DAVENPORT - MOLINE - ROCK ISLAND Mortgage Rates
30 Year Fixed Rate mortgages in Davenport - Moline - Rock Island averaged
5.26%
for the week of 2022-05-12, compared to the national average of
5.3% for the same period.
The average rate for the prior week (2022-05-05) was
5.53% and
one month ago for the week of 2022-04-07, the
average rate was 4.78%.
Davenport - Moline - Rock Island's average rate one year ago was 3.08%.
For refis of the same type during the week of 2022-05-12, the average rate
was 5.26%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2022-05-12 | 5.3% |
Davenport - Moline - Rock Island 30 Year Fixed Rate | 2022-05-12 | 5.26% |
Davenport - Moline - Rock Island 30 Year Fixed Rate Refi | 2022-05-12 | 5.26% |
Davenport - Moline - Rock Island 15 Year Fixed Rate | 2022-05-12 | 5.03% |
Davenport - Moline - Rock Island 15 Year Fixed Rate Refi | 2022-05-12 | 4.28% |
Davenport - Moline - Rock Island 30 Year FHA | 2022-05-12 | 5.58% |
Davenport - Moline - Rock Island 30 Year FHA Refi | 2022-05-12 | 5.58% |
Davenport - Moline - Rock Island 30 Year USDA | 2022-05-12 | 5.59% |
Davenport - Moline - Rock Island 30 Year USDA Refi | 2022-05-12 | 5.27% |
Davenport - Moline - Rock Island 30 Year VA | 2022-05-12 | 5.42% |
Davenport - Moline - Rock Island 30 Year VA Refi | 2022-05-12 | 4.93% |
DAVENPORT - MOLINE - ROCK ISLAND 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 DAVENPORT-MOLINE-ROCK ISLAND, IA-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.).
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL's 199 lenders originated 16,541
loans during 2021. The total origination value was $2,820,925,000, with an average loan value of
$170,541.
The top DAVENPORT - MOLINE - ROCK ISLAND lender as defined by loan originations is GREENSTATE CREDIT UNION, with
1,007 loans originated. Their average total fees are
$1,817, which is $18
lower than the next largest lender,
I. H. MISSISSIPPI VALLEY CREDIT UNION.
The lowest fee DAVENPORT - MOLINE - ROCK ISLAND lenders (with over 10 loans originated) are
Collins Community Credit Union ($1,493), Central Bank Illinois ($1,600), JPMorgan Chase Bank ($1,789), RUHL MORTGAGE, LLC ($1,801) and Fortress Bank ($1,805).
The lowest rate DAVENPORT - MOLINE - ROCK ISLAND lenders (with over 10 loans originated) are
Deere Employees Credit Union (2.53%), BETTER MORTGAGE CORPORATION (2.80%), RUHL MORTGAGE, LLC (2.81%), IOWA BANKERS MORTGAGE CORPORATION (2.83%) and I. H. MISSISSIPPI VALLEY CREDIT UNION (2.83%).
DAVENPORT-MOLINE-ROCK ISLAND, IA-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 |
---|---|---|---|---|
GREENSTATE CREDIT UNION | $284,765,000 | $303,015,000 | 6.4% | 10.7% |
I. H. MISSISSIPPI VALLEY CREDIT UNION | $252,995,000 | $232,245,000 | -8.2% | 8.2% |
RUHL MORTGAGE, LLC | $200,025,000 | $163,365,000 | -18.3% | 5.8% |
Vibrant Credit Union | $151,425,000 | $106,360,000 | -29.8% | 3.8% |
HOMESIDE FINANCIAL, LLC | $124,200,000 | $104,820,000 | -15.6% | 3.7% |
Deere Employees Credit Union | $120,050,000 | $103,445,000 | -13.8% | 3.7% |
QUICKEN LOANS, LLC | $89,515,000 | $97,665,000 | 9.1% | 3.5% |
U.S. Bank | $68,870,000 | $84,510,000 | 22.7% | 3.0% |
ASCENTRA | $116,915,000 | $83,015,000 | -29.0% | 2.9% |
BROKER SOLUTIONS, INC. | $79,625,000 | $74,740,000 | -6.1% | 2.6% |
CALIBER HOME LOANS, INC. | $48,420,000 | $74,110,000 | 53.1% | 2.6% |
American Bank and Trust Company | $113,235,000 | $63,490,000 | -43.9% | 2.3% |
DuTrac Community Credit Union | $54,930,000 | $55,565,000 | 1.2% | 2.0% |
Wells Fargo Bank | $83,645,000 | $54,990,000 | -34.3% | 1.9% |
SENB Bank | $81,600,000 | $52,555,000 | -35.6% | 1.9% |
First Central State Bank | $38,785,000 | $46,660,000 | 20.3% | 1.7% |
BANKORION | $44,115,000 | $43,225,000 | -2.0% | 1.5% |
Blackhawk Bank & Trust | $88,695,000 | $43,145,000 | -51.4% | 1.5% |
