CHAMPAIGN - URBANA Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Champaign - Urbana averaged
5.79%
for the week of 2022-06-30, compared to the national average of
5.7% for the same period.
The average rate for the prior week (2022-06-23) was
5.8% and
one month ago for the week of 2022-05-26, the
average rate was 5.39%.
Champaign - Urbana's average rate one year ago was 3.17%.
For refis of the same type during the week of 2022-06-30, the average rate
was 5.71%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
| Champaign - Urbana 30 Year Fixed Rate | 2022-06-30 | 5.79% |
| Champaign - Urbana 30 Year Fixed Rate Refi | 2022-06-30 | 5.71% |
| Champaign - Urbana 15 Year Fixed Rate | 2022-06-30 | 4.92% |
| Champaign - Urbana 15 Year Fixed Rate Refi | 2022-06-30 | 4.68% |
| Champaign - Urbana 30 Year FHA | 2022-06-30 | 5.57% |
| Champaign - Urbana 30 Year FHA Refi | 2022-06-30 | 5.6% |
| Champaign - Urbana 30 Year USDA | 2022-06-30 | 5.78% |
| Champaign - Urbana 30 Year USDA Refi | 2022-06-30 | 5.21% |
| Champaign - Urbana 30 Year VA | 2022-06-30 | 5.72% |
| Champaign - Urbana 30 Year VA Refi | 2022-06-30 | 5.15% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within CHAMPAIGN-URBANA, IL.
CHAMPAIGN - URBANA Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the CHAMPAIGN-URBANA, 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.).
CHAMPAIGN-URBANA, IL's 157 lenders originated 6,300
loans during 2021. The total origination value was $1,357,550,000, with an average loan value of
$215,484.
The top CHAMPAIGN - URBANA lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with
300 loans originated. Their average total fees are
$2,428, which is $794
higher than the next largest lender,
Hickory Point Bank and Trust.
The lowest fee CHAMPAIGN - URBANA lenders (with over 10 loans originated) are
First State Bank ($1,321), CITIZENS EQUITY FIRST ($1,344), JPMorgan Chase Bank ($1,361), Prairie State Bank and Trust ($1,432) and Heartland Bank and Trust Company ($1,492).
The lowest rate CHAMPAIGN - URBANA lenders (with over 10 loans originated) are
Marine Bank (2.73%), First State Bank (2.91%), UNITED WHOLESALE MORTGAGE, LLC (2.91%), Prairie State Bank and Trust (2.91%) and BETTER MORTGAGE CORPORATION (2.95%).
CHAMPAIGN-URBANA, IL Lender Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| FLAT BRANCH MORTGAGE, INC. | $63,295,000 | $87,990,000 | 39.0% | 6.5% |
| Marine Bank | $96,560,000 | $82,290,000 | -14.8% | 6.1% |
| Morton Community Bank | $49,530,000 | $75,910,000 | 53.3% | 5.6% |
| Hickory Point Bank and Trust | $74,680,000 | $61,840,000 | -17.2% | 4.6% |
| The Fisher National Bank | $66,275,000 | $60,970,000 | -8.0% | 4.5% |
| First Federal Savings Bank of Champaign-Urbana | $72,455,000 | $55,420,000 | -23.5% | 4.1% |
| QUICKEN LOANS, LLC | $40,645,000 | $54,785,000 | 34.8% | 4.0% |
| First Mid Bank & Trust | $25,645,000 | $49,750,000 | 94.0% | 3.7% |
| INB | $68,190,000 | $48,925,000 | -28.3% | 3.6% |
| First State Bank | $470,000 | $48,325,000 | 10,181.9% | 3.6% |
| Midland States Bank | $23,755,000 | $47,455,000 | 99.8% | 3.5% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $44,330,000 | $46,985,000 | 6.0% | 3.5% |
| Wells Fargo Bank | $38,385,000 | $46,515,000 | 21.2% | 3.4% |
| Iroquois Federal Savings and Loan Association | $35,775,000 | $40,035,000 | 11.9% | 2.9% |
| UNIVERSITY OF ILLINOIS COMMUNITY | $22,150,000 | $38,030,000 | 71.7% | 2.8% |
| UNITED WHOLESALE MORTGAGE, LLC | $19,920,000 | $32,500,000 | 63.2% | 2.4% |
| JPMorgan Chase Bank | $31,275,000 | $32,160,000 | 2.8% | 2.4% |
| PNC Bank | $21,890,000 | $26,970,000 | 23.2% | 2.0% |
| Prospect Bank | $35,350,000 | $24,725,000 | -30.1% | 1.8% |
| JONES LANG LASALLE MULTIFAMILY, LLC | $21,435,000 | n/a | 1.6% | |
| GUARANTEED RATE, INC. | $8,970,000 | $20,420,000 | 127.6% | 1.5% |
| Heartland Bank and Trust Company | $40,835,000 | $16,450,000 | -59.7% | 1.2% |
