BLOOMINGTON Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Bloomington averaged
5.79%
for the week of 2022-06-23, compared to the national average of
5.81% for the same period.
The average rate for the prior week (2022-06-16) was
5.66% and
one month ago for the week of 2022-05-19, the
average rate was 5.43%.
Bloomington's average rate one year ago was 3.02%.
For refis of the same type during the week of 2022-06-23, the average rate
was 5.91%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-23 | 5.81% |
| Bloomington 30 Year Fixed Rate | 2022-06-23 | 5.79% |
| Bloomington 30 Year Fixed Rate Refi | 2022-06-23 | 5.91% |
| Bloomington 15 Year Fixed Rate | 2022-06-23 | 5.37% |
| Bloomington 15 Year Fixed Rate Refi | 2022-06-23 | 4.86% |
| Bloomington 30 Year FHA | 2022-06-23 | -0.02% |
| Bloomington 30 Year FHA Refi | 2022-06-23 | -0.04% |
| Bloomington 30 Year USDA | 2022-06-23 | -0.01% |
| Bloomington 30 Year USDA Refi | 2022-06-23 | 0.32% |
| Bloomington 30 Year VA | 2022-06-23 | 0.13% |
| Bloomington 30 Year VA Refi | 2022-06-23 | -0.2% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BLOOMINGTON, IL.
BLOOMINGTON Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the BLOOMINGTON, IL market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
BLOOMINGTON, IL's 169 lenders originated 6,716
loans during 2021. The total origination value was $1,204,790,000, with an average loan value of
$179,391.
The top BLOOMINGTON lender as defined by loan originations is FIRST STATE MORTGAGE SERVICES, LLC, with
751 loans originated. Their average total fees are
$2,616, which is $441
higher than the next largest lender,
Flagstar Bank, FSB.
The lowest fee BLOOMINGTON lenders (with over 10 loans originated) are
IAA Credit Union ($1,279), Flanagan State Bank ($1,292), Heartland Bank and Trust Company ($1,392), CITIZENS EQUITY FIRST ($1,458) and First State Bank ($1,463).
The lowest rate BLOOMINGTON lenders (with over 10 loans originated) are
Marine Bank (2.82%), Prairie State Bank and Trust (2.85%), INB (2.98%), Barrington Bank & Trust Company, N.A. (2.99%) and Morton Community Bank (3.01%).
BLOOMINGTON, IL Lender Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| FIRST STATE MORTGAGE SERVICES, LLC | $253,610,000 | $215,390,000 | -15.1% | 17.9% |
| Marine Bank | $98,575,000 | $77,280,000 | -21.6% | 6.4% |
| QUICKEN LOANS, LLC | $61,880,000 | $75,305,000 | 21.7% | 6.3% |
| Flagstar Bank, FSB | $5,145,000 | $63,455,000 | 1,133.3% | 5.3% |
| PNC Bank | $44,595,000 | $52,225,000 | 17.1% | 4.3% |
| CITIZENS EQUITY FIRST | $50,320,000 | $42,645,000 | -15.3% | 3.5% |
| Heartland Bank and Trust Company | $85,555,000 | $42,340,000 | -50.5% | 3.5% |
| Morton Community Bank | $35,245,000 | $27,605,000 | -21.7% | 2.3% |
| Flanagan State Bank | $55,055,000 | $27,205,000 | -50.6% | 2.3% |
| Prairie State Bank and Trust | $23,010,000 | $26,885,000 | 16.8% | 2.2% |
| JPMorgan Chase Bank | $16,605,000 | $25,520,000 | 53.7% | 2.1% |
| First State Bank | $2,850,000 | $24,735,000 | 767.9% | 2.1% |
| Wells Fargo Bank | $25,775,000 | $24,335,000 | -5.6% | 2.0% |
| INB | $44,360,000 | $20,290,000 | -54.3% | 1.7% |
| ILLINOIS STATE CREDIT UNION | $38,790,000 | $20,040,000 | -48.3% | 1.7% |
| FREEDOM MORTGAGE CORPORATION | $13,100,000 | $19,860,000 | 51.6% | 1.6% |
| First State Bank of Bloomington | $27,925,000 | $19,455,000 | -30.3% | 1.6% |
| Waterstone Mortgage Corporation | $21,505,000 | $18,935,000 | -12.0% | 1.6% |
| IAA Credit Union | $25,520,000 | $18,385,000 | -28.0% | 1.5% |
| U.S. Bank | $8,975,000 | $17,880,000 | 99.2% | 1.5% |
| Bank of Pontiac | $6,140,000 | $17,475,000 | 184.6% | 1.5% |
| COMPASS MORTGAGE, INC. | $23,620,000 | $16,450,000 | -30.4% | 1.4% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $9,565,000 | $16,290,000 | 70.3% | 1.4% |
| Security First Bank | $15,070,000 | n/a | 1.3% | |
