MORTGAGE LOANS
That best suit your needs
We provide the best programs that suit all of our clients needs. Below you will find their descriptions, the key advantages and the minimum down-payments necessary for each program.
ADJUSTABLE RATE MORTGAGE LOAN
The adjustable-rate mortgage (ARM) is a type of loan that issues an interest rate that changes periodically and is reflected off an index, causing monthly payments to fluctuate over time. ARMs have a different layout compared to other mortgages. For …[read more]
Minimum Credit Score
Key Advantage
LOW INTEREST RATE LOW PAYMENTS
CONVENTIONAL LOAN
A conventional loan is a type of mortgage loan that is not guaranteed by the government or a federal agency. This includes the Federal Housing Administration (FHA) and the Department of Veterans Affairs (VA). Lenders will usually offer. …[read more]
Minimum Credit Score
Key Advantage
NO UPFRONT PMI VARIOUS LONG AND SHORT TERM FIXED RATE ADJUSTABLE PRODUCTS AND AMORTIZATION TERMS
FHA LOAN ILLINOIS
An FHA Loan Illinois is insured by the Federal Housing Administration and issued by a private mortgage lender. FHA loans are attractive to potential borrowers because they allow people to purchase homes with a small down payment and average credit sc …[read more]
Minimum Credit Score
Key Advantage
LOW DOWNPAYMENT LOW CREDIT SCORE
FHA STREAMLINE REFINANCE
An FHA Loan Illinois is insured by the Federal Housing Administration and issued by a private mortgage lender. FHA loans are attractive to potential borrowers because they allow people to purchase homes with a small down payment and average credit sc …[read more]
Minimum Credit Score
Key Advantage
NO APPRAISAL REQUIRED NO INCOME VERIFICATION
HOMEPOSSIBLE
HomePossible is a special loan product offered by Freddie Mac that is designed for low to moderate-income borrowers. This program is currently expanded to help low credited borrowers finance homes in low-income areas. …[read more]
Minimum Credit Score
Key Advantage
FREDDIE MAC 3% DOWN WITH LOWER PMI FACTOR SAME AS CONVENTIONAL LOAN PRODUCTS
JUMBO MORTGAGE LOAN
A jumbo loan also referred to as a non-conforming mortgage, is a loan for homeowners that need a loan greater than the conforming loan limit in their area. In 2021, Fannie Mae and Freddie Mac implemented a conforming loan size limit of $548,250. Howe …[read more]
Minimum Credit Score
Key Advantage
CONVENTIONAL PORTFOLIO LOANS WITH FIXED AND ADJUSTABLE TERMS THAT EXCEED NORMAL CONFORMING LOAN LIMITS
USDA LOAN ILLINOIS
The United States Department of Agriculture (USDA) created a loan program that allows borrowers to purchase a home with no down payment. More commonly, this mortgage product is known as the USDA loan program or the Rural Development Guaranteed Housin …[read more]
Minimum Credit Score
Key Advantage
100% LOANS FOR RURAL AREA ZIP CODE SPECIFIC
VA HOME LOAN
The United States Department of Veterans Affairs (VA) created a mortgage loan that provides financial assistance to veterans. This mortgage is guaranteed by the VA, which has helped over 25 million veterans and service personnel obtain a mortgage. Th …[read more]
Minimum Credit Score
Key Advantage
NO DOWNPAYMENT REQUIRED NO MONTHLY PMI
NOT SURE WHICH PROGRAM IS RIGHT FOR YOU?
Mortgage Loan
Reverse Mortgages
Now you can:
- Remodel your kitchen or bath
- Repair, replace, or update your roof, windows etc.
- Add a pool and landscape your new home.
- Upgrade your flooring.
- Heating and Air and much more