| BERKELEY POINT CAPITAL LLC | $15,595,000 | n/a | 1.1% | |
| FREEDOM MORTGAGE CORPORATION | $11,515,000 | $14,240,000 | 23.7% | 1.0% |
| Prairie State Bank and Trust | $36,020,000 | $13,105,000 | -63.6% | 1.0% |
| BETTER MORTGAGE CORPORATION | $1,870,000 | $11,275,000 | 502.9% | 0.8% |
| FIRST STATE MORTGAGE SERVICES, LLC | $11,450,000 | $9,875,000 | -13.8% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $895,000 | $9,540,000 | 965.9% | 0.7% |
| Mortgage Research Center, LLC | $7,175,000 | $9,535,000 | 32.9% | 0.7% |
| GREYSTONE SERVICING COMPANY LLC | $8,265,000 | $7,875,000 | -4.7% | 0.6% |
| LOANDEPOT.COM, LLC | $5,660,000 | $7,715,000 | 36.3% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $5,910,000 | $7,460,000 | 26.2% | 0.5% |
| First Financial Bank | $115,000 | $7,285,000 | 6,234.8% | 0.5% |
| U.S. Bank | $6,605,000 | $6,425,000 | -2.7% | 0.5% |
| Community Mortgage Banc Corporation | $10,075,000 | $6,230,000 | -38.2% | 0.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $12,750,000 | $6,120,000 | -52.0% | 0.5% |
| NEWREZ LLC | $2,110,000 | $5,950,000 | 182.0% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $2,690,000 | $5,915,000 | 119.9% | 0.4% |
| HOME POINT FINANCIAL CORPORATION | $2,405,000 | $5,060,000 | 110.4% | 0.4% |
| CBI Bank & Trust | $4,965,000 | n/a | 0.4% | |
| Flagstar Bank, FSB | $12,165,000 | $4,965,000 | -59.2% | 0.4% |
| Bank of America | $4,480,000 | $4,885,000 | 9.0% | 0.4% |
| Baxter Credit Union | $4,520,000 | n/a | 0.3% | |
| First State Bank of Forrest | $3,135,000 | $4,310,000 | 37.5% | 0.3% |
| CITIZENS EQUITY FIRST | $3,155,000 | $4,175,000 | 32.3% | 0.3% |
| Providence Bank & Trust | $4,165,000 | n/a | 0.3% | |
| USAA Federal Savings Bank | $5,235,000 | $4,055,000 | -22.5% | 0.3% |
| CALIBER HOME LOANS, INC. | $4,175,000 | $3,995,000 | -4.3% | 0.3% |
| UNION HOME MORTGAGE CORP. | $9,610,000 | $3,995,000 | -58.4% | 0.3% |
| Regions Bank | $5,455,000 | $3,915,000 | -28.2% | 0.3% |
| BROKER SOLUTIONS, INC. | $3,215,000 | $3,775,000 | 17.4% | 0.3% |
| Bank of England | $785,000 | $3,650,000 | 365.0% | 0.3% |
| The Huntington National Bank | $2,080,000 | $3,595,000 | 72.8% | 0.3% |
| DRAPER AND KRAMER MORTGAGE CORP. | $4,325,000 | $3,495,000 | -19.2% | 0.3% |
| NAVY FEDERAL CREDIT UNION | $3,040,000 | $3,385,000 | 11.3% | 0.2% |
| Carrington Mortgage Services, LLC | $2,885,000 | $3,330,000 | 15.4% | 0.2% |
| PLANET HOME LENDING, LLC | $5,395,000 | $3,055,000 | -43.4% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $9,200,000 | $2,990,000 | -67.5% | 0.2% |
| Farm Credit Mid-America, ACA | $1,690,000 | $2,960,000 | 75.1% | 0.2% |
| Petefish, Skiles & Co. | $5,785,000 | $2,945,000 | -49.1% | 0.2% |
| Fifth Third Bank | $2,325,000 | $2,830,000 | 21.7% | 0.2% |
| Ally Bank | $1,200,000 | $2,520,000 | 110.0% | 0.2% |
| GUIDANCE RESIDENTIAL, LLC | $720,000 | $2,500,000 | 247.2% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $2,325,000 | $2,335,000 | 0.4% | 0.2% |
| CIBM Bank | $2,265,000 | $2,285,000 | 0.9% | 0.2% |
| North American Savings Bank, F.S.B. | $380,000 | $2,235,000 | 488.2% | 0.2% |
| Catlin Bank | $2,505,000 | $2,215,000 | -11.6% | 0.2% |
| LIMA ONE CAPITAL, LLC | $2,210,000 | n/a | 0.2% | |
| LAKEVIEW LOAN SERVICING, LLC | $1,785,000 | $2,130,000 | 19.3% | 0.2% |
| V.I.P. MORTGAGE, INC. | $1,075,000 | $2,100,000 | 95.3% | 0.2% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,845,000 | $2,070,000 | 12.2% | 0.2% |
| United Community Bank | $620,000 | $1,945,000 | 213.7% | 0.1% |
| Town & Country Banc Mortgage Services, Inc. | $1,890,000 | $1,870,000 | -1.1% | 0.1% |
| Chicago Mortgage Solutions LLC | $1,335,000 | $1,830,000 | 37.1% | 0.1% |
| First Midwest Bank | $2,830,000 | $1,725,000 | -39.0% | 0.1% |
| COMPASS MORTGAGE, INC. | $1,140,000 | $1,655,000 | 45.2% | 0.1% |
| ORIX REAL ESTATE CAPITAL, LLC | $5,305,000 | $1,605,000 | -69.7% | 0.1% |