| GUARANTEED RATE, INC. | $4,555,000 | $13,815,000 | 203.3% | 1.1% |
| FLAT BRANCH MORTGAGE, INC. | $7,715,000 | $11,245,000 | 45.8% | 0.9% |
| First Midwest Bank | $985,000 | $10,125,000 | 927.9% | 0.8% |
| Barrington Bank & Trust Company, N.A. | $21,090,000 | $9,705,000 | -54.0% | 0.8% |
| Mortgage Research Center, LLC | $7,845,000 | $9,705,000 | 23.7% | 0.8% |
| CALIBER HOME LOANS, INC. | $7,225,000 | $9,395,000 | 30.0% | 0.8% |
| BERKELEY POINT CAPITAL LLC | $8,755,000 | n/a | 0.7% | |
| Commerce Bank | $14,160,000 | $8,230,000 | -41.9% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $3,085,000 | $8,205,000 | 166.0% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $11,155,000 | $8,050,000 | -27.8% | 0.7% |
| LOANDEPOT.COM, LLC | $5,900,000 | $7,880,000 | 33.6% | 0.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $3,355,000 | $7,130,000 | 112.5% | 0.6% |
| Mid-Illini Credit Union | $8,265,000 | $5,425,000 | -34.4% | 0.5% |
| Regions Bank | $4,305,000 | $5,265,000 | 22.3% | 0.4% |
| Goodfield State Bank | $8,290,000 | $4,365,000 | -47.3% | 0.4% |
| BETTER MORTGAGE CORPORATION | $1,805,000 | $4,245,000 | 135.2% | 0.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $4,785,000 | $4,245,000 | -11.3% | 0.4% |
| Servion, Inc. | $5,850,000 | $4,145,000 | -29.1% | 0.3% |
| First State Bank of Forrest | $2,495,000 | $3,970,000 | 59.1% | 0.3% |
| NEWREZ LLC | $1,895,000 | $3,820,000 | 101.6% | 0.3% |
| NAVY FEDERAL CREDIT UNION | $2,185,000 | $3,520,000 | 61.1% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $2,645,000 | $3,225,000 | 21.9% | 0.3% |
| The Huntington National Bank | $2,465,000 | $3,095,000 | 25.6% | 0.3% |
| Carrollton Bank | $5,355,000 | $2,995,000 | -44.1% | 0.2% |
| DRAPER AND KRAMER MORTGAGE CORP. | $1,620,000 | $2,760,000 | 70.4% | 0.2% |
| CIBM Bank | $10,210,000 | $2,370,000 | -76.8% | 0.2% |
| Ally Bank | $1,065,000 | $2,340,000 | 119.7% | 0.2% |
| First Financial Bank | $3,790,000 | $2,325,000 | -38.7% | 0.2% |
| Bank of America | $710,000 | $2,315,000 | 226.1% | 0.2% |
| State Bank of Graymont | $4,350,000 | $2,240,000 | -48.5% | 0.2% |
| Town & Country Banc Mortgage Services, Inc. | $4,415,000 | $2,240,000 | -49.3% | 0.2% |
| United Community Bank | $4,605,000 | $2,230,000 | -51.6% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $890,000 | $2,200,000 | 147.2% | 0.2% |
| KeyBank | $2,170,000 | n/a | 0.2% | |
| HOME POINT FINANCIAL CORPORATION | $1,745,000 | $2,045,000 | 17.2% | 0.2% |
| USAA Federal Savings Bank | $2,130,000 | $1,965,000 | -7.7% | 0.2% |
| BROKER SOLUTIONS, INC. | $1,440,000 | $1,960,000 | 36.1% | 0.2% |
| UIF CORPORATION | $500,000 | $1,805,000 | 261.0% | 0.1% |
| AMERICAN FINANCING CORPORATION | $970,000 | $1,755,000 | 80.9% | 0.1% |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $160,000 | $1,740,000 | 987.5% | 0.1% |
| Chicago Mortgage Solutions LLC | $350,000 | $1,730,000 | 394.3% | 0.1% |
| COMPEER FINANCIAL, FLCA | $740,000 | $1,720,000 | 132.4% | 0.1% |
| NEW DAY FINANCIAL, LLC | $755,000 | $1,650,000 | 118.5% | 0.1% |
| Carrington Mortgage Services, LLC | $1,600,000 | $1,500,000 | -6.3% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,335,000 | $1,495,000 | 12.0% | 0.1% |
| The Loan Store, Inc. | $1,480,000 | n/a | 0.1% | |
| CROSSCOUNTRY MORTGAGE, LLC | $880,000 | $1,380,000 | 56.8% | 0.1% |
| First Mid Bank & Trust | $2,460,000 | $1,380,000 | -43.9% | 0.1% |
| Petefish, Skiles & Co. | $1,385,000 | $1,345,000 | -2.9% | 0.1% |
| Neighborhood Loans, Inc. | $930,000 | $1,325,000 | 42.5% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $1,465,000 | $1,250,000 | -14.7% | 0.1% |
| Bank of Springfield | $2,270,000 | $1,230,000 | -45.8% | 0.1% |
| CLEARPATH LENDING | $995,000 | $1,225,000 | 23.1% | 0.1% |
