Home Refinancing Elgin IL

Homeowners can apply for home refinancing, meaning they can get an entirely new mortgage on their home. This can be advantageous when mortgage interest rates fall below what they were when the original mortgage was taken out. This will result in lower payments and savings over the entire life of the loan. But homeowners must meet certain criteria before they can refinance; homeowners’ credit file will be reviewed, and a title report along with a report on liens on the property will be done, among other things, when the homeowner is going through the application process.

Freedom Mortgage Team Inc
(847) 531-8000
166 E Highland Ave
Elgin, IL
 
Gmac Mortgage LLC
(847) 240-1200
2205 Point Boulevard
Elgin, IL
 
First Horizon Home Loan Corporation
(847) 844-8640
2230 Point Blvd
Elgin, IL
 
Mr. Corwin S. Freeman (RFC®), CEP, CSA, LUTCF
(847) 888-3888
14 North 555 Tyrrell Road
Elgin, IL
Company
Valley Estate Planners, Ltd.
Qualifications
Education: AA
Years of Experience: 40
Membership
IARFC, MDRT, FPA, NAIFA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Retirement Planning, Seminars Work, Employee Benefits, Mortgage Loans, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Charitable Planning, Education Plan, Healthcare Accounts, Charitable Foundations, Asset Protection, BuySell, Compensation Plans

Data Provided by:
Vip Mortgage Group Inc
(847) 622-6800
1530 N Randall Rd Ste 202
Elgin, IL
 
Elgin State Bank
(847) 888-7950
1001 S Randall Road
Elgin, IL
 
M And T Mortgage Corporation
(847) 742-9200
630 Tollgate Rd
Elgin, IL
 
Vision Home Mortgage Corporation
(847) 741-9200
75 Market St Ste 5
Elgin, IL
 
Direct Mortgage Corporation
(847) 622-0564
2090 Larkin
Elgin, IL
 
Security Financial Group Inc
(847) 531-7359
565 Tollgate Rd Ste E
Elgin, IL
 
Data Provided by:
Opinion Corner
People in Illinois shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 73%
Rent: 20%
Other: 6%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 3%
I have had to downgrade my home: 7%
I am living paycheck to paycheck: 45%
I have eliminated some of my expenses in order to keep my home: 17%
It has not affected me: 22%
Other: 3%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 32%
I have some equity in my home: 56%
I own my home outright: 7%
I have no idea: 3%
Other: 0%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 35%
I have tried but have not been successful: 27%
No: 37%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 43%
Yes, they were slightly affected: 33%
Yes, they were significantly affected/drained: 22%
Source: Survey.com
Local Events

2017 REALTORS Conference & Expo
Dates: 11/3/2017 – 11/6/2017
Location:
Chicago
View Details