--- title: Multifamily Lenders in Indianapolis, IN by Size: 91 Lenders url: https://lender.report/multifamily-lenders/indianapolis-in/ license: https://lender.report/license/ --- Multifamily ยท IN # Multifamily lenders in Indianapolis, IN, by loan size 91 lenders made multifamily loans in the Indianapolis, IN metro area in 2024 and 2025. 42 made a loan under $1M, 46 made one of $5M or more, and 28 made only loans of $5M or more. **Evidence** Multifamily loans placed in the Indianapolis, IN metro area, HMDA **Data as of** HMDA 2025 **Page last changed** November 11, 2026 **Lenders on record** 91 HMDA, 2025 **Loans under $1M** 141 HMDA, 2025 42 lenders **Loans $1M to $5M** 96 HMDA, 2025 43 lenders **Loans $5M or more** 158 HMDA, 2025 46 lenders Cite this Source: The Lender Report, Multifamily lenders in Indianapolis, IN, by loan size, https://lender.report/multifamily-lenders/indianapolis-in/, data as of December 31, 2025. ## Describe a deal in Indianapolis, 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 Indianapolis, IN](https://lender.report/comps/?lane=multifamily&metro=26900)[On this list? Find your page](https://lender.report/for-lenders/?from=market) | Lender | Kind | Based in | Loans | Under $1M | $1M to $2.5M | $2.5M to $5M | $5M to $10M | $10M or more | Refinances | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [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 | 37 | 1 | 2 | 4 | 6 | 24 | 14 | | [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 | 36 | 28 | 4 | 1 | 0 | 3 | 18 | | [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 | 20 | 11 | 6 | 2 | 1 | 0 | 13 | | [Merchants Capital Corp.](https://lender.report/lender/merchants-capital-in/) [multifamily record](https://lender.report/lender/merchants-capital-in/multifamily/) | Non-bank | Carmel, IN | 19 | 0 | 1 | 3 | 4 | 11 | 14 | | [RF Renovo Management Company, LLC](https://lender.report/lender/rf-renovo-management-il/) [multifamily record](https://lender.report/lender/rf-renovo-management-il/multifamily/) | Non-bank | Chicago, IL | 15 | 10 | 5 | 0 | 0 | 0 | 15 | | [Stock Yards Bank & Trust Company](https://lender.report/lender/stock-yards-bank-and-trust-ky/) [multifamily record](https://lender.report/lender/stock-yards-bank-and-trust-ky/multifamily/) | Bank | Louisville, KY | 14 | 10 | 2 | 0 | 0 | 2 | 4 | | [Arbor Realty Trust, Inc.](https://lender.report/lender/arbor-realty-trust-ny/) [multifamily record](https://lender.report/lender/arbor-realty-trust-ny/multifamily/) | Non-bank | Uniondale, NY | 13 | 0 | 1 | 0 | 4 | 8 | 2 | | [Berkadia Commercial Mortgage](https://lender.report/lender/berkadia-commercial-mortgage-pa/) [multifamily record](https://lender.report/lender/berkadia-commercial-mortgage-pa/multifamily/) | Non-bank | Ambler, PA | 12 | 0 | 0 | 3 | 4 | 5 | 5 | | [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 | 11 | 0 | 2 | 3 | 3 | 3 | 7 | | [Crane Credit Union](https://lender.report/lender/crane-credit-union-in/) [multifamily record](https://lender.report/lender/crane-credit-union-in/multifamily/) | Credit union | Odon, IN | 11 | 6 | 4 | 1 | 0 | 0 | 8 | | [Centier Bank](https://lender.report/lender/centier-bank-in/) [multifamily record](https://lender.report/lender/centier-bank-in/multifamily/) | Bank | Whiting, IN | 10 | 2 | 2 | 0 | 1 | 5 | 6 | | [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 | 9 | 0 | 0 | 0 | 2 | 7 | 6 | | [Lake City Bank](https://lender.report/lender/lake-city-bank-in/) [multifamily record](https://lender.report/lender/lake-city-bank-in/multifamily/) | Bank | Warsaw, IN | 9 | 5 | 0 | 0 | 0 | 4 | 6 | | [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 | 8 | 0 | 1 | 1 | 0 | 6 | 4 | | [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 | 8 | 7 | 1 | 0 | 0 | 0 | 6 | | [Lument Real Estate Capital](https://lender.report/lender/lument-real-estate-capital-oh/) [multifamily record](https://lender.report/lender/lument-real-estate-capital-oh/multifamily/) | Non-bank | Columbus, OH | 7 | 0 | 1 | 2 | 2 | 2 | 6 | | [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 | 7 | 2 | 2 | 0 | 0 | 3 | 4 | | [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 | 6 | 0 | 0 | 0 | 1 | 5 | 5 | | [Citizens State Bank of New Castle, Indiana](https://lender.report/lender/citizens-state-bank-of-new-castle-indiana-in/) [multifamily