Rates and Programs

Mortgage Purchase Rates

15 Year Fixed

Rate 5.500%  /  APR 5.763%

Conventional Assumptions: Purchase Price $312,500, Loan Amount $250,000, single family home, Illinois primary residence, 80% loan-to-value, credit score 780 or higher, escrow required, 45-day rate lock
Refinance Assumptions: Single family home, Illinois primary residence, 80% loan-to-value, credit score 780 or higher, escrow required, 45-day rate lock.

30 Year Fixed

Rate 6.375%  /  APR 6.542%

Conventional Assumptions: Purchase Price $312,500, Loan Amount $250,000, single family home, Illinois primary residence, 80% loan-to-value, credit score 780 or higher, escrow required, 45-day rate lock.

30 Year Fixed First-Time Homebuyer

Rate 6.125%  /  APR 6.287%

0HomeReady Assumptions: Purchase Price $260,000, Loan Amount $252,200, single family home, Illinois primary residence, 97% loan-to-value, credit score 780 or higher, escrow required, 45-day rate lock, income limits apply; income cannot exceed 80% of the area median income(AMI). 

30 Year Fixed FHA

Rate 6.125%  /  APR 7.524%

FHA Assumptions: Purchase price $210,000, Loan Amount $206,196, 3.5% down-payment, 680 credit score, Illinois primary residence only, single family home, fees include 1.75% up front mortgage insurance premium (UFMIP) as required by FHA, results in higher APR, 45-day rate lock.

30 Year Fixed VA

Rate 6.125%  /  APR 6.490%

VA Assumptions:  Purchase price $200,000, Loan Amount $204,300, no down-payment, 680 credit score, Illinois primary residence only, single family home, fees may include 2.15% VA funding fee as required by VA, first-time use, regular military, 45-day rate lock.

 

Rates current as of 11/21/2025 at 09:45 a.m.

Rates are subject to change at any time; longer rate lock periods may be required