| UNION HOME MORTGAGE CORP. | $170,000 | $1,220,000 | 617.6% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $730,000 | $1,210,000 | 65.8% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $350,000 | $1,140,000 | 225.7% | 0.1% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $1,565,000 | $1,115,000 | -28.8% | 0.1% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $835,000 | $1,085,000 | 29.9% | 0.1% |
| Midland States Bank | $3,030,000 | $1,035,000 | -65.8% | 0.1% |
| First State Bank | $2,850,000 | $1,025,000 | -64.0% | 0.1% |
| VILLAGE CAPITAL & INVESTMENT LLC | $355,000 | $1,010,000 | 184.5% | 0.1% |
| V.I.P. MORTGAGE, INC. | $1,355,000 | $965,000 | -28.8% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $710,000 | $960,000 | 35.2% | 0.1% |
| Community Mortgage Banc Corporation | $200,000 | $955,000 | 377.5% | 0.1% |
| Better Banks | $1,050,000 | $940,000 | -10.5% | 0.1% |
| North American Savings Bank, F.S.B. | $255,000 | $935,000 | 266.7% | 0.1% |
| CBI Bank & Trust | $895,000 | n/a | 0.1% | |
| Nations Lending Corporation | $1,900,000 | $890,000 | -53.2% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $345,000 | $875,000 | 153.6% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $480,000 | $870,000 | 81.3% | 0.1% |
| Fortress Bank | $820,000 | $805,000 | -1.8% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $805,000 | n/a | 0.1% | |
| Amalgamated Bank | $765,000 | n/a | 0.1% | |
| InterContinental Capital Group, Inc | $950,000 | $755,000 | -20.5% | 0.1% |
| Bankers' Bank | $750,000 | n/a | 0.1% | |
| ENDEAVOR CAPITAL, LLC. | $915,000 | $725,000 | -20.8% | 0.1% |
| GENEVA FINANCIAL, LLC | $725,000 | n/a | 0.1% | |
| BMO Harris Bank | $270,000 | $720,000 | 166.7% | 0.1% |
| INLAND BANK & TRUST | $1,100,000 | $720,000 | -34.5% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $450,000 | $695,000 | 54.4% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $610,000 | $690,000 | 13.1% | 0.1% |
| TIAA, FSB | $470,000 | $680,000 | 44.7% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $185,000 | $675,000 | 264.9% | 0.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $175,000 | $665,000 | 280.0% | 0.1% |
| Home Bank SB | $625,000 | n/a | 0.1% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $715,000 | $625,000 | -12.6% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $615,000 | n/a | 0.1% | |
| BLUELEAF LENDING, LLC | $260,000 | $610,000 | 134.6% | 0.1% |
| First American Bank | $610,000 | n/a | 0.1% | |
| STEARNS LENDING, LLC | $125,000 | $585,000 | 368.0% | 0.0% |
| The Home Loan Expert LLC | $1,275,000 | $580,000 | -54.5% | 0.0% |
| AMERICAN FINANCIAL NETWORK, INC. | $310,000 | $575,000 | 85.5% | 0.0% |
| KS StateBank | $505,000 | $565,000 | 11.9% | 0.0% |
| Legends Bank | $545,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $545,000 | n/a | 0.0% | |
| Paramount Bank | $540,000 | n/a | 0.0% | |
| 21ST MORTGAGE CORPORATION | $485,000 | $505,000 | 4.1% | 0.0% |
| Low VA Rates, LLC | $615,000 | $505,000 | -17.9% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $770,000 | $490,000 | -36.4% | 0.0% |
| Citizens Bank | $475,000 | n/a | 0.0% | |
| Central Bank Illinois | $565,000 | $470,000 | -16.8% | 0.0% |
| Lakeview Community Capital, LLC | $465,000 | n/a | 0.0% | |
| SOFI LENDING CORP. | $1,210,000 | $465,000 | -61.6% | 0.0% |
| DAS Acquisition Company, LLC | $460,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $235,000 | $460,000 | 95.7% | 0.0% |
| KELLER MORTGAGE, LLC | $1,385,000 | $440,000 | -68.2% | 0.0% |
| AmeriHome Mortgage Company, LLC | $815,000 | $435,000 | -46.6% | 0.0% |
| NBKC BANK | $350,000 | $420,000 | 20.0% | 0.0% |
| First Federal Savings Bank of Champaign-Urbana | $405,000 | n/a | 0.0% | |
| PLAZA HOME MORTGAGE, INC. | $105,000 | $405,000 | 285.7% | 0.0% |
| Northpointe Bank | $390,000 | n/a | 0.0% | |
| RBC Bank, (Georgia) | $385,000 | n/a | 0.0% | |
