Tallula, Illinois Mortgage Rates

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Tallula Home Purchase Rates

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Rates based on a Loan Amount of $315,000, Loan to Value (LTV) 70%, Credit FICO Score 770 Rates, terms, and fees as 2/24/2023 11:00 AM Central Standard Time and subject to change without notice. Rates are posted daily at 11am Monday – Friday.  Rates are not posted on the weekend. Call the Smart Mortgage rate lock line now (888) 999-1350.

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    Tallula is a village in Menard County, Illinois, United States. It was founded in 1857 by William G. Greene. The population was 488 at the 2010 census. It is part of the Springfield, Illinois Metropolitan Statistical Area.

    William G. Greene, J. G. Greene, Richard Yates, T. Baker, and W. G. Spears laid out Tallula in late 1857. The name of “Tallula” was said to be an Indian word. The History of Menard & Mason Counties, Illinois credits Spears with the name, and notes that it was said to mean “dropping water”, but nothing in the area is especially related to dropping water;[4] the county tourist bureau claims that William G. Greene named the town, that it means “trickling water”, and that it is related to “abundant springs in the area”.[5]