Wisconsin, Illinois, Minnesota and Florida Mortgage Bankers

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FHA Loans: Purchase and Refinance in Illinois Wisconsin Minnesota Florida

Posted on May 4th 2010

Whether you are buying your first home, fixing up a foreclosure purchase (REO), or remodeling your current home, an Illinois, Minnesota, Florida or Wisconsin FHA mortgage can help you. In the process of applying to the FHA insured home loan program, it is important to understand that one must obtain the services of an FHA lender in order to obtain an FHA home loan. Read more »

Posted in Chicago Mortgage Programs, FHA Loans, Illinois Mortgage Programs, Madison Mortgage Programs, Milwaukee Mortgage Programs, Wisconsin Programs |

How to Obtain a Refinance Mortgage in Wisconsin Illinois Minnesota and Florida: Conventional, FHA and VA Refinance

Posted on February 23rd 2010

We offer refinance options in Wisconsin, Illinois, Minnesota and Florida on single family homes, duplexes, 2-4 unit properties, low and high rise condos, townhouse, 2nd homes, vacation properties, PUDS, and many others. Refinance now to get a lower rate, turn your adjustable into a fixed rate and get fast cash. Read more »

Posted in Madison Mortgage Programs, Milwaukee Mortgage Programs, Refinance Loans, Wisconsin Programs |

Chicago FHA Mortgage Loans Chicago FHA Refinance

Posted on January 26th 2010

Chicago FHA loans are available to anybody but are used most often by first time home buyers and low to moderate income buyers. FHA loans are insured through a combination of a small upfront mortgage insurance premium (UFMIP), as well as a small monthly mortgage insurance premium. Read more »

Posted in Chicago Mortgage Programs, FHA Loans |

Chicago FHA Refinance Options: Rate Term, Cash Out, Streamline

Posted on November 29th 2009

With out many Chicago refinance options with scores under 740 and being able to get the “best” mortgage rates available, many Chicago residents have turned to FHA.
With an FHA refinance you can still refinance at a 620 score or higher with lower mortgage insurance than a conventional mortgage and up to 97.75% (which includes the [...] Read more »

Posted in Chicago Mortgage Programs, FHA Loans, Refinance Loans |

Current Wisconsin and Illinois Mortgage Rates as of 05/23/2008

Posted on May 23rd 2008

Illinois and Wisconsin Mortgage Rates as of
05/23/2008 10:02 AM CST
Current Mortgage Rate Trend: steady
Visit http://www.madisonmortgageguys.com/current_rates/index.htm for all current rates and APR information.

30 Year fixed:
6.000% (6.062% APR)

15 Year Fixed:
5.625% (5.713% APR)

30 Year FHA and VA:
6.250% (6.434% APR)

30 Year Rural Housing:
6.250% (6.434% APR) Read more »

Posted in Current Mortgage Rates |