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 6.72% for the week of 2023-09-21, compared to the national average of 7.19% for the same period.

The average rate for the prior week (2023-09-14) was 6.71% and one month ago for the week of 2023-08-17, the average rate was 6.92%.

Bloomington's average rate one year ago was 5.75%.

For refis of the same type during the week of 2023-09-21, the average rate was 6.38%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-09-21 7.19%
Bloomington 30 Year Fixed Rate 2023-09-21 6.72%
Bloomington 30 Year Fixed Rate Refi 2023-09-21 6.38%
Bloomington 15 Year Fixed Rate 2023-09-21 6.54%
Bloomington 15 Year Fixed Rate Refi 2023-09-21 6.23%
Bloomington 30 Year FHA 2023-09-21 6.93%
Bloomington 30 Year FHA Refi 2023-09-21 6.94%
Bloomington 30 Year USDA 2023-09-21 6.82%
Bloomington 30 Year USDA Refi 2023-09-21 6.82%
Bloomington 30 Year VA 2023-09-21 6.48%
Bloomington 30 Year VA Refi 2023-09-21 6.82%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BLOOMINGTON, IN.

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, IN 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
RUOFF MORTGAGE COMPANY, INC. 316 5.08% $2,565
INDIANA UNIVERSITY CREDIT UNION 210 4.66% $1,929
QUICKEN LOANS, LLC 112 4.97% $5,851
The Peoples State Bank 78 4.84% $2,188
FAIR WAY LENDING LLC 71 5.18% $4,234
JPMorgan Chase Bank 55 4.79% $3,282
AMERICAN MORTGAGE SERVICE COMPANY 52 4.90% $4,360
German American Bank 48 4.92% $3,168
Fifth Third Bank 39 4.85% $3,280
Old National Bank 39 5.14% $2,834
Baxter Credit Union 28 4.53% $2,182
GVC MORTGAGE, INC. 27 5.46% $5,195
PRIMELENDING, A PLAINSCAPITAL COMPANY 26 4.85% $4,817
CRANE 26 4.95% $1,573
CALIBER HOME LOANS, INC. 21 5.40% $5,203
MILESTONE HOME LENDING, LLC 21 4.95% $5,088
HALLMARK HOME MORTGAGE, LLC 19 5.16% $5,570
MORTGAGE MASTERS OF INDIANA, INC. 18 4.83% $3,729
Union Savings Bank 18 4.03% $1,255
First Financial Bank 17 4.83% $3,668
Wells Fargo Bank 16 4.80% $3,216
FREEDOM MORTGAGE CORPORATION 16 4.63% $4,946
Regions Bank 16 5.46% $3,905
The Huntington National Bank 15 5.01% $4,257
Farm Credit Mid-America, ACA 14 5.58% $5,803
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 13 4.78% $4,185
The Federal Savings Bank 12 4.81% $4,513
AMERISAVE MORTGAGE CORPORATION 11 4.38% $5,694
Jackson County Bank 11 4.78% $4,446
Elements Financial Federal Credit Union 11 4.30% $2,956
Northwest Bank 10 4.98% $2,647
Mr. Cooper ( Nationstar Mortgage ) 9 5.36% $6,828
PENNYMAC LOAN SERVICES, LLC 9 4.37% $6,609
U.S. Bank 9 4.57% $6,953
LOANDEPOT.COM, LLC 9 4.75% $5,424
Ally Bank 8 3.69% $5,429
BETTER MORTGAGE CORPORATION 8 4.06% $4,706
NAVY FEDERAL CREDIT UNION 8 5.61% $2,893
Carrington Mortgage Services, LLC 8 4.77% $5,615
UNITED WHOLESALE MORTGAGE, LLC 8 5.74% $7,454
PROVIDENT FUNDING ASSOCIATES, L.P. 7 4.32% $2,846
Northpointe Bank 6 4.93% $6,340
Bank of America 6 4.06% $2,745
CHURCHILL MORTGAGE CORPORATION 5 5.60% $5,864
TEACHERS CREDIT UNION 5 4.75% $2,544
Horizon Bank 5 5.48% $2,664
MJW Financial LLC 5 5.72% $4,041
BROKER SOLUTIONS, INC. 5 5.67% $7,144
EVANSVILLE TEACHERS 5 4.37% $3,168
CRESCENT MORTGAGE COMPANY 5 3.80% $2,259
EUSTIS AND AMERICAN MORTGAGE COMPANY 4 5.25% $4,312
AMERIFIRST FINANCIAL CORPORATION 4 5.19% $4,823
NEWREZ LLC 4 3.78% $5,075
INDIANA MEMBERS CREDIT UNION 4 4.97% $2,640
FORUM Credit Union 4 4.53% $2,770
PNC Bank 4 4.72% $4,798
Home Bank SB 4 5.13% $2,340
ENDEAVOR CAPITAL, LLC. 3 3.91% $5,032
UBS Bank USA 3 4.00% $5,744
First Farmers Bank and Trust Company 3 6.29% $1,598
ROYAL UNITED MORTGAGE LLC 3 5.83% $8,789
Flagstar Bank, FSB 3 6.16% $2,555
CARDINAL FINANCIAL 3 4.13% $3,220
Centra Credit Union 3 3.46% $2,712
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 3 5.21% $5,988
HOMESIDE FINANCIAL, LLC 3 3.87% $5,081
First Financial Bank 3 5.63% $3,013
Morgan Stanley Private Bank 3 4.55% $2,544
