Mortgage Lenders and Brokers in Elwood, 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
Elwood, Indiana mortgage lenders include First Farmers Bank & TrustFirst Farmers Bank & Trust10077 N State Road 37, Elwood, IN 46036A5.0 ★Texas Ratio: 7.53%, Star Financial BankStar Financial Bank125 S Anderson St, Elwood, IN 46036A+5.0 ★Texas Ratio: 2.87%, PNC Bank N.A.PNC Bank N.A.111 N Harrison St, Alexandria, IN 46001A+5.0 ★Texas Ratio: 4.24%, Huntington National BankHuntington National Bank101 S Harrison St, Alexandria, IN 46001A+5.0 ★Texas Ratio: 3.66%, Encompass Federal Credit UnionEncompass Federal Credit Union2115 W Holiday Rd, Frankfort, IN 46041 9100A5.0 ★Texas Ratio: 11.86%, First Merchants BankFirst Merchants Bank800 Main St Ste 100, Anderson, IN 46016A+5.0 ★Texas Ratio: 4.12%, Keybank National AssociationKeybank National Association5457 S Scatterfield Rd, Anderson, IN 46013A+5.0 ★Texas Ratio: 4.81%, Indiana Members Credit UnionIndiana Members Credit Union10438 E US Highway 36, Avon, IN 46123 7054A+5.0 ★Texas Ratio: 2.64%, Regions BankRegions Bank104 W 11th St, Bicknell, IN 47512A+5.0 ★Texas Ratio: 4.37%, and Merchants Bank of IndianaMerchants Bank of Indiana410 Monon Blvd, Carmel, IN 46032A5.0 ★Texas Ratio: 11.97%. 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 Elwood, Indiana in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Elwood 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 Elwood, Indiana
Market share is the lender's share of all home loans closed in Elwood, 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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1 office in Elwood 10077 N State Road 37, Elwood, IN 46036 A5.0 ★Texas Ratio: 7.53% |
Conventional, HELOC | 6 +10 HELOCs |
2.7% | 58.3% | $136,666 | View |
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1 office in Elwood 125 S Anderson St, Elwood, IN 46036 A+5.0 ★Texas Ratio: 2.87% |
Conventional, HELOC | 5 +9 HELOCs |
2.2% | 100% | $115,000 | View |
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★ 1.7 stars, 3 reviews 111 N Harrison St, Alexandria, IN 46001 A+5.0 ★Texas Ratio: 4.24% |
Conventional, FHA, HELOC | 11 +8 HELOCs |
4.9% | 84.6% | $145,909 | View |
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101 S Harrison St, Alexandria, IN 46001 A+5.0 ★Texas Ratio: 3.66% |
Conventional, FHA, HELOC | 7 +6 HELOCs |
3.1% | 100% | $127,857 | View |
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2115 W Holiday Rd, Frankfort, IN 46041 9100 A5.0 ★Texas Ratio: 11.86% |
Conventional | 3 | 1.3% | 60% | $75,000 | View |
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800 Main St Ste 100, Anderson, IN 46016 A+5.0 ★Texas Ratio: 4.12% |
Conventional, HELOC | 2 +1 HELOCs |
0.9% | 100% | $80,000 | View |
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5457 S Scatterfield Rd, Anderson, IN 46013 A+5.0 ★Texas Ratio: 4.81% |
Conventional | 2 | 0.9% | 100% | $140,000 | View |
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10438 E US Highway 36, Avon, IN 46123 7054 A+5.0 ★Texas Ratio: 2.64% |
Conventional, HELOC | 1 +3 HELOCs |
0.4% | 100% | $165,000 | View |
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104 W 11th St, Bicknell, IN 47512 A+5.0 ★Texas Ratio: 4.37% |
Conventional, HELOC | 1 +1 HELOCs |
0.4% | 100% | $135,000 | View |
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410 Monon Blvd, Carmel, IN 46032 A5.0 ★Texas Ratio: 11.97% |
Conventional, HELOC | 1 +1 HELOCs |
0.4% | 100% | $195,000 | View |
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2204 N Wayne St, Angola, IN 46703 D3.3 ★Texas Ratio: 35.11% |
Conventional | 1 | 0.4% | 100% | $185,000 | View |
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401 W State St, Albany, IN 47320 A+5.0 ★Texas Ratio: 3.99% |
Conventional | 1 | 0.4% | 100% | $65,000 | View |
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7503 Beechwood Centre Rd, Avon, IN 46123 A+5.0 ★Texas Ratio: 3.54% |
Conventional | 1 | 0.4% | 100% | $205,000 | View |
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100 Growth Pkwy, Angola, IN 46703 A+5.0 ★Texas Ratio: 3.22% |
Conventional | 1 | 0.4% | 100% | $145,000 | View |
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9114 E US Highway 36, Avon, IN 46123 7772 A+5.0 ★Texas Ratio: 1.80% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
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29 S Sr 267, Avon, IN 46123 A+5.0 ★Texas Ratio: 3.68% |
HELOC | 0 +1 HELOCs |
0% | n/a | 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 | |
Ruoff Mortgage Company
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Conventional, FHA, USDA | 15 | 6.6% | 90.9% | $175,666 | |
Madison County Federal Credit
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Conventional, HELOC | 7 +5 HELOCs |
3.1% | 87.5% | $89,285 | |
Gvc Mortgage, Inc.
