SSL Secured
Privacy Protected
Licensed & Regulated
MortgageLenderNearMe
Evanston, IN

The Best Mortgage Lenders in Evanston, IN

Compare verified mortgage lenders serving Evanston, Indiana. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
720+
Reviews
11
Loan Types

Available Loan Programs in Evanston

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction
First-time Homebuyer
Construction-to-Permanent
Home Equity
Renovation

Featured Mortgage Lenders

1

Evansville Teachers Federal Credit Union

Evansville Teachers Federal Credit Union

★★★★☆
4.8/5

Evansville Teachers FCU is one of Southern Indiana's most trusted mortgage lenders with an exceptional 4.8-star rating. While headquartered in Evansville, they serve the entire Evansville metropolitan area including Evanston. With over 85 years of community banking experience, they offer highly competitive rates and personalized service through local loan officers who understand the Southern Indiana housing market. Their mortgage team specializes in first-time homebuyer programs and offers a comprehensive range of loan products with exceptional customer service ratings.

Experience:85 years
Reviews:185 customer reviews
1200 N. Burkhardt Road, Evansville, IN 47715

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceConstructionFirst-time Homebuyer
Visit Website
2

Old National Bank

Old National Bank

★★★★☆
4.6/5

Old National Bank has deep roots in Southern Indiana with a strong presence throughout the Evansville region, including service to Evanston residents. As one of the largest regional banks in the area, they offer comprehensive mortgage solutions with local decision-making and personalized service. Their 4.6-star rating reflects consistent customer satisfaction, and they maintain multiple branch locations throughout the Tri-State area. With nearly two centuries of banking experience, they provide competitive rates and a wide array of mortgage products tailored to Indiana homebuyers.

Experience:188 years
Reviews:320 customer reviews
420 Main Street, Evansville, IN 47708

Loan Types:

ConventionalFHAVAUSDAConstruction-to-PermanentHome EquityRefinance
Visit Website
3

Guild Mortgage Company - Evansville

Guild Mortgage Company

★★★★☆
4.7/5

Guild Mortgage's Evansville branch serves the Evanston area with exceptional 4.7-star ratings for their local mortgage services. As a nationwide lender with strong local presence, they combine the resources of a large mortgage company with personalized service from local loan officers who understand the Evansville housing market. They specialize in various government-backed loans and first-time homebuyer programs, with particular expertise in FHA and VA lending. Their local team has built a strong reputation for guiding borrowers through the entire mortgage process with transparency and efficiency.

Experience:62 years
Reviews:215 customer reviews
6240 E. Virginia Street, Evansville, IN 47715

Loan Types:

ConventionalFHAVAUSDAJumboRenovationRefinanceFirst-time Homebuyer
Visit Website

Frequently Asked Questions

Common questions about mortgage lending in Evanston, IN

What are the current average mortgage rates for homebuyers in Evanston, IN?

Mortgage rates in Evanston typically align with national averages but can vary based on local lender competition and property type. As of recent data, 30-year fixed rates in Gibson County generally range from 6.5% to 7.25%, though rates for rural properties may differ slightly. It's best to compare offers from local lenders like Old National Bank and regional credit unions for the most competitive Evanston-specific rates.

Are there any first-time homebuyer programs specifically available in Evanston?

Yes, Evanston homebuyers can access Indiana's statewide programs like the Indiana Housing and Community Development Authority's (IHCDA) Next Home program, which offers down payment assistance and competitive rates. Additionally, Gibson County may have local initiatives for moderate-income buyers, particularly for properties meeting certain criteria. These programs can provide 3-4% in down payment assistance for qualified Evanston purchasers.

How does Evanston's rural location affect mortgage lending requirements?

Evanston's rural setting means some properties may qualify for USDA Rural Development loans, which offer 100% financing with no down payment required. However, lenders may require additional property inspections for older homes or rural land parcels. Properties with well and septic systems typically need specific testing that urban properties don't require, which can affect both appraisal timelines and loan approval.

What unique closing costs should I expect when buying a home in Evanston?

Evanston homebuyers should budget for Gibson County-specific costs including transfer taxes, recording fees, and potential rural property assessments. Title insurance rates in Indiana are regulated but can vary slightly by county. You may also encounter additional costs for well/septic certifications and agricultural land disclosures that aren't common in urban mortgage transactions.

How competitive is the mortgage market in Evanston compared to larger Indiana cities?

Evanston's mortgage market is less competitive than larger cities like Evansville, typically resulting in fewer lender options but potentially more personalized service. Local lenders often have better understanding of Evanston's property values and can process loans more efficiently for area homes. However, you may find slightly higher rates or fewer specialty loan products compared to metropolitan areas, making it important to shop locally and regionally.

Mortgage Insights

Finding Your Perfect Home Loan Partner in Evanston, Indiana

Searching for "home loan companies near me" is one of the most crucial steps in your Evanston homebuying journey. It’s not just about finding a lender; it’s about finding a local financial partner who understands the unique character and value of our community. Evanston, with its blend of small-town charm and convenient access to larger areas like Evansville, presents specific opportunities that the right mortgage professional can help you navigate.

In a local market like ours, working with a nearby home loan company offers distinct advantages. Local lenders have their finger on the pulse of Vanderburgh County property values. They understand what makes a home on the east side desirable and can accurately appraise properties, which is key to a smooth transaction. They’re also familiar with the nuances of older, character-filled homes you might find in Evanston, as well as newer developments. Perhaps most importantly, a local loan officer is someone you can sit down with face-to-face, building a relationship based on trust and personalized service, rather than being just another application in a national call center queue.

As you begin your search, start by asking for recommendations from your real estate agent, friends, or family who have recently purchased in the area. Look for companies with a physical office in Evansville or the surrounding region. Don’t just compare interest rates online; make appointments for consultations. Come prepared with questions about their experience with Indiana-specific programs, like the Indiana Housing and Community Development Authority (IHCDA) offerings. The IHCDA provides fantastic resources for qualified buyers, including down payment assistance and favorable loan terms, which can be a game-changer for first-time homebuyers or those with moderate incomes. A lender well-versed in these programs can be your guide to unlocking this extra help.

Your actionable first step is to get pre-approved by at least two or three local lenders. This pre-approval does more than just tell you your budget; it shows sellers you are a serious and qualified buyer, which is a powerful advantage in any market. When comparing lenders, look beyond the rate. Ask about estimated closing costs, the types of loans they recommend for your situation (like a conventional loan, FHA, or a USDA loan if you're looking at more rural parts of the county), and their average time to close. A smooth, timely closing is invaluable.

Buying a home in Evanston is an investment in a wonderful community. By taking the time to find a home loan company that is genuinely *near you*, you’re not just securing a mortgage—you’re gaining a local expert who will help you confidently plant your roots right here in Indiana. Start your search locally, ask the right questions, and you’ll find the perfect partner to help you turn a house into your Evanston home.

Nearby Cities

Explore mortgage lenders in cities near Evanston, IN

Why Choose a Mortgage Lender in Evanston?

Local Market Knowledge

Lenders who understand Evanston's housing market can offer better guidance and competitive rates.

Multiple Loan Options

Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.

Proven Track Record

Work with lenders who have years of experience and hundreds of satisfied customers in Indiana.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Evanston and get competitive rates on your home loan.