County · IN

Multifamily lenders in Tippecanoe County, IN

25 lenders made 84 multifamily loans in Tippecanoe County, IN in 2024 and 2025, $436.9M in all. The Fountain Trust Company made the most, with 20. The typical loan was about $760K. The county is part of the Lafayette, IN metro area.

Evidence
Multifamily loans placed in the county, HMDA
Data as of
HMDA 2025
Page last changed
November 11, 2026
Lenders on record
25
HMDA,
Multifamily loans, 2024-25
84
HMDA,
Manufactured-home parks excluded
Dollars
$437M
HMDA,
Typical loan
$760K
HMDA,

Cite this

Source: The Lender Report, Multifamily lenders in Tippecanoe County, IN, https://lender.report/lenders-in/indiana/tippecanoe-county/, data as of December 31, 2025.

Describe a deal in Tippecanoe County, IN

See which of these lenders made loans like yours, at your size and in your place. No account and no form.

Show multifamily loans in Tippecanoe County, INOn this list? Find your page

Tippecanoe County, IN multifamily lenders. Ordered by loans recorded in the place, then dollars, then name. Payment is not part of the order.
LenderKindBased inLoansDollars2025 loans2024 loansTypical loan
The Fountain Trust Company multifamily recordBankCovington, IN20$5.29M155$160K
Purdue Credit Union multifamily recordCredit unionWest Lafayette, IN13$24.6M67$340K
First Merchants Bank multifamily recordBankMuncie, IN7$54.9M43$1M
Centier Bank multifamily recordBankWhiting, IN6$3.58M33$500K
First Farmers Bank & Trust Co. multifamily recordBankConverse, IN4$10.1M22$1.5M
Old National Bank multifamily recordBankEvansville, IN4$5.54M40$2.2M
Merchants Capital Corp. multifamily recordNon-bankCarmel, IN3$40.0M12$14M
Greystone Servicing Corporation, Inc. multifamily recordNon-bankMemphis, TN3$22.4M12$3.3M
The Farmers and Merchants BankBankBoswell, IN3$1.66M21$720K
Bellwether Enterprise Real Estate Capital, LLC multifamily recordNon-bankCleveland, OH2$66.0M20$34M
Walker & Dunlop, LLC multifamily recordNon-bankBethesda, MD2$55.2M11$48M
First Financial Bank, National Association multifamily recordBankTerre Haute, IN2$42.0M11$30M
Security Federal Savings BankSavingsLogansport, IN2$10.2M11$10M
Alliance Bank multifamily recordBankFrancesville, IN2$1.24M11$900K
Merchants Bank of Indiana multifamily recordBankCarmel, IN1$30.0M01$30M
Lument Structured Finance LLC multifamily recordNon-bankColumbus, OH1$17.0M01$17M
Cedar Rapids Bank and Trust Company multifamily recordBankCedar Rapids, IA1$14.0M01$14M
M&T Realty Capital Corporation multifamily recordNon-bankBuffalo, NY1$12.0M01$12M
Hinsdale Bank & Trust Company, National Association multifamily recordBankHinsdale, IL1$6.70M01$6.7M
NewPoint Real Estate Capital multifamily recordNon-bankPlano, TX1$5.10M10$5.1M
First Financial Bank multifamily recordBankCincinnati, OH1$3.50M10$3.5M
Morton Community Bank multifamily recordBankMorton, IL1$3.00M10$3M
1st Source Bank multifamily recordBankSouth Bend, IN1$2.50M10$2.5M
Kentland Bank multifamily recordBankKentland, IN1$560K10$560K
Indiana University Credit Union multifamily recordCredit unionBloomington, IN1$520K01$520K
HMDA,

Check a deal in Tippecanoe County, IN in Loan Comps

Loans by size in Tippecanoe County, IN
Loan sizeLoansLenders
Under $1M4811
$1M to $2.5M96
$2.5M to $5M55
$5M to $10M65
$10M or more1611
HMDA,
  • Lenders made 84 multifamily loans totaling $436.9M in Tippecanoe County, IN in 2024 and 2025. HMDA,
  • 49 of the loans were made in 2025 and 35 in 2024. HMDA,
  • The typical loan in Tippecanoe County, IN was about $760K, with the middle half between $220K and $6M. HMDA,
  • 48 of the loans were under $1M, and 22 were $5M or more. HMDA,
  • Lenders reported a median rate of 6.88% on 50 loans in Tippecanoe County, IN, with the middle half between 6.13% and 7.13%. HMDA,
  • The median term was 7 years. HMDA,
  • The median loan to value was 57%. HMDA,
  • 46% of the loans were refinancings and 46% were purchases. HMDA,
  • Banks and savings institutions made 57 of the loans, credit unions 14, and non-banks 13. HMDA,
  • The five most active lenders made 59.5% of the loans. HMDA,
  • The three most active lenders were The Fountain Trust Company with 20, Purdue Credit Union with 13, and First Merchants Bank with 7. HMDA,
  • 15 of the 25 lenders are based in Indiana. The rest are based elsewhere, most often in Ohio, Illinois and Iowa. HMDA,
  • The most common property size was 5 to 24 units, with 51 loans. HMDA,
  • Tippecanoe County, IN is part of the Lafayette-West Lafayette, IN metro area, which has its own page. OMB metro list,

How this list is defined

Measure
Multifamily loans made in Tippecanoe County, IN
Period
2024 and 2025
Formula
Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in the county, manufactured-home parks excluded, for each year in which the public file holds 5 or more such loans in the county.
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.

SBA loans are on record by state only, so this page has no SBA figures for the county. The state pages carry them.

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.