The Best Mortgage Lenders in Harvey, IL
Compare verified mortgage lenders serving Harvey, Illinois. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Harvey
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated mortgage lender with over 24 years of experience, renowned for its competitive rates, digital mortgage platform, and exceptional customer service. They have a strong presence in the Chicago metropolitan area, including Harvey, and are known for their wide range of loan products, transparency, and high customer satisfaction scores. Their local loan officers provide personalized guidance, making them a trusted choice for homebuyers in the region.
Loan Types:
A and N Mortgage Services
A and N Mortgage Services, Inc.
A and N Mortgage Services has been a reliable local lender since 1996, offering personalized mortgage solutions with a focus on community service and customer care. They are highly rated for their transparency, competitive rates, and expertise in serving the Harvey area and broader Illinois market. With a commitment to guiding borrowers through every step of the process, they have built a strong reputation for reliability and customer satisfaction.
Loan Types:
CrossCountry Mortgage
CrossCountry Mortgage, LLC
CrossCountry Mortgage is a nationally recognized lender with a robust local presence in the Harvey area, known for its efficient processing, competitive rates, and comprehensive loan options. Founded in 2003, they excel in customer service and have a track record of helping borrowers with diverse needs, including first-time homebuyers and refinancing. Their high ratings and positive reviews highlight their dedication to making the mortgage process smooth and accessible for Illinois residents.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Harvey, IL
What are the current mortgage rates like for homebuyers in Harvey, IL?
Mortgage rates in Harvey are competitive with national averages but can vary based on property condition and neighborhood. Due to Harvey's older housing stock and economic factors, some lenders may apply slight rate adjustments. It's best to compare offers from multiple local lenders who understand the Harvey market specifically.
Are there any special first-time homebuyer programs available specifically for Harvey residents?
Yes, the Illinois Housing Development Authority (IHDA) offers several first-time homebuyer programs that apply to Harvey, including the 1stHomeIllinois program with down payment assistance. Additionally, Cook County has its own Homebuyer Assistance Program that provides up to $10,000 in down payment help for qualified Harvey buyers.
How does Harvey's property tax situation affect mortgage qualification?
Harvey has relatively high property tax rates compared to national averages, which can impact your debt-to-income ratio during mortgage qualification. Lenders will factor in these higher taxes when calculating your monthly housing payment, so it's important to get accurate tax estimates early in the process.
What should I know about getting a mortgage for Harvey's older housing inventory?
Many homes in Harvey were built before 1978, so FHA 203(k) renovation loans are popular options here. Lenders may require additional inspections and might have stricter appraisal requirements for older properties. It's wise to work with lenders experienced in Harvey's historic housing stock.
Are there any city-specific mortgage considerations for buying investment properties in Harvey?
Harvey has specific rental property regulations and requires landlord registration, which lenders will want to verify. Some areas may have higher insurance requirements, and lenders might require larger down payments (20-25%) for investment properties in certain neighborhoods. Always check current city ordinances before purchasing rental property.
Why Choose a Mortgage Lender in Harvey?
Local Market Knowledge
Lenders who understand Harvey's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Illinois.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Harvey and get competitive rates on your home loan.