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
7.21%
for the week of 2023-11-22, compared to the national average of
7.29% for the same period.
The average rate for the prior week (2023-11-16) was
7.46% and
one month ago for the week of 2023-10-19, the
average rate was 7.45%.
Bloomington's average rate one year ago was 6.63%.
For refis of the same type during the week of 2023-11-22, the average rate
was 6.14%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-11-22 | 7.29% |
| Bloomington 30 Year Fixed Rate | 2023-11-22 | 7.21% |
| Bloomington 30 Year Fixed Rate Refi | 2023-11-22 | 6.14% |
| Bloomington 15 Year Fixed Rate | 2023-11-22 | 6.31% |
| Bloomington 15 Year Fixed Rate Refi | 2023-11-22 | 5.14% |
| Bloomington 30 Year FHA | 2023-11-22 | -0.45% |
| Bloomington 30 Year FHA Refi | 2023-11-22 | 0.1% |
| Bloomington 30 Year USDA | 2023-11-22 | 0% |
| Bloomington 30 Year USDA Refi | 2023-11-22 | 0% |
| Bloomington 30 Year VA | 2023-11-22 | -0.42% |
| Bloomington 30 Year VA Refi | 2023-11-22 | -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 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 148 lenders originated 4,003
loans during 2022. The total origination value was $760,865,000, with an average loan value of
$190,074.
BLOOMINGTON's average closing costs are $3,042.
The top BLOOMINGTON lender as defined by loan originations is FIRST STATE MORTGAGE SERVICES, LLC, with
480 loans originated. Their average total fees are
$3,177, which is $625
higher than the next largest lender,
Flagstar Bank, FSB.
The lowest fee BLOOMINGTON lenders (with over 10 loans originated) are
IAA Credit Union ($1,304), CITIZENS EQUITY FIRST ($1,681), Bank of Pontiac ($1,991), Prairie State Bank and Trust ($2,001) and ILLINOIS STATE CREDIT UNION ($2,023).
The lowest rate BLOOMINGTON lenders (with over 10 loans originated) are
Prairie State Bank and Trust (4.26%), Morton Community Bank (4.35%), First State Bank (4.51%), Wells Fargo Bank (4.67%) and CITIZENS EQUITY FIRST (4.73%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| FIRST STATE MORTGAGE SERVICES, LLC | $215,390,000 | $132,590,000 | -38.4% | 17.4% |
| Busey Bank | $62,445,000 | n/a | 8.2% | |
| CITIZENS EQUITY FIRST | $42,645,000 | $44,420,000 | 4.2% | 5.8% |
| Flagstar Bank, FSB | $63,455,000 | $43,860,000 | -30.9% | 5.8% |
| QUICKEN LOANS, LLC | $75,305,000 | $29,990,000 | -60.2% | 3.9% |
| Morton Community Bank | $27,605,000 | $27,235,000 | -1.3% | 3.6% |
| PNC Bank | $52,225,000 | $26,010,000 | -50.2% | 3.4% |
| First State Bank | $1,025,000 | $24,425,000 | 2,282.9% | 3.2% |
| Heartland Bank and Trust Company | $42,340,000 | $18,310,000 | -56.8% | 2.4% |
| INB | $20,290,000 | $16,800,000 | -17.2% | 2.2% |
| Marine Bank | $77,280,000 | $15,505,000 | -79.9% | 2.0% |
| Prairie State Bank and Trust | $26,885,000 | $15,380,000 | -42.8% | 2.0% |
| JPMorgan Chase Bank | $25,520,000 | $14,650,000 | -42.6% | 1.9% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $16,290,000 | $14,050,000 | -13.8% | 1.8% |
| ILLINOIS STATE CREDIT UNION | $20,040,000 | $13,685,000 | -31.7% | 1.8% |
| Bank of Pontiac | $17,475,000 | $12,960,000 | -25.8% | 1.7% |
| U.S. Bank | $17,880,000 | $12,870,000 | -28.0% | 1.7% |
| Wells Fargo Bank | $24,335,000 | $12,775,000 | -47.5% | 1.7% |
