PEORIA Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Peoria averaged
5.63%
for the week of 2022-05-19, compared to the national average of
5.25% for the same period.
The average rate for the prior week (2022-05-12) was
5.68% and
one month ago for the week of 2022-04-14, the
average rate was 5.28%.
Peoria's average rate one year ago was 3.21%.
For refis of the same type during the week of 2022-05-19, the average rate
was 5.13%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-05-19 | 5.25% |
| Peoria 30 Year Fixed Rate | 2022-05-19 | 5.63% |
| Peoria 30 Year Fixed Rate Refi | 2022-05-19 | 5.13% |
| Peoria 15 Year Fixed Rate | 2022-05-19 | 4.58% |
| Peoria 15 Year Fixed Rate Refi | 2022-05-19 | 4.63% |
| Peoria 30 Year FHA | 2022-05-19 | 5.41% |
| Peoria 30 Year FHA Refi | 2022-05-19 | 5.18% |
| Peoria 30 Year USDA | 2022-05-19 | 5.35% |
| Peoria 30 Year USDA Refi | 2022-05-19 | 4.93% |
| Peoria 30 Year VA | 2022-05-19 | 5.09% |
| Peoria 30 Year VA Refi | 2022-05-19 | 4.97% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within PEORIA, IL.
PEORIA 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 PEORIA, 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.).
PEORIA, IL's 200 lenders originated 14,298
loans during 2021. The total origination value was $2,084,750,000, with an average loan value of
$145,807.
The top PEORIA lender as defined by loan originations is CITIZENS EQUITY FIRST, with
782 loans originated. Their average total fees are
$1,508, which is $1,195
lower than the next largest lender,
CALIBER HOME LOANS, INC..
The lowest fee PEORIA lenders (with over 10 loans originated) are
Flanagan State Bank ($1,441), CITIZENS EQUITY FIRST ($1,508), Marine Bank ($1,546), Heartland Bank and Trust Company ($1,557) and JPMorgan Chase Bank ($1,600).
The lowest rate PEORIA lenders (with over 10 loans originated) are
Marine Bank (2.77%), The Huntington National Bank (2.87%), BETTER MORTGAGE CORPORATION (2.90%), Fortress Bank (2.99%) and Petefish, Skiles & Co. (2.99%).
PEORIA, 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 |
|---|---|---|---|---|
| CITIZENS EQUITY FIRST | $301,635,000 | $254,240,000 | -15.7% | 12.2% |
| Morton Community Bank | $252,290,000 | $213,540,000 | -15.4% | 10.2% |
| CALIBER HOME LOANS, INC. | $180,835,000 | $209,265,000 | 15.7% | 10.0% |
| FLAT BRANCH MORTGAGE, INC. | $93,630,000 | $143,625,000 | 53.4% | 6.9% |
| QUICKEN LOANS, LLC | $70,500,000 | $99,660,000 | 41.4% | 4.8% |
| UNITED WHOLESALE MORTGAGE, LLC | $49,170,000 | $79,865,000 | 62.4% | 3.8% |
| PNC Bank | $50,805,000 | $67,145,000 | 32.2% | 3.2% |
| Wells Fargo Bank | $40,990,000 | $60,320,000 | 47.2% | 2.9% |
| INB | $125,585,000 | $57,580,000 | -54.2% | 2.8% |
| Fortress Bank | $68,210,000 | $54,025,000 | -20.8% | 2.6% |
| Goodfield State Bank | $97,915,000 | $50,490,000 | -48.4% | 2.4% |
| Better Banks | $69,780,000 | $44,245,000 | -36.6% | 2.1% |
| FREEDOM MORTGAGE CORPORATION | $30,345,000 | $32,165,000 | 6.0% | 1.5% |
| FIRST STATE MORTGAGE SERVICES, LLC | $36,370,000 | $29,670,000 | -18.4% | 1.4% |
| JPMorgan Chase Bank | $19,840,000 | $29,255,000 | 47.5% | 1.4% |
| GUARANTEED RATE, INC. | $20,625,000 | $22,120,000 | 7.2% | 1.1% |
| Mortgage Research Center, LLC | $18,570,000 | $21,655,000 | 16.6% | 1.0% |
| MidAmerica National Bank | $25,390,000 | $21,025,000 | -17.2% | 1.0% |
| Ipava State Bank | $26,570,000 | $20,855,000 | -21.5% | 1.0% |
| HOME POINT FINANCIAL CORPORATION | $26,995,000 | $20,315,000 | -24.7% | 1.0% |
| LEADERONE FINANCIAL CORPORATION | $20,620,000 | $19,230,000 | -6.7% | 0.9% |
| CBI Bank & Trust | $18,815,000 | n/a | 0.9% | |
| Heartland Bank and Trust Company | $40,355,000 | $17,635,000 | -56.3% | 0.8% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $17,620,000 | $17,000,000 | -3.5% | 0.8% |
| U.S. Bank | $13,465,000 | $15,820,000 | 17.5% | 0.8% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $8,565,000 | $15,690,000 | 83.2% | 0.8% |
| The Huntington National Bank | $3,035,000 | $14,280,000 | 370.5% | 0.7% |
| LOANDEPOT.COM, LLC | $7,870,000 | $12,975,000 | 64.9% | 0.6% |
| Flanagan State Bank | $25,830,000 | $12,160,000 | -52.9% | 0.6% |
