Applications / Mortgage Analytics / Lenders / Indiana / Mortgage Masters of Indiana
Evansville, IN · Independent non-bank lender · CFPB · 945 loans in 2025
Mortgage Masters of Indiana's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
945
loans originated, 2025
1,041
applications, 2025
3
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Mortgage Masters of Indiana is the second-largest lender in Evansville, and gained share there in 2025 with small home-purchase loans, many of them government-backed.
It ranked 2 of 248 lenders in Evansville, its largest market, and its share of the dollars lent rose from 10.3% to 11.3%. Only Liberty Federal Credit Union lent more. It has lent there since 2016, its first year of reporting.
Its loans rose 10%, to 945, in step with the whole market and faster than the 4% of similar lenders, meaning independent non-bank lenders making between half and twice as many loans. Purchases were 91.1% of its lending.
Its typical loan was $195,000, against $315,000, smaller than more than nine in ten similar lenders. Some 42.5% of its loans went to low- and moderate-income borrowers, against 27.0%. Loans insured by the Federal Housing Administration made up 32.7%, and loans guaranteed by the Department of Agriculture's Rural Housing Service 10.3%, against 0.2% at peers. Fewer of its loans were higher-priced, meaning a rate well above the average for similar loans: 0.7%, against 1.8%.
Only 1.3% of its loans were in majority-minority neighborhoods, against 26.2%, among the lowest of its peers. Its lending centers on Evansville and on rural Indiana and Kentucky, which may hold few such neighborhoods. Its share in low- and moderate-income neighborhoods, 18.8%, was near the middle.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Mortgage Masters of Indiana took 1,041 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 91.1% · Refinance 8.9%
Conventional 48.6% · FHA 32.7% · USDA (RHS or FSA) 10.3% · VA 8.5% · of 945 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Indiana | 876 | 92.7% |
| Kentucky | 64 | 6.8% |
| Florida | 5 | 0.5% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Evansville | 690 |
| Bloomington | 8 |
| Indianapolis-Carmel-Greenwood | 7 |
| Owensboro | 4 |
| Cincinnati | 2 |
| Crestview-Fort Walton Beach-Destin | 2 |
| Deltona-Daytona Beach-Ormond Beach | 2 |
| Clarksville | 1 |
| Kokomo | 1 |
| Lake County-Porter County-Jasper County | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 5493005E0SAPZ1LKU504 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 5138999 | 2016–2023 |
| Respondent ID (the HMDA filer code before 2018) | 730486044 |
Established 26 September 2002. Reported under HMDA 2016-2025.
Mergers, name changes, data editions and corrections: Mortgage Masters of Indiana's data.
Mortgage Masters of Indiana's data
$215
Mortgage Masters of Indiana and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
Buy Mortgage Masters of Indiana's data, $215Jenner Mortgage Analytics: all the data
$2,110
Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
Buy the data, $2,110Jenner, the SAS-compatible software
See prices
Jenner runs programs written in the SAS language. It drew every chart on these pages and fitted the fair-lending model, PROC GLIMMIX on 3.5 million applications. Run the programs that come with the data, or your own.
Get JennerQuestions, or the data and Jenner together: [email protected]