What people paid for mortgages in Elkhart County, IN (2025)
Across 1,984 closed home-purchase loans in 2025, the median interest rate in Elkhart was 6.75%, and the middle half of borrowers got between 6.49% and 7%. Median total loan costs ran $4,126 on a median loan of $225,000. Source: federal HMDA filings on first-lien, owner-occupied loans.
Home purchase
- Median rate
- 6.75%
- Middle half of rates
- 6.49%–7%
- Median total loan costs
- $4,126
- Median loan amount
- $225,000
1,984 loans, 2025.
Refinance
- Median rate
- 6.525%
- Middle half of rates
- 5.99%–7.25%
- Median total loan costs
- $5,367
- Median loan amount
- $185,000
907 loans, 2025.
Lowest median rates in Elkhart (2025)
The lenders whose own closed loans had the lowest median interest rate here, among lenders with enough local volume for the median to mean something. A low median is a reason to include that lender when you collect Loan Estimates; it is not a promise about the rate you will be quoted. An independent mortgage broker can pull quotes from several lenders at once on one application.
Home purchase
- 1.JPMorgan Chase Bank, National Association6.412%42 loans, median costs $2,506
- 2.UNION HOME MORTGAGE CORP.6.5%72 loans, median costs $6,481
- 3.Mortgage Research Center, LLC6.5%33 loans, median costs $3,931
- 4.UNITED SHORE FINANCIAL SERVICES, LLCbroker only6.5%32 loans, median costs $6,190
- 5.EVERWISE CREDIT UNION6.562%58 loans, median costs $3,230
Among lenders with at least 30 closed purchase loans in Elkhart County in 2025.
Refinance
- 1.UNITED SHORE FINANCIAL SERVICES, LLCbroker only5.995%52 loans, median costs $10,563
- 2.Rocket Mortgage, LLC6.312%114 loans, median costs $6,231
- 3.FREEDOM MORTGAGE CORPORATION6.375%66 loans, median costs $4,461
- 4.1st Source Bank7.25%43 loans, median costs $3,439
- 5.INTERRA CREDIT UNION7.5%60 loans, median costs $2,530
Among lenders with at least 30 closed refinance loans in Elkhart County in 2025.
Lender by lender in Elkhart
Every lender that closed at least 5 qualifying loans in Elkhart County in 2025, sorted by loan count. The # column is the lender's rank here by closed loans for the selected purpose. Median origination is the lender's own charges (Loan Estimate section A); median points is the discount-points portion. Lenders marked "broker only" fund loans through independent mortgage brokers rather than taking applications directly.
| # | Lender | Loans | Median rate | Median total costs | Median origination | Median points |
|---|---|---|---|---|---|---|
| 1 | CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | 283 | 6.99% | $5,238 | $2,868 | $2,135 |
| 2 | RUOFF MORTGAGE COMPANY, INC. | 239 | 6.875% | $4,173 | $1,565 | $1,465 |
| 3 | INTERRA CREDIT UNION | 116 | 6.875% | $2,342 | $825 | $591 |
| 4 | NOTRE DAME FEDERAL CREDIT UNION CORPORATION | 106 | 6.625% | $4,373 | $2,246 | n/a |
| 5 | CROSSCOUNTRY MORTGAGE, INC. | 77 | 6.575% | $5,048 | $2,000 | $1,953 |
| 6 | UNION HOME MORTGAGE CORP. | 72 | 6.5% | $6,481 | $3,196 | $1,605 |
| 7 | First Federal Savings Bank | 70 | 6.875% | $3,539 | $1,750 | $1,590 |
| 8 | First State Bank of Middlebury | 70 | n/a | n/a | n/a | n/a |
| 9 | TRIAD FINANCIAL SERVICES, INC. | 69 | 7.99% | n/a | n/a | n/a |
| 10 | Rocket Mortgage, LLC | 68 | 6.625% | $6,598 | $3,629 | $3,039 |
| 11 | EVERWISE CREDIT UNION | 58 | 6.562% | $3,230 | $1,314 | $396 |
| 12 | JPMorgan Chase Bank, National Association | 42 | 6.412% | $2,506 | $1,071 | $1,210 |
| 13 | EVERETT FINANCIAL, INC. | 41 | 7.125% | $6,907 | $4,386 | $2,888 |
| 14 | Mortgage Research Center, LLC | 33 | 6.5% | $3,931 | $0 | $926 |
| 15 | GENEVA FINANCIAL, LLC | 32 | 6.875% | $5,240 | $3,315 | $1,611 |
| 16 | UNITED SHORE FINANCIAL SERVICES, LLCbroker only | 32 | 6.5% | $6,190 | $3,008 | $1,250 |
| 17 | The Campbell & Fetter Bank | 32 | n/a | n/a | n/a | n/a |