| Commerce Bank | $17,070,000 | $12,075,000 | -29.3% | 0.6% |
| INLAND BANK & TRUST | $9,350,000 | $11,225,000 | 20.1% | 0.5% |
| Flagstar Bank, FSB | $2,815,000 | $11,095,000 | 294.1% | 0.5% |
| JONES LANG LASALLE MULTIFAMILY, LLC | $11,055,000 | n/a | 0.5% | |
| PENNYMAC LOAN SERVICES, LLC | $8,570,000 | $10,975,000 | 28.1% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $7,760,000 | $10,620,000 | 36.9% | 0.5% |
| Midwest Bank | $6,460,000 | $10,410,000 | 61.1% | 0.5% |
| UMB Bank | $9,715,000 | n/a | 0.5% | |
| BETTER MORTGAGE CORPORATION | $5,755,000 | $9,475,000 | 64.6% | 0.5% |
| Bank & Trust Company | $115,000 | $9,105,000 | 7,817.4% | 0.4% |
| USAA Federal Savings Bank | $7,020,000 | $7,660,000 | 9.1% | 0.4% |
| GREYSTONE SERVICING COMPANY LLC | $12,215,000 | $7,635,000 | -37.5% | 0.4% |
| Bank of America | $2,615,000 | $7,315,000 | 179.7% | 0.4% |
| First Mid Bank & Trust | $11,880,000 | $6,945,000 | -41.5% | 0.3% |
| Marquette Bank | $6,695,000 | $6,820,000 | 1.9% | 0.3% |
| First State Bank of Forrest | $6,785,000 | $6,480,000 | -4.5% | 0.3% |
| Town & Country Banc Mortgage Services, Inc. | $8,605,000 | $6,435,000 | -25.2% | 0.3% |
| Associated Bank | $19,430,000 | $5,985,000 | -69.2% | 0.3% |
| Fifth Third Bank | $1,290,000 | $5,755,000 | 346.1% | 0.3% |
| Wisconsin River Bank | $5,685,000 | n/a | 0.3% | |
| AMERISAVE MORTGAGE CORPORATION | $3,060,000 | $5,400,000 | 76.5% | 0.3% |
| Community Partners Savings Bank | $5,030,000 | $5,395,000 | 7.3% | 0.3% |
| NATIONS DIRECT MORTGAGE, LLC | $2,000,000 | $5,340,000 | 167.0% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $5,130,000 | $5,265,000 | 2.6% | 0.3% |
| NAVY FEDERAL CREDIT UNION | $4,170,000 | $5,040,000 | 20.9% | 0.2% |
| Marine Bank | $7,720,000 | $4,915,000 | -36.3% | 0.2% |
| Community Mortgage Banc Corporation | $6,720,000 | $4,725,000 | -29.7% | 0.2% |
| NEWREZ LLC | $1,685,000 | $4,625,000 | 174.5% | 0.2% |
| VILLAGE CAPITAL & INVESTMENT LLC | $1,915,000 | $4,295,000 | 124.3% | 0.2% |
| Carrington Mortgage Services, LLC | $2,665,000 | $4,190,000 | 57.2% | 0.2% |
| COMPASS MORTGAGE, INC. | $2,655,000 | $3,955,000 | 49.0% | 0.2% |
| Prairie State Bank and Trust | $6,765,000 | $3,860,000 | -42.9% | 0.2% |
| Regions Bank | $6,390,000 | $3,860,000 | -39.6% | 0.2% |
| Bank of Pontiac | $1,255,000 | $3,650,000 | 190.8% | 0.2% |
| Petefish, Skiles & Co. | $7,120,000 | $3,525,000 | -50.5% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $2,970,000 | $3,475,000 | 17.0% | 0.2% |
| DRAPER AND KRAMER MORTGAGE CORP. | $3,270,000 | $3,365,000 | 2.9% | 0.2% |
| Ally Bank | $790,000 | $3,340,000 | 322.8% | 0.2% |
| Resource Bank, N.A. | $3,285,000 | n/a | 0.2% | |
| ROYAL UNITED MORTGAGE LLC | $2,070,000 | $3,105,000 | 50.0% | 0.1% |
| GUIDANCE RESIDENTIAL, LLC | $1,490,000 | $3,065,000 | 105.7% | 0.1% |
| COMPEER FINANCIAL, FLCA | $5,770,000 | $3,005,000 | -47.9% | 0.1% |
| United Community Bank | $1,750,000 | $2,765,000 | 58.0% | 0.1% |
| Citizens Bank | $3,060,000 | $2,755,000 | -10.0% | 0.1% |
| LIMA ONE CAPITAL, LLC | $2,695,000 | n/a | 0.1% | |
| HOMESIDE FINANCIAL, LLC | $2,175,000 | $2,425,000 | 11.5% | 0.1% |
| Waterstone Mortgage Corporation | $4,215,000 | $2,420,000 | -42.6% | 0.1% |
| The Federal Savings Bank | $2,770,000 | $2,285,000 | -17.5% | 0.1% |
| BROKER SOLUTIONS, INC. | $2,825,000 | $2,265,000 | -19.8% | 0.1% |
| First State Bank | $430,000 | $2,245,000 | 422.1% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $3,720,000 | $2,205,000 | -40.7% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $175,000 | $2,135,000 | 1,120.0% | 0.1% |
| RUHL MORTGAGE, LLC | $2,445,000 | $2,130,000 | -12.9% | 0.1% |
| First Midwest Bank | $1,345,000 | $1,965,000 | 46.1% | 0.1% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $2,295,000 | $1,950,000 | -15.0% | 0.1% |
| AMERICAN FINANCING CORPORATION | $795,000 | $1,910,000 | 140.3% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $785,000 | $1,885,000 | 140.1% | 0.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,115,000 | $1,880,000 | -11.1% | 0.1% |
| CLEARPATH LENDING | $1,800,000 | $1,810,000 | 0.6% | 0.1% |
