Compare Mortgage Rates

  • Refinance
  • Home Purchase
  • Home Equity
  • Debt Consolidation

Powered by SecureRights™
Include 1st & 2nd mortgages plus any equity loans or credit lines
Verisign
Powered by SecureRights™
Verisign
Powered by SecureRights™
Verisign
Powered by SecureRights™
Verisign

Indiana Mortgages at a glance

Average 25th Percentile 50th Percentile 75th Percentile
Loan Amount $146,110 $102,500 $117,500 $172,500
Property Values $194,619 $112,500 $152,500 $225,000
Average LTV 81.7%
Percent Refinance 72.6%
Pct of Refis Cashout 11.0%

Indiana Mortgage Rates

You might be wondering if there are great deals on mortgage loans and refinances out there just for Hoosiers. You'll be pleased to learn that residents of Indiana can find low rate mortgages from reputable mortgage lenders. But finding those programs isn't always easy, especially if you aren't familiar with mortgage basics. You might know that the annual percentage rate (APR) is a useful comparison tool for mortgages that have different closing costs. You may also know that a low-payment mortgage doesn't automatically have a competitive interest rate, and that you should compare mortgages on the full set of terms. But the list of issues like these that could derail your mortgage search if you're not educated is a long one. Fortunately, Mortgageloan.com has the resources to guide you on your quest. These resources include an Indiana broker directory, more than 100 mortgage calculators, a database of informative articles, and more.

Ditech.com

4.179%APR

Rates as of: 8/20/2014 30 Yr. Fixed
  • Find a mortgage right for you.
  • Enjoy a convenient loan process
  • Low rates. Learn more now.
Show Phone number

Call Now: 855-389-4978

Rate APR Term Point Payment
  • 4.125%
  • 4.179%
  • 30 Yr. Fixed
  • 0.000%
  • $994

Amerisave

4.197%APR

Rates as of: 8/20/2014 30 Yr. Fixed
  • Direct Mortgage Lender
  • Billions Funded
  • Apply Online. Quick approvals.
Show Phone number

Call Now: 866-814-2162

Rate APR Term Point Payment
  • 4.000%
  • 4.125%
  • 4.250%
  • 4.197%
  • 4.241%
  • 4.283%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 2.000%
  • 1.000%
  • 0.000%
  • $979
  • $994
  • $1,008

RT - First Internet Bank of Indiana

4.039%APR

Rates as of: 8/20/2014 30 Yr. Fixed
  • FDIC Insured Bank
  • Apply Online 24/7
  • Approvals in Minutes
Show Phone number

Call Now: 866-229-7608

Rate APR Term Point Payment
  • 3.875%
  • 4.000%
  • 4.125%
  • 4.039%
  • 4.083%
  • 4.125%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 2.000%
  • 1.000%
  • 0.000%
  • $964
  • $979
  • $994

Capital One

4.323%APR

Rates as of: 8/20/2014 30 Yr. Fixed
  • Saving just makes sense. Get $1000 Off Closing Costs.
  • Get a customized quote in minutes.
  • Free 60-day rate lock and no application fee
Show Phone number

Call Now: 855-238-8771

Rate APR Term Point Payment
  • 4.125%
  • 4.250%
  • 4.375%
  • 4.323%
  • 4.366%
  • 4.407%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 2.000%
  • 1.000%
  • 0.000%
  • $994
  • $1,008
  • $1,024

Quicken Loans

4.027%APR

Rates as of: 8/20/2014 30 Yr. Fixed
  • We close our loans FAST - many in 30 days or less!
  • Rates are still historically low! Lock in a low rate and payment today.
  • Why pay more for your home than you have to? Check out rates now.
Show Phone number

Call Now: 800-695-1899

Rate APR Term Point Payment
  • 3.750%
  • 4.125%
  • 3.875%
  • 4.125%
  • 4.375%
  • 4.375%
  • 4.027%
  • 4.359%
  • 4.044%
  • 4.244%
  • 4.496%
  • 4.485%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 2.000%
  • 2.000%
  • 1.250%
  • 0.000%
  • 0.000%
  • 0.000%
  • $949
  • $994
  • $964
  • $994
  • $1,024
  • $1,024

Discover

4.204%APR

Rates as of: 8/20/2014 30 Yr. Fixed
  • Competitive rates and no hidden fees
  • One dedicated mortgage banker from first call to closing
  • Simple, straightforward process
Show Phone number

Call Now: 855-882-9568

Rate APR Term Point Payment
  • 3.990%
  • 4.000%
  • 4.125%
  • 4.250%
  • 4.375%
  • 4.204%
  • 4.204%
  • 4.248%
  • 4.301%
  • 4.363%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 1.750%
  • 1.625%
  • 0.625%
  • -0.250%
  • -1.000%
  • $978
  • $979
  • $994
  • $1,008
  • $1,024
See more rates

The advertised rates were submitted by each individual lender/broker on the date indicated. Rate/APR terms offered by advertisers may differ from those listed above based on the creditworthiness of the borrower and other differences between an individual loan and the loan criteria used for the quotes. More Info.. These quotes are from banks, thrifts and brokers who have paid for a link to their website in the listings above and you can find additional information about their loan programs on their websites.

Indiana Rate Map

This Indiana Rate Map lets you see what sort of mortgage rates other borrowers around the state have been able to obtain. Each individual marker represents a single mortgage loan.

Use the map to find out what sort of mortgage rates borrowers were able to get in with various credit scores, loan amounts, loan-to-value ratios and other factors, and in various communities around the state.

This rate map project is our effort to help make the mortgage process more transparent for all borrowers. If you’d like to participate, just click on the “Share Your Rate” link above the map to anonymously share the mortgage rate you were able to get on a recent loan. Your fellow consumers will thank you!

NOTE: MortgageLoan.com cannot guarantee the accuracy of the data provided as it is submitted by our visitors.

Home Equity Loans

Do you have equity in your home that you'd like to turn into cash? A home equity loan will do just that. The home equity loan is a fixed-rate second mortgage. They're commonly used to fund a one-time expense. Since a refinance can accomplish the same thing, homeowners often find themselves choosing between one and the other. A home equity loan makes sense when you already have a competitively priced mortgage, or when you want to save on closing costs.

Adjustable-Rate Mortgages

Indiana borrowers, who are low on buying power in the short-term, might consider an adjustable-rate mortgage (ARM) or refinance mortgage. This is because ARMs begin with a low monthly payment that remains in force for a certain time period. Once that period expires, the rate becomes variable, and is adjusted at regular intervals. It's important for ARM borrowers to have the ability to absorb any potential rate increases that occur after the initial rate expires.

Comparing Rates

An early step in your mortgage search should be to become familiar with comparing market rates for different loan types. You'll likely learn that second mortgages have higher rates than refinances, and that most ARMs start with a lower rate than most fixed-rate mortgages (FRMs). Knowing this, you can start fine-tuning your budget. Mortgage calculators will be invaluable in this effort. Use them to run the numbers on different mortgage types, mortgage rates, and loan amounts. While you're doing this, consider how long you intend to own the property, and if you have any improvement plans. These will be factors in what loan you choose, and how much money you'll borrow. Once you understand which options look right for you, start browsing through the Indiana broker directory. Select several to contact and make sure that you have a few ink pens ready to fill out those applications. As you start receiving your offers, compare them to one another as thoroughly as possible. Be open with your lender about your questions and concerns.

Additional Local Rates Pages

See Indianapolis Mortgage Rates.