If you've never bought a home before, the number of mortgage loan options can be overwhelming. What's the difference between a conventional loan and a government loan, and should you go with an adjustable-rate or fixed-rate mortgage? Even if you have bought a home before, if it's been several years, then you might not remember everything you'll want to know before making a decision about which loan type is going to be best for your situation.
There's good news, though. It won't take long to get a handle on the different types of loans available to you and figure out which one best fits your circumstances. All thanks to my preferred partner lenders, who are always happy to explain the differences between different kinds of mortgage loans and eventually support you when choosing the one most suitable for your finances.
Here’s our short guide to help you out: Getting Started
When you've never purchased a home before, the process can seem daunting. That's why a trusted, reputable and responsive lender is a "must-have". As REALTORS®, we help buyers purchase homes dozens of times every year and have had good and bad experiences. Let us weed out the bad experiences for you! Part of our value to you is to be able to connect you with only the best lenders to ensure your purchase process goes as smoothly as possible. Of course, if you have a specific need (for example, a renovation loan), one lender may be better suited for your situation than another. Let us help point you in the right direction!
Guaranteed Rate - Bianca Stone
219 S Main St, Lombard, IL 60148
Cross Country Mortgage - Frank Cecala
1060 E Lake St, Suite 300, Hanover Park, IL 60133
Fairway Mortgage - Jason Spock
550 Warrenville Rd, Suite 300, Lisle IL 60532
HomeBridge Financial Services (Renovation Loan Expert - Juan Loya)
17W635 Butterfield Rd, Suite 100, Oakbrook Terrace, IL 60181