| First State Bank of Bloomington | $19,455,000 | $11,550,000 | -40.6% | 1.5% |
| Flanagan State Bank | $27,205,000 | $10,775,000 | -60.4% | 1.4% |
| COMPASS MORTGAGE, INC. | $16,450,000 | $10,570,000 | -35.7% | 1.4% |
| FLAT BRANCH MORTGAGE, INC. | $11,245,000 | $10,330,000 | -8.1% | 1.4% |
| Waterstone Mortgage Corporation | $18,935,000 | $10,065,000 | -46.8% | 1.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $7,130,000 | $10,030,000 | 40.7% | 1.3% |
| GUARANTEED RATE, INC. | $13,815,000 | $7,435,000 | -46.2% | 1.0% |
| IAA Credit Union | $18,385,000 | $6,620,000 | -64.0% | 0.9% |
| Mortgage Research Center, LLC | $9,705,000 | $5,620,000 | -42.1% | 0.7% |
| LOANDEPOT.COM, LLC | $7,880,000 | $5,440,000 | -31.0% | 0.7% |
| Commerce Bank | $8,230,000 | $5,135,000 | -37.6% | 0.7% |
| Barrington Bank & Trust Company, N.A. | $9,705,000 | $4,535,000 | -53.3% | 0.6% |
| M&T Realty Capital Corporation | $3,775,000 | n/a | 0.5% | |
| CALIBER HOME LOANS, INC. | $9,395,000 | $3,750,000 | -60.1% | 0.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $4,245,000 | $3,640,000 | -14.3% | 0.5% |
| FREEDOM MORTGAGE CORPORATION | $19,860,000 | $3,525,000 | -82.3% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $3,225,000 | $2,930,000 | -9.1% | 0.4% |
| First State Bank of Forrest | $3,970,000 | $2,910,000 | -26.7% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $8,050,000 | $2,780,000 | -65.5% | 0.4% |
| PENNYMAC LOAN SERVICES, LLC | $8,205,000 | $2,770,000 | -66.2% | 0.4% |
| Carrollton Bank | $2,995,000 | $2,580,000 | -13.9% | 0.3% |
| USAA Federal Savings Bank | $1,965,000 | $2,500,000 | 27.2% | 0.3% |
| Ottawa Savings Bank | $2,395,000 | n/a | 0.3% | |
| The Fisher National Bank | $325,000 | $2,190,000 | 573.8% | 0.3% |
| Regions Bank | $5,265,000 | $2,110,000 | -59.9% | 0.3% |
| Goodfield State Bank | $4,365,000 | $1,825,000 | -58.2% | 0.2% |
| HOME POINT FINANCIAL CORPORATION | $2,045,000 | $1,800,000 | -12.0% | 0.2% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $875,000 | $1,480,000 | 69.1% | 0.2% |
| CIBM Bank | $2,370,000 | $1,465,000 | -38.2% | 0.2% |
| NBKC BANK | $420,000 | $1,440,000 | 242.9% | 0.2% |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $1,740,000 | $1,420,000 | -18.4% | 0.2% |
| United Community Bank | $2,230,000 | $1,390,000 | -37.7% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,380,000 | $1,370,000 | -0.7% | 0.2% |
| Bank of America | $2,315,000 | $1,340,000 | -42.1% | 0.2% |
| State Bank of Graymont | $2,240,000 | $1,280,000 | -42.9% | 0.2% |
| DIGITAL Federal Credit Union | $340,000 | $1,260,000 | 270.6% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $2,200,000 | $1,220,000 | -44.5% | 0.2% |
| Town and Country Bank | $1,210,000 | n/a | 0.2% | |
| First Mid Bank & Trust | $1,380,000 | $1,170,000 | -15.2% | 0.2% |
| Northpointe Bank | $390,000 | $1,075,000 | 175.6% | 0.1% |
| NAVY FEDERAL CREDIT UNION | $3,520,000 | $1,050,000 | -70.2% | 0.1% |
| EVERETT FINANCIAL, INC. | $1,045,000 | n/a | 0.1% | |
| Mid-Illini Credit Union | $5,425,000 | $1,040,000 | -80.8% | 0.1% |
| Servion, Inc. | $4,145,000 | $1,040,000 | -74.9% | 0.1% |
| Iroquois Federal Savings and Loan Association | $325,000 | $1,030,000 | 216.9% | 0.1% |
| DRAPER AND KRAMER MORTGAGE CORP. | $2,760,000 | $1,025,000 | -62.9% | 0.1% |
