--- title: Multifamily Lenders in Tippecanoe County, IN: 25 Made Loans url: https://lender.report/lenders-in/indiana/tippecanoe-county/ license: https://lender.report/license/ --- County ยท 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, 2025 **Multifamily loans, 2024-25** 84 HMDA, 2025 Manufactured-home parks excluded **Dollars** $437M HMDA, 2025 **Typical loan** $760K HMDA, 2025 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, IN](https://lender.report/comps/?lane=multifamily&state=IN&county=18157)[On this list? Find your page](https://lender.report/for-lenders/?from=market) | Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans | Typical loan | | --- | --- | --- | --- | --- | --- | --- | --- | | [The Fountain Trust Company](https://lender.report/lender/fountain-trust-in/) [multifamily record](https://lender.report/lender/fountain-trust-in/multifamily/) | Bank | Covington, IN | 20 | $5.29M | 15 | 5 | $160K | | [Purdue Credit Union](https://lender.report/lender/purdue-credit-union-in/) [multifamily record](https://lender.report/lender/purdue-credit-union-in/multifamily/) | Credit union | West Lafayette, IN | 13 | $24.6M | 6 | 7 | $340K | | [First Merchants Bank](https://lender.report/lender/first-merchants-bank-in/) [multifamily record](https://lender.report/lender/first-merchants-bank-in/multifamily/) | Bank | Muncie, IN | 7 | $54.9M | 4 | 3 | $1M | | [Centier Bank](https://lender.report/lender/centier-bank-in/) [multifamily record](https://lender.report/lender/centier-bank-in/multifamily/) | Bank | Whiting, IN | 6 | $3.58M | 3 | 3 | $500K | | [First Farmers Bank & Trust Co.](https://lender.report/lender/first-farmers-bank-and-trust-in/) [multifamily record](https://lender.report/lender/first-farmers-bank-and-trust-in/multifamily/) | Bank | Converse, IN | 4 | $10.1M | 2 | 2 | $1.5M | | [Old National Bank](https://lender.report/lender/old-national-bank-in/) [multifamily record](https://lender.report/lender/old-national-bank-in/multifamily/) | Bank | Evansville, IN | 4 | $5.54M | 4 | 0 | $2.2M | | [Merchants Capital Corp.](https://lender.report/lender/merchants-capital-in/) [multifamily record](https://lender.report/lender/merchants-capital-in/multifamily/) | Non-bank | Carmel, IN | 3 | $40.0M | 1 | 2 | $14M | | [Greystone Servicing Corporation, Inc.](https://lender.report/lender/greystone-servicing-tn-memphis-kqgfmz98/) [multifamily record](https://lender.report/lender/greystone-servicing-tn-memphis-kqgfmz98/multifamily/) | Non-bank | Memphis, TN | 3 | $22.4M | 1 | 2 | $3.3M | | [The Farmers and Merchants Bank](https://lender.report/lender/farmers-and-merchants-bank-in-boswell/) | Bank | Boswell, IN | 3 | $1.66M | 2 | 1 | $720K | | [Bellwether Enterprise Real Estate Capital, LLC](https://lender.report/lender/bellwether-enterprise-real-estate-capital-oh/) [multifamily record](https://lender.report/lender/bellwether-enterprise-real-estate-capital-oh/multifamily/) | Non-bank | Cleveland, OH | 2 | $66.0M | 2 | 0 | $34M | | [Walker & Dunlop, LLC](https://lender.report/lender/walker-and-dunlop-md/) [multifamily record](https://lender.report/lender/walker-and-dunlop-md/multifamily/) | Non-bank | Bethesda, MD | 2 | $55.2M | 1 | 1 | $48M | | [First Financial Bank, National Association](https://lender.report/lender/first-financial-bank-in/) [multifamily record](https://lender.report/lender/first-financial-bank-in/multifamily/) | Bank | Terre Haute, IN | 2 | $42.0M | 1 | 1 | $30M | | [Security Federal Savings Bank](https://lender.report/lender/security-federal-savings-bank-in/) | Savings | Logansport, IN | 2 | $10.2M | 1 | 1 | $10M | | [Alliance Bank](https://lender.report/lender/alliance-bank-in/) [multifamily record](https://lender.report/lender/alliance-bank-in/multifamily/) | Bank | Francesville, IN | 2 | $1.24M | 1 | 1 | $900K | | [Merchants Bank of Indiana](https://lender.report/lender/merchants-bank-of-indiana-in/) [multifamily record](https://lender.report/lender/merchants-bank-of-indiana-in/multifamily/) | Bank | Carmel, IN | 1 | $30.0M | 0 | 1 | $30M | | [Lument Structured Finance