BLOOMINGTON Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Bloomington averaged
6.88%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
6.81% and
one month ago for the week of 2023-02-09, the
average rate was 6.3%.
Bloomington's average rate one year ago was 4.13%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.5%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
| Bloomington 30 Year Fixed Rate | 2023-03-16 | 6.88% |
| Bloomington 30 Year Fixed Rate Refi | 2023-03-16 | 6.5% |
| Bloomington 15 Year Fixed Rate | 2023-03-16 | 5.95% |
| Bloomington 15 Year Fixed Rate Refi | 2023-03-16 | 5.84% |
| Bloomington 30 Year FHA | 2023-03-16 | 6.63% |
| Bloomington 30 Year FHA Refi | 2023-03-16 | 6.51% |
| Bloomington 30 Year USDA | 2023-03-16 | 6.09% |
| Bloomington 30 Year USDA Refi | 2023-03-16 | 6.72% |
| Bloomington 30 Year VA | 2023-03-16 | 6.37% |
| Bloomington 30 Year VA Refi | 2023-03-16 | 6.24% |
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 lender, 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 Average Closing Costs & Other Stats
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.
BLOOMINGTON's average closing costs are $2,903.
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 Mortgage 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 fourth place, with 5.3%, is Flagstar Bank, FSB, having originated $63,455,000 in loans. In fifth place, with 4.3%, is PNC Bank, having originated $52,225,000 in loans.
BLOOMINGTON Housing Market Trends (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 | $171,950 (16.9%) | $202,938 (3.7%) | 0.64 | 716 |
| 2018-02-01 | $179,950 (19.2%) | $213,189 (4.2%) | 0.65 | 774 |
| 2018-03-01 | $184,900 (12.1%) | $218,065 (2.4%) | 0.65 | 855 |
| 2018-04-01 | $189,000 (8.0%) | $221,158 (2.1%) | 0.64 | 934 |
| 2018-05-01 | $188,200 (7.6%) | $216,847 (2.0%) | 0.63 | 963 |
| 2018-06-01 | $186,000 (7.1%) | $215,032 (1.6%) | 0.62 | 975 |
| 2018-07-01 | $182,450 (5.8%) | $212,242 (1.0%) | 0.61 | 997 |
| 2018-08-01 | $179,900 (8.6%) | $209,457 (2.0%) | 0.60 | 945 |
| 2018-09-01 | $174,900 (3.5%) | $209,379 (1.2%) | 0.59 | 901 |
| 2018-10-01 | $168,000 (-1.2%) | $205,548 (-1.4%) | 0.57 | 847 |
| 2018-11-01 | $162,400 (-3.4%) | $204,031 (0.2%) | 0.55 | 790 |
| 2018-12-01 | $157,250 (-4.7%) | $193,801 (-3.9%) | 0.54 | 680 |
| 2019-01-01 | $159,900 (-7.0%) | $193,507 (-4.7%) | 0.55 | 610 |
| 2019-02-01 | $168,725 (-6.2%) | $201,285 (-5.6%) | 0.57 | 557 |
| 2019-03-01 | $169,957 (-8.1%) | $205,975 (-5.5%) | 0.56 | 599 |
| 2019-04-01 | $169,900 (-10.1%) | $204,864 (-7.4%) | 0.54 | 658 |
| 2019-05-01 | $165,750 (-11.9%) | $202,857 (-6.5%) | 0.52 | 714 |
| 2019-06-01 | $167,250 (-10.1%) | $203,448 (-5.4%) | 0.52 | 736 |
| 2019-07-01 | $169,900 (-6.9%) | $207,264 (-2.4%) | 0.53 | 749 |
| 2019-08-01 | $167,173 (-7.1%) | $206,004 (-1.7%) | 0.53 | 720 |
| 2019-09-01 | $163,082 (-6.8%) | $202,267 (-3.4%) | 0.52 | 682 |
| 2019-10-01 | $159,925 (-4.8%) | $200,366 (-2.5%) | 0.52 | 656 |
