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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
FLAT BRANCH MORTGAGE, INC. 300 3.15% $2,428
Hickory Point Bank and Trust 165 3.00% $1,634
PRIMELENDING, A PLAINSCAPITAL COMPANY 159 3.17% $2,459
UNIVERSITY OF ILLINOIS COMMUNITY 147 3.11% $1,788
First State Bank 142 2.91% $1,321
Wells Fargo Bank 134 3.03% $2,100
Marine Bank 130 2.73% $1,494
QUICKEN LOANS, LLC 125 3.13% $4,251
INB 121 3.05% $1,780
JPMorgan Chase Bank 106 3.06% $1,361
UNITED WHOLESALE MORTGAGE, LLC 89 2.91% $2,598
Midland States Bank 65 3.06% $2,372
GUARANTEED RATE, INC. 61 3.19% $3,174
PNC Bank 57 3.17% $2,369
Heartland Bank and Trust Company 44 3.21% $1,492
First Mid Bank & Trust 33 3.23% $1,718
Iroquois Federal Savings and Loan Association 26 3.12% $1,772
BETTER MORTGAGE CORPORATION 23 2.95% $2,339
FIRST STATE MORTGAGE SERVICES, LLC 22 3.07% $2,670
Prairie State Bank and Trust 22 2.91% $1,432
Flagstar Bank, FSB 21 3.11% $2,755
First Financial Bank 20 3.40% $2,223
Community Mortgage Banc Corporation 20 3.14% $2,379
AMERISAVE MORTGAGE CORPORATION 19 3.02% $4,236
U.S. Bank 17 3.10% $2,343
CALIBER HOME LOANS, INC. 15 3.15% $2,472
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 12 3.21% $2,991
FREEDOM MORTGAGE CORPORATION 12 3.12% $1,896
PENNYMAC LOAN SERVICES, LLC 12 3.16% $3,850
Mr. Cooper ( Nationstar Mortgage ) 11 3.23% $4,175
CITIZENS EQUITY FIRST 10 3.39% $1,344
The Huntington National Bank 10 3.04% $2,391
Petefish, Skiles & Co. 9 3.17% $3,479
DRAPER AND KRAMER MORTGAGE CORP. 9 2.96% $2,108
Regions Bank 9 3.21% $2,653
Chicago Mortgage Solutions LLC 8 2.92% $2,709
LOANDEPOT.COM, LLC 8 3.42% $4,158
HOME POINT FINANCIAL CORPORATION 8 3.22% $2,320
Bank of America 8 2.70% $2,775
Ally Bank 7 3.13% $2,687
NEWREZ LLC 7 3.18% $3,083
Morton Community Bank 7 3.14% $2,293
UNION HOME MORTGAGE CORP. 7 3.11% $3,712
COMPASS MORTGAGE, INC. 7 2.87% $3,128
Farm Credit Mid-America, ACA 7 3.54% $4,895
HOMESIDE FINANCIAL, LLC 6 3.04% $3,872
KELLER MORTGAGE, LLC 6 3.17% $2,860
CROSSCOUNTRY MORTGAGE, LLC 6 2.94% $3,969
Fifth Third Bank 6 3.04% $2,747
Credit Union 1 6 3.23% $3,307
Barrington Bank & Trust Company, N.A. 6 3.12% $2,714
BROKER SOLUTIONS, INC. 5 3.07% $3,495
CIBM Bank 5 2.88% $2,124
NAVY FEDERAL CREDIT UNION 5 3.10% $3,143
GUIDANCE RESIDENTIAL, LLC 5 3.23% $2,864
Town & Country Banc Mortgage Services, Inc. 5 3.05% $1,859
First Midwest Bank 4 3.00% $2,939
BLUELEAF LENDING, LLC 4 2.88% $2,281
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 4 3.00% $2,478
CHURCHILL MORTGAGE CORPORATION 4 3.56% $3,026
ENDEAVOR CAPITAL, LLC. 4 3.06% $2,992
Flanagan State Bank 4 3.28% $1,551
MUTUAL OF OMAHA MORTGAGE, INC. 4 3.37% $3,705
SOFI LENDING CORP. 4 2.94% $3,286
United Community Bank 4 3.12% $1,717
UIF CORPORATION 3 3.41% $6,755
MORIA DEVELOPMENT, INC. 3 3.54% $3,105
Carrington Mortgage Services, LLC 3 4.17% $4,452
AMERICAN FINANCING CORPORATION 3 3.33% $2,754
CBI Bank & Trust 3 3.29% $2,008
USAA Federal Savings Bank 3 2.96% $4,448
PLANET HOME LENDING, LLC 3 2.75% $1,958
Longview Bank & Trust 3 3.42% $3,212
IAA Credit Union 3 3.33% $1,991
Truist Bank 3 3.24% $3,031
Bank of England 3 2.92% $8,857
Think Mutual Bank 2 3.06% $4,014
Discover Bank 2 3.99% $0
