Rensselaer, Indiana mortgage lenders include First Merchants BankFirst Merchants Bank200 W Washington St, Rensselaer, IN 47978A+5.0 ★Texas Ratio: 4.12%, Alliance BankAlliance Bank501 S College Ave, Rensselaer, IN 47978A+5.0 ★Texas Ratio: 0.08%, DeMotte State BankDeMotte State Bank211 W Drexel Pkwy, Rensselaer, IN 47978B4.6 ★Texas Ratio: 20.04%, Fifth Third Bank, National AssociationFifth Third Bank, National Association201 N Van Rensselaer St, Rensselaer, IN 47978A+5.0 ★Texas Ratio: 3.22%, Kentland BankKentland Bank480 S College Ave, Rensselaer, IN 47978A5.0 ★Texas Ratio: 13.55%, Community State BankCommunity State Bank115 South Main Street, Albion, IN 46701, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA29 S Sr 267, Avon, IN 46123A+5.0 ★Texas Ratio: 3.68%, First Financial BankFirst Financial Bank104 Linksway, Aurora, IN 47001A+5.0 ★Texas Ratio: 3.21%, 1St Source Bank1St Source Bank518 N Michigan St, Argos, IN 46501A+5.0 ★Texas Ratio: 5.01%, and Bank of WolcottBank of Wolcott116 N 6th St, Monticello, IN 47960A+5.0 ★Texas Ratio: 2.72%. 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 Rensselaer, Indiana in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Rensselaer 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.
Market share is the lender's share of all home loans closed in Rensselaer, 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 |
|---|---|---|---|---|---|---|
|
1 office in Rensselaer 200 W Washington St, Rensselaer, IN 47978 A+5.0 ★Texas Ratio: 4.12% |
Conventional, HELOC | 18 +15 HELOCs |
14.9% | 85.7% | $138,333 | View |
|
1 office in Rensselaer 501 S College Ave, Rensselaer, IN 47978 A+5.0 ★Texas Ratio: 0.08% |
Conventional | 7 | 5.8% | 100% | $167,857 | View |
|
1 office in Rensselaer 211 W Drexel Pkwy, Rensselaer, IN 47978 B4.6 ★Texas Ratio: 20.04% |
Conventional | 3 | 2.5% | 75% | $105,000 | View |
|
1 office in Rensselaer 201 N Van Rensselaer St, Rensselaer, IN 47978 A+5.0 ★Texas Ratio: 3.22% |
Conventional, HELOC | 2 +6 HELOCs |
1.7% | 66.7% | $180,000 | View |
|
1 office in Rensselaer 480 S College Ave, Rensselaer, IN 47978 A5.0 ★Texas Ratio: 13.55% |
Conventional | 2 | 1.7% | 100% | $210,000 | View |
Community State Bank
115 South Main Street, Albion, IN 46701 |
Conventional | 3 | 2.5% | 100% | $285,000 | |
|
29 S Sr 267, Avon, IN 46123 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 2 | 1.7% | 100% | $100,000 | View |
|
104 Linksway, Aurora, IN 47001 A+5.0 ★Texas Ratio: 3.21% |
Conventional, HELOC | 1 +1 HELOCs |
0.8% | 100% | $125,000 | View |
|
518 N Michigan St, Argos, IN 46501 A+5.0 ★Texas Ratio: 5.01% |
Conventional | 1 | 0.8% | 100% | $315,000 | View |
|
116 N 6th St, Monticello, IN 47960 A+5.0 ★Texas Ratio: 2.72% |
Conventional | 1 | 0.8% | 100% | $135,000 | View |
|
1000 East Main Street, Brownsburg, IN 46112 A5.0 ★Texas Ratio: 6.45% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
|
101 S Harrison St, Alexandria, IN 46001 A+5.0 ★Texas Ratio: 3.66% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Gvc Mortgage, Inc.
|
Conventional, FHA, USDA | 7 | 5.8% | 100% | $202,142 | |
Purdue Federal Cu
|
Conventional, HELOC | 1 +1 HELOCs |
0.8% | 100% | $225,000 | |
Ruoff Mortgage Company
|
VA | 1 | 0.8% | 100% | $145,000 | |
Fire Police City County Federa
|
Conventional | 1 | 0.8% | 100% | $55,000 | |
Rocket Mortgage
|
Conventional, FHA | 14 | 11.6% | 88.9% | $135,000 | |
American Financial Network, Inc.
