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Down Payment Assistance in Illinois

Down Payment Assistance in Illinois

by Illinois Exclusive Buyer Agents | Oct 27, 2020 | Getting Started Buying a Home, Mortgage Information

When considering purchasing a home we’ve all heard how important it is to save for the down payment, but what is it? A down payment is money you pay to secure a large purchase like a home. The down payment is your first payment of the purchase, and represents your...
How Much of a Mortgage can I afford?

How Much of a Mortgage can I afford?

by Illinois Exclusive Buyer Agents | Jul 5, 2020 | Mortgage Information

Use our Mortgage Payment Calculator to calculate what your monthly payment would be: Total AmountDown PaymentInterest RateAmortization Period There are a number of factors to consider when determining the size of the mortgage you can afford.  You must consider...
How To Buy a Home

How To Buy a Home

by Illinois Exclusive Buyer Agents | Oct 4, 2019 | Getting Started Buying a Home, Home Buying Tips

There are several steps to purchasing a home. It is recommended that you start by consulting your Buyer Agent as early in the process as possible to make sure that you don’t make any missteps. Your agent will help you navigate through each step and make the...
What is an Exclusive Buyer’s Agent

What is an Exclusive Buyer’s Agent

by Illinois Exclusive Buyer Agents | Jul 6, 2019 | Finding the Right Real Estate Agent

Buyer Agents are real estate agents who work for brokerages that always work for real estate buyers only. They never work with sellers of real estate or list properties. The offices where buyer agents work can be referred to as Buyer Agencies, Buyer Brokers or...
What Are the Types of Mortgages

What Are the Types of Mortgages

by Illinois Exclusive Buyer Agents | Jul 6, 2019 | Getting Started Buying a Home, Mortgage Information

When considering the purchase of a home, buyers must be aware of the different types of mortgages available to them to determine what will best suit their needs. There are two main types of mortgages to be aware of: Fixed Rate and Variable Rate. Fixed Rate Mortgages...
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