Illinois Mortgage Rates

We've compiled mortgage rate and origination data from Illinois to give you an idea of where other borrowers are at. This data is based fixed rate, conforming loan data from Fannie Mae and Freddie Mac.

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Illinois Mortgage Statistics
Average Loan Size
$243,241
Loan to Value
7%
74%
97%
Credit Score
600
760
839
Originations by Loan Term / Average Rates
72.2 %
30 Year Fixed
1.990%
3.18%
6.250%
low
average
high
21.2 %
15 Year Fixed
1.750%
2.71%
5.500%
low
average
high
6.5 %
20 Year Fixed
2.125%
3.08%
5.875%
low
average
high
Top 5 Originators in Illinois
3.5 %
US Bank
1.6 %
Pennymac Home Loans
0.5 %
Quicken Loans
0.1 %
Finance of America Mortgage
94.3 %
Other
Originations by Property Type
67.4 %
Single Family
16.9 %
Planned Unit Development
15.6 %
Condo
0.1 %
Manufactured Home
Originations by Loan Purpose
55.2 %
Refinance
30.8 %
Purchase
14.0 %
Cashout Refinance