KeyBank 3 5.29% $6,254
LOANPAL, LLC 3 5.24% $6,880
USAA Federal Savings Bank 2 4.88% $6,052
AMERICAN FINANCING CORPORATION 2 4.81% $4,568
SOFI LENDING CORP. 2 3.13% $5,128
HOME POINT FINANCIAL CORPORATION 2 4.50% $2,847
CROSSCOUNTRY MORTGAGE, LLC 2 5.81% $3,702
NOVA FINANCIAL & INVESTMENT CORPORATION 2 4.63% $8,294
UNION HOME MORTGAGE CORP. 2 4.94% $2,594
City National Bank 2 4.66% $2,729
TUCKER MORTGAGE, LLC 2 4.50% $3,012
North American Savings Bank, F.S.B. 2 6.00% $411
THRIVE MORTGAGE, LLC 2 7.50% $2,936
Bank of England 2 4.38% $3,025
Mortgage Research Center, LLC 2 4.75% $2,759
The Riddell National Bank 2 6.25% $2,615
LAKEVIEW LOAN SERVICING, LLC 2 4.00% $1,984
Nations Lending Corporation 2 4.94% $2,820
AMCAP MORTGAGE, LTD. 2 6.31% $4,425
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 4.69% $4,284
DRAPER AND KRAMER MORTGAGE CORP. 2 4.50% $2,862
PLAZA HOME MORTGAGE, INC. 2 5.87% $3,103
Three Rivers Federal Credit Union 2 6.06% $3,745
GUARANTEED RATE, INC. 2 6.04% $1,948
First Savings Bank 2 4.81% $3,078
FIRST COMMUNITY MORTGAGE, INC. 2 6.50% $3,152
Wolfe Financial, Inc 1 3.75% $3,061
ALLIANT CREDIT UNION 1 3.50% $2,481
AMERICAN FINANCIAL RESOURCES, INC. 1 5.63% $3,179
AmeriHome Mortgage Company, LLC 1 4.50% $3,079
ANGEL OAK HOME LOANS LLC 1 5.13% $8,001
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 7.13% $7,247
Associated Bank 1 4.75% $2,109
BEACON CREDIT UNION 1 3.50% $1,965
BEST CAPITAL FUNDING 1 5.38% $2,561
BMO Harris Bank 1 5.50% $9,274
BNC National Bank 1 5.00% $2,249
Chicago Mortgage Solutions LLC 1 4.48% $2,764
Citibank 1 5.13% $6,203
Citizens Bank 1 5.63% $3,124
Community First Bank of Indiana 1 4.50% $2,388
DIRECT MORTGAGE LOANS, LLC 1 5.50% $4,054
EAGLE HOME MORTGAGE, LLC 1 5.75% $1,340
EVERETT FINANCIAL, INC. 1 7.00% $933
FIRST CENTENNIAL MORTGAGE CORPORATION 1 5.25% $2,821
First Federal Bank of the Midwest 1 5.50% $2,345
First Federal Savings Bank 1 4.63% $1,262
First Guaranty Mortgage Corporation 1 4.25% $2,679
First Internet Bank of Indiana 1 3.50% $2,234
FIRST STATE MORTGAGE SERVICES, LLC 1 5.50% $1,903
Flanagan State Bank 1 6.63% $5,901
Gateway First Bank 1 4.00% $3,364
GENEVA FINANCIAL, LLC 1 8.75% $13,851
Great Southern Bank 1 3.88% $2,784
Guardian Savings Bank, A Federal Savings Bank 1 3.75% $2,161
Heartland Bank and Trust Company 1 3.88% $2,500
HOMESPIRE MORTGAGE CORPORATION 1 5.13% $2,769
Independence Bank of Kentucky 1 3.75% $2,879
KELLER MORTGAGE, LLC 1 4.75% $5,907
Loan Simple, Inc. 1 6.63% $6,684
Low VA Rates, LLC 1 4.88% $5,192
Madison County Federal Credit Union 1 5.25% $2,400
Magnolia Bank 1 4.13% $2,677
MOVEMENT MORTGAGE, LLC 1 5.63% $2,585
M&T Bank 1 4.13% $4,920
MUTUAL OF OMAHA MORTGAGE, INC. 1 5.75% $8,847
NBKC BANK 1 5.00% $2,089
OMNI Community Credit Union 1 4.88% $7,118
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 5.13% $3,144
PENTAGON FEDERAL CREDIT UNION 1 5.38% $1,672
Petefish, Skiles & Co. 1 3.25% $1,691
Prosperity Home Mortgage, LLC 1 7.00% $2,265
PURDUE FEDERAL CREDIT UNION 1 5.63% $2,154
Quontic Bank 1 4.50% $9,394
Renasant Bank 1 5.25% $3,174
Sierra Pacific Mortgage Company, Inc. 1 6.38% $6,199
Simmons Bank 1 2.75% $3,668
STAR ONE CREDIT UNION 1 4.00% $1,932
Stifel Bank and Trust 1 3.75% $2,434
SWBC MORTGAGE CORPORATION 1 4.88% $2,721
The National Bank of Indianapolis 1 4.00% $2,155
The Northern Trust Company 1 2.75% $3,159
UNIVERSITY LENDING GROUP, LLC 1 4.75% $4,994
VAN DYK MORTGAGE CORPORATION 1 3.50% $3,576
Watermark Capital, Inc. 1 2.99% $3,051
WesBanco 1 5.25% $2,645
WINTERWOOD MORTGAGE GROUP, LLC 1 4.88% $6,988
1ST SIGNATURE LENDING, LLC 1 3.88% $7,294

BLOOMINGTON Average Closing Costs & Other Stats

BLOOMINGTON, IN's 156 lenders originated 3,982 loans during 2022. The total origination value was $1,098,360,000, with an average loan value of $275,831.