| ENDEAVOR CAPITAL, LLC. | $1,160,000 | $1,500,000 | 29.3% | 0.1% |
| SOFI LENDING CORP. | $550,000 | $1,500,000 | 172.7% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $525,000 | $1,495,000 | 184.8% | 0.1% |
| KELLER MORTGAGE, LLC | $900,000 | $1,490,000 | 65.6% | 0.1% |
| VILLAGE CAPITAL & INVESTMENT LLC | $655,000 | $1,340,000 | 104.6% | 0.1% |
| BLUELEAF LENDING, LLC | $515,000 | $1,305,000 | 153.4% | 0.1% |
| Commerce Bank | $11,500,000 | $1,085,000 | -90.6% | 0.1% |
| Neighborhood Loans, Inc. | $340,000 | $1,080,000 | 217.6% | 0.1% |
| Carrollton Bank | $765,000 | $1,050,000 | 37.3% | 0.1% |
| HOMESTEAD FUNDING CORP. | $845,000 | $1,040,000 | 23.1% | 0.1% |
| Credit Union 1 | $3,065,000 | $1,030,000 | -66.4% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $825,000 | $1,000,000 | 21.2% | 0.1% |
| The Federal Savings Bank | $1,420,000 | $955,000 | -32.7% | 0.1% |
| IAA Credit Union | $310,000 | $925,000 | 198.4% | 0.1% |
| InterContinental Capital Group, Inc | $420,000 | $910,000 | 116.7% | 0.1% |
| Northpointe Bank | $165,000 | $895,000 | 442.4% | 0.1% |
| Arvest Bank | $890,000 | $855,000 | -3.9% | 0.1% |
| MEMBER FIRST MORTGAGE, LLC | $405,000 | $850,000 | 109.9% | 0.1% |
| Paramount Bank | $235,000 | $850,000 | 261.7% | 0.1% |
| UIF CORPORATION | $315,000 | $850,000 | 169.8% | 0.1% |
| The Central Trust Bank | $840,000 | n/a | 0.1% | |
| Flanagan State Bank | $780,000 | $825,000 | 5.8% | 0.1% |
| Truist Bank | $295,000 | $825,000 | 179.7% | 0.1% |
| Associated Bank | $700,000 | $805,000 | 15.0% | 0.1% |
| Longview Bank & Trust | $795,000 | n/a | 0.1% | |
| PURDUE FEDERAL CREDIT UNION | $410,000 | $775,000 | 89.0% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $1,125,000 | $760,000 | -32.4% | 0.1% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $125,000 | $740,000 | 492.0% | 0.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $725,000 | n/a | 0.1% | |
| Dieterich Bank | $420,000 | $700,000 | 66.7% | 0.1% |
| INLAND BANK & TRUST | $275,000 | $690,000 | 150.9% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $1,365,000 | $670,000 | -50.9% | 0.0% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $570,000 | $665,000 | 16.7% | 0.0% |
| Citibank | $85,000 | $660,000 | 676.5% | 0.0% |
| AMERICAN FINANCING CORPORATION | $145,000 | $635,000 | 337.9% | 0.0% |
| First State Bank | $470,000 | $625,000 | 33.0% | 0.0% |
| AMERICAN FINANCE HOUSE LARIBA | $175,000 | $600,000 | 242.9% | 0.0% |
| NEW DAY FINANCIAL, LLC | $940,000 | $600,000 | -36.2% | 0.0% |
| DECATUR EARTHMOVER CREDIT UNION | $55,000 | $590,000 | 972.7% | 0.0% |
| Great Southern Bank | $385,000 | $565,000 | 46.8% | 0.0% |
| BANKORION | $555,000 | n/a | 0.0% | |
| NBKC BANK | $725,000 | $545,000 | -24.8% | 0.0% |
| First State Bank of Bloomington | $3,120,000 | $540,000 | -82.7% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $295,000 | $540,000 | 83.1% | 0.0% |
| Bank of Pontiac | $1,335,000 | $535,000 | -59.9% | 0.0% |
| First Home Bank | $135,000 | $535,000 | 296.3% | 0.0% |
| ZILLOW HOME LOANS, LLC | $525,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $515,000 | n/a | 0.0% | |
| Fidelity Bank | $320,000 | $510,000 | 59.4% | 0.0% |
| City National Bank | $505,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,330,000 | $495,000 | -62.8% | 0.0% |
| First American Bank | $270,000 | $480,000 | 77.8% | 0.0% |
| FRONTIER FINANCIAL, INC. | $480,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $75,000 | $480,000 | 540.0% | 0.0% |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $1,410,000 | $470,000 | -66.7% | 0.0% |
| Northwest Federal Credit Union | $470,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $1,040,000 | $455,000 | -56.3% | 0.0% |
| AmeriHome Mortgage Company, LLC | $155,000 | $450,000 | 190.3% | 0.0% |
| BNC National Bank | $450,000 | n/a | 0.0% | |
