One of the first things you should do when beginning to look for a new home is to determine the up front and ongoing costs of a new home. To help you do that we have pulled together a number of resources on this page - everything from mortgage rate information to various calculators to help you analyze your situation. However, the best approach is for you to get in touch with a mortgage professional as soon as possible. They can help you determine what price you can afford and what your out of pocket costs will be. In addition, they can pre-approve you for a loan so that you are in the strongest position possible when making an offer.
You might even want to talk to more than one mortgage professional to determine who can provide you with the best deal. Lucid Realty can put you in touch with several mortgage companies that we have had positive experiences with. See our list below.
Current Chicago Mortgage Rates
Mortgage Rate Trends
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Preferred mortgage companies*:
Check out our collection of financial calculators that help you evaluate a number of decisions that you might be facing:
- Compare different financing strategies
- Compare different loan terms
- Determine what you can afford and what it will cost you
*These companies do not compensate Lucid Realty for referrals. In fact, to do so would be illegal.
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