Metro area · IN
Lenders in Evansville, IN
27 lenders made 106 multifamily loans in the Evansville, IN metro area in 2024 and 2025, $394.9M in all. Crane Credit Union made the most, with 21. The typical loan was about $560K.
- Evidence
- Multifamily loans placed in the metro area, HMDA
- Data as of
- HMDA 2025
- Page last changed
- November 11, 2026
- Lenders on record
- 27
- HMDA,
- Multifamily loans, 2024-25
- 106
- HMDA,
- Manufactured-home parks excluded
- Dollars
- $395M
- HMDA,
- Typical loan
- $560K
- HMDA,
Cite this
Source: The Lender Report, Lenders in Evansville, IN, https://lender.report/lenders-in/evansville-in/, data as of December 31, 2025.
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This page lists who has made multifamily loans here. Loan Comps shows who has made a loan like yours, with the loans to prove it.
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| Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans |
|---|---|---|---|---|---|---|
| Crane Credit Union multifamily record | Credit union | Odon, IN | 21 | $18.9M | 12 | 9 |
| German American Bank multifamily record | Bank | Jasper, IN | 14 | $17.8M | 4 | 10 |
| Old National Bank multifamily record | Bank | Evansville, IN | 6 | $5.87M | 2 | 4 |
| First Federal Savings Bank multifamily record | Bank | Evansville, IN | 5 | $6.12M | 1 | 4 |
| Walker & Dunlop, LLC multifamily record | Non-bank | Bethesda, MD | 4 | $67.0M | 2 | 2 |
| South Central Bank, Inc. multifamily record | Bank | Glasgow, KY | 4 | $2.54M | 2 | 2 |
| Banterra Bank multifamily record | Bank | Marion, IL | 3 | $10.3M | 2 | 1 |
| The Hometown Savings Bank multifamily record | Savings | Terre Haute, IN | 3 | $2.00M | 3 | 0 |
| Liberty Credit Union multifamily record | Credit union | Evansville, IN | 3 | $1.88M | 1 | 2 |
| Bellwether Enterprise Real Estate Capital, LLC multifamily record | Non-bank | Cleveland, OH | 2 | $34.0M | 1 | 1 |
| Merchants Bank of Indiana multifamily record | Bank | Carmel, IN | 2 | $27.2M | 0 | 2 |
| Lument Real Estate Capital multifamily record | Non-bank | Columbus, OH | 2 | $22.6M | 0 | 2 |
| Berkadia Commercial Mortgage multifamily record | Non-bank | Ambler, PA | 2 | $17.3M | 1 | 1 |
| Greystone Servicing Corporation, Inc. multifamily record | Non-bank | Memphis, TN | 1 | $36.0M | 0 | 1 |
| M&T Realty Capital Corporation multifamily record | Non-bank | Buffalo, NY | 1 | $33.0M | 1 | 0 |
| County | Loans | Dollars | Lenders |
|---|---|---|---|
| Vanderburgh County, IN | 85 | $295M | 23 |
| Warrick County, IN | 17 | $83.1M | 8 |
A county is listed for a year only when the public file holds 5 or more multifamily loans there that year.
| Loan size | Loans |
|---|---|
| Under $1M | 73 |
| $1M to $2.5M | 8 |
| $2.5M to $5M | 4 |
| $5M to $10M | 6 |
| $10M or more | 15 |
- Lenders made 106 multifamily loans totaling $394.9M in Evansville, IN in 2024 and 2025. HMDA,
- 21 of these loans were made by lenders that have since merged or closed. They are counted in the totals here and appear in no lender's row. HMDA,
- 52 of the loans were made in 2025 and 54 in 2024. HMDA,
- The typical loan in Evansville, IN was about $560K, with the middle half between $220K and $1.6M. HMDA,
- 73 of the loans were under $1M, and 21 were $5M or more. HMDA,
- Lenders reported a median rate of 7.10% on 78 loans in Evansville, IN, with the middle half between 6.59% and 7.50%. HMDA,
- The median term was 5 years. HMDA,
- The median loan to value was 68%. HMDA,
- 55% of the loans were refinancings and 40% were purchases. HMDA,
- Banks and savings institutions made 45 of the loans, credit unions 24, and non-banks 16. HMDA,
- The five most active lenders made 47.2% of the loans. HMDA,
- The three most active lenders were Crane Credit Union with 21, German American Bank with 14, and Old National Bank with 6. HMDA,
- 10 of the 27 lenders are based in Indiana. The rest are based elsewhere, most often in Kentucky, Ohio and New York. HMDA,
- The most common property size was 5 to 24 units, with 80 loans. HMDA,
- 2 counties in the metro area have loans on record, and Vanderburgh County, IN has the most, with 85. HMDA,
How this list is defined
- Measure
- Multifamily loans made in the Evansville, IN metro area
- Period
- 2024 and 2025
- Formula
- Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in the metro area, manufactured-home parks excluded, for each year in which the public file holds 5 or more such loans there.
- Order
- Largest first by loans recorded in the place, then dollars, then name. Payment is not part of the order.
- As of
- 2025
- Source
- HMDA
- Changelog
- : First published, with the data built on this date.
What we don't know
- Whether any of these lenders is taking new loans today.
- What they charge or require beyond the rate and term that HMDA reports.
- Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only.
A metro area or county is named for a year only when the public file holds 5 or more multifamily loans there that year, so a small place is never exposed by a count.
HMDA covers dwelling-secured loans. Amounts are the midpoints of $10,000 bands, and each loan has a year, never a date.
Lenders that merged or stopped filing are left out.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.