Which Loan Is Right for You?
Citywide Home Mortgage has options. Here’s what TK and the team can offer you:
🏠 FHA Loan
Federal Housing Administration — Makes homeownership more affordable with less money down and easier credit requirements.
- Down payment options start at 3.5%
- Allows non-occupying co-borrower
- Down payment and closing costs may be gifted
🌾 USDA Loan
United States Department of Agriculture — Developed to promote the purchase of land in rural areas.
- 0% down payment options
- No private mortgage insurance (PMI), plus low monthly guaranteed annual fee
- Only applies to designated rural properties
🎖️ VA Loan
Veterans Affairs — Only available to Veterans and active duty service members.
- 0% down payment options
- No Private Mortgage Insurance (PMI)
- Loan options up to $2M
📋 Conventional Loan
The most common form of loan — Usually (but not always) with the best interest rate.
- No mortgage insurance options for borrowers with down payment less than 20%
- Finance 2-4 unit property with 5% down options
💰 Jumbo Loan
Loans above the Conforming Limit of $726,200
- Non-bank jumbo lender
- For borrowers in the market for a home loan above $726,200
🏗️ New Construction Loan
Loans on homes being built — Lock in your rate early.
- FHA, VA, Conforming and Jumbo Extended Lock options up to 12 months
- 2-1 temporary rate buydown available
- Financing options to include post-closing upgrades
- Escrow holdback waiver program
🔨 Renovation Loan
Build renovation costs into your mortgage
- FHA 203k and Fannie Mae HomeStyle options
- Down payment options as low as 3%
- Purchase or no cash-out refinance allowed
🐶 Ways to Refer TK!
Please refer me business so Little Bubba can eat good meals and have a nice life! ~
Here are the top 3 easiest ways to refer me:
- Group text intro — The second you hear someone talking about purchasing a home or looking to refinance, send a group text introducing us!
- Call me — Just call and tell me “I have someone for you!”
- Email intro — Send an email introducing us. Include their name and phone number, and my name and phone number as well.
📲 Apply with TK
📝 Get Pre-Qualified
Ready to get started? Fill out this quick form and TK will reach out to discuss your options.
Guaranteed Rate, Inc. DBA Citywide Home Mortgage | NMLS 2611 | TK NMLS# 254253
3940 N. Ravenswood Ave, Chicago, IL 60613 | (866) 508-5515
Equal Housing Lender. Conditions may apply.
Referred by Roberto “Beto” Montaño — Engel & Völkers Chicago
