CHAMPAIGN - URBANA Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Champaign - Urbana averaged
6.65%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
6.78% and
one month ago for the week of 2023-02-09, the
average rate was 6.27%.
Champaign - Urbana's average rate one year ago was 3.8%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.95%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
| Champaign - Urbana 30 Year Fixed Rate | 2023-03-16 | 6.65% |
| Champaign - Urbana 30 Year Fixed Rate Refi | 2023-03-16 | 6.95% |
| Champaign - Urbana 15 Year Fixed Rate | 2023-03-16 | 6.06% |
| Champaign - Urbana 15 Year Fixed Rate Refi | 2023-03-16 | 6.01% |
| Champaign - Urbana 30 Year FHA | 2023-03-16 | 6.13% |
| Champaign - Urbana 30 Year FHA Refi | 2023-03-16 | 6.23% |
| Champaign - Urbana 30 Year USDA | 2023-03-16 | 6.55% |
| Champaign - Urbana 30 Year USDA Refi | 2023-03-16 | 6.4% |
| Champaign - Urbana 30 Year VA | 2023-03-16 | 6.42% |
| Champaign - Urbana 30 Year VA Refi | 2023-03-16 | 6.06% |
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 lender, 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 Average Closing Costs & Other Stats
CHAMPAIGN-URBANA, IL's 155 lenders originated 4,168
loans during 2022. The total origination value was $1,123,340,000, with an average loan value of
$269,515.
CHAMPAIGN - URBANA's average closing costs are $2,922.
The top CHAMPAIGN - URBANA lender as defined by loan originations is Busey Bank, with
292 loans originated. Their average total fees are
$2,116, which is $504
lower than the next largest lender,
FLAT BRANCH MORTGAGE, INC..
The lowest fee CHAMPAIGN - URBANA lenders (with over 10 loans originated) are
First State Bank ($1,383), Prairie State Bank and Trust ($1,658), UNIVERSITY OF ILLINOIS COMMUNITY ($1,697), First Mid Bank & Trust ($1,713) and Marine Bank ($1,956).
The lowest rate CHAMPAIGN - URBANA lenders (with over 10 loans originated) are
Wells Fargo Bank (4.30%), HOME POINT FINANCIAL CORPORATION (4.34%), LOANDEPOT.COM, LLC (4.45%), Prairie State Bank and Trust (4.54%) and JPMorgan Chase Bank (4.54%).
CHAMPAIGN-URBANA, 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 |
|---|---|---|---|---|
| Busey Bank | $217,065,000 | n/a | 19.3% | |
| FLAT BRANCH MORTGAGE, INC. | $87,990,000 | $88,435,000 | 0.5% | 7.9% |
| Hickory Point Bank and Trust | $61,840,000 | $71,875,000 | 16.2% | 6.4% |
| Morton Community Bank | $75,910,000 | $70,365,000 | -7.3% | 6.3% |
| Iroquois Federal Savings and Loan Association | $40,035,000 | $54,915,000 | 37.2% | 4.9% |
| First Mid Bank & Trust | $49,750,000 | $41,790,000 | -16.0% | 3.7% |
| INB | $48,925,000 | $32,975,000 | -32.6% | 2.9% |
| First Federal Savings Bank of Champaign-Urbana | $55,420,000 | $30,875,000 | -44.3% | 2.7% |
| The Fisher National Bank | $60,970,000 | $30,530,000 | -49.9% | 2.7% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $46,985,000 | $29,590,000 | -37.0% | 2.6% |
| Prospect Bank | $24,725,000 | $27,720,000 | 12.1% | 2.5% |
| JPMorgan Chase Bank | $32,160,000 | $24,910,000 | -22.5% | 2.2% |
| Marine Bank | $82,290,000 | $23,580,000 | -71.3% | 2.1% |
| Citywide Banks | $23,505,000 | n/a | 2.1% | |
| UNITED WHOLESALE MORTGAGE, LLC | $32,500,000 | $21,860,000 | -32.7% | 1.9% |
| QUICKEN LOANS, LLC | $54,785,000 | $21,845,000 | -60.1% | 1.9% |
| First State Bank | $625,000 | $18,840,000 | 2,914.4% | 1.7% |
| First State Bank | $625,000 | $18,630,000 | 2,880.8% | 1.7% |
| Midland States Bank | $47,455,000 | $16,000,000 | -66.3% | 1.4% |
| UNIVERSITY OF ILLINOIS COMMUNITY | $38,030,000 | $13,865,000 | -63.5% | 1.2% |
| Prairie State Bank and Trust | $13,105,000 | $13,695,000 | 4.5% | 1.2% |
| PNC Bank | $26,970,000 | $12,790,000 | -52.6% | 1.1% |
| CBI Bank & Trust | $4,965,000 | $10,605,000 | 113.6% | 0.9% |
| Wells Fargo Bank | $46,515,000 | $9,790,000 | -79.0% | 0.9% |
| GUARANTEED RATE, INC. | $20,420,000 | $9,690,000 | -52.5% | 0.9% |
| Mortgage Research Center, LLC | $9,535,000 | $9,510,000 | -0.3% | 0.8% |
| FINANCE OF AMERICA MORTGAGE LLC | $725,000 | $7,780,000 | 973.1% | 0.7% |
| Commerce Bank | $1,085,000 | $6,665,000 | 514.3% | 0.6% |
| Heartland Bank and Trust Company | $16,450,000 | $6,020,000 | -63.4% | 0.5% |
| First Financial Bank | $7,285,000 | $5,985,000 | -17.8% | 0.5% |
| FIRST STATE MORTGAGE SERVICES, LLC | $9,875,000 | $5,950,000 | -39.7% | 0.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $6,120,000 | $5,335,000 | -12.8% | 0.5% |
| HOME POINT FINANCIAL CORPORATION | $5,060,000 | $4,365,000 | -13.7% | 0.4% |
