Mortgage lending in Lafayette-West Lafayette, IN
5,412 mortgages were originated in the Lafayette-West Lafayette, IN area in 2025, and here is what they cost.
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
- 5,412
- Median rate
- 6.750%
- Median lender fees
- $3,510
- Median loan amount
- $185,000
- Median spread over APOR
- 0.337
- Paid discount points
- 31%
- Received lender credits
- 19.5%
- Purchases / refinances
- 48% / 29.2%
- Conventional / FHA / VA
- 81.5% / 12.4% / 5.5%
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 65.5% of loans here — see methodology.
Who lent here
Lenders with at least 50 loans in the Lafayette-West Lafayette, IN area, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| PURDUE | 828 | $2,524 | 7.000% |
| First Merchants Bank | 396 | $3,243 | 6.750% |
| Rocket Mortgage, LLC | 275 | $4,588 | 6.750% |
| CMG MORTGAGE, INC. | 244 | $4,094 | 6.750% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 223 | $4,573 | 6.599% |
| RUOFF MORTGAGE COMPANY, INC. | 217 | $3,377 | 6.875% |
| Old National Bank | 173 | $2,794 | 6.375% |
| Industrial Federal Credit Union | 149 | — | — |
| Security Federal Savings Bank | 131 | $2,621 | 6.625% |
| Centier Bank | 129 | $2,989 | 7.750% |