County · IN
Multifamily lenders in Vanderburgh County, IN
23 lenders made 85 multifamily loans in Vanderburgh County, IN in 2024 and 2025, $294.2M in all. Crane Credit Union made the most, with 18. The typical loan was about $560K. The county is part of the Evansville, 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
- 23
- HMDA,
- Multifamily loans, 2024-25
- 85
- HMDA,
- Manufactured-home parks excluded
- Dollars
- $294M
- HMDA,
- Typical loan
- $560K
- HMDA,
Cite this
Source: The Lender Report, Multifamily lenders in Vanderburgh County, IN, https://lender.report/lenders-in/indiana/vanderburgh-county/, data as of December 31, 2025.
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| Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans | Typical loan |
|---|---|---|---|---|---|---|---|
| Crane Credit Union multifamily record | Credit union | Odon, IN | 18 | $16.8M | 10 | 8 | $760K |
| German American Bank multifamily record | Bank | Jasper, IN | 11 | $1.26M | 2 | 9 | $95K |
| Old National Bank multifamily record | Bank | Evansville, IN | 4 | $5.36M | 0 | 4 | $260K |
| South Central Bank, Inc. multifamily record | Bank | Glasgow, KY | 4 | $2.54M | 2 | 2 | $840K |
| Walker & Dunlop, LLC multifamily record | Non-bank | Bethesda, MD | 3 | $49.0M | 1 | 2 | $14M |
| Banterra Bank multifamily record | Bank | Marion, IL | 3 | $10.3M | 2 | 1 | $720K |
| The Hometown Savings Bank multifamily record | Savings | Terre Haute, IN | 3 | $2.00M | 3 | 0 | $600K |
| Bellwether Enterprise Real Estate Capital, LLC multifamily record | Non-bank | Cleveland, OH | 2 | $34.0M | 1 | 1 | $20M |
| Merchants Bank of Indiana multifamily record | Bank | Carmel, IN | 2 | $27.2M | 0 | 2 | $19M |
| Lument Real Estate Capital multifamily record | Non-bank | Columbus, OH | 2 | $22.6M | 0 | 2 | $20M |
| Greystone Servicing Corporation, Inc. multifamily record | Non-bank | Memphis, TN | 1 | $36.0M | 0 | 1 | $36M |
| M&T Realty Capital Corporation multifamily record | Non-bank | Buffalo, NY | 1 | $33.0M | 1 | 0 | $33M |
| Colliers Mortgage LLC multifamily record | Non-bank | Minneapolis, MN | 1 | $20.0M | 0 | 1 | $20M |
| Merchants Capital Corp. multifamily record | Non-bank | Carmel, IN | 1 | $7.20M | 0 | 1 | $7.2M |
| The Central Trust Bank multifamily record | Bank | Jefferson City, MO | 1 | $6.00M | 1 | 0 | $6M |
| CBRE Multifamily Capital, Inc. multifamily record | Non-bank | Houston, TX | 1 | $5.90M | 0 | 1 | $5.9M |
| Ice Lender Holdings LLC multifamily record | Non-bank | New York, NY | 1 | $4.50M | 0 | 1 | $4.5M |
| RiverHills Bank multifamily record | Bank | Milford, OH | 1 | $1.30M | 1 | 0 | $1.3M |
| Liberty Credit Union multifamily record | Credit union | Evansville, IN | 1 | $1.20M | 0 | 1 | $1.2M |
| American Bank & Trust Company, Inc. multifamily record | Bank | Bowling Green, KY | 1 | $420K | 0 | 1 | $420K |
| Brighton Bank | Bank | Brighton, TN | 1 | $260K | 1 | 0 | $260K |
| Independence Bank of Kentucky multifamily record | Bank | Owensboro, KY | 1 | $180K | 1 | 0 | $180K |
| First Financial Bank, National Association multifamily record | Bank | Terre Haute, IN | 1 | $140K | 0 | 1 | $140K |
| Loan size | Loans | Lenders |
|---|---|---|
| Under $1M | 61 | 10 |
| $1M to $2.5M | 5 | 4 |
| $2.5M to $5M | 3 | 3 |
| $5M to $10M | 6 | 6 |
| $10M or more | 10 | 7 |
- Lenders made 85 multifamily loans totaling $294.2M in Vanderburgh County, IN in 2024 and 2025. HMDA,
- 20 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,
- 40 of the loans were made in 2025 and 45 in 2024. HMDA,
- The typical loan in Vanderburgh County, IN was about $560K, with the middle half between $220K and $1.2M. HMDA,
- 61 of the loans were under $1M, and 16 were $5M or more. HMDA,
- Lenders reported a median rate of 7.10% on 59 loans in Vanderburgh County, 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,
- 56% of the loans were refinancings and 38% were purchases. HMDA,
- Banks and savings institutions made 33 of the loans, credit unions 19, and non-banks 13. HMDA,
- The five most active lenders made 47.1% of the loans. HMDA,
- The three most active lenders were Crane Credit Union with 18, German American Bank with 11, and Old National Bank with 4. HMDA,
- 8 of the 23 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 65 loans. HMDA,
- Vanderburgh County, IN is part of the Evansville, IN metro area, which has its own page. OMB metro list,
How this list is defined
- Measure
- Multifamily loans made in Vanderburgh 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.