| U.S. Bank | $6,425,000 | $4,105,000 | -36.1% | 0.4% |
| Regions Bank | $3,915,000 | $4,015,000 | 2.6% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $3,385,000 | $3,705,000 | 9.5% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $7,460,000 | $3,670,000 | -50.8% | 0.3% |
| DRAPER AND KRAMER MORTGAGE CORP. | $3,495,000 | $3,635,000 | 4.0% | 0.3% |
| PENNYMAC LOAN SERVICES, LLC | $9,540,000 | $3,460,000 | -63.7% | 0.3% |
| FREEDOM MORTGAGE CORPORATION | $14,240,000 | $3,175,000 | -77.7% | 0.3% |
| LOANDEPOT.COM, LLC | $7,715,000 | $3,175,000 | -58.8% | 0.3% |
| First State Bank of Forrest | $4,310,000 | $3,055,000 | -29.1% | 0.3% |
| The Huntington National Bank | $3,595,000 | $2,925,000 | -18.6% | 0.3% |
| Bank of America | $4,885,000 | $2,820,000 | -42.3% | 0.3% |
| CITIZENS EQUITY FIRST | $4,175,000 | $2,750,000 | -34.1% | 0.2% |
| USAA Federal Savings Bank | $4,055,000 | $2,555,000 | -37.0% | 0.2% |
| Flagstar Bank, FSB | $4,965,000 | $2,505,000 | -49.5% | 0.2% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $670,000 | $2,435,000 | 263.4% | 0.2% |
| CALIBER HOME LOANS, INC. | $3,995,000 | $2,330,000 | -41.7% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,990,000 | $2,310,000 | -22.7% | 0.2% |
| Old National Bank | $2,250,000 | n/a | 0.2% | |
| BROKER SOLUTIONS, INC. | $3,775,000 | $2,205,000 | -41.6% | 0.2% |
| Carrington Mortgage Services, LLC | $3,330,000 | $2,040,000 | -38.7% | 0.2% |
| KELLER MORTGAGE, LLC | $1,490,000 | $2,030,000 | 36.2% | 0.2% |
| GUIDANCE RESIDENTIAL, LLC | $2,500,000 | $2,025,000 | -19.0% | 0.2% |
| First Savings Bank | $1,900,000 | n/a | 0.2% | |
| FineMark National Bank & Trust | $1,860,000 | n/a | 0.2% | |
| NEWREZ LLC | $5,950,000 | $1,540,000 | -74.1% | 0.1% |
| 21ST MORTGAGE CORPORATION | $430,000 | $1,530,000 | 255.8% | 0.1% |
| WaterStone Bank, SSB | $1,460,000 | n/a | 0.1% | |
| Catlin Bank | $2,215,000 | $1,415,000 | -36.1% | 0.1% |
| BETTER MORTGAGE CORPORATION | $11,275,000 | $1,320,000 | -88.3% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $1,000,000 | $1,280,000 | 28.0% | 0.1% |
| The Federal Savings Bank | $955,000 | $1,280,000 | 34.0% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $540,000 | $1,255,000 | 132.4% | 0.1% |
| Petefish, Skiles & Co. | $2,945,000 | $1,200,000 | -59.3% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $1,495,000 | $1,175,000 | -21.4% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $5,915,000 | $1,140,000 | -80.7% | 0.1% |
| Community Mortgage Banc Corporation | $6,230,000 | $1,135,000 | -81.8% | 0.1% |
| Fifth Third Bank | $2,830,000 | $1,065,000 | -62.4% | 0.1% |
| GUILD MORTGAGE COMPANY | $290,000 | $925,000 | 219.0% | 0.1% |
| Citizens Bank | $155,000 | $900,000 | 480.6% | 0.1% |
| International Bank of Chicago | $885,000 | n/a | 0.1% | |
| Discover Bank | $360,000 | $875,000 | 143.1% | 0.1% |
| Farm Credit Mid-America, ACA | $2,960,000 | $835,000 | -71.8% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $2,130,000 | $825,000 | -61.3% | 0.1% |
| Hometown Lenders, Inc. | $815,000 | n/a | 0.1% | |
| SOFI LENDING CORP. | $1,500,000 | $775,000 | -48.3% | 0.1% |
| Ally Bank | $2,520,000 | $765,000 | -69.6% | 0.1% |
| Commerce Home Mortgage, Inc. | $750,000 | n/a | 0.1% | |
| NBKC BANK | $545,000 | $745,000 | 36.7% | 0.1% |
| PURDUE FEDERAL CREDIT UNION | $775,000 | $740,000 | -4.5% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $515,000 | $715,000 | 38.8% | 0.1% |
| BLUELEAF LENDING, LLC | $1,305,000 | $710,000 | -45.6% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $210,000 | $675,000 | 221.4% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $760,000 | $650,000 | -14.5% | 0.1% |
| COMPASS MORTGAGE, INC. | $1,655,000 | $630,000 | -61.9% | 0.1% |
| First Trust Bank of Illinois | $630,000 | n/a | 0.1% | |
| Northpointe Bank | $895,000 | $605,000 | -32.4% | 0.1% |
| Baxter Credit Union | $4,520,000 | $600,000 | -86.7% | 0.1% |
| Bank of the West | $575,000 | n/a | 0.1% | |
| CIBM Bank | $2,285,000 | $575,000 | -74.8% | 0.1% |
| Waterstone Mortgage Corporation | $305,000 | $575,000 | 88.5% | 0.1% |
| Citibank | $660,000 | $560,000 | -15.2% | 0.0% |
| Credit Union 1 | $1,030,000 | $560,000 | -45.6% | 0.0% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $665,000 | $560,000 | -15.8% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $435,000 | $550,000 | 26.4% | 0.0% |
| Gateway First Bank | $530,000 | n/a | 0.0% | |
| Flanagan State Bank | $825,000 | $515,000 | -37.6% | 0.0% |
| Equity Prime Mortgage LLC | $490,000 | n/a | 0.0% | |