FREEDOM MORTGAGE CORPORATION | $45,460,000 | $42,300,000 | -7.0% | 1.5% |
Quad City Bank and Trust Company | $48,785,000 | $41,445,000 | -15.0% | 1.5% |
Collins Community Credit Union | $3,825,000 | $39,665,000 | 937.0% | 1.4% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $35,210,000 | $33,715,000 | -4.2% | 1.2% |
Grandbridge Real Estate Capital LLC | $5,465,000 | $32,970,000 | 503.3% | 1.2% |
Security National Bank of Omaha | $28,925,000 | n/a | 1.0% | |
CBI Bank & Trust | $25,340,000 | $27,540,000 | 8.7% | 1.0% |
Mortgage Research Center, LLC | $24,135,000 | $26,890,000 | 11.4% | 1.0% |
LOANDEPOT.COM, LLC | $17,595,000 | $25,705,000 | 46.1% | 0.9% |
R.I.A. Federal Credit Union | $35,800,000 | $25,105,000 | -29.9% | 0.9% |
THE FAMILY CREDIT UNION | $22,785,000 | $21,750,000 | -4.5% | 0.8% |
INB | $20,870,000 | n/a | 0.7% | |
First Midwest Bank | $15,670,000 | $20,480,000 | 30.7% | 0.7% |
BNC National Bank | $18,820,000 | $19,215,000 | 2.1% | 0.7% |
NEWREZ LLC | $9,310,000 | $18,725,000 | 101.1% | 0.7% |
Cedar Rapids Bank and Trust Company | $18,105,000 | n/a | 0.6% | |
Arbor Realty Trust, Inc. | $10,305,000 | $18,065,000 | 75.3% | 0.6% |
GUARANTEED RATE, INC. | $18,705,000 | $17,025,000 | -9.0% | 0.6% |
UNITED WHOLESALE MORTGAGE, LLC | $14,620,000 | $16,960,000 | 16.0% | 0.6% |
Midwest Bank | $16,220,000 | $16,290,000 | 0.4% | 0.6% |
Mr. Cooper ( Nationstar Mortgage ) | $13,695,000 | $16,195,000 | 18.3% | 0.6% |
Great Southern Bank | $20,745,000 | $15,660,000 | -24.5% | 0.6% |
Fortress Bank | $27,475,000 | $14,965,000 | -45.5% | 0.5% |
KeyBank | $335,000 | $13,890,000 | 4,046.3% | 0.5% |
PENNYMAC LOAN SERVICES, LLC | $7,875,000 | $13,860,000 | 76.0% | 0.5% |
Servion, Inc. | $13,915,000 | $13,530,000 | -2.8% | 0.5% |
Central Bank Illinois | $33,525,000 | $13,225,000 | -60.6% | 0.5% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $15,375,000 | $12,470,000 | -18.9% | 0.4% |
Blue Grass Savings Bank | $9,340,000 | $11,740,000 | 25.7% | 0.4% |
SUCCESS MORTGAGE PARTNERS, INC. | $8,420,000 | $11,670,000 | 38.6% | 0.4% |
JPMorgan Chase Bank | $10,425,000 | $11,520,000 | 10.5% | 0.4% |
Dubuque Bank and Trust Company | $6,970,000 | $11,320,000 | 62.4% | 0.4% |
BETTER MORTGAGE CORPORATION | $2,380,000 | $9,985,000 | 319.5% | 0.4% |
WALKER & DUNLOP, LLC | $9,845,000 | n/a | 0.3% | |
Flanagan State Bank | $9,210,000 | $9,835,000 | 6.8% | 0.3% |
Farmers National Bank | $25,370,000 | $9,525,000 | -62.5% | 0.3% |
Lincoln Savings Bank | $1,165,000 | $9,480,000 | 713.7% | 0.3% |
GAS AND ELECTRIC CREDIT UNION | $11,890,000 | $8,455,000 | -28.9% | 0.3% |
AMERISAVE MORTGAGE CORPORATION | $6,650,000 | $8,190,000 | 23.2% | 0.3% |
HOME POINT FINANCIAL CORPORATION | $4,195,000 | $7,725,000 | 84.1% | 0.3% |
USAA Federal Savings Bank | $7,415,000 | $7,710,000 | 4.0% | 0.3% |
TBK BANK, SSB | $7,500,000 | $7,460,000 | -0.5% | 0.3% |
NAVY FEDERAL CREDIT UNION | $5,530,000 | $7,420,000 | 34.2% | 0.3% |
Baxter Credit Union | $85,000 | $7,340,000 | 8,535.3% | 0.3% |
LAKEVIEW LOAN SERVICING, LLC | $3,730,000 | $7,040,000 | 88.7% | 0.2% |
PLAZA HOME MORTGAGE, INC. | $7,635,000 | $6,825,000 | -10.6% | 0.2% |
Community Mortgage Banc Corporation | $7,185,000 | $6,505,000 | -9.5% | 0.2% |
Flagstar Bank, FSB | $6,465,000 | $6,505,000 | 0.6% | 0.2% |
COMPEER FINANCIAL, FLCA | $6,955,000 | $6,175,000 | -11.2% | 0.2% |
IOWA BANKERS MORTGAGE CORPORATION | $19,530,000 | $5,790,000 | -70.4% | 0.2% |
GUILD MORTGAGE COMPANY | $8,745,000 | $5,720,000 | -34.6% | 0.2% |
KELLER MORTGAGE, LLC | $2,175,000 | $5,505,000 | 153.1% | 0.2% |
Bank of America | $4,865,000 | $5,495,000 | 12.9% | 0.2% |
Union Federal Savings and Loan Association | $3,910,000 | $5,310,000 | 35.8% | 0.2% |
NEW DAY FINANCIAL, LLC | $5,090,000 | $4,940,000 | -2.9% | 0.2% |
GREYSTONE SERVICING COMPANY LLC | $4,355,000 | n/a | 0.2% | |