| NEWREZ LLC | $3,820,000 | $1,025,000 | -73.2% | 0.1% |
| Old Second National Bank | $290,000 | $980,000 | 237.9% | 0.1% |
| Petefish, Skiles & Co. | $1,345,000 | $965,000 | -28.3% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,495,000 | $960,000 | -35.8% | 0.1% |
| CORPORATE AMERICA FAMILY | $880,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $690,000 | $865,000 | 25.4% | 0.1% |
| KeyBank | $2,170,000 | $835,000 | -61.5% | 0.1% |
| RBC Bank, (Georgia) | $385,000 | $805,000 | 109.1% | 0.1% |
| Fifth Third Bank | $795,000 | n/a | 0.1% | |
| KELLER MORTGAGE, LLC | $440,000 | $795,000 | 80.7% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $780,000 | n/a | 0.1% | |
| Nations Lending Corporation | $890,000 | $780,000 | -12.4% | 0.1% |
| 21ST MORTGAGE CORPORATION | $505,000 | $775,000 | 53.5% | 0.1% |
| Central Bank Illinois | $470,000 | $765,000 | 62.8% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $960,000 | $755,000 | -21.4% | 0.1% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,085,000 | $750,000 | -30.9% | 0.1% |
| Bank of Springfield | $1,230,000 | $735,000 | -40.2% | 0.1% |
| AmeriHome Mortgage Company, LLC | $435,000 | $730,000 | 67.8% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $1,140,000 | $730,000 | -36.0% | 0.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $665,000 | $670,000 | 0.8% | 0.1% |
| The Huntington National Bank | $3,095,000 | $670,000 | -78.4% | 0.1% |
| Town & Country Banc Mortgage Services, Inc. | $2,240,000 | $665,000 | -70.3% | 0.1% |
| BETTER MORTGAGE CORPORATION | $4,245,000 | $660,000 | -84.5% | 0.1% |
| Discover Bank | $355,000 | $660,000 | 85.9% | 0.1% |
| UNITED | $660,000 | n/a | 0.1% | |
| First State Bank | $1,025,000 | $655,000 | -36.1% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,210,000 | $650,000 | -46.3% | 0.1% |
| First Federal Savings Bank of Champaign-Urbana | $405,000 | $645,000 | 59.3% | 0.1% |
| Bank of England | $185,000 | $615,000 | 232.4% | 0.1% |
| COMPEER FINANCIAL, FLCA | $1,720,000 | $610,000 | -64.5% | 0.1% |
| GUIDANCE RESIDENTIAL, LLC | $135,000 | $585,000 | 333.3% | 0.1% |
| Equity Prime Mortgage LLC | $115,000 | $580,000 | 404.3% | 0.1% |
| The Loan Store, Inc. | $1,480,000 | $570,000 | -61.5% | 0.1% |
| Midland States Bank | $1,035,000 | $555,000 | -46.4% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $870,000 | $545,000 | -37.4% | 0.1% |
| Vibrant Credit Union | $530,000 | n/a | 0.1% | |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $1,115,000 | $525,000 | -52.9% | 0.1% |
| Bankers' Bank | $750,000 | $515,000 | -31.3% | 0.1% |
| Silicon Valley Bank | $515,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $240,000 | $505,000 | 110.4% | 0.1% |
| CNB Bank And Trust, N.A. | $330,000 | $500,000 | 51.5% | 0.1% |
| The Home Loan Expert LLC | $580,000 | $500,000 | -13.8% | 0.1% |
| Allied First Bank,sb | $195,000 | $490,000 | 151.3% | 0.1% |
| BMO Harris Bank | $720,000 | $490,000 | -31.9% | 0.1% |
| St Charles Bank & Trust | $490,000 | n/a | 0.1% | |
| Better Banks | $940,000 | $470,000 | -50.0% | 0.1% |
| Farmers-Merchants Bank of Illinois | $465,000 | n/a | 0.1% | |
| AMERICAN HOME LENDING USA, LLC | $235,000 | $455,000 | 93.6% | 0.1% |
| AMERICAN FINANCING CORPORATION | $1,755,000 | $445,000 | -74.6% | 0.1% |
