Lowering the mortgage rate is not the only reason to refinance.
Other reasons to refinance are:
1. cash-out
2. lower mortgage term (for example from 30 years to 15 years)
3. paying off ballon payment
4. converting adjustable rate to fixed rate mortgage
We will provide you with free credit and income analysis, and advise you how to prepare for the purchase.
We will explain what documentation is required to effectively start the process.
1410 Higgins Rd. Suite 103 • Park Ridge, IL 60068
Phone: (847) 292-0011 • Fax: (847) 292-0022
Illinois Residential Mortgage Licensee MB.6760249 NMLS: 189514
Regulator:
Illinois Department of Financial and Professional Regulation
Division of Banking, Bureau of Residential Finance
555 W. Monroe Street, 5th Floor. Chicago, IL 60661
General Inquiries: 1-888-473-4858 TYY: 1-866-325-4949
Website: idfpr.illinois.gov
For licensing information, go to: www.nmlsconsumeraccess.org