Dixon Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Dixon averaged 7.21% for the week of 2025-06-18, compared to the national average of 6.81% for the same period.

The average rate for the prior week (2025-06-12) was 6.84% and one month ago for the week of 2025-05-15, the average rate was 6.91%.

Dixon's average rate one year ago was 6.95%.

For refis of the same type during the week of 2025-06-18, the average rate was 7.11%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-06-18 6.81%
Dixon 30 Year Fixed Rate 2025-06-18 7.21%
Dixon 30 Year Fixed Rate Refi 2025-06-18 7.11%
Dixon 15 Year Fixed Rate 2025-06-18 6.16%
Dixon 15 Year Fixed Rate Refi 2025-06-18 6.56%
Dixon 30 Year FHA 2025-06-18 -0.2%
Dixon 30 Year FHA Refi 2025-06-18 0%
Dixon 30 Year USDA 2025-06-18 0%
Dixon 30 Year USDA Refi 2025-06-18 0.1%
Dixon 30 Year VA 2025-06-18 -0.2%
Dixon 30 Year VA Refi 2025-06-18 -0.2%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Dixon, IL.

Dixon 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 Dixon, 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
QUICKEN LOANS, LLC 12 6.99% $5,383
U.S. Bank 12 6.90% $2,879
GUILD MORTGAGE COMPANY 8 6.44% $5,084
UNITED WHOLESALE MORTGAGE, LLC 7 7.07% $6,241
First State Bank 7 7.00% $1,908
ENVOY MORTGAGE, LTD 6 7.08% $4,207
Fifth Third Bank 5 7.15% $3,254
PLANET HOME LENDING, LLC 5 6.95% $3,244
JPMorgan Chase Bank 5 6.92% $4,124
Midland States Bank 5 7.05% $3,305
GREENSTATE CREDIT UNION 3 6.37% $2,837
BROKER SOLUTIONS, INC. 3 7.25% $4,346
Stillman Bank 3 6.66% $2,454
CITIZENS EQUITY FIRST 3 6.63% $1,840
AMERICAN PACIFIC MORTGAGE CORPORATION 3 7.04% $5,606
COMPASS MORTGAGE, INC. 3 6.75% $3,457
FIRST NORTHERN Credit Union 2 6.88% $3,424
COMPEER FINANCIAL, FLCA 2 7.75% $3,315
Old Second National Bank 2 7.63% $4,377
The Huntington National Bank 2 6.88% $3,987
NUMARK CREDIT UNION 2 7.06% $3,343
Rock Valley Credit Union 2 7.26% $3,152
Flanagan State Bank 2 6.44% $3,824
Barrington Bank & Trust Company, N.A. 2 7.25% $5,049
Royal Credit Union 1 6.88% $5,201
ROYAL UNITED MORTGAGE LLC 1 6.13% $4,894
The Bank of New Glarus 1 6.50% $1,467
The Federal Savings Bank 1 8.25% $6,042
Wells Fargo Bank 1 5.75% $3,373
American Mortgage & Equity Consultants, Inc. 1 6.88% $4,143
ZILLOW HOME LOANS, LLC 1 7.13% $5,766
Associated Bank 1 6.75% $3,053
Century Mortgage Company DBA Century Lending Company 1 6.99% $6,931
CIBM Bank 1 6.00% $10,050
CMG MORTGAGE, INC. 1 7.50% $6,527
Community Mortgage Banc Corporation 1 7.00% $3,592
DuPage Credit Union 1 6.25% $3,888
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.63% $3,806
FINANCIAL PLUS 1 5.99% $1,136
Flagstar Bank, FSB 1 7.63% $3,924
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 5.88% $3,849
GUARANTEED RATE, INC. 1 7.13% $6,131
HOMESIDE FINANCIAL, LLC 1 7.38% $3,062
LOANDEPOT.COM, LLC 1 6.13% $6,203
Mortgage Research Center, LLC 1 6.63% $3,002
Morton Community Bank 1 7.13% $2,145
Mr. Cooper ( Nationstar Mortgage ) 1 6.13% $11,142
MUTUAL OF OMAHA MORTGAGE, INC. 1 7.13% $4,182
NATIONS RELIABLE LENDING, LLC 1 7.13% $9,132
NEWREZ LLC 1 6.88% $3,794
NexBank 1 6.50% $1,330
Old National Bank 1 6.88% $2,891
Paramount Residential Mortgage Group, Inc. 1 7.50% $2,496
PHH Mortgage Corporation 1 6.88% $5,113

Dixon Average Closing Costs & Other Stats

Dixon, IL's 54 lenders originated 428 loans during 2024. The total origination value was $58,360,000, with an average loan value of $136,355.

Dixon's average closing costs are $4,156.

The top Dixon lender as defined by loan originations is QUICKEN LOANS, LLC, with 12 loans originated. Their average total fees are $5,383, which is $2,504 higher than the next largest lender, U.S. Bank.

The lowest fee Dixon lenders (with over 10 loans originated) are U.S. Bank ($2,879), QUICKEN LOANS, LLC ($5,383), .