| Midwest BankCentre | $445,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $440,000 | n/a | 0.1% | |
| First Financial Bank | $105,000 | $420,000 | 300.0% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $695,000 | $415,000 | -40.3% | 0.1% |
| DAS Acquisition Company, LLC | $460,000 | $405,000 | -12.0% | 0.1% |
| WRIGHT-PATT CREDIT UNION, INC. | $405,000 | n/a | 0.1% | |
| CMG MORTGAGE, INC. | $215,000 | $395,000 | 83.7% | 0.1% |
| UNION HOME MORTGAGE CORP. | $1,220,000 | $390,000 | -68.0% | 0.1% |
| Network Funding, L.P. | $375,000 | n/a | 0.0% | |
| UNIVERSITY OF ILLINOIS COMMUNITY | $215,000 | $370,000 | 72.1% | 0.0% |
| GUILD MORTGAGE COMPANY | $285,000 | $365,000 | 28.1% | 0.0% |
| Lakeview Community Capital, LLC | $465,000 | $360,000 | -22.6% | 0.0% |
| First Guaranty Mortgage Corporation | $375,000 | $350,000 | -6.7% | 0.0% |
| GENISYS | $345,000 | n/a | 0.0% | |
| LENDSURE MORTGAGE CORP. | $345,000 | n/a | 0.0% | |
| NP, Inc. | $345,000 | n/a | 0.0% | |
| PREMIA MORTGAGE, LLC | $345,000 | n/a | 0.0% | |
| The Central Trust Bank | $145,000 | $345,000 | 137.9% | 0.0% |
| ZILLOW HOME LOANS, LLC | $345,000 | n/a | 0.0% | |
| ENDEAVOR CAPITAL, LLC. | $725,000 | $335,000 | -53.8% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $675,000 | $335,000 | -50.4% | 0.0% |
| LAKEVIEW LOAN SERVICING, LLC | $1,250,000 | $330,000 | -73.6% | 0.0% |
| GREAT LAKES | $325,000 | n/a | 0.0% | |
| Hometown Lenders, Inc. | $325,000 | n/a | 0.0% | |
| INLAND BANK & TRUST | $720,000 | $325,000 | -54.9% | 0.0% |
| MORTGAGE ACCESS CORP. | $375,000 | $325,000 | -13.3% | 0.0% |
| Boeing Employees Credit Union | $320,000 | n/a | 0.0% | |
| Ipava State Bank | $320,000 | n/a | 0.0% | |
| NORTHROP GRUMMAN Federal Credit Union | $315,000 | n/a | 0.0% | |
| The Fountain Trust Company | $315,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $315,000 | n/a | 0.0% | |
| Neighborhood Loans, Inc. | $1,325,000 | $305,000 | -77.0% | 0.0% |
| PROPER RATE, LLC | $350,000 | $305,000 | -12.9% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $305,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $295,000 | n/a | 0.0% | |
| Bell Bank | $295,000 | n/a | 0.0% | |
| Goldwater Bank, N.A. | $295,000 | n/a | 0.0% | |
| EMM LOANS LLC | $135,000 | $290,000 | 114.8% | 0.0% |
| NEW DAY FINANCIAL, LLC | $1,650,000 | $290,000 | -82.4% | 0.0% |
| CPM Federal Credit Union | $285,000 | n/a | 0.0% | |
| Citizens Bank | $475,000 | $280,000 | -41.1% | 0.0% |
| RESIDENTIAL BANCORP. | $365,000 | $275,000 | -24.7% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $230,000 | $275,000 | 19.6% | 0.0% |
| Signature Federal Credit Union | $65,000 | $275,000 | 323.1% | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | $85,000 | $270,000 | 217.6% | 0.0% |
| Lake Forest Bank & Trust | $265,000 | n/a | 0.0% | |
| The Peoples State Bank of Newton, Illinois | $265,000 | n/a | 0.0% | |
| Ally Bank | $2,340,000 | $260,000 | -88.9% | 0.0% |
| The Park National Bank | $255,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $255,000 | n/a | 0.0% | |
| First American Bank | $610,000 | $250,000 | -59.0% | 0.0% |
| The Federal Savings Bank | $215,000 | $245,000 | 14.0% | 0.0% |
| CBI Bank & Trust | $895,000 | $230,000 | -74.3% | 0.0% |
| Illinois State Police Federal Credit Union | $230,000 | n/a | 0.0% | |