| First Guaranty Mortgage Corporation | $1,020,000 | $1,765,000 | 73.0% | 0.1% |
| Chicago Mortgage Solutions LLC | $495,000 | $1,725,000 | 248.5% | 0.1% |
| ENDEAVOR CAPITAL, LLC. | $290,000 | $1,575,000 | 443.1% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $1,315,000 | $1,550,000 | 17.9% | 0.1% |
| Citibank | $250,000 | $1,515,000 | 506.0% | 0.1% |
| ILLINOIS STATE CREDIT UNION | $1,560,000 | $1,485,000 | -4.8% | 0.1% |
| IAA Credit Union | $2,570,000 | $1,420,000 | -44.7% | 0.1% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $365,000 | $1,405,000 | 284.9% | 0.1% |
| Redbrand Credit Union | $1,555,000 | $1,365,000 | -12.2% | 0.1% |
| Ottawa Savings Bank | $1,290,000 | $1,350,000 | 4.7% | 0.1% |
| First Bankers Trust Company | $1,350,000 | $1,305,000 | -3.3% | 0.1% |
| InterContinental Capital Group, Inc | $1,425,000 | $1,300,000 | -8.8% | 0.1% |
| GREENSTATE CREDIT UNION | $490,000 | $1,245,000 | 154.1% | 0.1% |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $620,000 | $1,190,000 | 91.9% | 0.1% |
| I. H. MISSISSIPPI VALLEY CREDIT UNION | $1,815,000 | $1,170,000 | -35.5% | 0.1% |
| CMG MORTGAGE, INC. | $165,000 | $1,095,000 | 563.6% | 0.1% |
| North American Savings Bank, F.S.B. | $335,000 | $1,095,000 | 226.9% | 0.1% |
| PREMIA MORTGAGE, LLC | $440,000 | $1,065,000 | 142.0% | 0.1% |
| Nations Lending Corporation | $445,000 | $1,060,000 | 138.2% | 0.1% |
| NP, Inc. | $510,000 | $1,050,000 | 105.9% | 0.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $650,000 | $1,045,000 | 60.8% | 0.1% |
| NEW DAY FINANCIAL, LLC | $1,315,000 | $1,040,000 | -20.9% | 0.0% |
| Grundy Bank | $270,000 | $985,000 | 264.8% | 0.0% |
| Midland States Bank | $14,410,000 | $975,000 | -93.2% | 0.0% |
| First National Bank of Omaha | $300,000 | $970,000 | 223.3% | 0.0% |
| Charles Schwab Bank, SSB | $975,000 | $955,000 | -2.1% | 0.0% |
| Neighborhood Loans, Inc. | $2,195,000 | $955,000 | -56.5% | 0.0% |
| Hickory Point Bank and Trust | $3,455,000 | $950,000 | -72.5% | 0.0% |
| Servion, Inc. | $950,000 | $940,000 | -1.1% | 0.0% |
| Iroquois Federal Savings and Loan Association | $55,000 | $930,000 | 1,590.9% | 0.0% |
| UNION HOME MORTGAGE CORP. | $310,000 | $915,000 | 195.2% | 0.0% |
| PROPER RATE, LLC | $910,000 | n/a | 0.0% | |
| Bank of England | $675,000 | $895,000 | 32.6% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $895,000 | n/a | 0.0% | |
| CHERRY CREEK MORTGAGE, LLC | $865,000 | n/a | 0.0% | |
| Morgan Stanley Private Bank | $860,000 | n/a | 0.0% | |
| GUILD MORTGAGE COMPANY | $145,000 | $855,000 | 489.7% | 0.0% |
| UIF CORPORATION | $1,540,000 | $845,000 | -45.1% | 0.0% |
| KELLER MORTGAGE, LLC | $185,000 | $840,000 | 354.1% | 0.0% |
| AMERICAN FINANCIAL NETWORK, INC. | $330,000 | $835,000 | 153.0% | 0.0% |
| BLUELEAF LENDING, LLC | $930,000 | $830,000 | -10.8% | 0.0% |
| DIGNIFIED HOME LOANS, LLC | $260,000 | $825,000 | 217.3% | 0.0% |
| FCB Banks | $95,000 | $820,000 | 763.2% | 0.0% |
| First Federal Savings Bank | $720,000 | $810,000 | 12.5% | 0.0% |
| NBKC BANK | $625,000 | $805,000 | 28.8% | 0.0% |
| THE ANDERSON FINANCIAL GROUP, INC. | $155,000 | $805,000 | 419.4% | 0.0% |
| Vibrant Credit Union | $245,000 | $800,000 | 226.5% | 0.0% |
| Raymond James Bank | $795,000 | n/a | 0.0% | |
| SUN WEST MORTGAGE COMPANY, INC. | $105,000 | $795,000 | 657.1% | 0.0% |
| MORTGAGE ACCESS CORP. | $465,000 | $775,000 | 66.7% | 0.0% |
| DELMAR FINANCIAL COMPANY | $235,000 | $770,000 | 227.7% | 0.0% |
| Mid-Illini Credit Union | $565,000 | $770,000 | 36.3% | 0.0% |
| FirstBank | $320,000 | $760,000 | 137.5% | 0.0% |
| First Bank | $245,000 | $735,000 | 200.0% | 0.0% |
| First Central State Bank | $730,000 | n/a | 0.0% | |
| SOFI LENDING CORP. | $1,035,000 | $730,000 | -29.5% | 0.0% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,475,000 | $720,000 | -51.2% | 0.0% |
| Strong Home Mortgage, LLC | $600,000 | $705,000 | 17.5% | 0.0% |
| PLANET HOME LENDING, LLC | $270,000 | $700,000 | 159.3% | 0.0% |
| Wyndham Capital Mortgage, Inc. | $1,210,000 | $690,000 | -43.0% | 0.0% |
| COREVEST AMERICAN FINANCE LENDER LLC | $675,000 | n/a | 0.0% | |
