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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
FIRST STATE MORTGAGE SERVICES, LLC 751 3.09% $2,616
Flagstar Bank, FSB 215 3.13% $2,175
QUICKEN LOANS, LLC 162 3.06% $3,987
Marine Bank 139 2.82% $1,996
CITIZENS EQUITY FIRST 119 3.34% $1,458
Heartland Bank and Trust Company 113 3.27% $1,392
PNC Bank 113 3.09% $2,260
Flanagan State Bank 91 3.15% $1,292
JPMorgan Chase Bank 82 3.05% $2,136
IAA Credit Union 60 3.25% $1,279
ILLINOIS STATE CREDIT UNION 58 3.06% $1,701
U.S. Bank 55 3.08% $2,207
Wells Fargo Bank 52 3.10% $2,061
COMPASS MORTGAGE, INC. 51 3.13% $3,083
Waterstone Mortgage Corporation 44 3.35% $3,420
GUARANTEED RATE, INC. 41 3.18% $2,776
Morton Community Bank 41 3.01% $2,152
AMERICAN PACIFIC MORTGAGE CORPORATION 37 3.05% $2,765
Bank of Pontiac 36 3.10% $1,770
Prairie State Bank and Trust 33 2.85% $1,464
FLAT BRANCH MORTGAGE, INC. 28 3.05% $2,459
INB 27 2.98% $1,668
Barrington Bank & Trust Company, N.A. 26 2.99% $2,442
CALIBER HOME LOANS, INC. 25 3.33% $2,907
Commerce Bank 18 3.34% $2,501
LOANDEPOT.COM, LLC 18 3.12% $3,520
UNITED WHOLESALE MORTGAGE, LLC 17 3.07% $3,065
Regions Bank 14 3.22% $2,484
CIBM Bank 13 3.37% $2,460
First State Bank 12 3.49% $1,463
BETTER MORTGAGE CORPORATION 12 3.05% $1,606
DRAPER AND KRAMER MORTGAGE CORP. 9 3.24% $3,920
Mr. Cooper ( Nationstar Mortgage ) 9 3.50% $3,858
AMERISAVE MORTGAGE CORPORATION 8 3.20% $4,102
MUTUAL OF OMAHA MORTGAGE, INC. 8 3.06% $3,577
HOMESIDE FINANCIAL, LLC 8 3.13% $2,958
The Huntington National Bank 7 3.10% $4,201
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 3.30% $3,034
Carrollton Bank 7 2.98% $2,178
Ally Bank 7 3.09% $2,696
PENNYMAC LOAN SERVICES, LLC 6 3.39% $4,253
UIF CORPORATION 6 3.17% $3,032
Bank of America 6 2.85% $3,020
Servion, Inc. 6 2.96% $2,159
FIRST CENTENNIAL MORTGAGE CORPORATION 6 3.08% $2,644
Goodfield State Bank 6 2.90% $1,905
FREEDOM MORTGAGE CORPORATION 6 3.60% $1,819
First State Bank 6 2.90% $1,113
CROSSCOUNTRY MORTGAGE, LLC 5 3.10% $2,766
Neighborhood Loans, Inc. 5 3.40% $2,871
Mid-Illini Credit Union 5 3.00% $2,149
AMERICAN FINANCING CORPORATION 5 3.23% $3,815
BROKER SOLUTIONS, INC. 5 3.02% $4,045
Chicago Mortgage Solutions LLC 5 2.89% $1,011
NEWREZ LLC 4 2.84% $3,241
First Financial Bank 4 3.00% $2,095
Petefish, Skiles & Co. 4 2.97% $2,443
United Community Bank 4 3.03% $1,649
BMO Harris Bank 4 3.25% $3,383
HOME POINT FINANCIAL CORPORATION 4 3.06% $2,557
INLAND BANK & TRUST 4 3.09% $2,736
COMPEER FINANCIAL, FLCA 4 4.03% $2,783
ROYAL UNITED MORTGAGE LLC 3 3.13% $7,535
Bankers' Bank 3 3.17% $1,718
Midland States Bank 3 3.25% $2,148
NAVY FEDERAL CREDIT UNION 3 4.00% $2,607
UNION HOME MORTGAGE CORP. 3 3.00% $2,879
LEADERONE FINANCIAL CORPORATION 3 3.25% $3,581
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 3.50% $2,660
Bank of Springfield 3 2.80% $2,674
AMERICAN PORTFOLIO MORTGAGE CORPORATION 3 3.04% $3,585
GENEVA FINANCIAL, LLC 3 3.21% $6,521
ENDEAVOR CAPITAL, LLC. 3 3.29% $3,438
Community Mortgage Banc Corporation 3 3.33% $3,673
The Loan Store, Inc. 3 2.88% $8,621
CHURCHILL MORTGAGE CORPORATION 2 3.56% $4,645
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 3.06% $5,025
PHH Mortgage Corporation 2 2.88% $4,734
BLUELEAF LENDING, LLC 2 2.81% $2,875
Mortgage Research Center, LLC 2 2.63% $885
Third Federal Savings and Loan Association of Cleveland 2 3.22% $148
TIAA, FSB 2 2.81% $810
Town & Country Banc Mortgage Services, Inc. 2 2.91% $1,795
PENTAGON FEDERAL CREDIT UNION 2 2.94% $2,200