| CIVIC FINANCIAL SERVICES, LLC | $225,000 | n/a | 0.0% | |
| INLANTA MORTGAGE, INC. | $225,000 | n/a | 0.0% | |
| Key Mortgage Services, Inc. | $290,000 | $225,000 | -22.4% | 0.0% |
| U S WIDE FINANCIAL LLC | $255,000 | $225,000 | -11.8% | 0.0% |
| ALLIANT CREDIT UNION | $315,000 | $220,000 | -30.2% | 0.0% |
| Carrington Mortgage Services, LLC | $1,500,000 | $220,000 | -85.3% | 0.0% |
| ASHLAND Credit Union | $215,000 | n/a | 0.0% | |
| Atlantic Union Bank | $205,000 | $215,000 | 4.9% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $215,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $65,000 | $215,000 | 230.8% | 0.0% |
| Hickory Point Bank and Trust | $235,000 | $210,000 | -10.6% | 0.0% |
| Bank & Trust Company | $205,000 | n/a | 0.0% | |
| Sauk Valley Bank & Trust Company | $205,000 | n/a | 0.0% | |
| Summit Credit Union | $380,000 | $205,000 | -46.1% | 0.0% |
| Hometown Equity Mortgage, LLC | $200,000 | n/a | 0.0% | |
| Grundy Bank | $195,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $170,000 | $195,000 | 14.7% | 0.0% |
| Axos Bank | $185,000 | n/a | 0.0% | |
| UIF CORPORATION | $1,805,000 | $185,000 | -89.8% | 0.0% |
| VILLAGE CAPITAL MORTGAGE | $1,010,000 | $180,000 | -82.2% | 0.0% |
| ATHAS CAPITAL GROUP, INC. | $175,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $145,000 | $175,000 | 20.7% | 0.0% |
| Fortress Bank | $805,000 | $175,000 | -78.3% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $175,000 | n/a | 0.0% | |
| RANLIFE, INC. | $175,000 | n/a | 0.0% | |
| AMERICAN ADVISORS GROUP | $105,000 | $170,000 | 61.9% | 0.0% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $625,000 | $170,000 | -72.8% | 0.0% |
| VERIDIAN CREDIT UNION | $170,000 | n/a | 0.0% | |
| BROKER SOLUTIONS, INC. | $1,960,000 | $165,000 | -91.6% | 0.0% |
| Ameris Bank | $155,000 | n/a | 0.0% | |
| First Savings Bank | $155,000 | n/a | 0.0% | |
| Peoples Bank | $155,000 | n/a | 0.0% | |
| TIDEWATER MORTGAGE SERVICES, INC. | $155,000 | n/a | 0.0% | |
| Arvest Bank | $185,000 | $145,000 | -21.6% | 0.0% |
| First Western Trust Bank | $145,000 | n/a | 0.0% | |
| THOMPSON KANE & COMPANY, LLC | $145,000 | n/a | 0.0% | |
| Strong Home Mortgage, LLC | $225,000 | $135,000 | -40.0% | 0.0% |
| Warren-Boynton State Bank | $135,000 | n/a | 0.0% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $125,000 | n/a | 0.0% | |
| SOFI LENDING CORP. | $465,000 | $125,000 | -73.1% | 0.0% |
| VAN DYK MORTGAGE CORPORATION | $125,000 | n/a | 0.0% | |
| Citibank | $220,000 | $120,000 | -45.5% | 0.0% |
| Figure Lending LLC | $15,000 | $120,000 | 700.0% | 0.0% |
| Commerce Home Mortgage, Inc. | $115,000 | n/a | 0.0% | |
| UNITED HOME LOANS, INC. | $115,000 | $115,000 | 0.0% | 0.0% |
| MidFirst Bank | $105,000 | n/a | 0.0% | |
| Quontic Bank | $105,000 | n/a | 0.0% | |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $250,000 | $95,000 | -62.0% | 0.0% |
| THRIVENT Federal Credit Union | $95,000 | n/a | 0.0% | |
| Streator Onized Credit Union | $175,000 | $90,000 | -48.6% | 0.0% |
| ANGEL OAK HOME LOANS LLC | $85,000 | n/a | 0.0% | |
| First Bank | $265,000 | $85,000 | -67.9% | 0.0% |
| MICHIGAN MUTUAL, INC. | $125,000 | $85,000 | -32.0% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $320,000 | $75,000 | -76.6% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $405,000 | $65,000 | -84.0% | 0.0% |