record](https://lender.report/lender/citizens-state-bank-of-new-castle-indiana-in/multifamily/) | Bank | New Castle, IN | 6 | 1 | 4 | 1 | 0 | 0 | 1 | | [The North Salem State Bank](https://lender.report/lender/north-salem-state-bank-in/) [multifamily record](https://lender.report/lender/north-salem-state-bank-in/multifamily/) | Bank | North Salem, IN | 6 | 4 | 1 | 1 | 0 | 0 | 2 | | [Community First Bank of Indiana](https://lender.report/lender/community-first-bank-of-indiana-in/) [multifamily record](https://lender.report/lender/community-first-bank-of-indiana-in/multifamily/) | Bank | Kokomo, IN | 6 | 5 | 0 | 1 | 0 | 0 | 3 | | [PGIM Real Estate Agency Financing, LLC](https://lender.report/lender/pgim-real-estate-agency-financing-tx/) [multifamily record](https://lender.report/lender/pgim-real-estate-agency-financing-tx/multifamily/) | Non-bank | Dallas, TX | 5 | 0 | 0 | 0 | 2 | 3 | 3 | | [Horizon Bank](https://lender.report/lender/horizon-bank-in/) [multifamily record](https://lender.report/lender/horizon-bank-in/multifamily/) | Bank | Michigan City, IN | 5 | 0 | 2 | 0 | 2 | 1 | 4 | | [Home Bank SB](https://lender.report/lender/home-bank-sb-in/) [multifamily record](https://lender.report/lender/home-bank-sb-in/multifamily/) | Savings | Martinsville, IN | 5 | 4 | 1 | 0 | 0 | 0 | 1 | | [Jackson County Bank](https://lender.report/lender/jackson-county-bank-in/) [multifamily record](https://lender.report/lender/jackson-county-bank-in/multifamily/) | Bank | Seymour, IN | 4 | 1 | 1 | 1 | 0 | 1 | 2 | | [Regions Bank](https://lender.report/lender/regions-bank-al/) [multifamily record](https://lender.report/lender/regions-bank-al/multifamily/) | Bank | Birmingham, AL | 4 | 0 | 0 | 3 | 1 | 0 | 4 | | [Elements Financial Credit Union](https://lender.report/lender/elements-financial-credit-union-in/) [multifamily record](https://lender.report/lender/elements-financial-credit-union-in/multifamily/) | Credit union | Indianapolis, IN | 4 | 3 | 0 | 0 | 1 | 0 | 3 | | [German American Bank](https://lender.report/lender/german-american-bank-in/) [multifamily record](https://lender.report/lender/german-american-bank-in/multifamily/) | Bank | Jasper, IN | 4 | 2 | 2 | 0 | 0 | 0 | 1 | | [Dominion Financial Services, LLC](https://lender.report/lender/dominion-financial-services-md/) [multifamily record](https://lender.report/lender/dominion-financial-services-md/multifamily/) | Non-bank | Baltimore, MD | 4 | 3 | 0 | 1 | 0 | 0 | 0 | | [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 | 4 | 3 | 1 | 0 | 0 | 0 | 1 | | [Greenfield Banking Company](https://lender.report/lender/greenfield-banking-in/) [multifamily record](https://lender.report/lender/greenfield-banking-in/multifamily/) | Bank | Greenfield, IN | 3 | 2 | 1 | 0 | 0 | 0 | 0 | | [Owen County State Bank](https://lender.report/lender/owen-county-state-bank-in/) [multifamily record](https://lender.report/lender/owen-county-state-bank-in/multifamily/) | Bank | Spencer, IN | 3 | 2 | 1 | 0 | 0 | 0 | 0 | | [Citizens Bank](https://lender.report/lender/citizens-bank-in/) | Bank | Mooresville, IN | 3 | 2 | 1 | 0 | 0 | 0 | 0 | | [Velocity Commercial Capital LLC](https://lender.report/lender/velocity-commercial-capital-ca/) [multifamily record](https://lender.report/lender/velocity-commercial-capital-ca/multifamily/) | Non-bank | Westlake Village, CA | 3 | 3 | 0 | 0 | 0 | 0 | 3 | | [United Fidelity Bank, fsb](https://lender.report/lender/united-fidelity-bank-in/) | Savings | Evansville, IN | 2 | 0 | 0 | 0 | 0 | 2 | 0 | | [Associated Bank, National Association](https://lender.report/lender/associated-bank-wi/) [multifamily record](https://lender.report/lender/associated-bank-wi/multifamily/) | Bank | Green Bay, WI | 2 | 0 | 0 | 0 | 0 | 2 | 1 | | [Alliant Credit Union](https://lender.report/lender/alliant-credit-union-il/) [multifamily record](https://lender.report/lender/alliant-credit-union-il/multifamily/) | Credit union | Chicago, IL | 2 | 0 | 0 | 0 | 0 | 2 | 2 | | [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 | 2 | 1 | 0 | 0 | 1 | 0 | 0 | | [Beverly Bank & Trust Company, National Association](https://lender.report/lender/beverly-bank-and-trust-il/) [multifamily record](https://lender.report/lender/beverly-bank-and-trust-il/multifamily/) | Bank | Chicago, IL | 2 | 0 | 0 | 2 | 0 | 0 | 0 | | [Busey Bank](https://lender.report/lender/busey-bank-il/) [multifamily record](https://lender.report/lender/busey-bank-il/multifamily/) | Bank | Champaign, IL | 2 | 0 | 2 | 0 | 0 | 0 | 1 | | [Hickory Point Bank and Trust](https://lender.report/lender/hickory-point-bank-and-trust-il/) [multifamily record](https://lender.report/lender/hickory-point-bank-and-trust-il/multifamily/) | Bank | Decatur, IL | 2 | 1 | 1 | 0 | 0 | 0 | 0 | | [U.S. Bank National Association](https://lender.report/lender/u-s-bank-oh/) [multifamily record](https://lender.report/lender/u-s-bank-oh/multifamily/) | Bank | Cincinnati, OH | 2 | 1 | 1 | 0 | 0 | 0 | 0 | | [The Fountain Trust Company](https://lender.report/lender/fountain-trust-in/) [multifamily record](https://lender.report/lender/fountain-trust-in/multifamily/) | Bank | Covington, IN | 2 | 2 | 0 | 0 | 0 | 0 | 0 | | [American Heritage Lending, LLC](https://lender.report/lender/american-heritage-lending-ca/) [multifamily record](https://lender.report/lender/american-heritage-lending-ca/multifamily/) | Non-bank | Irvine, CA | 2 | 2 | 0 | 0 | 0 | 0 | 0 | | [Greenbox Loans](https://lender.report/lender/greenbox-loans-ca/) [multifamily record](https://lender.report/lender/greenbox-loans-ca/multifamily/) | Non-bank | Los Angeles, CA | 2 | 2 | 0 | 0 | 0 | 0 | 0 | | [Liberty Credit Union](https://lender.report/lender/liberty-credit-union-in/) [multifamily record](https://lender.report/lender/liberty-credit-union-in/multifamily/) | Credit union | Evansville, IN | 2 | 2 | 0 | 0 | 0 | 0 | 0 | | [Everwise Credit Union](https://lender.report/lender/everwise-credit-union-in/) [multifamily record](https://lender.report/lender/everwise-credit-union-in/multifamily/) | Credit union | South Bend, IN | 1 | 0 | 0 | 0 | 0 | 1 | 1 | | [Wells Fargo Bank, National Association](https://lender.report/lender/wells-fargo-bank-sd/) [multifamily record](https://lender.report/lender/wells-fargo-bank-sd/multifamily/) | Bank | Sioux Falls, SD | 1 | 0 | 0 | 0 | 0 | 1 | 1 | | [WesBanco Bank, Inc.](https://lender.report/lender/wesbanco-bank-wv/) [multifamily record](https://lender.report/lender/wesbanco-bank-wv/multifamily/) | Bank | Wheeling, WV | 1 | 0 | 0 | 0 | 0 | 1 | 0 | | [Northwest Bank](https://lender.report/lender/northwest-bank-pa/) [multifamily record](https://lender.report/lender/northwest-bank-pa/multifamily/) | Savings | Warren, PA | 1 | 0 | 0 | 0 | 0 | 1 | 0 | HMDA, 2025 [Check a deal in Indianapolis, IN in Loan Comps](https://lender.report/comps/?lane=multifamily&metro=26900) Sizes are the amounts this site shows, rounded to 2 significant figures. A refinance counts both rate-and-term and cash-out loans. - 42 lenders made a multifamily loan under $1M in Indianapolis, IN, 30 made one from $1M to $2.5M, and 24 from $2.5M to $5M. HMDA, 2025 - 20 lenders made a loan from $5M to $10M, and 37 made one of $10M or more. HMDA, 2025 - Merchants Bank of Indiana made the most loans of $5M or more in Indianapolis, IN, with 30. HMDA, 2025 - 56 lenders made at least one refinancing in Indianapolis, IN, and 59 made at least one purchase loan. HMDA, 2025 - 24 lenders made 5 or more loans in Indianapolis, IN, and 45 made exactly one. HMDA, 2025 - The typical loan in Indianapolis, IN was about $2.4M, with the middle half between $600K and $13M. HMDA, 2025 - Lenders reported a median rate of 7.00% on 320 loans in Indianapolis, IN, with the middle half between 6.25% and 7.50%. HMDA, 2025 - 51% of the loans were refinancings and 40% were purchases. HMDA, 2025 - Banks and savings institutions made 216 of the loans, credit unions 43, and non-banks 131. HMDA, 2025 - 37 of the 91 lenders are based in Indiana. The rest are based elsewhere, most often in Illinois, Ohio and California. HMDA, 2025 ## How this list is defined **Measure** Multifamily loans made in the Indianapolis, IN metro area, by size **Period** 2024 and 2025 **Formula** Count, by lender, of HMDA records for multifamily dwellings placed in the metro area, split into five loan sizes of the amounts as this site shows them, 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](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. 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.