Midlothian, Illinois (IL) Mortgage Brokers
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  Below you will find a list of mortgage resources for Midlothian, Illinois. This list will help find mortage brokers in Midlothian, IL to assist you with your home loan needs.
   

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Below is a list of Mortgage Brokers - Mortgage Lenders in the Midlothian, IL area. 

Midlothian, IL Featured Mortgage Lenders

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My Loan Guy.net
When you need a mortgage you need a Loan Guy. New mortgage and refinance loans for Illinois residents. Located in Chicagos south suburbs, I am ready to help you as I have helped so many other homeowners since 1995. Poor credit or bankruptcy welcome.
Kevin Schuyler  -   (P)708-224-2800 x105   (F)708-224-2900   
4731 Midlothian Tpke. Suite 35 - Midlothian, Illinois 60445
www.myloanguy.net


   
 

 
Important Websites for Midlothian, Illinois
 National Association of Mortgage Brokers
 Mortgage Bankers Association
 Illinois Association of Mortgage Brokers
 Illinois Mortgage Bankers Assoication
 Illinois Office of Banks and Real Estate
 NATIONAL  AVERAGES CURRENT CHANGE
30 Yr Fixed 4.56% -0.01%
15 Yr Fixed 4.03% -0.03%
1 Yr ARM 3.70% -0.04%
Fed Prime 3.25% 0.00%
30 Yr Tres 4.08% 0.00%
 
Important Information for the Midlothian, Illinois Area
County: Cook   Elevation: 615 ft   Timezone: CST
Latittude: 41.62528   Longitude: -87.7175
How many people live in Midlothian (Population)? 14,315
How many homes are in Midlothian (Housing Units)? 5,386
What is the Population Per Square Mile? 5,060
How many Housing Units Per Square Mile? 1,904
How big is Midlothian, IL(Total Area)? 3 Sq M
How much water is in Midlothian (Water Area)? 0 Sq M
How much land is in Midlothian (Land Area)? 3 Sq M
  **Informational Purposes Only - If you find incorrect information please email us.
 
 
  Mortgage Tip #3: Consider a 15 Year Mortgage Over a 30 Year Mortgage

A 15 year mortgage will likely raise your monthly but can save you thousands in interest expense.

Example:

30 year mortgage on $150,000 at 6.5% - Over 30 years you will pay a total of $191,317 in interest.

15 year mortgage on $150,000 at 6.5% - Over 15 years you will pay a total of $85,199 in interest.

As you can see from this example the 15 year mortgage will save you $106,118.
  		 
 
   
 
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