| CELEBRITY HOME LOANS, LLC | $1,320,000 | $435,000 | -67.0% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $1,480,000 | $435,000 | -70.6% | 0.0% |
| 21ST MORTGAGE CORPORATION | $1,925,000 | $430,000 | -77.7% | 0.0% |
| Colonial Savings, F.A. | $425,000 | n/a | 0.0% | |
| MORTGAGE ACCESS CORP. | $410,000 | n/a | 0.0% | |
| MOVEMENT MORTGAGE, LLC | $410,000 | n/a | 0.0% | |
| PROPER RATE, LLC | $410,000 | n/a | 0.0% | |
| Think Mutual Bank | $405,000 | n/a | 0.0% | |
| NATIONS RELIABLE LENDING, LLC | $310,000 | $400,000 | 29.0% | 0.0% |
| STAR ONE CREDIT UNION | $400,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL NETWORK, INC. | $670,000 | $390,000 | -41.8% | 0.0% |
| GERSHMAN INVESTMENT CORP. | $390,000 | n/a | 0.0% | |
| TOTAL MORTGAGE SERVICES, LLC | $220,000 | $390,000 | 77.3% | 0.0% |
| DELMAR FINANCIAL COMPANY | $265,000 | $380,000 | 43.4% | 0.0% |
| Discover Bank | $310,000 | $360,000 | 16.1% | 0.0% |
| CLEARPATH LENDING | $605,000 | $350,000 | -42.1% | 0.0% |
| Servion, Inc. | $85,000 | $350,000 | 311.8% | 0.0% |
| CHERRY CREEK MORTGAGE, LLC | $335,000 | n/a | 0.0% | |
| Shamrock Home Loans, Inc. | $330,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $325,000 | n/a | 0.0% | |
| ALLTRU Federal Credit Union | $315,000 | n/a | 0.0% | |
| Evolve Bank & Trust | $315,000 | n/a | 0.0% | |
| FOUR POINTS | $315,000 | n/a | 0.0% | |
| RF Renovo Management Company, LLC | $315,000 | n/a | 0.0% | |
| Manufacturers and Traders Trust Company | $305,000 | n/a | 0.0% | |
| Waterstone Mortgage Corporation | $305,000 | n/a | 0.0% | |
| Figure Lending LLC | $120,000 | $295,000 | 145.8% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $55,000 | $295,000 | 436.4% | 0.0% |
| GUILD MORTGAGE COMPANY | $320,000 | $290,000 | -9.4% | 0.0% |
| STEARNS LENDING, LLC | $360,000 | $290,000 | -19.4% | 0.0% |
| ENVOY MORTGAGE, LTD | $305,000 | $285,000 | -6.6% | 0.0% |
| First Merchants Bank | $19,845,000 | $285,000 | -98.6% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $2,200,000 | $285,000 | -87.0% | 0.0% |
| DUPACO COMMUNITY | $270,000 | n/a | 0.0% | |
| Alerus Financial | $265,000 | n/a | 0.0% | |
| Scott State Bank | $320,000 | $265,000 | -17.2% | 0.0% |
| TOWNE MORTGAGE COMPANY | $205,000 | $265,000 | 29.3% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $255,000 | $260,000 | 2.0% | 0.0% |
| OCMBC, INC. | $255,000 | n/a | 0.0% | |
| Washington Trust Bank | $255,000 | n/a | 0.0% | |
| Bank-Fund Staff Federal Credit Union | $250,000 | n/a | 0.0% | |
| Fortress Bank | $390,000 | $245,000 | -37.2% | 0.0% |
| Goodfield State Bank | $245,000 | n/a | 0.0% | |
| Grundy Bank | $245,000 | n/a | 0.0% | |
| NexBank | $245,000 | n/a | 0.0% | |
| VAN DYK MORTGAGE CORPORATION | $370,000 | $245,000 | -33.8% | 0.0% |
| CONSUMERS COOPERATIVE CREDIT UNION | $125,000 | $235,000 | 88.0% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $235,000 | n/a | 0.0% | |
| LEADERONE FINANCIAL CORPORATION | $770,000 | $235,000 | -69.5% | 0.0% |
| Allied First Bank,sb | $225,000 | n/a | 0.0% | |
| Aurora Financial, LLC | $225,000 | n/a | 0.0% | |
| Capital Bank | $225,000 | n/a | 0.0% | |
| First Farmers Bank and Trust Company | $120,000 | $225,000 | 87.5% | 0.0% |
| KeyBank | $105,000 | $225,000 | 114.3% | 0.0% |
| DIGITAL Federal Credit Union | $215,000 | n/a | 0.0% | |
| Prosperity Home Mortgage, LLC | $220,000 | $215,000 | -2.3% | 0.0% |
| United Fidelity Funding Corp. | $215,000 | n/a | 0.0% | |
| Third Federal Savings and Loan Association of Cleveland | $655,000 | $210,000 | -67.9% | 0.0% |
| ACADEMY MORTGAGE CORPORATION | $205,000 | n/a | 0.0% | |
| ADVANCIAL | $205,000 | n/a | 0.0% | |
| Germantown Trust & Savings Bank | $205,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $195,000 | $195,000 | 0.0% | 0.0% |
| DAS Acquisition Company, LLC | $195,000 | n/a | 0.0% | |
| FirstBank | $195,000 | n/a | 0.0% | |