| EMBRACE HOME LOANS, INC. | $55,000 | n/a | 0.0% | |
| HOMESTEAD FUNDING CORP. | $275,000 | $55,000 | -80.0% | 0.0% |
| LENDINGHOME FUNDING CORPORATION | $55,000 | n/a | 0.0% | |
| ALLIANT | $45,000 | n/a | 0.0% | |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $45,000 | n/a | 0.0% | |
| NUMARK CREDIT UNION | $255,000 | $45,000 | -82.4% | 0.0% |
| State Department Federal Credit Union | $45,000 | n/a | 0.0% | |
| AGRICULTURE Federal Credit Union | $35,000 | n/a | 0.0% | |
| GREENSTATE CREDIT UNION | $35,000 | n/a | 0.0% | |
| Old National Bank | $35,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $25,000 | n/a | 0.0% | |
| STAR USA FEDERAL CREDIT UNION | $25,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $200,000 | $25,000 | -87.5% | 0.0% |
BLOOMINGTON's top lender by overall market share is FIRST STATE MORTGAGE SERVICES, LLC, with 17.4% market share. In second place, with 8.2%, is Busey Bank, having originated $62,445,000 in loans. In third place, with 5.8%, is CITIZENS EQUITY FIRST, having originated $44,420,000 in loans. In fourth place, with 5.8%, is Flagstar Bank, FSB, having originated $43,860,000 in loans. In fifth place, with 3.9%, is QUICKEN LOANS, LLC, having originated $29,990,000 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%) | $221,125 (2.1%) | 0.64 | 934 |
| 2018-05-01 | $188,050 (7.5%) | $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 | $163,700 (-9.0%) | $197,698 (-7.3%) | 0.55 | 554 |
| 2019-03-01 | $169,900 (-8.1%) | $205,622 (-5.7%) | 0.56 | 599 |
| 2019-04-01 | $169,900 (-10.1%) | $204,820 (-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 (-2.6%) | $199,541 (0.9%) | 0.52 | 445 |
| 2020-03-01 | $166,938 (-1.7%) | $212,795 (3.5%) | 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%) | 0.48 | 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%) | $237,430 (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%) | $233,956 (22.2%) | 0.40 | 130 |
| 2022-01-01 | $148,500 (10.0%) | $237,873 (27.6%) | 0.40 | 101 |
| 2022-02-01 | $152,450 (8.1%) | $239,153 (17.1%) | 0.40 | 87 |
| 2022-03-01 | $197,450 (33.9%) | $275,689 (25.7%) | 0.49 | 78 |
| 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 | $211,075 (28.1%) | $294,031 (23.5%) | 0.49 | 149 |
| 2022-09-01 | $254,500 (54.2%) | $309,673 (30.4%) | 0.60 | 155 |
| 2022-10-01 | $280,000 (87.0%) | $321,008 (53.6%) | 0.66 | 179 |
| 2022-11-01 | $301,825 (100.9%) | $329,794 (48.1%) | 0.73 | 177 |
| 2022-12-01 | $304,900 (106.8%) | $331,855 (41.9%) | 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 (53.8%) | 0.86 | 138 |
| 2023-03-01 | $337,450 (70.9%) | $348,626 (26.5%) | 0.80 | 142 |
| 2023-04-01 | $339,900 (54.5%) | $351,329 (13.1%) | 0.79 | 172 |
| 2023-05-01 | $325,000 (35.4%) | $351,689 (12.0%) | 0.74 | 186 |
| 2023-06-01 | $331,225 (33.9%) | $350,158 (13.5%) | 0.74 | 186 |
| 2023-07-01 | $329,900 (32.0%) | $366,500 (19.2%) | 0.75 | 198 |
| 2023-08-01 | $347,400 (64.6%) | $373,280 (27.0%) | 0.80 | 208 |
| 2023-09-01 | $334,750 (31.5%) | $392,663 (26.8%) | 0.78 | 207 |
| 2023-10-01 | $311,225 (11.2%) | $372,583 (16.1%) | 0.73 | 218 |
BLOOMINGTON's median listing price for 2023-10-01 was $311,225, a difference of
$31,225
(11.2%) versus the prior year and
$-23,525 versus the prior month.
