Where the Dream of Home Ownership Becomes Reality
Mortgage Process
...two words that can spell excitement while at the same time strike with anxious moments to the first time home buyer, those experienced in multiple purchases,the investor or those who are looking to refinance.
It doesn’t have to be that way . . . and working with a professional from Fox Valley Financial you can eliminate the anxiety as they walk you through the seemingly complicated process of a mortgage by tailoring a program that meets your goal.
To provide a starting point this web site offers the basics of the process, the terms you will be hearing and a calculator to do some preliminary planning. You will also have an opportunity to make application on-line in the comfort of your home or office.
For specifics and the personalized service we encourage you to contact us directly so that we might identify your individual needs.
From the comfort of your own home, you can find out how much house you prequalify for, apply online and begin to gather the documents you'll need to get your loan approved. It's that easy!
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 Top News
Mortgage Rates Plummet - 15 hours ago
If mortgage rates keep up their current pattern of decline, the forced rate reduction allegedly under discussion at the Department of the Treasury may not be necessary. After showing a net loss of 23 basis points during November, the 30-year fixed-rate...(read more)
Bernanke Recommends Buying Mortgages to Help Stave Off Foreclosures - 15 hours ago
Federal Reserve Chairman Ben Bernanke said market failure is inhibiting loan modifications and that the Fed may start buying securities to help drive down the mortgage rate. Speaking about the housing market at a conference organized by the Federal Reserve...(read more)
FDIC's Bair Defends Community Reinvestment, Supports Loan Modification - 16 hours ago
FDIC chairman Sheila Bair said the government has been behind the curve when it comes to preventing foreclosures, and she called for regulators to use their authority in creating flexible rules for making free loan modifications a top priority. She also...(read more)
Treasury's New Plan - 4.5% Mortgage Rates - 18 hours ago
Homeowners may soon enjoy mortgage rates as low as 4.5 percent if the Treasury Department has its way. According to The Wall Street Journal 's on-line addition late Wednesday, the department is discussing a plan that would use Freddie Mac and Fannie...(read more)
Increased Fed Lending Could Destabilize Financial System - 1 day ago
Richmond Federal Reserve Bank President Jeffrey Lacker said a dramatic increase in Fed lending could destabilize the U.S. financial system. Delivering remarks to a panel discussion on the economic outlook, Lacker said central bank lending can distort...(read more) |
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