Two Rivers Bank & Trust | $3,755,000 | $4,230,000 | 12.6% | 0.1% |
LIMA ONE CAPITAL, LLC | $2,430,000 | $4,205,000 | 73.0% | 0.1% |
MICHIGAN MUTUAL, INC. | $7,805,000 | $3,990,000 | -48.9% | 0.1% |
VILLAGE CAPITAL & INVESTMENT LLC | $2,760,000 | $3,965,000 | 43.7% | 0.1% |
Carrington Mortgage Services, LLC | $6,620,000 | $3,875,000 | -41.5% | 0.1% |
The Federal Savings Bank | $5,355,000 | $3,620,000 | -32.4% | 0.1% |
MARINE | $2,985,000 | $3,580,000 | 19.9% | 0.1% |
DUPACO COMMUNITY | $4,530,000 | $3,350,000 | -26.0% | 0.1% |
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $3,245,000 | n/a | 0.1% | |
VERIDIAN CREDIT UNION | $4,420,000 | $3,220,000 | -27.1% | 0.1% |
PNC Bank | $2,350,000 | $3,115,000 | 32.6% | 0.1% |
CROSSCOUNTRY MORTGAGE, LLC | $815,000 | $3,050,000 | 274.2% | 0.1% |
Farm Credit Mid-America, ACA | $1,155,000 | $2,980,000 | 158.0% | 0.1% |
MUTUAL OF OMAHA MORTGAGE, INC. | $4,475,000 | $2,730,000 | -39.0% | 0.1% |
CHERRY CREEK MORTGAGE, LLC | $1,560,000 | $2,640,000 | 69.2% | 0.1% |
NBKC BANK | $825,000 | $2,625,000 | 218.2% | 0.1% |
ROYAL UNITED MORTGAGE LLC | $2,155,000 | $2,550,000 | 18.3% | 0.1% |
Paramount Residential Mortgage Group, Inc. | $1,445,000 | $2,535,000 | 75.4% | 0.1% |
UNION HOME MORTGAGE CORP. | $2,455,000 | n/a | 0.1% | |
Morton Community Bank | $7,490,000 | $2,440,000 | -67.4% | 0.1% |
First Mid Bank & Trust | $530,000 | $2,345,000 | 342.5% | 0.1% |
Central State Bank | $395,000 | $2,255,000 | 470.9% | 0.1% |
InterContinental Capital Group, Inc | $695,000 | $2,245,000 | 223.0% | 0.1% |
PROPER RATE, LLC | $2,220,000 | n/a | 0.1% | |
Barrington Bank & Trust Company, N.A. | $3,155,000 | $2,195,000 | -30.4% | 0.1% |
AMERICAN FINANCING CORPORATION | $1,315,000 | $2,185,000 | 66.2% | 0.1% |
AMERICAN FINANCIAL NETWORK, INC. | $1,400,000 | $2,140,000 | 52.9% | 0.1% |
Low VA Rates, LLC | $2,085,000 | $1,915,000 | -8.2% | 0.1% |
GERSHMAN INVESTMENT CORP. | $1,265,000 | $1,885,000 | 49.0% | 0.1% |
Midwest Heritage Bank FSB | $3,625,000 | $1,875,000 | -48.3% | 0.1% |
TRIAD FINANCIAL SERVICES, INC. | $1,735,000 | $1,760,000 | 1.4% | 0.1% |
CLEARPATH LENDING | $1,315,000 | $1,655,000 | 25.9% | 0.1% |
Luana Savings Bank | $1,510,000 | $1,610,000 | 6.6% | 0.1% |
SOFI LENDING CORP. | $660,000 | $1,595,000 | 141.7% | 0.1% |
Northpointe Bank | $695,000 | $1,590,000 | 128.8% | 0.1% |
SIRVA MORTGAGE, INC. | $1,320,000 | $1,560,000 | 18.2% | 0.1% |
Hills Bank and Trust Company | $710,000 | $1,555,000 | 119.0% | 0.1% |
The Huntington National Bank | $640,000 | $1,555,000 | 143.0% | 0.1% |
AmeriHome Mortgage Company, LLC | $1,085,000 | $1,470,000 | 35.5% | 0.1% |
DRAPER AND KRAMER MORTGAGE CORP. | $705,000 | $1,455,000 | 106.4% | 0.1% |
Fifth Third Bank | $145,000 | $1,455,000 | 903.4% | 0.1% |
NP, Inc. | $480,000 | $1,420,000 | 195.8% | 0.1% |
PENTAGON FEDERAL CREDIT UNION | $1,290,000 | $1,400,000 | 8.5% | 0.0% |
MidWestOne Bank | $3,005,000 | $1,385,000 | -53.9% | 0.0% |
V.I.P. MORTGAGE, INC. | $155,000 | $1,385,000 | 793.5% | 0.0% |
Sauk Valley Bank & Trust Company | $2,020,000 | $1,355,000 | -32.9% | 0.0% |
FirstBank | $735,000 | $1,340,000 | 82.3% | 0.0% |
INSPIRE HOME LOANS INC. | $890,000 | $1,340,000 | 50.6% | 0.0% |
FINANCE OF AMERICA MORTGAGE LLC | $3,365,000 | $1,315,000 | -60.9% | 0.0% |
Associated Bank | $195,000 | $1,235,000 | 533.3% | 0.0% |
ZILLOW HOME LOANS, LLC | $300,000 | $1,220,000 | 306.7% | 0.0% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $860,000 | $1,215,000 | 41.3% | 0.0% |
Bank of Pontiac | $1,205,000 | n/a | 0.0% | |
BankIowa of Cedar Rapids | $355,000 | $1,195,000 | 236.6% | 0.0% |
Community Savings Bank | $1,145,000 | $1,195,000 | 4.4% | 0.0% |
Truist Bank | $1,265,000 | $1,175,000 | -7.1% | 0.0% |
River Bank | $1,135,000 | n/a | 0.0% | |
First Guaranty Mortgage Corporation | $905,000 | $1,120,000 | 23.8% | 0.0% |
Ixonia Bank | $560,000 | $1,110,000 | 98.2% | 0.0% |
