773-774-9040

Loan Application Info

An overview of the loan process

Step one: Determine how much you can borrow

-How much of a monthly payment
can you afford?

-Use our mortgage calculators to get an idea of payments amounts

-We’ll look at your credit/employment history, income/debt, etc. to determine what a lender
will loan you

Step two: Pre-qualify for your loan

We give you a pre-qualification letter based on the loan amount you can get which you can use as you look for a home

Step three: Apply now! We make it easy

If you make an offer and it is accepted, then you complete the mortgage loan application. You can do it online via our website or in person at one of our offices. An appraisal of the home will be needed as well.

Step four: Loan is funded

Realtor and seller choose escrow/title company after loan is approved. We work with you to make sure all the paperwork is organized.

7221 W Touhy Ave Chicago. IL 60631-4324

(773) 774-9040 ext. 104

(773) 774-9846

info@forummtg.com

 

Forum Mortgage Bancorp is regulated by: State of IIIinois Department of Financial and Professional Regulations, Division of Banking
100 W. Randolph St., 9th Floor, Chicago, IL 60601
(312) 793-3000 | www.idfpr.com NMLS # 143978 License # MB.0004433

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