| Summit Credit Union | $380,000 | n/a | 0.0% | |
| First Guaranty Mortgage Corporation | $330,000 | $375,000 | 13.6% | 0.0% |
| MORTGAGE ACCESS CORP. | $460,000 | $375,000 | -18.5% | 0.0% |
| Chicago Financial Services, Inc. | $1,790,000 | $370,000 | -79.3% | 0.0% |
| RESIDENTIAL BANCORP. | $365,000 | n/a | 0.0% | |
| Discover Bank | $95,000 | $355,000 | 273.7% | 0.0% |
| PROPER RATE, LLC | $350,000 | n/a | 0.0% | |
| Prospect Bank | $350,000 | n/a | 0.0% | |
| Colonial Savings, F.A. | $195,000 | $345,000 | 76.9% | 0.0% |
| DIGITAL Federal Credit Union | $340,000 | n/a | 0.0% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $225,000 | $340,000 | 51.1% | 0.0% |
| CNB Bank And Trust, N.A. | $960,000 | $330,000 | -65.6% | 0.0% |
| Charles Schwab Bank, SSB | $325,000 | n/a | 0.0% | |
| Iroquois Federal Savings and Loan Association | $415,000 | $325,000 | -21.7% | 0.0% |
| STANFORD Federal Credit Union | $325,000 | n/a | 0.0% | |
| The Fisher National Bank | $225,000 | $325,000 | 44.4% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $175,000 | $320,000 | 82.9% | 0.0% |
| ALLIANT CREDIT UNION | $300,000 | $315,000 | 5.0% | 0.0% |
| Independent Bank | $295,000 | n/a | 0.0% | |
| Key Mortgage Services, Inc. | $245,000 | $290,000 | 18.4% | 0.0% |
| Old Second National Bank | $290,000 | n/a | 0.0% | |
| DuPage Credit Union | $130,000 | $285,000 | 119.2% | 0.0% |
| GUILD MORTGAGE COMPANY | $350,000 | $285,000 | -18.6% | 0.0% |
| Republic Bank & Trust Company | $285,000 | n/a | 0.0% | |
| Tradition Capital Bank | $305,000 | $285,000 | -6.6% | 0.0% |
| HOMESTEAD FUNDING CORP. | $165,000 | $275,000 | 66.7% | 0.0% |
| CANOPY MORTGAGE, LLC | $265,000 | n/a | 0.0% | |
| First Bank | $250,000 | $265,000 | 6.0% | 0.0% |
| FirstBank | $330,000 | $265,000 | -19.7% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $265,000 | n/a | 0.0% | |
| PLANET HOME LENDING, LLC | $495,000 | $265,000 | -46.5% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $245,000 | $265,000 | 8.2% | 0.0% |
| CONSUMERS COOPERATIVE CREDIT UNION | $455,000 | $255,000 | -44.0% | 0.0% |
| NUMARK CREDIT UNION | $15,000 | $255,000 | 1,600.0% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $255,000 | n/a | 0.0% | |
| U S WIDE FINANCIAL LLC | $255,000 | n/a | 0.0% | |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $470,000 | $250,000 | -46.8% | 0.0% |
| SPRING EQ, LLC | $240,000 | n/a | 0.0% | |
| AMERICAN HOME LENDING USA, LLC | $105,000 | $235,000 | 123.8% | 0.0% |
| BEST CAPITAL FUNDING | $235,000 | n/a | 0.0% | |
| Hickory Point Bank and Trust | $1,625,000 | $235,000 | -85.5% | 0.0% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $235,000 | n/a | 0.0% | |
| PLUS RELOCATION MORTGAGE, LLC | $235,000 | n/a | 0.0% | |
| First Federal Savings Bank | $485,000 | $230,000 | -52.6% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $230,000 | n/a | 0.0% | |
| First Federal Bank | $435,000 | $225,000 | -48.3% | 0.0% |
| First Option Mortgage, LLC | $225,000 | n/a | 0.0% | |
| Plains Commerce Bank | $330,000 | $225,000 | -31.8% | 0.0% |
| Strong Home Mortgage, LLC | $235,000 | $225,000 | -4.3% | 0.0% |
| BAY EQUITY LLC | $125,000 | $220,000 | 76.0% | 0.0% |
| Citibank | $135,000 | $220,000 | 63.0% | 0.0% |
| Midwest Community Bank | $185,000 | $220,000 | 18.9% | 0.0% |
| CHERRY CREEK MORTGAGE, LLC | $915,000 | $215,000 | -76.5% | 0.0% |
| CMG MORTGAGE, INC. | $305,000 | $215,000 | -29.5% | 0.0% |
| The Federal Savings Bank | $565,000 | $215,000 | -61.9% | 0.0% |
| UNIVERSITY OF ILLINOIS COMMUNITY | $115,000 | $215,000 | 87.0% | 0.0% |
| Atlantic Union Bank | $205,000 | n/a | 0.0% | |
| Baxter Credit Union | $270,000 | $205,000 | -24.1% | 0.0% |
| Catlin Bank | $150,000 | $205,000 | 36.7% | 0.0% |
| Cornerstone National Bank & Trust Company | $205,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $340,000 | $205,000 | -39.7% | 0.0% |