The lowest rate Dixon lenders (with over 10 loans originated) are U.S. Bank (6.90%), QUICKEN LOANS, LLC (6.99%), .

Dixon, 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
Sauk Valley Bank & Trust Company $6,360,000 $5,820,000 -8.5% 10.0%
QUICKEN LOANS, LLC $2,700,000 $3,830,000 41.9% 6.6%
Mortgage Research Center, LLC $1,715,000 $3,075,000 79.3% 5.3%
U.S. Bank $1,625,000 $2,790,000 71.7% 4.8%
UNITED WHOLESALE MORTGAGE, LLC $655,000 $2,605,000 297.7% 4.5%
First State Bank $1,925,000 $2,005,000 4.2% 3.4%
GUILD MORTGAGE COMPANY $1,030,000 $1,895,000 84.0% 3.2%
Central Bank Illinois $3,100,000 $1,550,000 -50.0% 2.7%
BROKER SOLUTIONS, INC. $985,000 $1,365,000 38.6% 2.3%
Midland States Bank $1,815,000 $1,365,000 -24.8% 2.3%
Fifth Third Bank $635,000 $1,075,000 69.3% 1.8%
AMERICAN PACIFIC MORTGAGE CORPORATION $1,010,000 n/a 1.7%
ENVOY MORTGAGE, LTD $1,460,000 $975,000 -33.2% 1.7%
COMPEER FINANCIAL, FLCA $820,000 $960,000 17.1% 1.6%
PLANET HOME LENDING, LLC $550,000 $960,000 74.5% 1.6%
LOANDEPOT.COM, LLC $280,000 $950,000 239.3% 1.6%
Holcomb Bank $260,000 $880,000 238.5% 1.5%
First Federal Savings Bank $825,000 n/a 1.4%
Flanagan State Bank $565,000 $775,000 37.2% 1.3%
Stillman Bank $235,000 $775,000 229.8% 1.3%
JPMorgan Chase Bank $1,240,000 $755,000 -39.1% 1.3%
Community Mortgage Banc Corporation $150,000 $740,000 393.3% 1.3%
NUMARK CREDIT UNION $270,000 $720,000 166.7% 1.2%
GUARANTEED RATE, INC. $1,230,000 $715,000 -41.9% 1.2%
NEWREZ LLC $235,000 $675,000 187.2% 1.2%
PENNYMAC LOAN SERVICES, LLC $620,000 n/a 1.1%
Barrington Bank & Trust Company, N.A. $195,000 $610,000 212.8% 1.0%
Resource Bank, N.A. $400,000 $575,000 43.8% 1.0%
FIRST NORTHERN Credit Union $170,000 $570,000 235.3% 1.0%
COMPASS MORTGAGE, INC. $515,000 $475,000 -7.8% 0.8%
CROSSCOUNTRY MORTGAGE, LLC $585,000 $475,000 -18.8% 0.8%
Ixonia Bank $455,000 n/a 0.8%
Rock Valley Credit Union $80,000 $440,000 450.0% 0.8%
GREENSTATE CREDIT UNION $1,165,000 $435,000 -62.7% 0.7%
HOMESIDE FINANCIAL, LLC $425,000 n/a 0.7%
NATIONS RELIABLE LENDING, LLC $415,000 n/a 0.7%
NAVY FEDERAL CREDIT UNION $145,000 $415,000 186.2% 0.7%
Mr. Cooper ( Nationstar Mortgage ) $480,000 $395,000 -17.7% 0.7%
Byron Bank $195,000 $380,000 94.9% 0.7%
CMG MORTGAGE, INC. $365,000 n/a 0.6%
CITIZENS EQUITY FIRST $25,000 $355,000 1,320.0% 0.6%
FINANCIAL PLUS $340,000 $355,000 4.4% 0.6%
Servion, Inc. $355,000 n/a 0.6%
ROYAL UNITED MORTGAGE LLC $215,000 $350,000 62.8% 0.6%
Century Mortgage Company DBA Century Lending Company $345,000 n/a 0.6%
Flagstar Bank, FSB $345,000 n/a 0.6%
The Huntington National Bank $1,095,000 $310,000 -71.7% 0.5%
Old Second National Bank $250,000 $305,000 22.0% 0.5%
St Charles Bank & Trust $305,000 n/a 0.5%
Old National Bank $550,000 $300,000 -45.5% 0.5%
MUTUAL OF OMAHA MORTGAGE, INC. $280,000 n/a 0.5%
FREEDOM MORTGAGE CORPORATION $275,000 n/a 0.5%
AmeriHome Mortgage Company, LLC $195,000 $255,000 30.8% 0.4%
TOWNE MORTGAGE COMPANY $255,000 n/a 0.4%
Paramount Residential Mortgage Group, Inc. $95,000 $230,000 142.1% 0.4%
CALCON MUTUAL MORTGAGE LLC $225,000 n/a 0.4%
CIBM Bank $215,000 n/a 0.4%
Discover Bank $55,000 $210,000 281.8% 0.4%
MLD MORTGAGE INC. $210,000 n/a 0.4%
First National Bank of Omaha $940,000 $205,000 -78.2% 0.4%
Johnson Bank $235,000 $195,000 -17.0% 0.3%
LENDINGHOME FUNDING CORPORATION $195,000 n/a 0.3%
PHH Mortgage Corporation $190,000 n/a 0.3%
NexBank $185,000 $185,000 0.0% 0.3%
STOCKTON MORTGAGE CORPORATION $185,000 n/a 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,170,000 $175,000 -85.0% 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $175,000 $175,000 0.0% 0.3%
Morton Community Bank $200,000 $175,000 -12.5% 0.3%
Figure Lending LLC $170,000 n/a 0.3%
American Mortgage & Equity Consultants, Inc. $165,000 n/a 0.3%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $165,000 n/a 0.3%
Associated Bank $75,000 $165,000 120.0% 0.3%
Merchants and Manufacturers Bank $165,000 n/a 0.3%
Bank of America $160,000 n/a 0.3%
ASCENTRA $155,000 n/a 0.3%
Busey Bank $155,000 n/a 0.3%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $155,000 n/a 0.3%
FLAT BRANCH MORTGAGE, INC. $145,000 n/a 0.2%
DEEPHAVEN MORTGAGE LLC $135,000 n/a 0.2%
Royal Credit Union $135,000 n/a 0.2%
The Federal Savings Bank $205,000 $135,000 -34.1% 0.2%
ZILLOW HOME LOANS, LLC $115,000 $135,000 17.4% 0.2%
Cornerstone Credit Union $55,000 $130,000 136.4% 0.2%
Bankers' Bank $125,000 n/a 0.2%
Bank of England $125,000 n/a 0.2%
DuPage Credit Union $120,000 n/a 0.2%
Wells Fargo Bank $510,000 $115,000 -77.5% 0.2%
Citadel Servicing Corporation $105,000 n/a 0.2%
Third Federal Savings and Loan Association of Cleveland $105,000 n/a 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $95,000 n/a 0.2%
Illinois Community Credit Unio $90,000 n/a 0.2%
American Bank and Trust Company $85,000 n/a 0.1%
Deere Employees Credit Union $400,000 $85,000 -78.8% 0.1%
The Bank of New Glarus $85,000 n/a 0.1%
First Mid Bank & Trust $75,000 n/a 0.1%
Nicolet National Bank $75,000 n/a 0.1%
USAA Federal Savings Bank $385,000 $65,000 -83.1% 0.1%
Streator Onized Credit Union $55,000 n/a 0.1%
Coastal Community Bank $25,000 $50,000 100.0% 0.1%
Credit Union 1 $45,000 n/a 0.1%
THRIVENT Federal Credit Union $35,000 n/a 0.1%
AMERISAVE MORTGAGE CORPORATION $25,000 n/a 0.0%
I. H. MISSISSIPPI VALLEY CREDIT UNION $60,000 $15,000 -75.0% 0.0%