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Conventional, FHA, VA, USDA | 6 | 2.7% | 100% | $168,333 | |
Elements Financial Federal Cre
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USDA, HELOC | 1 +2 HELOCs |
0.4% | 100% | $195,000 | |
Royal United Mortgage LLC
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VA | 1 | 0.4% | 33.3% | $95,000 | |
Mjw Financial LLC dba Mjw Mortgage
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USDA | 1 | 0.4% | 100% | $205,000 | |
Independent Federal Credit Uni
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Rocket Mortgage
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Conventional, FHA, VA | 22 | 9.7% | 81.5% | $119,090 | |
Fairway Independent Mort Corp
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Conventional, FHA, VA | 16 | 7.1% | 88.9% | $176,250 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 9 | 4% | 90% | $226,111 | |
Newrez LLC
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Conventional, VA, USDA | 6 | 2.7% | 100% | $126,666 | |
CrossCountry Mortgage, LLC
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Conventional, FHA | 6 | 2.7% | 100% | $168,333 | |
Calcon Mutual Mortgage LLC
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Conventional, FHA, USDA | 6 | 2.7% | 100% | $175,000 | |
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A+5.0 ★Texas Ratio: 4.14% |
Conventional, FHA, USDA | 5 | 2.2% | 100% | $149,000 | View |
Freedom Mortgage Corporation
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Conventional, FHA, VA | 5 | 2.2% | 83.3% | $183,000 | |
Union Home Mortgage Corp.
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Conventional, FHA, VA | 5 | 2.2% | 100% | $239,000 | |
Mortgage Research Center
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VA | 5 | 2.2% | 55.6% | $173,000 | |
New American Funding, LLC.
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Conventional, FHA, USDA | 5 | 2.2% | 83.3% | $109,000 | |
Primelending
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Conventional, FHA | 4 | 1.8% | 100% | $112,500 | |
Greenbox Loans
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Conventional | 4 | 1.8% | 100% | $85,000 | |
Nationstar Mortgage
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Conventional, VA | 4 | 1.8% | 100% | $112,500 | |
Lower, LLC
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Conventional, FHA | 4 | 1.8% | 57.1% | $152,500 | |
Guaranteed Rate, Inc.
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Conventional, FHA | 3 | 1.3% | 100% | $171,666 | |
Flat Branch Mortgage, Inc.
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FHA | 3 | 1.3% | 75% | $161,666 | |
Carrington Mortgage Services LLC
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Conventional, FHA | 3 | 1.3% | 100% | $78,333 | |
Milestone Home Lending, LLC
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Conventional, FHA | 2 | 0.9% | 100% | $170,000 | |
New Day Financial, LLC.