| Land of Lincoln Credit Union | $480,000 | n/a | 0.0% | |
| Arvest Bank | $855,000 | $465,000 | -45.6% | 0.0% |
| Longview Bank & Trust | $795,000 | $465,000 | -41.5% | 0.0% |
| UNION HOME MORTGAGE CORP. | $3,995,000 | $465,000 | -88.4% | 0.0% |
| Bank of Springfield | $460,000 | n/a | 0.0% | |
| Bank of England | $3,650,000 | $445,000 | -87.8% | 0.0% |
| PLUS RELOCATION MORTGAGE, LLC | $445,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $440,000 | n/a | 0.0% | |
| Servion, Inc. | $350,000 | $435,000 | 24.3% | 0.0% |
| Raymond James Bank | $430,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $2,210,000 | $425,000 | -80.8% | 0.0% |
| NEW DAY FINANCIAL, LLC | $600,000 | $420,000 | -30.0% | 0.0% |
| CHERRY CREEK MORTGAGE, LLC | $335,000 | $410,000 | 22.4% | 0.0% |
| Morgan Stanley Private Bank | $195,000 | $410,000 | 110.3% | 0.0% |
| ANGEL OAK HOME LOANS LLC | $395,000 | n/a | 0.0% | |
| Boeing Employees Credit Union | $390,000 | n/a | 0.0% | |
| DECATUR EARTHMOVER CREDIT UNION | $590,000 | $390,000 | -33.9% | 0.0% |
| Availa Bank | $375,000 | n/a | 0.0% | |
| HSBC BANK USA, NATIONAL ASSOCIATION | $370,000 | n/a | 0.0% | |
| Alerus Financial | $265,000 | $365,000 | 37.7% | 0.0% |
| Associated Bank | $805,000 | $365,000 | -54.7% | 0.0% |
| Ameris Bank | $115,000 | $360,000 | 213.0% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $2,335,000 | $360,000 | -84.6% | 0.0% |
| EVERETT FINANCIAL, INC. | $345,000 | n/a | 0.0% | |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $470,000 | $345,000 | -26.6% | 0.0% |
| GREENSTATE CREDIT UNION | $345,000 | n/a | 0.0% | |
| WesBanco Bank, Inc. | $345,000 | n/a | 0.0% | |
| State Bank of Graymont | $95,000 | $330,000 | 247.4% | 0.0% |
| DAS Acquisition Company, LLC | $195,000 | $325,000 | 66.7% | 0.0% |
| EVANSVILLE TEACHERS | $325,000 | n/a | 0.0% | |
| KeyBank | $225,000 | $315,000 | 40.0% | 0.0% |
| Strong Home Mortgage, LLC | $195,000 | $315,000 | 61.5% | 0.0% |
| The Bank of Brodhead | $310,000 | n/a | 0.0% | |
| Cedar Rapids Bank and Trust Company | $305,000 | n/a | 0.0% | |
| STAR Financial Bank | $305,000 | n/a | 0.0% | |
| Town & Country Banc Mortgage Services, Inc. | $1,870,000 | $305,000 | -83.7% | 0.0% |
| ZILLOW HOME LOANS, LLC | $525,000 | $300,000 | -42.9% | 0.0% |
| Magnolia Bank | $295,000 | n/a | 0.0% | |
| LENDSURE MORTGAGE CORP. | $185,000 | $290,000 | 56.8% | 0.0% |
| Nations Lending Corporation | $155,000 | $290,000 | 87.1% | 0.0% |
| Bank of Pontiac | $535,000 | $285,000 | -46.7% | 0.0% |
| NUMARK CREDIT UNION | $285,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $165,000 | $275,000 | 66.7% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $275,000 | n/a | 0.0% | |
| UBS Bank USA | $265,000 | n/a | 0.0% | |
| DELMAR FINANCIAL COMPANY | $380,000 | $260,000 | -31.6% | 0.0% |
| First Bank of Manhattan | $255,000 | n/a | 0.0% | |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $2,070,000 | $250,000 | -87.9% | 0.0% |
| CNB Bank And Trust, N.A. | $175,000 | $250,000 | 42.9% | 0.0% |
| FCB Banks | $65,000 | $250,000 | 284.6% | 0.0% |
| M&T Bank | $305,000 | $250,000 | -18.0% | 0.0% |
| Greenbox Loans, Inc. | $245,000 | n/a | 0.0% | |
| NORTHWEST BANK OF ROCKFORD | $245,000 | n/a | 0.0% | |
| STAR ONE CREDIT UNION | $400,000 | $245,000 | -38.8% | 0.0% |
| Fidelity Bank | $510,000 | $240,000 | -52.9% | 0.0% |
| VILLAGE CAPITAL MORTGAGE | $1,340,000 | $240,000 | -82.1% | 0.0% |
| HOMESTEAD FUNDING CORP. | $1,040,000 | $235,000 | -77.4% | 0.0% |
| T2 FINANCIAL LLC | $235,000 | n/a | 0.0% | |
| NETWORK CAPITAL FUNDING CORPORATION | $260,000 | $230,000 | -11.5% | 0.0% |
| Bankers Trust Company | $225,000 | n/a | 0.0% | |
| DIGITAL Federal Credit Union | $215,000 | $225,000 | 4.7% | 0.0% |
| German American Bank | $225,000 | n/a | 0.0% | |
| GSF Mortgage Corporation | $225,000 | n/a | 0.0% | |
| VERIDIAN CREDIT UNION | $225,000 | n/a | 0.0% | |
| Bell Bank | $215,000 | n/a | 0.0% | |
| Mid-Illini Credit Union | $215,000 | n/a | 0.0% | |
| SUN WEST MORTGAGE COMPANY, INC. | $215,000 | n/a | 0.0% | |
| First National Bank of Omaha | $210,000 | n/a | 0.0% | |
| AMERICAN FEDERAL MORTGAGE CORPORATION | $205,000 | n/a | 0.0% | |
| CIBC Bank USA | $205,000 | n/a | 0.0% | |
| SELFRELIANCE | $205,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $65,000 | $205,000 | 215.4% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $295,000 | $200,000 | -32.2% | 0.0% |
| Citadel Servicing Corporation | $195,000 | n/a | 0.0% | |
