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Serving 47 states including Wisconsin, Illinois, Minnesota, and Florida. We offer first time home buyer, refinance, jumbo, fha 203k rehab loans, reverse mortgages, no money down, current mortgage rates, refinance, 100% financing, conventional financing, interest-only, FHA loans, VA loans, and USDA rural housing loans.
RECENT BLOG POSTS
If you have been riding around town looking at potential homes, you have likely encountered a common phenomena. You either find a fabulous place that is just out of your price range or you find an affordable home in a great neighborhood that needs some work. Not, oh, we can paint the walls and p...
01/19/2015
Purchasing that first home can be intimidating for some buyers. Researching the basics of a mortgage, dealing with real estate agents and filtering through the input of friends, relatives and even co-workers can seem a bit much. Here are the most important things Illinois first time home buyers ...
01/19/2015
Most things in life come in different varieties. There are low cost blue jeans and there are jeans that cost $1,000 or more per pair. Cars can be bought for $1,000 or $200,000 depending on the buyer's ability. Loans also are offered in different varieties. For the borrower that wants the very be...
01/19/2015
  In June of 1944 the Veterans Administration introduced the VA home mortgage program for veterans returning from war overseas.  Over the years the program has been modified to allow many veterans the opportunity to buy a home at affordable rates without the need for paying money down at purchas...
11/09/2014
Lots of advertisements and websites are proclaiming that now is a great time for eligible veterans to apply for a VA mortgage. However, they fail to answer a basic question. What, exactly, can a veteran purchase with an Illinois VA mortgage? Mission of the Veterans Administration Mortgage Progra...
10/31/2013
Thanks to the tough economy of the past several years more people than ever a facing problems with their credit scores. But it does not mean it is the end of the world or that you will never be able to finance a home purchase again. Here are some of the familiar questions asked by borrowers with...
07/26/2013
When you are looking to purchase your first Illinois home it is important to get proper insurance coverage.  A good policy will take care of your contents as well as the actual home in case of damage. The majority of lenders will require that a basic policy is in place when the mortgage is signe...
05/17/2013
UPDATE: View current Illinois USDA Rural Housing Income Limits --------------------------------------------------------------------------------------------------------- Effective 1-22-2013, USDA has updated their database to reflect 2013 Illinois USDA Rural Housing income limits. 9 out of 102 co...
02/12/2013
View Current Illinois FHA Loan Limits   For Forward mortgages with case numbers assigned on or after January 1, 2013 through December 31, 2013: The FHA Floor and Ceiling loan limits will remain the same as those that were in effect from January 1, 2012 through September 30, 2012, as announced in...
12/28/2012
Considering the current state of the home market, it is easy to find a home that is need of some repair. Foreclosures and anticipated foreclosures are scattered across the country. For most buyers, it is impractical to consider such a property. The mortgage lender will not complete the loan unti...
12/11/2012
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Serving 47 states including Wisconsin, Illinois, Minnesota, and Florida. We offer first time home buyer, refinance, jumbo, fha 203k rehab loans, reverse mortgages, no money down, current mortgage rates, refinance, 100% financing, conventional financing, interest-only, FHA loans, VA loans, and USDA rural housing loans.

Visit us online at https://www.madisonmortgageguys.com