Kokomo's TrustedMortgage Team.Lending Nationwide.Since 2005

Big-Bank Strength. Built Around People.

Luminate Bank's story is anything but ordinary. Its banking roots date back to 1937, but the Luminate we know today began taking shape when longtime mortgage leaders Eric Lovins and Taryn Reuter set out to build a different kind of financial organization—one centered on relationships, transparency and doing what's right for the people it serves. In 2020, Eric, Taryn and Thomas Payne acquired a Minnesota bank and mortgage company and began building the Luminate brand, a name inspired by the Latin root for "light." Their vision was simple: make complicated financial decisions clearer and create an organization where both customers and employees could thrive.

That vision has fueled remarkable growth. What began as a six-person mortgage operation has grown into a nationwide organization of more than 700 professionals, with Luminate Bank now licensed to provide mortgage financing in all 50 states. Bank assets have grown from approximately $62 million to $500 million in five years, while annual mortgage originations have grown from $22 million to more than $4 billion. Today, Luminate combines the resources, technology and lending capabilities of a major national mortgage lender with something increasingly difficult to find in financial services: experienced local professionals who know their customers and remain personally invested in their success.

And the industry has taken notice. Luminate Bank is recognized as a Top 25 national mortgage lender and was named the #1 Large Company Top Workplace in Minnesota, Colorado and New Jersey in 2026. The bank also earned two Freddie Mac Home Possible RISE Awards for Greatest Volume and Fastest Growth, while Eric Lovins and Taryn Reuter were named 2025 Mortgage Leaders of the Year by the Minnesota Mortgage Association. Those accomplishments are impressive, but they're really evidence of something bigger: Luminate has grown without losing the people-first culture that made that growth possible.