| 2019-11-01 | $158,250 (-2.6%) | $200,077 (-1.9%) | 0.52 | 560 |
| 2019-12-01 | $149,950 (-4.6%) | $197,342 (1.8%) | 0.50 | 497 |
| 2020-01-01 | $150,675 (-5.8%) | $200,228 (3.5%) | 0.50 | 456 |
| 2020-02-01 | $159,500 (-5.5%) | $199,541 (-0.9%) | 0.52 | 445 |
| 2020-03-01 | $166,938 (-1.8%) | $212,795 (3.3%) | 0.52 | 469 |
| 2020-04-01 | $174,900 (2.9%) | $218,562 (6.7%) | 0.55 | 431 |
| 2020-05-01 | $165,000 (-0.5%) | $219,132 (8.0%) | 0.50 | 402 |
| 2020-06-01 | $168,621 (0.8%) | $217,251 (6.8%) | 0.50 | 372 |
| 2020-07-01 | $170,600 (0.4%) | $225,341 (8.7%) | 0.49 | 349 |
| 2020-08-01 | $159,900 (-4.4%) | $217,269 (5.5%) | 0.46 | 335 |
| 2020-09-01 | $150,975 (-7.4%) | $206,863 (2.3%) | 0.43 | 320 |
| 2020-10-01 | $139,900 (-12.5%) | $198,948 (-0.7%) | 0.40 | 288 |
| 2020-11-01 | $142,750 (-9.8%) | $198,205 (-0.9%) | 0.42 | 273 |
| 2020-12-01 | $137,450 (-8.3%) | $191,519 (-3.0%) | 0.41 | 234 |
| 2021-01-01 | $135,000 (-10.4%) | $186,380 (-6.9%) | 0.40 | 199 |
| 2021-02-01 | $141,000 (-11.6%) | $204,275 (2.4%) | 0.41 | 170 |
| 2021-03-01 | $147,500 (-11.6%) | $219,262 (3.0%) | 0.42 | 152 |
| 2021-04-01 | $163,675 (-6.4%) | $238,165 (9.0%) | 0.44 | 149 |
| 2021-05-01 | $179,900 (9.0%) | $253,087 (15.5%) | 0.47 | 149 |
| 2021-06-01 | $177,425 (5.2%) | $257,306 (18.4%) | 0.47 | 157 |
| 2021-07-01 | $175,000 (2.6%) | $256,180 (13.7%) | 0.46 | 169 |
| 2021-08-01 | $164,825 (3.1%) | $238,062 (9.6%) | 0.44 | 186 |
| 2021-09-01 | $165,000 (9.3%) | $237,443 (14.8%) | 0.44 | 179 |
| 2021-10-01 | $149,750 (7.0%) | $208,996 (5.1%) | 0.40 | 167 |
| 2021-11-01 | $150,250 (5.3%) | $222,718 (12.4%) | 0.40 | 151 |
| 2021-12-01 | $147,450 (7.3%) | $234,114 (22.2%) | 0.40 | 130 |
| 2022-01-01 | $148,500 (10.0%) | $237,873 (27.6%) | 0.40 | 101 |
| 2022-02-01 | $152,425 (8.1%) | $239,794 (17.4%) | 0.40 | 87 |
| 2022-03-01 | $202,450 (37.3%) | $276,655 (26.2%) | 0.51 | 77 |
| 2022-04-01 | $220,000 (34.4%) | $310,561 (30.4%) | 0.52 | 89 |
| 2022-05-01 | $239,950 (33.4%) | $314,133 (24.1%) | 0.55 | 114 |
| 2022-06-01 | $247,450 (39.5%) | $308,392 (19.9%) | 0.55 | 143 |
| 2022-07-01 | $250,000 (42.9%) | $307,374 (20.0%) | 0.56 | 145 |
| 2022-08-01 | $214,800 (30.3%) | $295,325 (24.1%) | 0.49 | 149 |
| 2022-09-01 | $254,500 (54.2%) | $309,673 (30.4%) | 0.59 | 155 |
| 2022-10-01 | $280,000 (87.0%) | $321,008 (53.6%) | 0.66 | 179 |
| 2022-11-01 | $302,450 (101.3%) | $329,794 (48.1%) | 0.73 | 177 |
| 2022-12-01 | $304,900 (106.8%) | $331,855 (41.8%) | 0.75 | 163 |
| 2023-01-01 | $328,150 (121.0%) | $352,816 (48.3%) | 0.81 | 145 |
| 2023-02-01 | $354,225 (132.4%) | $367,769 (53.4%) | 0.85 | 138 |
BLOOMINGTON's median listing price for 2023-02-01 was $354,225, a difference of
$201,800
(132.4%) versus the prior year and
$26,075 versus the prior month.
BLOOMINGTON's median listing price comes in at 85% of the national average.
BLOOMINGTON's average listing price for 2023-02-01 was $367,769, a difference of $127,975 (53.4%) versus the prior year and $14,953 versus the prior month.
