Top Mortgage Lenders in Bloomington, IN

Which mortgage lender in the Bloomington, IN area typically has the best rates? To help you narrow down where to shop for a mortgage, provides an objective and data driven ranking of mortgage lenders operating in the Bloomington, IN area by interest rate and market share. We maintain our independence by not accepting any compensation from the mortgage lenders we rank, and use data on all fixed rate mortgages that were closed in the past year to generate our rankings.

Going by historical data, the best mortgage lender in the Bloomington, IN area in terms of interest rate is Union Savings Bank, with an average “Rate Difference” of -0.19%. This means that, comparing similar borrowers, Union Savings Bank provided a -0.19% lower interest rate for its customers than other lenders in the area. Union Savings Bank has a market share of 1.8%. On the other hand, the most popular lender in the Bloomington, IN area is Ruoff Mortgage, with a larger market share of 22.4%. Ruoff Mortgage is an average lender in terms of the interest rate it offers, with a “Rate Difference” of -0.07% compared to those of other lenders in this area.

Our detailed ranking of mortgage lenders in the Bloomington, IN area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, going by historical data, the cheapest lender for Conventional mortgages in Bloomington, IN is Union Savings Bank. If you want to take out a loan that is above conforming limits (above $548,250 or $822,375 depending on the area in 2021), the cheapest Jumbo mortgage provider is Old National Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Fifth Third Bank. The cheapest VA mortgage provider is Navy Federal Credit Union. Note that as a consumer advocate we always recommend shopping among several of our top ranked lenders in order to get the best rates and fees.

