If you own a home in the City of Chicago, you’re already familiar with the high cost of living that comes with it. Finding ways to save money is always on the mind, but you need to remember that there are some costs associated with refinancing.  Here at Neighborhood Loans, we’ve streamlined the Refinance process […] Read More

Since 1934, the Federal Housing Administration (FHA), which is a part of the Department of Housing and Urban Development (HUD), has been helping people achieve the dream of homeownership. By offering mortgage insurance that protects lenders in the case of default, having less strict qualifications, and assisting with down payments and closing costs, the FHA […] Read More

Buying a home within the walls of Chicago can be difficult, most residents rent, and the price of property tends to be on the higher side. While difficult, it’s not impossible if you’re properly prepared to purchase a home. Thankfully, there are a handful of great mortgage programs available in Illinois that offer assistance to […] Read More

Illinois, nicknamed The Prairie State, is currently home to over 12 million residents. If you’re looking to make a move and don’t want to call the City of Chicago home, the suburbs are full of desirable places to live. Some perks the suburbs can offer are a high quality of life, premium school districts, and […] Read More

Believe it or not, closing costs are one of the biggest reasons potential homeowners will shy away from buying a home. It’s hard to save up that large sum of money purchasing a home requires, and even more difficult if you have any debts or bills. Not including your down payment, closing costs can include-e […] Read More