banks, credit unions and mortgage companies are listed together, with FHA, VA and local options flagged for quick comparison.
Lenders are ranked only by the number of home loans they closed in Elberfeld, Indiana in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Elberfeld are listed first, then lenders elsewhere in Indiana, then lenders from other states that closed loans there. Banks and credit unions carry a MonitorBankRates health grade, star rating and Texas Ratio, so you can judge how financially sound they are. Mortgage companies have no deposits to rate, so compare their loan programs, median loan and borrower reviews instead. Compare at least three lenders and ask each for a written loan estimate before you choose.
Mortgage Lenders and Brokers in Elberfeld, Indiana
Market share is the lender's share of all home loans closed in Elberfeld, Indiana. Approval share is approvals divided by completed applications. Grade is the MonitorBankRates Health and Safety Grade, available for banks and credit unions only. Average loan is the lender's mean loan amount here.
| Lender | Programs | Loans closed | Market share | Approval share | Average loan | View |
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910 W Main St, Boonville, IN 47601 A+5.0 ★Texas Ratio: 1.88% |
Conventional | 14 | 18.2% | 100% | $205,000 | View |
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55 W Main St, Elberfeld, IN 47613 9496 C-3.6 ★Texas Ratio: 31.27% |
Conventional | 12 | 15.6% | 80% | $114,166 | View |
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801 S Memorial Dr, New Castle, IN 47362 A+5.0 ★Texas Ratio: 3.37% |
Conventional, VA, USDA | 8 | 10.4% | 100% | $307,500 | View |
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2606 16th St, Bedford, IN 47421 A+5.0 ★Texas Ratio: 1.93% |
Conventional, FHA, HELOC | 3 +1 HELOCs |
3.9% | 100% | $238,333 | View |
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100 Growth Pkwy, Angola, IN 46703 A+5.0 ★Texas Ratio: 3.22% |
Conventional, HELOC | 1 +2 HELOCs |
1.3% | 50% | $35,000 | View |
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123 N 3rd St, Boonville, IN 47601 A5.0 ★Texas Ratio: 7.34% |
Conventional | 1 | 1.3% | 100% | $135,000 | View |
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132 S 3rd St, Boonville, IN 47601 A5.0 ★Texas Ratio: 13.24% |
Conventional | 1 | 1.3% | 100% | $65,000 | View |
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3150 Lynch Rd, Evansville, IN 47711 2936 A+5.0 ★Texas Ratio: 1.94% |
Conventional | 1 | 1.3% | 100% | $45,000 | View |
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2200 W Franklin St, Evansville, IN 47712 A+5.0 ★Texas Ratio: 2.12% |
Conventional | 1 | 1.3% | 100% | $185,000 | View |
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5727 VOGEL RD, EVANSVILLE, IN 47715 7298 A+5.0 ★Texas Ratio: 5.30% |
Conventional | 1 | 1.3% | 100% | $15,000 | View |
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7607 E US Highway 36, Avon, IN 46123 A5.0 ★Texas Ratio: 6.81% |
Conventional | 1 | 1.3% | 100% | $215,000 | View |
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2312 Charles St, Anderson, IN 46013 A+5.0 ★Texas Ratio: 4.98% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Gvc Mortgage, Inc.
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FHA | 1 | 1.3% | 100% | $85,000 | |
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A+5.0 ★Texas Ratio: 2.97% |
Conventional, HELOC | 13 +2 HELOCs |
16.9% | 100% | $107,307 | View |
Fair Way Lending, LLC
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Conventional | 3 | 3.9% | 100% | $168,333 | |
Newrez LLC
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Conventional | 2 | 2.6% | 100% | $210,000 | |
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A5.0 ★Texas Ratio: 11.06% |
Conventional | 1 | 1.3% | 100% | $235,000 | View |
Freedom Mortgage Corporation
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VA | 1 | 1.3% | 100% | $175,000 | |
Equity Prime Mortgage LLC
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USDA | 1 | 1.3% | 100% | $165,000 | |
CrossCountry Mortgage, LLC
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FHA | 1 | 1.3% | 100% | $95,000 | |
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A5.0 ★Texas Ratio: 7.31% |
Conventional | 1 | 1.3% | 100% | $375,000 | View |
Pennymac Loan Services LLC
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FHA | 1 | 1.3% | 100% | $155,000 | |
Guild Mortgage Company
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FHA | 1 | 1.3% | 100% | $185,000 | |
Calcon Mutual Mortgage LLC
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FHA | 1 | 1.3% | 100% | $205,000 | |
New Day Financial, LLC.