BLOOMINGTON's average closing costs are $3,463.

The top BLOOMINGTON lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with 316 loans originated. Their average total fees are $2,565, which is $636 higher than the next largest lender, INDIANA UNIVERSITY CREDIT UNION.

The lowest fee BLOOMINGTON lenders (with over 10 loans originated) are Union Savings Bank ($1,255), CRANE ($1,573), INDIANA UNIVERSITY CREDIT UNION ($1,929), Baxter Credit Union ($2,182) and The Peoples State Bank ($2,188).

The lowest rate BLOOMINGTON lenders (with over 10 loans originated) are Union Savings Bank (4.03%), Elements Financial Federal Credit Union (4.30%), AMERISAVE MORTGAGE CORPORATION (4.38%), Baxter Credit Union (4.53%) and FREEDOM MORTGAGE CORPORATION (4.63%).

BLOOMINGTON, IN 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
INDIANA UNIVERSITY CREDIT UNION $143,490,000 $127,705,000 -11.0% 11.6%
RUOFF MORTGAGE COMPANY, INC. $232,025,000 $115,730,000 -50.1% 10.5%
Busey Bank $78,415,000 n/a 7.1%
WALKER & DUNLOP, LLC $52,220,000 n/a 4.8%
German American Bank $80,855,000 $51,745,000 -36.0% 4.7%
QUICKEN LOANS, LLC $83,860,000 $45,325,000 -46.0% 4.1%
Old National Bank $73,470,000 $43,980,000 -40.1% 4.0%
The Peoples State Bank $76,335,000 $32,245,000 -57.8% 2.9%
First Financial Bank $4,625,000 $32,095,000 593.9% 2.9%
FAIR WAY LENDING LLC $41,435,000 $21,070,000 -49.1% 1.9%
Centier Bank $780,000 $20,545,000 2,534.0% 1.9%
AMERICAN MORTGAGE SERVICE COMPANY $37,365,000 $20,120,000 -46.2% 1.8%
Fifth Third Bank $27,750,000 $19,830,000 -28.5% 1.8%
JPMorgan Chase Bank $45,645,000 $19,555,000 -57.2% 1.8%
Merchants Bank of Indiana $26,745,000 $16,095,000 -39.8% 1.5%
Owen County State Bank $20,260,000 $15,895,000 -21.5% 1.4%
First Financial Bank $4,625,000 $12,120,000 162.1% 1.1%
GVC MORTGAGE, INC. $10,420,000 $10,805,000 3.7% 1.0%
CRANE $5,375,000 $9,915,000 84.5% 0.9%
Mortgage Research Center, LLC $15,565,000 $9,905,000 -36.4% 0.9%
CALIBER HOME LOANS, INC. $13,290,000 $9,525,000 -28.3% 0.9%
Jackson County Bank $10,460,000 $9,405,000 -10.1% 0.9%
Baxter Credit Union $10,065,000 $9,350,000 -7.1% 0.9%
HALLMARK HOME MORTGAGE, LLC $15,420,000 $9,285,000 -39.8% 0.8%
PRIMELENDING, A PLAINSCAPITAL COMPANY $14,395,000 $8,600,000 -40.3% 0.8%
The Huntington National Bank $10,250,000 $8,260,000 -19.4% 0.8%
FREEDOM MORTGAGE CORPORATION $34,655,000 $8,210,000 -76.3% 0.7%
TIAA, FSB $655,000 $8,105,000 1,137.4% 0.7%
MILESTONE HOME LENDING, LLC $3,935,000 $7,990,000 103.0% 0.7%
UNITED WHOLESALE MORTGAGE, LLC $6,790,000 $7,835,000 15.4% 0.7%
Union Savings Bank $18,610,000 $7,830,000 -57.9% 0.7%
Capital One $7,415,000 n/a 0.7%
Regions Bank $7,560,000 $7,265,000 -3.9% 0.7%
NAVY FEDERAL CREDIT UNION $11,280,000 $7,250,000 -35.7% 0.7%
MORTGAGE MASTERS OF INDIANA, INC. $18,940,000 $6,890,000 -63.6% 0.6%
Elements Financial Federal Credit Union $4,980,000 $6,735,000 35.2% 0.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $7,405,000 $6,260,000 -15.5% 0.6%
U.S. Bank $5,695,000 $6,065,000 6.5% 0.6%
The Federal Savings Bank $8,920,000 $5,955,000 -33.2% 0.5%
Farm Credit Mid-America, ACA $7,545,000 $5,185,000 -31.3% 0.5%
LOANDEPOT.COM, LLC $16,485,000 $4,940,000 -70.0% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $8,480,000 $4,895,000 -42.3% 0.4%
PENNYMAC LOAN SERVICES, LLC $8,540,000 $4,600,000 -46.1% 0.4%
Wells Fargo Bank $12,055,000 $4,325,000 -64.1% 0.4%
Horizon Bank $3,490,000 $4,280,000 22.6% 0.4%
