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.).
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.
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'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.