It isn’t news that the economy is down, or that banks are being very tight with lending. But it may come as surprise to know that most banks will look for any reason not to close a deal—so don’t give them one. If anything deviates from the norm, some mortgage lenders are quick to delay a closing, keeping you from enjoying your Chicago home. If waiting, paperwork and stress isn’t what you had in mind, adhere to the following rules outlined to me by Sean Lowry of LaSalle Pacor Mortgage Group. They will make the process a lot easier, and you’ll be the happy owner of a Chicago home in no time.
Tips from Sean
Down payment:
Large purchases:
Job
To learn more about tips for closing a Chicago home or Chicago condo, please contact agent Sheldon Salnick at (312) 498-5080 or email him at ssalnick@dreamtown.com.