| Midwest Heritage Bank FSB | $310,000 | $660,000 | 112.9% | 0.0% |
| Deere Employees Credit Union | $1,070,000 | $645,000 | -39.7% | 0.0% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $1,060,000 | $620,000 | -41.5% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $790,000 | $615,000 | -22.2% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $125,000 | $610,000 | 388.0% | 0.0% |
| Bank of Springfield | $1,970,000 | $605,000 | -69.3% | 0.0% |
| Midwest Community Bank | $105,000 | $600,000 | 471.4% | 0.0% |
| CIBM Bank | $1,495,000 | $565,000 | -62.2% | 0.0% |
| PURDUE FEDERAL CREDIT UNION | $560,000 | n/a | 0.0% | |
| Bell Bank | $545,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $230,000 | $545,000 | 137.0% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $1,720,000 | $540,000 | -68.6% | 0.0% |
| Stifel Bank and Trust | $540,000 | n/a | 0.0% | |
| NORTHWEST BANK OF ROCKFORD | $115,000 | $530,000 | 360.9% | 0.0% |
| DAS Acquisition Company, LLC | $310,000 | $525,000 | 69.4% | 0.0% |
| Truist Bank | $75,000 | $515,000 | 586.7% | 0.0% |
| BAY EQUITY LLC | $510,000 | n/a | 0.0% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $505,000 | n/a | 0.0% | |
| HOMESTEAD FUNDING CORP. | $500,000 | n/a | 0.0% | |
| First State Bank of Bloomington | $960,000 | $495,000 | -48.4% | 0.0% |
| TOTAL MORTGAGE SERVICES, LLC | $195,000 | $495,000 | 153.8% | 0.0% |
| Alliance Community Bank | $905,000 | $490,000 | -45.9% | 0.0% |
| UNITED HOME LOANS, INC. | $490,000 | n/a | 0.0% | |
| AMERICAN ADVISORS GROUP | $335,000 | $485,000 | 44.8% | 0.0% |
| ZILLOW HOME LOANS, LLC | $365,000 | $470,000 | 28.8% | 0.0% |
| Community First National Bank | $465,000 | n/a | 0.0% | |
| Chicago Financial Services, Inc. | $550,000 | $460,000 | -16.4% | 0.0% |
| GSF Mortgage Corporation | $670,000 | $460,000 | -31.3% | 0.0% |
| State Bank of Graymont | $800,000 | $460,000 | -42.5% | 0.0% |
| VAN DYK MORTGAGE CORPORATION | $480,000 | $460,000 | -4.2% | 0.0% |
| The First National Bank of Ottawa | $410,000 | $455,000 | 11.0% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $245,000 | $450,000 | 83.7% | 0.0% |
| NFM, INC. | $445,000 | $430,000 | -3.4% | 0.0% |
| Plains Commerce Bank | $215,000 | $430,000 | 100.0% | 0.0% |
| LENDSURE MORTGAGE CORP. | $425,000 | n/a | 0.0% | |
| AMERICAN FINANCE HOUSE LARIBA | $1,035,000 | $415,000 | -59.9% | 0.0% |
| ARC HOME LLC | $405,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $405,000 | n/a | 0.0% | |
| Discover Bank | $250,000 | $400,000 | 60.0% | 0.0% |
| AXIA FINANCIAL, LLC | $385,000 | n/a | 0.0% | |
| United Fidelity Funding Corp. | $255,000 | $385,000 | 51.0% | 0.0% |
| HOMESITE MORTGAGE, LLC | $120,000 | $380,000 | 216.7% | 0.0% |
| 21ST MORTGAGE CORPORATION | $460,000 | $370,000 | -19.6% | 0.0% |
| Baxter Credit Union | $270,000 | $370,000 | 37.0% | 0.0% |
| Mid-Continent Funding, Inc. | $250,000 | $370,000 | 48.0% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $75,000 | $370,000 | 393.3% | 0.0% |
| Centra Credit Union | $365,000 | n/a | 0.0% | |
| KS StateBank | $105,000 | $365,000 | 247.6% | 0.0% |
| TCF National Bank | $755,000 | $365,000 | -51.7% | 0.0% |
| Bankers' Bank | $360,000 | n/a | 0.0% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $335,000 | n/a | 0.0% | |
| Farm Credit Mid-America, ACA | $345,000 | $335,000 | -2.9% | 0.0% |
| West Central Bank | $175,000 | $335,000 | 91.4% | 0.0% |
| GENEVA FINANCIAL, LLC | $115,000 | $325,000 | 182.6% | 0.0% |
| DECATUR EARTHMOVER CREDIT UNION | $130,000 | $320,000 | 146.2% | 0.0% |
| Manufacturers and Traders Trust Company | $75,000 | $320,000 | 326.7% | 0.0% |
| REVERSE MORTGAGE FUNDING LLC | $320,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $120,000 | $315,000 | 162.5% | 0.0% |
| VERIDIAN CREDIT UNION | $315,000 | n/a | 0.0% | |
| American Mortgage & Equity Consultants, Inc. | $310,000 | n/a | 0.0% | |
| Carrollton Bank | $240,000 | $310,000 | 29.2% | 0.0% |
| Streator Onized Credit Union | $535,000 | $310,000 | -42.1% | 0.0% |
| SUCCESS MORTGAGE PARTNERS, INC. | $265,000 | $310,000 | 17.0% | 0.0% |