|
Conventional, FHA, VA, USDA | 10 | 8.3% | 100% | $197,000 | |
Cmg Mortgage Inc
|
Conventional, FHA | 4 | 3.3% | 100% | $195,000 | |
Paramount Residential Mortgage
|
Conventional, FHA, USDA | 4 | 3.3% | 100% | $155,000 | |
Freedom Mortgage Corporation
|
FHA, VA | 3 | 2.5% | 100% | $171,666 | |
Diamond Residential Mtg Corp
|
Conventional | 3 | 2.5% | 100% | $335,000 | |
United Wholesale Mortgage
|
FHA | 2 | 1.7% | 60% | $270,000 | |
Pennymac Loan Services LLC
|
Conventional, VA | 2 | 1.7% | 100% | $360,000 | |
BoxCar Mortgage, LLC
|
Conventional, FHA | 2 | 1.7% | 100% | $230,000 | |
American Pacific Mortgage Corporation
|
VA, USDA | 2 | 1.7% | 100% | $260,000 | |
Mutual of Omaha Mortgage
|
Conventional, FHA | 2 | 1.7% | 100% | $125,000 | |
Farm Credit Mid-America, Aca
|
Conventional | 2 | 1.7% | 100% | $60,000 | |
Originpoint, LLC
|
FHA | 1 | 0.8% | 100% | $225,000 | |
Guaranteed Rate, Inc.
|
Conventional | 1 | 0.8% | 100% | $105,000 | |
Primelending
|
USDA | 1 | 0.8% | 100% | $215,000 | |
Goodleap, LLC
|
FHA | 1 | 0.8% | 100% | $215,000 | |
Gold Star Mortgage Financial Group, Corporation
|
VA | 1 | 0.8% | 100% | $215,000 | |
CrossCountry Mortgage, LLC
|
FHA | 1 | 0.8% | 100% | $295,000 | |
loanDepot.com LLC
|
Conventional | 1 | 0.8% | 33.3% | $115,000 | |
AmeriHome Mortgage Company, LLC
|
FHA | 1 | 0.8% | 100% | $215,000 | |
Movement Mortgage, LLC
|
Conventional | 1 | 0.8% | 100% | $195,000 | |
Amerisave Mortgage Company
|
Conventional | 1 | 0.8% | 100% | $35,000 | |
Guild Mortgage Company
|
USDA | 1 | 0.8% | 100% | $185,000 | |
|
A+5.0 ★Texas Ratio: 5.44% |
Conventional | 1 | 0.8% | 100% | $75,000 | View |
Oceanside Mortgage Company
|
FHA | 1 | 0.8% | 100% | $155,000 | |
VanDyk Mortgage Corporation
|
FHA | 1 | 0.8% | 100% | $165,000 | |
ClearPath Lending
|
VA | 1 | 0.8% | 100% | $205,000 | |
|
A+5.0 ★Texas Ratio: 2.53% |
Conventional | 1 | 0.8% | 100% | $135,000 | View |
Nationstar Mortgage
|
Conventional | 1 | 0.8% | 100% | $45,000 | |
Mortgage Research Center
|
VA | 1 | 0.8% | 33.3% | $245,000 | |
New American Funding, LLC.
|
Conventional | 1 | 0.8% | 100% | $245,000 | |
Fairway Independent Mort Corp
|
Conventional | 1 | 0.8% | 100% | $195,000 | |
|
A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 0.8% | 100% | $55,000 | View |
Figure Lending LLC
|
HELOC | 0 +1 HELOCs |
0% | n/a |
Daily average mortgage rates for Indiana compared with the national average, updated every evening.
Looking for mortgage lenders near me or mortgage brokers near me in Rensselaer? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Rensselaer in 2025, with lenders based there listed first.
Use these to narrow the list above. Each category shows how many Rensselaer, IN lenders fit and what that kind of lender is usually best for.
Independent mortgage companies closed 62 percent of home loans in Rensselaer, Indiana in 2025, banks 36.4 percent and credit unions 1.7 percent. Gvc Mortgage, Inc. was the largest mortgage company, First Merchants Bank the largest bank and Purdue Federal Cu the largest credit union. Among lenders headquartered in Indiana, First Merchants Bank led with 18 loans.
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
By home loans closed in 2025, First Merchants Bank was the largest mortgage lender in Rensselaer, Indiana with 18 loans, about 14.9 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
15 lenders closed FHA loans in Rensselaer, Indiana in 2025, led by Rocket Mortgage with 5. 8 lenders closed VA loans, led by Ruoff Mortgage Company, 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. 16 banks and 2 credit unions closed home loans in Rensselaer, Indiana in 2025, alongside 32 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 Rensselaer, 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.
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 Rensselaer, 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 Rensselaer. 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.