LLC](https://lender.report/lender/lument-structured-finance-oh/) [multifamily record](https://lender.report/lender/lument-structured-finance-oh/multifamily/) | Non-bank | Columbus, OH | 1 | $17.0M | 0 | 1 | $17M | | [Cedar Rapids Bank and Trust Company](https://lender.report/lender/cedar-rapids-bank-and-trust-ia/) [multifamily record](https://lender.report/lender/cedar-rapids-bank-and-trust-ia/multifamily/) | Bank | Cedar Rapids, IA | 1 | $14.0M | 0 | 1 | $14M | | [M&T Realty Capital Corporation](https://lender.report/lender/m-and-t-realty-capital-ny/) [multifamily record](https://lender.report/lender/m-and-t-realty-capital-ny/multifamily/) | Non-bank | Buffalo, NY | 1 | $12.0M | 0 | 1 | $12M | | [Hinsdale Bank & Trust Company, National Association](https://lender.report/lender/hinsdale-bank-and-trust-il/) [multifamily record](https://lender.report/lender/hinsdale-bank-and-trust-il/multifamily/) | Bank | Hinsdale, IL | 1 | $6.70M | 0 | 1 | $6.7M | | [NewPoint Real Estate Capital](https://lender.report/lender/newpoint-real-estate-capital-tx/) [multifamily record](https://lender.report/lender/newpoint-real-estate-capital-tx/multifamily/) | Non-bank | Plano, TX | 1 | $5.10M | 1 | 0 | $5.1M | | [First Financial Bank](https://lender.report/lender/first-financial-bank-oh/) [multifamily record](https://lender.report/lender/first-financial-bank-oh/multifamily/) | Bank | Cincinnati, OH | 1 | $3.50M | 1 | 0 | $3.5M | | [Morton Community Bank](https://lender.report/lender/morton-community-bank-il/) [multifamily record](https://lender.report/lender/morton-community-bank-il/multifamily/) | Bank | Morton, IL | 1 | $3.00M | 1 | 0 | $3M | | [1st Source Bank](https://lender.report/lender/1st-source-bank-in/) [multifamily record](https://lender.report/lender/1st-source-bank-in/multifamily/) | Bank | South Bend, IN | 1 | $2.50M | 1 | 0 | $2.5M | | [Kentland Bank](https://lender.report/lender/kentland-bank-in/) [multifamily record](https://lender.report/lender/kentland-bank-in/multifamily/) | Bank | Kentland, IN | 1 | $560K | 1 | 0 | $560K | | [Indiana University Credit Union](https://lender.report/lender/indiana-university-credit-union-in/) [multifamily record](https://lender.report/lender/indiana-university-credit-union-in/multifamily/) | Credit union | Bloomington, IN | 1 | $520K | 0 | 1 | $520K | HMDA, 2025 [Check a deal in Tippecanoe County, IN in Loan Comps](https://lender.report/comps/?lane=multifamily&state=IN&county=18157) | Loan size | Loans | Lenders | | --- | --- | --- | | Under $1M | 48 | 11 | | $1M to $2.5M | 9 | 6 | | $2.5M to $5M | 5 | 5 | | $5M to $10M | 6 | 5 | | $10M or more | 16 | 11 | HMDA, 2025 - Lenders made 84 multifamily loans totaling $436.9M in Tippecanoe County, IN in 2024 and 2025. HMDA, 2025 - 49 of the loans were made in 2025 and 35 in 2024. HMDA, 2025 - The typical loan in Tippecanoe County, IN was about $760K, with the middle half between $220K and $6M. HMDA, 2025 - 48 of the loans were under $1M, and 22 were $5M or more. HMDA, 2025 - 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, 2025 - The median term was 7 years. HMDA, 2025 - The median loan to value was 57%. HMDA, 2025 - 46% of the loans were refinancings and 46% were purchases. HMDA, 2025 - Banks and savings institutions made 57 of the loans, credit unions 14, and non-banks 13. HMDA, 2025 - The five most active lenders made 59.5% of the loans. HMDA, 2025 - The three most active lenders were The Fountain Trust Company with 20, Purdue Credit Union with 13, and First Merchants Bank with 7. HMDA, 2025 - 15 of the 25 lenders are based in Indiana. The rest are based elsewhere, most often in Ohio, Illinois and Iowa. HMDA, 2025 - The most common property size was 5 to 24 units, with 51 loans. HMDA, 2025 - Tippecanoe County, IN is part of the Lafayette-West Lafayette, IN metro area, which has its own page. OMB metro list, 2025 ## 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](https://ffiec.cfpb.gov/data-browser/) **Changelog** November 12, 2026: 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](https://lender.report/report/) 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.