Dixon's top lender by overall market share is Sauk Valley Bank & Trust Company, with 10.0% market share. In second place, with 6.6%, is QUICKEN LOANS, LLC, having originated $3,830,000 in loans. In third place, with 5.3%, is Mortgage Research Center, LLC, having originated $3,075,000 in loans. In fourth place, with 4.8%, is U.S. Bank, having originated $2,790,000 in loans. In fifth place, with 4.5%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $2,605,000 in loans.

Dixon, IL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 254 $40,810,000 $160,669
Refi 68 $8,510,000 $125,147
Cash Out Refi 39 $4,795,000 $122,949
Other 35 $1,785,000 $51,000
Home Improvement 32 $2,460,000 $76,875

Dixon's most frequently cited loan purpose was Home Purchase, with 254 originations. The 2nd most popular reason was Refi, with 68 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 139 $22,585,000 $162,482
7-8% 92 $13,680,000 $148,696
Over 8% 67 $5,065,000 $75,597
5-6% 35 $5,555,000 $158,714
<2.5% 7 $55,000 $7,857
4-5% 4 $190,000 $47,500
2.5-3% 1 $125,000 $125,000

During 2024, Dixon's most frequently originated rate bucket was 6-7%, with 139 originations.

Loan Sizing (Dixon, IL MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 178 $9,700,000 $54,494
$100k-200k 171 $24,915,000 $145,702
$200k-400k 65 $16,805,000 $258,538
$400k-600k 12 $5,710,000 $475,833
$600k-1000k 2 $1,230,000 $615,000

Dixon's loan sizing saw the bucket of loans from $100,000 or less with 178 originations, totaling $9,700,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 165 $29,745,000 $180,273
60-80% 59 $8,275,000 $140,254
20-40% 46 $3,740,000 $81,304
Under 20% 40 $1,110,000 $27,750
40-60% 30 $3,420,000 $114,000
Over 100% 1 $525,000 $525,000

Dixon's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 165 originations, totaling $29,745,000 in origination value.