| Farm Credit Mid-America, ACA | $205,000 | n/a | 0.0% | |
| FRONTIER FINANCIAL, INC. | $205,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $200,000 | n/a | 0.0% | |
| Alliant Bank | $195,000 | n/a | 0.0% | |
| Allied First Bank,sb | $195,000 | n/a | 0.0% | |
| MOVEMENT MORTGAGE, LLC | $195,000 | n/a | 0.0% | |
| ACCELERATE MORTGAGE, LLC | $185,000 | n/a | 0.0% | |
| Arvest Bank | $125,000 | $185,000 | 48.0% | 0.0% |
| Bank of England | $825,000 | $185,000 | -77.6% | 0.0% |
| Johnson Bank | $185,000 | n/a | 0.0% | |
| Longview Bank & Trust | $185,000 | n/a | 0.0% | |
| Preston Home Loans Inc | $185,000 | n/a | 0.0% | |
| DECATUR EARTHMOVER CREDIT UNION | $180,000 | n/a | 0.0% | |
| Associated Bank | $665,000 | $175,000 | -73.7% | 0.0% |
| Credence Funding Corporation | $175,000 | n/a | 0.0% | |
| HEARTLAND | $175,000 | n/a | 0.0% | |
| South State Bank | $175,000 | n/a | 0.0% | |
| Streator Onized Credit Union | $175,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $820,000 | $170,000 | -79.3% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $165,000 | n/a | 0.0% | |
| EVANSVILLE TEACHERS | $165,000 | n/a | 0.0% | |
| Triumph Bank | $165,000 | n/a | 0.0% | |
| ASCENTRA | $155,000 | n/a | 0.0% | |
| DELMAR FINANCIAL COMPANY | $155,000 | n/a | 0.0% | |
| Dieterich Bank | $230,000 | $145,000 | -37.0% | 0.0% |
| FIRST COMMUNITY MORTGAGE, INC. | $145,000 | n/a | 0.0% | |
| LENDERFI, INC. | $205,000 | $145,000 | -29.3% | 0.0% |
| The Central Trust Bank | $145,000 | n/a | 0.0% | |
| EMM LOANS LLC | $135,000 | n/a | 0.0% | |
| GUIDANCE RESIDENTIAL, LLC | $275,000 | $135,000 | -50.9% | 0.0% |
| MICHIGAN MUTUAL, INC. | $125,000 | n/a | 0.0% | |
| CHARTER WEST BANK | $115,000 | n/a | 0.0% | |
| COMMUNITY MORTGAGE, LLC | $115,000 | n/a | 0.0% | |
| Community Partners Savings Bank | $105,000 | $115,000 | 9.5% | 0.0% |
| Equity Prime Mortgage LLC | $225,000 | $115,000 | -48.9% | 0.0% |
| Hometown National Bank | $115,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $115,000 | n/a | 0.0% | |
| Truist Bank | $115,000 | n/a | 0.0% | |
| UNITED HOME LOANS, INC. | $225,000 | $115,000 | -48.9% | 0.0% |
| AMERICAN ADVISORS GROUP | $75,000 | $105,000 | 40.0% | 0.0% |
| First Financial Bank | $3,790,000 | $105,000 | -97.2% | 0.0% |
| I. H. MISSISSIPPI VALLEY CREDIT UNION | $105,000 | n/a | 0.0% | |
| The First National Bank of Ottawa | $710,000 | $105,000 | -85.2% | 0.0% |
| Alerus Financial | $95,000 | n/a | 0.0% | |
| FINANCE OF AMERICA COMMERCIAL LLC | $95,000 | n/a | 0.0% | |
| First National Bank of Omaha | $125,000 | $95,000 | -24.0% | 0.0% |
| FIRST NORTHERN Credit Union | $125,000 | $95,000 | -24.0% | 0.0% |
| Centier Bank | $45,000 | $90,000 | 100.0% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $85,000 | n/a | 0.0% | |
| MORTGAGE 1 INCORPORATED | $85,000 | n/a | 0.0% | |
| NATIONS DIRECT MORTGAGE, LLC | $85,000 | n/a | 0.0% | |
| SCOTT CREDIT UNION | $85,000 | n/a | 0.0% | |
| American Bank of Missouri | $75,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $65,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $235,000 | $65,000 | -72.3% | 0.0% |
| Signature Federal Credit Union | $65,000 | n/a | 0.0% | |
| Oxford Bank & Trust | $45,000 | n/a | 0.0% | |
| Think Mutual Bank | $295,000 | $45,000 | -84.7% | 0.0% |
| Figure Lending LLC | $95,000 | $15,000 | -84.2% | 0.0% |
BLOOMINGTON's top lender by overall market share is FIRST STATE MORTGAGE SERVICES, LLC, with 17.9% market share. In second place, with 6.4%, is Marine Bank, having originated $77,280,000 in loans. In third place, with 6.3%, is QUICKEN LOANS, LLC, having originated $75,305,000 in loans. In third place, with 5.3%, is Flagstar Bank, FSB, having originated $63,455,000 in loans. In third place, with 4.3%, is PNC Bank, having originated $52,225,000 in loans.