| Union Federal Savings and Loan Association | $305,000 | n/a | 0.0% | |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $540,000 | $295,000 | -45.4% | 0.0% |
| BMO Harris Bank | $1,460,000 | $295,000 | -79.8% | 0.0% |
| Colonial Savings, F.A. | $460,000 | $295,000 | -35.9% | 0.0% |
| INTELLILOAN, INC. | $295,000 | n/a | 0.0% | |
| Arvest Bank | $290,000 | n/a | 0.0% | |
| Devon Bank | $285,000 | n/a | 0.0% | |
| LAKE MICHIGAN CREDIT UNION | $280,000 | n/a | 0.0% | |
| DIRECT MORTGAGE LOANS, LLC | $225,000 | $275,000 | 22.2% | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | $275,000 | n/a | 0.0% | |
| Fidelity Bank | $275,000 | n/a | 0.0% | |
| EMBRACE HOME LOANS, INC. | $270,000 | n/a | 0.0% | |
| First American Bank | $105,000 | $265,000 | 152.4% | 0.0% |
| Quontic Bank | $265,000 | n/a | 0.0% | |
| The Fisher National Bank | $265,000 | $265,000 | 0.0% | 0.0% |
| UNIFY FINANCIAL Credit Union | $265,000 | n/a | 0.0% | |
| GERSHMAN INVESTMENT CORP. | $260,000 | n/a | 0.0% | |
| Lakeview Community Capital, LLC | $135,000 | $260,000 | 92.6% | 0.0% |
| MOVEMENT MORTGAGE, LLC | $260,000 | n/a | 0.0% | |
| RESIDENTIAL MORTGAGE SERVICES, INC. | $260,000 | n/a | 0.0% | |
| Centier Bank | $255,000 | n/a | 0.0% | |
| Central Bank Illinois | $2,225,000 | $245,000 | -89.0% | 0.0% |
| Evolve Bank & Trust | $245,000 | n/a | 0.0% | |
| V.I.P. MORTGAGE, INC. | $245,000 | n/a | 0.0% | |
| BNC National Bank | $175,000 | $240,000 | 37.1% | 0.0% |
| ABSOLUTE HOME MORTGAGE CORPORATION | $235,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $230,000 | n/a | 0.0% | |
| Citizens State Bank of La Crosse | $225,000 | n/a | 0.0% | |
| Credence Funding Corporation | $225,000 | n/a | 0.0% | |
| FIRST NORTHERN Credit Union | $95,000 | $225,000 | 136.8% | 0.0% |
| HNB National Bank | $225,000 | n/a | 0.0% | |
| Providence Bank & Trust | $225,000 | n/a | 0.0% | |
| ACCELERATE MORTGAGE, LLC | $220,000 | n/a | 0.0% | |
| Williamsville State Bank & Trust | $215,000 | n/a | 0.0% | |
| Montgomery Bank | $205,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $205,000 | $200,000 | -2.4% | 0.0% |
| STEARNS LENDING, LLC | $280,000 | $200,000 | -28.6% | 0.0% |
| Stillman BancCorp N.A. | $340,000 | $200,000 | -41.2% | 0.0% |
| ACADEMY MORTGAGE CORPORATION | $135,000 | $195,000 | 44.4% | 0.0% |
| DEVELOPER'S MORTGAGE COMPANY | $195,000 | n/a | 0.0% | |
| Triumph Bank | $195,000 | n/a | 0.0% | |
| Low VA Rates, LLC | $1,005,000 | $190,000 | -81.1% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $185,000 | n/a | 0.0% | |
| Blackhawk Bank | $185,000 | n/a | 0.0% | |
| Chickasaw Community Bank | $185,000 | n/a | 0.0% | |
| CNB Bank And Trust, N.A. | $195,000 | $185,000 | -5.1% | 0.0% |
| CONSUMERS COOPERATIVE CREDIT UNION | $185,000 | n/a | 0.0% | |
| First Federal Bank of Kansas City | $185,000 | n/a | 0.0% | |
| Gateway First Bank | $185,000 | n/a | 0.0% | |
| Northwest Federal Credit Union | $185,000 | n/a | 0.0% | |
| T2 FINANCIAL LLC | $185,000 | n/a | 0.0% | |
| RUOFF MORTGAGE COMPANY, INC. | $180,000 | n/a | 0.0% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $125,000 | $175,000 | 40.0% | 0.0% |
| Ixonia Bank | $155,000 | $175,000 | 12.9% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $175,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $885,000 | $175,000 | -80.2% | 0.0% |
| DuPage Credit Union | $170,000 | n/a | 0.0% | |
| AmeriHome Mortgage Company, LLC | $505,000 | $165,000 | -67.3% | 0.0% |
| COMMUNITY MORTGAGE, LLC | $165,000 | n/a | 0.0% | |
| GREAT LAKES | $165,000 | n/a | 0.0% | |
| Hometown National Bank | $640,000 | $165,000 | -74.2% | 0.0% |
| ITHINK FINANCIAL Credit Union | $165,000 | n/a | 0.0% | |
| Level One Bank | $165,000 | n/a | 0.0% | |
| Prospect Bank | $185,000 | $165,000 | -10.8% | 0.0% |
| Warren-Boynton State Bank | $550,000 | $165,000 | -70.0% | 0.0% |
| ASCENTRA | $25,000 | $160,000 | 540.0% | 0.0% |
| Figure Lending LLC | $95,000 | $160,000 | 68.4% | 0.0% |
| Northpointe Bank | $380,000 | $160,000 | -57.9% | 0.0% |
| AMERIFIRST FINANCIAL CORPORATION | $155,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $155,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $540,000 | $150,000 | -72.2% | 0.0% |