| Gateway Metro Federal Credit Union | $195,000 | n/a | 0.0% | |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $195,000 | n/a | 0.0% | |
| North American Savings Bank, F.S.B. | $2,235,000 | $195,000 | -91.3% | 0.0% |
| POLISH & SLAVIC FEDERAL CREDIT UNION | $195,000 | n/a | 0.0% | |
| American Bank and Trust Company | $185,000 | n/a | 0.0% | |
| FirstBank | $195,000 | $185,000 | -5.1% | 0.0% |
| Axos Bank | $165,000 | $175,000 | 6.1% | 0.0% |
| Figure Lending LLC | $295,000 | $170,000 | -42.4% | 0.0% |
| ENDEAVOR CAPITAL, LLC. | $1,500,000 | $165,000 | -89.0% | 0.0% |
| First National Bank of America | $165,000 | n/a | 0.0% | |
| GERSHMAN INVESTMENT CORP. | $390,000 | $165,000 | -57.7% | 0.0% |
| HEARTLAND | $165,000 | n/a | 0.0% | |
| IAA Credit Union | $925,000 | $165,000 | -82.2% | 0.0% |
| Willamette Valley Bank | $165,000 | n/a | 0.0% | |
| BECKAM FUNDING CORP. | $155,000 | n/a | 0.0% | |
| FAY SERVICING, LLC | $155,000 | n/a | 0.0% | |
| PLANET HOME LENDING, LLC | $3,055,000 | $155,000 | -94.9% | 0.0% |
| 1ST MIDAMERICA | $65,000 | $145,000 | 123.1% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $145,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $55,000 | $145,000 | 163.6% | 0.0% |
| Scott State Bank | $265,000 | $145,000 | -45.3% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $90,000 | $140,000 | 55.6% | 0.0% |
| ABSOLUTE HOME MORTGAGE CORPORATION | $135,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $635,000 | $135,000 | -78.7% | 0.0% |
| Colonial Savings, F.A. | $425,000 | $135,000 | -68.2% | 0.0% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $135,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $145,000 | $135,000 | -6.9% | 0.0% |
| THOMPSON KANE & COMPANY, LLC | $135,000 | n/a | 0.0% | |
| TOTAL MORTGAGE SERVICES, LLC | $390,000 | $135,000 | -65.4% | 0.0% |
| UIF CORPORATION | $850,000 | $135,000 | -84.1% | 0.0% |
| Vibrant Credit Union | $135,000 | n/a | 0.0% | |
| BMO Harris Bank | $125,000 | n/a | 0.0% | |
| Goodfield State Bank | $245,000 | $125,000 | -49.0% | 0.0% |
| The Old Fort Banking Company | $125,000 | n/a | 0.0% | |
| United Community Bank | $1,945,000 | $125,000 | -93.6% | 0.0% |
| ILLINOIS STATE CREDIT UNION | $115,000 | $115,000 | 0.0% | 0.0% |
| Paramount Bank | $850,000 | $115,000 | -86.5% | 0.0% |
| The Peoples State Bank of Newton, Illinois | $115,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $95,000 | $110,000 | 15.8% | 0.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $105,000 | n/a | 0.0% | |
| AMWEST FUNDING CORP. | $105,000 | n/a | 0.0% | |
| Beeline Loans, Inc. | $105,000 | n/a | 0.0% | |
| Brighton Bank | $105,000 | n/a | 0.0% | |
| Goldwater Bank, N.A. | $105,000 | n/a | 0.0% | |
| I. H. MISSISSIPPI VALLEY CREDIT UNION | $105,000 | n/a | 0.0% | |
| Ixonia Bank | $105,000 | n/a | 0.0% | |
| MOVEMENT MORTGAGE, LLC | $410,000 | $105,000 | -74.4% | 0.0% |
| NEXERA HOLDING LLC | $105,000 | n/a | 0.0% | |
| Sunflower Bank | $105,000 | n/a | 0.0% | |
| Truist | $825,000 | $105,000 | -87.3% | 0.0% |
| United Fidelity Funding Corp. | $215,000 | $105,000 | -51.2% | 0.0% |
| Buena Vista National Bank | $105,000 | $100,000 | -4.8% | 0.0% |
| CONSUMERS COOPERATIVE CREDIT UNION | $235,000 | $95,000 | -59.6% | 0.0% |
| HealthCare Associates Credit Union | $95,000 | n/a | 0.0% | |
| THRIVENT Federal Credit Union | $90,000 | n/a | 0.0% | |
| A&D Mortgage LLC | $85,000 | n/a | 0.0% | |
| Carrollton Bank | $1,050,000 | $75,000 | -92.9% | 0.0% |
| Home Loan Investment Bank, F.S.B. | $75,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $170,000 | $75,000 | -55.9% | 0.0% |
| Allied First Bank,sb | $225,000 | $65,000 | -71.1% | 0.0% |
| First Midwest Bank | $1,725,000 | $55,000 | -96.8% | 0.0% |
| REVERSE MORTGAGE FUNDING LLC | $115,000 | $45,000 | -60.9% | 0.0% |
| STOCKTON MORTGAGE CORPORATION | $45,000 | n/a | 0.0% | |
| AMERICAN ADVISORS GROUP | $35,000 | $35,000 | 0.0% | 0.0% |
| DUPACO COMMUNITY | $270,000 | $35,000 | -87.0% | 0.0% |
| Deere Employees Credit Union | $455,000 | $25,000 | -94.5% | 0.0% |
CHAMPAIGN - URBANA's top lender by overall market share is Busey Bank, with 19.3% market share. In second place, with 7.9%, is FLAT BRANCH MORTGAGE, INC., having originated $88,435,000 in loans. In third place, with 6.4%, is Hickory Point Bank and Trust, having originated $71,875,000 in loans. In fourth place, with 6.3%, is Morton Community Bank, having originated $70,365,000 in loans. In fifth place, with 4.9%, is Iroquois Federal Savings and Loan Association, having originated $54,915,000 in loans.
