How Can We Help You?
If you’re thinking of buying a home in Chicago, you’re probably saddled with a variety of financial questions right now. Chicago is a gorgeous city to call home, offering a variety of neighborhoods with their own individual character. The last thing you want to worry about is if
you’re using the right loan for your specific home buying situation. If you’re looking for a loan that’ll save you money and capitalize from your good credit score, then look no further than a Conventional Loan.
Chicago Conventional Loans
Conventional Loans are always ready to adhere to your unique requirements, coming in with both fixed and adjustable rates up to 453,000 in most Chicago-based markets. For the higher costing areas, you can find one for even higher, depending your credit score. Known for being very competitive when it comes to rates today, Conventional Loans range from five to thirty years in terms. With a Conventional Loan, you can cash out up to 80% of your home’s value, receive same day pre-approval, and go a month without mortgage payments. Who doesn’t want that?
Other Conventional Loan benefits include:
- Debt to income ratios up to 50%
- Compatibility with condos, single family homes, up to 1-4 unit properties
- Acceptance with a credit score down to 620
- First-time home buyer programs with as little as 3% down payments
- Options with, as well as without, escrows or impounds
And the list goes on. Conventional Loans can be used for purchases, rate and term refinances, as well as cash out refinances. Talk about versatile! Additionally, they can be used for primary, secondary, or investment properties, offering options with NO PMI – even without the pesky up front large payment.
The Home Loan Expert Chicago Conventional Loans
We understand the value of Conventional Loans here in Chicago, which is why we move quickly with these specific types of loans – a luxury you won’t find with big banks today. You can count on us to process, close, and underwrite the loan, all done in-house with you in mind. We’ll work around the clock to secure you the Conventional Loan you deserve, with your future here in Chicago brightly ahead of you. Above all, we make the process totally easy, from start to finish.
For more information, contact us today:
Ryan Kelley The Home Loan Expert
Chicago Mortgage Company
1913 West Diversey Avenue
Chicago, IL 60614
See how much we can save you on your new Conventional Loan.
Our customer first approach to mortgages is what separates us from all of the other banks and mortgage companies. Our team will walk you through the process to ensure that your loan closes in a very timely manner. Our competition may think our philosophy on face-to-face customer service is excessive but our clients sure do appreciate it.
Better Home Loans with Lower Mortgage Rates
We provide you with several different mortgage loan options to ensure that you find the mortgage loan program that best fits your needs. Because of the volume of mortgage loans our team closes and the great relationships we have forged within our industry, we’re able to offer the most competitive mortgage interest rates to our clients.
We Are Mortgage Lenders, Not Mortgage Brokers
As a direct mortgage lender, our process has been streamlined from start to finish. Having the entire mortgage loan process contained under one roof allows us to quickly and efficiently close your loan. Our ability to use the newest mortgage loan products and underwrite our own files, allows us to approve loans that our competitors can’t.
SELECT A SPECIALTY LOAN
Don’t feel like driving?
That’s fine! We’ll come to you!
For anyone who is buried by bills, a Cash Out refinance can be a lifeline that saves you from crippling…
There are a ton of reasons to refinance your mortgage, from wanting to lower your monthly payment to paying off…
When you buy a home, you take out a mortgage. Whether you take out a 30 or a 15-year mortgage,…