Ally Bank $2,750,000 $4,225,000 53.6% 0.4%
First Commonwealth Bank $3,235,000 n/a 0.3%
USAA Federal Savings Bank $3,470,000 $3,135,000 -9.7% 0.3%
Farmers and Mechanics Federal Savings Bank $5,650,000 $3,085,000 -45.4% 0.3%
BETTER MORTGAGE CORPORATION $14,435,000 $3,080,000 -78.7% 0.3%
UBS Bank USA $1,105,000 $3,075,000 178.3% 0.3%
Flagstar Bank, FSB $5,180,000 $3,055,000 -41.0% 0.3%
AMERISAVE MORTGAGE CORPORATION $6,875,000 $3,000,000 -56.4% 0.3%
BROKER SOLUTIONS, INC. $4,160,000 $2,900,000 -30.3% 0.3%
PNC Bank $2,265,000 $2,865,000 26.5% 0.3%
Northpointe Bank $1,900,000 $2,560,000 34.7% 0.2%
Bank of America $3,030,000 $2,470,000 -18.5% 0.2%
Home Bank SB $7,230,000 $2,470,000 -65.8% 0.2%
MJW Financial LLC $2,450,000 $2,430,000 -0.8% 0.2%
RiverHills Bank $2,405,000 n/a 0.2%
Northwest Bank $5,465,000 $2,400,000 -56.1% 0.2%
Carrington Mortgage Services, LLC $4,455,000 $2,375,000 -46.7% 0.2%
HOME POINT FINANCIAL CORPORATION $2,360,000 $2,200,000 -6.8% 0.2%
EVANSVILLE TEACHERS $2,170,000 $2,165,000 -0.2% 0.2%
PROVIDENT FUNDING ASSOCIATES, L.P. $2,350,000 $2,125,000 -9.6% 0.2%
The National Bank of Indianapolis $455,000 $2,085,000 358.2% 0.2%
INDIANA MEMBERS CREDIT UNION $2,820,000 $2,060,000 -27.0% 0.2%
CHURCHILL MORTGAGE CORPORATION $1,010,000 $2,025,000 100.5% 0.2%
KeyBank $950,000 $1,995,000 110.0% 0.2%
FORUM Credit Union $4,750,000 $1,940,000 -59.2% 0.2%
NEWREZ LLC $9,675,000 $1,940,000 -79.9% 0.2%
LAKEVIEW LOAN SERVICING, LLC $2,040,000 $1,935,000 -5.1% 0.2%
AMCAP MORTGAGE, LTD. $1,490,000 $1,865,000 25.2% 0.2%
First National Bank $1,365,000 $1,760,000 28.9% 0.2%
PENTAGON FEDERAL CREDIT UNION $1,365,000 $1,750,000 28.2% 0.2%
Nations Lending Corporation $1,260,000 $1,645,000 30.6% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $4,425,000 $1,570,000 -64.5% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $1,265,000 $1,530,000 20.9% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $1,110,000 $1,500,000 35.1% 0.1%
HOMESIDE FINANCIAL, LLC $2,045,000 $1,495,000 -26.9% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $1,420,000 n/a 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $3,585,000 $1,415,000 -60.5% 0.1%
Citizens Bank $555,000 $1,360,000 145.0% 0.1%
21ST MORTGAGE CORPORATION $975,000 $1,270,000 30.3% 0.1%
TEACHERS CREDIT UNION $1,155,000 $1,265,000 9.5% 0.1%
BMO Harris Bank $975,000 $1,255,000 28.7% 0.1%
Flanagan State Bank $1,385,000 $1,245,000 -10.1% 0.1%
First Savings Bank $975,000 $1,230,000 26.2% 0.1%
First Federal Bank of the Midwest $935,000 $1,215,000 29.9% 0.1%
ROYAL UNITED MORTGAGE LLC $3,170,000 $1,200,000 -62.1% 0.1%
The North Salem State Bank $80,000 $1,180,000 1,375.0% 0.1%
CRESCENT MORTGAGE COMPANY $6,580,000 $1,160,000 -82.4% 0.1%
1ST SIGNATURE LENDING, LLC $865,000 $1,155,000 33.5% 0.1%
LOANPAL, LLC $380,000 $1,125,000 196.1% 0.1%
City National Bank $1,015,000 n/a 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $425,000 $1,010,000 137.6% 0.1%
ENDEAVOR CAPITAL, LLC. $535,000 $975,000 82.2% 0.1%
GENEVA FINANCIAL, LLC $965,000 n/a 0.1%
NOVA FINANCIAL & INVESTMENT CORPORATION $610,000 $955,000 56.6% 0.1%
EUSTIS AND AMERICAN MORTGAGE COMPANY $465,000 $930,000 100.0% 0.1%
UNION HOME MORTGAGE CORP. $1,380,000 $905,000 -34.4% 0.1%
NEW DAY FINANCIAL, LLC $2,295,000 $890,000 -61.2% 0.1%
PLAZA HOME MORTGAGE, INC. $370,000 $865,000 133.8% 0.1%
THRIVE MORTGAGE, LLC $855,000 n/a 0.1%
Great Southern Bank $845,000 n/a 0.1%