| GMFS LLC | $145,000 | n/a | 0.0% | |
| R.I.A. Federal Credit Union | $145,000 | n/a | 0.0% | |
| The Bank of Brodhead | $145,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $355,000 | $140,000 | -60.6% | 0.0% |
| Mortgage Assurance Inc. | $135,000 | n/a | 0.0% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $135,000 | n/a | 0.0% | |
| PANORAMA MORTGAGE GROUP, LLC | $135,000 | n/a | 0.0% | |
| Peoples Bank of Kankakee County | $135,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $135,000 | n/a | 0.0% | |
| First Financial Bank | $1,170,000 | $125,000 | -89.3% | 0.0% |
| Hometown Lenders, Inc. | $125,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP. | $125,000 | n/a | 0.0% | |
| UNITED MORTGAGE CORP. | $125,000 | n/a | 0.0% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $115,000 | n/a | 0.0% | |
| GENISYS | $115,000 | n/a | 0.0% | |
| Colten Mortgage, LLC | $115,000 | $105,000 | -8.7% | 0.0% |
| CRESCENT MORTGAGE COMPANY | $105,000 | n/a | 0.0% | |
| Dieterich Bank | $120,000 | $105,000 | -12.5% | 0.0% |
| Home Mortgage Alliance Corp | $105,000 | n/a | 0.0% | |
| Illinois State Police Federal Credit Union | $105,000 | n/a | 0.0% | |
| SENB Bank | $180,000 | $105,000 | -41.7% | 0.0% |
| The Bradford National Bank of Greenville | $105,000 | n/a | 0.0% | |
| Allied First Bank,sb | $95,000 | n/a | 0.0% | |
| CELEBRITY HOME LOANS, LLC | $755,000 | $95,000 | -87.4% | 0.0% |
| DIGITAL Federal Credit Union | $95,000 | n/a | 0.0% | |
| Key Mortgage Services, Inc. | $165,000 | $95,000 | -42.4% | 0.0% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $95,000 | n/a | 0.0% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $240,000 | $95,000 | -60.4% | 0.0% |
| TIB The Independent Bankersbank | $95,000 | n/a | 0.0% | |
| Advisors Mortgage Group, L.L.C. | $85,000 | n/a | 0.0% | |
| LIBERTY HOME MORTGAGE CORPORATION | $85,000 | $85,000 | 0.0% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $85,000 | n/a | 0.0% | |
| UNIVERSITY OF ILLINOIS COMMUNITY | $85,000 | n/a | 0.0% | |
| DUPACO COMMUNITY | $85,000 | $75,000 | -11.8% | 0.0% |
| ENVOY MORTGAGE, LTD | $75,000 | n/a | 0.0% | |
| FINANCIAL PLUS | $105,000 | $75,000 | -28.6% | 0.0% |
| First Home Bank | $1,045,000 | $75,000 | -92.8% | 0.0% |
| First State Bank | $430,000 | $75,000 | -82.6% | 0.0% |
| TBK BANK, SSB | $395,000 | $75,000 | -81.0% | 0.0% |
| HEARTLAND | $45,000 | $65,000 | 44.4% | 0.0% |
| LENDINGHOME FUNDING CORPORATION | $65,000 | n/a | 0.0% | |
| NORTHERN MORTGAGE SERVICES, LLC | $65,000 | n/a | 0.0% | |
| AMCAP MORTGAGE, LTD. | $55,000 | n/a | 0.0% | |
| First Merchants Bank | $55,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $55,000 | n/a | 0.0% | |
| SouthernTrust Bank | $45,000 | n/a | 0.0% | |
| Oxford Bank & Trust | $35,000 | n/a | 0.0% |
PEORIA's top lender by overall market share is CITIZENS EQUITY FIRST, with 12.2% market share. In second place, with 10.2%, is Morton Community Bank, having originated $213,540,000 in loans. In third place, with 10.0%, is CALIBER HOME LOANS, INC., having originated $209,265,000 in loans. In third place, with 6.9%, is FLAT BRANCH MORTGAGE, INC., having originated $143,625,000 in loans. In third place, with 4.8%, is QUICKEN LOANS, LLC, having originated $99,660,000 in loans.
PEORIA, IL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 7,480 | $1,102,630,000 | $147,410 |
| Refi | 4,233 | $669,965,000 | $158,272 |
| Cash Out Refi | 1,667 | $249,165,000 | $149,469 |
| Home Improvement | 525 | $34,015,000 | $64,790 |
| Other | 393 | $28,975,000 | $73,728 |
Peoria's most frequently cited loan purpose was Home Purchase, with 7,480 originations. The 2nd most popular reason was Refi, with 4,233 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 5,084 | $727,270,000 | $143,051 |
| 2.5-3% | 4,590 | $751,840,000 | $163,800 |
| <2.5% | 2,370 | $364,960,000 | $153,992 |
| 4-5% | 1,314 | $96,760,000 | $73,638 |
| 5-6% | 84 | $5,440,000 | $64,762 |
| 6-7% | 28 | $6,140,000 | $219,286 |
| Over 8% | 17 | $795,000 | $46,765 |
| 7-8% | 11 | $435,000 | $39,545 |
During 2021, Peoria's most frequently originated rate bucket was 3-4%, with 5,084 originations.
