Monticello, IL Mortgage Company
Your go to mortgage company near Monticello, IL, celebrating its 26th year in business. In order to assure consumers are finding the best Monticello mortgage rates it’s important to shop around. We encourage Monticello consumers to compare so they can see on paper how good we really are. It’s common misconception for Monticello borrowers to think popular lenders and banks offer a better mortgage. This couldn’t be further from the truth, always know our Monticello wholesale mortgage rates are lower. A wholesale rate equals a lower payment, saving thousands over the life of the mortgage. Work with a local mortgage company near Monticello and enjoy the savings of a wholesale mortgage.
The Monticello Mortgage Company with Options
When it comes to Monticello home loan options we have them all. Every day Monticello welcomes new home buyers while current residents refinance their homes.
Home Buyer Options Home buyers with good credit are settling for our conventional loan with 3% down, some opt to keep the savings in the bank and get a Monticello home buyer grant to cover the down payment. Our fair and bruised credit borrowers like the Monticello FHA mortgage option, programs start with lower credit scores and FHA grant options are still an option pending FICO scores.
Refinancing Options When it comes to refinancing your Monticello, IL home you have options. Rate and term, cash out, and debt consolidation are all common reasons to refinance a home. When mortgage rates drop consumers refinance to a lower rate to save on their payment. Some consumers who have adjustable rate mortgage loans refinance into a fixed rate. Those looking to pay off the mortgage faster will often refinance to a shorter term, example from a 30 year fixed rate to a 15 year fixed or even a 10 year fixed term. When consumers are feeling the stress of high interest credit card debt a debt consolidation refinance might be the right option. Paying off high interest debt into a low 30 year fixed rate makes for the ultimate stress reliever. Monticello residents are also taking cash from their equity to invest in other properties, take a well needed vacation, or even pay for college tuition.
Mortgage experts near Monticello, IL are standing by and ready to help. Connect with a licensed Monticello home loan specialist, ask questions, see if you qualify, and get free quotes. Call (888)416-0920
Mortgage Company near Monticello, IL
We are the #1 rated mortgage company near Monticello, IL. Regardless of what a consumer thinks, Monticello Mortgage Brokers offer a wholesale rate and lower costs. Going directly to the bank or a mortgage lender is not a better option. If you are in doubt, it is always a good idea to get a couple of quotes and compare them. If you still don’t understand the difference between wholesale and retail mortgage rates call (888)416-0920. A Monticello, IL Mortgage Broker will be able to offer you more programs. Banks and Lenders have set mortgage guidelines including set credit score limits. Mortgage Brokers in Monticello can work with all types of credit scores.
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Mortgage Company Benefits in Monticello, IL
- No Application Fee
- Wholesale mortgage rates
- A+ Rating with the BBB
- Refinance with Cash Out
- Grants for New Buyers
- 5 Star Excellent Rating
Find a Mortgage Company near Monticello, IL (888)416-0920.
Monticello (/ˌmɒntɪˈtʃɛloʊ/ MON-tih-CHEL-oh) was the primary plantation of Thomas Jefferson, the third President of the United States, who began designing and building Monticello at age 26 after inheriting land from his father. Located just outside Charlottesville, Virginia, in the Piedmont region, the plantation was originally 5,000 acres (20 km2), with Jefferson using slaves for extensive cultivation of tobacco and mixed crops, later shifting from tobacco cultivation to wheat in response to changing markets. Due to its architectural and historic significance, the property has been designated a National Historic Landmark. In 1987 Monticello and the nearby University of Virginia, also designed by Jefferson, were together designated a UNESCO World Heritage Site. The current nickel, a United States coin, features a depiction of Monticello on its reverse side.
Jefferson designed the main house using neoclassical design principles described by Italian Renaissance architect Andrea Palladio and reworking the design through much of his presidency to include design elements popular in late 18th-century Europe and integrating numerous ideas of his own. Situated on the summit of an 850-foot (260 m)-high peak in the Southwest Mountains south of the Rivanna Gap, the name Monticello derives from the Italian for “little mount”. Along a prominent lane adjacent to the house, Mulberry Row, the plantation came to include numerous outbuildings for specialized functions, e.g., a nailery; quarters for domestic slaves; gardens for flowers, produce, and Jefferson’s experiments in plant breeding—along with tobacco fields and mixed crops. Cabins for field slaves were farther from the mansion.