Northwest Bank & Trust Company | $680,000 | $1,110,000 | 63.2% | 0.0% |
GENEVA FINANCIAL, LLC | $160,000 | $1,085,000 | 578.1% | 0.0% |
BLUELEAF LENDING, LLC | $985,000 | $1,080,000 | 9.6% | 0.0% |
Citizens Bank | $640,000 | $1,015,000 | 58.6% | 0.0% |
MOVEMENT MORTGAGE, LLC | $105,000 | $1,015,000 | 866.7% | 0.0% |
PREMIA MORTGAGE, LLC | $1,095,000 | $1,015,000 | -7.3% | 0.0% |
SOUTHWEST FUNDING, LP | $585,000 | $905,000 | 54.7% | 0.0% |
CITIZENS EQUITY FIRST | $1,335,000 | $890,000 | -33.3% | 0.0% |
Stifel Bank and Trust | $1,655,000 | $850,000 | -48.6% | 0.0% |
OCEANSIDE MORTGAGE COMPANY | $145,000 | $835,000 | 475.9% | 0.0% |
RESIDENTIAL MORTGAGE NETWORK, INC. | $1,305,000 | $805,000 | -38.3% | 0.0% |
Regions Bank | $1,630,000 | $800,000 | -50.9% | 0.0% |
PHH Mortgage Corporation | $770,000 | $790,000 | 2.6% | 0.0% |
COREVEST AMERICAN FINANCE LENDER LLC | $785,000 | n/a | 0.0% | |
INLANTA MORTGAGE, INC. | $810,000 | $785,000 | -3.1% | 0.0% |
Ally Bank | $75,000 | $770,000 | 926.7% | 0.0% |
Neighborhood Loans, Inc. | $485,000 | $770,000 | 58.8% | 0.0% |
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $545,000 | $765,000 | 40.4% | 0.0% |
Axos Bank | $905,000 | $730,000 | -19.3% | 0.0% |
UBS Bank USA | $1,005,000 | $725,000 | -27.9% | 0.0% |
First Internet Bank of Indiana | $710,000 | n/a | 0.0% | |
Gateway First Bank | $920,000 | $710,000 | -22.8% | 0.0% |
First Home Bank | $175,000 | $705,000 | 302.9% | 0.0% |
Morgan Stanley Private Bank | $205,000 | $705,000 | 243.9% | 0.0% |
SUN WEST MORTGAGE COMPANY, INC. | $1,040,000 | $670,000 | -35.6% | 0.0% |
CHURCHILL MORTGAGE CORPORATION | $990,000 | $655,000 | -33.8% | 0.0% |
Farmers-Merchants Bank of Illinois | $1,805,000 | $655,000 | -63.7% | 0.0% |
LINN AREA | $645,000 | n/a | 0.0% | |
FIRST STATE MORTGAGE SERVICES, LLC | $820,000 | $630,000 | -23.2% | 0.0% |
ENDEAVOR CAPITAL, LLC. | $495,000 | $625,000 | 26.3% | 0.0% |
Ohnward Bank & Trust | $610,000 | n/a | 0.0% | |
North American Savings Bank, F.S.B. | $710,000 | $605,000 | -14.8% | 0.0% |
Paramount Bank | $600,000 | n/a | 0.0% | |
The Union Bank Company | $245,000 | $600,000 | 144.9% | 0.0% |
EVERETT FINANCIAL, INC. | $675,000 | $580,000 | -14.1% | 0.0% |
Manufacturers and Traders Trust Company | $560,000 | n/a | 0.0% | |
Service Federal Credit Union | $125,000 | $545,000 | 336.0% | 0.0% |
United Community Bank | $265,000 | $545,000 | 105.7% | 0.0% |
21ST MORTGAGE CORPORATION | $480,000 | $530,000 | 10.4% | 0.0% |
COMPASS MORTGAGE, INC. | $315,000 | $495,000 | 57.1% | 0.0% |
FIRST COMMUNITY MORTGAGE, INC. | $475,000 | $490,000 | 3.2% | 0.0% |
First National Bank of Omaha | $855,000 | $475,000 | -44.4% | 0.0% |
Magnolia Bank | $1,045,000 | $475,000 | -54.5% | 0.0% |
Ottawa Savings Bank | $335,000 | $465,000 | 38.8% | 0.0% |
Armed Forces Bank | $455,000 | n/a | 0.0% | |
Figure Lending LLC | $115,000 | $445,000 | 287.0% | 0.0% |
TOWNE MORTGAGE COMPANY | $1,035,000 | $445,000 | -57.0% | 0.0% |
Lakeview Community Capital, LLC | $195,000 | $440,000 | 125.6% | 0.0% |
Wyndham Capital Mortgage, Inc. | $440,000 | n/a | 0.0% | |
Northwest Bank | $790,000 | $430,000 | -45.6% | 0.0% |
Plains Commerce Bank | $1,910,000 | $430,000 | -77.5% | 0.0% |
PLANET HOME LENDING, LLC | $825,000 | $425,000 | -48.5% | 0.0% |
Availa Bank | $115,000 | $420,000 | 265.2% | 0.0% |
CRESCENT MORTGAGE COMPANY | $145,000 | $420,000 | 189.7% | 0.0% |
First Bankers Trust Company | $420,000 | n/a | 0.0% | |
HOMESERVICES LENDING, LLC | $1,135,000 | $415,000 | -63.4% | 0.0% |
TOTAL MORTGAGE SERVICES, LLC | $390,000 | n/a | 0.0% | |
ALLIANT CREDIT UNION | $85,000 | $385,000 | 352.9% | 0.0% |
EMM LOANS LLC | $385,000 | n/a | 0.0% | |
Blackhawk Bank | $190,000 | $380,000 | 100.0% | 0.0% |
BMO Harris Bank | $380,000 | n/a | 0.0% | |
WINGS FINANCIAL | $375,000 | n/a | 0.0% | |