Loan Sizing (PEORIA, IL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 5,818 | $824,340,000 | $141,688 |
| $100,000 or less | 5,674 | $346,270,000 | $61,027 |
| $200k-400k | 2,490 | $660,880,000 | $265,414 |
| $400k-600k | 252 | $118,630,000 | $470,754 |
| $600k-1000k | 42 | $31,310,000 | $745,476 |
| $Over $1MM | 22 | $103,320,000 | $4,696,364 |
PEORIA's loan sizing saw the bucket of loans from $100k-200k with 5,818 originations, totaling $824,340,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 6,563 | $1,018,185,000 | $155,140 |
| 60-80% | 4,010 | $645,370,000 | $160,940 |
| 40-60% | 1,124 | $162,610,000 | $144,671 |
| Under 20% | 775 | $17,115,000 | $22,084 |
| 20-40% | 657 | $45,545,000 | $69,323 |
| Over 100% | 108 | $22,840,000 | $211,481 |
PEORIA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 6,563 originations, totaling $1,018,185,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - PEORIA (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 | $135,450 (0.4%) | $175,382 (-2.2%) | 0.50 | 2,135 |
| 2018-02-01 | $137,200 (1.3%) | $176,637 (-1.3%) | 0.49 | 2,132 |
| 2018-03-01 | $134,900 (-6.6%) | $174,884 (-6.8%) | 0.47 | 2,357 |
| 2018-04-01 | $134,950 (-8.5%) | $175,519 (-9.1%) | 0.45 | 2,390 |
| 2018-05-01 | $139,450 (-6.2%) | $177,889 (-9.7%) | 0.47 | 2,487 |
| 2018-06-01 | $139,900 (-6.7%) | $180,644 (-10.1%) | 0.47 | 2,510 |
| 2018-07-01 | $139,900 (-6.7%) | $180,963 (-9.2%) | 0.47 | 2,585 |
| 2018-08-01 | $139,900 (-6.7%) | $180,376 (-7.6%) | 0.47 | 2,577 |
| 2018-09-01 | $135,000 (-6.8%) | $176,364 (-7.1%) | 0.45 | 2,527 |
| 2018-10-01 | $134,900 (-5.6%) | $173,956 (-5.0%) | 0.45 | 2,488 |
| 2018-11-01 | $130,500 (-6.7%) | $172,396 (-4.9%) | 0.44 | 2,270 |
| 2018-12-01 | $129,900 (-6.9%) | $167,169 (-5.6%) | 0.44 | 2,065 |
| 2019-01-01 | $129,550 (-4.4%) | $163,844 (-6.6%) | 0.45 | 1,888 |
| 2019-02-01 | $129,900 (-5.3%) | $164,933 (-6.6%) | 0.44 | 1,846 |
| 2019-03-01 | $133,857 (-0.8%) | $169,535 (-3.1%) | 0.44 | 1,872 |
| 2019-04-01 | $138,950 (3.0%) | $174,905 (-0.4%) | 0.44 | 1,924 |
| 2019-05-01 | $138,800 (-0.5%) | $177,893 (0.0%) | 0.43 | 2,024 |
| 2019-06-01 | $139,000 (-0.6%) | $178,196 (-1.4%) | 0.43 | 2,079 |
| 2019-07-01 | $138,450 (-1.0%) | $179,202 (-1.0%) | 0.43 | 2,140 |
| 2019-08-01 | $136,429 (-2.5%) | $177,626 (-1.5%) | 0.43 | 2,188 |
| 2019-09-01 | $134,950 (0.0%) | $177,410 (0.6%) | 0.43 | 2,217 |
| 2019-10-01 | $129,995 (-3.6%) | $174,467 (0.3%) | 0.41 | 2,237 |
| 2019-11-01 | $129,900 (-0.5%) | $170,229 (-1.3%) | 0.42 | 2,160 |
| 2019-12-01 | $124,700 (-4.0%) | $164,815 (-1.4%) | 0.42 | 1,987 |
| 2020-01-01 | $124,200 (-4.1%) | $164,407 (0.3%) | 0.41 | 1,826 |
| 2020-02-01 | $124,900 (-3.9%) | $166,073 (0.7%) | 0.40 | 1,733 |
| 2020-03-01 | $128,700 (-3.9%) | $170,161 (0.4%) | 0.40 | 1,741 |
| 2020-04-01 | $129,900 (-6.5%) | $173,535 (-0.8%) | 0.40 | 1,711 |
| 2020-05-01 | $132,000 (-4.9%) | $183,202 (3.0%) | 0.40 | 1,658 |
| 2020-06-01 | $134,900 (-3.0%) | $184,363 (3.5%) | 0.39 | 1,553 |
| 2020-07-01 | $135,000 (-2.5%) | $185,319 (3.4%) | 0.39 | 1,467 |
| 2020-08-01 | $129,900 (-4.8%) | $178,578 (0.5%) | 0.37 | 1,403 |
| 2020-09-01 | $126,750 (-6.1%) | $178,836 (0.8%) | 0.36 | 1,310 |
| 2020-10-01 | $124,900 (-3.9%) | $178,306 (2.2%) | 0.36 | 1,267 |
| 2020-11-01 | $117,450 (-9.6%) | $175,133 (2.9%) | 0.34 | 1,203 |
| 2020-12-01 | $114,950 (-7.8%) | $168,544 (2.3%) | 0.34 | 1,099 |
| 2021-01-01 | $112,500 (-9.4%) | $165,980 (1.0%) | 0.33 | 1,005 |
| 2021-02-01 | $104,950 (-16.0%) | $160,271 (-3.5%) | 0.30 | 861 |
| 2021-03-01 | $104,900 (-18.5%) | $165,230 (-2.9%) | 0.29 | 776 |
| 2021-04-01 | $112,450 (-13.4%) | $184,757 (6.5%) | 0.30 | 674 |
| 2021-05-01 | $114,900 (-13.0%) | $194,639 (6.2%) | 0.30 | 661 |
| 2021-06-01 | $117,450 (-12.9%) | $200,675 (8.9%) | 0.31 | 701 |
| 2021-07-01 | $119,900 (-11.2%) | $197,832 (6.8%) | 0.31 | 781 |
| 2021-08-01 | $124,700 (-4.0%) | $197,932 (10.8%) | 0.33 | 819 |
| 2021-09-01 | $120,000 (-5.3%) | $196,017 (9.6%) | 0.32 | 868 |
| 2021-10-01 | $117,400 (-6.0%) | $186,135 (4.4%) | 0.31 | 846 |
| 2021-11-01 | $109,950 (-6.4%) | $176,873 (1.0%) | 0.29 | 800 |
| 2021-12-01 | $106,750 (-7.1%) | $176,676 (4.8%) | 0.28 | 658 |
| 2022-01-01 | $99,900 (-11.2%) | $169,353 (2.0%) | 0.27 | 561 |
| 2022-02-01 | $98,000 (-6.6%) | $176,041 (9.8%) | 0.25 | 457 |
| 2022-03-01 | $110,950 (5.8%) | $208,356 (26.1%) | 0.27 | 422 |
| 2022-04-01 | $114,900 (2.2%) | $211,893 (14.7%) | 0.27 | 407 |
PEORIA's median listing price for 2022-04-01 was $114,900, a difference of
$2,450
(2.2%) versus the prior year and
$3,950 versus the prior month.