For the 2023-02-01 period, BLOOMINGTON had 138 MLS listings, a difference of -7 listings (-5%) versus the prior month and 51 listings (59%) versus the prior year.
BLOOMINGTON's median listing price comes in at 85% of the national average.
BLOOMINGTON's average listing price for 2023-02-01 was $367,769, a difference of $127,975 (53.4%) versus the prior year and $14,953 versus the prior month.
For the 2023-02-01 period, BLOOMINGTON had 138 MLS listings, a difference of -7 listings (-5%) versus the prior month and 51 listings (59%) 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 | 96 days | 2,695 sqft |
| 2018-02-01 | 87 days | 2,827 sqft |
| 2018-03-01 | 58 days | 2,862 sqft |
| 2018-04-01 | 59 days | 2,878 sqft |
| 2018-05-01 | 65 days | 2,871 sqft |
| 2018-06-01 | 61 days | 2,856 sqft |
| 2018-07-01 | 66 days | 2,811 sqft |
| 2018-08-01 | 68 days | 2,799 sqft |
| 2018-09-01 | 74 days | 2,781 sqft |
| 2018-10-01 | 77 days | 2,757 sqft |
| 2018-11-01 | 81 days | 2,685 sqft |
| 2018-12-01 | 89 days | 2,606 sqft |
| 2019-01-01 | 95 days | 2,555 sqft |
| 2019-02-01 | 93 days | 1,705 sqft |
| 2019-03-01 | 66 days | 1,747 sqft |
| 2019-04-01 | 52 days | 1,748 sqft |
| 2019-05-01 | 56 days | 1,767 sqft |
| 2019-06-01 | 60 days | 1,826 sqft |
| 2019-07-01 | 61 days | 1,880 sqft |
| 2019-08-01 | 66 days | 1,872 sqft |
| 2019-09-01 | 70 days | 1,853 sqft |
| 2019-10-01 | 74 days | 1,840 sqft |
| 2019-11-01 | 86 days | 1,872 sqft |
| 2019-12-01 | 90 days | 1,828 sqft |
| 2020-01-01 | 95 days | 1,827 sqft |
| 2020-02-01 | 82 days | 1,839 sqft |
| 2020-03-01 | 56 days | 1,958 sqft |
| 2020-04-01 | 65 days | 1,958 sqft |
| 2020-05-01 | 70 days | 2,021 sqft |
| 2020-06-01 | 64 days | 2,142 sqft |
| 2020-07-01 | 50 days | 2,108 sqft |
| 2020-08-01 | 49 days | 2,038 sqft |
| 2020-09-01 | 51 days | 1,922 sqft |
| 2020-10-01 | 53 days | 1,904 sqft |
| 2020-11-01 | 59 days | 1,908 sqft |
| 2020-12-01 | 66 days | 1,764 sqft |
| 2021-01-01 | 64 days | 1,768 sqft |
| 2021-02-01 | 60 days | 1,876 sqft |
| 2021-03-01 | 46 days | 1,960 sqft |
| 2021-04-01 | 40 days | 1,961 sqft |
| 2021-05-01 | 36 days | 2,111 sqft |
| 2021-06-01 | 41 days | 2,121 sqft |
| 2021-07-01 | 40 days | 2,148 sqft |
| 2021-08-01 | 39 days | 2,087 sqft |
| 2021-09-01 | 45 days | 2,105 sqft |
| 2021-10-01 | 50 days | 1,872 sqft |
| 2021-11-01 | 49 days | 1,903 sqft |
| 2021-12-01 | 48 days | 1,878 sqft |
| 2022-01-01 | 57 days | 1,780 sqft |
| 2022-02-01 | 50 days | 1,729 sqft |
| 2022-03-01 | 42 days | 2,083 sqft |
| 2022-04-01 | 31 days | 2,182 sqft |
| 2022-05-01 | 31 days | 2,170 sqft |
| 2022-06-01 | 35 days | 2,290 sqft |
| 2022-07-01 | 37 days | 2,313 sqft |
| 2022-08-01 | 39 days | 2,127 sqft |
| 2022-09-01 | 39 days | 2,226 sqft |
| 2022-10-01 | 39 days | 2,336 sqft |
| 2022-11-01 | 47 days | 2,303 sqft |
| 2022-12-01 | 54 days | 2,314 sqft |
| 2023-01-01 | 63 days | 2,327 sqft |
| 2023-02-01 | 61 days | 2,274 sqft |
BLOOMINGTON's median listing age (time on market) for 2023-02-01 was 61 days.
