Mortgage lending in Jay County
400 mortgages were originated in Jay County, Indiana, in 2025.
30-year fixed, this week
6.58%
Freddie Mac’s survey average for the week of July 23, 2026 — a year earlier it was 6.75%, and the past year ranged 5.98–6.72%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 400
- Median rate
- 6.875%
- Median lender fees
- $3,294
- Median loan amount
- $95,000
- Median spread over APOR
- 0.530
- Paid discount points
- 25%
- Received lender credits
- 15%
- Purchases / refinances
- 45.3% / 33.3%
- Conventional / FHA / VA
- 78.5% / 11.5% / 3.5%
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 51.8% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $541,287
Borrow more than $832,750 and the loan becomes jumbo — outside agency rules, priced by each lender on its own terms. How limits work
Who lent here
Lenders with at least 50 loans in Jay County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| First Bank of Berne | 69 | — | — |
| First Merchants Bank | 57 | — | 7.000% |
What lenders charged here
Lender fees on a $95,000 loan, based on what was actually charged in Jay County — not a rule of thumb.
From 207 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, escrow and taxes are extra and are not in these figures. Compare two offers