Construction and renovation loans

Nothing on the current real estate market satisfies you? A construction or renovation loan may be right for you.
If you would like to build your dream home or if you find a house to buy with spectacular potential but requires major repairs or reconstruction, a renovation loan can make your vision possible. Using one loan for the home’s purchase and improvements really simplifies the process.

Contact us to get started.

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.


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GRU Financial Corp.

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

GRU Financial Corp. Member of NAMB and IAMP. Equal Housing Lender. Tools and calculators serve as a courtesy to help you estimate your mortgage needs. Results shown are estimates only.

All home lending products are subject to credit and property approval. Rates, program terms and conditions are subject to change without notice. Restrictions and limitations apply. Results of the mortgage affordability are estimates; the estimate is not an application for credit and results do not guarantee loan approval or denial.


State of Illinois Community Reinvestment Notice
The Department of Financial and Professional Regulation (Department) evaluates our performance in meeting the financial services needs of this community, including the needs of low-income to moderate-income households. The Department takes this evaluation into account when deciding on certain applications submitted by us for approval by the Department. Your involvement is encouraged. You may obtain a copy of our evaluation. You may also submit signed, written comments about our performance in meeting community financial services needs to the Department.