Indiana Mortgage Lenders

Searching for Indiana mortgage lenders who will actually shop the market for you? Greg Rank is an independent mortgage broker serving Indianapolis and clients statewide. Unlike a bank or credit union that offers only their own loan products, Greg works with dozens of Indiana mortgage lenders to find the loan that fits your situation, whether you’re buying your first home, upgrading, or refinancing.

Call (317) 603-0912 for a free, no-obligation rate quote, or read on to learn how Indiana borrowers are saving thousands by working with a broker instead of going directly to a lender.

Why Work With a Mortgage Broker Instead of Going Directly to a Lender?

When you walk into a bank, you get one set of rates, theirs. When you work with Greg Rank, you get access to a wholesale lending network of 40+ Indiana mortgage lenders, each competing for your business. The result is a lower rate, better terms, and a loan product actually matched to your financial profile.

• One application, multiple lenders: Greg submits your file to competing wholesale lenders simultaneously, no need to apply everywhere yourself.
• Access to wholesale rates: Mortgage brokers access wholesale pricing not available to the public at retail banks.
• Unbiased advice: Greg’s loyalty is to you, not a lender’s quota. He recommends what’s best for your situation.
• Local expertise: Greg has helped Indiana homebuyers and homeowners for years, understanding local market nuances that out-of-state lenders miss.

Mortgage Programs Available Through Indiana Lenders

Greg Rank works with Indiana mortgage lenders who offer a full range of loan programs:

Conventional Loans

Conventional loans are the most common mortgage in Indiana. With a 620+ credit score and 3–20% down, conventional financing offers competitive rates and flexible terms from 10 to 30 years. Down payments as low as 3% are available for qualified first-time buyers.

FHA Loans

FHA loans are popular with Indiana first-time homebuyers because they require only 3.5% down and accept credit scores starting at 580. Indiana mortgage lenders offering FHA financing can help buyers who don’t have a large down payment or perfect credit.

VA Loans

Indiana is home to a large veteran population, and VA loans offer benefits few other programs match: no down payment required, no private mortgage insurance, and competitive rates. Greg is experienced with VA lending and works with Indiana lenders specializing in veteran financing.

USDA Rural Housing Loans

Large portions of Indiana qualify for USDA Rural Housing loans, which offer 100% financing (no down payment) for eligible properties in designated rural and suburban areas. If you’re buying in a smaller Indiana town or rural county, USDA may be worth a close look.

Jumbo Loans

For home purchases above the conforming loan limits, Greg works with Indiana jumbo lenders who offer competitive rates on luxury homes, high-value properties, and investment purchases exceeding $832,750 (the 2026 conforming limit, set annually by the Federal Housing Finance Agency).

DSCR & Investor Loans

Real estate investors in Indiana who want to qualify based on a property’s rental income rather than personal income can use DSCR (Debt Service Coverage Ratio) loans. These are ideal for landlords growing a rental portfolio in Indianapolis, Fort Wayne, Evansville, or any other Indiana market.

Indiana Cities We Serve

While Greg is based in Indianapolis, he works with Indiana mortgage lenders who lend statewide. Greg has helped borrowers purchase and refinance in:

• Indianapolis: The largest market, with strong demand in neighborhoods like Broad Ripple, Meridian-Kessler, Irvington, and downtown condos.
• Carmel: One of Indiana’s highest-value markets; jumbo and conventional loans are most common.
• Fishers & Noblesville: Fast-growing Hamilton County markets popular with families and move-up buyers.
• Westfield: New construction is booming; Greg is experienced with new build financing.
• Fort Wayne: Indiana’s second-largest city with affordable home prices and strong investor activity.
• Bloomington: College town market with a mix of owner-occupied and investment properties.
• Evansville, South Bend, Lafayette: Greg works with wholesale lenders who lend throughout the entire state.

How to Get Started With Indiana Mortgage Lenders

Getting pre-approved takes less than an hour and gives you a competitive edge in Indiana’s busy real estate market. Here’s how the process works with Greg Rank:

1. Free Consultation: Call (317) 603-0912 or fill out the contact form. Greg will review your goals, credit, and finances at no cost.
2. Pre-Approval: Greg submits your application to the Indiana mortgage lenders whose programs fit your scenario, and you receive a pre-approval letter quickly.
3. Rate Shopping: Greg presents competing offers and explains the trade-offs in plain English, no jargon, no pressure.
4. Processing & Closing: Greg manages the file from application to closing table, coordinating with the lender, title company, and real estate agents on your behalf.

Frequently Asked Questions: Indiana Mortgage Lenders

What is the difference between a mortgage lender and a mortgage broker in Indiana?

A mortgage lender (bank, credit union, or direct lender) funds loans using their own money and offers only their own products. A mortgage broker like Greg Rank shops multiple Indiana mortgage lenders on your behalf, giving you access to more options and often better rates than any single lender can offer.

Do Indiana mortgage brokers charge more than banks?

Not necessarily, and often less. Greg accesses wholesale rates that are typically lower than the retail rates banks advertise. His compensation is disclosed upfront, and the total cost of a broker-arranged loan is frequently lower than going directly to a bank.

How fast can I get pre-approved for a mortgage in Indiana?

In many cases, same-day pre-approval is possible once you provide your income documents, bank statements, and consent for a credit pull. Greg works efficiently to get you into the market fast.

What credit score do I need for a mortgage in Indiana?

It depends on the loan type. FHA loans accept scores as low as 580 (with 3.5% down). Conventional loans generally require a 620+ score for the best rates. VA loans have no official minimum. Greg will review your credit and find the best-fit loan program for your score.

Does Greg Rank work with first-time homebuyers?

Absolutely. First-time buyers are a priority. Greg walks you through every step, explains all costs and options clearly, and helps you take advantage of programs like FHA, USDA, or Indiana down payment assistance programs.

Ready to Compare Indiana Mortgage Lenders?

Stop settling for one lender’s rate. Let Greg Rank shop the entire Indiana mortgage market for you. With no cost to compare and no obligation until you choose a loan, you have nothing to lose and potentially thousands to save.

📞 Call or text: (317) 603-0912
Serving Indianapolis and all of Indiana

Related Resources

• All Loan Programs
• Current Mortgage Rates in Indiana
• Mortgage Calculator
• First-Time Homebuyer Programs
• Get Pre-Approved / Contact Greg