Mortgage lending in Kankakee, IL
2,072 mortgages were originated in the Kankakee, IL area in 2025, and here is what they cost.
30-year fixed, this week
6.58%
Freddie Mac’s survey average for the week of July 23, 2026 — a year earlier it was 6.75%, and the past year ranged 5.98–6.72%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 2,072
- Median rate
- 6.750%
- Median lender fees
- $5,050
- Median loan amount
- $155,000
- Median spread over APOR
- 0.504
- Paid discount points
- 32.2%
- Received lender credits
- 18.7%
- Purchases / refinances
- 57.5% / 29.2%
- Conventional / FHA / VA
- 76.9% / 16.4% / 6.5%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 60.1% of loans here — see methodology.
Who lent here
Lenders with at least 50 loans in the Kankakee, IL area, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Rocket Mortgage, LLC | 156 | $5,614 | 6.500% |
| Municipal Trust and Savings Bank | 131 | — | — |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | 128 | $4,755 | 6.625% |
| Midland States Bank | 112 | $3,275 | 6.563% |
| Peoples Bank of Kankakee County | 98 | — | — |
| UNITED SHORE FINANCIAL SERVICES, LLC | 89 | $7,053 | 6.500% |
| GUARANTEED RATE, INC. | 82 | — | 6.750% |
| PNC Bank, National Association | 69 | — | 7.430% |
| National Bank of St. Anne | 66 | — | — |
| Ixonia Bank | 50 | — | — |