BLOOMINGTON, IL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 3,086 | $580,500,000 | $188,108 |
| Refi | 2,449 | $443,125,000 | $180,941 |
| Cash Out Refi | 918 | $161,900,000 | $176,362 |
| Home Improvement | 147 | $9,375,000 | $63,776 |
| Other | 116 | $9,890,000 | $85,259 |
Bloomington's most frequently cited loan purpose was Home Purchase, with 3,086 originations. The 2nd most popular reason was Refi, with 2,449 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 2,471 | $473,685,000 | $191,698 |
| 3-4% | 2,187 | $402,735,000 | $184,150 |
| <2.5% | 1,438 | $251,930,000 | $175,195 |
| 4-5% | 336 | $34,850,000 | $103,720 |
| 5-6% | 41 | $2,195,000 | $53,537 |
| 6-7% | 20 | $810,000 | $40,500 |
| Over 8% | 15 | $585,000 | $39,000 |
| 7-8% | 9 | $305,000 | $33,889 |
During 2021, Bloomington's most frequently originated rate bucket was 2.5-3%, with 2,471 originations.
Loan Sizing (BLOOMINGTON, IL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 3,324 | $481,780,000 | $144,940 |
| $200k-400k | 1,755 | $461,055,000 | $262,709 |
| $100,000 or less | 1,475 | $99,965,000 | $67,773 |
| $400k-600k | 120 | $57,100,000 | $475,833 |
| $600k-1000k | 22 | $15,760,000 | $716,364 |
| $Over $1MM | 20 | $89,130,000 | $4,456,500 |
BLOOMINGTON's loan sizing saw the bucket of loans from $100k-200k with 3,324 originations, totaling $481,780,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,786 | $520,980,000 | $186,999 |
| 60-80% | 2,477 | $492,695,000 | $198,908 |
| 40-60% | 634 | $97,820,000 | $154,290 |
| 20-40% | 275 | $22,245,000 | $80,891 |
| Under 20% | 176 | $8,290,000 | $47,102 |
| Over 100% | 31 | $7,825,000 | $252,419 |
BLOOMINGTON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,786 originations, totaling $520,980,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - BLOOMINGTON (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $159,900 (14.3%) | $197,234 (4.2%) | 0.59 | 813 |
| 2018-02-01 | $170,950 (17.6%) | $206,348 (3.3%) | 0.62 | 872 |
| 2018-03-01 | $175,000 (12.0%) | $209,531 (1.1%) | 0.61 | 960 |
| 2018-04-01 | $179,900 (12.5%) | $214,271 (1.0%) | 0.60 | 1,024 |
| 2018-05-01 | $179,900 (11.6%) | $210,022 (1.2%) | 0.60 | 1,061 |
| 2018-06-01 | $179,900 (7.5%) | $209,574 (1.3%) | 0.60 | 1,072 |
| 2018-07-01 | $176,900 (7.9%) | $206,110 (1.2%) | 0.59 | 1,101 |
| 2018-08-01 | $169,900 (6.3%) | $203,478 (2.2%) | 0.57 | 1,059 |
| 2018-09-01 | $168,900 (4.3%) | $202,864 (0.7%) | 0.56 | 1,024 |
| 2018-10-01 | $164,700 (-0.1%) | $199,368 (-2.1%) | 0.55 | 970 |
| 2018-11-01 | $157,450 (-2.2%) | $197,381 (-1.8%) | 0.53 | 911 |
| 2018-12-01 | $149,900 (-6.3%) | $186,864 (-5.4%) | 0.51 | 796 |
| 2019-01-01 | $149,900 (-6.3%) | $184,768 (-6.3%) | 0.52 | 708 |