First Federal Savings Bank | $155,000 | $370,000 | 138.7% | 0.0% |
AMERICAN FINANCE HOUSE LARIBA | $1,055,000 | $365,000 | -65.4% | 0.0% |
ANGEL OAK HOME LOANS LLC | $355,000 | n/a | 0.0% | |
NETWORK CAPITAL FUNDING CORPORATION | $350,000 | n/a | 0.0% | |
DELMAR FINANCIAL COMPANY | $595,000 | $345,000 | -42.0% | 0.0% |
AMERICAN ADVISORS GROUP | $280,000 | $340,000 | 21.4% | 0.0% |
LEADERONE FINANCIAL CORPORATION | $85,000 | $340,000 | 300.0% | 0.0% |
Waterstone Mortgage Corporation | $395,000 | $340,000 | -13.9% | 0.0% |
CELEBRITY HOME LOANS, LLC | $335,000 | n/a | 0.0% | |
West Gate Bank | $335,000 | n/a | 0.0% | |
TOGETHER CREDIT UNION | $395,000 | $320,000 | -19.0% | 0.0% |
American Airlines Federal Credit Union | $165,000 | $310,000 | 87.9% | 0.0% |
First State Bank and Trust | $305,000 | n/a | 0.0% | |
Florida Capital Bank | $185,000 | $305,000 | 64.9% | 0.0% |
HOMESTEAD FUNDING CORP. | $325,000 | $305,000 | -6.2% | 0.0% |
Raccoon Valley Bank | $1,365,000 | $305,000 | -77.7% | 0.0% |
THOMPSON KANE & COMPANY, LLC | $610,000 | $305,000 | -50.0% | 0.0% |
CMG MORTGAGE, INC. | $115,000 | $300,000 | 160.9% | 0.0% |
ACCELERATE MORTGAGE, LLC | $1,050,000 | $295,000 | -71.9% | 0.0% |
Fidelity Bank & Trust | $9,305,000 | $295,000 | -96.8% | 0.0% |
HSBC BANK USA, NATIONAL ASSOCIATION | $295,000 | n/a | 0.0% | |
ANGEL OAK MORTGAGE SOLUTIONS LLC | $515,000 | $290,000 | -43.7% | 0.0% |
FLAT BRANCH MORTGAGE, INC. | $320,000 | $285,000 | -10.9% | 0.0% |
LAKE MICHIGAN CREDIT UNION | $285,000 | n/a | 0.0% | |
First Federal Bank | $380,000 | $280,000 | -26.3% | 0.0% |
NATIONS RELIABLE LENDING, LLC | $280,000 | n/a | 0.0% | |
OPEN MORTGAGE, LLC | $220,000 | $280,000 | 27.3% | 0.0% |
GUIDANCE RESIDENTIAL, LLC | $125,000 | $275,000 | 120.0% | 0.0% |
Texana Bank | $135,000 | $275,000 | 103.7% | 0.0% |
Tyndall Federal Credit Union | $335,000 | $275,000 | -17.9% | 0.0% |
Allied First Bank,sb | $65,000 | $270,000 | 315.4% | 0.0% |
AMERICAN FEDERAL MORTGAGE CORPORATION | $265,000 | n/a | 0.0% | |
First Federal Bank of Kansas City | $265,000 | n/a | 0.0% | |
LENOX FINANCIAL MORTGAGE CORPORATION | $265,000 | n/a | 0.0% | |
The Central Trust Bank | $165,000 | $265,000 | 60.6% | 0.0% |
First State Bank | $135,000 | $255,000 | 88.9% | 0.0% |
LOANSNAP, INC. | $255,000 | n/a | 0.0% | |
Stillman BancCorp N.A. | $205,000 | $255,000 | 24.4% | 0.0% |
Town & Country Banc Mortgage Services, Inc. | $55,000 | $255,000 | 363.6% | 0.0% |
Heartland Bank and Trust Company | $165,000 | $250,000 | 51.5% | 0.0% |
FIRST CENTENNIAL MORTGAGE CORPORATION | $1,165,000 | $240,000 | -79.4% | 0.0% |
Bank of the West | $235,000 | n/a | 0.0% | |
Midwest Community Bank | $235,000 | n/a | 0.0% | |
Triumph Bank | $155,000 | $235,000 | 51.6% | 0.0% |
First International Bank & Trust | $230,000 | n/a | 0.0% | |
First National Bank of America | $305,000 | $230,000 | -24.6% | 0.0% |
Renasant Bank | $225,000 | n/a | 0.0% | |
TCF National Bank | $770,000 | $225,000 | -70.8% | 0.0% |
First National Bank | $935,000 | $210,000 | -77.5% | 0.0% |
Old Second National Bank | $195,000 | $210,000 | 7.7% | 0.0% |
Central Bank | $185,000 | $205,000 | 10.8% | 0.0% |
Citibank | $155,000 | $205,000 | 32.3% | 0.0% |
Colonial Savings, F.A. | $205,000 | n/a | 0.0% | |
EVANSVILLE TEACHERS | $205,000 | n/a | 0.0% | |
LIBERTY HOME MORTGAGE CORPORATION | $95,000 | $205,000 | 115.8% | 0.0% |
SOVEREIGN LENDING GROUP INCORPORATED | $600,000 | $205,000 | -65.8% | 0.0% |
Third Federal Savings and Loan Association of Cleveland | $240,000 | $205,000 | -14.6% | 0.0% |
TOWN AND COUNTRY Credit Union | $205,000 | n/a | 0.0% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $200,000 | n/a | 0.0% | |
Chicago Mortgage Solutions LLC | $370,000 | $200,000 | -45.9% | 0.0% |
BAYSHORE MORTGAGE FUNDING, LLC | $195,000 | n/a | 0.0% | |
Farmers & Merchants Savings Bank | $195,000 | n/a | 0.0% | |
