Mortgage Lenders and Brokers in Madison, 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
Madison, Indiana mortgage lenders include First Financial BankFirst Financial Bank501 Clifty Dr, Madison, IN 47250A+5.0 ★Texas Ratio: 3.21%, German American BankGerman American Bank430 Clifty Dr, Madison, IN 47250A+5.0 ★Texas Ratio: 1.93%, The Friendship State BankThe Friendship State Bank201 Demaree Dr, Madison, IN 47250A+5.0 ★Texas Ratio: 2.97%, Centra Credit UnionCentra Credit Union303 Clifty Dr, Madison, IN 47250 1605A+5.0 ★Texas Ratio: 5.34%, US Bank, N.A.US Bank, N.A.720 W 30th St, Connersville, IN 47331A+5.0 ★Texas Ratio: 2.85%, Fifth Third Bank, National AssociationFifth Third Bank, National Association100 Growth Pkwy, Angola, IN 46703A+5.0 ★Texas Ratio: 3.22%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA29 S Sr 267, Avon, IN 46123A+5.0 ★Texas Ratio: 3.68%, Citizens BankCitizens Bank99 S Dan Jones Rd, Avon, IN 46123A+5.0 ★Texas Ratio: 0.64%, Jackson County BankJackson County Bank2635 16th St, Bedford, IN 47421A5.0 ★Texas Ratio: 7.28%, and PNC Bank N.A.PNC Bank N.A.111 N Harrison St, Alexandria, IN 46001A+5.0 ★Texas Ratio: 4.24%. 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 Madison, Indiana in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Madison 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 Madison, Indiana
Market share is the lender's share of all home loans closed in Madison, 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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2 offices in Madison 501 Clifty Dr, Madison, IN 47250 A+5.0 ★Texas Ratio: 3.21% |
Conventional, FHA, VA, HELOC | 22 +24 HELOCs |
9.4% | 91.7% | $172,727 | View |
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3 offices in Madison 430 Clifty Dr, Madison, IN 47250 A+5.0 ★Texas Ratio: 1.93% |
Conventional, FHA, Jumbo, HELOC | 15 +36 HELOCs |
6.4% | 83.3% | $213,000 | View |
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1 office in Madison 201 Demaree Dr, Madison, IN 47250 A+5.0 ★Texas Ratio: 2.97% |
Conventional | 4 | 1.7% | 66.7% | $262,500 | View |
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303 Clifty Dr, Madison, IN 47250 1605 A+5.0 ★Texas Ratio: 5.34% |
Conventional, HELOC | 13 +15 HELOCs |
5.6% | 100% | $148,076 | View |
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720 W 30th St, Connersville, IN 47331 A+5.0 ★Texas Ratio: 2.85% |
Conventional | 2 | 0.9% | 50% | $365,000 | View |
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100 Growth Pkwy, Angola, IN 46703 A+5.0 ★Texas Ratio: 3.22% |
Conventional, HELOC | 1 +4 HELOCs |
0.4% | 100% | $65,000 | View |
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29 S Sr 267, Avon, IN 46123 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 0.4% | 100% | $315,000 | View |
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99 S Dan Jones Rd, Avon, IN 46123 A+5.0 ★Texas Ratio: 0.64% |
Conventional | 1 | 0.4% | 100% | $165,000 | View |
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2635 16th St, Bedford, IN 47421 A5.0 ★Texas Ratio: 7.28% |
Conventional | 1 | 0.4% | 100% | $235,000 | 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 | 1 | 0.4% | 100% | $455,000 | View |
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★ 1 stars, 1 review 4210 Charlestown Rd, New Albany, IN 47150 A+5.0 ★Texas Ratio: 2.87% |
Conventional | 1 | 0.4% | 100% | $175,000 | View |
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2312 Charles St, Anderson, IN 46013 A+5.0 ★Texas Ratio: 4.98% |
HELOC | 0 +1 HELOCs |
0% | 0% | View | |
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500 Green Blvd, Aurora, IN 47001 A+5.0 ★Texas Ratio: 4.72% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Ruoff Mortgage Company
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Conventional, FHA | 18 | 7.7% | 95% | $216,111 | |
Royal United Mortgage LLC
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Conventional | 1 | 0.4% | 50% | $65,000 | |
Rocket Mortgage
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Conventional, FHA | 18 | 7.7% | 95% | $153,333 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 15 | 6.4% | 93.8% | $227,666 | |
Geneva Financial LLC
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Conventional, FHA, VA, USDA | 11 | 4.7% | 91.7% | $215,909 | |
American Pacific Mortgage Corporation
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Conventional, VA, USDA | 10 | 4.3% | 100% | $216,000 | |
Fair Way Lending, LLC
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Conventional, FHA, USDA | 9 | 3.8% | 100% | $237,222 | |
Cmg Mortgage Inc
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Conventional, FHA, USDA | 9 | 3.8% | 84.6% | $206,111 | |
Mortgage Research Center
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VA | 8 | 3.4% | 80% | $232,500 | |
Farmers Bank of Milton
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Conventional | 7 | 3% | 100% | $149,285 | |
Freedom Mortgage Corporation
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Conventional, FHA, VA | 5 | 2.1% | 77.8% | $297,000 | |
Amerisave Mortgage Company
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Conventional, FHA, VA | 5 | 2.1% | 71.4% | $143,000 | |
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A-5.0 ★Texas Ratio: 14.97% |
Conventional, FHA, USDA | 5 | 2.1% | 100% | $195,000 | View |
Union Home Mortgage Corp.
