Port Barrington, IL Mortgage Company
Your go to mortgage company near Port Barrington, IL, celebrating its 26th year in business. In order to assure consumers are finding the best Port Barrington mortgage rates it’s important to shop around. We encourage Port Barrington consumers to compare so they can see on paper how good we really are. It’s common misconception for Port Barrington borrowers to think popular lenders and banks offer a better mortgage. This couldn’t be further from the truth, always know our Port Barrington 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 Port Barrington and enjoy the savings of a wholesale mortgage.
The Port Barrington Mortgage Company with Options
When it comes to Port Barrington home loan options we have them all. Every day Port Barrington 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 Port Barrington home buyer grant to cover the down payment. Our fair and bruised credit borrowers like the Port Barrington 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 Port Barrington, 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. Port Barrington 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 Port Barrington, IL are standing by and ready to help. Connect with a licensed Port Barrington home loan specialist, ask questions, see if you qualify, and get free quotes. Call (888)416-0920
Mortgage Company near Port Barrington, IL
We are the #1 rated mortgage company near Port Barrington, IL. Regardless of what a consumer thinks, Port Barrington 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 Port Barrington, 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 Port Barrington can work with all types of credit scores.
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Mortgage Company Benefits in Port Barrington, 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 Port Barrington, IL (888)416-0920.
Port Barrington is a village in Lake and McHenry counties in the U.S. state of Illinois. It was formerly known as Fox River Valley Gardens. Fox River Valley Gardens’ village board voted 4-3 in September 2002 to change the community’s long name to Port Barrington. There was a fight over the town name when the new Riverwalk subdivision homeowners were sold homes with a Barrington (60010) village name and zip code. In 2002, when the town announced that it would change to “Fox River Valley Gardens”, the new home values fell significantly and immediately. Some people trying to sell their homes at the time found themselves “underwater” (selling at a loss). This prompted citizens in the Riverwalk section of town to express their objection to what appeared to be a “bait and switch” in the town name and zip code as it affected home value. There were several tense town meetings where legal action was being considered by the new residents of the village. The population was 1,517 at the 2010 census,[3] up from 788 in 2000.
The town is a very active community. Winter has people snowmobiling, cross country skiing, ice fishing and ice skating on village trails and lakes. In the summer, cyclists, runners, fishermen and boaters come from all over the area to this town. The Broken Oar and the Lake County Marina are the two largest attractions.