Springfield, IL Mortgage Rates and Refinance Rates

Mortgages in Springfield, IL: Find the best Springfield, IL mortgage rates today from banks and credit unions. When results are displayed for mortgage rates in Springfield, IL, you can easily sort your search results by lender, rate, APR and points so you can easily compare results. Whether you’re looking for conforming, jumbo, adjustable or interest-only mortgage rates in Springfield, IL. Another option is searching for Springfield, IL refinance rates if you're looking to refinance a loan. Best of all you don't have to provide any personal information to see a list of Springfield, IL mortgage rates or refinance rates.

Search and Compare Springfield, IL Mortgage Rates & Refinance Rates



Springfield, Illinois Conforming Mortgage Rates and Refinance Rates

Conforming home mortgage rates in Springfield, IL are the most popular type of mortgages rates you can find advertised for home buyers in Springfield, IL. Conforming mortgages, also known as conventional mortgages, are mortgages that meet certain criteria set out by Federal Housing Finance Agency (FHFA). There is a loan limit set for each county in the United States. Higher mortgage loan limits are set for high housing cost areas. Springfield, IL mortgages that 'conform' to the standards set out by the Federal Housing Finance Agency can be purchased by government sponsored entities (GSE) like Freddie Mac and Fannie Mae. This process guarantees Springfield, IL banks, mortgage companies and credit unions are able to resell home mortgage loans that they make. This process also makes Springfield, IL conforming mortgage rates and refi rates lower than Springfield, IL jumbo mortgage rates and jumbo refinance rates because the GSE's can’t purchase jumbo mortgages that are made by Springfield, IL home finance companies, credit unions and banks.

Jumbo Mortgage Rates and Refinance Rates in Springfield, Illinois

Jumbo mortgage rates in Springfield, IL are advertised for home loans that have a dollar amount that is higher than conventional loan amounts. Jumbo mortgage rates and jumbo refinance rates are always higher than conventional mortgage rates for both fixed mortgage rates in Springfield, IL and adjustable mortgage rates in Springfield, IL. Interest rates are higher because third party investors buy the home loans credit unions, banks and mortgage companies in Springfield, IL make.

Springfield, Illinois Fixed Mortgage Rates and Fixed Refinance Rates

Springfield, IL fixed rate mortgages are the most common mortgage available to borrowers. With a fixed mortgage the interest rate stays the same for the entire loan period. Fixed mortgages are available in 40 years, 30 years, 20 years, 15 years and 10 years. The longer the mortgage term the lower the monthly mortgage payment will be.

Springfield, Illinois Adjustable Mortgage Rates

Adjustable Springfield, IL mortgage rates are fixed for a period of time and then the mortgage rate adjusts every year after. The most common adjustable mortgages terms available in Springfield, IL are 1 year, 3 year, 5year and 7 year. Adjustable rate mortgages are advertised as 1 year, 3/1, 5/1 and 7/1. Adjustable mortgages are available for conforming dollar amounts and jumbo dollar amounts in Springfield, IL. Most adjustable mortgages in Springfield, IL have yearly caps and life time maximum caps on how high the interest rate can fluctuate.