| Morgan Stanley Private Bank | $195,000 | n/a | 0.0% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $450,000 | $195,000 | -56.7% | 0.0% |
| Strong Home Mortgage, LLC | $235,000 | $195,000 | -17.0% | 0.0% |
| HANSCOM | $185,000 | n/a | 0.0% | |
| LENDSURE MORTGAGE CORP. | $155,000 | $185,000 | 19.4% | 0.0% |
| CNB Bank And Trust, N.A. | $95,000 | $175,000 | 84.2% | 0.0% |
| Security Bank, s.b. | $175,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $15,000 | $170,000 | 1,033.3% | 0.0% |
| American Airlines Federal Credit Union | $165,000 | n/a | 0.0% | |
| Axos Bank | $165,000 | n/a | 0.0% | |
| CANOPY MORTGAGE, LLC | $165,000 | n/a | 0.0% | |
| Citizens Bank | $435,000 | $155,000 | -64.4% | 0.0% |
| Lakeview Community Capital, LLC | $725,000 | $155,000 | -78.6% | 0.0% |
| Midwest Community Bank | $180,000 | $155,000 | -13.9% | 0.0% |
| Nations Lending Corporation | $580,000 | $155,000 | -73.3% | 0.0% |
| Paramount Residential Mortgage Group, Inc. | $145,000 | $155,000 | 6.9% | 0.0% |
| BancorpSouth Bank | $145,000 | n/a | 0.0% | |
| First Horizon Bank | $145,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $665,000 | $145,000 | -78.2% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $145,000 | n/a | 0.0% | |
| Warren-Boynton State Bank | $1,480,000 | $145,000 | -90.2% | 0.0% |
| EMM LOANS LLC | $205,000 | $135,000 | -34.1% | 0.0% |
| Farmers-Merchants Bank of Illinois | $710,000 | $135,000 | -81.0% | 0.0% |
| Low VA Rates, LLC | $315,000 | $135,000 | -57.1% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $135,000 | n/a | 0.0% | |
| LENDERFI, INC. | $125,000 | n/a | 0.0% | |
| SCOTT CREDIT UNION | $125,000 | n/a | 0.0% | |
| Ameris Bank | $115,000 | n/a | 0.0% | |
| ILLINOIS STATE CREDIT UNION | $175,000 | $115,000 | -34.3% | 0.0% |
| Lake Area Bank | $115,000 | n/a | 0.0% | |
| REVERSE MORTGAGE FUNDING LLC | $125,000 | $115,000 | -8.0% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $205,000 | $115,000 | -43.9% | 0.0% |
| AMERIFIRST FINANCIAL CORPORATION | $320,000 | $105,000 | -67.2% | 0.0% |
| AmRes Corporation | $105,000 | n/a | 0.0% | |
| Buena Vista National Bank | $125,000 | $105,000 | -16.0% | 0.0% |
| First Federal Bank | $480,000 | $105,000 | -78.1% | 0.0% |
| Hometown National Bank | $105,000 | n/a | 0.0% | |
| Southwest Airlines Federal Credit Union | $105,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $505,000 | $95,000 | -81.2% | 0.0% |
| Auto Club Trust, FSB | $95,000 | n/a | 0.0% | |
| Plains Commerce Bank | $285,000 | $95,000 | -66.7% | 0.0% |
| Platinum Home Mortgage Corporation | $95,000 | n/a | 0.0% | |
| State Bank of Graymont | $475,000 | $95,000 | -80.0% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $90,000 | n/a | 0.0% | |
| COMMUNITYAMERICA | $85,000 | n/a | 0.0% | |
| FINANCE OF AMERICA COMMERCIAL LLC | $85,000 | n/a | 0.0% | |
| Stillman BancCorp N.A. | $195,000 | $75,000 | -61.5% | 0.0% |
| The Farmers and Merchants National Bank of Nashville | $75,000 | n/a | 0.0% | |
| 1ST MIDAMERICA | $65,000 | n/a | 0.0% | |
| FCB Banks | $65,000 | n/a | 0.0% | |
| Peoples National Bank , N.A. | $65,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $65,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $55,000 | n/a | 0.0% | |
| Ottawa Savings Bank | $175,000 | $55,000 | -68.6% | 0.0% |
| Elements Financial Federal Credit Union | $45,000 | n/a | 0.0% | |
| AMERICAN ADVISORS GROUP | $35,000 | $35,000 | 0.0% | 0.0% |
CHAMPAIGN - URBANA's top lender by overall market share is FLAT BRANCH MORTGAGE, INC., with 6.5% market share. In second place, with 6.1%, is Marine Bank, having originated $82,290,000 in loans. In third place, with 5.6%, is Morton Community Bank, having originated $75,910,000 in loans. In third place, with 4.6%, is Hickory Point Bank and Trust, having originated $61,840,000 in loans. In third place, with 4.5%, is The Fisher National Bank, having originated $60,970,000 in loans.