CHAMPAIGN - URBANA Housing Market Trends (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 | $161,200 (8.0%) | $213,470 (8.3%) | 0.60 | 913 |
| 2018-02-01 | $169,900 (16.0%) | $216,901 (8.6%) | 0.62 | 867 |
| 2018-03-01 | $179,900 (14.3%) | $227,353 (10.1%) | 0.63 | 846 |
| 2018-04-01 | $182,450 (12.3%) | $230,719 (6.2%) | 0.62 | 869 |
| 2018-05-01 | $189,900 (16.9%) | $230,283 (4.7%) | 0.63 | 890 |
| 2018-06-01 | $179,900 (9.1%) | $224,275 (0.4%) | 0.60 | 951 |
| 2018-07-01 | $175,000 (3.0%) | $222,682 (-2.1%) | 0.58 | 977 |
| 2018-08-01 | $177,250 (3.7%) | $222,468 (-1.2%) | 0.59 | 1,000 |
| 2018-09-01 | $175,750 (3.4%) | $222,799 (-2.4%) | 0.59 | 990 |
| 2018-10-01 | $179,900 (8.1%) | $221,569 (-0.7%) | 0.61 | 967 |
| 2018-11-01 | $178,575 (9.9%) | $219,570 (1.8%) | 0.61 | 949 |
| 2018-12-01 | $175,000 (9.4%) | $213,556 (0.0%) | 0.60 | 912 |
| 2019-01-01 | $177,000 (9.8%) | $217,063 (1.7%) | 0.61 | 830 |
| 2019-02-01 | $178,450 (5.0%) | $224,928 (3.7%) | 0.60 | 847 |
| 2019-03-01 | $188,471 (4.8%) | $233,652 (2.8%) | 0.62 | 824 |
| 2019-04-01 | $204,900 (12.3%) | $241,470 (4.7%) | 0.65 | 802 |
| 2019-05-01 | $199,400 (5.0%) | $240,412 (4.4%) | 0.62 | 842 |
| 2019-06-01 | $195,000 (8.4%) | $239,200 (6.7%) | 0.61 | 883 |
| 2019-07-01 | $191,400 (9.4%) | $233,847 (5.0%) | 0.60 | 933 |
| 2019-08-01 | $182,245 (2.8%) | $227,226 (2.1%) | 0.58 | 953 |
| 2019-09-01 | $178,114 (1.3%) | $221,285 (-0.7%) | 0.57 | 960 |
| 2019-10-01 | $175,409 (-2.5%) | $217,797 (-1.7%) | 0.57 | 963 |
| 2019-11-01 | $174,900 (-2.1%) | $216,430 (-1.4%) | 0.57 | 925 |
| 2019-12-01 | $169,450 (-3.2%) | $218,401 (2.3%) | 0.57 | 842 |
| 2020-01-01 | $172,450 (-2.6%) | $217,599 (0.3%) | 0.58 | 790 |
| 2020-02-01 | $185,900 (4.2%) | $232,985 (3.6%) | 0.61 | 729 |
| 2020-03-01 | $194,900 (3.4%) | $241,572 (3.4%) | 0.61 | 721 |
| 2020-04-01 | $196,225 (-4.2%) | $243,614 (0.9%) | 0.61 | 688 |
| 2020-05-01 | $207,000 (3.8%) | $247,653 (3.0%) | 0.63 | 601 |
| 2020-06-01 | $203,200 (4.2%) | $251,733 (5.2%) | 0.60 | 555 |
| 2020-07-01 | $223,650 (16.9%) | $263,742 (12.8%) | 0.65 | 532 |
| 2020-08-01 | $214,900 (17.9%) | $258,651 (13.8%) | 0.62 | 485 |
| 2020-09-01 | $212,400 (19.3%) | $256,440 (15.9%) | 0.61 | 481 |
| 2020-10-01 | $192,900 (10.0%) | $247,854 (13.8%) | 0.55 | 446 |
| 2020-11-01 | $185,625 (6.1%) | $241,455 (11.6%) | 0.54 | 426 |
| 2020-12-01 | $189,975 (12.1%) | $242,481 (11.0%) | 0.56 | 384 |
| 2021-01-01 | $189,900 (10.1%) | $240,242 (10.4%) | 0.57 | 328 |
| 2021-02-01 | $177,500 (-4.5%) | $239,952 (3.0%) | 0.52 | 271 |
| 2021-03-01 | $181,450 (-6.9%) | $251,157 (4.0%) | 0.51 | 248 |
| 2021-04-01 | $186,225 (-5.1%) | $262,471 (7.7%) | 0.50 | 232 |
| 2021-05-01 | $184,900 (-10.7%) | $268,244 (8.3%) | 0.49 | 246 |
| 2021-06-01 | $192,450 (-5.3%) | $271,989 (8.1%) | 0.51 | 268 |
| 2021-07-01 | $185,000 (-17.3%) | $263,789 (0.0%) | 0.49 | 331 |
| 2021-08-01 | $174,675 (-18.7%) | $250,858 (-3.0%) | 0.46 | 339 |
| 2021-09-01 | $164,950 (-22.3%) | $251,077 (-2.1%) | 0.44 | 330 |
| 2021-10-01 | $159,950 (-17.1%) | $248,501 (0.3%) | 0.43 | 341 |
| 2021-11-01 | $152,225 (-18.0%) | $256,465 (6.2%) | 0.41 | 305 |
| 2021-12-01 | $151,950 (-20.0%) | $253,663 (4.6%) | 0.41 | 254 |
| 2022-01-01 | $140,950 (-25.8%) | $252,576 (5.1%) | 0.38 | 216 |
| 2022-02-01 | $152,050 (-14.3%) | $265,756 (10.8%) | 0.40 | 190 |
| 2022-03-01 | $167,450 (-7.7%) | $258,720 (3.0%) | 0.42 | 172 |
| 2022-04-01 | $165,000 (-11.4%) | $261,718 (-0.3%) | 0.39 | 190 |
| 2022-05-01 | $175,000 (-5.4%) | $246,611 (-8.1%) | 0.40 | 222 |
