SSL Secured
Privacy Protected
Licensed & Regulated
MortgageLenderNearMe
Matteson, IL

The Best Mortgage Lenders in Matteson, IL

Compare verified mortgage lenders serving Matteson, Illinois. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.8
Avg Rating
1050+
Reviews
11
Loan Types

Available Loan Programs in Matteson

Fixed-rate
adjustable-rate
FHA
VA
jumbo
conventional
refinance
Conventional
USDA
first-time homebuyer programs
reverse mortgages

Featured Mortgage Lenders

1

Guaranteed Rate

Guaranteed Rate, Inc.

★★★★☆
4.8/5

Guaranteed Rate is a top-rated mortgage lender known for its competitive rates, digital mortgage process, and exceptional customer service. With over two decades of experience, they have a strong presence in the Chicago metropolitan area, including Matteson, and are highly regarded for their wide range of loan options and efficient closing times. Their high ratings reflect consistent customer satisfaction and reliability in the mortgage industry.

Experience:24 years
Reviews:350 customer reviews
15310 Wolf Rd, Orland Park, IL 60467

Loan Types:

Fixed-rateadjustable-rateFHAVAjumboconventionalrefinance
Visit Website
2

CrossCountry Mortgage

CrossCountry Mortgage, LLC

★★★★☆
4.7/5

CrossCountry Mortgage is a highly reputable lender with a focus on personalized service and community involvement. Serving Matteson and the broader Illinois region, they offer a comprehensive suite of mortgage products and are praised for their knowledgeable loan officers and smooth application process. Their long-standing experience and high customer ratings make them a trusted choice for homebuyers seeking tailored solutions.

Experience:21 years
Reviews:280 customer reviews
2000 Spring Road, Suite 500, Oak Brook, IL 60523

Loan Types:

ConventionalFHAVAUSDAjumborefinancefirst-time homebuyer programs
Visit Website
3

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.9/5

Fairway Independent Mortgage Corporation is renowned for its competitive rates, extensive loan options, and outstanding customer support. With nearly three decades in business, they have a strong regional presence in Illinois, including Matteson, and are frequently highlighted for their efficient processing and commitment to homebuyer education. Their high review counts and ratings underscore their reliability and excellence in the mortgage lending space.

Experience:28 years
Reviews:420 customer reviews
2245 Sequoia Drive, Suite 100, Aurora, IL 60506

Loan Types:

ConventionalFHAVAUSDAjumboreverse mortgagesrefinance
Visit Website

Frequently Asked Questions

Common questions about mortgage lending in Matteson, IL

What are the current mortgage rates like for homebuyers in Matteson, IL?

Mortgage rates in Matteson typically align with national averages but can vary based on local lender competition and property type. As of recent trends, Matteson buyers can expect competitive conventional loan rates, with local credit unions often offering particularly favorable terms. It's wise to compare rates from both national lenders and local Illinois-based institutions for the best deal.

Are there any first-time homebuyer programs specifically available in Matteson?

Yes, Matteson homebuyers can access the Illinois Housing Development Authority's (IHDA) programs like the 1stHomeILLINOIS and Access Forgivable programs, which offer competitive interest rates and down payment assistance. These programs are particularly valuable in Matteson's affordable housing market, helping buyers overcome initial cost barriers. Additionally, some Cook County programs may provide additional support for qualified buyers.

How does Matteson's property tax rate affect my mortgage payments?

Matteson's property tax rates are relatively moderate for Cook County, typically ranging between 2.0-2.5% of assessed value. This means your monthly mortgage payment will include a significant escrow portion for taxes, so factor this into your budget. Many lenders will require you to escrow for taxes, adding roughly $300-500 monthly to your payment depending on home value.

What special mortgage considerations should I know about for Matteson's housing market?

Given Matteson's mix of older established homes and newer developments, mortgage lenders may require additional inspections for older properties. Also, since Matteson offers good value relative to nearby Chicago suburbs, you might qualify for more home than in pricier areas. Be prepared for potential appraisal challenges as comparable sales can vary significantly between different Matteson neighborhoods.

Are there any local down payment assistance programs available for Matteson homebuyers?

Beyond state programs, Matteson buyers may qualify for Cook County's Homebuyer Assistance Program, which can provide up to $10,000 in down payment help. Some local lenders also offer special programs for Matteson's teacher, healthcare, and municipal workers. Many Matteson homes also qualify for USDA rural development loans, which offer 100% financing despite being in a suburban area.

Mortgage Insights

Finding Your Perfect Mortgage Match in Matteson, IL

Searching for "mortgage agents near me" is more than just finding a local office; it's about finding a financial partner who understands the unique heartbeat of the Matteson housing market. As a homebuyer here, you're navigating a community prized for its excellent schools, diverse neighborhoods, and convenient access to Chicago and major interstates. Partnering with a mortgage agent who knows these local advantages—and the specific financial landscape of Illinois—can make all the difference in securing your dream home.

Why Local Expertise in Matteson Matters

A mortgage agent based in or deeply familiar with Matteson brings invaluable local insight. They understand the pricing trends in neighborhoods like Cherry Hill or the newer developments, helping you determine a realistic budget. They can advise on property tax considerations specific to Cook County, which are a significant part of your monthly payment. Furthermore, a local agent often has established relationships with area realtors, appraisers, and title companies, creating a smoother, more coordinated homebuying process for you. This network can be crucial in a competitive market, where a well-connected professional can help your offer stand out.

Actionable Tips for Your Matteson Mortgage Search

First, look for agents who are not only local but also proactive educators. Your initial consultation should feel like a collaborative planning session, not just a rate quote. Ask potential agents specifically about their experience with Illinois-specific programs, such as the Illinois Housing Development Authority (IHDA) offerings. For example, the IHDA provides first-time homebuyer programs like the 1stHomeIL loan, which offers a 30-year fixed-rate mortgage with down payment assistance. A knowledgeable Matteson agent will know if you qualify and how to seamlessly integrate such programs.

Second, come prepared. Before you even start viewing homes, connect with a local mortgage agent for a pre-approval. This step is especially powerful in Matteson, as it shows sellers you are a serious, qualified buyer. Discuss your full financial picture, including debts, assets, and your long-term goals. A good agent will help you understand how factors like your credit score impact your options and suggest steps to strengthen your position.

Leveraging Illinois Programs and Local Insight

Beyond state programs, a seasoned Matteson mortgage agent will guide you through all your loan options—from conventional loans to FHA, VA, or USDA loans—and which might be best suited for the types of properties you're considering. They can also provide crucial advice on closing costs in Illinois and any local lender fees.

Your search for "mortgage agents near me" in Matteson is the first step toward building a foundation for your future here. By choosing an agent who combines local market fluency with access to Illinois homebuyer resources, you’re not just getting a loan; you’re gaining a trusted advisor for one of life’s most significant investments. Start by interviewing a few local professionals, and choose the one who makes you feel most confident and clearly invested in your success as a future Matteson homeowner.

Nearby Cities

Explore mortgage lenders in cities near Matteson, IL

Why Choose a Mortgage Lender in Matteson?

Local Market Knowledge

Lenders who understand Matteson'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 Matteson and get competitive rates on your home loan.