Indiana · Q1 2026
What Indiana borrowers paid in mortgage closing costs in 2025, drawn from FFIEC HMDA filings across 614 lenders.
Published 2026-04-29.
Indiana · headline
The gap between Indiana's lowest- and highest-cost ranked lenders in 2025 was $3,684 on a typical loan — borrowers using United Wholesale Mortgage paid roughly 140% more than borrowers using Liberty Credit Union on similar loans.
Source: FFIEC HMDA 2025 (n=120,229)
In 2025, 614 mortgage lenders originated 120,229 reportable loans in Indiana according to FFIEC HMDA data. The median borrower paid $3,805 in total loan costs. That is 10.3% below the national median across all 50 states and DC.
Indiana's median total loan cost was $3,805, 10.3% below the national median of $4,242. On a typical loan, that translates to roughly $437 less than borrowers paid in the average state.
Liberty Credit Union posted the lowest median total loan costs at $2,630, 30.9% below the Indiana median. Across the ranked lenders, 9 earned an A grade against peer averages and 3 fell to D or F.
Lower bars = lower median total loan costs. Hover (or tap) bars for sample size and grade. Bar color groups lenders into cost quartiles.
Lenders below 30 records in Indiana are excluded from this ranking. See full methodology.
Same 10 lenders as the chart above, ranked here by 2025 HMDA loan count.
| # | Lender | Median total cost | Median origination | Reports | Grade |
|---|---|---|---|---|---|
| 1 | Rocket Mortgage | $4,914 | $2,944 | 9,725 | B |
| 2 | Ruoff Mortgage Company, Inc. | $3,392 | $1,780 | 6,743 | A |
| 3 | United Wholesale Mortgage | $6,314 | $3,404 | 5,668 | F |
| 4 | GVC Mortgage, Inc. | $4,753 | $2,284 | 3,210 | B |
| 5 | Fairway Independent Mortgage | $3,878 | $1,883 | 3,148 | A |
| 6 | Freedom Mortgage | $5,774 | $3,575 | 2,569 | D |
| 7 | JPMorgan Chase Bank, N.A. | $3,034 | $1,791 | 2,436 | A |
| 8 | Mortgage Research Center, LLC | $3,720 | $2,441 | 2,331 | A |
| 9 | Fifth Third Bank, N.A. | $2,752 | $1,295 | 2,064 | A |
| 10 | Union Home Mortgage Corp. | $4,575 | $2,134 | 2,052 | B |
Indiana median total loan cost
Indiana borrowers paid a median $3,805 in total loan costs in 2025, based on 120,229 HMDA-reported loans across 614 lenders.
FFIEC HMDA 2025
Lender spread in Indiana
In Indiana, the gap between Liberty Credit Union ($2,630 median) and United Wholesale Mortgage ($6,314 median) was $3,684 on a typical 2025 loan.
FFIEC HMDA 2025
Indiana vs. national
Indiana closing costs ran 10.3% below the national median ($4,242) in 2025.
FFIEC HMDA 2025
The median origination charge in Indiana was $1,695, with the typical lender clustering tightly around that figure. Discount points appeared on 52% of loans, with a median paid amount of $1,644 when present — meaningful enough that shoppers should ask whether quoted points actually buy down their rate cost-effectively. Lender credits offsetting closing costs were issued on 31% of loans, with a median credit of $281.
Avg $2,863
Median $1,644 when present
Median $281 when issued
HMDA itemizes origination, discount points, and lender credits. Title insurance, recording fees, and transfer tax (relevant in Indiana) are not separately reported in HMDA — see our state benchmark page for those. See full methodology.
Related pages for Indiana
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