Real Estate and Mortgage Guide for Springfield, IL

Springfield is Illinois’ state capital as well as being Sangamon’s county seat. While the actual city has 117,000 residents the Springfield metro area has over 210,000+ residents.

Population and Number of Homes

According to the census conducted in 2010 Springfield has slightly more than 117,000 citizens and over 49,000 housing units. The density of the people is 2,060+ per square mile.

Considering the large size of the population it is no surprise that each range of ages is well represented in Springfield. Over 14% of the population is above the age of 64. About 23% of the population falls in the ages of 45 and 64. About 30% are in the 25 to 44 age group. 8% are college-aged and 28% are younger than 18.

Local Economy

The companies that employ the largest number of people are based on either government related duties, healthcare or education. Here is a list of top companies based on employee numbers

  • State of Illinois
  • Memorial Medical Center
  • St John’s hospital
  • Springfield Public Schools
  • University of Illinois – Springfield campus

Average Weather

Springfield enjoys a mild weather climate. The summer months are warm with some degree of humidity. The hottest period is usually in July when temperatures can top out at 86 degrees. The winter months have cold temperatures that can reach down to 19 in January. About 35 inches of rain will fall on the city during the course of a typical year along with several inches of snow during the winter months. Springfield has also had its host of tornadoes during the last several years.

Universities, Colleges and Junior Colleges

Springfield is home to 4 universities

  • Benedictine University at Springfield
  • University of Illinois at Springfield
  • Robert Morris University
  • Southern Illinois University School of Medicine – Springfield campus

There is also the Lincoln Land Community College located in Springfield

Public School System

The Springfield public school system is called District number 186. The district has 3 public high schools

  • Springfield Southeast High School
  • Lanphier High School
  • Springfield High School

The district also has 24 elementary schools in addition to one early learning center.

Private Schools

Springfield has 3 private high schools that are faith based organizations

  • Calvary Academy
  • Sacred Heart Griffin High School
  • Lutheran High School

Important Stats for Level of Education

For the residents that are over age 25, here are the major education statistics

  • 90% have graduated from high school
  • 37% have earned a bachelor’s degree
  • 15% have earned a professional or graduate degree
  • The unemployment rate is 8%

Transportation Options

Amtrak operates a train line that moves passengers from Chicago to St Louis. The public bus system is operated by Springfield Mass Transit District.

Abraham Lincoln Capital Airport has commercial flights that transport passengers to Orlando, Fort Meyers, Chicago/O’Hare, and Dallas/Fort Worth airports.

Popular Restaurants and Other Hot Spots

  • Saputo’s – traditional Italian cuisine
  • Cafe Brio – American cafe
  • D’arcy’s Pint – Irish food and pub
  • Obed & Isaacs – American brewery
  • Charlie Parkers – diner
  • Little Saigon – Vietnamese food
  • Augie’s Front Burner – American menu
  • Osaka – Japanese cuisine
  • Magic Kitchen – Thai restaurant
  • Smokey Bones Bar & Fire Grill – barbecue

There are a range of other activities to entertain and thrill throughout Springfield

  • Knight’s Action Park – small water theme park
  • King Pin Lanes – bowling alley along with quick serve menu
  • Henson Robinson Zoo
  • Lincoln Memorial Garden Nature center


Springfield has 2 primary hospitals, St John’s Hospital and Memorial Medical Center.

Outdoor Activities

Springfield operates more than 30 different parks for public access across the entire city.

Along Sangamon River is Carpenter Park. This park is situated on the north side of Springfield and is a nature preserve area. Due to the wide variety of trees in the park, this area has become home to over 82 bird species.

There is also Washington Park which covers over 150 acres. In this park are many walking trails and a duck pond as well as the botanical garden and the popular Carillion which hosts several Carillion concerts.

Why Choose us as Your Springfield Mortgage Lender?

We are a Mortgage Lender specializing in mortgage loans since we first opened our doors. With licensed offices in 47 states, we have the staff and the experience to meet any home loan needs.

We were named to Mortgage Executive Magazine's list of Top 100 Mortgage Companies in America. In 2018 we were awarded as a Top Mortgage Lender in Top Dollar Volume by Scotsman Guide. We were also named a Top Workplace by the Houston Chronicle for the 5th year. Finally, we were named to Inc. 5000 list of Fastest-Growing Private Companies in America.

Besides these accolades, we are proud that President Ron Zach was named to National Mortgage Professional Magazine’s list of the 40 most influential mortgage professionals under 40.

How to Buy a Home in Springfield with Little or No Money Down

Of course you want to buy a home in Springfield with no down payment. Who doesn’t?

Here’s how you do it:

Many people never buy the home of their dreams simply because they don't think they have enough money for the down payment. They have been told through the years that they need 10% or 20% of the purchase price in order to buy a home. Well, this is true for the conventional/conforming loan programs but not for Springfield Government loans.

So why have so many Lenders told them this?

It’s because selling homes to people with 10% or 20% down is easier than selling homes to people who have little or no money for a down payment. Most mortgage loan officers would rather go after the "easy sale" than try to help people who would rather save the down payment money for a rainy day or for current and future repairs/upgrades.

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