Lowest closing cost mortgage lenders in Franklin County County, Illinois
In Franklin County, Illinois, homebuyers paid a median of $3,669 in closing costs in 2024 — below the Illinois median of $6,096. The county saw 194 purchase mortgages at a median rate of 6.75%. Among lenders with 10+ originations, MORTGAGE RESEARCH CENTER, LLC offered the lowest median costs at $1,814, which is $794 less than the county median.
Homebuyers in Franklin County County who chose MORTGAGE RESEARCH CENTER, LLC paid $1,855 less in closing costs than the county median.
County Median Costs
$3,669
−39.8% vs Illinois ($6,096)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$1,313
Purchase Originations
194
vs Illinois Median
39.8% below
$-2,427
vs National Median
45.6% below
$-3,072
Lender rankings in Franklin County County
4 lenders with 10+ originations, ranked by median total loan costs.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,566 | 6.500% | $750 | 31 | −$356 | |
| 2 | $2,826 | 6.625% | $1,318 | 10 | −$97 | |
| 3 | $2,891 | 7.000% | $1,275 | 17 | −$32 |
Includes lenders with 10+ purchase originations in Franklin County County. Source: HMDA 2024. Sorted by median total loan costs.
View detailed closing cost breakdowns and user reviews for lenders in Illinois → Lender Directory
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.