The Home Loan Expert LLC 2 3.38% $3,273
Paramount Residential Mortgage Group, Inc. 2 3.19% $4,958
NUMARK CREDIT UNION 2 3.00% $2,260
First Midwest Bank 2 2.94% $2,687
North American Savings Bank, F.S.B. 2 3.63% $3,919
Fortress Bank 2 2.75% $1,674
NETWORK CAPITAL FUNDING CORPORATION 2 3.44% $1,538
First Federal Savings Bank 2 3.31% $2,151
First American Bank 2 3.00% $1,035
FINANCE OF AMERICA MORTGAGE LLC 2 3.25% $1,977
Key Mortgage Services, Inc. 2 3.00% $2,668
RUOFF MORTGAGE COMPANY, INC. 2 3.38% $2,874
I. H. MISSISSIPPI VALLEY CREDIT UNION 1 2.75% $1,868
ALLIANT CREDIT UNION 1 3.00% $3,655
AMERICAN FINANCIAL NETWORK, INC. 1 3.25% $9,715
AMERICAN HOME LENDING USA, LLC 1 2.99% $3,084
AMERICAN INTERNET MORTGAGE, INC. 1 3.00% $3,008
AmeriHome Mortgage Company, LLC 1 3.25% $3,178
ASCENTRA 1 2.88% $1,881
Associated Bank 1 2.75% $2,345
Atlantic Union Bank 1 3.63% $4,848
Baxter Credit Union 1 3.00% $2,258
BAY EQUITY LLC 1 3.38% $2,550
Carrington Mortgage Services, LLC 1 3.88% $5,071
Charles Schwab Bank, SSB 1 1.75% $3,428
CHARTER WEST BANK 1 2.88% $1,996
Chicago Financial Services, Inc. 1 4.00% $2,529
CMG MORTGAGE, INC. 1 2.75% $2,261
Colonial Savings, F.A. 1 2.75% $0
CONSUMERS COOPERATIVE CREDIT UNION 1 2.88% $3,832
Cornerstone National Bank & Trust Company 1 2.88% $0
DAS Acquisition Company, LLC 1 3.25% $2,746
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 3.38% $2,758
Discover Bank 1 6.49% $0
DuPage Credit Union 1 3.50% $3,443
EMM LOANS LLC 1 3.63% $5,662
Equity Prime Mortgage LLC 1 3.63% $898
EVANSVILLE TEACHERS 1 2.88% $2,782
Farm Credit Mid-America, ACA 1 3.25% $5,128
FirstBank 1 2.99% $3,161
FIRST COMMUNITY MORTGAGE, INC. 1 3.63% $4,211
First Guaranty Mortgage Corporation 1 3.25% $2,230
First Mid Bank & Trust 1 2.88% $1,795
GUARANTEED RATE AFFINITY, LLC 1 2.75% $1,937
Home Bank SB 1 3.25% $3,851
HSBC BANK USA, NATIONAL ASSOCIATION 1 3.13% $2,575
Alerus Financial 1 3.00% $2,722
Independent Bank 1 3.25% $2,415
Johnson Bank 1 3.25% $2,480
KELLER MORTGAGE, LLC 1 3.25% $1,343
KeyBank 1 2.88% $3,346
Longview Bank & Trust 1 2.88% $8,894
MICHIGAN MUTUAL, INC. 1 2.99% $2,804
Midwest Community Bank 1 3.25% $2,107
MORTGAGE 1 INCORPORATED 1 3.99% $2,901
MORTGAGE ACCESS CORP. 1 3.49% $2,527
MOVEMENT MORTGAGE, LLC 1 3.19% $3,484
Nations Lending Corporation 1 3.99% $9,686
Northpointe Bank 1 2.88% $3,006
Old Second National Bank 1 2.75% $2,616
Plains Commerce Bank 1 3.00% $3,406
PLAZA HOME MORTGAGE, INC. 1 2.88% $2,007
PLUS RELOCATION MORTGAGE, LLC 1 3.50% $2,026
Preston Home Loans Inc 1 4.38% $3,379
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 4.00% $2,763
PROPER RATE, LLC 1 3.00% $2,984
RBC Bank, (Georgia) 1 2.88% $991
Republic Bank & Trust Company 1 2.75% $1,925
SCOTT CREDIT UNION 1 3.25% $2,276
Security First Bank 1 3.25% $1,870
SOVEREIGN LENDING GROUP INCORPORATED 1 3.49% $5,370
SPRING EQ, LLC 1 3.13% $3,319
STANFORD Federal Credit Union 1 3.00% $8,274
STEARNS LENDING, LLC 1 2.88% $613
Stifel Bank and Trust 1 2.75% $3,020
Strong Home Mortgage, LLC 1 2.88% $387
Summit Credit Union 1 2.38% $1,677
The Central Trust Bank 1 2.88% $2,014
The First National Bank of Ottawa 1 3.25% $2,355
Triumph Bank 1 2.75% $2,003
Truist Bank 1 2.88% $2,136
UNIVERSITY OF ILLINOIS COMMUNITY 1 3.25% $1,349
USAA Federal Savings Bank 1 3.25% $5,404
U S WIDE FINANCIAL LLC 1 2.75% $1,543
V.I.P. MORTGAGE, INC. 1 2.75% $3,254

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.

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.