Dixon Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Dixon averaged
6.77%
for the week of 2025-07-03, compared to the national average of
6.67% for the same period.
The average rate for the prior week (2025-06-26) was
6.97% and
one month ago for the week of 2025-05-29, the
average rate was 6.89%.
Dixon's average rate one year ago was 6.96%.
For refis of the same type during the week of 2025-07-03, the average rate
was 7.07%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| Dixon 30 Year Fixed Rate | 2025-07-03 | 6.77% |
| Dixon 30 Year Fixed Rate Refi | 2025-07-03 | 7.07% |
| Dixon 15 Year Fixed Rate | 2025-07-03 | 5.6% |
| Dixon 15 Year Fixed Rate Refi | 2025-07-03 | 5.7% |
| Dixon 30 Year FHA | 2025-07-03 | -0.2% |
| Dixon 30 Year FHA Refi | 2025-07-03 | 0.2% |
| Dixon 30 Year USDA | 2025-07-03 | -0.2% |
| Dixon 30 Year USDA Refi | 2025-07-03 | 0% |
| Dixon 30 Year VA | 2025-07-03 | 0.1% |
| Dixon 30 Year VA Refi | 2025-07-03 | 0.2% |
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.).
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.