First Merchants Bank $20,045,000 $820,000 -95.9% 0.1%
AMERIFIRST FINANCIAL CORPORATION $1,480,000 $810,000 -45.3% 0.1%
Centra Credit Union $920,000 $785,000 -14.7% 0.1%
Loan Simple, Inc. $155,000 $760,000 390.3% 0.1%
AMERICAN INTERNET MORTGAGE, INC. $660,000 $755,000 14.4% 0.1%
POLARIS HOME FUNDING CORP. $755,000 n/a 0.1%
STAR Financial Bank $185,000 $755,000 308.1% 0.1%
Renasant Bank $750,000 n/a 0.1%
TUCKER MORTGAGE, LLC $500,000 $740,000 48.0% 0.1%
The Riddell National Bank $895,000 $730,000 -18.4% 0.1%
Morgan Stanley Private Bank $1,500,000 $705,000 -53.0% 0.1%
Wolfe Financial, Inc $175,000 $700,000 300.0% 0.1%
First Farmers Bank and Trust Company $810,000 $685,000 -15.4% 0.1%
Guardian Savings Bank, A Federal Savings Bank $640,000 $685,000 7.0% 0.1%
1st Source Bank $230,000 $680,000 195.7% 0.1%
SWBC MORTGAGE CORPORATION $135,000 $675,000 400.0% 0.1%
WINTERWOOD MORTGAGE GROUP, LLC $675,000 n/a 0.1%
AMERICAN FINANCING CORPORATION $265,000 $665,000 150.9% 0.1%
Independence Bank of Kentucky $665,000 n/a 0.1%
KELLER MORTGAGE, LLC $805,000 $665,000 -17.4% 0.1%
Three Rivers Federal Credit Union $145,000 $665,000 358.6% 0.1%
MID AMERICA MORTGAGE, INC. $915,000 $650,000 -29.0% 0.1%
RELIANCE FIRST CAPITAL, LLC $515,000 $650,000 26.2% 0.1%
Bank of England $1,450,000 $640,000 -55.9% 0.1%
GUARANTEED RATE, INC. $2,065,000 $615,000 -70.2% 0.1%
Stifel Bank and Trust $1,080,000 $610,000 -43.5% 0.1%
Discover Bank $170,000 $600,000 252.9% 0.1%
EVERETT FINANCIAL, INC. $285,000 $595,000 108.8% 0.1%
First Guaranty Mortgage Corporation $785,000 $575,000 -26.8% 0.1%
Citizens Bank $555,000 $555,000 0.0% 0.1%
LIMA ONE CAPITAL, LLC $545,000 $490,000 -10.1% 0.0%
SOFI LENDING CORP. $1,650,000 $490,000 -70.3% 0.0%
SPRING EQ, LLC $325,000 $470,000 44.6% 0.0%
The Northern Trust Company $465,000 n/a 0.0%
North American Savings Bank, F.S.B. $935,000 $450,000 -51.9% 0.0%
TOP FLITE FINANCIAL, INC. $270,000 $450,000 66.7% 0.0%
BNC National Bank $720,000 $435,000 -39.6% 0.0%
MUTUAL OF OMAHA MORTGAGE, INC. $1,520,000 $430,000 -71.7% 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $835,000 $425,000 -49.1% 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $425,000 n/a 0.0%
MOVEMENT MORTGAGE, LLC $255,000 $420,000 64.7% 0.0%
Citibank $340,000 $405,000 19.1% 0.0%
NBKC BANK $1,815,000 $405,000 -77.7% 0.0%
Figure Lending LLC $345,000 $390,000 13.0% 0.0%
FLAT BRANCH MORTGAGE, INC. $385,000 n/a 0.0%
Simmons Bank $385,000 n/a 0.0%
AMERICAN HERITAGE LENDING, INC. $380,000 n/a 0.0%
FINANCE OF AMERICA MORTGAGE LLC $1,605,000 $380,000 -76.3% 0.0%
PURDUE FEDERAL CREDIT UNION $615,000 $380,000 -38.2% 0.0%
LNB COMMUNITY BANK $375,000 n/a 0.0%
ANGEL OAK HOME LOANS LLC $365,000 n/a 0.0%
BLUELEAF LENDING, LLC $1,060,000 $365,000 -65.6% 0.0%
Firstrust Savings Bank $355,000 n/a 0.0%
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $355,000 n/a 0.0%
City Bank $345,000 n/a 0.0%
Sierra Pacific Mortgage Company, Inc. $85,000 $345,000 305.9% 0.0%
Third Federal Savings and Loan Association of Cleveland $1,965,000 $335,000 -83.0% 0.0%
BEACON CREDIT UNION $315,000 n/a 0.0%
OMNI Community Credit Union $175,000 $315,000 80.0% 0.0%
Quontic Bank $520,000 $315,000 -39.4% 0.0%
S1L, Inc. $315,000 n/a 0.0%
JLB CORPORATION $925,000 $310,000 -66.5% 0.0%
VILLAGE CAPITAL MORTGAGE $610,000 $310,000 -49.2% 0.0%
Chicago Mortgage Solutions LLC $305,000 n/a 0.0%
FIRST STATE MORTGAGE SERVICES, LLC $305,000 n/a 0.0%