| 2022-06-01 | $184,450 (-4.2%) | $260,409 (-4.3%) | 0.41 | 254 |
| 2022-07-01 | $187,500 (1.4%) | $253,339 (-4.0%) | 0.42 | 328 |
| 2022-08-01 | $188,500 (7.9%) | $250,786 (0.0%) | 0.43 | 338 |
| 2022-09-01 | $199,450 (20.9%) | $260,273 (3.7%) | 0.46 | 337 |
| 2022-10-01 | $199,900 (25.0%) | $264,649 (6.5%) | 0.47 | 328 |
| 2022-11-01 | $202,400 (33.0%) | $258,927 (1.0%) | 0.49 | 307 |
| 2022-12-01 | $203,500 (33.9%) | $263,769 (4.0%) | 0.50 | 268 |
| 2023-01-01 | $204,325 (45.0%) | $272,906 (8.1%) | 0.50 | 229 |
| 2023-02-01 | $224,450 (47.6%) | $300,491 (13.1%) | 0.54 | 194 |
CHAMPAIGN - URBANA's median listing price for 2023-02-01 was $224,450, a difference of
$72,400
(47.6%) versus the prior year and
$20,125 versus the prior month.
CHAMPAIGN - URBANA's median listing price comes in at 54% of the national average.
CHAMPAIGN - URBANA's average listing price for 2023-02-01 was $300,491, a difference of $34,735 (13.1%) versus the prior year and $27,585 versus the prior month.
For the 2023-02-01 period, CHAMPAIGN - URBANA had 194 MLS listings, a difference of -35 listings (-15%) versus the prior month and 4 listings (2%) versus the prior year.
CHAMPAIGN - URBANA's median listing price comes in at 54% of the national average.
CHAMPAIGN - URBANA's average listing price for 2023-02-01 was $300,491, a difference of $34,735 (13.1%) versus the prior year and $27,585 versus the prior month.
For the 2023-02-01 period, CHAMPAIGN - URBANA had 194 MLS listings, a difference of -35 listings (-15%) versus the prior month and 4 listings (2%) 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 | 118 days | 1,654 sqft |
| 2018-02-01 | 120 days | 1,666 sqft |
| 2018-03-01 | 92 days | 1,715 sqft |
| 2018-04-01 | 65 days | 1,760 sqft |
| 2018-05-01 | 66 days | 1,800 sqft |
| 2018-06-01 | 66 days | 1,782 sqft |
| 2018-07-01 | 69 days | 1,768 sqft |
| 2018-08-01 | 73 days | 1,781 sqft |
| 2018-09-01 | 78 days | 1,764 sqft |
| 2018-10-01 | 85 days | 1,770 sqft |
| 2018-11-01 | 94 days | 1,757 sqft |
| 2018-12-01 | 106 days | 1,736 sqft |
| 2019-01-01 | 120 days | 1,712 sqft |
| 2019-02-01 | 115 days | 1,719 sqft |
| 2019-03-01 | 97 days | 1,745 sqft |
| 2019-04-01 | 74 days | 1,803 sqft |
| 2019-05-01 | 64 days | 1,825 sqft |
| 2019-06-01 | 68 days | 1,800 sqft |
| 2019-07-01 | 71 days | 1,823 sqft |
| 2019-08-01 | 74 days | 1,776 sqft |
| 2019-09-01 | 78 days | 1,751 sqft |
| 2019-10-01 | 83 days | 1,745 sqft |
| 2019-11-01 | 96 days | 1,743 sqft |
| 2019-12-01 | 110 days | 1,743 sqft |
| 2020-01-01 | 116 days | 1,741 sqft |
| 2020-02-01 | 117 days | 1,782 sqft |
| 2020-03-01 | 87 days | 1,831 sqft |
| 2020-04-01 | 81 days | 1,859 sqft |
| 2020-05-01 | 85 days | 1,833 sqft |
| 2020-06-01 | 81 days | 1,849 sqft |
| 2020-07-01 | 67 days | 1,888 sqft |
| 2020-08-01 | 61 days | 1,842 sqft |
| 2020-09-01 | 65 days | 1,845 sqft |
| 2020-10-01 | 71 days | 1,776 sqft |
| 2020-11-01 | 66 days | 1,749 sqft |
| 2020-12-01 | 76 days | 1,763 sqft |
| 2021-01-01 | 86 days | 1,704 sqft |
| 2021-02-01 | 80 days | 1,676 sqft |
| 2021-03-01 | 62 days | 1,671 sqft |
| 2021-04-01 | 54 days | 1,707 sqft |
| 2021-05-01 | 46 days | 1,705 sqft |
| 2021-06-01 | 45 days | 1,710 sqft |
| 2021-07-01 | 43 days | 1,681 sqft |
| 2021-08-01 | 47 days | 1,583 sqft |
| 2021-09-01 | 47 days | 1,536 sqft |
| 2021-10-01 | 47 days | 1,518 sqft |
| 2021-11-01 | 58 days | 1,498 sqft |
| 2021-12-01 | 66 days | 1,467 sqft |
| 2022-01-01 | 82 days | 1,442 sqft |
| 2022-02-01 | 67 days | 1,496 sqft |