PEORIA's median listing price comes in at 27% of the national average.
PEORIA's average listing price for 2022-04-01 was $211,893, a difference of $27,136 (14.7%) versus the prior year and $3,537 versus the prior month.
For the 2022-04-01 period, PEORIA had 407 MLS listings, a difference of -15 listings (-4%) versus the prior month and -267 listings (-40%) versus the prior year.
PEORIA's median listing price comes in at 27% of the national average.
PEORIA's average listing price for 2022-04-01 was $211,893, a difference of $27,136 (14.7%) versus the prior year and $3,537 versus the prior month.
For the 2022-04-01 period, PEORIA had 407 MLS listings, a difference of -15 listings (-4%) versus the prior month and -267 listings (-40%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - PEORIA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 103 days | 1,856 sqft |
| 2018-02-01 | 101 days | 1,860 sqft |
| 2018-03-01 | 73 days | 1,857 sqft |
| 2018-04-01 | 61 days | 1,881 sqft |
| 2018-05-01 | 67 days | 1,898 sqft |
| 2018-06-01 | 66 days | 1,896 sqft |
| 2018-07-01 | 68 days | 1,907 sqft |
| 2018-08-01 | 73 days | 1,891 sqft |
| 2018-09-01 | 75 days | 1,880 sqft |
| 2018-10-01 | 81 days | 1,863 sqft |
| 2018-11-01 | 84 days | 1,857 sqft |
| 2018-12-01 | 91 days | 1,820 sqft |
| 2019-01-01 | 94 days | 1,801 sqft |
| 2019-02-01 | 95 days | 1,777 sqft |
| 2019-03-01 | 84 days | 1,806 sqft |
| 2019-04-01 | 73 days | 1,849 sqft |
| 2019-05-01 | 50 days | 1,790 sqft |
| 2019-06-01 | 61 days | 1,765 sqft |
| 2019-07-01 | 64 days | 1,879 sqft |
| 2019-08-01 | 66 days | 1,865 sqft |
| 2019-09-01 | 69 days | 1,844 sqft |
| 2019-10-01 | 71 days | 1,815 sqft |
| 2019-11-01 | 73 days | 1,791 sqft |
| 2019-12-01 | 85 days | 1,759 sqft |
| 2020-01-01 | 94 days | 1,757 sqft |
| 2020-02-01 | 95 days | 1,748 sqft |
| 2020-03-01 | 76 days | 1,768 sqft |
| 2020-04-01 | 70 days | 1,777 sqft |
| 2020-05-01 | 71 days | 1,792 sqft |
| 2020-06-01 | 68 days | 1,796 sqft |
| 2020-07-01 | 63 days | 1,791 sqft |
| 2020-08-01 | 53 days | 1,776 sqft |
| 2020-09-01 | 59 days | 1,738 sqft |
| 2020-10-01 | 64 days | 1,728 sqft |
| 2020-11-01 | 60 days | 1,639 sqft |
| 2020-12-01 | 64 days | 1,578 sqft |
| 2021-01-01 | 72 days | 1,580 sqft |
| 2021-02-01 | 75 days | 1,524 sqft |
| 2021-03-01 | 61 days | 1,487 sqft |
| 2021-04-01 | 48 days | 1,567 sqft |
| 2021-05-01 | 45 days | 1,556 sqft |
| 2021-06-01 | 37 days | 1,619 sqft |
| 2021-07-01 | 36 days | 1,633 sqft |
| 2021-08-01 | 39 days | 1,650 sqft |
| 2021-09-01 | 42 days | 1,647 sqft |
| 2021-10-01 | 43 days | 1,568 sqft |
| 2021-11-01 | 47 days | 1,485 sqft |
| 2021-12-01 | 59 days | 1,468 sqft |
| 2022-01-01 | 66 days | 1,414 sqft |
| 2022-02-01 | 59 days | 1,368 sqft |
| 2022-03-01 | 52 days | 1,395 sqft |
| 2022-04-01 | 38 days | 1,420 sqft |
PEORIA's median listing age (time on market) for 2022-04-01 was 38 days.
This
is -21%
shorter
than the same period one year ago.
PEORIA's median square footage for active listings during the 2022-04-01 period was 1,420 sqft. One year prior, the average listing was 1,567 sqft.
PEORIA's median square footage for active listings during the 2022-04-01 period was 1,420 sqft. One year prior, the average listing was 1,567 sqft.
