Join Darryl Evans at Money Smart Week Seminars

Keelin Billue Gubbels Uncategorized

Darryl Evans will be hosting several events as part of Money Smart Week. Money Smart Week began as a coordinated effort of the Money Smart Advisory Council, a diverse group of more than 40 Chicago-area organizations working together to promote personal financial literacy.   First Time Homebuyer APRIL 18, 2015, 1:00 PM to 2:30 PM Money Smart Week EVENT ID: …

What is the Deal with PMI?

Keelin Billue Gubbels Uncategorized

Private Mortgage insurance (PMI) is an additional insurance required by most lenders if your first mortgage loan exceeds 80% of the lower of the purchase price or appraised value of your home. The insurance fee attempts to equalize the lender’s risk with a similar loan having 20% equity. For instance, years ago when my wife and I purchased our home, …

Home Loans. That is what we do.

Keelin Billue Gubbels Uncategorized

Whether you are purchasing your first home, or second, we can help structure a home loan program that is best suited to your needs. If this is your first home, congratulations! This is one of the most important investments you will make in your lifetime. Here’s How CFS Can Help You: PRE-QUALIFY YOU FOR A HOME LOAN. Over the phone …

Refinance your Mortgage

Keelin Billue Gubbels Uncategorized

Refinancing a mortgage has become so streamlined and inexpensive, people tend to refinance their mortgage more frequently. There are various reasons to do so: Lower your monthly mortgage payment Take cash out from the equity in your home Shorten or lengthen the term of your home mortgage loan Extend the term of your Adjustable-Rate Mortgage at a similar rate (i.e. …

Chicago Mortgage Low Rates

Bought a Home But why do I have More Bills?

Keelin Billue Gubbels News

When you buy a home please consider these additional expenses: Real Estate Taxes – No one likes paying taxes but now you are a homeowner, and the government wants a piece of the pie. Homeowner Insurance – You now own a big expensive home, and you need insurance for all the “surprises”  coming in the near future. Furniture and other …

Why is My Credit Score Only…

Keelin Billue Gubbels Mortgage News, New Home Buyer, News, Refinancing

Many times a borrower has asked “why is my credit score only ###”?   The answer will depend on the credit profile – here’s the breakdown: 35% – payment history : paying your bills on time is 1st primary factor 30% – amount owe/ credit balance : not having all your credit cards max out/close to limit is 2nd primary factor 15% – length of your credit …

To Rent or To Buy, That is the Question…

Keelin Billue Gubbels News

Ask yourself: 1) How much do I have saved?   The min down payment is zero VA, 3 IDHA, 3.5 FHA  and 5% Conventional.  Do you have the min? 2) What is my budget?  Owning a home is not cheap plus you have “other BILLS” before owning.  Can your budget take on more expenses? 3) What is my credit profile?  Good …