I want to compliment you and your staff for the wonerful treatment I received in the refinancing of my home. All of you were so kind and professional, which made the transaction very comfortable and seamless. Thank you also for the expeditious manner that the loan was financed. Rao Family Naperville, IL
After throwing our money away on rent for months I decided it was time to buy my own home. I started calling around to different mortgage companies, and got the run-around. I knew it wasn't going to be easy. Then I called Smart Mortgage. My loan officer made himself available to me at odd hours of the day. Now I have a house I can call a home. Smart Mortgage helped me to make my dreams come true. Mbilizi Family Cortland, IL
Let me begin by thanking Smart Mortgage for their efforts in securing the best possible rate for my refinance loan. Thank you for keeping us constantly informed through all stages of the loan process. I guess the best possible testimonial for any business can be measured by not only a satisfied customer but by a repeat one. And you definitely have earned a repeat customer. P. Smith Plainfield, IL
I want to sincerely say I enjoyed doing business with you and will recommend you to my friends and business associates who are interested in buying or refinancing real estate. P. Schmitt Geneva, IL
As you well know this was my first experience with home ownership and I have to say I was extremely impressed with your customer service and responsiveness. Everyday I dealt with you was great. Thank you for your excellent follow through and great service. S. Menon Gurnee, IL
I want to thank you for all your efforts in helping us refinance our home. Everything went smoothly and efficiently - I can't believe the process was so painless. I'm sure your job was more difficult with our loan officer in Chicago and me flying all over as a flight attendant, but your attention to detail and great communication skills made this refinance easy. We look forward to referring friends and neighbors to you in the future. J. Correia Chicago, IL
It was a pleasant experience to close a loan with your organization. My loan officer was very professional, consultive and communicated thoroughly throughout the loan transaction. He gets my highest praise! P. Surti Aurora, IL
With not so perfect credit, Smart Mortgage was the only one willing to work withme to become a first time homebuyer, I'll recommend Smart Mortgage to all my friends. L. Stark Naperville, IL
The best, friendliest, low cost mortgage company we've ever worked with, and we've been around a long time. Peterson Family Plainfield, IL
You welcomed me into the office to help me with my loan options, and were available anytime of the day. Thank you so much.
You made the whole loan process so easy and stress free.
Maybe you are buying your first home in Illinois, or perhaps you're relocating to Illinois from another state. Then again, you may be a long-time Illinois resident who is looking to either refinance your current Illinois mortgage or take out a home equity loan for home improvements. Regardless of your situation, it's important that you educate yourself on Illinois mortgages before shopping for a home and/or mortgage.
The median price of a home in Illinois is $211,500. Recently, homes in Illinois have been appreciating at rates well above the national average. As a result, income levels in many parts of Illinois are too low to purchase a median-priced home with a conventional Illinois mortgage / Illinois mortgages. Although average interest rates in Illinois are below the national average, Illinois has one of the lowest levels of home affordability in the nation.
In Illinois, before a buyer submits an offer on a home, their real estate agent is required to present them with a completed Real Estate Transfer Disclosure Statement. This document, completed by the seller of the property, requires the seller to name all of the property that will be included in the purchase (refrigerator, stove, alarm system, etc.) and rate certain aspects of the conditions of both the included property and of the house itself. This document requires the seller to disclose any potential problems or hazards that may discourage the buyer from putting an offer in on the home. This disclosure statement must be signed before the contract is valid and you can obtain your Illinois mortgage. Also in Illinois mortgages.
In July of 2002, Illinois law enacted a set of anti-predatory lending laws in order to help protect Illinois homebuyers from predatory lenders through their Illinois mortgages. Some of the provisions of this new set of laws include the prohibition of a lender charging points and fees in excess of 6% of the total principal financed amount, the prohibition of a mortgage company issuing a loan to a borrower in an amount that the borrower could not reasonably afford to repay, and the prohibition of the financing of single-premium credit insurance, among others. This law helps to assure that you get the best Illinois mortgage possible without subjecting yourself to risks of predatory lending.
Specializing in Debt Consolidations, Stated Loans, Chicago Mortgages and Illinois Mortgages. Also Debt Consolidation, Stated Loan Chicago Mortgage and Illinois Mortgage.
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