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VA | 2 | 0.9% | 75% | $160,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
Conventional, VA | 2 | 0.9% | 100% | $230,000 | View |
Navy Federal Credit Union
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Conventional | 2 | 0.9% | 66.7% | $145,000 | |
Plaza Home Mortgage, Inc
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Conventional, FHA | 2 | 0.9% | 66.7% | $185,000 | |
Southwest Funding LP
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Conventional, FHA | 2 | 0.9% | 100% | $85,000 | |
loanDepot.com LLC
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FHA, HELOC | 1 +1 HELOCs |
0.4% | 25% | $155,000 | |
Consumer Real Estate Finance Co DBA Society Mortgage
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USDA | 1 | 0.4% | 50% | $195,000 | |
Nbkc Bank
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Conventional | 1 | 0.4% | 100% | $125,000 | |
Howard Hanna Financial Services, Inc
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VA | 1 | 0.4% | 100% | $155,000 | |
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B+4.8 ★Texas Ratio: 17.16% |
FHA | 1 | 0.4% | 100% | $155,000 | View |
Filo Mortgage, LLC
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FHA | 1 | 0.4% | 100% | $215,000 | |
Pennymac Loan Services LLC
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VA | 1 | 0.4% | 50% | $175,000 | |
Amerisave Mortgage Company
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Conventional | 1 | 0.4% | 25% | $45,000 | |
Guild Mortgage Company
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FHA | 1 | 0.4% | 100% | $245,000 | |
Eustis Mortgage Corp
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USDA | 1 | 0.4% | 100% | $145,000 | |
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A+5.0 ★Texas Ratio: 5.44% |
FHA | 1 | 0.4% | 100% | $155,000 | View |
Cmg Mortgage Inc
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USDA | 1 | 0.4% | 100% | $175,000 | |
American Financing Corporation
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FHA | 1 | 0.4% | 100% | $215,000 | |
First Option Mortgage, LLC
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USDA | 1 | 0.4% | 100% | $125,000 | |
Planet Home Lending, LLC
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Conventional | 1 | 0.4% | 100% | $145,000 | |
Nations Lending Corporation
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FHA | 1 | 0.4% | 100% | $155,000 | |
Wolfe Financial Inc
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Conventional | 1 | 0.4% | 100% | $135,000 | |
Union Savings Bank
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Conventional | 1 | 0.4% | 100% | $235,000 | |
Stockton Mortgage Corporation
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Conventional | 1 | 0.4% | 50% | $135,000 | |
Endeavor Capital, LLC
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FHA | 1 | 0.4% | 100% | $115,000 | |
Zillow Home Loans, LLC
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Conventional | 1 | 0.4% | 100% | $145,000 | |
Mutual of Omaha Mortgage
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Conventional | 1 | 0.4% | 100% | $205,000 | |
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B+4.8 ★Texas Ratio: 16.98% |
VA | 1 | 0.4% | 100% | $255,000 | View |
21St Mortgage
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Conventional | 1 | 0.4% | 100% | $145,000 | |
Top Flite Financial, Inc.
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FHA | 1 | 0.4% | 100% | $75,000 | |
Goodleap, LLC
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HELOC | 0 +1 HELOCs |
0% | 0% | ||
Figure Lending LLC
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Lendage, LLC dba Achieve Loans
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HELOC | 0 +1 HELOCs |
0% | n/a |
Elwood 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 Elwood, Indiana
Looking for mortgage lenders near me or mortgage brokers near me in Elwood? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Elwood in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Elwood, IN
Use these to narrow the list above. Each category shows how many Elwood, IN lenders fit and what that kind of lender is usually best for.
Who Lends in Elwood, IN
Independent mortgage companies closed 69.5 percent of home loans in Elwood, Indiana in 2025, banks 24.3 percent and credit unions 6.2 percent. Ruoff Mortgage Company was the largest mortgage company, First Farmers Bank & Trust the largest bank and Encompass Federal Credit Union the largest credit union. Among lenders headquartered in Indiana, First Farmers Bank & Trust led with 6 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 Elwood, IN
By home loans closed in 2025, First Farmers Bank & Trust was the largest mortgage lender in Elwood, Indiana with 6 loans, about 2.7 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
30 lenders closed FHA loans in Elwood, Indiana in 2025, led by Rocket Mortgage with 8. 15 lenders closed VA loans, led by United Wholesale Mortgage, and 12 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. 23 banks and 7 credit unions closed home loans in Elwood, Indiana in 2025, alongside 47 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 Elwood, 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 Elwood, 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 Elwood. 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.