CHAMPAIGN-URBANA, IL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,931 | $628,225,000 | $214,338 |
| Refi | 2,315 | $500,755,000 | $216,309 |
| Cash Out Refi | 916 | $215,530,000 | $235,295 |
| Other | 79 | $8,385,000 | $106,139 |
| Home Improvement | 59 | $4,655,000 | $78,898 |
Champaign - Urbana's most frequently cited loan purpose was Home Purchase, with 2,931 originations. The 2nd most popular reason was Refi, with 2,315 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 2,116 | $438,360,000 | $207,164 |
| 3-4% | 1,903 | $463,675,000 | $243,655 |
| <2.5% | 1,288 | $234,070,000 | $181,731 |
| 4-5% | 164 | $48,840,000 | $297,805 |
| 5-6% | 26 | $2,080,000 | $80,000 |
| Over 8% | 15 | $735,000 | $49,000 |
| 6-7% | 8 | $2,850,000 | $356,250 |
| 7-8% | 8 | $290,000 | $36,250 |
During 2021, Champaign - Urbana's most frequently originated rate bucket was 2.5-3%, with 2,116 originations.
Loan Sizing (CHAMPAIGN-URBANA, IL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 2,936 | $423,700,000 | $144,312 |
| $200k-400k | 1,622 | $433,830,000 | $267,466 |
| $100,000 or less | 1,445 | $102,835,000 | $71,166 |
| $400k-600k | 206 | $98,690,000 | $479,078 |
| $Over $1MM | 59 | $274,635,000 | $4,654,831 |
| $600k-1000k | 32 | $23,860,000 | $745,625 |
CHAMPAIGN - URBANA's loan sizing saw the bucket of loans from $100k-200k with 2,936 originations, totaling $423,700,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,404 | $478,950,000 | $199,230 |
| 60-80% | 2,123 | $539,885,000 | $254,303 |
| 40-60% | 579 | $124,405,000 | $214,862 |
| 20-40% | 194 | $26,350,000 | $135,825 |
| Under 20% | 74 | $4,440,000 | $60,000 |
| Over 100% | 41 | $12,765,000 | $311,341 |
CHAMPAIGN - URBANA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,404 originations, totaling $478,950,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - CHAMPAIGN - URBANA (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 | $152,950 (7.8%) | $206,242 (7.7%) | 0.56 | 990 |
| 2018-02-01 | $157,950 (12.9%) | $208,977 (7.4%) | 0.57 | 949 |
| 2018-03-01 | $160,000 (8.5%) | $215,772 (8.2%) | 0.55 | 938 |
| 2018-04-01 | $170,700 (10.2%) | $220,423 (5.4%) | 0.57 | 961 |
| 2018-05-01 | $174,950 (12.9%) | $219,769 (4.2%) | 0.58 | 976 |
| 2018-06-01 | $169,900 (6.9%) | $215,560 (0.4%) | 0.57 | 1,045 |
| 2018-07-01 | $167,200 (4.5%) | $213,429 (-2.1%) | 0.56 | 1,079 |
| 2018-08-01 | $168,450 (5.4%) | $212,874 (-1.5%) | 0.56 | 1,100 |
| 2018-09-01 | $169,900 (6.2%) | $212,660 (-2.9%) | 0.57 | 1,081 |
| 2018-10-01 | $169,900 (6.3%) | $212,752 (-1.0%) | 0.57 | 1,054 |
| 2018-11-01 | $169,900 (7.9%) | $210,528 (0.9%) | 0.57 | 1,037 |
| 2018-12-01 | $164,900 (6.5%) | $204,339 (-0.1%) | 0.56 | 1,003 |
| 2019-01-01 | $165,000 (7.9%) | $206,717 (0.2%) | 0.57 | 929 |
| 2019-02-01 | $165,000 (4.5%) | $212,754 (1.8%) | 0.55 | 946 |