AMERICAN PORTFOLIO MORTGAGE CORPORATION | $505,000 | $190,000 | -62.4% | 0.0% |
ON Q FINANCIAL, INC. | $190,000 | n/a | 0.0% | |
UNIVERSITY CREDIT UNION | $190,000 | n/a | 0.0% | |
DAS Acquisition Company, LLC | $735,000 | $185,000 | -74.8% | 0.0% |
SOUTHWEST STAGE FUNDING, LLC | $185,000 | n/a | 0.0% | |
ENVOY MORTGAGE, LTD | $180,000 | n/a | 0.0% | |
SECURITYNATIONAL MORTGAGE COMPANY | $1,005,000 | $180,000 | -82.1% | 0.0% |
CHARTER WEST BANK | $175,000 | n/a | 0.0% | |
Mid-Continent Funding, Inc. | $175,000 | n/a | 0.0% | |
MORIA DEVELOPMENT, INC. | $175,000 | n/a | 0.0% | |
THRIVE MORTGAGE, LLC | $175,000 | n/a | 0.0% | |
FINANCE OF AMERICA REVERSE LLC | $115,000 | $170,000 | 47.8% | 0.0% |
DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $65,000 | $165,000 | 153.8% | 0.0% |
Fidelity Bank | $165,000 | n/a | 0.0% | |
Hometown Lenders, Inc. | $165,000 | n/a | 0.0% | |
Prosperity Home Mortgage, LLC | $370,000 | $165,000 | -55.4% | 0.0% |
RUOFF MORTGAGE COMPANY, INC. | $165,000 | n/a | 0.0% | |
TIAA, FSB | $650,000 | $165,000 | -74.6% | 0.0% |
Ameris Bank | $650,000 | $155,000 | -76.2% | 0.0% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $655,000 | $155,000 | -76.3% | 0.0% |
Arvest Bank | $145,000 | n/a | 0.0% | |
RESIDENTIAL BANCORP. | $145,000 | n/a | 0.0% | |
UIF CORPORATION | $145,000 | n/a | 0.0% | |
Key Mortgage Services, Inc. | $135,000 | n/a | 0.0% | |
Petefish, Skiles & Co. | $615,000 | $135,000 | -78.0% | 0.0% |
RANLIFE, INC. | $135,000 | n/a | 0.0% | |
Carrollton Bank | $130,000 | n/a | 0.0% | |
Amerifirst Financial, Inc. | $125,000 | n/a | 0.0% | |
Bank of England | $885,000 | $125,000 | -85.9% | 0.0% |
IAA Credit Union | $125,000 | n/a | 0.0% | |
ILLINOIS STATE CREDIT UNION | $125,000 | n/a | 0.0% | |
LAND HOME FINANCIAL SERVICES, INC. | $665,000 | $125,000 | -81.2% | 0.0% |
LOS ANGELES POLICE Federal Credit Union | $125,000 | n/a | 0.0% | |
Republic Bank & Trust Company | $125,000 | n/a | 0.0% | |
INLAND BANK & TRUST | $120,000 | n/a | 0.0% | |
ALLIANT | $205,000 | $115,000 | -43.9% | 0.0% |
T2 FINANCIAL LLC | $115,000 | n/a | 0.0% | |
Midland States Bank | $530,000 | $110,000 | -79.2% | 0.0% |
Citizens State Bank of La Crosse | $105,000 | n/a | 0.0% | |
Elements Financial Federal Credit Union | $105,000 | n/a | 0.0% | |
First Bank | $95,000 | n/a | 0.0% | |
Honor Credit Union | $95,000 | n/a | 0.0% | |
Merchants Bank of Indiana | $95,000 | n/a | 0.0% | |
Resource Bank, N.A. | $95,000 | n/a | 0.0% | |
The Park National Bank | $95,000 | n/a | 0.0% | |
CIBC Bank USA | $85,000 | n/a | 0.0% | |
Community Choice Credit Union | $130,000 | $85,000 | -34.6% | 0.0% |
Nations Lending Corporation | $175,000 | $85,000 | -51.4% | 0.0% |
Woodford State Bank | $85,000 | n/a | 0.0% | |
Home Loan Investment Bank, F.S.B. | $50,000 | $75,000 | 50.0% | 0.0% |
Lake Area Bank | $75,000 | n/a | 0.0% | |
NATIONS DIRECT MORTGAGE, LLC | $65,000 | n/a | 0.0% | |
Peoples Bank | $65,000 | n/a | 0.0% | |
STEARNS LENDING, LLC | $65,000 | n/a | 0.0% | |
Oxford Bank & Trust | $50,000 | $60,000 | 20.0% | 0.0% |
American National Bank | $55,000 | n/a | 0.0% | |
Discover Bank | $70,000 | $55,000 | -21.4% | 0.0% |
First Trust Bank of Illinois | $55,000 | n/a | 0.0% | |
SPRING EQ, LLC | $700,000 | $55,000 | -92.1% | 0.0% |
The Dart Bank | $55,000 | n/a | 0.0% |
DAVENPORT - MOLINE - ROCK ISLAND's top lender by overall market share is GREENSTATE CREDIT UNION, with 10.7% market share. In second place, with 8.2%, is I. H. MISSISSIPPI VALLEY CREDIT UNION, having originated $232,245,000 in loans. In third place, with 5.8%, is RUHL MORTGAGE, LLC, having originated $163,365,000 in loans. In third place, with 3.8%, is Vibrant Credit Union, having originated $106,360,000 in loans. In third place, with 3.7%, is HOMESIDE FINANCIAL, LLC, having originated $104,820,000 in loans.