Ranking of Mortgage Lenders in Bloomington, IN

Mortgage Type:
Lender NameRate DifferenceRate RatingMarket Share
Union Savings Bank-0.19%(4.5)1.77%
Old National Bank-0.13%(4.0)6.61%
Evansville Teachers Federal Credit Union-0.09%(4.0)1.24%
Ruoff Mortgage-0.07%(4.0)22.40%
Crane Credit Union-0.03%(3.5)4.37%
Navy Federal Credit Union-0.03%(3.5)1.06%
Fifth Third Bank-0.02%(3.5)4.07%
German American Bank-0.02%(3.5)5.49%
JPMorgan Chase Bank-0.01%(3.5)3.34%
American Mortgage Service Company0.01%(3.5)2.63%
Primary Residential Mortgage Inc0.02%(3.5)1.18%
Mortgage Masters of Indiana0.03%(3.5)1.95%
Carrington Mortgage Services0.04%(3.5)1.12%
Caliber Home Loans0.05%(3.0)1.59%
Regions Bank0.05%(3.0)1.24%
IU Credit Union0.06%(3.0)13.37%
Fair Way Lending0.06%(3.0)2.69%
Wells Fargo Bank0.07%(3.0)1.09%
The Federal Savings Bank0.08%(3.0)1.51%
First Financial Bank0.08%(3.0)1.12%
Quicken Loans0.08%(3.0)9.89%
Hallmark Home Mortgage0.09%(3.0)1.00%
GVC Mortgage0.10%(3.0)1.15%
Flanagan State Bank0.17%(2.5)2.72%
Lender NameRate DifferenceRate RatingMarket Share
IU Credit Union-0.08%(4.0)9.65%
Old National Bank-0.06%(4.0)5.21%
Ruoff Mortgage-0.06%(4.0)29.50%
JPMorgan Chase Bank-0.05%(4.0)3.12%
Navy Federal Credit Union-0.04%(3.5)1.70%
Union Savings Bank-0.02%(3.5)0.99%
German American Bank-0.02%(3.5)6.96%
Fifth Third Bank-0.01%(3.5)3.62%
Evansville Teachers Federal Credit Union-0.00%(3.5)0.60%
Primary Residential Mortgage Inc0.02%(3.5)0.82%
Mortgage Masters of Indiana0.05%(3.5)2.63%
Wells Fargo Bank0.05%(3.5)1.04%
First Financial Bank0.05%(3.0)0.99%
American Mortgage Service Company0.06%(3.0)2.74%
Regions Bank0.06%(3.0)1.15%
Fair Way Lending0.07%(3.0)4.33%
Caliber Home Loans0.07%(3.0)1.59%
Crane Credit Union0.07%(3.0)1.92%
The Federal Savings Bank0.08%(3.0)2.14%
Carrington Mortgage Services0.09%(3.0)0.38%
Quicken Loans0.09%(3.0)5.87%
Hallmark Home Mortgage0.09%(3.0)1.32%
GVC Mortgage0.10%(3.0)1.92%
Flanagan State Bank0.19%(2.5)4.28%
Lender NameRate DifferenceRate RatingMarket Share
Union Savings Bank-0.26%(5.0)2.69%
Old National Bank-0.18%(4.5)8.25%
Evansville Teachers Federal Credit Union-0.12%(4.0)1.98%
Ruoff Mortgage-0.12%(4.0)14.13%
Crane Credit Union-0.06%(4.0)7.23%
American Mortgage Service Company-0.05%(3.5)2.49%
Fifth Third Bank-0.02%(3.5)4.60%
German American Bank-0.02%(3.5)3.77%
Mortgage Masters of Indiana-0.01%(3.5)1.15%
GVC Mortgage0.02%(3.5)0.26%
Primary Residential Mortgage Inc0.03%(3.5)1.60%
Navy Federal Credit Union0.03%(3.5)0.32%
Carrington Mortgage Services0.03%(3.5)1.98%
Caliber Home Loans0.04%(3.5)1.60%
Fair Way Lending0.04%(3.5)0.77%
JPMorgan Chase Bank0.04%(3.5)3.58%
The Federal Savings Bank0.04%(3.5)0.77%
Regions Bank0.05%(3.0)1.34%
Flanagan State Bank0.06%(3.0)0.90%
Quicken Loans0.08%(3.0)14.58%
Hallmark Home Mortgage0.09%(3.0)0.64%
Wells Fargo Bank0.09%(3.0)1.15%
First Financial Bank0.11%(3.0)1.28%
IU Credit Union0.14%(3.0)17.71%
Lender NameRate DifferenceRate RatingMarket Share
Union Savings Bank-0.20%(4.5)2.10%
Old National Bank-0.14%(4.0)7.77%
Evansville Teachers Federal Credit Union-0.10%(4.0)1.45%
Ruoff Mortgage-0.09%(4.0)21.23%
Crane Credit Union-0.03%(3.5)5.64%
German American Bank-0.01%(3.5)6.55%
Fifth Third Bank-0.01%(3.5)4.34%
JPMorgan Chase Bank-0.00%(3.5)4.27%
American Mortgage Service Company0.00%(3.5)2.13%
Primary Residential Mortgage Inc0.02%(3.5)0.88%
Carrington Mortgage Services0.04%(3.5)0.50%
Mortgage Masters of Indiana0.06%(3.0)1.60%
IU Credit Union0.06%(3.0)17.19%
Regions Bank0.07%(3.0)1.30%
Wells Fargo Bank0.07%(3.0)1.37%
Caliber Home Loans0.08%(3.0)1.11%
Fair Way Lending0.08%(3.0)2.59%
First Financial Bank0.09%(3.0)1.26%
Flanagan State Bank0.11%(3.0)1.83%
Hallmark Home Mortgage0.12%(3.0)0.95%
GVC Mortgage0.13%(3.0)0.80%
Navy Federal Credit Union0.13%(3.0)0.46%
The Federal Savings Bank0.14%(3.0)1.03%
Quicken Loans0.15%(2.5)7.47%