Magnolia Bank $560,000 $305,000 -45.5% 0.0%
PREMIA MORTGAGE, LLC $305,000 n/a 0.0%
Blue Ridge Bank $300,000 n/a 0.0%
AMERICAN ADVISORS GROUP $350,000 $295,000 -15.7% 0.0%
ARC HOME LLC $1,670,000 $295,000 -82.3% 0.0%
Gateway First Bank $225,000 $295,000 31.1% 0.0%
Notre Dame Federal Credit Union Corporation $55,000 $295,000 436.4% 0.0%
LEGEND LENDING CORPORATION $285,000 n/a 0.0%
AmeriHome Mortgage Company, LLC $790,000 $280,000 -64.6% 0.0%
CHERRY CREEK MORTGAGE, LLC $725,000 $280,000 -61.4% 0.0%
FIRST COMMUNITY MORTGAGE, INC. $155,000 $280,000 80.6% 0.0%
PHH Mortgage Corporation $695,000 $280,000 -59.7% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $615,000 $280,000 -54.5% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $270,000 n/a 0.0%
OCEANSIDE MORTGAGE COMPANY $845,000 $260,000 -69.2% 0.0%
Terre Haute Savings Bank $975,000 $260,000 -73.3% 0.0%
EAGLE HOME MORTGAGE, LLC $255,000 n/a 0.0%
ALLIANT CREDIT UNION $245,000 n/a 0.0%
HOMESPIRE MORTGAGE CORPORATION $245,000 n/a 0.0%
STAR ONE CREDIT UNION $245,000 n/a 0.0%
State Department Federal Credit Union $245,000 n/a 0.0%
Stock Yards Bank & Trust Company $245,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $65,000 $245,000 276.9% 0.0%
UNIVERSITY LENDING GROUP, LLC $245,000 $245,000 0.0% 0.0%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $145,000 $225,000 55.2% 0.0%
Lake City Bank $225,000 n/a 0.0%
Low VA Rates, LLC $1,280,000 $225,000 -82.4% 0.0%
ZILLOW HOME LOANS, LLC $1,015,000 $215,000 -78.8% 0.0%
PLANET HOME LENDING, LLC $965,000 $210,000 -78.2% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $740,000 $205,000 -72.3% 0.0%
Fidelity Bank $195,000 n/a 0.0%
Lakeside Bank $195,000 n/a 0.0%
BEST CAPITAL FUNDING $185,000 n/a 0.0%
DIRECT MORTGAGE LOANS, LLC $185,000 n/a 0.0%
Prosperity Home Mortgage, LLC $430,000 $185,000 -57.0% 0.0%
Watermark Capital, Inc. $240,000 $185,000 -22.9% 0.0%
FIRST CENTENNIAL MORTGAGE CORPORATION $320,000 $175,000 -45.3% 0.0%
PACIFIC RESIDENTIAL MORTGAGE, LLC $105,000 $165,000 57.1% 0.0%
PARK COMMUNITY CREDIT UNION, INC. $165,000 n/a 0.0%
WesBanco Bank, Inc. $165,000 n/a 0.0%
Chartwell Financial, LLC $90,000 $160,000 77.8% 0.0%
CITIZENS EQUITY FIRST $155,000 n/a 0.0%
STOCKTON MORTGAGE CORPORATION $155,000 n/a 0.0%
Colten Mortgage, LLC $155,000 $145,000 -6.5% 0.0%
Community First Bank of Indiana $415,000 $145,000 -65.1% 0.0%
First Internet Bank of Indiana $265,000 $145,000 -45.3% 0.0%
Petefish, Skiles & Co. $145,000 n/a 0.0%
Associated Bank $745,000 $135,000 -81.9% 0.0%
Catlin Bank $135,000 n/a 0.0%
Equity Prime Mortgage LLC $135,000 n/a 0.0%
Heartland Bank and Trust Company $135,000 n/a 0.0%
VAN DYK MORTGAGE CORPORATION $135,000 n/a 0.0%
Civista Bank $85,000 $125,000 47.1% 0.0%
First Federal Savings Bank $145,000 $125,000 -13.8% 0.0%
Madison County Federal Credit Union $125,000 n/a 0.0%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $125,000 n/a 0.0%
SOUTHWEST STAGE FUNDING, LLC $125,000 n/a 0.0%
M&T Bank $115,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $105,000 n/a 0.0%
TOGETHER CREDIT UNION $75,000 n/a 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $165,000 $65,000 -60.6% 0.0%
Bethpage Federal Credit Union $55,000 n/a 0.0%
GREENSTATE CREDIT UNION $45,000 n/a 0.0%
Planters Bank, Inc. $45,000 n/a 0.0%
STAR USA FEDERAL CREDIT UNION $45,000 n/a 0.0%
FINANCIAL CENTER FIRST CREDIT UNION $480,000 $35,000 -92.7% 0.0%
THRIVENT Federal Credit Union $25,000 n/a 0.0%