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 7,289 | $1,367,975,000 | $187,677 |
Refi | 5,739 | $983,935,000 | $171,447 |
Cash Out Refi | 2,521 | $394,855,000 | $156,626 |
Home Improvement | 550 | $32,800,000 | $59,636 |
Other | 441 | $38,115,000 | $86,429 |
NA | 1 | $3,245,000 | $3,245,000 |
Davenport - Moline - Rock Island's most frequently cited loan purpose was Home Purchase, with 7,289 originations. The 2nd most popular reason was Refi, with 5,739 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
2.5-3% | 5,754 | $1,029,940,000 | $178,995 |
3-4% | 4,587 | $743,425,000 | $162,072 |
<2.5% | 3,704 | $667,570,000 | $180,229 |
4-5% | 725 | $71,885,000 | $99,152 |
5-6% | 160 | $8,340,000 | $52,125 |
6-7% | 74 | $6,680,000 | $90,270 |
7-8% | 72 | $3,370,000 | $46,806 |
Over 8% | 51 | $2,685,000 | $52,647 |
During 2021, Davenport - Moline - Rock Island's most frequently originated rate bucket was 2.5-3%, with 5,754 originations.
Loan Sizing (DAVENPORT-MOLINE-ROCK ISLAND, IA-IL MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 6,774 | $960,700,000 | $141,822 |
$100,000 or less | 5,591 | $343,055,000 | $61,358 |
$200k-400k | 3,500 | $945,530,000 | $270,151 |
$400k-600k | 529 | $250,155,000 | $472,883 |
$600k-1000k | 90 | $67,200,000 | $746,667 |
$Over $1MM | 57 | $254,285,000 | $4,461,140 |
DAVENPORT - MOLINE - ROCK ISLAND's loan sizing saw the bucket of loans from $100k-200k with 6,774 originations, totaling $960,700,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 6,214 | $1,139,600,000 | $183,392 |
60-80% | 4,796 | $940,300,000 | $196,059 |
40-60% | 1,510 | $224,550,000 | $148,709 |
Under 20% | 1,126 | $39,860,000 | $35,400 |
20-40% | 848 | $72,790,000 | $85,837 |
Over 100% | 142 | $44,980,000 | $316,761 |
DAVENPORT - MOLINE - ROCK ISLAND's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 6,214 originations, totaling $1,139,600,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - DAVENPORT - MOLINE - ROCK ISLAND (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $142,000 (4.3%) | $205,677 (6.7%) | 0.52 | 1,275 |
2018-02-01 | $139,950 (-1.7%) | $204,834 (1.8%) | 0.50 | 1,227 |
2018-03-01 | $149,900 (5.2%) | $207,989 (2.5%) | 0.52 | 1,230 |
2018-04-01 | $164,950 (17.8%) | $229,724 (11.2%) | 0.55 | 1,185 |
2018-05-01 | $159,900 (9.9%) | $225,308 (6.6%) | 0.53 | 1,243 |
2018-06-01 | $165,000 (10.1%) | $225,921 (4.3%) | 0.55 | 1,327 |
2018-07-01 | $160,000 (6.7%) | $222,679 (3.1%) | 0.53 | 1,385 |
2018-08-01 | $161,500 (7.7%) | $220,823 (2.8%) | 0.54 | 1,435 |
2018-09-01 | $159,000 (7.4%) | $217,922 (4.2%) | 0.53 | 1,470 |
2018-10-01 | $154,900 (3.7%) | $212,846 (2.5%) | 0.52 | 1,464 |
2018-11-01 | $149,900 (0.5%) | $209,054 (-0.1%) | 0.50 | 1,443 |
2018-12-01 | $149,000 (2.8%) | $202,997 (-1.7%) | 0.51 | 1,329 |
2019-01-01 | $149,000 (4.9%) | $206,086 (0.2%) | 0.51 | 1,206 |
2019-02-01 | $148,450 (6.1%) | $205,794 (0.5%) | 0.50 | 1,171 |
2019-03-01 | $145,000 (-3.3%) | $208,359 (0.2%) | 0.47 | 1,176 |
2019-04-01 | $145,000 (-12.1%) | $210,989 (-8.2%) | 0.46 | 1,213 |
2019-05-01 | $148,450 (-7.2%) | $209,494 (-7.0%) | 0.46 | 1,235 |
2019-06-01 | $154,900 (-6.1%) | $213,006 (-5.7%) | 0.48 | 1,352 |
2019-07-01 | $151,000 (-5.6%) | $209,586 (-5.9%) | 0.47 | 1,354 |
2019-08-01 | $152,000 (-5.9%) | $208,076 (-5.8%) | 0.48 | 1,396 |
2019-09-01 | $152,000 (-4.4%) | $207,702 (-4.7%) | 0.48 | 1,430 |
2019-10-01 | $149,900 (-3.2%) | $205,510 (-3.5%) | 0.48 | 1,478 |
2019-11-01 | $147,500 (-1.6%) | $203,385 (-2.7%) | 0.48 | 1,451 |
2019-12-01 | $142,400 (-4.4%) | $197,916 (-2.5%) | 0.47 | 1,362 |
2020-01-01 | $142,000 (-4.7%) | $198,858 (-3.5%) | 0.47 | 1,294 |
2020-02-01 | $141,900 (-4.4%) | $199,507 (-3.1%) | 0.46 | 1,200 |
2020-03-01 | $142,900 (-1.5%) | $205,130 (-1.6%) | 0.45 | 1,106 |
2020-04-01 | $151,450 (4.5%) | $211,672 (0.3%) | 0.47 | 1,074 |
2020-05-01 | $160,000 (7.8%) | $220,107 (5.1%) | 0.48 | 1,023 |
2020-06-01 | $176,200 (13.8%) | $227,599 (6.9%) | 0.51 | 942 |
