FINANCING NEEDS

 
ChicagoFed.pdf - Tradeoff Between Mortgage Prepayments and Tax Deferred

                                 Retirement Savings Download

CMPSInstitute.pdf - Equity Management and Velocity of Money Download

 

CHICAGO MORTGAGE LOANS, MORTGAGE PLANNING AND HOME FINANCE

Which is ABSOLUTELY the right loan strategy based on some fundamental principles of finance - Taxation Benefit, Arbitrage Differentials, Leveraging %, Effective Rates/True Cost, Time Value and Velocity of Money Principles?...just food for thought.

  • Down Payment/Equity Position - What $$, what assets used, 91 day rule... Is 20% down (or more) wise...?
  • Mortgage Instruments - multiple types of mortgage insurance or 80/15, 75/20, 70/25, 65/30?... which is really most effective...?
  • Taxation Advantage - tax bracket %, cost vs. discount, higher rate vs. higher fees, cap limits, TIME FRAME...?
  • Economics and Interest Rates - Daily/weekly data, degree of impact, reversal trends and resistance...when should you REALLY LOCK...?
  • APR Realities - APR is entirely inaccurate 99% of the time...
  • ARM loans vs Fixed - Are ARM loan strategies truly risky...? Not if used correctly...

 

Modern mortgage, real estate and equity management choices can often confuse and overwhelm you as you face some of life's biggest financial decisions.  A close, consultative relationship ensures that we can help you meet your goals according to your own situation.

Your financial well being fundamentally center around the home purchase.  We all realize the real estate investment is an essential tool for accumulating a greater net worth.  Some may feel it is only a temporary shelter for now.  But appropriate leveraging and acquisition strategy is key to retaining safety, liquidity and a reasonable return on your investment.  Today's mortgage market more than ever requires the highest degree of expertise in helping you obtain a sensible loan solution.

Keep a very open and receptive mind.  Regardless of your financial background, your experience with mortgage lending and your level of education, let us help guide you to the end result for which you are looking.  Many times it seems the mortgage industry steers consumers toward a one-size-fits-all approach and we understand the apprehension this has created.  This simply is not a viable option for most.  We will help you make the right decision for yourself and you can bet it will be the BEST decision you could make.

CALL
JON MILLER
DIRECTLY AT:
312.738.6013 jmiller@chicagobancorp.com