BLOOMINGTON's top lender by overall market share is INDIANA UNIVERSITY CREDIT UNION, with 11.6% market share. In second place, with 10.5%, is RUOFF MORTGAGE COMPANY, INC., having originated $115,730,000 in loans. In third place, with 7.1%, is Busey Bank, having originated $78,415,000 in loans. In fourth place, with 4.8%, is WALKER & DUNLOP, LLC, having originated $52,220,000 in loans. In fifth place, with 4.7%, is German American Bank, having originated $51,745,000 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 $239,168 (11.1%) $310,126 (2.2%) 0.89 595
2018-02-01 $254,950 (23.8%) $318,348 (4.7%) 0.93 620
2018-03-01 $265,000 (17.9%) $325,850 (4.2%) 0.93 672
2018-04-01 $266,725 (2.6%) $324,947 (-7.5%) 0.90 781
2018-05-01 $268,225 (7.3%) $331,483 (-3.2%) 0.90 792
2018-06-01 $266,350 (10.4%) $332,862 (2.2%) 0.89 775
2018-07-01 $267,475 (19.1%) $336,712 (11.0%) 0.89 732
2018-08-01 $257,700 (14.6%) $327,499 (4.5%) 0.86 702
2018-09-01 $255,000 (11.2%) $328,311 (1.3%) 0.86 686
2018-10-01 $262,400 (11.7%) $332,706 (1.4%) 0.89 704
2018-11-01 $259,900 (13.1%) $327,518 (1.4%) 0.88 655
2018-12-01 $259,900 (13.1%) $329,729 (8.6%) 0.90 582
2019-01-01 $259,675 (8.6%) $341,550 (10.1%) 0.90 558
2019-02-01 $261,000 (2.4%) $330,850 (3.9%) 0.88 599
2019-03-01 $286,229 (8.0%) $354,941 (8.9%) 0.94 535
2019-04-01 $308,500 (15.7%) $386,455 (18.9%) 0.98 430
2019-05-01 $299,800 (11.8%) $377,331 (13.8%) 0.94 453
2019-06-01 $300,000 (12.6%) $372,759 (12.0%) 0.94 453
2019-07-01 $289,925 (8.4%) $363,036 (7.8%) 0.91 483
2019-08-01 $284,255 (10.3%) $359,158 (9.7%) 0.90 486
2019-09-01 $275,786 (8.2%) $352,646 (7.4%) 0.88 490
2019-10-01 $273,041 (4.1%) $353,782 (6.3%) 0.88 473
2019-11-01 $277,000 (6.6%) $366,484 (11.9%) 0.91 401
2019-12-01 $291,000 (12.0%) $383,855 (16.4%) 0.97 338
2020-01-01 $295,950 (14.0%) $389,472 (14.0%) 0.99 308
2020-02-01 $309,000 (18.4%) $392,178 (18.5%) 1.01 322
2020-03-01 $330,000 (15.3%) $411,374 (15.9%) 1.03 341
2020-04-01 $324,975 (5.3%) $396,452 (2.6%) 1.02 367
2020-05-01 $344,000 (14.7%) $405,108 (7.4%) 1.05 351
2020-06-01 $339,350 (13.1%) $407,644 (9.4%) 1.00 342
2020-07-01 $359,700 (24.1%) $422,895 (16.5%) 1.04 332
2020-08-01 $359,700 (26.5%) $420,606 (17.1%) 1.03 318
2020-09-01 $357,300 (29.6%) $409,844 (16.2%) 1.02 319
2020-10-01 $320,000 (17.2%) $391,814 (10.8%) 0.92 316
2020-11-01 $304,950 (10.1%) $393,800 (7.5%) 0.89 294
2020-12-01 $299,950 (3.1%) $392,612 (2.3%) 0.89 236
2021-01-01 $340,000 (14.9%) $420,459 (8.0%) 1.01 193
2021-02-01 $367,000 (18.8%) $453,243 (15.6%) 1.07 157
2021-03-01 $362,000 (9.7%) $445,688 (8.3%) 1.03 159
2021-04-01 $345,250 (6.2%) $427,176 (7.8%) 0.93 168
2021-05-01 $339,700 (-1.3%) $440,408 (8.7%) 0.90 158
2021-06-01 $312,500 (-7.9%) $424,563 (4.2%) 0.82 210
2021-07-01 $309,000 (-14.1%) $409,355 (-3.2%) 0.82 254
2021-08-01 $307,975 (-14.4%) $413,600 (-1.7%) 0.82 270
2021-09-01 $316,000 (-11.6%) $413,265 (0.8%) 0.84 253
2021-10-01 $335,000 (4.7%) $424,000 (8.2%) 0.89 269
2021-11-01 $334,900 (9.8%) $431,701 (9.6%) 0.90 236
2021-12-01 $344,950 (15.0%) $447,330 (13.9%) 0.94 214
2022-01-01 $352,450 (3.7%) $463,108 (10.1%) 0.95 186
2022-02-01 $352,400 (-4.0%) $476,896 (5.2%) 0.92 170
2022-03-01 $362,450 (0.1%) $478,585 (7.4%) 0.91 183
2022-04-01 $365,000 (5.7%) $481,704 (12.8%) 0.87 195
2022-05-01 $352,000 (3.6%) $466,817 (6.0%) 0.80 233
2022-06-01 $354,175 (13.3%) $452,596 (6.6%) 0.79 291
2022-07-01 $339,450 (9.9%) $429,546 (4.9%) 0.76 342
2022-08-01 $349,950 (13.6%) $434,338 (5.0%) 0.81 347
2022-09-01 $357,450 (13.1%) $436,886 (5.7%) 0.84 360
2022-10-01 $334,500 (-0.2%) $418,987 (-1.2%) 0.79 389
2022-11-01 $319,950 (-4.5%) $388,607 (-10.0%) 0.77 369
2022-12-01 $315,000 (-8.7%) $382,617 (-14.5%) 0.78 288
2023-01-01 $319,900 (-9.2%) $385,712 (-16.7%) 0.79 230
2023-02-01 $332,950 (-5.5%) $400,809 (-16.0%) 0.80 226
2023-03-01 $344,700 (-4.9%) $406,799 (-15.0%) 0.81 231
2023-04-01 $369,900 (1.3%) $433,778 (-10.0%) 0.86 237
2023-05-01 $391,200 (11.1%) $459,773 (-1.5%) 0.89 286
2023-06-01 $391,975 (10.7%) $466,628 (3.1%) 0.88 302
2023-07-01 $399,000 (17.5%) $477,342 (11.1%) 0.91 298
2023-08-01 $392,450 (12.1%) $475,571 (9.5%) 0.90 301
BLOOMINGTON's median listing price for 2023-08-01 was $392,450, a difference of $42,500 (12.1%) versus the prior year and $-6,550 versus the prior month.