| 2019-03-01 | $171,386 (7.1%) | $222,054 (2.9%) | 0.56 | 912 |
| 2019-04-01 | $182,400 (6.9%) | $230,494 (4.6%) | 0.57 | 874 |
| 2019-05-01 | $187,250 (7.0%) | $231,285 (5.2%) | 0.58 | 906 |
| 2019-06-01 | $185,000 (8.9%) | $229,626 (6.5%) | 0.57 | 952 |
| 2019-07-01 | $182,450 (9.1%) | $225,205 (5.5%) | 0.57 | 1,001 |
| 2019-08-01 | $172,757 (2.6%) | $218,764 (2.8%) | 0.54 | 1,028 |
| 2019-09-01 | $167,450 (-1.4%) | $212,828 (0.1%) | 0.53 | 1,048 |
| 2019-10-01 | $165,250 (-2.7%) | $211,500 (-0.6%) | 0.53 | 1,030 |
| 2019-11-01 | $165,000 (-2.9%) | $211,854 (0.6%) | 0.53 | 1,011 |
| 2019-12-01 | $158,200 (-4.1%) | $210,280 (2.9%) | 0.53 | 925 |
| 2020-01-01 | $158,900 (-3.7%) | $210,141 (1.7%) | 0.53 | 861 |
| 2020-02-01 | $175,000 (6.1%) | $223,638 (5.1%) | 0.56 | 790 |
| 2020-03-01 | $182,950 (6.8%) | $231,192 (4.1%) | 0.57 | 781 |
| 2020-04-01 | $184,950 (1.4%) | $232,807 (1.0%) | 0.58 | 746 |
| 2020-05-01 | $190,000 (1.5%) | $238,095 (2.9%) | 0.58 | 651 |
| 2020-06-01 | $193,900 (4.8%) | $243,106 (5.9%) | 0.57 | 604 |
| 2020-07-01 | $199,900 (9.6%) | $252,916 (12.3%) | 0.57 | 583 |
| 2020-08-01 | $195,000 (12.9%) | $248,722 (13.7%) | 0.56 | 533 |
| 2020-09-01 | $193,200 (15.4%) | $247,603 (16.3%) | 0.55 | 526 |
| 2020-10-01 | $179,900 (8.9%) | $240,291 (13.6%) | 0.51 | 492 |
| 2020-11-01 | $171,200 (3.8%) | $233,534 (10.2%) | 0.49 | 475 |
| 2020-12-01 | $180,950 (14.4%) | $232,917 (10.8%) | 0.53 | 414 |
| 2021-01-01 | $169,900 (6.9%) | $228,180 (8.6%) | 0.50 | 359 |
| 2021-02-01 | $164,950 (-5.7%) | $225,941 (1.0%) | 0.47 | 303 |
| 2021-03-01 | $162,450 (-11.2%) | $236,863 (2.5%) | 0.46 | 276 |
| 2021-04-01 | $173,700 (-6.1%) | $253,762 (9.0%) | 0.47 | 248 |
| 2021-05-01 | $174,900 (-8.0%) | $258,854 (8.7%) | 0.46 | 253 |
| 2021-06-01 | $187,400 (-3.4%) | $264,184 (8.7%) | 0.49 | 282 |
| 2021-07-01 | $179,450 (-10.2%) | $257,168 (1.7%) | 0.47 | 340 |
| 2021-08-01 | $171,200 (-12.2%) | $244,434 (-1.7%) | 0.45 | 362 |
| 2021-09-01 | $164,950 (-14.6%) | $246,735 (-0.4%) | 0.43 | 345 |
| 2021-10-01 | $159,900 (-11.1%) | $243,325 (1.3%) | 0.42 | 364 |
| 2021-11-01 | $152,400 (-11.0%) | $251,433 (7.7%) | 0.40 | 329 |
| 2021-12-01 | $149,900 (-17.2%) | $247,837 (6.4%) | 0.40 | 282 |
| 2022-01-01 | $139,900 (-17.7%) | $249,046 (9.1%) | 0.37 | 240 |
| 2022-02-01 | $147,000 (-10.9%) | $259,455 (14.8%) | 0.37 | 213 |
| 2022-03-01 | $164,900 (1.5%) | $254,325 (7.4%) | 0.41 | 189 |
| 2022-04-01 | $165,000 (-5.0%) | $250,968 (-1.1%) | 0.39 | 198 |
| 2022-05-01 | $171,200 (-2.1%) | $242,354 (-6.4%) | 0.38 | 226 |
| 2022-06-01 | $179,950 (-4.0%) | $256,559 (-2.9%) | 0.40 | 268 |
CHAMPAIGN - URBANA's median listing price for 2022-06-01 was $179,950, a difference of
$-7,450
(-4.0%) versus the prior year and
$8,750 versus the prior month.
