Refinance or Purchase Loans $750,000 and up New Construction $3,000,000 and up

FHA 223(f) - FHA 232/223(F) FHA 242/223(f) - Fannie Mae - Freddie Mac

FHA 223(f) - FHA 232/223(F)  FHA 242/223(f) - Fannie Mae - Freddie Mac
312 Florence Ave., Evanston, IL 60202
HOME - SERVICES - APARTMENT LOANS - NEWS - FHA LEAN - FHA HOSPITAL FINANCE - CONTACT US

Chicago, IL - Evanston - IL


Thursday, January 16, 2014

Wednesday, November 20, 2013

new Small balance loans - fix/rehab type loans Chicago Suburbs Scott 847-903-7578 Chuck 773-259-7074

Small balance loans and focus on "story book" type  loans which need to close fast and loans that banks will not fund on  (i.e. broken condos, fix/rehab type loans, etc).
Kendall Contacts
Or the standards for existing apartments FNMA and FHA RATES

Thursday, October 17, 2013

Apartment rates move down on good news the Government is open.FNMA and Freddy open since congress not involved :)


Bad news they went on vacation without re-authorizing FHA lending limit silly guys so no new FHA apartment and home loans resulting in slight downward pressure on home values and owner equity 

Hopefully they will return from vacation refreshed and ready to get America back to bidness

Apartment Loan Rates Link


Thursday, September 26, 2013

On top of FHA not able to issue new Commitments a federal shutdown looming, Nation Chicago faces layoffs

With a federal shutdown looming, Chicago faces layoffs

The processing of loans backed by the Small Business Administration will stop, contractual payments will be put on hold and most workers will have three or four hours on Oct. 1 to shut down their offices, except for skeleton crews.
"We have people in here every day refinancing major apartment complexes. That would stop," said Ken Brucks, president of the American Federation of Government Employees union, Local 911, which represents about 350 workers in the Chicago office of the Department of Housing and Urban Development. "This will be as bad for business as it is for federal employees."
Federal courts will stay open and trials will take place as usual because the court system is partially funded by fees, but that's just enough to last for 10 business days.
"After Oct. 15, only essential work being done, critical to constitutional requirements" will be allowed if Congress doesn't act by then, said Tom Bruton, clerk of the U.S. District Court in Chicago. New cases could still be filed, but many of the court's 285 employees face furloughs if there is a lapse in appropriations.
Federal agencies are still developing contingency plans, deciding who stays home and who is deemed “essential” enough that they must report for work.

Tuesday, September 10, 2013

    follow me on Twitter

    Commercial Mortgage - Apartment - Healthcare

    Commercial Mortgage