| 2019-02-01 | $159,750 (-6.6%) | $190,513 (-7.7%) | 0.54 | 659 |
| 2019-03-01 | $155,657 (-11.1%) | $190,753 (-9.0%) | 0.51 | 714 |
| 2019-04-01 | $153,207 (-14.8%) | $189,251 (-11.7%) | 0.48 | 784 |
| 2019-05-01 | $155,000 (-13.8%) | $190,063 (-9.5%) | 0.48 | 849 |
| 2019-06-01 | $155,000 (-13.8%) | $190,512 (-9.1%) | 0.48 | 876 |
| 2019-07-01 | $159,750 (-9.7%) | $195,526 (-5.1%) | 0.50 | 881 |
| 2019-08-01 | $154,471 (-9.1%) | $193,230 (-5.0%) | 0.49 | 853 |
| 2019-09-01 | $149,900 (-11.3%) | $189,284 (-6.7%) | 0.48 | 817 |
| 2019-10-01 | $145,000 (-12.0%) | $187,295 (-6.1%) | 0.46 | 778 |
| 2019-11-01 | $144,900 (-8.0%) | $185,122 (-6.2%) | 0.47 | 690 |
| 2019-12-01 | $134,950 (-10.0%) | $181,112 (-3.1%) | 0.45 | 623 |
| 2020-01-01 | $134,900 (-10.0%) | $183,079 (-0.9%) | 0.45 | 581 |
| 2020-02-01 | $135,000 (-15.5%) | $178,720 (-6.2%) | 0.44 | 571 |
| 2020-03-01 | $145,500 (-6.5%) | $190,987 (0.1%) | 0.45 | 590 |
| 2020-04-01 | $154,000 (0.5%) | $195,217 (3.2%) | 0.48 | 556 |
| 2020-05-01 | $149,900 (-3.3%) | $198,165 (4.3%) | 0.45 | 519 |
| 2020-06-01 | $149,950 (-3.3%) | $197,793 (3.8%) | 0.44 | 472 |
| 2020-07-01 | $149,950 (-6.1%) | $203,006 (3.8%) | 0.43 | 444 |
| 2020-08-01 | $149,900 (-3.0%) | $196,963 (1.9%) | 0.43 | 428 |
| 2020-09-01 | $140,950 (-6.0%) | $189,950 (0.4%) | 0.40 | 401 |
| 2020-10-01 | $132,900 (-8.3%) | $183,685 (-1.9%) | 0.38 | 378 |
| 2020-11-01 | $130,950 (-9.6%) | $180,652 (-2.4%) | 0.37 | 364 |
| 2020-12-01 | $127,450 (-5.6%) | $175,158 (-3.3%) | 0.37 | 322 |
| 2021-01-01 | $124,900 (-7.4%) | $171,864 (-6.1%) | 0.37 | 274 |
| 2021-02-01 | $127,950 (-5.2%) | $184,045 (3.0%) | 0.37 | 236 |
| 2021-03-01 | $137,500 (-5.5%) | $200,427 (4.9%) | 0.39 | 199 |
| 2021-04-01 | $142,500 (-7.5%) | $211,443 (8.3%) | 0.38 | 193 |
| 2021-05-01 | $152,000 (1.4%) | $223,359 (12.7%) | 0.40 | 197 |
| 2021-06-01 | $161,200 (7.5%) | $230,039 (16.3%) | 0.42 | 211 |
| 2021-07-01 | $159,900 (6.6%) | $232,249 (14.4%) | 0.42 | 222 |
| 2021-08-01 | $150,000 (0.1%) | $219,354 (11.4%) | 0.39 | 234 |
| 2021-09-01 | $150,000 (6.4%) | $213,927 (12.6%) | 0.39 | 235 |
| 2021-10-01 | $134,900 (1.5%) | $193,415 (5.3%) | 0.36 | 229 |
| 2021-11-01 | $134,950 (3.1%) | $202,224 (11.9%) | 0.36 | 210 |
| 2021-12-01 | $137,000 (7.5%) | $203,557 (16.2%) | 0.37 | 185 |
| 2022-01-01 | $127,000 (1.7%) | $200,604 (16.7%) | 0.34 | 150 |
| 2022-02-01 | $126,000 (-1.5%) | $195,833 (6.4%) | 0.32 | 134 |
| 2022-03-01 | $154,500 (12.4%) | $227,443 (13.5%) | 0.38 | 122 |
| 2022-04-01 | $164,900 (15.7%) | $264,052 (24.9%) | 0.39 | 128 |
| 2022-05-01 | $192,500 (26.6%) | $272,200 (21.9%) | 0.43 | 162 |
BLOOMINGTON's median listing price for 2022-05-01 was $192,500, a difference of
$40,500
(26.6%) versus the prior year and
$27,600 versus the prior month.
