Rent or buy?
Mortgage versus HELOC
What kind of documentation will I need?
The legal people say we need to collect information about your work history, W-2s, pay stubs, mortgage statement, and proof of homeowner’s insurance.
What kind of mortgage do I need?
We manage your conventional, home equity, or balloon loan. With this, you will enjoy flexible terms, in-house underwriting, fast turnarounds, and decisions made by local bankers.
We partner with industry leaders for FHA, VA, Conventional and Down Payment Assistance Programs.
Unsure what mortgage is right for you? Contact our Real Estate Lending department at 815-282-0300.
How much can I afford for a home loan?
Use our mortgage calculator to estimate your monthly payments, see how the interest rate can affect your payments, and more!
When should I refinance my mortgage?
As mortgage rates and your financial goals change, you might consider the benefits of a mid-loan refinance. We can walk you through the options that could meet your goals, whether that’s a shorter loan or a smaller monthly payment.
What is equity and how does it impact borrowing?
Equity is the current value of your home minus the amount you still owe on your mortgage.
For example, let’s say your home is valued at $200,000 and you still owe $150,000. You would have $50,000 in equity! Nice!
