Somonauk, IL Mortgage Company

Your go to mortgage company near Somonauk, IL, celebrating its 25th year in business.  In order to assure consumers are finding the best Somonauk mortgage rates it’s important to shop around.  We encourage Somonauk consumers to compare so they can see on paper how good we really are.  It’s common misconception for Somonauk borrowers to think popular lenders and banks offer a better mortgage.  This couldn’t be further from the truth, always know our Somonauk 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 Somonauk and enjoy the savings of a wholesale mortgage.

The Somonauk Mortgage Company with Options

When it comes to Somonauk home loan options we have them all.  Every day Somonauk 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 Somonauk home buyer grant to cover the down payment.  Our fair and bruised credit borrowers like the Somonauk 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 Somonauk, 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.  Somonauk 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 Somonauk, IL  are standing by and ready to help.  Connect with a licensed Somonauk home loan specialist, ask questions, see if you qualify, and get free quotes. Call (888)416-0920

Mortgage Company near Somonauk, IL

We are the #1 rated mortgage company near Somonauk, IL.  Regardless of what a consumer thinks, Somonauk 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 Somonauk, 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 Somonauk can work with all types of credit scores.

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    Mortgage Company Benefits in Somonauk, 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 Somonauk, IL (888)416-0920.

    Somonauk is a village in DeKalb and LaSalle Counties in the U.S. state of Illinois. The population was 1,893 at the 2010 Census.

    The DeKalb County portion of Somonauk is part of the Chicago-Naperville-Elgin, IL-IN-WI Metropolitan Statistical Area, while the small portion that lies in LaSalle County is part of the Ottawa–Peru, IL Micropolitan Statistical Area.