Lender NameRate DifferenceRate RatingMarket Share
IU Credit Union-0.07%(4.0)13.03%
Ruoff Mortgage-0.07%(4.0)27.94%
Old National Bank-0.07%(4.0)6.22%
JPMorgan Chase Bank-0.05%(3.5)4.27%
Evansville Teachers Federal Credit Union-0.02%(3.5)0.52%
Union Savings Bank-0.01%(3.5)1.05%
German American Bank-0.01%(3.5)8.61%
Fifth Third Bank0.02%(3.5)3.75%
Carrington Mortgage Services0.03%(3.5)0.07%
Primary Residential Mortgage Inc0.04%(3.5)0.52%
Wells Fargo Bank0.05%(3.0)1.35%
First Financial Bank0.06%(3.0)1.12%
Crane Credit Union0.08%(3.0)2.62%
American Mortgage Service Company0.08%(3.0)1.95%
Caliber Home Loans0.08%(3.0)1.12%
Fair Way Lending0.09%(3.0)4.34%
Mortgage Masters of Indiana0.09%(3.0)2.32%
Regions Bank0.09%(3.0)1.05%
Quicken Loans0.12%(3.0)5.32%
Hallmark Home Mortgage0.13%(3.0)1.20%
Flanagan State Bank0.13%(3.0)3.00%
GVC Mortgage0.14%(3.0)1.42%
Navy Federal Credit Union0.14%(3.0)0.75%
The Federal Savings Bank0.16%(2.5)1.72%
Lender NameRate DifferenceRate RatingMarket Share
Union Savings Bank-0.26%(5.0)3.18%
Old National Bank-0.19%(4.5)9.39%
Ruoff Mortgage-0.14%(4.0)14.27%
Evansville Teachers Federal Credit Union-0.12%(4.0)2.40%
American Mortgage Service Company-0.07%(4.0)2.33%
Crane Credit Union-0.06%(4.0)8.77%
Fifth Third Bank-0.02%(3.5)4.97%
German American Bank-0.02%(3.5)4.42%
Mortgage Masters of Indiana-0.02%(3.5)0.85%
Primary Residential Mortgage Inc0.01%(3.5)1.24%
Flanagan State Bank0.01%(3.5)0.62%
GVC Mortgage0.03%(3.5)0.16%
The Federal Savings Bank0.03%(3.5)0.31%
Carrington Mortgage Services0.04%(3.5)0.93%
Fair Way Lending0.04%(3.5)0.78%
JPMorgan Chase Bank0.04%(3.5)4.27%
Regions Bank0.05%(3.0)1.55%
Caliber Home Loans0.07%(3.0)1.09%
Navy Federal Credit Union0.07%(3.0)0.16%
Hallmark Home Mortgage0.09%(3.0)0.70%
Wells Fargo Bank0.09%(3.0)1.40%
First Financial Bank0.12%(3.0)1.40%
IU Credit Union0.15%(3.0)21.49%
Quicken Loans0.18%(2.5)9.70%
Lender NameRate DifferenceRate RatingMarket Share
Fifth Third Bank-0.08%(4.0)4.80%
Quicken Loans-0.04%(3.5)22.71%
Ruoff Mortgage-0.04%(3.5)29.48%
Union Savings Bank-0.04%(3.5)0.87%
Mortgage Masters of Indiana-0.04%(3.5)3.06%
German American Bank-0.02%(3.5)1.53%
Regions Bank-0.01%(3.5)0.87%
The Federal Savings Bank-0.01%(3.5)1.75%
Old National Bank-0.00%(3.5)0.87%
IU Credit Union0.00%(3.5)0.22%
Hallmark Home Mortgage0.01%(3.5)0.87%
Carrington Mortgage Services0.01%(3.5)3.93%
Fair Way Lending0.01%(3.5)4.80%
Caliber Home Loans0.02%(3.5)3.06%
Primary Residential Mortgage Inc0.02%(3.5)2.62%
Evansville Teachers Federal Credit Union0.03%(3.5)0.87%
American Mortgage Service Company0.04%(3.5)4.59%
GVC Mortgage0.04%(3.5)2.62%
Flanagan State Bank0.27%(2.0)7.21%
Lender NameRate DifferenceRate RatingMarket Share
Fifth Third Bank-0.12%(4.0)4.55%
Ruoff Mortgage-0.06%(4.0)39.61%
Mortgage Masters of Indiana-0.05%(4.0)4.22%
Union Savings Bank-0.05%(3.5)1.30%
German American Bank-0.03%(3.5)1.62%
Regions Bank-0.02%(3.5)1.30%
The Federal Savings Bank-0.02%(3.5)2.60%
Primary Residential Mortgage Inc-0.02%(3.5)1.95%
Old National Bank-0.01%(3.5)1.30%
IU Credit Union-0.00%(3.5)0.32%
Fair Way Lending0.01%(3.5)6.82%
Hallmark Home Mortgage0.01%(3.5)1.30%
Carrington Mortgage Services0.01%(3.5)0.65%
Evansville Teachers Federal Credit Union0.02%(3.5)1.30%
Caliber Home Loans0.04%(3.5)2.92%
Quicken Loans0.04%(3.5)9.42%
GVC Mortgage0.04%(3.5)3.25%
American Mortgage Service Company0.04%(3.5)5.52%
Flanagan State Bank0.29%(2.0)8.77%
Lender NameRate DifferenceRate RatingMarket Share
Quicken Loans-0.06%(4.0)50.00%
American Mortgage Service Company-0.01%(3.5)2.67%
German American Bank-0.00%(3.5)1.33%
Caliber Home Loans-0.00%(3.5)3.33%
Fifth Third Bank0.00%(3.5)5.33%
GVC Mortgage0.02%(3.5)1.33%
Carrington Mortgage Services0.03%(3.5)10.67%
Fair Way Lending0.04%(3.5)0.67%
Mortgage Masters of Indiana0.05%(3.0)0.67%
Primary Residential Mortgage Inc0.07%(3.0)4.00%
