View Today's Rates

Rate Points APR Fees Principal&Interest*
4.000% 0.682 4.057% $2,046 $1432.00
4.125% 0.072 4.131% $216 $1454.00
4.250% 0.000 4.250% $0 $1476.00
4.375% 0.000 4.375% $0 $1498.00
4.500% 0.000 4.500% $0 $1520.00

Rates current as of June 24, 2017 09:06 AM

* Payment amounts shown do not include amounts for taxes and insurance premiums, if applicable. Actual payment obligation will be higher.

Assumptions

CONFORMING LOANS:

Loan Amount: $300,000
Loan Purpose: Rate/Term Refinance or Purchase
Down Payment Percentage: 25%
Property Type: Single Family Residence
FICO: 780+
Escrow Account Required: Yes, taxes & insurance
State: IL County: Cook

Rate Points APR Fees Principal&Interest*
3.375% 0.557 3.456% $1,671 $2126.00
3.500% 0.147 3.521% $441 $2145.00
3.625% 0.000 3.625% $0 $2163.00
3.750% 0.000 3.750% $0 $2182.00
3.875% 0.000 3.875% $0 $2200.00

Rates current as of June 24, 2017 09:06 AM

* Payment amounts shown do not include amounts for taxes and insurance premiums, if applicable. Actual payment obligation will be higher.

Assumptions

CONFORMING LOANS:

Loan Amount: $300,000
Loan Purpose: Rate/Term Refinance or Purchase
Down Payment Percentage: 25%
Property Type: Single Family Residence
FICO: 780+
Escrow Account Required: Yes, taxes & insurance
State: IL County: Cook

Rate Points APR Fees Principal&Interest*
3.625% 0.902 4.377% $2,706 $1368.00
3.750% 0.341 4.455% $1,023 $1389.00
3.875% 0.000 4.553% $0 $1411.00
4.000% 0.000 4.680% $0 $1432.00
4.125% 0.000 4.808% $0 $1454.00

Rates current as of June 24, 2017 09:06 AM

* Payment amounts shown do not include amounts for taxes and insurance premiums, if applicable. Actual payment obligation will be higher.

Assumptions

VA/FHA LOANS:

Loan Amount: $300,000
Loan Purpose: Rate/Term Refinance or Purchase
Down Payment Percentage: 25%
Property Type: Single Family Residence
FICO: 780+
Escrow Account Required: Yes, taxes & insurance
State: IL County: Cook

Rate Points APR Fees Principal&Interest*
3.750% 0.807 3.816% $2,421 $1389.00
3.875% 0.259 3.896% $777 $1411.00
4.000% 0.000 4.000% $0 $1432.00
4.125% 0.000 4.125% $0 $1454.00
4.250% 0.000 4.250% $0 $1476.00

Rates current as of June 24, 2017 09:06 AM

* Payment amounts shown do not include amounts for taxes and insurance premiums, if applicable. Actual payment obligation will be higher.

Assumptions

VA/FHA LOANS:

Loan Amount: $300,000
Loan Purpose: Rate/Term Refinance or Purchase
Down Payment Percentage: 25%
Property Type: Single Family Residence
FICO: 780+
Escrow Account Required: Yes, taxes & insurance
State: IL County: Cook

Next Steps

Different loans require different documents, but you will likely need the following: Last 2 years W-2's and 1040's including all schedules

If self-employed: Last two years' corporate tax returns and year-to-date profit & loss statement

Past 30 days computerized pay stubs, to include year-to-date earnings 2 months current bank and asset account statements including all pages (no screen prints)

Driver's license or state ID card

Purchase Agreement (if applicable)

Copy of Cancelled Earnest Money Check (if applicable)

If VA, copy of DD214

Be prepared to have a conversation with your Banker about your home ownership and financial goals so we can help you make the right decision about your home loan.

Apply for a prequalification from BBMC Mortgage. This is a non-committal document, but will outline exactly what products we think are the best fit for your mortgage and your budget.

If you've decided that our loan product is the best solution for your home needs, then it is time to apply!

Call your Banker and let them know you'd like to begin the application process on your mortgage.

Be prepared to standby and wait - without a lot to do - before you hear about your approval. Your Banker may also reach out to you for any additional documentation that is unique to your situation.

If you have any questions, please do not hesitate to reach out to your Banker! Good luck!

Questions?

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1-800-247-2837
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100 W. 22nd St. Suite 101
Lombard, IL 60148
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