Key Mortgage Services provided almost $2.5 million in down payment assistance last year, helping hundreds of buyers achieve their dream of homeownership. Through the @HomeIllinois program, offered by the Illinois Housing Development Authority (IHDA), the mortgage lender will continue to offer 30-year, fixed-rate, affordable...
Get ready Chicagoland, because summer is coming. This season is packed with the start of new events and the return of old favorites, and June is the kickoff for many of them. Take a look at the best events happening in your region this month. You might just discover your next summer tradition. South Subu
Come Aug. 1, having a full service real estate team that you trust will be crucial to closing your deal quickly and efficiently. As you vet your list of transaction partners, consider how important it will become to work with a hyperlocal appraiser. "When you work with a third party appraisal company, you never know where the appraisers are from," said Steve DiMarco, president of Key Mortgage Ser...
The Federal Housing Administration (FHA) will make a major change in mortgage qualification and student loans in September of this year - one that could negatively affect many potential buyers. Previously, borrowers with a 12-month deferment or more on student loans did not have these costs counted against them. After Sept. 14, 2015, all student loan payments will need to be included in the quali...
There's no question that there will be a lot of changes after Aug. 1, but it isn't as bad as the media is making it out to be. You'll just need a shift in your mindset. "The No. 1 thing you can do to help your transactions go smoothly after Aug. 1 is to have a team you can trust," said Steve DiMarco, president of Key Mortgage Services, Inc. "The more control you have over your deal, the fewer del...