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Conventional, FHA | 4 | 1.7% | 100% | $102,500 | |
loanDepot.com LLC
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Conventional, VA, HELOC | 3 +1 HELOCs |
1.3% | 75% | $125,000 | |
Pennymac Loan Services LLC
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Conventional, FHA, VA | 3 | 1.3% | 75% | $228,333 | |
The Loan Store, Inc
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Conventional | 3 | 1.3% | 100% | $131,666 | |
Fairway Independent Mort Corp
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Conventional | 3 | 1.3% | 100% | $148,333 | |
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A+5.0 ★Texas Ratio: 2.97% |
Conventional | 2 | 0.9% | 100% | $245,000 | View |
Kind Lending, LLC
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Conventional, FHA | 2 | 0.9% | 50% | $270,000 | |
Nationstar Mortgage
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Conventional | 2 | 0.9% | 66.7% | $105,000 | |
Pike Creek Mortgage Services, Inc.
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Conventional, USDA | 2 | 0.9% | 100% | $160,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 2 | 0.9% | 50% | $270,000 | View |
Spring Eq, LLC
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Conventional, HELOC | 1 +3 HELOCs |
0.4% | 100% | $25,000 | |
American Airlines Federal Cred
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Conventional | 1 | 0.4% | 100% | $555,000 | |
American Financial Resources LLC
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Conventional | 1 | 0.4% | 50% | $115,000 | |
Primary Residential Mortgage, INC.
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FHA | 1 | 0.4% | 100% | $155,000 | |
Lakeview Loan Servicing, LLC
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FHA | 1 | 0.4% | 20% | $235,000 | |
Newrez LLC
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Conventional | 1 | 0.4% | 100% | $145,000 | |
AmeriHome Mortgage Company, LLC
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FHA | 1 | 0.4% | 50% | $225,000 | |
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A+5.0 ★Texas Ratio: 4.11% |
Conventional | 1 | 0.4% | 100% | $105,000 | View |
Discover Bank
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Conventional | 1 | 0.4% | 100% | $65,000 | |
SIRVA Mortgage, Inc.
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Conventional | 1 | 0.4% | 100% | $405,000 | |
Bedford Loan & Deposit Bank
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Conventional | 1 | 0.4% | 100% | $105,000 | |
Cardinal Financial Company, Li
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Conventional | 1 | 0.4% | 100% | $75,000 | |
New Day Financial, LLC.
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VA | 1 | 0.4% | 100% | $165,000 | |
Meade County Bank
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Conventional | 1 | 0.4% | 100% | $215,000 | |
Direct Mortgage Loans, LLC
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Conventional | 1 | 0.4% | 100% | $145,000 | |
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A+5.0 ★Texas Ratio: 5.36% |
Conventional | 1 | 0.4% | 100% | $145,000 | View |
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A-4.8 ★Texas Ratio: 12.33% |
Conventional | 1 | 0.4% | 100% | $155,000 | View |
United Citizens Bank & Trust Company
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Conventional | 1 | 0.4% | 100% | $175,000 | |
V.I.P. Mortgage, Inc.
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Conventional | 1 | 0.4% | 100% | $265,000 | |
Nations Direct Mortgage, LLC
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Conventional | 1 | 0.4% | 100% | $205,000 | |
Prosperity Home Mortgage, LLC
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FHA | 1 | 0.4% | 100% | $155,000 | |
New American Funding, LLC.
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FHA | 1 | 0.4% | 100% | $205,000 | |
Navy Federal Credit Union
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VA | 1 | 0.4% | 100% | $315,000 | |
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B+4.8 ★Texas Ratio: 16.98% |
VA | 1 | 0.4% | 100% | $205,000 | View |
Ark-La-Tex Financial Services LLC
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Conventional | 1 | 0.4% | 100% | $95,000 | |
Figure Lending LLC
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HELOC | 0 +3 HELOCs |
0% | n/a | ||
CrossCountry Mortgage, LLC
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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A+5.0 ★Texas Ratio: 2.72% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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A+5.0 ★Texas Ratio: 3.39% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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A+5.0 ★Texas Ratio: 2.32% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +1 HELOCs |
0% | n/a | View |
Madison 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 Madison, Indiana
Looking for mortgage lenders near me or mortgage brokers near me in Madison? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Madison in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Madison, IN
Use these to narrow the list above. Each category shows how many Madison, IN lenders fit and what that kind of lender is usually best for.
Who Lends in Madison, IN
Independent mortgage companies closed 62.4 percent of home loans in Madison, Indiana in 2025, banks 30.3 percent and credit unions 7.3 percent. Ruoff Mortgage Company was the largest mortgage company, First Financial Bank the largest bank and Centra Credit Union the largest credit union. Among lenders headquartered in Indiana, German American Bank led with 15 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 Madison, IN
By home loans closed in 2025, First Financial Bank was the largest mortgage lender in Madison, Indiana with 22 loans, about 9.4 percent of the market. The largest lender headquartered in Indiana was German American Bank with 15 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
19 lenders closed FHA loans in Madison, Indiana in 2025, led by United Wholesale Mortgage with 6. 12 lenders closed VA loans, led by Mortgage Research Center, and 6 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. 27 banks and 4 credit unions closed home loans in Madison, Indiana in 2025, alongside 36 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 Madison, 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 Madison, 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 Madison. 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.
