Mortgage lending in Elkhart County
4,828 mortgages were originated in Elkhart County, Indiana, in 2025.
30-year fixed, this week
6.71%
Freddie Mac's survey average for the week of September 3, 2026 — a year earlier it was 6.56%, and the past year ranged 5.98–6.71%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 4,828
- Median rate
- 7.000%
- Median lender fees
- $3,962
The going rate is the federal "average prime offer rate" for a comparable loan; 0.5 means half a percentage point above it.
- Median loan amount
- $155,000
- Above the going rate (spread over APOR)
- 0.450
- Paid discount points
- 30.2%
- Received lender credits
- 18.6%
- Purchases / refinances
- 47.7% / 29.3%
- Conventional / FHA / VA
- 83.4% / 12.4% / 4%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 58.1% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $541,287
- Median home price
- $240,000
- That home, 20% down
- $192,000
A median-priced home with 20% down leaves $640,750 of room under the conforming limit, so the ceiling rarely binds on an ordinary purchase.
Borrow more than $832,750 and the loan becomes jumbo — outside agency rules, priced by each lender on its own terms. How limits work
Median price is HUD's figure for the 2026 limit calculation, not a live market quote.
Who lent here
Lenders with at least 50 loans in Elkhart County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Interra Credit Union | 572 | $2,389 | 7.500% |
| Cardinal Financial Company, Limited Partnership | 335 | $5,091 | 6.990% |
| Lake City Bank | 319 | — | 7.750% |
| Ruoff Mortgage Company, Inc. | 292 | $4,039 | 6.875% |
| Rocket Mortgage, LLC | 245 | $5,356 | 6.750% |
| Everwise Credit Union | 208 | $3,193 | 7.500% |
| 1st Source Bank | 193 | $2,597 | 7.500% |
| Notre Dame Federal Credit Union Corporation | 170 | $4,126 | 6.875% |
| First Federal Savings Bank | 165 | $3,487 | 7.125% |
| Inova | 143 | $1,993 | 2.990% |
What lenders charged here
Lender fees on a $155,000 loan, based on what was actually charged in Elkhart County — not a rule of thumb.
From 2,805 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, taxes and the escrow deposit your lender collects up front for future tax and insurance bills are extra and not in these figures. Compare two offers