Mortgage lending in South Bend-Mishawaka, IN-MI

8,002 mortgages were originated in the South Bend-Mishawaka, IN-MI area in 2025, and here is what they cost.

Loans originated

8,002

Median rate

6.990%

Median lender fees

$3,841

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

$145,000

Above the going rate (spread over APOR)

0.430

Paid discount points

29.3%

Received lender credits

23.1%

Purchases / refinances

44.8% / 31.9%

Conventional / FHA / VA

82.8% / 12.2% / 4.9%

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 62.7% of loans here — see methodology.

Who lent here

Lenders with at least 50 loans in the South Bend-Mishawaka, IN-MI area, ranked by volume.