Mortgage Loans
Whether you're looking to take out your first mortgage or refinance your current one, our professional lending team will tailor a loan for you.
Our decisions are made locally, so you'll speak to a real person that lives in the Tri-States area and has your best interest at heart. Get pre-qualified and increase your buying power in the market.
- Summary
- Competitive rates
- Flexible terms
- 15, 20 and 30-year fixed rate mortgages
- Adjustable Rate Mortgages (ARMs) available
- Bi-weekly payments available
- Free consultation
- Pre-qualification available
- Required Documents Checklist
- Copies of employee W-2 forms (or 1099 forms) for the last two years.
- Copy of two most recent consecutive pay-stubs for each borrower.
- Copies of bank statements for checking and savings accounts for the last three months. If the account has been opened for less than six months, verification of the original source of funds.
- Copy of the most recent statement for money market accounts, CDs, brokerage accounts, etc.
- Copies of the most recent credit card statements and year-end mortgage loan statement.
- Self-employed individuals, corporate officers, family businesses and commissioned individuals, and verification of interest dividends, pension and trust fund income.
- Downpayment Plus Program
****Funds are no longer available for 2011****
This income-based program is offered through the Illinois League of Financial Institutions.
- Up to a $6,000 grant per household (while funds last)
- Not restricted to first time home buyers
- Use for down payment, closing costs, rehab costs
- Borrowers minimum cash contribution - $1,000
- Must retain as primary residence for 5 years (An amount of 1/60 of the grant is forgiven each month. The borrower is subject to repayment if the property is sold prior to the end of the 5 year retention period.)