This
is 23%
longer
than the same period one year ago.
BLOOMINGTON's median square footage for active listings during the 2023-02-01 period was 2,274 sqft. One year prior, the average listing was 1,729 sqft.
BLOOMINGTON's median square footage for active listings during the 2023-02-01 period was 2,274 sqft. One year prior, the average listing was 1,729 sqft.
BLOOMINGTON, IL Average Rent (2022)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 60936 | Bloomington, IL | $670 | $670 | $790 | $1,100 | $1,330 |
| 61701 | Bloomington, IL | $610 | $700 | $870 | $1,220 | $1,470 |
| 61702 | Bloomington, IL | $610 | $700 | $870 | $1,220 | $1,470 |
| 61704 | Bloomington, IL | $670 | $780 | $960 | $1,350 | $1,630 |
| 61705 | Bloomington, IL | $670 | $770 | $950 | $1,340 | $1,610 |
| 61720 | Bloomington, IL | $620 | $710 | $880 | $1,240 | $1,490 |
| 61722 | Bloomington, IL | $660 | $760 | $940 | $1,320 | $1,590 |
| 61723 | Bloomington, IL | $550 | $630 | $780 | $1,100 | $1,330 |
| 61724 | Bloomington, IL | $580 | $670 | $830 | $1,170 | $1,410 |
| 61725 | Bloomington, IL | $570 | $640 | $800 | $1,100 | $1,330 |
| 61726 | Bloomington, IL | $550 | $640 | $790 | $1,110 | $1,340 |
| 61728 | Bloomington, IL | $550 | $620 | $770 | $1,100 | $1,330 |
| 61729 | Bloomington, IL | $600 | $650 | $830 | $1,100 | $1,330 |
| 61730 | Bloomington, IL | $610 | $700 | $870 | $1,220 | $1,470 |
| 61731 | Bloomington, IL | $610 | $700 | $870 | $1,220 | $1,470 |
| 61732 | Bloomington, IL | $570 | $630 | $780 | $1,100 | $1,330 |
| 61736 | Bloomington, IL | $670 | $780 | $960 | $1,350 | $1,630 |
| 61737 | Bloomington, IL | $550 | $620 | $770 | $1,100 | $1,330 |
| 61738 | Bloomington, IL | $610 | $660 | $840 | $1,100 | $1,330 |
| 61739 | Bloomington, IL | $610 | $700 | $870 | $1,220 | $1,470 |
| 61744 | Bloomington, IL | $570 | $620 | $780 | $1,100 | $1,330 |
| 61745 | Bloomington, IL | $570 | $660 | $820 | $1,150 | $1,390 |
| 61748 | Bloomington, IL | $570 | $660 | $820 | $1,150 | $1,390 |
| 61752 | Bloomington, IL | $550 | $620 | $770 | $1,100 | $1,330 |
| 61753 | Bloomington, IL | $550 | $620 | $770 | $1,100 | $1,330 |
| 61754 | Bloomington, IL | $570 | $650 | $810 | $1,140 | $1,360 |
| 61755 | Bloomington, IL | $570 | $620 | $780 | $1,100 | $1,330 |
| 61759 | Bloomington, IL | $620 | $670 | $850 | $1,100 | $1,330 |
| 61761 | Bloomington, IL | $600 | $690 | $850 | $1,200 | $1,440 |
| 61770 | Bloomington, IL | $550 | $620 | $770 | $1,100 | $1,330 |
| 61772 | Bloomington, IL | $620 | $720 | $890 | $1,250 | $1,500 |
| 61774 | Bloomington, IL | $580 | $670 | $830 | $1,170 | $1,410 |
| 61776 | Bloomington, IL | $760 | $880 | $1,090 | $1,530 | $1,850 |
| 61790 | Bloomington, IL | $610 | $700 | $870 | $1,220 | $1,470 |
| 61842 | Bloomington, IL | $700 | $770 | $930 | $1,260 | $1,450 |
| 61843 | Bloomington, IL | $700 | $700 | $830 | $1,100 | $1,330 |
| 61845 | Bloomington, IL | $680 | $690 | $820 | $1,100 | $1,330 |
| 61854 | Bloomington, IL | $790 | $800 | $940 | $1,200 | $1,330 |
2022 Average & Median Rent Data Statistics
BLOOMINGTON, IL average 1BR rent: $687, median: $670
BLOOMINGTON, IL average 2BR rent: $848, median: $830
BLOOMINGTON, IL average 3BR rent: $1,180, median: $1,150
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.