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What does it costs to submit a loan application? |
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Nothing. You can submit a loan application and become pre-approved for a loan without incurring any upfront charges. When you decide to proceed, fees may be charged to process and settle your loan. |
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Do I need to pick the property I want to buy before I submit an application? |
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No, it's not necessary. We generally pre-qualify applicants in part to determine the maximum purchase price they can afford before they meet with the real estate agent. Most people prefer this option as it helps to narrow their search for a new home. |
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I have some past or present credit problems? |
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We have helped many families obtain home financing that have credit problems in the past or present. We offer many loan programs for individuals with bankruptcies and other credit problems. Please call us at 630-693-4600 with any questions you may have. |
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After I submit an application what happens next? |
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Once your application is submitted, one of our Loan Officers will be immediately assigned to your account and will be calling you with information concerning your loan. |
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Does Midwest Home make loans in all of Illinois? |
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Yes. We can make loans in all of Illinois. We use local vendors for all the services required to make your loan. |
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I've never applied for a mortgage over the Internet before? |
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More and more people opt for the convenience that the internet can provide. Our secured server protects all your personal information. If you feel uncomfortable with the Internet, please call us at 630-693-4600 and we can help you the "old-fashioned" way right over the telephone! |
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