BLOOMINGTON's median listing price comes in at 73% of the national average.
BLOOMINGTON's average listing price for 2023-10-01 was $372,583, a difference of $51,575 (16.1%) versus the prior year and $-20,080 versus the prior month.
For the 2023-10-01 period, BLOOMINGTON had 218 MLS listings, a difference of 11 listings (5%) versus the prior month and 39 listings (22%) versus the prior year.
BLOOMINGTON's median listing price comes in at 73% of the national average.
BLOOMINGTON's average listing price for 2023-10-01 was $372,583, a difference of $51,575 (16.1%) versus the prior year and $-20,080 versus the prior month.
For the 2023-10-01 period, BLOOMINGTON had 218 MLS listings, a difference of 11 listings (5%) versus the prior month and 39 listings (22%) 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 | 93 days | 2,695 sqft |
| 2018-02-01 | 82 days | 2,827 sqft |
| 2018-03-01 | 53 days | 2,862 sqft |
| 2018-04-01 | 56 days | 2,878 sqft |
| 2018-05-01 | 59 days | 2,871 sqft |
| 2018-06-01 | 58 days | 2,856 sqft |
| 2018-07-01 | 62 days | 2,811 sqft |
| 2018-08-01 | 66 days | 2,799 sqft |
| 2018-09-01 | 71 days | 2,781 sqft |
| 2018-10-01 | 72 days | 2,757 sqft |
| 2018-11-01 | 77 days | 2,685 sqft |
| 2018-12-01 | 86 days | 2,606 sqft |
| 2019-01-01 | 92 days | 2,555 sqft |
| 2019-02-01 | 85 days | 1,681 sqft |
| 2019-03-01 | 62 days | 1,747 sqft |
| 2019-04-01 | 50 days | 1,748 sqft |
| 2019-05-01 | 53 days | 1,767 sqft |
| 2019-06-01 | 58 days | 1,826 sqft |
| 2019-07-01 | 58 days | 1,880 sqft |
| 2019-08-01 | 61 days | 1,872 sqft |
| 2019-09-01 | 66 days | 1,853 sqft |
| 2019-10-01 | 71 days | 1,840 sqft |
| 2019-11-01 | 80 days | 1,872 sqft |
| 2019-12-01 | 87 days | 1,828 sqft |
| 2020-01-01 | 89 days | 1,827 sqft |
| 2020-02-01 | 76 days | 1,839 sqft |
| 2020-03-01 | 52 days | 1,958 sqft |
| 2020-04-01 | 59 days | 1,958 sqft |
| 2020-05-01 | 65 days | 2,021 sqft |
| 2020-06-01 | 59 days | 2,142 sqft |
| 2020-07-01 | 46 days | 2,108 sqft |
| 2020-08-01 | 45 days | 2,038 sqft |
| 2020-09-01 | 49 days | 1,922 sqft |
| 2020-10-01 | 50 days | 1,904 sqft |
| 2020-11-01 | 57 days | 1,908 sqft |
| 2020-12-01 | 63 days | 1,764 sqft |
| 2021-01-01 | 60 days | 1,768 sqft |
| 2021-02-01 | 57 days | 1,876 sqft |
| 2021-03-01 | 46 days | 1,960 sqft |
| 2021-04-01 | 33 days | 1,961 sqft |
| 2021-05-01 | 33 days | 2,111 sqft |
| 2021-06-01 | 41 days | 2,121 sqft |
| 2021-07-01 | 39 days | 2,148 sqft |
| 2021-08-01 | 38 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 | 1,881 sqft |
| 2022-01-01 | 57 days | 1,780 sqft |
| 2022-02-01 | 50 days | 1,735 sqft |
| 2022-03-01 | 42 days | 2,093 sqft |
| 2022-04-01 | 31 days | 2,182 sqft |
| 2022-05-01 | 31 days | 2,170 sqft |
| 2022-06-01 | 35 days | 2,296 sqft |