| 2022-03-01 | 48 days | 1,591 sqft |
| 2022-04-01 | 38 days | 1,549 sqft |
| 2022-05-01 | 36 days | 1,533 sqft |
| 2022-06-01 | 36 days | 1,603 sqft |
| 2022-07-01 | 37 days | 1,636 sqft |
| 2022-08-01 | 42 days | 1,665 sqft |
| 2022-09-01 | 49 days | 1,729 sqft |
| 2022-10-01 | 52 days | 1,713 sqft |
| 2022-11-01 | 59 days | 1,728 sqft |
| 2022-12-01 | 73 days | 1,711 sqft |
| 2023-01-01 | 80 days | 1,728 sqft |
| 2023-02-01 | 70 days | 1,770 sqft |
CHAMPAIGN - URBANA's median listing age (time on market) for 2023-02-01 was 70 days.
This
is 5%
longer
than the same period one year ago.
CHAMPAIGN - URBANA's median square footage for active listings during the 2023-02-01 period was 1,770 sqft. One year prior, the average listing was 1,496 sqft.
CHAMPAIGN - URBANA's median square footage for active listings during the 2023-02-01 period was 1,770 sqft. One year prior, the average listing was 1,496 sqft.
CHAMPAIGN-URBANA, IL Average Rent (2023)
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| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 60936 | Champaign-Urbana, IL | $670 | $670 | $790 | $1,100 | $1,330 |
| 60949 | Champaign-Urbana, IL | $730 | $730 | $860 | $1,100 | $1,170 |
| 60957 | Champaign-Urbana, IL | $670 | $670 | $790 | $1,000 | $1,110 |
| 60960 | Champaign-Urbana, IL | $670 | $670 | $790 | $1,000 | $1,110 |
| 61801 | Champaign-Urbana, IL | $820 | $820 | $970 | $1,240 | $1,320 |
| 61802 | Champaign-Urbana, IL | $780 | $790 | $930 | $1,190 | $1,260 |
| 61803 | Champaign-Urbana, IL | $830 | $840 | $990 | $1,270 | $1,340 |
| 61810 | Champaign-Urbana, IL | $670 | $670 | $790 | $1,010 | $1,110 |
| 61813 | Champaign-Urbana, IL | $710 | $710 | $840 | $1,080 | $1,140 |
| 61815 | Champaign-Urbana, IL | $780 | $780 | $920 | $1,180 | $1,250 |
| 61816 | Champaign-Urbana, IL | $790 | $800 | $940 | $1,200 | $1,270 |
| 61818 | Champaign-Urbana, IL | $670 | $670 | $790 | $1,000 | $1,110 |
| 61820 | Champaign-Urbana, IL | $890 | $890 | $1,050 | $1,350 | $1,420 |
| 61821 | Champaign-Urbana, IL | $850 | $860 | $1,010 | $1,290 | $1,370 |
| 61822 | Champaign-Urbana, IL | $1,080 | $1,090 | $1,280 | $1,640 | $1,740 |
| 61824 | Champaign-Urbana, IL | $830 | $840 | $990 | $1,270 | $1,340 |
| 61825 | Champaign-Urbana, IL | $830 | $840 | $990 | $1,270 | $1,340 |
| 61826 | Champaign-Urbana, IL | $830 | $840 | $990 | $1,270 | $1,340 |
| 61830 | Champaign-Urbana, IL | $710 | $720 | $850 | $1,100 | $1,160 |
| 61839 | Champaign-Urbana, IL | $710 | $710 | $840 | $1,080 | $1,140 |
| 61840 | Champaign-Urbana, IL | $950 | $960 | $1,130 | $1,450 | $1,530 |
| 61842 | Champaign-Urbana, IL | $700 | $770 | $930 | $1,260 | $1,450 |
| 61843 | Champaign-Urbana, IL | $700 | $700 | $830 | $1,100 | $1,330 |
| 61844 | Champaign-Urbana, IL | $670 | $670 | $850 | $1,100 | $1,150 |
| 61845 | Champaign-Urbana, IL | $680 | $690 | $820 | $1,100 | $1,330 |
| 61847 | Champaign-Urbana, IL | $670 | $670 | $790 | $1,020 | $1,110 |
| 61849 | Champaign-Urbana, IL | $700 | $700 | $840 | $1,080 | $1,140 |
| 61851 | Champaign-Urbana, IL | $740 | $740 | $880 | $1,120 | $1,190 |
| 61852 | Champaign-Urbana, IL | $770 | $780 | $920 | $1,180 | $1,250 |
| 61853 | Champaign-Urbana, IL | $940 | $940 | $1,110 | $1,420 | $1,510 |
| 61854 | Champaign-Urbana, IL | $790 | $800 | $940 | $1,200 | $1,330 |
| 61855 | Champaign-Urbana, IL | $700 | $700 | $830 | $1,070 | $1,120 |
| 61856 | Champaign-Urbana, IL | $910 | $920 | $1,080 | $1,380 | $1,460 |
| 61859 | Champaign-Urbana, IL | $940 | $950 | $1,120 | $1,440 | $1,520 |