BLOOMINGTON's median listing price comes in at 90% of the national average.

BLOOMINGTON's average listing price for 2023-08-01 was $475,571, a difference of $41,233 (9.5%) versus the prior year and $-1,771 versus the prior month.

For the 2023-08-01 period, BLOOMINGTON had 301 MLS listings, a difference of 3 listings (1%) versus the prior month and -46 listings (-13%) 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 75 days 1,958 sqft
2018-02-01 70 days 2,021 sqft
2018-03-01 55 days 2,104 sqft
2018-04-01 47 days 2,088 sqft
2018-05-01 49 days 2,073 sqft
2018-06-01 50 days 2,113 sqft
2018-07-01 52 days 2,138 sqft
2018-08-01 57 days 2,078 sqft
2018-09-01 65 days 2,034 sqft
2018-10-01 65 days 2,045 sqft
2018-11-01 70 days 2,041 sqft
2018-12-01 78 days 2,032 sqft
2019-01-01 84 days 2,016 sqft
2019-02-01 68 days 2,016 sqft
2019-03-01 57 days 2,105 sqft
2019-04-01 51 days 2,210 sqft
2019-05-01 47 days 2,121 sqft
2019-06-01 51 days 2,106 sqft
2019-07-01 56 days 2,095 sqft
2019-08-01 58 days 2,097 sqft
2019-09-01 55 days 2,052 sqft
2019-10-01 55 days 2,023 sqft
2019-11-01 64 days 1,954 sqft
2019-12-01 83 days 1,970 sqft
2020-01-01 94 days 1,893 sqft
2020-02-01 43 days 1,917 sqft
2020-03-01 48 days 2,064 sqft
2020-04-01 54 days 2,025 sqft
2020-05-01 66 days 2,187 sqft
2020-06-01 62 days 2,170 sqft
2020-07-01 59 days 2,190 sqft
2020-08-01 66 days 2,235 sqft
2020-09-01 63 days 2,181 sqft
2020-10-01 54 days 2,061 sqft
2020-11-01 61 days 2,005 sqft
2020-12-01 71 days 1,909 sqft
2021-01-01 73 days 2,010 sqft
2021-02-01 66 days 2,028 sqft
2021-03-01 51 days 1,956 sqft
2021-04-01 38 days 1,909 sqft
2021-05-01 37 days 1,886 sqft
2021-06-01 29 days 1,844 sqft
2021-07-01 33 days 1,880 sqft
2021-08-01 39 days 1,830 sqft
2021-09-01 38 days 1,886 sqft
2021-10-01 45 days 1,918 sqft
2021-11-01 55 days 1,873 sqft
2021-12-01 60 days 1,890 sqft
2022-01-01 63 days 1,901 sqft
2022-02-01 46 days 1,932 sqft
2022-03-01 38 days 1,922 sqft
2022-04-01 34 days 1,940 sqft
2022-05-01 31 days 1,829 sqft
2022-06-01 32 days 1,888 sqft
2022-07-01 36 days 1,840 sqft
2022-08-01 44 days 1,879 sqft
2022-09-01 47 days 1,951 sqft
2022-10-01 50 days 1,924 sqft
2022-11-01 60 days 1,837 sqft
2022-12-01 74 days 1,798 sqft
2023-01-01 80 days 1,787 sqft
2023-02-01 43 days 1,799 sqft
2023-03-01 42 days 1,833 sqft
2023-04-01 40 days 1,902 sqft
2023-05-01 38 days 1,947 sqft
2023-06-01 44 days 2,014 sqft
2023-07-01 51 days 2,097 sqft
2023-08-01 54 days 2,075 sqft
BLOOMINGTON's median listing age (time on market) for 2023-08-01 was 54 days. This is 24% longer than the same period one year ago.

BLOOMINGTON's median square footage for active listings during the 2023-08-01 period was 2,075 sqft. One year prior, the average listing was 1,879 sqft.

BLOOMINGTON, IN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,063 $658,975,000 $319,426
Cash Out Refi 868 $156,460,000 $180,253
Refi 477 $214,955,000 $450,639
Home Improvement 337 $34,215,000 $101,528
Other 237 $33,755,000 $142,426

Bloomington's most frequently cited loan purpose was Home Purchase, with 2,063 originations. The 2nd most popular reason was Cash Out Refi, with 868 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 986 $288,590,000 $292,688
3-4% 938 $265,900,000 $283,475
4-5% 855 $260,565,000 $304,754
6-7% 428 $111,530,000 $260,584
<2.5% 258 $41,140,000 $159,457
2.5-3% 182 $70,850,000 $389,286
7-8% 132 $21,870,000 $165,682
Over 8% 66 $5,580,000 $84,545

During 2022, Bloomington's most frequently originated rate bucket was 5-6%, with 986 originations.

Loan Sizing (BLOOMINGTON, IN MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 1,428 $393,790,000 $275,763
$100k-200k 1,284 $188,220,000 $146,589
$100,000 or less 860 $49,040,000 $57,023
$400k-600k 284 $135,500,000 $477,113
$600k-1000k 86 $63,110,000 $733,837
$Over $1MM 40 $268,700,000 $6,717,500

BLOOMINGTON's loan sizing saw the bucket of loans from $200k-400k with 1,428 originations, totaling $393,790,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,232 $371,120,000 $301,234
60-80% 1,117 $466,355,000 $417,507
20-40% 484 $53,180,000 $109,876
40-60% 474 $117,430,000 $247,743
Under 20% 414 $25,510,000 $61,618
Over 100% 27 $8,295,000 $307,222

BLOOMINGTON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,232 originations, totaling $371,120,000 in origination value.