AMERICAN PACIFIC MORTGAGE CORPORATION 2 2.94% $4,252
Northwest Federal Credit Union 2 2.94% $2,321
Deere Employees Credit Union 2 3.00% $3,056
MORTGAGE ACCESS CORP. 2 3.37% $3,469
AMERICAN FINANCIAL NETWORK, INC. 2 3.31% $6,019
FRONTIER FINANCIAL, INC. 2 3.13% $2,408
Bank of Pontiac 2 2.81% $1,746
Citibank 2 3.06% $2,735
GUARANTEED RATE AFFINITY, LLC 2 2.93% $1,556
V.I.P. MORTGAGE, INC. 2 3.00% $3,642
InterContinental Capital Group, Inc 2 2.63% $1,439
NATIONS RELIABLE LENDING, LLC 2 3.25% $4,186
Carrollton Bank 2 3.38% $2,393
DUPACO COMMUNITY 2 3.13% $4,404
STAR ONE CREDIT UNION 2 3.06% $1,817
FINANCE OF AMERICA MORTGAGE LLC 2 3.19% $2,535
MEMBER FIRST MORTGAGE, LLC 2 3.06% $3,700
AMERICAN PORTFOLIO MORTGAGE CORPORATION 2 3.56% $4,715
NexBank 1 3.13% $3,650
North American Savings Bank, F.S.B. 1 2.75% $857
Northpointe Bank 1 3.88% $1,286
Paramount Residential Mortgage Group, Inc. 1 2.75% $2,201
Capital Bank 1 2.99% $2,475
CANOPY MORTGAGE, LLC 1 2.99% $1,796
Platinum Home Mortgage Corporation 1 3.38% $2,289
Baxter Credit Union 1 3.13% $2,399
PROPER RATE, LLC 1 2.99% $2,111
Prosperity Home Mortgage, LLC 1 2.88% $2,225
PURDUE FEDERAL CREDIT UNION 1 3.25% $3,109
Bank-Fund Staff Federal Credit Union 1 2.75% $2,323
Aurora Financial, LLC 1 2.75% $2,093
ROYAL UNITED MORTGAGE LLC 1 3.25% $3,721
SCOTT CREDIT UNION 1 3.00% $2,255
Shamrock Home Loans, Inc. 1 3.00% $1,820
ALLTRU Federal Credit Union 1 3.63% $3,476
STEARNS LENDING, LLC 1 3.50% $2,690
Strong Home Mortgage, LLC 1 2.75% $1,748
The Central Trust Bank 1 2.88% $2,309
TOTAL MORTGAGE SERVICES, LLC 1 3.00% $752
TOWNE MORTGAGE COMPANY 1 3.38% $6,026
TRIAD FINANCIAL SERVICES, INC. 1 4.50% $5,106
AMERICAN INTERNET MORTGAGE, INC. 1 2.75% $1,808
Wyndham Capital Mortgage, Inc. 1 2.63% $1,033
AMERICAN FINANCE HOUSE LARIBA 1 2.94% $1,604
ADVANCIAL 1 3.25% $2,854
First Merchants Bank 1 3.00% $2,535
VAN DYK MORTGAGE CORPORATION 1 3.25% $2,835
Fortress Bank 1 3.00% $1,805
First Horizon Bank 1 3.25% $2,518
FIRST CENTENNIAL MORTGAGE CORPORATION 1 3.00% $2,363
GERSHMAN INVESTMENT CORP. 1 3.38% $2,200
Goodfield State Bank 1 3.25% $1,954
Great Southern Bank 1 3.09% $2,332
FirstBank 1 3.25% $2,275
First American Bank 1 3.00% $2,131
GUILD MORTGAGE COMPANY 1 3.13% $2,554
HANSCOM 1 3.13% $1,975
Fidelity Bank 1 2.88% $1,960
Evolve Bank & Trust 1 3.00% $2,151
HOMESTEAD FUNDING CORP. 1 2.50% $2,803
HOMEXPRESS MORTGAGE CORP. 1 6.13% $8,945
INLAND BANK & TRUST 1 3.13% $2,414
DIGITAL Federal Credit Union 1 2.88% $3,760
DELMAR FINANCIAL COMPANY 1 3.25% $2,638
KeyBank 1 3.25% $3,076
LEADERONE FINANCIAL CORPORATION 1 3.25% $2,372
LENDERFI, INC. 1 3.13% $1,460
LENDSURE MORTGAGE CORP. 1 5.38% $6,695
COMMUNITYAMERICA 1 3.13% $2,544
Manufacturers and Traders Trust Company 1 3.13% $2,629
City National Bank 1 2.50% $2,573
Morgan Stanley Private Bank 1 3.00% $2,184
Mortgage Research Center, LLC 1 2.88% $733
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 3.00% $10,087
CELEBRITY HOME LOANS, LLC 1 3.00% $8,771
MOVEMENT MORTGAGE, LLC 1 2.63% $2,394
Nations Lending Corporation 1 3.25% $2,509
NBKC BANK 1 2.75% $3,005
Neighborhood Loans, Inc. 1 3.50% $2,619

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.

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.