Chicago Financial Services

The decision makers in Chicago Financial Services, Inc. are Betsy Hanrahan, Jonathan Diclementi, Patrick Michiels, etc. Click to Find Chicago Financial Services, Inc. decision makers emails.

Chicago Financial Services offers a wide range of mortgage products to meet various needs, including fixed-rate mortgages, adjustable-rate mortgages, FHA loans, VA loans, and 203k loans for home renovations. They also provide specialized services for investment properties, reverse mortgages, and cash-out refinancing options. Whether you're a first-time homebuyer or looking to finance a second home, CFS has tailored solutions to help you achieve your financial goals.

Qualifying for a mortgage with Chicago Financial Services typically involves several key factors, including your credit score, income, employment history, and debt-to-income ratio. CFS offers various programs that may accommodate different financial situations, including options for self-employed individuals and those seeking low down payment assistance. It's best to contact their mortgage specialists for a personalized assessment and to discuss the documentation required for your specific situation.

A 203k loan is a type of FHA loan that allows you to finance both the purchase of a home and the cost of its rehabilitation through a single mortgage. This can be particularly beneficial for buyers looking to purchase fixer-uppers or properties that need significant repairs. Chicago Financial Services can guide you through the process, helping you understand the eligibility requirements and how to effectively use the funds for renovations, making it easier to turn a property into your dream home.

Chicago Financial Services offers several programs specifically designed for first-time homebuyers, including low down payment options and down payment assistance programs. Their mortgage specialists can help you navigate the various financing options available, ensuring you find a mortgage that fits your budget and needs. Additionally, CFS provides educational resources to help first-time buyers understand the home buying process and make informed decisions.

Yes, Chicago Financial Services provides refinancing options for existing mortgages, including cash-out refinancing and rate-and-term refinancing. Refinancing can help you lower your monthly payments, access equity in your home, or switch from an adjustable-rate mortgage to a fixed-rate mortgage. CFS's team of mortgage professionals can assist you in evaluating your current mortgage and determining the best refinancing strategy based on your financial goals.

Chicago Financial Services specializes in financing for investment properties, offering tailored mortgage solutions for both residential and multi-unit properties (2-4 units). They understand the unique challenges of investment property financing and can provide guidance on the best loan options available. CFS can assist you in navigating the application process, ensuring you have the necessary information and support to secure financing for your investment endeavors.