Google Map for Springfield, IL Rates & Resources


Springfield FDIC Insured Banks

Bank Name

FDIC Cert Number

Address

Athens State Bank

9631 Route 29 And Andrew Road, Springfield, IL 62707

Bank of Springfield

19506 2600 Stevenson Drive, Springfield, IL 62703

Bank of Springfield

19506 3400 West Wabash, Springfield, IL 62711

Bank of Springfield

19506 850 East Madison Street, Springfield, IL 62701

Carrollton Bank

12383 2135 West Wabash Avenue, Springfield, IL 62705

First Bankers Trust Company, National Association

16501 2201 Wabash Ave, Springfield, IL 62704

Illini Bank

19980 120 South Chatham Road, Springfield, IL 62704

Illini Bank

19980 2120 North Peoria Road, Springfield, IL 62702

Illini Bank

19980 3200 West Iles Avenue, Springfield, IL 62707

Illini Bank

19980 615 West Jefferson Street, Springfield, IL 62702

Illinois National Bank

3664 2450 North Dirksen Parkway, Springfield, IL 62702

Illinois National Bank

3664 2601 Chatham Road, Springfield, IL 62704

Illinois National Bank

3664 2849 South Sixth Street, Springfield, IL 62703

Illinois National Bank

3664 3150 West Wabash Avenue, Springfield, IL 62704

Illinois National Bank

3664 3201 Conifer Drive, Springfield, IL 62711

Illinois National Bank

3664 322 East Capitol Street, Springfield, IL 62701

Illinois National Bank

3664 Second And Monroe Street, Rm 203, Springfield, IL 62706

JPMorgan Chase Bank, National Association

628 200 South Dirksen Parkway, Springfield, IL 62703

JPMorgan Chase Bank, National Association

628 210 North Grand Avenue, West, Springfield, IL 62702

JPMorgan Chase Bank, National Association

628 2801 Greenbriar, Springfield, IL 62704

JPMorgan Chase Bank, National Association

628 One East Old State Capitol Plaza, Springfield, IL 62701

Marine Bank

20250 1401 North Dirksen Parkway, Springfield, IL 62702

Marine Bank

20250 1953 East Sangamon Avenue, Springfield, IL 62702

Marine Bank

20250 2136 East Cook Street, Springfield, IL 62703

Marine Bank

20250 3001 South Sixth Street, Springfield, IL 62703

Marine Bank

20250 3050 West Wabash Avenue, Springfield, IL 62704

Marine Bank

20250 3120 Robbins Road, Springfield, IL 62704

Marine Bank

20250 525 N. Fourth Street, Springfield, IL 62702

Peoples Bank & Trust

17320 2840 Mansion Road, Springfield, IL 62707

PNC Bank, National Association

6384 1101 Centre West, Springfield, IL 62704

PNC Bank, National Association

6384 1897 East Sangamon Avenue, Springfield, IL 62702

PNC Bank, National Association

6384 1949 East Sangamon Avenue, Springfield, IL 62702

PNC Bank, National Association

6384 2007 South Macarthur Boulevard, Springfield, IL 62704

PNC Bank, National Association

6384 3019 Chatham Road, Springfield, IL 62704

PNC Bank, National Association

6384 802 South 11th Street, Springfield, IL 62703

PNC Bank, National Association

6384 One Old Capital Plaza North, Springfield, IL 62701

Prairie State Bank and Trust

27362 1001 Durkin Drive, Springfield, IL 62704

Prairie State Bank and Trust

27362 1361 Toronto Road, Springfield, IL 62707

Regions Bank

12368 111 South Durkin Drive, Springfield, IL 62704

Regions Bank

12368 3000 South Sixth Street, Springfield, IL 62703

Security Bank, s.b.

27723 2500 Stevenson Drive, Springfield, IL 62703

Security Bank, s.b.

27723 300 South Grand Avenue West, Springfield, IL 62704

Security Bank, s.b.

27723 3001 Chatham Road, Springfield, IL 62704

Security Bank, s.b.

27723 510 E Monroe St, Springfield, IL 62701

TIB The Independent Bankersbank

23647 3161 West White Oaks Drive, Suite 300, Springfield, IL 62704

Town & Country Bank

18487 1925 South Macarthur Boulevard, Springfield, IL 62704

Town & Country Bank

18487 2401 West Wabash Avenue, Area D14, Springfield, IL 62704

Town & Country Bank

18487 2601 North Dirksen Parkway, Springfield, IL 62704

Town & Country Bank

18487 3601 Wabash Ave., Springfield, IL 62711

U.S. Bank National Association

6548 1911 Sangamon Avenue East, Springfield, IL 62702

U.S. Bank National Association

6548 205 South Fifth Street, Springfield, IL 62701

U.S. Bank National Association

6548 2501 South Veterans Parkway, Springfield, IL 62704

U.S. Bank National Association

6548 2723 South Sixth Street, Springfield, IL 62703

U.S. Bank National Association

6548 2801 Chatham Road, Springfield, IL 62704

U.S. Bank National Association

6548 800 North Grand Avenue East, Springfield, IL 62702

United Community Bank

19459 1900 West Iles Avenue, Springfield, IL 62704

United Community Bank

19459 617 Bruns Lane, Springfield, IL 62702

United Community Bank

19459 700 Stevenson Drive, Springfield, IL 62703

Warren-Boynton State Bank

11674 3030 Spring Mill Drive, Springfield, IL 62704

Williamsville State Bank & Trust

12388 1748 West Wabash Avenue, Springfield, IL 62704

Williamsville State Bank & Trust

12388 3341 Old Jacksonville Road, Springfield, IL 62791

Woodforest National Bank

23220 1100 Lejune Drive, Springfield, IL 62703

Woodforest National Bank

23220 2760 N Dirksen Parkway, Springfield, IL 62702