| 2022-07-01 | 37 days | 2,313 sqft |
| 2022-08-01 | 39 days | 2,128 sqft |
| 2022-09-01 | 38 days | 2,226 sqft |
| 2022-10-01 | 38 days | 2,328 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 |
| 2023-03-01 | 49 days | 2,186 sqft |
| 2023-04-01 | 42 days | 2,208 sqft |
| 2023-05-01 | 42 days | 2,211 sqft |
| 2023-06-01 | 52 days | 2,247 sqft |
| 2023-07-01 | 48 days | 2,408 sqft |
| 2023-08-01 | 49 days | 2,505 sqft |
| 2023-09-01 | 50 days | 2,568 sqft |
| 2023-10-01 | 51 days | 2,506 sqft |
BLOOMINGTON's median listing age (time on market) for 2023-10-01 was 51 days.
This
is 34%
longer
than the same period one year ago.
BLOOMINGTON's median square footage for active listings during the 2023-10-01 period was 2,506 sqft. One year prior, the average listing was 2,328 sqft.
BLOOMINGTON's median square footage for active listings during the 2023-10-01 period was 2,506 sqft. One year prior, the average listing was 2,328 sqft.
BLOOMINGTON, IL Average Rent (2023)
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 | 2,592 | $527,620,000 | $203,557 |
| Refi | 550 | $128,630,000 | $233,873 |
| Cash Out Refi | 428 | $72,500,000 | $169,393 |
| Other | 219 | $17,365,000 | $79,292 |
| Home Improvement | 214 | $14,750,000 | $68,925 |
Bloomington's most frequently cited loan purpose was Home Purchase, with 2,592 originations. The 2nd most popular reason was Refi, with 550 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 1,166 | $223,810,000 | $191,947 |
| 4-5% | 875 | $173,765,000 | $198,589 |
| 3-4% | 816 | $177,510,000 | $217,537 |
| 6-7% | 516 | $77,140,000 | $149,496 |
| 2.5-3% | 229 | $53,335,000 | $232,904 |
| <2.5% | 126 | $14,660,000 | $116,349 |
| 7-8% | 99 | $12,385,000 | $125,101 |
| Over 8% | 59 | $2,835,000 | $48,051 |
During 2022, Bloomington's most frequently originated rate bucket was 5-6%, with 1,166 originations.
Loan Sizing (BLOOMINGTON, IL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,666 | $243,490,000 | $146,152 |
| $100,000 or less | 1,092 | $63,300,000 | $57,967 |
| $200k-400k | 1,065 | $291,625,000 | $273,826 |
| $400k-600k | 119 | $53,805,000 | $452,143 |
| $600k-1000k | 36 | $25,290,000 | $702,500 |
| $Over $1MM | 25 | $83,355,000 | $3,334,200 |
BLOOMINGTON's loan sizing saw the bucket of loans from $100k-200k with 1,666 originations, totaling $243,490,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,822 | $370,700,000 | $203,458 |
| 60-80% | 1,130 | $248,670,000 | $220,062 |
| Under 20% | 308 | $11,670,000 | $37,890 |
| 40-60% | 307 | $73,305,000 | $238,779 |
| 20-40% | 288 | $22,530,000 | $78,229 |
| Over 100% | 24 | $6,890,000 | $287,083 |
BLOOMINGTON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,822 originations, totaling $370,700,000 in origination value.