CHAMPAIGN - URBANA's median listing price comes in at 40% of the national average.
CHAMPAIGN - URBANA's average listing price for 2022-06-01 was $256,559, a difference of $-7,625 (-2.9%) versus the prior year and $14,205 versus the prior month.
For the 2022-06-01 period, CHAMPAIGN - URBANA had 268 MLS listings, a difference of 42 listings (19%) versus the prior month and -14 listings (-5%) versus the prior year.
CHAMPAIGN - URBANA's median listing price comes in at 40% of the national average.
CHAMPAIGN - URBANA's average listing price for 2022-06-01 was $256,559, a difference of $-7,625 (-2.9%) versus the prior year and $14,205 versus the prior month.
For the 2022-06-01 period, CHAMPAIGN - URBANA had 268 MLS listings, a difference of 42 listings (19%) versus the prior month and -14 listings (-5%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - CHAMPAIGN - URBANA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 120 days | 1,648 sqft |
| 2018-02-01 | 118 days | 1,649 sqft |
| 2018-03-01 | 94 days | 1,676 sqft |
| 2018-04-01 | 66 days | 1,719 sqft |
| 2018-05-01 | 69 days | 1,755 sqft |
| 2018-06-01 | 68 days | 1,750 sqft |
| 2018-07-01 | 69 days | 1,744 sqft |
| 2018-08-01 | 74 days | 1,754 sqft |
| 2018-09-01 | 79 days | 1,745 sqft |
| 2018-10-01 | 85 days | 1,745 sqft |
| 2018-11-01 | 94 days | 1,731 sqft |
| 2018-12-01 | 107 days | 1,714 sqft |
| 2019-01-01 | 121 days | 1,677 sqft |
| 2019-02-01 | 116 days | 1,680 sqft |
| 2019-03-01 | 114 days | 1,710 sqft |
| 2019-04-01 | 78 days | 1,772 sqft |
| 2019-05-01 | 67 days | 1,790 sqft |
| 2019-06-01 | 72 days | 1,782 sqft |
| 2019-07-01 | 72 days | 1,790 sqft |
| 2019-08-01 | 72 days | 1,742 sqft |
| 2019-09-01 | 74 days | 1,719 sqft |
| 2019-10-01 | 79 days | 1,722 sqft |
| 2019-11-01 | 92 days | 1,735 sqft |
| 2019-12-01 | 103 days | 1,716 sqft |
| 2020-01-01 | 116 days | 1,712 sqft |
| 2020-02-01 | 117 days | 1,746 sqft |
| 2020-03-01 | 95 days | 1,787 sqft |
| 2020-04-01 | 84 days | 1,796 sqft |
| 2020-05-01 | 87 days | 1,800 sqft |
| 2020-06-01 | 86 days | 1,825 sqft |
| 2020-07-01 | 71 days | 1,851 sqft |
| 2020-08-01 | 64 days | 1,819 sqft |
| 2020-09-01 | 65 days | 1,786 sqft |
| 2020-10-01 | 71 days | 1,736 sqft |
| 2020-11-01 | 69 days | 1,712 sqft |
| 2020-12-01 | 80 days | 1,741 sqft |
| 2021-01-01 | 91 days | 1,685 sqft |
| 2021-02-01 | 83 days | 1,567 sqft |
| 2021-03-01 | 68 days | 1,589 sqft |
| 2021-04-01 | 59 days | 1,630 sqft |
| 2021-05-01 | 48 days | 1,660 sqft |
| 2021-06-01 | 44 days | 1,689 sqft |
| 2021-07-01 | 43 days | 1,676 sqft |
| 2021-08-01 | 45 days | 1,597 sqft |
| 2021-09-01 | 50 days | 1,549 sqft |
| 2021-10-01 | 50 days | 1,523 sqft |
| 2021-11-01 | 56 days | 1,513 sqft |
| 2021-12-01 | 62 days | 1,484 sqft |
| 2022-01-01 | 78 days | 1,450 sqft |
| 2022-02-01 | 71 days | 1,500 sqft |
| 2022-03-01 | 50 days | 1,577 sqft |
| 2022-04-01 | 41 days | 1,544 sqft |
| 2022-05-01 | 38 days | 1,542 sqft |
| 2022-06-01 | 37 days | 1,634 sqft |
CHAMPAIGN - URBANA's median listing age (time on market) for 2022-06-01 was 37 days.
This
is -16%
shorter
than the same period one year ago.
CHAMPAIGN - URBANA's median square footage for active listings during the 2022-06-01 period was 1,634 sqft. One year prior, the average listing was 1,689 sqft.
CHAMPAIGN - URBANA's median square footage for active listings during the 2022-06-01 period was 1,634 sqft. One year prior, the average listing was 1,689 sqft.