| 18 | Farmers State Bank | 28 | 6.57% | $3,085 | $1,500 | n/a |
| 19 | Lake City Bank | 28 | 6.625% | $2,683 | $1,035 | $1,000 |
| 20 | INOVA | 27 | 6.5% | $2,137 | $799 | $3,319 |
| 21 | 1st Source Bank | 27 | 7% | $2,512 | $845 | $757 |
| 22 | Centier Bank | 24 | 7.188% | $1,366 | $0 | $540 |
| 23 | Prosperity Home Mortgage, LLC | 23 | 6.75% | $3,221 | $1,099 | $2,679 |
| 24 | Horizon Bank | 21 | 6.875% | $3,726 | $1,275 | $2,826 |
| 25 | GVC MORTGAGE, INC. | 20 | 7% | $4,975 | $2,368 | $1,276 |
| 26 | 21st Mortgage Corporation | 18 | 10.56% | n/a | n/a | n/a |
| 27 | Farm Credit Mid-America | 17 | 6.75% | $6,295 | $5,438 | n/a |
| 28 | POINT MORTGAGE CORPORATION | 16 | 6.5% | $3,231 | $1,395 | $681 |
| 29 | KeyBank National Association | 16 | 6.5% | $3,735 | $1,731 | $820 |
| 30 | Sturgis Bank & Trust Company | 13 | 6.625% | $2,951 | $1,150 | $180 |
| 31 | Fairway Independent Mortgage Corporation | 13 | 6.875% | $5,380 | $1,565 | $2,982 |
| 32 | UNITED FEDERAL CREDIT UNION | 12 | 6.5% | $3,026 | $975 | $711 |
| 33 | Broker Solutions, Inc. | 11 | 6.49% | $10,209 | $5,392 | $4,124 |
| 34 | CMG MORTGAGE, INC. | 11 | 6.875% | $5,301 | $3,869 | $469 |
| 35 | Fifth Third Bank, National Association | 9 | 6.99% | $3,026 | $1,295 | $462 |
| 36 | ARK-LA-TEX FINANCIAL SERVICES, LLC. | 8 | 6.933% | $1,652 | $392 | $392 |
| 37 | VAN DYK MORTGAGE CORPORATION | 8 | 6.688% | $3,948 | $1,745 | $228 |
| 38 | Navy Federal Credit Union | 7 | 6% | $1,501 | $0 | n/a |
| 39 | Old National Bank | 7 | 6.25% | $2,756 | $1,100 | $798 |
| 40 | GREENSTATE Credit Union | 7 | 9.34% | n/a | n/a | n/a |
What these numbers are, and are not
Everything above is computed from the FFIEC's HMDA Modified Loan/Application Register, the public loan-level file nearly every mortgage lender must submit each year, filtered to originated, first-lien, owner-occupied principal-residence loans that were not business-purpose or reverse mortgages. Groups smaller than 5 loans are omitted. The methodology page documents every step.
The public file contains no credit scores, so differences between lenders mix true pricing differences with different customer bases: loan sizes, points paid, and borrower profiles all vary by lender. A median is context for your own quote, not a ranking and not an offer. Rates here are also a year's worth of closings blended together, while your quote reflects a single day's market.
Have a Loan Estimate in hand? The checker compares your quoted rate and origination charges against the Elkhart figures above, in your browser, without storing anything.
Common questions
What mortgage rate did people get in Elkhart County in 2025?
The median interest rate on closed home-purchase loans in Elkhart County, Indiana in 2025 was 6.75%, across 1,984 first-lien, owner-occupied loans. The middle half of borrowers got between 6.49% and 7%.
Is this a rate I can get today?
No. These are medians of loans that already closed, under those borrowers' credit profiles, loan sizes, discount points, and lock dates. Rates also move daily. The way to learn your own number is to collect Loan Estimates from two or three lenders, which federal rules make close to free.
Why do lenders in the table show different rates?
Partly pricing, partly customer mix. Public HMDA data contains no credit scores, so a lender serving stronger-credit borrowers or larger loans will show a different median than one serving first-time buyers, at identical pricing. Use the table as a map of who is active locally and roughly where they land, not as a ranking.
Where do these numbers come from?
The FFIEC's public HMDA Modified Loan/Application Register, the loan-level data nearly every mortgage lender must file each year, filtered to originated, first-lien, owner-occupied, non-business, non-reverse loans, in groups of at least 5.