BLOOMINGTON's median listing price comes in at 43% of the national average.
BLOOMINGTON's average listing price for 2022-05-01 was $272,200, a difference of $48,841 (21.9%) versus the prior year and $8,148 versus the prior month.
For the 2022-05-01 period, BLOOMINGTON had 162 MLS listings, a difference of 34 listings (27%) versus the prior month and -35 listings (-18%) versus the prior year.
BLOOMINGTON's median listing price comes in at 43% of the national average.
BLOOMINGTON's average listing price for 2022-05-01 was $272,200, a difference of $48,841 (21.9%) versus the prior year and $8,148 versus the prior month.
For the 2022-05-01 period, BLOOMINGTON had 162 MLS listings, a difference of 34 listings (27%) versus the prior month and -35 listings (-18%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - BLOOMINGTON (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 95 days | 2,550 sqft |
| 2018-02-01 | 88 days | 2,726 sqft |
| 2018-03-01 | 63 days | 2,740 sqft |
| 2018-04-01 | 61 days | 2,758 sqft |
| 2018-05-01 | 65 days | 2,764 sqft |
| 2018-06-01 | 61 days | 2,760 sqft |
| 2018-07-01 | 64 days | 2,735 sqft |
| 2018-08-01 | 67 days | 2,722 sqft |
| 2018-09-01 | 72 days | 2,718 sqft |
| 2018-10-01 | 78 days | 2,666 sqft |
| 2018-11-01 | 84 days | 2,592 sqft |
| 2018-12-01 | 94 days | 2,504 sqft |
| 2019-01-01 | 99 days | 2,212 sqft |
| 2019-02-01 | 99 days | 1,690 sqft |
| 2019-03-01 | 58 days | 1,700 sqft |
| 2019-04-01 | 57 days | 1,707 sqft |
| 2019-05-01 | 60 days | 1,729 sqft |
| 2019-06-01 | 67 days | 1,768 sqft |
| 2019-07-01 | 67 days | 1,808 sqft |
| 2019-08-01 | 73 days | 1,789 sqft |
| 2019-09-01 | 79 days | 1,769 sqft |
| 2019-10-01 | 77 days | 1,764 sqft |
| 2019-11-01 | 83 days | 1,772 sqft |
| 2019-12-01 | 86 days | 1,751 sqft |
| 2020-01-01 | 95 days | 1,745 sqft |
| 2020-02-01 | 92 days | 1,743 sqft |
| 2020-03-01 | 65 days | 1,804 sqft |
| 2020-04-01 | 75 days | 1,783 sqft |
| 2020-05-01 | 78 days | 1,820 sqft |
| 2020-06-01 | 81 days | 1,952 sqft |
| 2020-07-01 | 59 days | 1,910 sqft |
| 2020-08-01 | 56 days | 1,935 sqft |
| 2020-09-01 | 59 days | 1,819 sqft |
| 2020-10-01 | 60 days | 1,787 sqft |
| 2020-11-01 | 67 days | 1,772 sqft |
| 2020-12-01 | 73 days | 1,708 sqft |
| 2021-01-01 | 81 days | 1,716 sqft |
| 2021-02-01 | 83 days | 1,763 sqft |
| 2021-03-01 | 63 days | 1,803 sqft |
| 2021-04-01 | 49 days | 1,812 sqft |
| 2021-05-01 | 48 days | 1,861 sqft |
| 2021-06-01 | 46 days | 1,890 sqft |
| 2021-07-01 | 46 days | 1,952 sqft |
| 2021-08-01 | 48 days | 1,897 sqft |
| 2021-09-01 | 50 days | 1,874 sqft |
| 2021-10-01 | 56 days | 1,705 sqft |
| 2021-11-01 | 62 days | 1,720 sqft |
| 2021-12-01 | 61 days | 1,717 sqft |
| 2022-01-01 | 77 days | 1,608 sqft |
| 2022-02-01 | 83 days | 1,559 sqft |
| 2022-03-01 | 68 days | 1,712 sqft |
| 2022-04-01 | 49 days | 1,848 sqft |
| 2022-05-01 | 41 days | 1,966 sqft |
BLOOMINGTON's median listing age (time on market) for 2022-05-01 was 41 days.
This
is -15%
shorter
than the same period one year ago.
BLOOMINGTON's median square footage for active listings during the 2022-05-01 period was 1,966 sqft. One year prior, the average listing was 1,861 sqft.
BLOOMINGTON's median square footage for active listings during the 2022-05-01 period was 1,966 sqft. One year prior, the average listing was 1,861 sqft.