| 61862 | Champaign-Urbana, IL | $670 | $670 | $790 | $1,000 | $1,110 |
| 61863 | Champaign-Urbana, IL | $920 | $920 | $1,090 | $1,400 | $1,480 |
| 61864 | Champaign-Urbana, IL | $780 | $790 | $930 | $1,190 | $1,260 |
| 61866 | Champaign-Urbana, IL | $730 | $740 | $870 | $1,110 | $1,180 |
| 61871 | Champaign-Urbana, IL | $860 | $870 | $1,020 | $1,310 | $1,390 |
| 61872 | Champaign-Urbana, IL | $670 | $680 | $800 | $1,020 | $1,110 |
| 61873 | Champaign-Urbana, IL | $760 | $760 | $900 | $1,150 | $1,220 |
| 61874 | Champaign-Urbana, IL | $810 | $810 | $960 | $1,230 | $1,300 |
| 61875 | Champaign-Urbana, IL | $830 | $840 | $990 | $1,270 | $1,340 |
| 61877 | Champaign-Urbana, IL | $850 | $860 | $1,010 | $1,290 | $1,370 |
| 61878 | Champaign-Urbana, IL | $670 | $670 | $790 | $1,000 | $1,110 |
| 61880 | Champaign-Urbana, IL | $670 | $670 | $790 | $1,000 | $1,110 |
| 61882 | Champaign-Urbana, IL | $670 | $670 | $830 | $1,160 | $1,190 |
| 61884 | Champaign-Urbana, IL | $670 | $670 | $790 | $1,000 | $1,110 |
| 61913 | Champaign-Urbana, IL | $730 | $740 | $870 | $1,110 | $1,180 |
| 61929 | Champaign-Urbana, IL | $670 | $670 | $790 | $1,000 | $1,110 |
| 61936 | Champaign-Urbana, IL | $670 | $670 | $790 | $1,000 | $1,110 |
| 61937 | Champaign-Urbana, IL | $670 | $680 | $830 | $1,130 | $1,170 |
| 61953 | Champaign-Urbana, IL | $830 | $840 | $990 | $1,270 | $1,340 |
| 61956 | Champaign-Urbana, IL | $670 | $680 | $800 | $1,020 | $1,110 |
2022 Average & Median Rent Data Statistics
CHAMPAIGN-URBANA, IL average 1BR rent: $769, median: $740
CHAMPAIGN-URBANA, IL average 2BR rent: $909, median: $875
CHAMPAIGN-URBANA, IL average 3BR rent: $1,171, median: $1,140
CHAMPAIGN-URBANA, IL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,803 | $774,105,000 | $276,170 |
| Refi | 627 | $224,455,000 | $357,982 |
| Cash Out Refi | 399 | $96,575,000 | $242,043 |
| Other | 211 | $17,215,000 | $81,588 |
| Home Improvement | 128 | $10,990,000 | $85,859 |
Champaign - Urbana's most frequently cited loan purpose was Home Purchase, with 2,803 originations. The 2nd most popular reason was Refi, with 627 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 1,017 | $202,155,000 | $198,776 |
| 4-5% | 941 | $227,715,000 | $241,993 |
| 3-4% | 791 | $359,525,000 | $454,520 |
| 6-7% | 452 | $71,150,000 | $157,412 |
| 2.5-3% | 215 | $77,645,000 | $361,140 |
| <2.5% | 138 | $66,000,000 | $478,261 |
| 7-8% | 109 | $15,425,000 | $141,514 |
| Over 8% | 83 | $4,295,000 | $51,747 |
During 2022, Champaign - Urbana's most frequently originated rate bucket was 5-6%, with 1,017 originations.
Loan Sizing (CHAMPAIGN-URBANA, IL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,656 | $240,420,000 | $145,181 |
| $100,000 or less | 1,143 | $72,315,000 | $63,268 |
| $200k-400k | 1,061 | $286,065,000 | $269,618 |
| $400k-600k | 177 | $83,935,000 | $474,209 |
| $Over $1MM | 71 | $396,465,000 | $5,584,014 |
| $600k-1000k | 60 | $44,140,000 | $735,667 |
CHAMPAIGN - URBANA's loan sizing saw the bucket of loans from $100k-200k with 1,656 originations, totaling $240,420,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,834 | $416,140,000 | $226,903 |
| 60-80% | 1,135 | $388,805,000 | $342,559 |
| 40-60% | 299 | $99,325,000 | $332,191 |
| 20-40% | 229 | $76,125,000 | $332,424 |
| Under 20% | 208 | $30,710,000 | $147,644 |
| Over 100% | 34 | $10,000,000 | $294,118 |
CHAMPAIGN - URBANA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,834 originations, totaling $416,140,000 in origination value.