Ruoff Mortgage0.12%(3.0)8.67%
Flanagan State Bank0.14%(3.0)4.00%
Lender NameRate DifferenceRate RatingMarket Share
Old National Bank-0.01%(3.5)52.17%
JPMorgan Chase Bank-0.00%(3.5)4.35%
American Mortgage Service Company0.00%(3.5)4.35%
IU Credit Union0.00%(3.5)4.35%
Quicken Loans0.00%(3.5)4.35%
Ruoff Mortgage0.01%(3.5)8.70%
First Financial Bank0.01%(3.5)21.74%
Lender NameRate DifferenceRate RatingMarket Share
Old National Bank-0.00%(3.5)50.00%
IU Credit Union-0.00%(3.5)8.33%
Quicken Loans-0.00%(3.5)8.33%
Ruoff Mortgage-0.00%(3.5)8.33%
First Financial Bank0.01%(3.5)25.00%
Lender NameRate DifferenceRate RatingMarket Share
Old National Bank-0.01%(3.5)54.55%
JPMorgan Chase Bank0.00%(3.5)9.09%
American Mortgage Service Company0.01%(3.5)9.09%
First Financial Bank0.01%(3.5)18.18%
Ruoff Mortgage0.02%(3.5)9.09%
Lender NameRate DifferenceRate RatingMarket Share
Navy Federal Credit Union-0.12%(4.0)8.48%
German American Bank-0.05%(4.0)2.47%
Mortgage Masters of Indiana-0.00%(3.5)3.53%
American Mortgage Service Company-0.00%(3.5)3.89%
The Federal Savings Bank0.00%(3.5)5.65%
Old National Bank0.01%(3.5)1.41%
Fair Way Lending0.01%(3.5)0.35%
Union Savings Bank0.01%(3.5)0.35%
Regions Bank0.01%(3.5)1.41%
Caliber Home Loans0.01%(3.5)3.89%
Ruoff Mortgage0.01%(3.5)22.97%
Fifth Third Bank0.02%(3.5)0.71%
Hallmark Home Mortgage0.02%(3.5)1.77%
Primary Residential Mortgage Inc0.03%(3.5)1.77%
Quicken Loans0.04%(3.5)12.01%
Wells Fargo Bank0.05%(3.5)0.35%
GVC Mortgage0.08%(3.0)2.12%
Carrington Mortgage Services0.09%(3.0)2.47%
Flanagan State Bank0.10%(3.0)3.89%
Lender NameRate DifferenceRate RatingMarket Share
Navy Federal Credit Union-0.13%(4.0)12.43%
German American Bank-0.05%(4.0)4.14%
The Federal Savings Bank-0.03%(3.5)4.73%
American Mortgage Service Company-0.01%(3.5)4.14%
Mortgage Masters of Indiana0.00%(3.5)2.37%
Regions Bank0.01%(3.5)1.78%
Old National Bank0.01%(3.5)1.18%
Fifth Third Bank0.02%(3.5)1.18%
Quicken Loans0.02%(3.5)3.55%
Primary Residential Mortgage Inc0.02%(3.5)1.18%
Hallmark Home Mortgage0.03%(3.5)2.37%
Caliber Home Loans0.04%(3.5)2.96%
Wells Fargo Bank0.05%(3.0)0.59%
Ruoff Mortgage0.06%(3.0)24.85%
GVC Mortgage0.09%(3.0)3.55%
Flanagan State Bank0.10%(3.0)6.51%
Carrington Mortgage Services0.12%(3.0)2.37%
Lender NameRate DifferenceRate RatingMarket Share
Ruoff Mortgage-0.07%(4.0)20.18%
Navy Federal Credit Union-0.01%(3.5)2.63%
Caliber Home Loans-0.01%(3.5)5.26%
Mortgage Masters of Indiana-0.01%(3.5)5.26%
Old National Bank-0.00%(3.5)1.75%
Fair Way Lending0.01%(3.5)0.88%
Union Savings Bank0.01%(3.5)0.88%
American Mortgage Service Company0.02%(3.5)3.51%
Regions Bank0.02%(3.5)0.88%
Hallmark Home Mortgage0.02%(3.5)0.88%
Primary Residential Mortgage Inc0.03%(3.5)2.63%
Quicken Loans0.04%(3.5)24.56%
The Federal Savings Bank0.04%(3.5)7.02%
Carrington Mortgage Services0.05%(3.0)2.63%

* Data is compiled for the Bloomington, IN commuting zone area, which comprises of counties of Daviess County, IN, Greene County, IN, Lawrence County, IN, Martin County, IN, Monroe County, IN, Orange County, IN, and Owen County, IN. This includes cities/towns/communities of Bloomington, IN as well as Ellettsville, IN, Bedford, IN, Smithville-Sanders, IN, Washington, IN, Linton, IN, Avoca, IN, Mitchell, IN, Scotland, IN, Paoli, IN, Montgomery, IN, Williams, IN, Loogootee, IN, Spencer, IN, Elnora, IN, Worthington, IN, Shoals, IN, Bloomfield, IN, Gosport, IN, Orleans, IN, Plainville, IN, Crane, IN, Jasonville, IN, and West Baden Springs, IN. Lenders must have made at least 30 loans in the area to be included. Source of the data is Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate conditional on the commuting zone, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

Mortgage Lender Rankings in Other Cities

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