2020-07-01 | $178,990 (18.5%) | $232,728 (11.0%) | 0.51 | 903 |
2020-08-01 | $167,500 (10.2%) | $228,163 (9.7%) | 0.48 | 875 |
2020-09-01 | $172,450 (13.5%) | $229,545 (10.5%) | 0.49 | 834 |
2020-10-01 | $149,500 (-0.3%) | $215,355 (4.8%) | 0.43 | 825 |
2020-11-01 | $141,600 (-4.0%) | $210,729 (3.6%) | 0.41 | 817 |
2020-12-01 | $139,900 (-1.8%) | $209,605 (5.9%) | 0.41 | 746 |
2021-01-01 | $129,995 (-8.5%) | $204,442 (2.8%) | 0.38 | 637 |
2021-02-01 | $129,900 (-8.5%) | $213,494 (7.0%) | 0.37 | 532 |
2021-03-01 | $142,350 (-0.4%) | $215,767 (5.2%) | 0.40 | 504 |
2021-04-01 | $157,450 (4.0%) | $222,506 (5.1%) | 0.42 | 465 |
2021-05-01 | $162,500 (1.6%) | $217,982 (-1.0%) | 0.43 | 484 |
2021-06-01 | $149,900 (-14.9%) | $216,765 (-4.8%) | 0.39 | 653 |
2021-07-01 | $134,950 (-24.6%) | $198,417 (-14.7%) | 0.35 | 775 |
2021-08-01 | $128,000 (-23.6%) | $191,709 (-16.0%) | 0.34 | 828 |
2021-09-01 | $129,400 (-25.0%) | $192,190 (-16.3%) | 0.34 | 913 |
2021-10-01 | $134,900 (-9.8%) | $191,322 (-11.2%) | 0.36 | 955 |
2021-11-01 | $134,900 (-4.7%) | $187,495 (-11.0%) | 0.36 | 902 |
2021-12-01 | $129,450 (-7.5%) | $185,289 (-11.6%) | 0.35 | 815 |
2022-01-01 | $127,500 (-1.9%) | $178,154 (-12.9%) | 0.34 | 649 |
2022-02-01 | $127,400 (-1.9%) | $179,146 (-16.1%) | 0.32 | 517 |
2022-03-01 | $134,900 (-5.2%) | $187,863 (-12.9%) | 0.33 | 424 |
2022-04-01 | $142,000 (-9.8%) | $201,722 (-9.3%) | 0.33 | 411 |
DAVENPORT - MOLINE - ROCK ISLAND's median listing price comes in at 33% of the national average.
DAVENPORT - MOLINE - ROCK ISLAND's average listing price for 2022-04-01 was $201,722, a difference of $-20,784 (-9.3%) versus the prior year and $13,859 versus the prior month.
For the 2022-04-01 period, DAVENPORT - MOLINE - ROCK ISLAND had 411 MLS listings, a difference of -13 listings (-3%) versus the prior month and -54 listings (-12%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - DAVENPORT - MOLINE - ROCK ISLAND (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 74 days | 1,514 sqft |
2018-02-01 | 71 days | 1,506 sqft |
2018-03-01 | 61 days | 1,544 sqft |
2018-04-01 | 52 days | 1,572 sqft |
2018-05-01 | 47 days | 1,550 sqft |
2018-06-01 | 50 days | 1,550 sqft |
2018-07-01 | 52 days | 1,541 sqft |
2018-08-01 | 52 days | 1,518 sqft |
2018-09-01 | 57 days | 1,512 sqft |
2018-10-01 | 59 days | 1,480 sqft |
2018-11-01 | 61 days | 1,474 sqft |
2018-12-01 | 66 days | 1,474 sqft |
2019-01-01 | 72 days | 1,474 sqft |
2019-02-01 | 74 days | 1,474 sqft |
2019-03-01 | 64 days | 1,474 sqft |
2019-04-01 | 40 days | 1,474 sqft |
2019-05-01 | 36 days | 1,478 sqft |
2019-06-01 | 39 days | 1,524 sqft |
2019-07-01 | 29 days | 1,715 sqft |
2019-08-01 | 53 days | 1,735 sqft |
2019-09-01 | 58 days | 1,732 sqft |
2019-10-01 | 63 days | 1,734 sqft |
2019-11-01 | 65 days | 1,681 sqft |
2019-12-01 | 74 days | 1,642 sqft |
2020-01-01 | 83 days | 1,632 sqft |
2020-02-01 | 88 days | 1,606 sqft |
2020-03-01 | 75 days | 1,606 sqft |
2020-04-01 | 70 days | 1,633 sqft |
2020-05-01 | 66 days | 1,643 sqft |
2020-06-01 | 62 days | 1,717 sqft |
2020-07-01 | 57 days | 1,725 sqft |
2020-08-01 | 50 days | 1,723 sqft |
2020-09-01 | 53 days | 1,723 sqft |
2020-10-01 | 50 days | 1,629 sqft |
2020-11-01 | 54 days | 1,606 sqft |
2020-12-01 | 60 days | 1,580 sqft |
2021-01-01 | 70 days | 1,555 sqft |
2021-02-01 | 68 days | 1,563 sqft |
2021-03-01 | 60 days | 1,562 sqft |
2021-04-01 | 49 days | 1,554 sqft |
2021-05-01 | 40 days | 1,554 sqft |
2021-06-01 | 30 days | 1,517 sqft |
2021-07-01 | 36 days | 1,486 sqft |
2021-08-01 | 42 days | 1,474 sqft |
2021-09-01 | 48 days | 1,484 sqft |
2021-10-01 | 49 days | 1,494 sqft |
2021-11-01 | 57 days | 1,509 sqft |
2021-12-01 | 65 days | 1,474 sqft |
2022-01-01 | 77 days | 1,451 sqft |
2022-02-01 | 79 days | 1,431 sqft |
2022-03-01 | 52 days | 1,468 sqft |
2022-04-01 | 42 days | 1,474 sqft |
DAVENPORT - MOLINE - ROCK ISLAND's median square footage for active listings during the 2022-04-01 period was 1,474 sqft. One year prior, the average listing was 1,554 sqft.