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VA | 1 | 1.3% | 100% | $245,000 | |
Churchill Mortgage Corporation
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Conventional | 1 | 1.3% | 100% | $205,000 | |
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A+5.0 ★Texas Ratio: 5.36% |
Conventional | 1 | 1.3% | 100% | $145,000 | View |
Nationstar Mortgage
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Conventional | 1 | 1.3% | 100% | $45,000 | |
Fairway Independent Mort Corp
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FHA | 1 | 1.3% | 100% | $155,000 | |
Plaza Home Mortgage, Inc
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FHA | 1 | 1.3% | 100% | $325,000 | |
loanDepot.com LLC
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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A+5.0 ★Texas Ratio: 2.32% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Lendage, LLC dba Achieve Loans
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HELOC | 0 +1 HELOCs |
0% | n/a |
Elberfeld Mortgage Rate Trends
Daily average mortgage rates for Indiana compared with the national average, updated every evening.
Mortgage Lenders and Mortgage Brokers Near Me in Elberfeld, Indiana
Looking for mortgage lenders near me or mortgage brokers near me in Elberfeld? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Elberfeld in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Elberfeld, IN
Use these to narrow the list above. Each category shows how many Elberfeld, IN lenders fit and what that kind of lender is usually best for.
Who Lends in Elberfeld, IN
Independent mortgage companies closed 32.5 percent of home loans in Elberfeld, Indiana in 2025, banks 31.2 percent and credit unions 36.4 percent. Mortgage Masters of Indiana Inc was the largest mortgage company, Lnb Community Bank the largest bank and Heritage Federal Credit Union the largest credit union. Among lenders headquartered in Indiana, Lnb Community Bank led with 14 loans.
How to Read This List
A high approval share with a small median loan usually points to a lender comfortable with first time and FHA borrowers. A large median loan with conventional and jumbo programs points to a move up and jumbo specialist. The health grade says whether a bank or credit union is financially sound; it says nothing about service, which is what the reviews below are for.
Title or escrow companies usually handle closings in Indiana. None
More Indiana Mortgage Lender Pages
Frequently Asked Questions About Mortgage Lenders in Elberfeld, IN
By home loans closed in 2025, Lnb Community Bank was the largest mortgage lender in Elberfeld, Indiana with 14 loans, about 18.2 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
8 lenders closed FHA loans in Elberfeld, Indiana in 2025, led by German American Bank with 1. 3 lenders closed VA loans, led by Mortgage Masters of Indiana Inc, and 2 closed USDA rural loans. Use the FHA and VA filters above the table to see only those lenders; FHA loans allow 3.5 percent down and lower credit scores, VA loans need no down payment for eligible veterans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Yes. 11 banks and 5 credit unions closed home loans in Elberfeld, Indiana in 2025, alongside 17 independent mortgage companies and brokers. Banks and credit unions carry a MonitorBankRates health grade. Mortgage companies are not deposit institutions, so they have no health grade; their HMDA figures and borrower reviews stand in. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Lenders are ranked only by the number of home loans they closed in Elberfeld, Indiana during 2025 as reported under the federal Home Mortgage Disclosure Act. No lender pays to be listed or to rank higher, and reviews do not change the order. Counts cover first and second lien loans on one to four unit homes for purchase, refinance and home improvement; home equity lines are counted separately.
Methodology and Sources
Lender rankings use the loan level records that lenders file under the Home Mortgage Disclosure Act, published by the FFIEC and the Consumer Financial Protection Bureau for the 2025 reporting year. Counts include originated first and subordinate lien loans on one to four unit homes in Elberfeld, Indiana for purchase, refinance and other purposes; home equity lines of credit are counted separately and reverse mortgages and business purpose loans are excluded. Approval share is originations plus approved but not accepted applications divided by all completed applications (withdrawn and incomplete files are excluded). Lender type comes from the lender's federal regulator and the FFIEC National Information Center. City figures use the Census tracts that make up Elberfeld. Health grades are MonitorBankRates data and are current as of the date shown. Lenders below the HMDA reporting thresholds do not appear. MonitorBankRates receives no payment for placement on this page. Last updated October 8, 2026.
